Overview
What is Red Bank Chamber Music Society Inc?
Red Bank Chamber Music Society Inc is a nonprofit organization situated in Red Bank, New Jersey. Their primary mission is to share the joy of chamber music with a wide audience, offering free high-quality performances. They achieve this through a series of classical chamber music concerts in their local area. The society aims to make this enchanting musical experience accessible to individuals from various backgrounds, fostering a sense of enjoyment and discovery.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star rating, Overall Score: 73%)
The Red Bank Chamber Music Society Inc has received a two-star rating from Charity Navigator, indicating a need for improvement in certain areas. With an overall score of 73%, the organization demonstrates strengths in aspects such as having an independent board and effective management of program expenses, boasting a program expense ratio of 92.87%. They also have a solid liabilities to assets ratio of 0.00%, reflecting good financial health.
However, the organization faces significant limitations, as it lacks essential policies like a conflict of interest policy and a whistleblower policy, both of which are important for organizational transparency and accountability. Additionally, the absence of a publicly available tax form on their website further detracts from their accountability score, which is currently at 73. Overall, while the Red Bank Chamber Music Society Inc shows promise in managing its finances, there are critical governance practices that require attention for improvement.
This AI summary has been generated from information found on Charity Navigator.
Is Red Bank Chamber Music Society Inc legitimate?
Red Bank Chamber Music Society Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Red Bank Chamber Music Society Inc submitted a form 990EZ, 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.
What is the mission statement of Red Bank Chamber Music Society Inc?
The Red Bank Chamber Music Society Inc's mission is centered around presenting high-caliber chamber music concerts to the public, free of charge. Their goal is to inspire individuals from all backgrounds to explore and appreciate this musical genre. Their activities involve organizing a series of classical chamber music concerts in various settings. The society aims to make this delightful musical experience accessible to a wide audience, thereby promoting a deeper appreciation for chamber music.
Who is the CEO of Red Bank Chamber Music Society Inc?
Christopher Foard is the President of Red Bank Chamber Music Society Inc.
What is the revenue of Red Bank Chamber Music Society Inc?
Red Bank Chamber Music Society Inc's revenue in 2023 was $43,734.
Who are the executives of Red Bank Chamber Music Society Inc and what are their salaries?
Here are 6 key members and their salaries:
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Where can I find the form 990EZ for Red Bank Chamber Music Society Inc?
Red Bank Chamber Music Society Inc's most recent form 990EZ was submitted in 2023 and can be accessed here.
Mission Statement of Red Bank Chamber Music Society Inc
The Red Bank Chamber Music Society Inc, as a distinguished organization, is committed to presenting high-level professional chamber music concerts at no cost to the audience. Their mission is to inspire people from all walks of life to explore and appreciate this enchanting musical experience. They achieve this through a series of classical chamber music concerts held in the Red Bank, NJ area. The Society aims to make this delightful form of music accessible to everyone, breaking down any financial barriers that might otherwise prevent people from experiencing it.
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Impact
August, 2024
Red Bank Chamber Music Society Inc's impact lies in its provision of high-level professional chamber music concerts at no cost to audience members. By offering these concerts, they strive to encourage people of all circumstances to discover and enjoy the delightful experience of classical chamber music. Through their series of concerts in the Red Bank, NJ area, the society aims to enrich the cultural life of the community and promote appreciation for the arts.
This information is meant to be a general summary of Red Bank Chamber Music Society 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 2023.
- Investment Income: $31
- Gross Receipts: $43,734
Assets and Liabilities:
- Total Assets: $98,714
- Total Liabilities: $0
- Net Assets: $98,714
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Organization Details
Phone
(732) 245-0248Principal Officer
Christopher Foard
Main Address
PO BOX 772, RED BANK, NJ, 07701
NTEE Category
Code: A6C - Arts
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