Overview
What is The Symphony Space Inc?
The Symphony Space Inc, located in New York City, New York, is a vibrant performing arts center that fosters connections between artists, ideas, and the community. With a mission to promote literacy and education through the arts, they present a diverse range of literary programs, featuring both classic and contemporary works by established and emerging authors. Their popular Selected Shorts Literary Series, which features great stories performed by talented actors, has garnered a wide following, with over 200,000 weekly radio listeners and more than 55,000 weekly podcast downloads. The Thalia Book Club offers events where readers and writers revisit cherished classics and explore new works, featuring author interviews, live performances, and audience interactions. The organization, with a team of 106 dedicated individuals, reopened its physical theaters after 19 months of virtual-only programming, gradually increasing its line-up of shows.
Official website here: www.symphonyspace.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 100% (Four-Star out of Four Star rating)
The Symphony Space Inc has achieved a remarkable Four-Star rating from Charity Navigator, reflecting its excellent accountability and financial management practices. A perfect score in various categories indicates a commitment to transparency, with 100% of its board members being independent, thus ensuring unbiased oversight of the organization’s operations. The charity's effective use of resources is demonstrated by a program expense ratio of 82.19%, suggesting that a significant portion of its expenses directly supports its mission.
Furthermore, the organization has implemented robust policies, including conflict of interest and whistleblower protections, which contribute to its strong governance framework. The presence of an Audit and Oversight Committee, along with a low liabilities-to-assets ratio of 6.19%, illustrates effective financial health and risk management. These factors collectively underscore the organization’s reliability in managing donor funds and delivering on its objectives.
While the data presents a highly favorable view of The Symphony Space Inc, it is important for potential donors to consider any feedback from the community regarding its programs and impact. Nonetheless, the charity's solid financial practices and transparent governance are significant strengths that enhance its reputation in the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is The Symphony Space Inc legitimate?
The Symphony Space Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Symphony Space 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: $372,523
Professional Fundraising Fees: $33,000
Other Salaries and Wages: $2,893,165
For more financial information, click here
Official website here: www.symphonyspace.org
What is the mission statement of The Symphony Space Inc?
The Symphony Space Inc operates as a multi-disciplinary performing arts center, dedicated to bringing artists and audiences together in a welcoming environment. Their mission is to establish meaningful connections between art, ideas, and the community through their programs. Symphony Space's commitment extends beyond their New York City stages, reaching audiences nationally through broadcasts and tours, and impacting communities across the country through education initiatives. Their programs and dedication to literacy and education through the arts aim to promote access to the arts for everyone.
Official website here: www.symphonyspace.org
What is the revenue of The Symphony Space Inc?
The Symphony Space Inc's revenue in 2023 was $5,510,040.
Official website here: www.symphonyspace.org
Who are the executives of The Symphony Space Inc and what are their salaries?
The average compensation at The Symphony Space Inc during 2023 was $23,326. There are 140 employees and 25 volunteers at The Symphony Space Inc.
Here are 30 key members and their salaries:
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Official website here: www.symphonyspace.org
Where can I find the form 990 for The Symphony Space Inc?
The Symphony Space Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.symphonyspace.org
Learn more at the official website: www.symphonyspace.org
Mission Statement of The Symphony Space Inc
The Symphony Space Inc, as a multi-disciplinary performing arts center, is dedicated to fostering meaningful connections between artists and audiences. Their mission is twofold. Firstly, they present bold programming in a welcoming environment, aiming to create lasting impressions. Secondly, they are committed to promoting literacy and education through the arts. This commitment extends beyond their New York City stages, reaching audiences nationwide through broadcasts and tours, and impacting communities through their educational programs. In essence, Symphony Space Inc strives to make the arts accessible to all, forging relationships between art, ideas, and communities.
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Impact
August, 2024
The Symphony Space Inc's impact can be seen through its bold programming and commitment to forging indelible relationships between artists and audiences. By presenting culturally diverse literary programs featuring classic and contemporary works, Symphony Space has influenced generations of readers through live performances in New York City and across the country. Through initiatives like the Selected Shorts literary series and the Thalia Book Club, Symphony Space connects art, ideas, and community, fostering access to the arts for all. With a mission to connect art, ideas, and community, Symphony Space plays a crucial role in promoting literacy and education through the arts.
This information is meant to be a general summary of The Symphony Space 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: $319,798
- Program Service Revenue: $2,241,555
- Gross Receipts: $6,898,326
Assets and Liabilities:
- Total Assets: $21,662,238
- Total Liabilities: $949,833
- Net Assets: $20,712,405
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TICKET SALES AND PERFORMANCE FEES
Revenue
$1,083,023
RENTAL INCOME
Revenue
$958,731
HANDLING CHARGES
Revenue
$198,801
ADVERTISING INCOME
Revenue
$1,000
Organization Details
Founding Year
1978
Principal Officer
Kathy Landau
Website
www.symphonyspace.orgNTEE Category
Code: A61 - Arts
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