Overview
What is Indianapolis Chamber Orchestra Inc?
The Indianapolis Chamber Orchestra Inc, situated in Indianapolis, Indiana, is a distinguished nonprofit organization with a strong commitment to music. Over the past 38 years, they have curated a seven-concert series, showcasing a diverse repertoire of music spanning four centuries. This collection, tailored for small orchestras, features both internationally renowned artists and local talent, providing a platform for aspiring soloists and contemporary composers. The organization has commissioned several new works and premiered numerous compositions throughout its history. In addition to performances, the Indianapolis Chamber Orchestra Inc also extends its reach through educational programs, nurturing an appreciation for music within the community. With a dedicated workforce of 41 individuals, they broadcast excerpts from their concerts weekly on WFTY FM 30.
Official website here: www.icomusic.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Star Rating)
The Indianapolis Chamber Orchestra Inc has earned a commendable Four-Star rating from Charity Navigator, reflecting a robust accountability and finance score of 96%. This rating is significant as it indicates a high standard of financial health and transparency in the nonprofit sector, which is crucial for fostering trust among donors and stakeholders.
The organization showcases several strengths, including a fully independent board with a total of 21 members, and they have scored perfectly on various accountability measures such as the existence of a conflict of interest policy and a whistleblower policy. Additionally, their financial management appears sound, with a program expense ratio of 70.87%, signifying that a substantial portion of their funds is directed towards their programs and services.
While the data highlights strong financial practices, potential donors may want to consider any further impact metrics or programmatic effectiveness that are not captured in the numerical rating. Overall, the Indianapolis Chamber Orchestra Inc presents itself as a responsible and well-managed nonprofit, dedicated to its mission and accountable to its supporters.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Indianapolis Chamber Orchestra Inc?
100% of 8 reviewers on Facebook recommend the Indianapolis Chamber Orchestra Inc. Here is a summary of their reviews:
The feedback highlights a consistently positive experience with performances, particularly praising the recent event featuring Christopher O'Riley. Reviewers express their enthusiasm for the quality of the music and the skill of the performers, indicating that the orchestra delivers exceptional experiences consistently.
Overall, the sentiments conveyed suggest a strong appreciation for the Indianapolis Chamber Orchestra, with concert-goers finding joy and satisfaction in their performances. The orchestra appears to maintain a stellar reputation among its audience.
This AI summary has been generated from reviews found on Facebook.
Is Indianapolis Chamber Orchestra Inc legitimate?
Indianapolis Chamber Orchestra Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Indianapolis Chamber Orchestra 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: $73,505
Professional Fundraising Fees: $0
Other Salaries and Wages: $467,123
For more financial information, click here
Official website here: www.icomusic.org
What is the mission statement of Indianapolis Chamber Orchestra Inc?
The Indianapolis Chamber Orchestra Inc's mission is centered around advancing and promoting music composed for small orchestras. They achieve this through professional performances and educational programs. Their annual seven-concert series showcases a diverse range of musical literature spanning four centuries, featuring internationally recognized artists, local talent, aspiring soloists, and contemporary composers. The orchestra has commissioned several new works and premiered numerous pieces during its 38-year history. Additionally, the Indianapolis Chamber Orchestra has a radio broadcast that features excerpts from their concerts and airs weekly.
Official website here: www.icomusic.org
Who is the CEO of Indianapolis Chamber Orchestra Inc?
Marcus Veatch is the President of Indianapolis Chamber Orchestra Inc.
Official website here: www.icomusic.org
What is the revenue of Indianapolis Chamber Orchestra Inc?
Indianapolis Chamber Orchestra Inc's revenue in 2022 was $1,055,259.
Official website here: www.icomusic.org
Who are the executives of Indianapolis Chamber Orchestra Inc and what are their salaries?
The average compensation at Indianapolis Chamber Orchestra Inc during 2022 was $13,186. There are 41 employees and 25 volunteers at Indianapolis Chamber Orchestra Inc.
Here are 23 key members and their salaries:
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- Compensation: $66,950
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- Other: $6,331
Official website here: www.icomusic.org
Where can I find the form 990 for Indianapolis Chamber Orchestra Inc?
Indianapolis Chamber Orchestra Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.icomusic.org
Learn more at the official website: www.icomusic.org
Mission Statement of Indianapolis Chamber Orchestra Inc
The Indianapolis Chamber Orchestra Inc, a renowned organization, is dedicated to the advancement and promotion of music created for small orchestras. They accomplish this mission through professional performances and education programs. The orchestra presents a seven-concert series annually, drawing from a rich musical literature spanning four centuries. This series features internationally recognized guest artists, local talent, promising young soloists, and contemporary composers. The Indianapolis Chamber Orchestra has a history of commissioning new works and premiering numerous pieces, showcasing their commitment to nurturing fresh talent in the field of music composition. Furthermore, their radio broadcast features excerpts from concerts, airing weekly on WFTY FM 30. This broadcast serves to share the orchestra's performances with a wider audience and contribute to the overall promotion of small orchestra music.
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Impact
October, 2024
The Indianapolis Chamber Orchestra Inc significantly enriches the cultural landscape by advancing and promoting music composed for small orchestras through a diverse range of performances and educational initiatives. Each year, the orchestra presents a seven-concert series that explores a vast repertoire spanning four centuries, catering to diverse musical tastes while showcasing the artistry of both internationally recognized guest artists and talented local musicians.
By featuring aspiring young soloists and commissioning new works, the orchestra fosters a vibrant environment for creativity and innovation in contemporary music. Its commitment to premiering new compositions enhances the repertoire available for small orchestras, thus contributing to the broader musical community. The ICO also plays an essential role in music education, engaging audiences of all ages and backgrounds, and inspiring the next generation of musicians.
Additionally, the ICO's radio broadcast, which airs excerpts from concerts weekly, extends its reach, allowing a wider audience to experience and appreciate its performances. Through these efforts, the Indianapolis Chamber Orchestra Inc not only entertains but also actively participates in the cultivation of an informed and enthusiastic audience for orchestral music.
This information is meant to be a general summary of Indianapolis Chamber Orchestra 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: $155,639
- Program Service Revenue: $159,387
- Gross Receipts: $1,091,635
Assets and Liabilities:
- Total Assets: $3,320,087
- Total Liabilities: $33,277
- Net Assets: $3,286,810
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CONTRACTED PERFORMANCE
Revenue
$104,283
TICKET AND SUBSCRIPTIO
Revenue
$55,104
Organization Details
Founding Year
1984
Phone
(317) 940-9607Principal Officer
Marcus Veatch
Main Address
4603 CLARENDON ROAD, INDIANAPOLIS, IN, 46208
Website
www.icomusic.orgNTEE Category
Code: A690 - Arts
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