Overview
What is South Bend Symphony Orchestra Association Inc?
South Bend Symphony Orchestra Association Inc, established in Michigan, Indiana, serves as a significant cultural entity in the region. As Michiana's leading professional orchestra, their mission is to inspire, entertain, and connect people with the transformative power of orchestral music. They achieved this in 2023 by presenting 20 mainstage programs, catering to over 23,000 attendees. The orchestra also offered nearly 80 live and virtual opportunities for audience engagement with musicians and the music director, reaching nearly 70,000 individuals. In line with this mission, they organized various community events such as church concerts in celebration of Martin Luther King Jr. Day, a free patriotic concert, and a renewed annual Nutcracker performance with a live orchestra. In 2023, their activities included producing 20 mainstage programs, serving more than 23,000 attendees, and inspiring and connecting with the local community through orchestral music. The organization, employing 255 individuals, operated with a vision to share the beauty and impact of orchestral music with the wider community.
Official website here: www.southbendsymphony.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 93% (Four-Star out of Four Star rating)
The South Bend Symphony Orchestra Association Inc has achieved a strong 93% rating on Charity Navigator, which reflects its commitment to accountability and financial management. This impressive score is derived entirely from its accountability and finance metrics, highlighting the organization's effective governance and transparent practices. The presence of a majority independent board and comprehensive financial oversight further emphasizes its dedication to maintaining high operational standards.
Key strengths include a robust independent board and a solid financial foundation, with no material diversion of assets reported. The organization has implemented essential policies, such as whistleblower and conflict of interest policies, demonstrating a commitment to ethical practices. Additionally, with a program expense ratio of 66.56%, the orchestra allocates a significant portion of its funding to its core activities, showcasing its focus on fulfilling its mission.
While the organization performs well overall, its program expense ratio, though commendable, indicates some room for improvement in directing a larger share of its expenses towards programmatic activities. However, the strong fundraising efficiency and low liabilities to assets ratio suggest that the South Bend Symphony Orchestra Association Inc is well-positioned for sustainable growth and continued impact in the community.
This AI summary has been generated from information found on Charity Navigator.
Is South Bend Symphony Orchestra Association Inc legitimate?
South Bend Symphony Orchestra Association Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. South Bend Symphony Orchestra 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: $138,881
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,037,279
For more financial information, click here
Official website here: www.southbendsymphony.org
What is the mission statement of South Bend Symphony Orchestra Association Inc?
The South Bend Symphony Orchestra Association Inc's mission is to inspire, entertain, and connect people with the transformative power of orchestral music. As the premier professional orchestra in Michigan, they engage the community in exploring orchestral music in various forms. In fiscal 2023, they achieved this by producing 20 mainstage programs, serving over 23,000 attendees, and providing nearly 80 live and virtual opportunities for interacting with musicians. These engagements connected with nearly 70,000 people. Furthermore, the symphony connected with the community through a series of church concerts, a free patriotic concert, and a renewed annual Nutcracker performance with a live orchestra.
Official website here: www.southbendsymphony.org
Who is the CEO of South Bend Symphony Orchestra Association Inc?
Justus Zimmerman is the Music Direct of South Bend Symphony Orchestra Association Inc.
Official website here: www.southbendsymphony.org
What is the revenue of South Bend Symphony Orchestra Association Inc?
South Bend Symphony Orchestra Association Inc's revenue in 2023 was $2,133,538.
Official website here: www.southbendsymphony.org
Who are the executives of South Bend Symphony Orchestra Association Inc and what are their salaries?
The average compensation at South Bend Symphony Orchestra Association Inc during 2023 was $4,612. There are 255 employees and 22 volunteers at South Bend Symphony Orchestra Association Inc.
Here are 26 key members and their salaries:
- Compensation: $114,379
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Official website here: www.southbendsymphony.org
Where can I find the form 990 for South Bend Symphony Orchestra Association Inc?
South Bend Symphony Orchestra Association Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.southbendsymphony.org
Learn more at the official website: www.southbendsymphony.org
Mission Statement of South Bend Symphony Orchestra Association Inc
South Bend Symphony Orchestra Association Inc, as Michigan's leading professional orchestra, aims to inspire, entertain, and connect people with the transformative power of orchestral music. By engaging the community in the exploration of orchestral music in all its forms, this esteemed organization seeks to bring people together and enrich their lives through the medium of music. In their mission, they produce a variety of mainstage programs that attract over 23,000 attendees annually, and offer nearly 80 live and virtual opportunities for the public to interact with musicians and the music director, reaching nearly 70,000 individuals in total. The South Bend Symphony Orchestra Association Inc also connects with the community through church concerts, free patriotic concerts, and a renewed annual production of 'The Nutcracker' with a live orchestra. By providing these diverse experiences, the organization strives to bring people together and foster a deeper appreciation for the transformative power of orchestral music.
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Impact
October, 2024
The South Bend Symphony Orchestra Association Inc plays a vital role in fostering community engagement through the transformative power of orchestral music. By producing 20 mainstage programs, the symphony has reached over 23,000 attendees, showcasing a diverse range of musical experiences, including a groundbreaking city-wide celebration of Día de los Muertos.
In fiscal 2023, the organization offered nearly 80 live and virtual opportunities for the public to connect with musicians and the music director, engaging around 70,000 individuals in music-related interactions. Highlights of their programming included church concerts honoring Martin Luther King Jr. Day, free patriotic concerts, and a revitalized annual presentation of The Nutcracker with live orchestra, thereby enriching the cultural fabric of South Bend and the surrounding Michiana region.
Through its mission to inspire, entertain, and connect people, the South Bend Symphony Orchestra serves as a cornerstone for the community, promoting the exploration of orchestral music in all its forms and ensuring that the arts remain an integral part of the local landscape.
This information is meant to be a general summary of South Bend Symphony Orchestra 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 2023.
- Investment Income: $404,496
- Program Service Revenue: $608,022
- Gross Receipts: $5,029,562
Assets and Liabilities:
- Total Assets: $11,518,713
- Total Liabilities: $400,807
- Net Assets: $11,117,906
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CONCERT REVENUES
Revenue
$545,044
CONTRACT PERFORMANCES
Revenue
$58,750
POSTAGE, HANDLING FEES
Revenue
$4,228
Organization Details
Founding Year
1950
Phone
(574) 232-6343Principal Officer
Justus Zimmerman
Main Address
127 N MICHIGAN ST, SOUTH BEND, IN, 466011603
Website
www.southbendsymphony.orgNTEE Category
Code: A690 - Arts
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