Overview
What is Academy Of Music Of The Paderewski Symphony Orchestra?
The Academy of Music of the Paderewski Symphony Orchestra is a nonprofit organization situated in Chicago, Illinois. Their primary mission is to foster an appreciation for the arts, with a specific focus on music. They achieve this by organizing musical camps and schools within the city. By doing so, they contribute to nurturing an understanding and love for music within their community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 55% (One-Star out of Four Stars)
The Academy Of Music Of The Paderewski Symphony Orchestra has received a low rating of 55%, resulting in a One-Star designation. This rating indicates significant concerns regarding the organization's accountability and financial practices. While they scored well in aspects such as having an independent board and showing no material diversion of assets, the absence of essential policies and documentation is notable.
Strengths of the organization include a high program expense ratio of 84.27%, suggesting that a substantial portion of their budget is directed towards their mission-related programs. Additionally, the board is fully independent, which is a positive indicator of governance. However, the charity's lack of a conflict of interest policy, whistleblower policy, and missing financial documentation on its website detracts significantly from its accountability score.
Limitations are further highlighted by a troubling liabilities to assets ratio of 70.26%, which raises concerns about financial health. The absence of critical policies and required documents indicates potential governance issues that could affect the organization's operations and transparency. Overall, while there are strengths in program spending and board independence, the shortcomings in policy adherence and transparency warrant caution for potential donors and stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Academy Of Music Of The Paderewski Symphony Orchestra legitimate?
Academy Of Music Of The Paderewski Symphony Orchestra is a legitimate nonprofit organization registered as a 501(c)(3) entity. Academy Of Music Of The Paderewski Symphony Orchestra 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: $187,389
Professional Fundraising Fees: $0
Other Salaries and Wages: $56,206
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What is the mission statement of Academy Of Music Of The Paderewski Symphony Orchestra?
The Academy of Music of the Paderewski Symphony Orchestra works towards fostering an appreciation for the arts, with a particular focus on music. They achieve this goal by arranging musical camps and schools, providing opportunities for engagement and learning in Chicago, Illinois. By organizing these events, the academy aims to inspire a deeper understanding and enjoyment of music among its participants. Through these initiatives, the Academy of Music contributes to the broader cultural landscape, encouraging the growth and preservation of musical traditions.
Who is the CEO of Academy Of Music Of The Paderewski Symphony Orchestra?
Barbara Bilszta Niewrzol is the Director of Academy Of Music Of The Paderewski Symphony Orchestra.
What is the revenue of Academy Of Music Of The Paderewski Symphony Orchestra?
Academy Of Music Of The Paderewski Symphony Orchestra's revenue in 2022 was $456,061.
Who are the executives of Academy Of Music Of The Paderewski Symphony Orchestra and what are their salaries?
Here are 27 key members and their salaries:
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Where can I find the form 990 for Academy Of Music Of The Paderewski Symphony Orchestra?
Academy Of Music Of The Paderewski Symphony Orchestra's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Academy Of Music Of The Paderewski Symphony Orchestra
The Academy of Music of the Paderewski Symphony Orchestra is dedicated to fostering a love for the arts, particularly music. To achieve this mission, the organization arranges musical camps and schools within Chicago, Illinois. By doing so, the Academy of Music of the Paderewski Symphony Orchestra contributes to the broader community, encouraging individuals to appreciate and engage with music on a deeper level.
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Impact
July, 2024
The impact of the Academy of Music of the Paderewski Symphony Orchestra is evident in its dedicated effort to promote an appreciation of the arts, specifically music, within the community of Chicago, IL. By organizing musical camps and schools, this organization provides valuable opportunities for individuals to explore and develop their musical talents. These initiatives not only foster a love for music but also contribute to the cultural enrichment of the area. Through its mission, the Academy of Music of the Paderewski Symphony Orchestra plays a vital role in nurturing future generations of musicians and cultivating a vibrant arts scene in Chicago.
This information is meant to be a general summary of Academy Of Music Of The Paderewski Symphony Orchestra. 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.
- Program Service Revenue: $363,267
- Gross Receipts: $456,061
Assets and Liabilities:
- Total Assets: $1,668,975
- Total Liabilities: $1,236,816
- Net Assets: $432,159
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SCHOOL & CAMP FEES
Revenue
$363,267
Organization Details
Founding Year
2000
Phone
(773) 594-0704Principal Officer
Barbara Bilszta Niewrzol
Main Address
5400 N LAWLER AVE, CHICAGO, IL, 60630
NTEE Category
Code: A69 - Arts
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