Overview
What is Friends Of Music Hall?
Friends of Music Hall is a nonprofit organization situated in Cincinnati, Ohio, specifically at 1241 Elm Street. Their primary mission is to preserve, promote, improve, and educate the public about Music Hall, a historically significant venue known for its architecture, usage, and patronage. They achieve this mission through guided tours, providing insightful information about the hall's history, and by distributing a quarterly e-newsletter titled "Windows on Music Hall," which highlights their programs and accomplishments.
Official website here: www.friendsofmusichall.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 88% (Three-Star out of Four Stars)
Friends Of Music Hall has received a solid Three-Star rating from Charity Navigator, reflecting a score of 88%. The organization demonstrates strong accountability and financial health, including a perfect score for having an entirely independent board and maintaining sound financial practices. The program expense ratio is high at 72.78%, indicating that a significant portion of their expenses goes directly towards their mission-related activities.
While the organization excels in several areas, there are notable gaps in their governance practices. They lack a whistleblower policy and a document retention and destruction policy, which are critical for maintaining transparency and accountability. Despite these shortcomings, the charity shows strong financial management, with a very low liabilities to assets ratio of 0.06%, signifying a healthy financial position.
Overall, Friends Of Music Hall appears to be a responsible nonprofit with a commitment to their mission, though there are areas for improvement in governance policies that could enhance their accountability practices.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Friends Of Music Hall?
While "Friends Of Music Hall" has not yet received an official rating, the two reviews available indicate a positive sentiment towards the nonprofit. Both reviewers appreciate the organization’s mission of preserving a beautiful historical building and supporting a key part of Cincinnati's cultural heritage.
Additionally, the enthusiasm for the cause is evident, with one reviewer specifically recommending the organization. This suggests a strong belief in its importance and effectiveness in contributing to the community and maintaining a legacy that many hold dear. Overall, the sentiment reflects well on the organization's goals and the support it garners from its advocates.
This AI summary has been generated from reviews found on Facebook.
Is Friends Of Music Hall legitimate?
Friends Of Music Hall is a legitimate nonprofit organization registered as a 501(c)(3) entity. Friends Of Music Hall 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: $82,731
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.friendsofmusichall.org
What is the mission statement of Friends Of Music Hall?
Friends of Music Hall's mission is centered around preserving, promoting, improving, and providing education about the renowned Music Hall. To accomplish this, they engage in guided tours, sharing historical insights about the venue's architecture, usage, and patronage. Furthermore, they aim to elevate the awareness of their programs and achievements through the dissemination of a quarterly e-newsletter titled "Windows on Music Hall." This newsletter serves to keep the public informed and engaged with the organization's activities and accomplishments.
Official website here: www.friendsofmusichall.org
Who is the CEO of Friends Of Music Hall?
Mark Weadick is the President of Friends Of Music Hall.
Official website here: www.friendsofmusichall.org
What is the revenue of Friends Of Music Hall?
Friends Of Music Hall's revenue in 2022 was $1,237,087.
Official website here: www.friendsofmusichall.org
Who are the executives of Friends Of Music Hall and what are their salaries?
There 65 volunteers at Friends Of Music Hall.
Here are 23 key members and their salaries:
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- Compensation: $72,577
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- Other: $10,154
Official website here: www.friendsofmusichall.org
Where can I find the form 990 for Friends Of Music Hall?
Friends Of Music Hall's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.friendsofmusichall.org
Learn more at the official website: www.friendsofmusichall.org
Mission Statement of Friends Of Music Hall
Friends of Music Hall, a dedicated nonprofit organization, is committed to preserving, promoting, improving, and educating the public about Music Hall. Their mission is threefold: preserving the historical significance of Music Hall's architecture, use, and patronage; promoting the organization's programs and achievements; and providing education about Music Hall through guided tours. Friends of Music Hall achieves this by offering informative guided tours, sharing insights into the hall's architectural history, previous uses, and notable patrons. Furthermore, they promote their initiatives and accomplishments through a quarterly e-newsletter titled "Windows on Music Hall." This publication keeps the community informed about the organization's activities and progress.
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Impact
October, 2024
Friends Of Music Hall plays a vital role in preserving and enhancing the cultural heritage of Cincinnati through its dedicated efforts. By offering guided tours, the organization highlights the historical significance of Music Hall's architecture, its diverse uses, and the patronage that has supported it over the years. This engagement not only informs the community about the venue's rich past but also fosters appreciation for its ongoing contributions to the arts.
Additionally, the distribution of their quarterly e-newsletter, "Windows on Music Hall," serves as an important communication tool that keeps the community informed about their programs and accomplishments. This outreach helps to build a stronger connection between the public and Music Hall, encouraging greater involvement and support for the arts in Cincinnati. Overall, Friends Of Music Hall's commitment to education, promotion, and improvement significantly enriches the community's cultural landscape.
This information is meant to be a general summary of Friends Of Music Hall. 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: $1,052,015
- Program Service Revenue: $45,649
- Gross Receipts: $2,938,163
Assets and Liabilities:
- Total Assets: $17,099,208
- Total Liabilities: $28,228
- Net Assets: $17,070,980
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
WURLITZER ORGAN CONCERT
Revenue
$25,812
TOURS OF HISTORIC MUSIC HALL
Revenue
$19,837
Organization Details
Founding Year
1992
Phone
(513) 744-3306Principal Officer
Mark Weadick
Main Address
1241 ELM STREET, CINCINNATI, OH, 45202
Website
www.friendsofmusichall.orgNTEE Category
Code: A61I - Arts
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