Overview
What is Palm Springs Friends Of Philharmonic?
Palm Springs Friends of Philharmonic is a nonprofit organization based in Palm Desert, California. Their primary mission is to bring classical music to the local community while also contributing to charitable causes and offering scholarships. They cover the expenses associated with concert production, such as venue rentals, performer fees, advertisements, and related concert costs. This organization aims to enrich the cultural landscape of the area and support deserving individuals through educational awards.
Official website here: www.psfp.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96%, Four-Star out of Four Star rating.
Palm Springs Friends Of Philharmonic has achieved an impressive score of 96%, reflecting a strong commitment to accountability and financial health. The charity’s overall rating is derived entirely from its accountability and finance beacon, which indicates a focus on transparent and responsible operations. The 100% score for independent board members signifies a robust governance structure, essential for instilling trust among donors.
Strengths of the organization include a high program expense ratio of 96.13%, demonstrating that the majority of its funds are directed towards its programs rather than administrative costs. Additionally, the organization has received full marks in various categories, including financial audits and policies related to conflict of interest and whistleblower protections. This level of transparency is a significant asset for building credibility with stakeholders.
There are no noted limitations in the provided data, highlighting Palm Springs Friends Of Philharmonic's effective management and operational practices. Overall, the organization appears to be well-positioned to continue its mission, backed by strong financial practices and governance.
This AI summary has been generated from information found on Charity Navigator.
Is Palm Springs Friends Of Philharmonic legitimate?
Palm Springs Friends Of Philharmonic is a legitimate nonprofit organization registered as a 501(c)(3) entity. Palm Springs Friends Of Philharmonic 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: $0
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Other Salaries and Wages: $153,240
For more financial information, click here
Official website here: www.psfp.org
What is the mission statement of Palm Springs Friends Of Philharmonic?
The Palm Springs Friends of Philharmonic's mission is centered around providing classical music to the community while also contributing to charitable causes. They aim to raise funds for these purposes, benefiting the public and offering individual scholarship awards. Their activities directly cover concert costs, including hall rentals, performer fees, program production, advertising, and expenses related to each concert event.
Official website here: www.psfp.org
Who is the CEO of Palm Springs Friends Of Philharmonic?
Ken Turner is the Treasurer of Palm Springs Friends Of Philharmonic.
Official website here: www.psfp.org
What is the revenue of Palm Springs Friends Of Philharmonic?
Palm Springs Friends Of Philharmonic's revenue in 2023 was $1,374,866.
Official website here: www.psfp.org
Who are the executives of Palm Springs Friends Of Philharmonic and what are their salaries?
Here are 18 key members and their salaries:
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Official website here: www.psfp.org
Where can I find the form 990 for Palm Springs Friends Of Philharmonic?
Palm Springs Friends Of Philharmonic's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.psfp.org
Learn more at the official website: www.psfp.org
Mission Statement of Palm Springs Friends Of Philharmonic
Palm Springs Friends of Philharmonic is an organization dedicated to bringing classical music to the community and contributing to charitable causes. Their mission is multifaceted, aiming to provide high-quality classical music performances for public enjoyment. Furthermore, they strive to raise funds for charitable purposes and offer individual scholarship awards. By doing so, they contribute to the betterment of the community and support talented individuals in their musical pursuits. The financial aspects of their operations include covering concert costs such as hall rentals, performer fees, program creation, advertising, and all expenses directly related to each concert.
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Impact
October, 2024
Palm Springs Friends of Philharmonic has significantly enriched the cultural landscape of the Palm Desert area by providing access to high-quality classical music. This organization plays a crucial role in supporting not only musical performances but also in funding charitable initiatives and scholarship programs that benefit the community. By covering essential concert costs such as hall rentals, performer fees, and advertising, they ensure that classical music remains vibrant and accessible to the public. Beyond simply hosting concerts, their commitment to charitable purposes fosters artistic growth and education, making a lasting impact on individuals and the wider community. Through their efforts, they cultivate a deep appreciation for the arts while empowering the next generation of talent.
This information is meant to be a general summary of Palm Springs Friends Of Philharmonic. 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: $57,930
- Program Service Revenue: $552,050
- Gross Receipts: $1,374,866
Assets and Liabilities:
- Total Assets: $3,491,430
- Total Liabilities: $623,925
- Net Assets: $2,867,505
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CONCERT REVENUE
Revenue
$552,050
Organization Details
Founding Year
1974
Phone
(760) 341-1013Principal Officer
Ken Turner
Main Address
PO BOX 12770, PALM DESERT, CA, 922552770
Website
www.psfp.orgNTEE Category
Code: A116 - Arts
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