Overview
What is Tuesday Musical Association?
Tuesday Musical Association, situated in Akron, Ohio, functions as a nonprofit organization with a primary goal of promoting and preserving the appreciation of arts on an international scale. They enrich the cultural landscape of Greater Akron and Northeast Ohio by bridging exceptional performers with audiences, students, and members, thereby amplifying the transformative power of music within their community. This is accomplished through captivating performances, dynamic collaborations with the local community, engaging educational programs, and a loyal membership committed to honoring the organization's grassroots origins as a collective established by and for music enthusiasts. With a small team of three dedicated individuals, Tuesday Musical Association continues to contribute to the artistic and cultural growth of the region.
Official website here: www.tuesdaymusical.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 48%, Zero-Star out of Four Star Rating
The Tuesday Musical Association has received a 48% rating from Charity Navigator, indicating significant concerns regarding its accountability and financial practices. Despite having a fully independent board and no material diversion of assets, weaknesses in key areas such as the lack of a whistleblower policy and incomplete financial transparency have contributed to a low overall score.
On the positive side, the organization has demonstrated strong governance with 100% independent board members and a well-structured audit and oversight committee. This commitment to independence is reflected in their board structure and policies related to conflicts of interest. However, this does not compensate for the shortcomings in their financial reporting and policy adherence.
The association's financial health is also a concern, with a program expense ratio of only 49.63% and a liabilities to assets ratio of 8.49%. These figures suggest that the organization may not be effectively utilizing its resources for its intended mission, leading to potential implications for donor trust and support. Overall, while there are commendable governance practices, the nonprofit faces challenges that need to be addressed to improve its rating and operational effectiveness.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Tuesday Musical Association?
66% of reviewers on Facebook recommend Tuesday Musical Association. Here is a summary of their reviews:
Many patrons appreciate the organization for its effort in bringing outstanding internationally-acclaimed classical musicians to Akron, highlighting the quality of the performances. Supporters express enthusiasm about the variety and caliber of musical events hosted, emphasizing the cultural enrichment these concerts bring to the community.
However, with only a portion of users endorsing the association, some may find that their expectations regarding events or community engagement could vary. Overall, while the nonprofit has its dedicated fans who recognize its contributions to the local arts scene, there's potential for growth in terms of wider community appeal and attendance.
This AI summary has been generated from reviews found on Facebook.
Is Tuesday Musical Association legitimate?
Tuesday Musical Association is a legitimate nonprofit organization registered as a 501(c)(3) entity. Tuesday Musical 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $96,800
For more financial information, click here
Official website here: www.tuesdaymusical.org
What is the mission statement of Tuesday Musical Association?
The Tuesday Musical Association enriches the cultural life of its community by connecting exceptional performers with audiences, students, and members in meaningful ways. This is accomplished through distinctive, appealing, and accessible performances, dynamic collaborations with the community, impactful education programs, and an engaged membership that honors its legacy as a grassroots organization created by and for music lovers. By doing so, the association advances the positive power of music in their community.
Official website here: www.tuesdaymusical.org
What is the revenue of Tuesday Musical Association?
Tuesday Musical Association's revenue in 2024 was $910,300.
Official website here: www.tuesdaymusical.org
Who are the executives of Tuesday Musical Association and what are their salaries?
The average compensation at Tuesday Musical Association during 2024 was $32,267. There are 3 employees and 65 volunteers at Tuesday Musical Association.
Here are 18 key members and their salaries:
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Official website here: www.tuesdaymusical.org
Where can I find the form 990 for Tuesday Musical Association?
Tuesday Musical Association's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.tuesdaymusical.org
Learn more at the official website: www.tuesdaymusical.org
Mission Statement of Tuesday Musical Association
Tuesday Musical Association enriches the cultural landscape of Greater Akron and Northeast Ohio by bridging the gap between exceptional performers, audiences, students, and members in impactful ways. This is achieved through distinctive, appealing, and accessible performances; dynamic collaborations with the community; meaningful education programs; and an engaged membership that honors the organization's legacy as a grassroots organization founded by music enthusiasts. By advancing the positive influence of music in their community, Tuesday Musical Association aims to create a vibrant and harmonious cultural environment.
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Impact
October, 2024
Tuesday Musical Association enriches the cultural landscape of Greater Akron and Northeast Ohio by connecting exceptional performers with audiences while promoting the transformative power of music. Through distinctive and accessible performances, it fosters a vibrant arts community that caters to diverse tastes and preferences.
The organization actively engages with local communities, creating dynamic collaborations that enhance the appreciation for the arts. Its commitment to meaningful education programs ensures that students and future generations have access to music, fostering not only appreciation but also participation in the arts. With an engaged membership that honors its grassroots roots, Tuesday Musical Association serves as a vital link between music lovers and the rich tapestry of musical talent, elevating the cultural experience for all involved.
This information is meant to be a general summary of Tuesday Musical 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 2024.
- Investment Income: $121,298
- Program Service Revenue: $244,762
- Gross Receipts: $2,985,804
Assets and Liabilities:
- Total Assets: $5,120,715
- Total Liabilities: $435,053
- Net Assets: $4,685,662
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CONCERT TICKET SALES
Revenue
$216,783
MEMBERSHIP DUES
Revenue
$8,473
SCHOLARSHIP APPLICATION FEES
Revenue
$4,832
Organization Details
Founding Year
1887
Principal Officer
Cynthia Snider
Website
www.tuesdaymusical.orgNTEE Category
Code: A68Z - Arts
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