Overview
What is Symphony Of Nwa Sona Symphony Of Nwa?
Symphony Of Nwa Sona Symphony Of Nwa, a Fayetteville, Arkansas-based nonprofit, is dedicated to enriching Northwest Arkansas with the beauty of music. Recognized as a trailblazing orchestra, SONA strives to push the boundaries of what an orchestra can achieve, fostering artistic expression and boosting interest in the arts. SONA's outreach, education, collaboration, and performance initiatives play a vital role in this mission, aiming to promote equity and inspire lives. The organization also pays tribute to the past, present, and future of the artform, nurturing its highest levels of expression. With a workforce of 200 individuals, SONA serves as a beacon of cultural growth and artistic innovation in the region.
Official website here: www.sonamusic.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 92%, Four-Star out of Four Star Rating
Symphony Of Nwa has achieved a commendable Four-Star rating from Charity Navigator, indicating a strong performance in accountability and finance with a score of 92%. This high rating reflects the organization's commitment to transparency and effective financial management. Notably, Symphony Of Nwa has an entirely independent board, which enhances its governance and oversight capabilities.
Strengths of the organization include a solid program expense ratio of 79.91%, meaning a significant majority of its expenses are directed towards its programs. The charity also demonstrates a strong commitment to accountability with no material diversion of assets reported and comprehensive policies in place for conflict of interest and whistleblower protections. However, it is worth noting that the organization lacks a documented retention and destruction policy, which impacted its score in that area.
Overall, Symphony Of Nwa appears to be a well-managed nonprofit with a clear focus on its mission and responsible use of funds. While the minor limitation regarding document retention is present, the overall financial health and governance structure indicate a reliable option for potential donors seeking to support a reputable organization.
This AI summary has been generated from information found on Charity Navigator.
Is Symphony Of Nwa Sona Symphony Of Nwa legitimate?
Symphony Of Nwa Sona Symphony Of Nwa is a legitimate nonprofit organization registered as a 501(c)(3) entity. Symphony Of Nwa Sona Symphony Of Nwa 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
Professional Fundraising Fees: $0
Other Salaries and Wages: $747,111
For more financial information, click here
Official website here: www.sonamusic.org
What is the mission statement of Symphony Of Nwa Sona Symphony Of Nwa?
Symphony of Nwa Sona, recognized as a trailblazing orchestra, aims to enrich lives by broadening the scope of what an orchestra can accomplish. Through outreach, education, collaboration, and performances, the symphony seeks to stimulate interest and promote equity in the arts. The organization also honors the past, present, and future of its art form, fostering the highest levels of artistic expression to creatively celebrate its craft.
Official website here: www.sonamusic.org
Who is the CEO of Symphony Of Nwa Sona Symphony Of Nwa?
Mike Russell is the Chair of Symphony Of Nwa Sona Symphony Of Nwa.
Official website here: www.sonamusic.org
What is the revenue of Symphony Of Nwa Sona Symphony Of Nwa?
Symphony Of Nwa Sona Symphony Of Nwa's revenue in 2023 was $1,422,474.
Official website here: www.sonamusic.org
Who are the executives of Symphony Of Nwa Sona Symphony Of Nwa and what are their salaries?
The average compensation at Symphony Of Nwa Sona Symphony Of Nwa during 2023 was $3,736. There are 200 employees at Symphony Of Nwa Sona Symphony Of Nwa.
Here are 14 key members and their salaries:
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Official website here: www.sonamusic.org
Where can I find the form 990 for Symphony Of Nwa Sona Symphony Of Nwa?
Symphony Of Nwa Sona Symphony Of Nwa's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.sonamusic.org
Learn more at the official website: www.sonamusic.org
Mission Statement of Symphony Of Nwa Sona Symphony Of Nwa
Symphony of NWA, a trailblazing orchestra in Northwest Arkansas, is on a mission to revolutionize the perception of orchestras and positively impact lives. By expanding the boundaries of what an orchestra can achieve, the Symphony aims to increase interest and promote equity in the arts. They do this through various means, including outreach, education, collaboration, and performance.
The organization is committed to honoring the past, present, and future of their artform, fostering the highest levels of artistic expression. This approach allows Symphony of NWA to creatively pay tribute to their rich musical heritage while simultaneously nurturing the talents of the upcoming generations. By embracing innovation and collaboration, the orchestra aspires to make great music more accessible and engaging to a wider audience. In doing so, they aim to enrich the lives of many and contribute to a more culturally vibrant community.
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Impact
October, 2024
Symphony of NWA (SONA) significantly impacts Northwest Arkansas by reshaping the region's cultural landscape through music. By expanding the possibilities of what an orchestra can be, SONA introduces innovative programming that engages diverse audiences. Their emphasis on outreach and education increases interest and equity in the arts, creating access for various communities and inspiring future generations.
Through collaboration and performance, SONA fosters a sense of community and collective appreciation for the arts. Their commitment to creatively honoring the past, present, and future of orchestral music not only enhances the cultural offerings in the area but also elevates the artistic expression within the community. As a trailblazing orchestra, SONA plays a crucial role in transforming lives and enriching the cultural fabric of Northwest Arkansas, making great music accessible and relevant to all.
This information is meant to be a general summary of Symphony Of Nwa Sona Symphony Of Nwa. 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: $23,046
- Program Service Revenue: $349,782
- Gross Receipts: $1,467,117
Assets and Liabilities:
- Total Assets: $2,048,818
- Total Liabilities: $290,397
- Net Assets: $1,758,421
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ADMISSIONS
Revenue
$266,684
OTHER PROGRAM INCOME
Revenue
$78,948
OTHER
Revenue
$4,150
Organization Details
Founding Year
1954
Phone
(479) 521-4166Principal Officer
Mike Russell
Main Address
PO BOX 1243, FAYETTEVILLE, AR, 72702
Website
www.sonamusic.orgNTEE Category
Code: A69Z - Arts
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