Overview
What is Grant Park Orchestral Association?
The Grant Park Orchestral Association, as per the provided information, is a nonprofit organization that spearheaded the establishment of the Grant Park Music Festival in 1935, under the auspices of the Chicago Park District. This event is distinguished as the country's sole, freely accessible, and municipally-backed classical music festival held outdoors. While the specifics of their day-to-day activities or mission statement were not detailed in the information, the Grant Park Music Festival's existence underscores the association's commitment to promoting and providing accessible classical music to the public.
Official website here: www.gpmf.org
What are the reviews and ratings of this charity?
The Grant Park Orchestral Association has received a 92% score from Charity Navigator, earning it a prestigious Four-Star out of Four Star rating. This rating reflects its strong performance in key areas such as accountability and financial health. The organization impressed with a perfect score in categories including independent board members, financial policies, and its lack of liabilities.
The Charity Navigator rating showcases the organization's commitment to maintaining a transparent and well-governed operation. Despite the absence of an impact score, the high program expense ratio of over 72% indicates a strong focus on fulfilling its mission. Additionally, their fundraising efficiency and working capital ratio are exemplary, suggesting a sustainable financial strategy.
While the overall data reflects a robust and responsible organization, there are a few areas requiring improvement, such as document retention and the distribution of tax forms to the board. These gaps do not significantly detract from its overall high rating but do indicate room for enhanced governance practices. User feedback from GreatNonprofits is unavailable, so public sentiment from that platform cannot be assessed.
This AI summary has been generated from information found on Charity Navigator.
Is Grant Park Orchestral Association legitimate?
Grant Park Orchestral Association is a legitimate nonprofit organization registered as a 501(c)(3) entity. Grant Park Orchestral Association 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: $296,019
Professional Fundraising Fees: $12,981
Other Salaries and Wages: $3,734,694
For more financial information, click here
Official website here: www.gpmf.org
What is the mission statement of Grant Park Orchestral Association?
The Grant Park Orchestral Association, through its flagship event, the Grant Park Music Festival, has a mission to provide free, outdoor, classical music performances, supported by the Chicago Park District. This tradition, started in 1935, makes it the nation's only such festival. The association's mission is to make classical music accessible to a wide audience, fostering appreciation and enjoyment of this art form in an open and inclusive setting.
Official website here: www.gpmf.org
Who is the CEO of Grant Park Orchestral Association?
Paul Winberg is the CEO of Grant Park Orchestral Association The CEO's salary of Grant Park Orchestral Association is $267,236 and their total compensation is $296,018.
Official website here: www.gpmf.org
What is the revenue of Grant Park Orchestral Association?
Grant Park Orchestral Association's revenue in 2023 was $12,260,099.
Official website here: www.gpmf.org
Who are the executives of Grant Park Orchestral Association and what are their salaries?
The average compensation at Grant Park Orchestral Association during 2023 was $10,894. There are 370 employees and 90 volunteers at Grant Park Orchestral Association.
Here are 49 key members and their salaries (Grant Park Orchestral Association's CEO's salary is $267,236 and their total compensation is $296,018):
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Official website here: www.gpmf.org
Where can I find the form 990 for Grant Park Orchestral Association?
Grant Park Orchestral Association's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.gpmf.org
Learn more at the official website: www.gpmf.org
Mission Statement of Grant Park Orchestral Association
The Grant Park Orchestral Association, established in 1935 by the Chicago Park District, serves an unique role in the classical music scene. This nonprofit organization is responsible for the Grant Park Music Festival, which stands out as the nation's only free, open-air, and municipally-supported classical music event. This festival continues to thrive, offering music enthusiasts the opportunity to enjoy classical tunes under the open sky, free of charge.
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Impact
October, 2024
The Grant Park Orchestral Association significantly enriches the cultural landscape of Chicago through the Grant Park Music Festival, the only free, outdoor, municipally-supported classical music festival in the United States. Founded in 1935, this festival provides accessible, high-quality classical music performances to the public, fostering a love for the arts and encouraging community engagement. By offering a platform for both renowned musicians and emerging artists, it contributes to the vibrancy of the local arts scene. The festival not only enhances the cultural fabric of the city but also promotes music appreciation among diverse audiences, inviting people from all walks of life to experience classical music in a unique outdoor setting. The organization’s commitment to free access ensures that anyone can enjoy the beauty of orchestral music, making it a vital part of Chicago’s heritage and community life.
This information is meant to be a general summary of Grant Park Orchestral Association. 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 2023.
- Investment Income: $388,679
- Program Service Revenue: $121,768
- Gross Receipts: $12,444,316
Assets and Liabilities:
- Total Assets: $15,549,160
- Total Liabilities: $334,912
- Net Assets: $15,214,248
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM REIMBURSEMENTS
Revenue
$121,768
Organization Details
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