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The New York Classical Players Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 272235189 ✦ North bergen, NJ ✦ Designated as a 501(c)(3)

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Overview

What is The New York Classical Players Inc?

The New York Classical Players Inc is a distinguished nonprofit organization situated in North Bergen, New Jersey. Comprising a group of exceptionally talented young musicians from diverse cultural backgrounds, this ensemble is dedicated to sharing the richness of classical music repertoire with the public. In alignment with their mission, they uphold the highest standards of artistry, collaboration, and virtuosity, presenting all concerts gratis to the public. Due to the ongoing pandemic, they have transitioned to presenting their concerts in an untact manner, utilizing platforms such as YouTube and websites.


Official website here: www.newyorkclassicalplayers.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: Needs Improvement

The New York Classical Players Inc has received a two-star rating with an overall score of 73%. This rating indicates that while the organization demonstrates some strengths in accountability and finance, there are significant areas needing improvement. The charity showcases a strong governance structure with a fully independent board and no material diversion of assets, which are positive indicators of financial integrity.

However, the organization has several critical gaps in its policies and transparency practices. Notably, it lacks essential documents such as a conflict of interest policy, a whistleblower policy, and a document retention policy. Additionally, the absence of board meeting minutes and the failure to post tax forms on its website further detracts from its accountability, potentially impacting stakeholder trust.

Despite these limitations, The New York Classical Players maintains a robust program expense ratio at 78.76%, suggesting that a substantial portion of its resources is allocated towards its mission-related activities. Addressing the identified shortcomings could enhance their rating in the future and increase overall effectiveness.


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

Is The New York Classical Players Inc legitimate?

The New York Classical Players Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The New York Classical Players Inc 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: $14,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.newyorkclassicalplayers.org

What is the mission statement of The New York Classical Players Inc?

The New York Classical Players Inc is an ensemble of talented young musicians from diverse cultural backgrounds, dedicated to sharing classical music repertoires with the public. Their mission, as stated, is grounded in the belief that access to musical excellence is a fundamental human right. Consequently, they present all their concerts free of charge, adhering to the highest standards of artistry, collaboration, and virtuosity. During the Covid-19 pandemic, they have shifted their performances to an online platform, making their concerts accessible to a broader audience through YouTube and their website.


Official website here: www.newyorkclassicalplayers.org

What is the revenue of The New York Classical Players Inc?

The New York Classical Players Inc's revenue in 2023 was $255,452.


Official website here: www.newyorkclassicalplayers.org

Who are the executives of The New York Classical Players Inc and what are their salaries?

There is 1 key member and their salary:


Dong Min Kim (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.newyorkclassicalplayers.org

Where can I find the form 990 for The New York Classical Players Inc?

The New York Classical Players Inc's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.newyorkclassicalplayers.org

Learn more at the official website: www.newyorkclassicalplayers.org

Mission Statement of The New York Classical Players Inc

The New York Classical Players Inc is an ensemble of talented young instrumentalists from diverse cultural backgrounds, dedicated to sharing the beauty of classical repertoire through their performances. Inspired by the belief that everyone deserves access to musical excellence, this professional performing group presents their concerts free of charge, upholding the highest standards of artistry, collaboration, and virtuosity. Due to the ongoing pandemic, they have shifted their performances to an online platform, making it possible for a wider audience to enjoy their music via YouTube and various websites.

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Impact




October, 2024

The New York Classical Players Inc has made a significant impact by bringing classical music to diverse audiences, championing musical excellence as a fundamental human right. By offering free concerts, the ensemble ensures that high-quality performances are accessible to all, regardless of socio-economic status. Their commitment to featuring highly gifted young instrumentalists from varied cultural backgrounds enriches the artistic landscape and fosters an inclusive environment in the classical music world.

During the Covid-19 pandemic, the group adapted to challenges by transitioning to virtual concert formats, utilizing platforms like YouTube and their website to continue engaging with audiences safely. This shift not only maintained their artistic outreach but also expanded their audience beyond geographical limitations, demonstrating the resiliency and innovative spirit of the ensemble.

By prioritizing collaboration and virtuosity in their performances, The New York Classical Players inspire a love for classical music and cultivate community connections through shared cultural experiences.




This information is meant to be a general summary of The New York Classical Players Inc. 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.

Revenue
$255,452 (2023)
Expenses
$257,673 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Gross Receipts: $255,452

Assets and Liabilities:

  • Total Assets: $41,985
  • Total Liabilities: $0
  • Net Assets: $41,985

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Organization Details

Founding Year

2010

Principal Officer

Dongmin Kim

NTEE Category

Code: A69 - Arts

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