Overview
What is Greater Akron Musical Association Inc?
Greater Akron Musical Association Inc, located in Akron, Ohio, is a nonprofit organization with a mission to enrich the community by promoting education and musical excellence. This is accomplished through the sponsorship of various musical groups, including the Akron Symphony Orchestra, Akron Youth Symphony, and Akron Symphony Chorus. The association's activities aim to enhance the quality of life in their community, going beyond just music with initiatives like Gospel Meets Symphony, Concert for Kids, and Link Up. With a workforce of 256 individuals, the Greater Akron Musical Association Inc continues to make a significant contribution to the cultural and educational landscape of Akron, Ohio.
Official website here: www.akronsymphony.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Star rating)
The Greater Akron Musical Association Inc has achieved an impressive 96% rating from Charity Navigator, reflecting a strong commitment to accountability and financial health. This high score is exclusively based on their Accountability & Finance metrics, indicating that the organization operates with transparency and adheres to best practices in governance.
Strengths of the organization include a fully independent board, which consists of 35 members, and a solid financial oversight structure with no material diversions of assets noted. Their financial statements are rigorously monitored, which provides assurance to donors regarding the prudent use of funds. Additionally, the organization demonstrates effective policies in place for conflict of interest, whistleblower protections, and document retention.
However, while the focus on accountability is commendable, the summary does not provide insights into the overall effectiveness of the programs or community impact. Potential donors might want to seek further information about the organization's specific initiatives and outcomes to gain a complete understanding of their contributions to the community.
This AI summary has been generated from information found on Charity Navigator.
Is Greater Akron Musical Association Inc legitimate?
Greater Akron Musical Association Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Greater Akron Musical 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: $70,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $846,347
For more financial information, click here
Official website here: www.akronsymphony.org
What is the mission statement of Greater Akron Musical Association Inc?
The Greater Akron Musical Association Inc's mission is centered around enhancing the quality of life in the community through education and musical excellence. To actualize this mission, the association presents various musical events and programs, including the Akron Symphony Orchestra, Akron Symphony Chorus, Akron Youth Symphony, Gospel Meets Symphony, Concert for Kids, and various educational initiatives such as LINK UP. These programs aim to promote musical growth and learning, ultimately enriching the lives of the community members.
Official website here: www.akronsymphony.org
Who is the CEO of Greater Akron Musical Association Inc?
Thomas Crookes is the Principal Officer of Greater Akron Musical Association Inc.
Official website here: www.akronsymphony.org
What is the revenue of Greater Akron Musical Association Inc?
Greater Akron Musical Association Inc's revenue in 2022 was $1,949,646.
Official website here: www.akronsymphony.org
Who are the executives of Greater Akron Musical Association Inc and what are their salaries?
The average compensation at Greater Akron Musical Association Inc during 2022 was $3,579. There are 256 employees and 200 volunteers at Greater Akron Musical Association Inc.
Here are 32 key members and their salaries:
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Official website here: www.akronsymphony.org
Where can I find the form 990 for Greater Akron Musical Association Inc?
Greater Akron Musical Association Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.akronsymphony.org
Learn more at the official website: www.akronsymphony.org
Mission Statement of Greater Akron Musical Association Inc
The Greater Akron Musical Association Inc, in its mission, strives to enhance the quality of life within the community by promoting education and musical excellence. In line with this mission, the association presents various musical entities such as the Akron Symphony Orchestra, Akron Symphony Chorus, Akron Youth Symphony, Gospel Meets Symphony, Concert for Kids, and a variety of educational programs. By sponsoring these musical groups, the Greater Akron Musical Association Inc contributes to the cultural richness and intellectual growth of its community, providing opportunities for both audience engagement and artistic development.
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Impact
October, 2024
Greater Akron Musical Association Inc enhances the quality of life in the community through a dedicated focus on education and musical excellence. By sponsoring the Akron Symphony Orchestra, Akron Youth Symphony, and Akron Symphony Chorus, the organization plays a vital role in nurturing local talent and providing cultural enrichment for residents. Through various programs such as Gospel Meets Symphony, Concert for Kids, and Link Up, they foster a love for music among diverse audiences, encouraging engagement and participation across all age groups. Their commitment to musical education not only elevates the local arts scene but also contributes to a vibrant, connected community.
This information is meant to be a general summary of Greater Akron Musical 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: $72
- Program Service Revenue: $240,092
- Gross Receipts: $1,996,573
Assets and Liabilities:
- Total Assets: $861,062
- Total Liabilities: $686,900
- Net Assets: $174,162
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TICKET SALE REVENUE
Revenue
$164,809
CONTRACT INCOME
Revenue
$53,300
OTHER PROGRAM SERVICES
Revenue
$21,983
Organization Details
Founding Year
1953
Phone
(330) 535-8131Principal Officer
Thomas Crookes
Main Address
92 NORTH MAIN STREET, AKRON, OH, 44308
Website
www.akronsymphony.orgNTEE Category
Code: A690 - Arts
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