Overview
What is Colored Musicians Club Of Buffalo New York Inc?
The Colored Musicians Club of Buffalo New York Inc is a nonprofit organization with a single employee located at 145 BROADWAY STREET, BUFFALO, NY, 14203. Their primary mission is to support and uplift their members by fostering their civic, social, and recreational well-being, enhancing their professional and economic status, and encouraging greater musical expression. The organization also aims to foster a deeper appreciation of music among its members and the public at large. In addition to these objectives, the Colored Musicians Club and the Colored Musicians Club (Jazz) Museum are dedicated to promoting research and preserving the history of African American music, not just in Buffalo but globally. They aim to enlighten, encourage, and educate youth about their musical heritage.
Official website here: www.cmctheclub.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 83% (Three-Star out of Four Star rating)
The Colored Musicians Club Of Buffalo New York Inc has received an overall score of 83%, indicating a solid performance in accountability and finance. This rating reflects a strong emphasis on financial health, showing that the organization has a responsible management structure, with the maximum scores awarded for having an independent board and no material diversion of assets.
Strengths include the club's high program expense ratio of 86.62%, suggesting that a substantial portion of its funds is directed towards its programs and services. Furthermore, the organization has established clear governance practices, including a conflict of interest policy and documented board meeting minutes, which contribute positively to its accountability metrics.
However, limitations exist in the areas of policy documentation. The absence of a whistleblower policy and a document retention and destruction policy resulted in zero points for those categories. Addressing these gaps could enhance the organization's governance framework and improve its overall score in the future.
This AI summary has been generated from information found on Charity Navigator.
Is Colored Musicians Club Of Buffalo New York Inc legitimate?
Colored Musicians Club Of Buffalo New York Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Colored Musicians Club Of Buffalo New York 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: $12,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.cmctheclub.com
What is the mission statement of Colored Musicians Club Of Buffalo New York Inc?
The Colored Musicians Club of Buffalo New York Inc is dedicated to promoting research and preserving the history of African American music, not just locally but globally. Their mission is to enlighten, encourage, and educate the youth about their musical heritage. Additionally, the club aims to develop and promote the civic, social, recreational, and physical well-being of its members. They strive to improve and enhance the professional and economic status of its members, motivating them to express their musical talents to a greater extent. Furthermore, the club encourages and develops a deeper appreciation of music among its members and the public at large.
Official website here: www.cmctheclub.com
Who is the CEO of Colored Musicians Club Of Buffalo New York Inc?
Danny Williams is the Ceo of Colored Musicians Club Of Buffalo New York Inc. The CEO's salary of Colored Musicians Club Of Buffalo New York Inc is $12,000 and their total compensation is $12,000.
Official website here: www.cmctheclub.com
What is the revenue of Colored Musicians Club Of Buffalo New York Inc?
Colored Musicians Club Of Buffalo New York Inc's revenue in 2022 was $561,455.
Official website here: www.cmctheclub.com
Who are the executives of Colored Musicians Club Of Buffalo New York Inc and what are their salaries?
The average compensation at Colored Musicians Club Of Buffalo New York Inc during 2022 was $12,000. There is 1 employee and 10 volunteers at Colored Musicians Club Of Buffalo New York Inc.
Here are 13 key members and their salaries (Colored Musicians Club Of Buffalo New York Inc's CEO's salary is $12,000 and their total compensation is $12,000):
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Official website here: www.cmctheclub.com
Where can I find the form 990 for Colored Musicians Club Of Buffalo New York Inc?
Colored Musicians Club Of Buffalo New York Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.cmctheclub.com
Learn more at the official website: www.cmctheclub.com
Mission Statement of Colored Musicians Club Of Buffalo New York Inc
The Colored Musicians Club of Buffalo New York Inc is committed to fostering the civic, social, recreational, and physical well-being of its members. The organization strives to enhance and improve the professional and economic status of its members, encouraging them to express themselves musically to the fullest extent. Furthermore, the Colored Musicians Club of Buffalo New York Inc aims to cultivate a deeper appreciation of music not only among its members but also among the wider public. This mission is underpinned by a dedication to promoting research and preserving the history of African American music, both locally and globally. The club aspires to enlighten, encourage, and educate the youth about their musical heritage.
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Impact
July, 2024
The Colored Musicians Club Of Buffalo New York Inc has a significant impact on promoting research and preserving the history of African American music, not only in Buffalo but globally. Through its dedication to enlightening, encouraging, and educating the youth about their musical heritage, the club plays a vital role in preserving a rich cultural legacy. Additionally, the club works to develop and promote the civic, social, recreational, and physical well-being of its members, enhancing their professional and economic status. By stimulating members to greater musical expression and fostering a fuller appreciation of music among both members and the public, the club contributes to the cultural enrichment of the community.
This information is meant to be a general summary of Colored Musicians Club Of Buffalo New York 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: $98
- Gross Receipts: $561,850
Assets and Liabilities:
- Total Assets: $1,509,451
- Total Liabilities: $135,663
- Net Assets: $1,373,788
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Organization Details
Founding Year
1935
Phone
(716) 885-9383Principal Officer
Danny Williams
Main Address
145 BROADWAY STREET, BUFFALO, NY, 14203
Website
www.cmctheclub.comNTEE Category
Code: A80 - Arts
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