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Kronos Performing Arts Association

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 237444956 ✦ San francisco, CA ✦ Designated as a 501(c)(3)

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Overview

What is Kronos Performing Arts Association?

Kronos Performing Arts Association, based in San Francisco, California, is a distinguished nonprofit organization dedicated to promoting music from a global perspective. For nearly half a century, they have been pushing the boundaries of artistic expression, with a mission to create, perform, and advocate for music that resonates with our shared world and expands our understanding of music's impact on society. Their extensive discography, released on labels such as Nonesuch Records, includes celebrated albums like "Pieces of Africa" and "Kronos Quartet: 25 Years," as well as several Grammy-winning titles. Recently, they have released albums like "One Earth, One People, One Love: Kronos Plays Terry Riley" and "Long Time Passing: Kronos and Friends Celebrate Pete Seeger." With a team of 11 dedicated individuals, Kronos Performing Arts Association continues to contribute significantly to the world of music.


Official website here: www.kronosquartet.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 92% (Four-Star out of Four Stars)

Kronos Performing Arts Association has achieved a strong 92% rating, reflecting a high level of accountability and financial management. The organization's score is derived entirely from its accountability and finance metrics, indicating a robust commitment to transparency and responsible management of funds. With a majority of independent board members and excellent scores in financial oversight, the organization demonstrates a solid governance structure.

The nonprofit has shown remarkable effectiveness in managing its resources, as evidenced by a program expense ratio of 76.28%, meaning a significant portion of its budget goes directly to programs rather than administrative costs. Additionally, it has no reported material diversion of assets, showcasing integrity in its financial practices. The presence of an audit and oversight committee further reinforces its commitment to accountability.

However, one notable limitation is the absence of a conflict of interest policy, which is essential for ensuring ethical practices within the organization. Despite this gap, the overall evaluation of Kronos Performing Arts Association underscores its strong financial health and governance, making it a reliable choice for donors interested in supporting performing arts initiatives.


This AI summary has been generated from information found on Charity Navigator.

Is Kronos Performing Arts Association legitimate?

Kronos Performing Arts Association is a legitimate nonprofit organization registered as a 501(c)(3) entity. Kronos Performing Arts 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: $685,525
Professional Fundraising Fees: $0
Other Salaries and Wages: $456,844

For more financial information, click here


Official website here: www.kronosquartet.org

What is the mission statement of Kronos Performing Arts Association?

For nearly five decades, the Kronos Performing Arts Association, specifically the Kronos Quartet, has been dedicated to a unique artistic vision. Their mission is to create, perform, and promote music from a global perspective, aiming to expand the understanding of music's role as a powerful force in society. The association has an extensive discography, preserving music from various cultural backgrounds, including albums like "Pieces of Africa" and "Kronos Quartet: 25 Years." Their releases often include collaborations with renowned artists, such as Terry Riley and Pete Seeger. The Kronos Performing Arts Association continues to utilize music as a tool to foster global understanding and appreciation.


Official website here: www.kronosquartet.org

Who is the CEO of Kronos Performing Arts Association?

Janet Cowperthwaite is the Member of Kronos Performing Arts Association.


Official website here: www.kronosquartet.org

What is the revenue of Kronos Performing Arts Association?

Kronos Performing Arts Association's revenue in 2022 was $2,774,082.


Official website here: www.kronosquartet.org

Who are the executives of Kronos Performing Arts Association and what are their salaries?

The average compensation at Kronos Performing Arts Association during 2022 was $103,852. There are 11 employees and 20 volunteers at Kronos Performing Arts Association.


Here are 24 key members and their salaries:


John Sherba (Member)
  • Compensation: $111,100
  • Related: $0
  • Other: $3,423
David Harrington (Member)
  • Compensation: $111,100
  • Related: $0
  • Other: $3,423
Janet Cowperthwaite (Executive Dir.)
  • Compensation: $100,748
  • Related: $0
  • Other: $12,803
Sunny Yang (Member)
  • Compensation: $103,096
  • Related: $0
  • Other: $10,035
Henry Dutt (Member)
  • Compensation: $109,640
  • Related: $0
  • Other: $3,423
Kenneth Foster (Board Co-Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kirsten Wolff (Board Co-Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Curtis Smith (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sumiko Ito Allison (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Wallace Chappell (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeanne Giordano (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert E Gordon (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andrea Lunsford (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Edward King (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Derek Lance (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Caroline Lee (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Donlyn Lyndon (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Drew Mccalley (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Greg G Minshall (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Evan Neff (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christine Oconnor (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Priscilla Stoyanof (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alice Wingwall (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Vasudevan Panicker (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.kronosquartet.org

Where can I find the form 990 for Kronos Performing Arts Association?

Kronos Performing Arts Association's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.kronosquartet.org

Learn more at the official website: www.kronosquartet.org

Mission Statement of Kronos Performing Arts Association

Kronos Performing Arts Association, established nearly five decades ago, is dedicated to creating, performing, and promoting music from a global perspective. This organization believes that music has the power to resonate with the world we live in and broaden our understanding of its role in society. Their mission is to explore diverse musical genres and cultures, pushing the boundaries of what classical music can achieve.

By curating an extensive discography on labels such as Nonesuch Records, Kronos Performing Arts Association has made significant contributions to the preservation of various musical traditions. Their albums, including "Pieces of Africa" and "Kronos Quartet: 25 Years," showcase the work of international composers and have earned them three Grammy Awards. Recently, they have released albums like "One Earth, One People, One Love: Kronos Plays Terry Riley," "Folk Songs" featuring renowned artists, and "Long Time Passing: Kronos and Friends Celebrate Pete Seeger."

Their discography is not their only contribution to the world of music. Kronos Performing Arts Association continues to innovate and engage with musical communities, fostering a global perspective on art and its role in society.

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Impact




October, 2024

Kronos Performing Arts Association significantly influences the cultural landscape by creating, performing, and promoting music that reflects a global perspective. By showcasing diverse music traditions, it enriches the understanding of music as a dynamic force in society.

The organization's commitment to preservation is evident through its extensive discography, which includes landmark albums such as "Pieces of Africa," highlighting African composers, and a series of Grammy-winning recordings. Its work bridges generations and genres, featuring collaborations with notable artists like Laurie Anderson and Dawn Upshaw, as well as celebrating traditional folk music through projects like "Folk Songs."

Kronos also engages with pressing social issues through music, as seen in its commemorative works such as "Long Time Passing," honoring Pete Seeger, and "My Lai," which addresses the impact of war. Through these initiatives, Kronos fosters dialogue and reflection, making it a powerful catalyst for cultural exchange and understanding in the arts community and beyond. The association's nearly five-decade commitment to artistic excellence continues to inspire and transform how music is perceived and experienced in today’s world.




This information is meant to be a general summary of Kronos Performing Arts 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.

Revenue
$2,774,082 (2022)
Expenses
$2,302,667 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $2,157
  • Program Service Revenue: $1,047,243
  • Gross Receipts: $2,774,082

Assets and Liabilities:

  • Total Assets: $1,591,460
  • Total Liabilities: $505,258
  • Net Assets: $1,086,202

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

Performance income

Revenue

$875,043

Recording income

Revenue

$31,000

Tour/production/other

Revenue

$141,200

Organization Details

Founding Year

1975

Principal Officer

Janet Cowperthwaite

Main Address

PO Box 225340, San Francisco, CA, 94122

NTEE Category

Code: A680 - Arts

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