Overview
What is Fort Wayne Philharmonic Orchestra Inc?
Fort Wayne Philharmonic Orchestra Inc, based in Fort Wayne, Indiana, is a thriving civic nonprofit organization. Its primary objective is to offer both entertainment and educational experiences in music to the local community. With a concert season lasting around 28 weeks, the orchestra engages approximately 15,000 individuals through live performances. Additionally, its educational programs reach out to an estimated 40,000 individuals, instilling a lifelong appreciation for music across various orchestral spectra. The mission of Fort Wayne Philharmonic Orchestra Inc is to foster and cultivate this passion for music through live concerts and educational initiatives. With a dedicated workforce of 230 employees, this esteemed organization continues to enrich the cultural landscape of Fort Wayne.
Official website here: www.fwphil.org
What are the reviews and ratings of this charity?
**Charity Navigator Rating: 97% (Four-Star out of Four Stars)**
The Fort Wayne Philharmonic Orchestra Inc boasts an impressive 97% rating from Charity Navigator, receiving a four-star designation primarily due to its complete accountability and finance score. The organization excels in governance with a fully independent board and strong financial practices, demonstrating a robust commitment to ethical and transparent operations. Notably, there are no material diversions of assets, and the organization maintains effective policies regarding conflict of interest and whistleblowing.
The fiscal health of the Philharmonic is evident through its high program expense ratio of 76.92%, indicating that a substantial portion of its funds supports programs directly. With a strong fundraising efficiency and significant working capital, the organization is well-positioned to sustain its long-term activities and fulfill its mission. These strengths suggest that donors can have confidence in the organization's financial integrity and impact.
Unfortunately, user reviews from GreatNonprofits were not available for this charity, so individual sentiments from the community are not reflected in this summary. Nonetheless, the available financial and governance data presents a positive view of the Fort Wayne Philharmonic Orchestra Inc as a well-managed nonprofit.
This AI summary has been generated from information found on Charity Navigator.
Is Fort Wayne Philharmonic Orchestra Inc legitimate?
Fort Wayne Philharmonic Orchestra Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Fort Wayne Philharmonic 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: $227,937
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,386,512
For more financial information, click here
Official website here: www.fwphil.org
What is the mission statement of Fort Wayne Philharmonic Orchestra Inc?
The Fort Wayne Philharmonic Orchestra Inc's mission is centered around fostering and instilling a lifelong love for music across various orchestral genres. They achieve this through live performances and educational experiences. The orchestra's mission is to inspire a deep-seated appreciation for music within its audience, serving as a not-for-profit civic organization. During their approximately 28-week concert season, they entertain approximately 15,000 individuals directly and reach out to around 40,000 individuals through their educational programs.
Official website here: www.fwphil.org
Who is the CEO of Fort Wayne Philharmonic Orchestra Inc?
Chuck Surack is the Managing Dir of Fort Wayne Philharmonic Orchestra Inc.
Official website here: www.fwphil.org
What is the revenue of Fort Wayne Philharmonic Orchestra Inc?
Fort Wayne Philharmonic Orchestra Inc's revenue in 2022 was $8,770,927.
Official website here: www.fwphil.org
Who are the executives of Fort Wayne Philharmonic Orchestra Inc and what are their salaries?
The average compensation at Fort Wayne Philharmonic Orchestra Inc during 2022 was $11,367. There are 230 employees and 150 volunteers at Fort Wayne Philharmonic Orchestra Inc.
Here are 33 key members and their salaries:
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Official website here: www.fwphil.org
Where can I find the form 990 for Fort Wayne Philharmonic Orchestra Inc?
Fort Wayne Philharmonic Orchestra Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.fwphil.org
Learn more at the official website: www.fwphil.org
Mission Statement of Fort Wayne Philharmonic Orchestra Inc
The Fort Wayne Philharmonic Orchestra Inc, a civic not-for-profit organization, is dedicated to fostering and instilling a lifelong love of music across the orchestral spectrum. They achieve this mission through live performances and educational experiences. By providing musical entertainment and education to the community, the Philharmonic aims to inspire and connect individuals with various genres of music. Their concert season, roughly 28 weeks long, serves approximately 15,000 individuals, while their educational programs reach out to an estimated 40,000 individuals. The Philharmonic's mission is to make music an essential part of people's lives, fostering a deep appreciation and connection with this universal language.
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Impact
October, 2024
The Fort Wayne Philharmonic Orchestra Inc significantly enriches the local community by fostering a deep appreciation for music through live performances and educational initiatives. With a concert season spanning approximately 28 weeks, the orchestra engages around 15,000 individuals annually, providing them with a variety of musical entertainment that spans the orchestral spectrum.
Beyond entertainment, the orchestra serves as a vital educational resource, reaching approximately 40,000 individuals through its educational programs. These initiatives aim to inspire and instill a lifelong love of music in people of all ages, creating cultural and artistic engagement within the region. The orchestra's commitment to community involvement not only enhances cultural life but also supports personal development and social cohesion through the shared experience of music.
This information is meant to be a general summary of Fort Wayne Philharmonic 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: $1,197,715
- Program Service Revenue: $1,016,656
- Gross Receipts: $17,468,603
Assets and Liabilities:
- Total Assets: $31,943,005
- Total Liabilities: $609,838
- Net Assets: $31,333,167
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CONCERT REVENUE
Revenue
$1,016,656
Organization Details
Founding Year
1944
Phone
(260) 481-0770Principal Officer
Chuck Surack
Main Address
4901 FULLER DRIVE, FORT WAYNE, IN, 46835
Website
www.fwphil.orgNTEE Category
Code: A690 - Arts
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