Overview
What is Springfield Symphony Orchestra Inc?
Springfield Symphony Orchestra Inc, based in Springfield, Massachusetts, serves as a vibrant cultural institution. Their primary mission is to maintain and advance a professional symphony orchestra, delivering performances of exceptional artistic quality that cater to audiences of all ages. Beyond orchestral performances, they also operate a volunteer chorus and provide musical performances and educational programs for youth. The organization's activities extend to in-school educational presentations, youth concerts, and sponsoring youth orchestras, as well as hosting an instrument petting zoo. With a dedicated workforce of 30 individuals, Springfield Symphony Orchestra Inc contributes significantly to the local arts scene and fosters a love for music among all generations.
Official website here: www.springfieldsymphony.org
What are the reviews and ratings of this charity?
Charity Navigator rating: 96%, Four-Star out of Four Star rating.
Springfield Symphony Orchestra Inc has achieved a high level of accountability and financial management, reflected in its excellent 96% score. The organization benefits from a majority independent board, which enhances its governance, and it meets all the necessary benchmarks for transparency and oversight. Key aspects such as its conflict of interest and whistleblower policies are well-established, ensuring ethical operations.
The financial health of the organization is notable, with a low liabilities to assets ratio, indicating strong financial stability. Additionally, a significant portion of expenses (75.39%) is directed toward programs, emphasizing a commitment to its mission rather than administrative costs. These metrics demonstrate the orchestra's dedication to effectively utilizing its resources for community benefit.
While the rating is commendable, the summary does not highlight any specific areas for improvement or challenges faced by the organization. Overall, Springfield Symphony Orchestra Inc stands out as a well-managed nonprofit with a strong commitment to accountability and performance.
This AI summary has been generated from information found on Charity Navigator.
Is Springfield Symphony Orchestra Inc legitimate?
Springfield Symphony Orchestra Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Springfield Symphony Orchestra Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $77,412
Professional Fundraising Fees: $0
Other Salaries and Wages: $324,810
For more financial information, click here
Official website here: www.springfieldsymphony.org
What is the mission statement of Springfield Symphony Orchestra Inc?
The Springfield Symphony Orchestra Inc's mission is centered around maintaining and enhancing a professional symphony orchestra that delivers performances of high artistic merit. These performances serve to educate and entertain audiences of all ages. In addition to this, the orchestra operates a volunteer chorus and provides musical performances and educational programs for young individuals. The organization's activities extend to presenting programs of classical and popular music, conducting in-school educational presentations, organizing youth concerts for elementary students, and sponsoring youth orchestras and instrument petting zoos.
Official website here: www.springfieldsymphony.org
Who is the CEO of Springfield Symphony Orchestra Inc?
Paul Lambert is the Interim Executive Director of Springfield Symphony Orchestra Inc.
Official website here: www.springfieldsymphony.org
What is the revenue of Springfield Symphony Orchestra Inc?
Springfield Symphony Orchestra Inc's revenue in 2022 was $1,188,178.
Official website here: www.springfieldsymphony.org
Who are the executives of Springfield Symphony Orchestra Inc and what are their salaries?
The average compensation at Springfield Symphony Orchestra Inc during 2022 was $13,407. There are 30 employees and 7 volunteers at Springfield Symphony Orchestra Inc.
Here are 10 key members and their salaries:
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- Other: $13,708
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Official website here: www.springfieldsymphony.org
Where can I find the form 990 for Springfield Symphony Orchestra Inc?
Springfield Symphony Orchestra Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.springfieldsymphony.org
Learn more at the official website: www.springfieldsymphony.org
Mission Statement of Springfield Symphony Orchestra Inc
Springfield Symphony Orchestra Inc, a renowned organization, is dedicated to preserving and enhancing a professional symphony orchestra that delivers performances of exceptional artistic merit. These shows not only entertain but also educate audiences of various age groups. In addition to this, the orchestra operates a volunteer chorus and offers musical performances and educational programs designed specifically for youth.
The mission of Springfield Symphony Orchestra Inc goes beyond just presenting concerts. It extends to the educational sector, where the organization conducts in-school presentations and youth concerts for elementary students. These initiatives aim to introduce young minds to the world of classical and popular music, fostering a love and appreciation for music from an early age. The orchestra also supports local youth orchestras and hosts an instrument petting zoo, providing an up-close and personal experience with musical instruments. Furthermore, Springfield Symphony Orchestra Inc's volunteer chorus contributes to the musical landscape, offering opportunities for individuals to perform and engage with music.
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Impact
July, 2024
The impact of Springfield Symphony Orchestra Inc is significant in the cultural and educational enrichment of the community. Through its high-quality performances, the orchestra educates and entertains audiences of all ages, fostering an appreciation for classical and popular music. Additionally, their in-school educational presentations, youth concerts, and sponsorship of a youth orchestra and instrument petting zoo contribute to the musical education and development of young people in the Springfield area. The volunteer chorus further adds to the diversity and richness of the orchestra's programs. Ultimately, the Springfield Symphony Orchestra Inc plays a vital role in promoting the arts and fostering a love for music within the community.
This information is meant to be a general summary of Springfield Symphony Orchestra Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $138,865
- Program Service Revenue: $69,659
- Gross Receipts: $1,188,178
Assets and Liabilities:
- Total Assets: $7,735,857
- Total Liabilities: $75,861
- Net Assets: $7,659,996
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Performance Concert Revenue
Revenue
$35,134
Educational Programs
Revenue
$34,525
Organization Details
Founding Year
1944
Phone
(413) 733-0636Principal Officer
Paul Lambert
Main Address
1441 MAIN STREET, SPRINGFIELD, MA, 01103
Website
www.springfieldsymphony.orgNTEE Category
Code: A690 - Arts
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