Jacksonville Symphony Hall And Performing Arts Center Nfp

Charity Navigator Rating: 76%, Three-Star out of Four Star Rating

The Jacksonville Symphony Hall and Performing Arts Center has received a Three-Star rating from Charity Navigator, reflecting a solid score of 76%. This rating is primarily based on the nonprofit's accountability and finance practices, which are crucial for ensuring effective and responsible management of funds. Notably, the organization has a wholly independent board, demonstrating strong governance.

Strengths of the organization include its high program expense ratio of 93.72%, indicating that a significant portion of its expenditures directly supports its programs. Additionally, it has successfully avoided any material diversion of assets, indicating sound financial practices. However, the organization has several missing policies, such as a conflict of interest policy and a whistleblower policy, which detracts from its overall accountability score.

While the Jacksonville Symphony Hall and Performing Arts Center shows commendable financial health and governance, the absence of key policies highlights areas for improvement. Addressing these missing components could enhance transparency and trust with stakeholders, ultimately leading to a stronger organizational framework.

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

Jacksonville Symphony Hall And Performing Arts Center Nfp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Jacksonville Symphony Hall And Performing Arts Center Nfp 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

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