Overview
What is Binghamton Philharmonic Inc?
Binghamton Philharmonic Inc, a nonprofit organization situated in Binghamton, New York, is renowned for its commitment to live music performances. With a team of 111 dedicated individuals, they specialize in presenting classical and pops orchestral concerts to the community. Their mission is to foster a sense of unity within their region by providing access to live music performed by exceptional artists. The Philharmonic's core activity generates both revenue and expenses primarily associated with these musical performances, emphasizing their dedication to this art form. The organization's lower level office is located at 71 State Street in Binghamton.
Official website here: www.binghamtonphilharmonic.org
What are the reviews and ratings of this charity?
78% - This charity's score is 78%, earning it a Three-Star out of Four Star rating. The rating reflects solid performance in areas such as accountability and finance, indicating good governance practices. The organization boasts a fully independent board and has no issues with material diversion of assets, showcasing transparency and responsible financial management.
Strengths of the Binghamton Philharmonic include its high scores in various governance categories, such as having a conflict of interest policy and a whistleblower policy in place. With a program expense ratio of 67.31%, a significant portion of its funds is directed towards its mission, contributing positively to its community and cultural initiatives.
However, while the organization demonstrates strong management and compliance practices, there may still be areas for improvement in its program expense ratio, which could be enhanced further to maximize its impact. Overall, the Binghamton Philharmonic Inc shows promise as a well-managed nonprofit with a commitment to community engagement and equity strategies.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Binghamton Philharmonic Inc?
96% of 24 reviewers on Facebook recommend Binghamton Philharmonic Inc. Here is a summary of their reviews:
Many users express a deep appreciation for the Binghamton Philharmonic, highlighting their performances as a cherished family tradition. The enthusiasm for the events is palpable, with comments emphasizing the importance of attending a performance whether one is a local or a visitor. The organization's ability to create memorable musical experiences resonates strongly within the community.
Overall, community members feel a strong connection to the Binghamton Philharmonic, indicating that it successfully delivers enjoyable and impactful performances that enhance the cultural fabric of the area. The positive sentiment reflects the nonprofit's dedication to its mission and the joy it brings to its audience.
This AI summary has been generated from reviews found on Facebook.
Is Binghamton Philharmonic Inc legitimate?
Binghamton Philharmonic Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Binghamton Philharmonic 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: $65,839
Professional Fundraising Fees: $0
Other Salaries and Wages: $351,807
For more financial information, click here
Official website here: www.binghamtonphilharmonic.org
What is the mission statement of Binghamton Philharmonic Inc?
The Binghamton Philharmonic Inc, as a professional symphony orchestra, is committed to its mission of fostering community cohesion through the enchanting power of live music performances. By showcasing the talents of distinguished artists, they make classical and pops orchestral concerts readily available to a wide audience. Their primary objective is to make great music accessible to everyone, thereby promoting unity and shared experiences through the universal language of music.
Official website here: www.binghamtonphilharmonic.org
Who is the CEO of Binghamton Philharmonic Inc?
Mary O'Malley Trumble is the Executive Dir. of Binghamton Philharmonic Inc.
Official website here: www.binghamtonphilharmonic.org
What is the revenue of Binghamton Philharmonic Inc?
Binghamton Philharmonic Inc's revenue in 2022 was $916,670.
Official website here: www.binghamtonphilharmonic.org
Who are the executives of Binghamton Philharmonic Inc and what are their salaries?
The average compensation at Binghamton Philharmonic Inc during 2022 was $3,763. There are 111 employees and 91 volunteers at Binghamton Philharmonic Inc.
Here are 18 key members and their salaries:
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Official website here: www.binghamtonphilharmonic.org
Where can I find the form 990 for Binghamton Philharmonic Inc?
Binghamton Philharmonic Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.binghamtonphilharmonic.org
Learn more at the official website: www.binghamtonphilharmonic.org
Mission Statement of Binghamton Philharmonic Inc
The Binghamton Philharmonic, a distinguished professional symphony orchestra, is committed to a mission that goes beyond merely providing live classical music performances. Their primary objective is to build a sense of community through the captivating power of live music. By showcasing the talents of renowned artists, the Philharmonic strives to make this enriching art form accessible to all, thereby fostering a shared experience that transcends individual boundaries. This mission is exemplified in their classical and pops orchestral concerts, which engage and captivate audiences. The Binghamton Philharmonic's mission is not just about entertaining the public, but also about creating a sense of unity and connection through the universal language of music.
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Impact
October, 2024
The Binghamton Philharmonic Inc plays a significant role in enriching the cultural landscape of Binghamton, NY, by providing high-quality live classical music performances. By hosting both classical and pops orchestral concerts, the Philharmonic makes great music accessible to a diverse audience, fostering a love for the arts within the community.
The organization is dedicated to building community connections through music, creating opportunities for residents to engage with talented artists and experience the transformative power of live performances. Through its activities, the Binghamton Philharmonic not only enhances the cultural offerings of the region but also supports local economic growth by attracting audiences and stimulating interest in the arts. The impact of the Philharmonic extends beyond entertainment; it serves as a vital hub for community engagement, education, and appreciation of the arts.
This information is meant to be a general summary of Binghamton Philharmonic 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: -$74
- Program Service Revenue: $213,368
- Gross Receipts: $1,025,902
Assets and Liabilities:
- Total Assets: $541,990
- Total Liabilities: $89,723
- Net Assets: $452,267
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Sponsorships/Advertising
Revenue
$101,383
Ticket Sales
Revenue
$111,985
Organization Details
Founding Year
1975
Phone
(607) 722-6717Principal Officer
Mary O'Malley Trumble
Main Address
71 State Street Lower Level, Binghamton, NY, 13901
NTEE Category
Code: A690 - Arts
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