Overview
What is Tacoma Youth Symphony Association?
Tacoma Youth Symphony Association, based in Tacoma, Washington, is a nonprofit organization situated at 901 Broadway Suite 500. Their primary focus is on providing music education and performance opportunities for youth aged between 6 and 21. As a non-profit corporation, it offers a student symphony orchestra program that serves as an avenue for young musicians to hone their skills and showcase their talents. The association, with a workforce of 14 individuals, plays an essential role in nurturing the musical talents of the future generation.
Official website here: www.tysamusic.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73% (Two-Star out of Four Star rating)
The Tacoma Youth Symphony Association has received a 73% rating from Charity Navigator, which classifies it as a Two-Star organization. This score reflects a moderate level of accountability and financial health, with notable strengths in board independence and program expense ratio. The organization has achieved a perfect score in having 100% independent board members and a strong program expense ratio of 71.5%, indicating a commitment to its mission and programmatic activities.
However, the organization has several areas of concern noted in the financial assessment. The absence of financial statements and required policies such as a whistleblower and document retention policy has contributed to a lower accountability score. Additionally, the lack of transparency is highlighted by missing tax documents on the nonprofit's website, which may affect stakeholder trust and confidence.
Overall, while Tacoma Youth Symphony Association demonstrates effective governance through its independent board structure and strong program expense allocation, it faces challenges in financial transparency and policy adherence that could impact its overall standing and operational integrity within the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is Tacoma Youth Symphony Association legitimate?
Tacoma Youth Symphony Association is a legitimate nonprofit organization registered as a 501(c)(3) entity. Tacoma Youth Symphony Association 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: $96,525
Professional Fundraising Fees: $0
Other Salaries and Wages: $170,684
For more financial information, click here
Official website here: www.tysamusic.org
What is the mission statement of Tacoma Youth Symphony Association?
The Tacoma Youth Symphony Association is a non-profit organization that serves as a platform for music education and performance opportunities for youths aged between 6 and 21. Its mission is to provide an environment where these young musicians can develop their skills and showcase their talent. By operating a student symphony orchestra, the association offers a comprehensive program that fosters musical growth and performance experience for the youth in its age range.
Official website here: www.tysamusic.org
Who is the CEO of Tacoma Youth Symphony Association?
Anna Jensen is the President of Tacoma Youth Symphony Association.
Official website here: www.tysamusic.org
What is the revenue of Tacoma Youth Symphony Association?
Tacoma Youth Symphony Association's revenue in 2023 was $1,017,529.
Official website here: www.tysamusic.org
Who are the executives of Tacoma Youth Symphony Association and what are their salaries?
The average compensation at Tacoma Youth Symphony Association during 2023 was $19,086. There are 14 employees at Tacoma Youth Symphony Association.
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Official website here: www.tysamusic.org
Where can I find the form 990 for Tacoma Youth Symphony Association?
Tacoma Youth Symphony Association's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.tysamusic.org
Learn more at the official website: www.tysamusic.org
Mission Statement of Tacoma Youth Symphony Association
The Tacoma Youth Symphony Association, a non-profit organization, is committed to providing music education and performance opportunities for youths ranging from age six to twenty-one. Through its mission, this association aims to foster the development of young musicians, offering them a platform to showcase their talents and grow in their musical abilities. The organization operates a student symphony orchestra, providing a unique service activity that allows these youths to hone their musical skills and collaborate with their peers in a nurturing environment. The Tacoma Youth Symphony Association's mission is essential in nurturing the next generation of musicians, equipping them with the necessary tools and experiences to excel in their musical journeys.
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Impact
October, 2024
The Tacoma Youth Symphony Association enriches the lives of young musicians in the region by providing essential music education and performance opportunities for those aged 6 to 21. Through its student symphony orchestra, it fosters a supportive environment where youth can develop their musical talents, build confidence, and cultivate teamwork skills. The association not only enhances individual artistry but also contributes to the broader cultural landscape of Tacoma by nurturing the next generation of musicians and encouraging a lifelong appreciation for the arts. By empowering young people to perform together, it creates a sense of community and shared purpose, helping to shape well-rounded individuals who can thrive both in music and in their future endeavors.
This information is meant to be a general summary of Tacoma Youth Symphony Association. 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: $9
- Program Service Revenue: $615,779
- Gross Receipts: $1,031,932
Assets and Liabilities:
- Total Assets: $812,267
- Total Liabilities: $0
- Net Assets: $812,267
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PERFORMANCE INCOME
Revenue
$615,779
Organization Details
Founding Year
1963
Phone
(253) 627-2792Principal Officer
Anna Jensen
Main Address
901 BROADWAY SUITE 500, TACOMA, WA, 98402
Website
www.tysamusic.orgNTEE Category
Code: A69Z - Arts
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