Overview
What is Concert Artists Guild Inc?
Concert Artists Guild Inc, situated in New York City, is a dedicated nonprofit organization focusing on the growth and success of emerging musicians. By offering leadership workshops, organizing a New York-based concert series, and securing engagements nationwide, CAG aims to foster the careers of its 19 roster artists. In the recent fiscal year, these musicians delivered over 300 performances and educational events across the United States. This year, CAG introduced its first career-enhancing workshop program for its artists, with plans to expand it annually. Additionally, CAG collaborated with commercial agencies to sign several artists, furthering its mission to support young musicians in establishing a successful music career. [Word count: 117]
What are the reviews and ratings of this charity?
94% rating from Charity Navigator indicates that Concert Artists Guild Inc is performing exceptionally well in terms of accountability and finance. With a Four-Star out of Four Star rating, the organization demonstrates strong financial health, evidenced by a low liabilities-to-assets ratio and a high program expense ratio, which suggests that a significant portion of funds is directed toward fulfilling its mission.
The organization also excels in governance, boasting a fully independent board and comprehensive policies related to conflict of interest, whistleblowing, and document retention. Their commitment to transparency is further highlighted by the availability of board meeting minutes, fostering trust among stakeholders. Additionally, the charity has received perfect scores in constituent feedback and its effective practices, showcasing its dedication to listening and responding to the needs of those it serves.
However, some areas for improvement could be noted in the equity strategies and data collection, where the scores suggest there's room for enhancement. While the organization is making strides in promoting equity, achieving better data collection and policy processes may further strengthen their impact and outreach. Overall, Concert Artists Guild Inc is a robust organization with strong ratings across multiple evaluation criteria.
This AI summary has been generated from information found on Charity Navigator.
Is Concert Artists Guild Inc legitimate?
Concert Artists Guild Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Concert Artists Guild 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: $120,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $296,452
For more financial information, click here
What is the mission statement of Concert Artists Guild Inc?
Concert Artists Guild Inc's mission is centered around identifying, fostering, and promoting the careers of young musicians. They achieve this by providing leadership workshops, organizing concerts in New York, and arranging performances across the country. The organization currently supports 19 artists, who collectively perform at over 300 events annually. In addition, Concert Artists Guild recently initiated a career development program for its artists, aiming to expand this endeavor each year. Furthermore, the organization successfully secured contracts with commercial agencies for several artists in the previous fiscal year, contributing to their mission of helping young musicians establish successful music careers.
Who is the CEO of Concert Artists Guild Inc?
Tanya Bannister is the President of Concert Artists Guild Inc.
What is the revenue of Concert Artists Guild Inc?
Concert Artists Guild Inc's revenue in 2022 was $2,028,537.
Who are the executives of Concert Artists Guild Inc and what are their salaries?
The average compensation at Concert Artists Guild Inc during 2022 was $59,493. There are 7 employees at Concert Artists Guild Inc.
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Where can I find the form 990 for Concert Artists Guild Inc?
Concert Artists Guild Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Concert Artists Guild Inc
Concert Artists Guild, a renowned organization, is dedicated to identifying, fostering, and showcasing the talents of young musicians. Its primary objective is to aid these emerging artists in establishing enduring careers in the music industry. The guild accomplishes this mission through various means, such as organizing leadership workshops, presenting a concert series in New York, and securing performance engagements across the United States. In the fiscal year 2022 alone, Concert Artists Guild supported 19 artists who delivered over 300 performances and educational events nationwide.
To further its mission, Concert Artists Guild introduced its first leadership initiative this year, offering career-enhancing workshops for its roster artists. The organization plans to expand this program each year, providing valuable resources and opportunities for personal and professional growth. Moreover, Concert Artists Guild has been successful in securing commercial representation for several artists in FY22, marking a significant step in their journey towards a successful career in music. By nurturing and promoting young musicians, Concert Artists Guild plays a crucial role in enriching the musical landscape and ensuring that fresh voices and talents continue to resonate in the world of music.
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Impact
July, 2024
Concert Artists Guild Inc's impact is evident in its dedication to discovering, nurturing, and promoting young musicians to help them build sustainable careers. By providing leadership workshops, a New York-based concert series, and booking engagements across the country, Concert Artists Guild is actively supporting emerging artists in their professional development. In the fiscal year 2022 alone, the organization's roster of 19 artists delivered over 300 performances and educational events throughout the United States. Furthermore, Concert Artists Guild launched a leadership initiative to enhance the careers of its roster artists, demonstrating its commitment to fostering long-term success in the music industry. Additionally, by facilitating partnerships with commercial agencies, Concert Artists Guild is helping young musicians kickstart their careers in music.
This information is meant to be a general summary of Concert Artists Guild 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: $116
- Program Service Revenue: $1,406,395
- Gross Receipts: $2,078,438
Assets and Liabilities:
- Total Assets: $657,921
- Total Liabilities: $102,861
- Net Assets: $555,060
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Artist Fees
Revenue
$1,164,183
Commissions on Artists
Revenue
$217,498
Competition Fees
Revenue
$20,735
Ticket Sales
Revenue
$3,979
Organization Details
Founding Year
1951
Phone
(212) 333-5200Principal Officer
Tanya Bannister
Main Address
12 East 49th St 11th Floor, New York, NY, 10017
NTEE Category
Code: A68C - Arts
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