Overview
What is Colorado Symphony Fund?
Colorado Symphony Fund is a nonprofit organization situated in Denver, Colorado, specifically at 1000 14th Street 15. Their primary mission is to sustainably finance the operational expenses of the Colorado Symphony Association, an affiliated entity dedicated to delivering symphonic concerts in the Denver metropolitan area and surrounding tri-states. To accomplish this goal, the Colorado Symphony Fund raises, manages, and distributes funds for the Colorado Symphony Association's ongoing needs.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94% (Four-Star out of Four Stars)
The Colorado Symphony Fund has earned a commendable Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. With a perfect score in various governance aspects, including 100% independent board members and effective oversight through an audit committee, the organization demonstrates a commitment to transparency and ethical management.
Financially, the Colorado Symphony Fund showcases a robust program expense ratio of 96.46%, indicating that the vast majority of its resources are directed toward its core mission. The organization also exhibits no liabilities, further underscoring its sound financial health. Policies regarding conflicts of interest, whistleblower protections, and document retention are in place, enhancing its overall accountability.
While the organization excels in its financial practices and governance, the data does not provide specific insights into programmatic outcomes or community impact. However, its strong fiscal discipline and governance foundation suggest a reliable choice for donors seeking to support the performing arts in Colorado.
This AI summary has been generated from information found on Charity Navigator.
Is Colorado Symphony Fund legitimate?
Colorado Symphony Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Colorado Symphony Fund 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: $0
For more financial information, click here
What is the mission statement of Colorado Symphony Fund?
The Colorado Symphony Fund's primary purpose is to support the Colorado Symphony Association, an organization dedicated to performing symphonic concerts in the Denver metropolitan area and its surrounding tri-state region. One of its main activities involves raising, holding, and distributing funds for the operating needs of this association. Additionally, the Colorado Symphony Fund aims to establish a permanent endowment to meet the long-term operating needs of the Colorado Symphony Association. This endowment will be administered by the organization to ensure the continued success and performance of symphonic concerts in the specified region.
Who is the CEO of Colorado Symphony Fund?
Steve Brett is the Chairman of Colorado Symphony Fund.
What is the revenue of Colorado Symphony Fund?
Colorado Symphony Fund's revenue in 2022 was $4,099,144.
Who are the executives of Colorado Symphony Fund and what are their salaries?
There 6 volunteers at Colorado Symphony Fund.
Here are 6 key members and their salaries:
- Compensation: $0
- Related: $279,738
- Other: $6,574
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Colorado Symphony Fund?
Colorado Symphony Fund's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Colorado Symphony Fund
The Colorado Symphony Fund, a nonprofit organization, is primarily committed to supporting the Colorado Symphony Association. This association, based in the Denver metropolitan area and surrounding tri-state regions, focuses on performing symphonic concerts. The Colorado Symphony Fund's primary mission is to raise, manage, and distribute funds for the long-term operating needs of the Colorado Symphony Association. Specifically, the organization aims to establish a permanent endowment, ensuring the financial stability and sustainability of the association's symphonic concert performances. By doing so, the Colorado Symphony Fund plays a crucial role in maintaining the vibrancy and continuity of symphonic music in the communities it serves.
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Impact
October, 2024
The Colorado Symphony Fund plays a vital role in ensuring the long-term sustainability and operational success of the Colorado Symphony Association. By raising, holding, and distributing funds, the organization is dedicated to creating a permanent endowment that secures the financial future of symphonic performances in Denver and the surrounding areas. This robust financial support allows the Colorado Symphony Association to focus on delivering high-quality concerts and enriching the cultural landscape of the region. Through its commitment to fostering the arts, the Colorado Symphony Fund directly impacts the community by enhancing access to symphonic music and promoting artistic excellence.
This information is meant to be a general summary of Colorado Symphony Fund. 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: $4,082,990
- Gross Receipts: $72,994,735
Assets and Liabilities:
- Total Assets: $76,088,728
- Total Liabilities: $0
- Net Assets: $76,088,728
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Organization Details
Founding Year
2006
Phone
(303) 623-7876Principal Officer
Steve Brett
Main Address
1000 14TH STREET 15, DENVER, CO, 80202
NTEE Category
Code: A69 - Arts
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