Overview
What is Northwest Indiana Symphony Society?
The Northwest Indiana Symphony Society is a distinguished nonprofit organization located at 1040 Ridge Road, Munster, IN 46321. Their primary mission is to produce symphony concerts, fostering opportunities for enjoyment and broadening interest in diverse music. By providing high-quality orchestral programming, the Northwest Indiana Symphony serves as a cultural unifying force within the local communities of Northwest Indiana. With a dedicated workforce of 89 individuals, this esteemed organization continues to contribute to the artistic landscape and promote musical appreciation.
Official website here: www.nisorchestra.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97%, Four-Star out of Four Star rating.
The Northwest Indiana Symphony Society has achieved a commendable Four-Star rating from Charity Navigator, reflecting its strong emphasis on accountability and finance. With a score of 97%, the organization demonstrates effective financial management and governance, which is essential for maintaining donor trust and operational transparency. The high score in accountability is attributed to its independent board composition and robust oversight mechanisms.
A notable strength of the Symphony Society is its commitment to best practices in governance, as evidenced by the full marks it received for having a majority of independent board members and for its comprehensive audit and oversight committee. Furthermore, it has well-documented policies in place, including conflict of interest and whistleblower policies, which bolster its credibility and accountability to stakeholders.
However, while the organization has a strong program expense ratio of 67.91%, there is always room for improvement in ensuring that a higher percentage of its funds directly support programmatic activities. Overall, the Northwest Indiana Symphony Society exemplifies a well-managed nonprofit dedicated to upholding excellent standards in both accountability and financial practices.
This AI summary has been generated from information found on Charity Navigator.
Is Northwest Indiana Symphony Society legitimate?
Northwest Indiana Symphony Society is a legitimate nonprofit organization registered as a 501(c)(3) entity. Northwest Indiana Symphony Society 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: $43,286
Professional Fundraising Fees: $0
Other Salaries and Wages: $447,683
For more financial information, click here
Official website here: www.nisorchestra.org
What is the mission statement of Northwest Indiana Symphony Society?
The Northwest Indiana Symphony Society is committed to providing top-notch orchestral programming, fostering enjoyment and broadening interest in a variety of music. Acting as a cultural cornerstone, the symphony serves as a unifying force for communities in Northwest Indiana. Its mission is to promote opportunities for engagement and enhance understanding of diverse musical genres. The society's primary activity involves producing symphony concerts for the general public.
Official website here: www.nisorchestra.org
Who is the CEO of Northwest Indiana Symphony Society?
David Mika is the President of Northwest Indiana Symphony Society.
Official website here: www.nisorchestra.org
What is the revenue of Northwest Indiana Symphony Society?
Northwest Indiana Symphony Society's revenue in 2022 was $1,082,981.
Official website here: www.nisorchestra.org
Who are the executives of Northwest Indiana Symphony Society and what are their salaries?
The average compensation at Northwest Indiana Symphony Society during 2022 was $5,517. There are 89 employees and 141 volunteers at Northwest Indiana Symphony Society.
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Official website here: www.nisorchestra.org
Where can I find the form 990 for Northwest Indiana Symphony Society?
Northwest Indiana Symphony Society's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.nisorchestra.org
Learn more at the official website: www.nisorchestra.org
Mission Statement of Northwest Indiana Symphony Society
The Northwest Indiana Symphony Society is committed to providing high-quality orchestral programming that encourages enjoyment and broadens interest in diverse music. Acting as a cultural asset, this organization serves as a unifying force within various communities in Northwest Indiana. Through its symphony concerts, the Northwest Indiana Symphony Society aims to foster an appreciation for music and its richness, ultimately promoting harmony and understanding among people.
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Impact
October, 2024
The Northwest Indiana Symphony Society significantly enriches the cultural landscape of the region by providing high-quality orchestral programming. Its concerts and performances not only offer entertainment but also foster a deeper appreciation for a variety of musical styles, engaging diverse audiences.
As a cultural asset, the symphony acts as a unifying force within Northwest Indiana communities, bringing together people from different backgrounds and fostering a sense of community connection through shared musical experiences. By promoting understanding and enjoyment of diverse music, the Northwest Indiana Symphony Society plays a crucial role in enhancing the quality of life in the area, inspiring both residents and visitors to explore the richness of the arts.
This information is meant to be a general summary of Northwest Indiana Symphony Society. 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: $3,934
- Program Service Revenue: $271,756
- Gross Receipts: $1,165,003
Assets and Liabilities:
- Total Assets: $891,721
- Total Liabilities: $109,455
- Net Assets: $782,266
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TICKETS
Revenue
$235,223
AD SALES
Revenue
$36,533
Organization Details
Founding Year
1941
Phone
(219) 836-0525Principal Officer
David Mika
Main Address
1040 RIDGE ROAD, MUNSTER, IN, 46321
Website
www.nisorchestra.orgNTEE Category
Code: A690 - Arts
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