Overview
What is The Eastern Connecticut Symphony Orchestra Incorporated?
The Eastern Connecticut Symphony Orchestra Incorporated, located at 289 State Street, New London, CT 06320, is a nonprofit organization dedicated to bringing live orchestral music to communities in southeastern Connecticut. Their mission is to inspire, educate, and connect their community through this musical art form. With a team of 61 dedicated individuals, they produce various concerts and musical activities, contributing to the cultural richness of their region.
Official website here: www.ectsymphony.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 88% (Three-Star out of Four Stars)
The Eastern Connecticut Symphony Orchestra Incorporated has received a solid Three-Star rating from Charity Navigator, indicating a strong performance in accountability and finance. With an impressive score of 88% in this category, the organization demonstrates a commitment to transparency and effective management, particularly with 100% of its board members being independent and a low ratio of liabilities to assets at 2.09%. The program expense ratio is also noteworthy, as nearly 72% of expenses are directed towards programs, suggesting a focus on fulfilling its mission.
However, while the orchestra excels in many areas, there are some limitations in its governance practices. Notably, the organization lacks a whistleblower policy and a document retention and destruction policy, which are essential for maintaining accountability. Additionally, the absence of the tax form on its website may hinder transparency regarding its financials for potential donors and stakeholders.
Overall, The Eastern Connecticut Symphony Orchestra Incorporated shows strong financial health and governance effectiveness, but it would benefit from improving its policies to enhance accountability and transparency further.
This AI summary has been generated from information found on Charity Navigator.
Is The Eastern Connecticut Symphony Orchestra Incorporated legitimate?
The Eastern Connecticut Symphony Orchestra Incorporated is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Eastern Connecticut Symphony Orchestra Incorporated 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $320,390
For more financial information, click here
Official website here: www.ectsymphony.org
What is the mission statement of The Eastern Connecticut Symphony Orchestra Incorporated?
The Eastern Connecticut Symphony Orchestra Incorporated's mission is centered around inspiring, educating, and fostering connections within communities through the medium of live orchestral music. This mission is achieved by organizing various musical events and activities in southeastern Connecticut. By doing so, the orchestra aims to enrich and engage the local population, contributing to a culturally enriched community.
Official website here: www.ectsymphony.org
What is the revenue of The Eastern Connecticut Symphony Orchestra Incorporated?
The Eastern Connecticut Symphony Orchestra Incorporated's revenue in 2024 was $767,101.
Official website here: www.ectsymphony.org
Who are the executives of The Eastern Connecticut Symphony Orchestra Incorporated and what are their salaries?
The average compensation at The Eastern Connecticut Symphony Orchestra Incorporated during 2024 was $5,340. There are 60 employees and 100 volunteers at The Eastern Connecticut Symphony Orchestra Incorporated.
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Official website here: www.ectsymphony.org
Where can I find the form 990 for The Eastern Connecticut Symphony Orchestra Incorporated?
The Eastern Connecticut Symphony Orchestra Incorporated's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.ectsymphony.org
Learn more at the official website: www.ectsymphony.org
Mission Statement of The Eastern Connecticut Symphony Orchestra Incorporated
The Eastern Connecticut Symphony Orchestra Incorporated, as an organization, is committed to inspiring, educating, and connecting its communities through live orchestral music. By producing concerts and various musical activities, this nonprofit aims to foster a sense of unity and appreciation for music within its communities, serving as a vital cultural resource. The orchestra's mission is to provide an enriching and engaging musical experience, fostering a deeper understanding and love for orchestral music in individuals of all ages and backgrounds.
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Impact
July, 2024
The Eastern Connecticut Symphony Orchestra Incorporated's impact is profound in its ability to inspire, educate, and connect communities through live orchestral music. By producing concerts and other musical activities in southeastern Connecticut, the orchestra enriches the cultural landscape of the region. Through their performances and outreach initiatives, they contribute to the artistic development of the community and foster a greater appreciation for classical music. The Eastern Connecticut Symphony Orchestra plays a vital role in promoting the arts and creating a sense of unity and cultural enrichment for the residents of New London and beyond.
This information is meant to be a general summary of The Eastern Connecticut Symphony Orchestra Incorporated. 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 2024.
- Investment Income: $119,920
- Program Service Revenue: $175,615
- Gross Receipts: $948,148
Assets and Liabilities:
- Total Assets: $4,573,438
- Total Liabilities: $95,766
- Net Assets: $4,477,672
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CONCERT SUBSCRIPTION SALES
Revenue
$85,669
CONCERT TICKET SALES
Revenue
$67,999
CONTRACT PERFORMANCES
Revenue
$20,076
INSTRUMENT COMPETITION FEES
Revenue
$1,551
EDUCATIONAL SERVICES
Revenue
$320
Organization Details
Founding Year
1946
Principal Officer
Liane Crawford
Website
www.ectsymphony.orgNTEE Category
Code: A690 - Arts
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