Overview
What is Cedille Chicago Nfp?
Cedille Chicago NFP is a nonprofit organization, primarily located at 4311 N Ravenswood Ave 202, Chicago, Illinois 60613. Their primary mission is to support and promote classical music by Chicago-based musicians and composers. They achieve this by producing and marketing around eight recordings annually, each driven by the artists' interests and aesthetic sensibilities. Cedille takes on the financial responsibilities of each recording, covering production, distribution, and promotion costs, with support from individuals, organizations, and album sales revenue. Their commitment to the artists' careers means that their recordings remain in their catalog, serving as permanent additions to the global classical music collection. The nonprofit's dedication to each release is evident, as they invest heavily in promoting each one to maximize its impact on the artists' careers. With a team of ten employees, Cedille Chicago NFP continues its mission of fostering and showcasing Chicago's classical music talent.
Official website here: www.cedillerecords.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 77% (Three-Star out of Four Star rating)
Cedille Chicago Nfp has achieved a respectable Three-Star rating from Charity Navigator, reflecting its solid performance in accountability and finance as well as community engagement. With an 83% score in Accountability & Finance, the organization demonstrates strong governance and financial transparency, highlighted by its independent board and robust financial oversight measures. The high score indicates that it effectively manages its resources and maintains a good standard of operational practices.
The organization excels in its cultural and community aspects, receiving a standout score of 93%. This is evident from its perfect scores in feedback collection, usage, and constituent feedback, suggesting that it actively engages with and listens to its community members. Such strong community ties and responsiveness are crucial for the effectiveness of nonprofits as they enhance trust and collaboration.
However, the program expense ratio of 52.40% reflects a potential area for improvement, indicating that less than half of its expenses are directed towards program services. This could raise concerns about the efficiency of fund allocation. Overall, while Cedille Chicago Nfp shows strong governance and community engagement, focusing on increasing its program expense ratio could enhance its overall effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Cedille Chicago Nfp legitimate?
Cedille Chicago Nfp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cedille Chicago Nfp 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: $182,100
Professional Fundraising Fees: $0
Other Salaries and Wages: $441,570
For more financial information, click here
Official website here: www.cedillerecords.org
What is the mission statement of Cedille Chicago Nfp?
Cedille Chicago NFP is dedicated to the mission of producing and marketing classical music recordings by local musicians and composers. Their primary activity involves releasing approximately eight albums annually, which are artist-driven and reflect the artists' creative vision and aesthetics. The organization supports the artists by covering the production, distribution, and promotion costs associated with each recording, sourcing funding from individuals and organizations, as well as album sales. Cedille is committed to adding new artists to its roster and ensuring that each album serves as a permanent addition to the global classical music catalog, investing in promotional efforts to maximize the impact on the artists' careers.
Official website here: www.cedillerecords.org
Who is the CEO of Cedille Chicago Nfp?
James Ginsburg is the President of Cedille Chicago Nfp.
Official website here: www.cedillerecords.org
What is the revenue of Cedille Chicago Nfp?
Cedille Chicago Nfp's revenue in 2022 was $1,095,469.
Official website here: www.cedillerecords.org
Who are the executives of Cedille Chicago Nfp and what are their salaries?
The average compensation at Cedille Chicago Nfp during 2022 was $62,367. There are 10 employees and 17 volunteers at Cedille Chicago Nfp.
Here are 21 key members and their salaries:
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Official website here: www.cedillerecords.org
Where can I find the form 990 for Cedille Chicago Nfp?
Cedille Chicago Nfp's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.cedillerecords.org
Learn more at the official website: www.cedillerecords.org
Mission Statement of Cedille Chicago Nfp
Cedille Chicago NFP, a nonprofit organization, is dedicated to the mission of producing and marketing classical music recordings by musicians and composers based in the Chicago area. This mission is driven by a desire to support the careers of these artists, providing them with a platform to showcase their talent and contribute to the global catalog of classical music. Cedille Records releases an average of eight new recordings each year, with projects initiated directly by the artists themselves, reflecting their unique interests and artistic vision. The organization covers the production, distribution, and promotion costs associated with each recording, drawing support from individuals and organizations, as well as revenue generated from album sales. Cedille is committed to maintaining these recordings in its catalog as permanent contributions to the world of classical music, investing heavily in promotion to ensure each release maximizes its impact on the artists' careers.
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Impact
October, 2024
Cedille Chicago plays a significant role in the classical music landscape by producing and marketing recordings that highlight the talent of Chicago-area musicians and composers. By releasing an average of eight recordings annually, Cedille not only showcases local artists but also invests in their professional development, ensuring their voices are heard both locally and internationally.
The artist-driven approach means that each recording project is inspired by the musicians’ individual interests and aesthetic sensibilities, fostering creativity and artistic expression. This commitment to artist collaboration helps elevate the careers of local musicians, offering them vital exposure and recognition within the broader classical music community.
Cedille's rigorous promotion and distribution efforts ensure that each album reaches its intended audience, contributing to the preservation of classical music and the enriching of cultural heritage. By never removing recordings from its catalog, Cedille guarantees that each album remains a permanent fixture in the classical music repertoire, increasing the accessibility of these works for future generations.
In essence, Cedille Chicago enhances the cultural fabric of Chicago while simultaneously nurturing the artistic community, creating a sustainable environment for classical music to thrive.
This information is meant to be a general summary of Cedille Chicago Nfp. 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: $41,379
- Gross Receipts: $3,588,969
Assets and Liabilities:
- Total Assets: $7,714,763
- Total Liabilities: $67,918
- Net Assets: $7,646,845
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Organization Details
Founding Year
1993
Phone
(773) 989-2515Principal Officer
James Ginsburg
Main Address
4311 N RAVENSWOOD AVE 202, CHICAGO, IL, 60613
Website
www.cedillerecords.orgNTEE Category
Code: A33Z - Arts
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