Overview
What is Silk Road Project Inc?
Silk Road Project Inc, headquartered in Brighton, Massachusetts, is a nonprofit organization dedicated to fostering cultural collaboration and promoting understanding through music. Their mission is to engage with diversity, sparking passionate learning and collaboration, aiming to build a more hopeful world. Their first artistic endeavor under the leadership of Rhiannon Giddens is called Phoenix Rising, which serves as a collective grieving song and a clarion call, uniting audiences through various cultural experiences. This program features a mix of Silk Road's award-winning compositions, new commissions, and arrangements. The organization debuted Phoenix Rising at the American Repertory Theater's Loeb Drama Center in November 2021, followed by performances in Orlando, Florida, and Bilbao, Spain. With a workforce of 14 individuals, Silk Road Project Inc continues to inspire and unite people through their music and initiatives.
Official website here: www.silkroad.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 100% (Four-Star out of Four Stars)
Silk Road Project Inc has achieved an exceptional Four-Star rating from Charity Navigator, reflecting its strong performance in both accountability and finance as well as culture and community. The organization demonstrates a commitment to transparency and effective management, with 100% independent board members and robust financial oversight mechanisms in place. This high level of accountability is complemented by thorough documentation practices and policies that further establish the integrity of the organization.
The nonprofit excels in its financial ratios, including a program expense ratio of 70.86%, which indicates a significant portion of funds is directed towards its programs rather than administrative costs. Additionally, it maintains a low fundraising efficiency ratio, showcasing effective utilization of resources. The organization also reflects positive constituent feedback and actively collects and utilizes stakeholder input, ensuring that their programs effectively meet community needs.
While the ratings highlight numerous strengths, the primary focus on accountability and finance may overshadow other operational aspects. However, the data indicates no significant limitations or concerns within its current practices, positioning Silk Road Project Inc as a reliable and impactful nonprofit organization.
This AI summary has been generated from information found on Charity Navigator.
Is Silk Road Project Inc legitimate?
Silk Road Project Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Silk Road Project 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: $521,539
Professional Fundraising Fees: $0
Other Salaries and Wages: $852,180
For more financial information, click here
Official website here: www.silkroad.org
What is the mission statement of Silk Road Project Inc?
The Silk Road Project Inc's mission is centered around creating music that fosters understanding and collaboration among diverse cultures. This mission aims to inspire passion-driven learning and build a more hopeful and harmonious world. As an artistic endeavor, their first project under this mission, Phoenix Rising, serves as a collective grieving song and call to action, uniting audiences through various cultural experiences. This program features a mix of Silk Road's award-winning compositions, new commissions, and arrangements, debuting at the American Repertory Theater's Loeb Drama Center and performing in Orlando, Florida and Bilbao, Spain.
Official website here: www.silkroad.org
Who is the CEO of Silk Road Project Inc?
Lori Samuels is the Board Chair of Silk Road Project Inc.
Official website here: www.silkroad.org
What is the revenue of Silk Road Project Inc?
Silk Road Project Inc's revenue in 2022 was $3,944,577.
Official website here: www.silkroad.org
Who are the executives of Silk Road Project Inc and what are their salaries?
The average compensation at Silk Road Project Inc during 2022 was $98,123. There are 14 employees and 19 volunteers at Silk Road Project Inc.
Here are 25 key members and their salaries:
- Compensation: $265,500
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- Other: $25,068
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- Compensation: $2,829
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Official website here: www.silkroad.org
Where can I find the form 990 for Silk Road Project Inc?
Silk Road Project Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.silkroad.org
Learn more at the official website: www.silkroad.org
Mission Statement of Silk Road Project Inc
Silk Road Project Inc, a nonprofit organization, is dedicated to fostering music that bridges cultural divides. Through their mission, they aim to spark radical cultural collaboration and passion-driven learning, envisioning a more hopeful world. Their activities are centered around engaging with differences, using music as a catalyst to build understanding and foster unity. By bringing together diverse cultures, Silk Road Project Inc seeks to create a more peaceful and just society, serving as a beacon of hope as we navigate through challenging times.
One of their initiatives, Phoenix Rising, is a concert series led by Rhiannon Giddens. This program serves as a collective grieving song and a clarion call, bringing audiences together through varied cultural experiences. Phoenix Rising features a mix of Silk Road's award-winning compositions and arrangements, new commissions by renowned composers, and innovative arrangements by Silk Road's talented musicians. Through this concert series, Silk Road Project Inc demonstrates their commitment to using music as a tool for unity and healing, encouraging audiences to model a vision for a more harmonious world.
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Impact
July, 2024
Silk Road Project Inc's impact lies in its ability to create music that engages difference, sparking radical cultural collaboration and passion-driven learning to build a more hopeful world. Through initiatives like the Phoenix Rising concert series, Silk Road Project brings together diverse cultural experiences to unite audiences and model a vision for a more peaceful and just world. By featuring award-winning compositions, new commissions, and innovative arrangements, Silk Road Project's impact resonates not only in the realm of arts but also in fostering understanding and connection among people from various backgrounds.
This information is meant to be a general summary of Silk Road Project 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: $2,593
- Program Service Revenue: $570,487
- Gross Receipts: $3,944,577
Assets and Liabilities:
- Total Assets: $4,997,714
- Total Liabilities: $498,053
- Net Assets: $4,499,661
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PERFORMANCE FEES
Revenue
$349,737
PROGRAM INCOME
Revenue
$220,750
Organization Details
Founding Year
1998
Phone
(413) 238-1746Principal Officer
Lori Samuels
Main Address
PO BOX 35460, BRIGHTON, MA, 02135
Website
www.silkroad.orgNTEE Category
Code: A230 - Arts
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