Overview
What is Fifth House Ensemble?
Fifth House Ensemble is a distinguished nonprofit organization located in Chicago, Illinois. With a team of nine dedicated individuals, the ensemble focuses on delivering captivating chamber music performances and engaging educational programs as part of their higher education residency programs. Their mission lies in leveraging the collaborative spirit of chamber music to create thought-provoking performances, fostering partnerships with various artists, venues, and educational institutions. By performing renowned classics, undiscovered works, and new music from both established and emerging composers, they revitalize the chamber music repertoire. Moreover, Fifth House Ensemble prioritizes communicating with their audience, ensuring each performance resonates on a deeply personal level. In addition to their performances, they actively develop young audiences through curriculum-integrated educational programs, encouraging active listening. The organization strongly promotes musical innovation and entrepreneurship, further enriching the cultural landscape of their community.
Official website here: www.fifth-house.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Star rating)
Fifth House Ensemble has received a strong rating of 96%, indicating a high level of accountability and financial health. This score is derived entirely from their performance in the Accountability & Finance category, reflecting their commitment to transparency and responsible management of resources. The organization has a fully independent board, which is crucial for unbiased governance and oversight.
Strengths highlighted include a perfect score in several key areas, such as having an independent board and comprehensive financial oversight through an audit committee. Their program expense ratio of 82.23% demonstrates that the majority of their resources are allocated directly to their programs, which is a positive indicator of their mission-driven focus. Additionally, they maintain robust policies regarding conflict of interest, whistleblower protections, and document retention.
While the data supports a positive assessment, the summary does not indicate any weaknesses or areas of concern, suggesting that Fifth House Ensemble is well-managed and operates with integrity. Overall, their high rating reflects a strong commitment to ethical practices and effective program delivery.
This AI summary has been generated from information found on Charity Navigator.
Is Fifth House Ensemble legitimate?
Fifth House Ensemble is a legitimate nonprofit organization registered as a 501(c)(3) entity. Fifth House Ensemble 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: $55,246
Professional Fundraising Fees: $0
Other Salaries and Wages: $63,926
For more financial information, click here
Official website here: www.fifth-house.com
What is the mission statement of Fifth House Ensemble?
The Fifth House Ensemble's mission involves utilizing the collaborative spirit of chamber music to deliver engaging performances and interactive educational programs. They forge partnerships with diverse venues, artists, educational institutions, and audiences. The ensemble strives to perform at the highest artistic level, connecting with audiences through dramatic interpretation, creative energy, and verbal and musical communication. They aim to revitalize the chamber music repertoire, performing both classic and new compositions from renowned and emerging artists. The organization also focuses on developing young audiences through curriculum-integrated educational programs that encourage active listening. Furthermore, they promote musical innovation and entrepreneurship.
Official website here: www.fifth-house.com
Who is the CEO of Fifth House Ensemble?
Alexandra Olsavsky is the Executive Dir. of Fifth House Ensemble.
Official website here: www.fifth-house.com
What is the revenue of Fifth House Ensemble?
Fifth House Ensemble's revenue in 2021 was $681,778.
Official website here: www.fifth-house.com
Who are the executives of Fifth House Ensemble and what are their salaries?
The average compensation at Fifth House Ensemble during 2021 was $13,241. There are 9 employees and 11 volunteers at Fifth House Ensemble.
Here are 9 key members and their salaries:
- Compensation: $38,958
- Related: $0
- Other: $0
- Compensation: $16,288
- Related: $0
- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.fifth-house.com
Where can I find the form 990 for Fifth House Ensemble?
Fifth House Ensemble's most recent form 990 was submitted in 2021 and can be accessed here.
Official website here: www.fifth-house.com
Learn more at the official website: www.fifth-house.com
Mission Statement of Fifth House Ensemble
Fifth House Ensemble, a champion of chamber music, employs collaborative spirit to deliver captivating performances and interactive educational programs. Their mission is multifaceted, involving forging meaningful partnerships with a diverse range of venues, artists, educational institutions, and audiences. The ensemble achieves this mission by adhering to five core values.
Firstly, Fifth House Ensemble strives to perform at the highest artistic level, integrating connective programming, dramatic interpretation, and creative energy. This commitment results in performances that resonate on a deep, personal level with the audience.
Secondly, the ensemble fosters verbal and musical communication with their audience. Each performance serves as a unique opportunity for the audience and the ensemble to connect in thought-provoking and deeply personal ways.
Thirdly, Fifth House Ensemble is dedicated to preserving and revitalizing the chamber music repertoire. They achieve this by performing esteemed classics, lesser-known works, and new compositions from both renowned and emerging living composers.
Fourthly, the ensemble is committed to developing young audiences. They accomplish this through curriculum-integrated educational programs that encourage active listening. This approach not only exposes young audiences to chamber music but also fosters a lifelong appreciation for the art form.
Lastly, Fifth House Ensemble promotes musical innovation and entrepreneurship. They do this by showcasing new and exciting musical ideas, fostering collaboration between different disciplines, and engaging with diverse audiences.
In summary, Fifth House Ensemble's mission is to deliver exceptional chamber music performances and educational programs. They achieve this by upholding five core values: performing at the highest artistic level, fostering communication with the audience, preserving and revitalizing the chamber music repertoire, developing young audiences, and promoting musical innovation and entrepreneurship.
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Impact
July, 2024
Fifth House Ensemble's impact lies in its innovative approach to performing classical chamber music. By tapping into the collaborative spirit of chamber music, the ensemble creates engaging performances and interactive educational programs that reach a diverse audience. Through their commitment to artistic excellence, dramatic interpretation, and creative energy, Fifth House Ensemble revitalizes the chamber music repertoire by showcasing honored classics, undiscovered works, and new music from both renowned and emerging composers. Additionally, the ensemble aims to develop young audiences through educational programs that encourage active listening and promote musical innovation and entrepreneurship. Through forging meaningful partnerships and connecting with audiences in unexpected and thought-provoking ways, Fifth House Ensemble continues to make a lasting impact on the arts community.
This information is meant to be a general summary of Fifth House Ensemble. 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 2021.
- Investment Income: $15
- Program Service Revenue: $161,676
- Gross Receipts: $681,778
Assets and Liabilities:
- Total Assets: $551,496
- Total Liabilities: $29,847
- Net Assets: $521,649
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PERFORMANCE FEES
Revenue
$157,430
TUITION
Revenue
$4,246
Organization Details
Founding Year
2005
Phone
(224) 715-6455Principal Officer
Alexandra Olsavsky
Main Address
332 SOUTH MICHIGAN AVENUE 121, CHICAGO, IL, 60604
Website
www.fifth-house.comNTEE Category
Code: A6C - Arts
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