Overview
What is Symerge?
Symerge is a creative music training nonprofit, headquartered in Rochester, NY. They innovatively approach travel logistics, utilizing a homebase and satellite bases with run-outs, as opposed to traditional point-to-point tours. Their unique strategy aims to enhance music education and training. Unfortunately, their primary program, the Scor National Tour, was halted during the Covid pandemic and staff illness. This led to a loss of 87.7K and no clients served, resulting in the write-off of remaining touring intangible assets. Despite these challenges, Symerge continues to uphold its mission in Rochester, NY.
Official website here: www.scorstrings.com
Is Symerge legitimate?
Symerge is a legitimate nonprofit organization registered as a 501(c)(3) entity. Symerge submitted a form 990EZ, 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.
Official website here: www.scorstrings.com
What is the mission statement of Symerge?
Symerge's mission is centered around providing creative music training through an innovative approach to travel logistics. They discovered that a homebase and multiple satellite bases, along with run-outs, would yield better results than point-to-point tours. Despite the inability to offer their main program, the Scor National Tour, due to the Covid pandemic and staff illness, Symerge continues to strive towards enhancing musical skills and experiences for their clients.
Official website here: www.scorstrings.com
Who is the CEO of Symerge?
Barbara Hill is the Vice President of Symerge. The CEO's salary of Symerge is $72,507 and their total compensation is $72,507.
Official website here: www.scorstrings.com
What is the revenue of Symerge?
Symerge's revenue in 2022 was $80,662.
Official website here: www.scorstrings.com
Who are the executives of Symerge and what are their salaries?
Here are 4 key members and their salaries (Symerge's CEO's salary is $72,507 and their total compensation is $72,507):
- Compensation: $72,507
- Related: $0
- Other: $0
- Compensation: $63,728
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.scorstrings.com
Where can I find the form 990EZ for Symerge?
Symerge's most recent form 990EZ was submitted in 2022 and can be accessed here.
Official website here: www.scorstrings.com
Learn more at the official website: www.scorstrings.com
Mission Statement of Symerge
Symerge, an innovative organization, focuses on fostering creativity through music training. They have developed an unconventional approach to logistics, finding that a centralized homebase alongside multiple satellite bases with occasional run-outs is more effective than traditional point-to-point tours. Despite their primary program, the Scor National Tour, being temporarily unavailable due to the Covid pandemic and staff illness, Symerge continues to seek new avenues to serve its clients. The temporary setback resulted in a significant financial loss, with 87.7K in touring intangible assets being written off and no clients being served during this period. Nevertheless, Symerge remains committed to its mission of promoting creativity through music training, continually exploring new methods to engage with its audience.
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Impact
October, 2024
Symerge has transformed the landscape of creativity music training by rethinking travel logistics, making it more accessible and effective. Their innovative model, which utilizes a homebase with multiple satellite locations, allows for a broader reach and better resource allocation than traditional point-to-point tours. This strategic approach not only enhances the training experience but also streamlines operations, ensuring that artists and participants can engage more effortlessly, regardless of their geographic location.
Despite facing significant challenges during the Covid pandemic—resulting in a loss of $87.7K from the write-off of intangible touring assets—Symerge has pivoted to adapt its offerings. By focusing on a more sustainable operational framework, they are positioned to rebuild and grow, bringing creativity music training to a wider audience in Rochester, NY, and beyond. Their commitment to arts education continues to foster a vibrant creative community, providing valuable opportunities for individuals to explore and elevate their musical talents.
This information is meant to be a general summary of Symerge. 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: $68
- Program Service Revenue: $40,302
- Gross Receipts: $80,662
Assets and Liabilities:
- Total Assets: $435,115
- Total Liabilities: $843,642
- Net Assets: -$408,527
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Organization Details
Phone
(877) 726-7267Principal Officer
Barbara Hill
Main Address
67 Pembroke St APT 1, Rochester, NY, 146201523
Website
www.scorstrings.comNTEE Category
Code: A6C - Arts
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