Overview
What is Bowdoin International Music Festival?
The Bowdoin International Music Festival, established in 1964, is a distinguished nonprofit organization situated in Brunswick, Maine. With a mission to nurture gifted young musicians from diverse backgrounds, the festival offers an extensive summer study program. This program provides these talented individuals with the chance to learn from renowned artists, culminating in a series of seven concerts that showcase classical music of the highest caliber. The festival takes place annually for six weeks on the Bowdoin College campus and surrounding Brunswick area, ensuring that audiences can enjoy the musical offerings. The festival employs a team of 22 dedicated individuals to make this enriching experience possible.
Official website here: www.bowdoinfestival.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 95% (Four-Star out of Four Star Rating)
The Bowdoin International Music Festival has achieved a commendable Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. With a high score of 96 in this category, the organization demonstrates effective financial management practices, including a significant commitment to transparency and oversight through an independent board and rigorous auditing processes.
The festival maintains a robust program expense ratio of 83.31%, indicating that a substantial portion of its funds is directed towards its core programs. Additionally, the organization has established comprehensive policies around conflict of interest and whistleblower protections, which further enhance its governance and accountability.
While the Culture & Community Score is slightly lower at 85, the festival still exhibits a commitment to equity strategies, scoring 85 out of 100. This suggests ongoing efforts to foster an inclusive environment for diverse participants and audiences, though there may be opportunities to strengthen community engagement initiatives further. Overall, the Bowdoin International Music Festival stands out for its fiscal responsibility and dedication to its artistic mission.
This AI summary has been generated from information found on Charity Navigator.
Is Bowdoin International Music Festival legitimate?
Bowdoin International Music Festival is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bowdoin International Music Festival 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: $240,424
Professional Fundraising Fees: $0
Other Salaries and Wages: $721,579
For more financial information, click here
Official website here: www.bowdoinfestival.org
What is the mission statement of Bowdoin International Music Festival?
The Bowdoin International Music Festival's mission is to offer a study program and summer concert series for exceptional young musicians from around the globe. Their objective is to provide these talented individuals with the chance to learn from renowned artists, thereby enhancing their skills. Simultaneously, the festival aims to offer audiences access to classical music performances of exceptional quality. Established in 1964, the festival hosts various concert series as part of its six-week summer program, which takes place on the Bowdoin College campus and in the Brunswick, Maine area.
Official website here: www.bowdoinfestival.org
Who is the CEO of Bowdoin International Music Festival?
Daniel Nitsch is the Executive Director of Bowdoin International Music Festival.
Official website here: www.bowdoinfestival.org
What is the revenue of Bowdoin International Music Festival?
Bowdoin International Music Festival's revenue in 2022 was $2,363,131.
Official website here: www.bowdoinfestival.org
Who are the executives of Bowdoin International Music Festival and what are their salaries?
The average compensation at Bowdoin International Music Festival during 2022 was $43,727. There are 22 employees and 27 volunteers at Bowdoin International Music Festival.
Here are 30 key members and their salaries:
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- Compensation: $96,569
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- Other: $20,233
Official website here: www.bowdoinfestival.org
Where can I find the form 990 for Bowdoin International Music Festival?
Bowdoin International Music Festival's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.bowdoinfestival.org
Learn more at the official website: www.bowdoinfestival.org
Mission Statement of Bowdoin International Music Festival
The Bowdoin International Music Festival, established in 1964, is dedicated to serving gifted young musicians from around the globe. Its mission is threefold: firstly, it offers these talented individuals an opportunity to study under renowned artists. Secondly, it aims to present classical music to audiences at the pinnacle of artistic excellence. Through a six-week summer program held on the Bowdoin College campus and in the Brunswick, Maine area, the Festival hosts seven concert series, providing a platform for these young musicians to showcase their skills and contribute to the richness of classical music. The Festival's mission is therefore to nurture the talents of the future generation of musicians and to share their artistry with appreciative audiences.
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Impact
July, 2024
The Bowdoin International Music Festival impacts the classical music world by providing a platform for gifted young musicians from around the world to study with world-class artists. Through an intensive summer study program that includes seven concert series, the festival offers these budding musicians an opportunity to hone their skills and develop their talents. Audiences also benefit from this program, as they get to enjoy classical music performances of the highest artistic standards. The festival, which has been running since 1964, serves as a vital hub for nurturing young musical talent and promoting the beauty of classical music.
This information is meant to be a general summary of Bowdoin International Music Festival. 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: $324,014
- Program Service Revenue: $1,113,228
- Gross Receipts: $4,218,293
Assets and Liabilities:
- Total Assets: $5,804,494
- Total Liabilities: $818,747
- Net Assets: $4,985,747
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Tuition
Revenue
$512,232
Room and board
Revenue
$378,740
Ticket sales
Revenue
$111,566
Application fees
Revenue
$110,690
Organization Details
Founding Year
1997
Phone
(207) 373-1400Principal Officer
Daniel Nitsch
Main Address
181 Park Row, Brunswick, ME, 04011
Website
www.bowdoinfestival.orgNTEE Category
Code: A680 - Arts
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