Overview
What is Buffalo Chamber Music Foundation?
The Buffalo Chamber Music Foundation serves as a catalyst for the endeavors of the Buffalo Chamber Music Society Inc., an organization that annually shares chamber music performances with the public. This nonprofit foundation's primary role involves supporting the activities of the Buffalo Chamber Music Society, thereby contributing to the cultural enrichment of their community through these musical events.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 50%, One-Star out of Four Stars
The Buffalo Chamber Music Foundation has received a rating of 50%, resulting in a One-Star designation from Charity Navigator. This rating reflects significant concerns in accountability and financial management, with notably no independent board members, which raises questions about governance and oversight. The foundation has demonstrated a strong program expense ratio of 78.59%, indicating that a substantial portion of its funds is directed towards its programs.
However, the organization has several weaknesses that influence its overall score. Key policies, such as conflict of interest, whistleblower, and document retention policies, are missing, which limits transparency and could impact stakeholder trust. Furthermore, the absence of board meeting minutes and the nonprofit's tax form on its website further contribute to concerns about accountability.
Despite these issues, the foundation shows no material diversion of assets, indicating that funds are being utilized for their intended purposes. Moving forward, addressing the highlighted gaps in governance and policy implementation could enhance its accountability and improve its standing with potential donors and the community.
This AI summary has been generated from information found on Charity Navigator.
Is Buffalo Chamber Music Foundation legitimate?
Buffalo Chamber Music Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Buffalo Chamber Music Foundation 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: $0
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What is the mission statement of Buffalo Chamber Music Foundation?
The Buffalo Chamber Music Foundation serves to promote and facilitate the activities of the Buffalo Chamber Music Society Inc. Their primary objective is to organize and present annual chamber music recitals for the public. By doing so, they contribute to the cultivation and appreciation of chamber music within their community. The foundation's role is essential in ensuring these musical events continue to enrich the lives of music enthusiasts.
What is the revenue of Buffalo Chamber Music Foundation?
Buffalo Chamber Music Foundation's revenue in 2024 was $134,483.
Who are the executives of Buffalo Chamber Music Foundation and what are their salaries?
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Buffalo Chamber Music Foundation?
Buffalo Chamber Music Foundation's most recent form 990 was submitted in 2024 and can be accessed here.
Mission Statement of Buffalo Chamber Music Foundation
The Buffalo Chamber Music Foundation serves a crucial role in supporting the activities of Buffalo Chamber Music Society Inc. This nonprofit organization's mission is to facilitate the presentation of annual chamber music recitals to the public by the Buffalo Chamber Music Society. By doing so, the Buffalo Chamber Music Foundation contributes to the enrichment of the local cultural scene, providing the community with opportunities to enjoy chamber music performances. The foundation's role is instrumental in ensuring the continuity and success of these events, thereby contributing to the appreciation and promotion of chamber music.
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Impact
August, 2024
Buffalo Chamber Music Foundation's impact can be seen in the vibrant cultural scene of Buffalo, NY. By supporting the Buffalo Chamber Music Society, the foundation plays a crucial role in bringing high-quality chamber music recitals to the public annually. Through these performances, the foundation enriches the community by providing access to world-class chamber music, fostering a love for the arts, and showcasing the talents of musicians. This impact extends beyond entertainment, as it contributes to the cultural and artistic growth of the city, making Buffalo a more dynamic and culturally rich place to live and visit.
This information is meant to be a general summary of Buffalo Chamber Music Foundation. 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: $89,995
- Gross Receipts: $150,799
Assets and Liabilities:
- Total Assets: $759,584
- Total Liabilities: $0
- Net Assets: $759,584
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Organization Details
Principal Officer
Ansie Baird
NTEE Category
Code: A68Z - Arts
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