Classical Music Festival

Charity Navigator Rating: 63%, Two-Star out of Four Star rating.

The Classical Music Festival has received a moderate rating of 63%, which indicates some areas of strength but also notable weaknesses. The organization demonstrates a strong program expense ratio of 70.48%, suggesting that a significant portion of its spending directly supports its musical initiatives. Additionally, there are no issues with material diversion of assets, which is a positive indicator of financial integrity.

However, the organization's governance and transparency practices raise concerns. With only 33% of board members being independent and the absence of key policies like whistleblower and document retention, the organization may not fully adhere to best practices in accountability. Furthermore, the lack of a publicly posted tax form limits transparency, which could affect donor confidence. Overall, while the Classical Music Festival shows promise in its programmatic focus, it faces challenges in governance that could impact its long-term effectiveness.

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

Classical Music Festival is a legitimate nonprofit organization registered as a 501(c)(3) entity. Classical Music Festival 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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Official website here: www.cmf.ou.edu