Overview
What is Phoenix Symphony Support Foundation?
The Phoenix Symphony Support Foundation is a nonprofit organization situated in Phoenix, Arizona, specifically at 1 NORTH FIRST STREET SUITE 200. Its primary objective is to safeguard and invest an endowment fund, which it uses to make annual distributions in support of the Phoenix Symphony Association (PSA)'s general operations. The foundation plays a crucial role in ensuring the continuity and growth of the Phoenix Symphony by providing financial support following its established bylaws.
Is Phoenix Symphony Support Foundation legitimate?
Phoenix Symphony Support Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Phoenix Symphony Support Foundation 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 Phoenix Symphony Support Foundation?
The Phoenix Symphony Support Foundation's primary mission is to safeguard and invest an endowment fund. This fund is utilized to make annual distributions to the Phoenix Symphony, adhering to the corporation's bylaws. The endowment funds are maintained to support the Phoenix Symphony Association (PSA) and contribute to the organization's general operations. The foundation's role is crucial in financially sustaining the Phoenix Symphony, ensuring its continued success and artistic growth.
Who is the CEO of Phoenix Symphony Support Foundation?
Peter Kjome is the Treasurer of Phoenix Symphony Support Foundation. The CEO's salary of Phoenix Symphony Support Foundation is $0 and their total compensation is $359,509.
What is the revenue of Phoenix Symphony Support Foundation?
Phoenix Symphony Support Foundation's revenue in 2022 was $12,127.
Who are the executives of Phoenix Symphony Support Foundation and what are their salaries?
There 2 volunteers at Phoenix Symphony Support Foundation.
Here are 4 key members and their salaries (Phoenix Symphony Support Foundation's CEO's salary is $0 and their total compensation is $359,509):
- Compensation: $0
- Related: $116,372
- Other: $15,768
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $349,038
- Other: $10,471
Where can I find the form 990 for Phoenix Symphony Support Foundation?
Phoenix Symphony Support Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Phoenix Symphony Support Foundation
The Phoenix Symphony Support Foundation's primary mission is centered around safeguarding and investing an endowment fund. This foundation meticulously manages this fund, with the intention of distributing a portion of its earnings annually to the Phoenix Symphony, as per the organization's bylaws. The endowment funds are purposefully held and invested to support the Phoenix Symphony Association (PSA) and contribute to the overall operations of the PSA. This financial backing plays a significant role in upholding the continued success and vitality of the Phoenix Symphony.
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Impact
October, 2024
The Phoenix Symphony Support Foundation plays a crucial role in safeguarding and investing the endowment fund, ensuring financial stability for the Phoenix Symphony. By making annual distributions as outlined in the corporation's bylaws, it supports the general operations of the Phoenix Symphony Association. This sustained financial backing allows the Symphony to continue its mission of delivering high-quality performances and enriching the cultural landscape of Phoenix. Through its commitment to long-term investment strategies, the foundation not only secures the future of the Symphony but also enhances the overall arts experience for the community.
This information is meant to be a general summary of Phoenix Symphony Support Foundation. 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: $12,127
- Gross Receipts: $14,253
Assets and Liabilities:
- Total Assets: $356,637
- Total Liabilities: $4,455
- Net Assets: $352,182
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Organization Details
Founding Year
2007
Phone
(602) 495-1117Principal Officer
Peter Kjome
Main Address
1 NORTH FIRST STREET SUITE 200, PHOENIX, AZ, 85004
NTEE Category
Code: A11 - Arts
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