Overview
What is Classically Connected Inc?
Classically Connected Inc., previously known as the SI-YO Music Society Foundation Inc., is a not-for-profit organization based in New York City, specifically at 157 Columbus Avenue 4th Floor. Their primary mission is to foster a global community with classical music. They accomplish this by preserving, lending, and promoting education about fine stringed instruments. Classically Connected additionally presents talented musicians of all ages through performances, masterclasses, and outreach programs, aiming to engage and educate the wider community. Furthermore, they maintain a free public registry of fine instruments (SYFIR) to provide reliable and accessible information for musicians, instrument makers, investors, researchers, and other stakeholders. With a team of nine dedicated individuals, Classically Connected plays a crucial role in enriching the classical music scene.
Official website here: www.classicallyconnected.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 85% (Three-Star out of Four Star rating)
Classically Connected Inc has earned an 85% rating from Charity Navigator, reflecting strong accountability and financial health. The organization's score is based entirely on its Accountability & Finance metrics, where it achieved notable results, including full marks for having an independent board and robust financial practices.
The nonprofit demonstrates excellent governance practices, with 100% of its board members being independent and a well-documented conflict of interest policy. Its financial statements are thoroughly reviewed, and there have been no material diversions of assets, highlighting the organization’s commitment to transparency and ethical management.
However, while the program expense ratio stands at 61.47%, there is room for improvement in this area, as a higher percentage typically indicates more funds directed towards programs rather than administrative costs. Overall, Classically Connected Inc shows a solid foundation in financial accountability, but enhancing program expenditures could further strengthen its impact.
This AI summary has been generated from information found on Charity Navigator.
Is Classically Connected Inc legitimate?
Classically Connected Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Classically Connected 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: $339,423
For more financial information, click here
Official website here: www.classicallyconnected.org
What is the mission statement of Classically Connected Inc?
Classically Connected Inc, formerly known as Si-Yo Music Society Foundation Inc, is a non-profit organization with a mission to connect a global community with classical music. They achieve this by conserving, loaning, and promoting education about musical instruments. Furthermore, Classically Connected Inc presents outstanding musicians of all ages in performances, master classes, and educational and community outreach programs. The organization's mission is to foster a deeper appreciation and understanding of classical music, thereby engaging and educating a diverse audience.
Official website here: www.classicallyconnected.org
Who is the CEO of Classically Connected Inc?
Karen Neus is the Secretary And Vice President of Classically Connected Inc.
Official website here: www.classicallyconnected.org
What is the revenue of Classically Connected Inc?
Classically Connected Inc's revenue in 2022 was $616,265.
Official website here: www.classicallyconnected.org
Who are the executives of Classically Connected Inc and what are their salaries?
The average compensation at Classically Connected Inc during 2022 was $37,714. There are 9 employees and 13 volunteers at Classically Connected Inc.
Here are 8 key members and their salaries:
- Compensation: $49,194
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- Other: $0
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- Other: $0
Official website here: www.classicallyconnected.org
Where can I find the form 990 for Classically Connected Inc?
Classically Connected Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.classicallyconnected.org
Learn more at the official website: www.classicallyconnected.org
Mission Statement of Classically Connected Inc
Classically Connected Inc, formerly known as Si-Yo Music Society Foundation Inc, is a not-for-profit organization with a mission to bridge the global community through classical music. This is achieved by conserving, loaning, and promoting education about musical instruments. Additionally, Classically Connected Inc showcases exceptional musicians of all ages in performances, master classes, and various educational and community outreach programs. By doing so, the organization aims to foster a deeper connection and appreciation for classical music among a diverse audience.
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Impact
July, 2024
Classically Connected Inc, formerly known as Si-Yo Music Society Foundation, aims to connect a global community with classical music by conserving, loaning, and promoting education about instruments. They present outstanding musicians of all ages in performances, master classes, and educational and community outreach programs. Through initiatives like the Si-Yo Fine Instrument Cultural and Education Center and the Si-Yo Fine Instrument Registry, they are dedicated to the conservation, preservation, and exhibition of the world's finest stringed instruments.
Their impact can be seen in the way they facilitate connections between deserving artists and quality instruments, support worldwide musical and educational endeavors through their registry of fine instruments, and promote classical music to a diverse audience. Through their activities, Classically Connected Inc contributes to the preservation and celebration of classical music heritage while fostering talent and appreciation among musicians and audiences globally.
This information is meant to be a general summary of Classically Connected 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: $570
- Gross Receipts: $616,265
Assets and Liabilities:
- Total Assets: $132,806
- Total Liabilities: $111,093
- Net Assets: $21,713
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Organization Details
Founding Year
1966
Phone
(347) 305-0060Principal Officer
Karen Neus
Main Address
157 COLUMBUS AVENUE 4TH FLOOR, NEW YORK, NY, 100236082
Website
www.classicallyconnected.orgNTEE Category
Code: A68Z - Arts
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