Overview
What is Waterbury Symphony Orchestra Inc?
Waterbury Symphony Orchestra Inc, located at 500 Chase Parkway 4C, Waterbury, Connecticut 06708, is a nonprofit organization with a mission to enrich the local community. Their primary focus lies in providing captivating symphony concerts and educational programs in the greater Waterbury area and its surrounding regions. With a team of five dedicated individuals, they strive to engage and inspire the local population through the power of music and learning. Their efforts aim to foster a deeper appreciation for classical music and cultivate a vibrant cultural scene in Waterbury.
Official website here: www.waterburysymphony.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 88%, Three-Star out of Four Star Rating.
The Waterbury Symphony Orchestra Inc has achieved a commendable score of 88%, reflecting its strong performance in accountability and finance. This rating indicates that the organization is effectively managing its financial resources and maintaining transparency, which is essential for nonprofit credibility. The score is based solely on accountability and finance metrics, underscoring the organization's commitment to maintaining high standards in these areas.
The Waterbury Symphony Orchestra excels in various aspects of governance and financial oversight. Notably, it boasts a fully independent board of directors, which contributes to its strong accountability. The organization also has a solid program expense ratio of 91.09%, signifying that a significant portion of its financial resources is directed towards fulfilling its mission rather than administrative costs.
While the organization has many strengths, it does have a few areas for improvement. Specifically, it is missing a Whistleblower Policy, which is an important aspect of organizational governance that protects individuals reporting misconduct. Addressing this gap could further enhance the trust and confidence stakeholders have in the organization’s operations.
This AI summary has been generated from information found on Charity Navigator.
Is Waterbury Symphony Orchestra Inc legitimate?
Waterbury Symphony Orchestra Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Waterbury 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $157,658
For more financial information, click here
Official website here: www.waterburysymphony.org
What is the mission statement of Waterbury Symphony Orchestra Inc?
The Waterbury Symphony Orchestra Inc's mission is centered around providing symphony concerts and educational programs within its local area and surrounding regions. The organization strives to fulfill this mission by organizing symphony performances and implementing educational initiatives. Its primary objective is to enrich the community through the power of music, fostering a shared cultural experience. The Orchestra also aims to inspire and educate the younger generation, providing them with opportunities to engage with classical music and develop an appreciation for its art form.
Official website here: www.waterburysymphony.org
Who is the CEO of Waterbury Symphony Orchestra Inc?
Nancy Kiely is the Education Chair of Waterbury Symphony Orchestra Inc.
Official website here: www.waterburysymphony.org
What is the revenue of Waterbury Symphony Orchestra Inc?
Waterbury Symphony Orchestra Inc's revenue in 2023 was $903,150.
Official website here: www.waterburysymphony.org
Who are the executives of Waterbury Symphony Orchestra Inc and what are their salaries?
The average compensation at Waterbury Symphony Orchestra Inc during 2023 was $31,532. There are 5 employees and 40 volunteers at Waterbury Symphony Orchestra Inc.
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Official website here: www.waterburysymphony.org
Where can I find the form 990 for Waterbury Symphony Orchestra Inc?
Waterbury Symphony Orchestra Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.waterburysymphony.org
Learn more at the official website: www.waterburysymphony.org
Mission Statement of Waterbury Symphony Orchestra Inc
The Waterbury Symphony Orchestra Inc, in its mission, focuses on delivering symphony concerts and educational programs within the greater Waterbury area and surrounding regions. This nonprofit organization aims to provide a platform for symphony music and educational programs, fostering an appreciation for the art form in its local community and beyond. By offering concerts and educational programs, the Waterbury Symphony Orchestra Inc seeks to engage and enrich the lives of individuals, fostering a sense of unity and cultural growth.
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Impact
July, 2024
Waterbury Symphony Orchestra Inc's impact is felt through the enchanting symphony concerts and educational programs it delivers in the greater Waterbury area and surrounding region. By providing access to high-quality musical performances and educational initiatives, the orchestra enriches the cultural landscape of the community. Through its commitment to promoting the arts, the Waterbury Symphony Orchestra actively contributes to the vibrancy and creativity of the region, making classical music accessible to diverse audiences and nurturing a love for music in future generations.
This information is meant to be a general summary of Waterbury 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 2023.
- Investment Income: $65,831
- Program Service Revenue: $177,601
- Gross Receipts: $1,082,607
Assets and Liabilities:
- Total Assets: $3,155,453
- Total Liabilities: $36,501
- Net Assets: $3,118,952
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TICKET SALES
Revenue
$177,601
Organization Details
Founding Year
1938
Phone
(203) 574-4283Principal Officer
Nancy Kiely
Main Address
500 CHASE PARKWAY 4C, WATERBURY, CT, 06708
Website
www.waterburysymphony.orgNTEE Category
Code: A69Z - Arts
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