Overview
What is American Pianists Association Inc?
American Pianists Association Inc, established in Indianapolis, Indiana, is a nonprofit organization with a mission to discover, promote, and advance the careers of talented, young, American classical and jazz pianists. Through their programs, they aim to improve community life by fostering an appreciation for music, enhancing public knowledge and skills in the arts, and providing music activities to underserved communities. Their primary initiatives include the Classical Awards, a competition granting classical fellowships; the Jazz Awards, offering a jazz fellowship; and Grand Encounters, a classical piano recital series. With a dedicated workforce of seven individuals, American Pianists Association Inc is committed to advancing the art form of music and nurturing the next generation of world-class pianists.
Official website here: www.americanpianists.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 76%, Three-Star out of Four Star rating.
The American Pianists Association Inc has earned a three-star rating, reflecting a solid commitment to accountability and finance. The organization's performance is primarily assessed through a single beacon score, where it excels in areas such as having a fully independent board and robust financial oversight mechanisms. These strengths indicate a well-structured organization that prioritizes transparency and governance.
Despite its positive attributes, the program expense ratio is relatively low at 53.60%, suggesting that a significant portion of the budget may not be directed towards programmatic activities. This could imply limitations in the reach or impact of its programs. Stakeholders may want to consider this ratio when assessing the overall effectiveness of the organization's initiatives.
Overall, while the American Pianists Association Inc demonstrates strong governance and financial accountability, potential donors and supporters might look for further improvement in program expenses to enhance their impact in the community they serve.
This AI summary has been generated from information found on Charity Navigator.
Is American Pianists Association Inc legitimate?
American Pianists Association Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. American Pianists Association 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: $317,804
Professional Fundraising Fees: $0
Other Salaries and Wages: $328,238
For more financial information, click here
Official website here: www.americanpianists.org
What is the mission statement of American Pianists Association Inc?
The American Pianists Association's mission is centered around identifying, promoting, and advancing the careers of talented, young, American pianists, both in the jazz and classical genres. Their activities aim to enhance the quality of life within communities through music, broaden the general public's understanding and skills in the arts, offer arts activities to underserved communities, and foster the art form of music. Among their primary programs are the Classical Awards, which grant classical fellowships through a piano competition, the Jazz Awards, which award a jazz fellowship through a piano competition, and Grand Encounters, a classical piano recital series.
Official website here: www.americanpianists.org
Who is the CEO of American Pianists Association Inc?
Peter Mraz is the President/Ceo (7/19/21 - 6/30/22) of American Pianists Association Inc. The CEO's salary of American Pianists Association Inc is $53,538 and their total compensation is $58,671.
Official website here: www.americanpianists.org
What is the revenue of American Pianists Association Inc?
American Pianists Association Inc's revenue in 2022 was $1,689,195.
Official website here: www.americanpianists.org
Who are the executives of American Pianists Association Inc and what are their salaries?
The average compensation at American Pianists Association Inc during 2022 was $92,292. There are 7 employees and 25 volunteers at American Pianists Association Inc.
Here are 28 key members and their salaries (American Pianists Association Inc's CEO's salary is $53,538 and their total compensation is $58,671):
- Compensation: $132,449
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- Other: $19,993
- Compensation: $96,533
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- Other: $21,622
- Compensation: $53,538
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Official website here: www.americanpianists.org
Where can I find the form 990 for American Pianists Association Inc?
American Pianists Association Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.americanpianists.org
Learn more at the official website: www.americanpianists.org
Mission Statement of American Pianists Association Inc
The American Pianists Association Inc is committed to a significant mission. Their primary objective is to identify, promote, and boost the careers of young, talented, and world-class jazz and classical pianists hailing from the United States. This nonprofit organization strives to achieve this mission through its programs, which are designed to enhance the community's quality of life through music, broaden the public's knowledge and skills in the arts, provide arts activities to underserved communities, and advance the art form of music.
The American Pianists Association Inc runs three significant program services: Classical Awards, Jazz Awards, and Grand Encounters. The Classical Awards is a piano competition aimed at awarding classical fellowships to promising pianists. Similarly, the Jazz Awards is a piano competition that rewards a jazz fellowship to exceptional jazz pianists. Lastly, Grand Encounters is a classical piano recital series that showcases the talents of these awarded pianists, providing audiences with captivating performances. By carrying out these programs, the American Pianists Association Inc plays a crucial role in nurturing and promoting the careers of young, American pianists in the jazz and classical genres.
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Impact
October, 2024
The American Pianists Association Inc significantly influences the music landscape by discovering, promoting, and advancing the careers of young, world-class jazz and classical pianists. Through its dedicated programs, it enhances community quality of life via music and broadens public knowledge and appreciation of the arts, particularly in underserved communities.
The organization's primary initiatives include the Classical Awards and Jazz Awards, which are competitive platforms that provide fellowships to aspiring pianists, enabling them to develop their artistic capabilities and gain exposure. Additionally, the Grand Encounters series offers public recital opportunities, enriching the cultural fabric of Indianapolis and surrounding areas. By facilitating these programs, the American Pianists Association not only nurtures talent but also fosters a deeper appreciation for the art of music within the community.
This information is meant to be a general summary of American Pianists Association 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $684,168
- Program Service Revenue: $27,747
- Gross Receipts: $1,886,596
Assets and Liabilities:
- Total Assets: $12,496,518
- Total Liabilities: $52,315
- Net Assets: $12,444,203
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PERFORMANCE FEES
Revenue
$15,200
ADMISSIONS
Revenue
$12,442
OTHER PROGRAM INCOME
Revenue
$105
Organization Details
Founding Year
1979
Phone
(317) 940-9945Principal Officer
Peter Mraz
Main Address
4603 CLARENDON ROAD NO 30, INDIANAPOLIS, IN, 46208
Website
www.americanpianists.orgNTEE Category
Code: A68 - Arts
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