Overview
What is The National Orchestral Association Inc?
The National Orchestral Association Inc, situated in New York, New York, serves as a nonprofit organization dedicated to championing the efforts of classical musicians, composers, educators, and affiliated institutions. With a modest workforce of one individual, this association's primary objective is to empower and uplift these professionals, fostering their growth and creativity. The association's mission encompasses supporting their work, contributing positively to the classical music scene, and nurturing the development of future generations through education.
Official website here: www.nationalorchestral.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 33%, Zero-Star out of Four Star rating.
The National Orchestral Association Inc has received a low score of 33%, indicating significant concerns regarding its financial practices and transparency. The organization has an entirely independent board, which is a strength, but it lacks essential financial accountability measures, such as publicly available financial statements. This absence significantly impacts its overall rating and raises questions about its fiscal responsibility.
While the organization has implemented some policies, such as a conflict of interest policy and maintaining board meeting minutes, it is lacking in crucial areas like a whistleblower policy and document retention practices. The program expense ratio is notably low at 25.53%, suggesting that a limited portion of its resources is directed towards its primary mission, which may be a concern for potential donors and stakeholders.
Overall, the National Orchestral Association Inc has strengths in governance with its independent board, but its financial management and transparency are substantial limitations that need to be addressed for improved accountability and trust among its supporters.
This AI summary has been generated from information found on Charity Navigator.
Is The National Orchestral Association Inc legitimate?
The National Orchestral Association Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The National Orchestral Association 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: $52,450
For more financial information, click here
Official website here: www.nationalorchestral.org
What is the mission statement of The National Orchestral Association Inc?
The National Orchestral Association Inc's mission is centered around supporting the work of classical musicians, composers, and educators. This organization aims to provide assistance to various entities involved in classical music, including performers, educators, students, and educational organizations. By doing so, they contribute to the overall growth and development of classical music. The Association also extends its support to composers, fostering their creativity and innovation in the field.
Official website here: www.nationalorchestral.org
Who is the CEO of The National Orchestral Association Inc?
Matthew J Trachtenberg is the CEO of The National Orchestral Association Inc The CEO's salary of The National Orchestral Association Inc is $0 and their total compensation is $0.
Official website here: www.nationalorchestral.org
What is the revenue of The National Orchestral Association Inc?
The National Orchestral Association Inc's revenue in 2024 was $17,843.
Official website here: www.nationalorchestral.org
Who are the executives of The National Orchestral Association Inc and what are their salaries?
The average compensation at The National Orchestral Association Inc during 2024 was $52,450. There is 1 employee at The National Orchestral Association Inc.
Here are 5 key members and their salaries (The National Orchestral Association Inc's CEO's salary is $0 and their total compensation is $0):
- Compensation: $0
- Related: $0
- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.nationalorchestral.org
Where can I find the form 990 for The National Orchestral Association Inc?
The National Orchestral Association Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.nationalorchestral.org
Learn more at the official website: www.nationalorchestral.org
Mission Statement of The National Orchestral Association Inc
The National Orchestral Association Inc is committed to supporting the work of classical musicians, composers, and educators. This nonprofit organization's mission is to provide assistance to these individuals, ensuring that they can continue to create and share their art with the world. The Association extends its support to a wide range of entities, including classical musicians, composers, educators, students, and performing and educational organizations. By doing so, it contributes to the preservation and advancement of classical music. The National Orchestral Association Inc plays a vital role in fostering the growth and success of classical music, allowing its creators and advocates to thrive and inspire others with their artistry.
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Impact
July, 2024
The National Orchestral Association Inc has significantly influenced the classical music community by providing support to classical musicians, composers, educators, students, and performing and educational organizations. Through its activities, it has helped develop and sustain the next generation of talent in the classical music world, contributing to the preservation and advancement of this art form. Its impact extends beyond individual musicians and composers to the wider cultural landscape, enriching society with the beauty and depth of classical music.
This information is meant to be a general summary of The National Orchestral Association 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 2024.
- Investment Income: $21,356
- Gross Receipts: $28,323
Assets and Liabilities:
- Total Assets: $861,074
- Total Liabilities: $9,557
- Net Assets: $851,517
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Organization Details
Principal Officer
Matthew J Trachtenberg
Website
www.nationalorchestral.orgNTEE Category
Code: A69 - Arts
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