Overview
What is Iris Orchestra Inc?
Iris Orchestra Inc, located in Germantown, Tennessee, is a dedicated nonprofit organization that serves both the arts and educational sectors. Their primary mission is to uphold the highest standard of music excellence within the community. They achieve this by performing a diverse range of programs, promoting arts and music, and building awareness of the unique qualities of the Iris Orchestra. The nonprofit aims to secure funding to ensure the orchestra's accessibility to the community and supports the creation of new music. They also preserve the tradition of excellence in their performances, expand opportunities to showcase the orchestra, and provide educational programs to enhance classical music appreciation. Iris Orchestra Inc, with a team of 8 dedicated individuals, is committed to advancing the appreciation and accessibility of quality music within their community.
Official website here: www.irisorchestra.org
What are the reviews and ratings of this charity?
90% rating from Charity Navigator indicates that Iris Orchestra Inc has achieved a Four-Star out of Four Star rating, reflecting strong performance in accountability and finance. The organization scored particularly well in areas such as independent board governance, financial oversight, and a low liabilities to assets ratio, highlighting its commitment to transparency and responsible management of resources.
The charity's program expense ratio of 69.40% suggests that a significant portion of its budget is directed towards its programs rather than administrative costs, which is a positive indicator of its operational efficiency. Additionally, it has established comprehensive policies, including conflict of interest and whistleblower policies, which further reinforce its integrity and ethical standards.
However, the organization scored lower in the Culture & Community category with an 85% rating. While this still denotes a solid commitment to equity strategies, there may be opportunities for improvement in fostering community engagement or inclusivity. Overall, Iris Orchestra Inc demonstrates a strong commitment to accountability and financial responsibility, making it a reliable choice for donors.
This AI summary has been generated from information found on Charity Navigator.
Is Iris Orchestra Inc legitimate?
Iris Orchestra Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Iris Orchestra 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: $98,165
Professional Fundraising Fees: $0
Other Salaries and Wages: $126,297
For more financial information, click here
Official website here: www.irisorchestra.org
What is the mission statement of Iris Orchestra Inc?
The mission of Iris Orchestra Inc is centered around establishing and maintaining a strong community connection with both arts and education related to music excellence. They perform a wide variety of programs, aiming to promote music and arts. The organization works towards building awareness of its uniqueness and securing funding to ensure community access to the orchestra. It also supports new music and preserves the tradition of excellence in its performances. Iris Orchestra Inc strives to expand opportunities for showcasing the orchestra and provides educational programs to enhance classical music appreciation in all its ventures.
Official website here: www.irisorchestra.org
Who is the CEO of Iris Orchestra Inc?
James Adams is the Director of Iris Orchestra Inc.
Official website here: www.irisorchestra.org
What is the revenue of Iris Orchestra Inc?
Iris Orchestra Inc's revenue in 2022 was $995,626.
Official website here: www.irisorchestra.org
Who are the executives of Iris Orchestra Inc and what are their salaries?
The average compensation at Iris Orchestra Inc during 2022 was $28,058. There are 8 employees at Iris Orchestra Inc.
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- Compensation: $80,710
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- Other: $22,414
Official website here: www.irisorchestra.org
Where can I find the form 990 for Iris Orchestra Inc?
Iris Orchestra Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.irisorchestra.org
Learn more at the official website: www.irisorchestra.org
Mission Statement of Iris Orchestra Inc
Iris Orchestra Inc, a renowned organization, is dedicated to establishing and maintaining a strong connection between the community and high-quality music excellence. Their mission is multifaceted, encompassing the performance of a wide array of diverse programs, promoting arts and music, and building awareness of the unique qualities of the Iris Orchestra. The primary objective is to secure funding and ensure community access to the orchestra.
In addition to this, Iris Orchestra Inc supports new music and preserves the tradition of excellence in its performances. They strive to expand opportunities to showcase the orchestra, providing a platform for its exceptional talent. Moreover, the organization is committed to providing educational programs and enhancing classical music appreciation in all its ventures. This mission aims to engage the community with the world of music, fostering a deeper appreciation and love for the art form.
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Impact
October, 2024
Iris Orchestra Inc. significantly enhances the cultural landscape of Germantown, TN by providing high-quality music programs that promote artistic excellence and educational opportunities. Its commitment to performing a wide range of diverse programs allows the community to experience and appreciate various musical styles, fostering a greater love for the arts.
The orchestra's efforts to build awareness of its unique offerings not only secure essential funding but also encourage community involvement and access to the arts. By supporting new music and preserving a tradition of excellence in its performances, Iris Orchestra Inc. becomes a vital platform for both emerging and established artists.
Moreover, the organization plays a crucial role in expanding opportunities for musical showcases, enriching the local cultural fabric, and enhancing classical music appreciation through educational programs. This comprehensive approach not only benefits the immediate community but also contributes to the broader arts ecosystem, ensuring a lasting impact on future generations.
This information is meant to be a general summary of Iris Orchestra 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: $138
- Program Service Revenue: $166,762
- Gross Receipts: $995,626
Assets and Liabilities:
- Total Assets: $372,119
- Total Liabilities: $4,130
- Net Assets: $367,989
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CONCERT INCOME
Revenue
$133,682
EDUCATIONAL CLASSES
Revenue
$21,880
PROGRAM ADVERTISING
Revenue
$11,200
Organization Details
Founding Year
2006
Phone
(901) 746-9948Principal Officer
James Adams
Main Address
P O BOX 38407, GERMANTOWN, TN, 38183
Website
www.irisorchestra.orgNTEE Category
Code: A69 - Arts
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