Overview
What is American Friends Of The Israel Philharmonic Orchestra?
American Friends of the Israel Philharmonic Orchestra (AFIPO) is a nonprofit organization situated in New York City, specifically at 122 E 42nd Street Suite 4507. Its primary mission is to ensure the financial future and sustain the operations of the renowned Israel Philharmonic Orchestra. This includes supporting its music education programs and facilitating its touring activities to expand its influence globally. AFIPO aims to broaden the orchestra's reach, sharing its musical message with people around the world. The organization raises funds to achieve these objectives, contributing to the operational support and musical education programs of the Israel Philharmonic. With a modest workforce of seven individuals, AFIPO remains committed to securing the future of this prestigious orchestra.
Official website here: www.afipo.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 99% (Four-Star out of Four Stars)
The American Friends of the Israel Philharmonic Orchestra has received a high rating of 99%, indicating strong performance in accountability and finance. With a perfect score in several areas, including the majority of independent board members and the absence of material diversion of assets, the organization demonstrates a solid commitment to transparency and sound financial practices.
The nonprofit excels in ensuring governance, with all board members being independent and robust policies in place for conflict of interest and whistleblower protections. Their program expense ratio of 70.62% showcases a significant focus on their mission-driven activities, while a low liabilities to assets ratio reflects strong financial health.
However, the organization has a fundraising efficiency ratio of $0.222, which, while commendable, leaves some room for improvement compared to the highest benchmarks in the sector. Overall, the American Friends of the Israel Philharmonic Orchestra is recognized as a well-managed organization that allocates resources effectively towards its mission.
This AI summary has been generated from information found on Charity Navigator.
Is American Friends Of The Israel Philharmonic Orchestra legitimate?
American Friends Of The Israel Philharmonic Orchestra is a legitimate nonprofit organization registered as a 501(c)(3) entity. American Friends Of The Israel Philharmonic Orchestra 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: $607,605
Professional Fundraising Fees: $0
Other Salaries and Wages: $486,404
For more financial information, click here
Official website here: www.afipo.org
What is the mission statement of American Friends Of The Israel Philharmonic Orchestra?
The American Friends of the Israel Philharmonic Orchestra (AFIPO) is a non-profit organization committed to securing the financial future of the Israel Philharmonic, a renowned orchestra. AFIPO aims to expand the orchestra's reach and share its musical message globally. The funds raised by AFIPO contribute to the operational support of the orchestra and its educational programs throughout Israel. The organization's mission is to sustain the Israel Philharmonic, fostering its growth and global impact through music.
Official website here: www.afipo.org
Who is the CEO of American Friends Of The Israel Philharmonic Orchestra?
Jennifer Ritvo Hughes is the Principal Officer of American Friends Of The Israel Philharmonic Orchestra. The CEO's salary of American Friends Of The Israel Philharmonic Orchestra is $360,000 and their total compensation is $369,202.
Official website here: www.afipo.org
What is the revenue of American Friends Of The Israel Philharmonic Orchestra?
American Friends Of The Israel Philharmonic Orchestra's revenue in 2022 was $4,038,588.
Official website here: www.afipo.org
Who are the executives of American Friends Of The Israel Philharmonic Orchestra and what are their salaries?
The average compensation at American Friends Of The Israel Philharmonic Orchestra during 2022 was $156,287. There are 7 employees and 34 volunteers at American Friends Of The Israel Philharmonic Orchestra.
Here are 41 key members and their salaries (American Friends Of The Israel Philharmonic Orchestra's CEO's salary is $360,000 and their total compensation is $369,202):
- Compensation: $360,000
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- Other: $9,202
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- Other: $13,667
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Official website here: www.afipo.org
Where can I find the form 990 for American Friends Of The Israel Philharmonic Orchestra?
American Friends Of The Israel Philharmonic Orchestra's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.afipo.org
Learn more at the official website: www.afipo.org
Mission Statement of American Friends Of The Israel Philharmonic Orchestra
American Friends of the Israel Philharmonic (AFIPO) is a non-profit organization with a mission to secure the financial future of the Israel Philharmonic, a renowned orchestra. By raising funds, AFIPO aims to broaden the orchestra's reach and share its musical message worldwide. The funds collected through AFIPO's efforts are instrumental in supporting the operational expenses and musical education programs of the Israel Philharmonic within the country. The organization's ultimate goal is to ensure the continued success and global impact of this world-class orchestra.
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Impact
October, 2024
American Friends of the Israel Philharmonic Orchestra plays a vital role in sustaining the Israel Philharmonic's financial stability and enhancing its global presence. By raising funds, AFIPO supports essential operations, including music education programs that cultivate the next generation of musicians and music lovers throughout Israel. These initiatives not only ensure the orchestra's continued excellence but also broaden its reach, allowing the uplifting messages of music to resonate with diverse audiences worldwide. Furthermore, AFIPO facilitates the orchestra's touring efforts, fostering cultural exchange and appreciation for classical music on an international scale. Through these efforts, AFIPO contributes significantly to the artistic landscape and cultural dialogue between Israel and the rest of the world.
This information is meant to be a general summary of American Friends Of The Israel Philharmonic Orchestra. 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: $665,669
- Gross Receipts: $7,127,685
Assets and Liabilities:
- Total Assets: $24,227,413
- Total Liabilities: $1,574,174
- Net Assets: $22,653,239
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Organization Details
Founding Year
1972
Phone
(212) 697-2949Principal Officer
Jennifer Ritvo Hughes
Main Address
122 E 42nd Street Suite 4507, New York, NY, 10168
Website
www.afipo.orgNTEE Category
Code: A116 - Arts
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