Overview
What is Illinois Symphony Orchestra Inc?
The Illinois Symphony Orchestra Inc, located in Springfield, Illinois, is a nonprofit organization with a focus on music education and appreciation. With a team of 151 dedicated individuals, they strive to train and educate musicians, fostering their talents. Their primary mission is to encourage the enjoyment of symphonic music by presenting captivating concert performances. The orchestra's activities are aimed at promoting the value of symphony music, enriching the local community and beyond.
Official website here: www.ilsymphony.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 79% (Three-Star out of Four Star Rating)
The Illinois Symphony Orchestra Inc has received a score of 79%, reflecting a Three-Star rating primarily based on its Accountability & Finance practices. The high score in this area indicates strong governance and transparency within the organization, with a fully independent board and a commitment to ethical practices such as established conflict of interest and whistleblower policies.
The organization demonstrates a solid financial oversight structure, evidenced by its audit and oversight committee. It has no reported material diversions of assets, which enhances its credibility. The liabilities to assets ratio is low at 6.77%, suggesting a manageable level of debt relative to its assets, contributing positively to its financial health.
However, the program expense ratio of 56.05% indicates that a significant portion of the organization's funding may not be directed towards its core programs, which could raise questions about its operational efficiency. Overall, while the Illinois Symphony Orchestra Inc displays strong governance and financial practices, potential donors may wish to consider its programmatic spending when evaluating its effectiveness.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Illinois Symphony Orchestra Inc?
92% of the 55 reviewers on Facebook express their support for the Illinois Symphony Orchestra Inc. Here's a summary of their reviews:
Many users highlight the unique and emotional experiences the Symphony provides, particularly emphasizing the joy of participation. One grandmother shared a heartfelt moment, mentioning how it felt like a priceless thrill for her grandson to play alongside such talented musicians. This personal touch resonates strongly with supporters, showcasing how the organization fosters a sense of community and passion for music.
Overall, the sentiment is overwhelmingly positive, reflecting satisfaction with the events and opportunities offered by the Illinois Symphony Orchestra. The organization appears to truly engage and delight its audience, creating memorable experiences that resonate with families and music lovers alike.
This AI summary has been generated from reviews found on Facebook.
Is Illinois Symphony Orchestra Inc legitimate?
Illinois Symphony Orchestra Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Illinois Symphony 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: $162,383
Professional Fundraising Fees: $0
Other Salaries and Wages: $543,630
For more financial information, click here
Official website here: www.ilsymphony.org
What is the mission statement of Illinois Symphony Orchestra Inc?
The Illinois Symphony Orchestra Inc's mission is centered around providing education and training for musicians, fostering their growth and development. Additionally, the organization seeks to promote the appreciation of symphonic music by presenting concert performances. This dual focus aims to cultivate a deeper understanding and enjoyment of symphonic music among the wider community. Through these activities, the Illinois Symphony Orchestra Inc contributes to the enrichment of musical culture and talent.
Official website here: www.ilsymphony.org
Who is the CEO of Illinois Symphony Orchestra Inc?
John Kauerauf is the Vp Development of Illinois Symphony Orchestra Inc.
Official website here: www.ilsymphony.org
What is the revenue of Illinois Symphony Orchestra Inc?
Illinois Symphony Orchestra Inc's revenue in 2022 was $1,564,334.
Official website here: www.ilsymphony.org
Who are the executives of Illinois Symphony Orchestra Inc and what are their salaries?
The average compensation at Illinois Symphony Orchestra Inc during 2022 was $4,676. There are 151 employees and 300 volunteers at Illinois Symphony Orchestra Inc.
Here are 28 key members and their salaries:
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- Compensation: $100,250
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- Other: $32,133
Official website here: www.ilsymphony.org
Where can I find the form 990 for Illinois Symphony Orchestra Inc?
Illinois Symphony Orchestra Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.ilsymphony.org
Learn more at the official website: www.ilsymphony.org
Mission Statement of Illinois Symphony Orchestra Inc
The Illinois Symphony Orchestra Inc, a renowned organization, is committed to two primary objectives. Firstly, it focuses on providing comprehensive training and education for musicians. This aspect of its mission aims to nurture the talents of upcoming artists and equip them with the necessary skills to excel in their respective fields.
Secondly, the Illinois Symphony Orchestra Inc strives to foster an appreciation for symphonic music. It achieves this by organizing concert performances. By presenting these performances, the orchestra encourages the public to engage with and understand the richness and beauty of symphonic music. In essence, the Illinois Symphony Orchestra Inc serves as a platform for both the development of musicians and the promotion of symphonic music.
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Impact
October, 2024
Illinois Symphony Orchestra Inc significantly enhances the cultural landscape of Springfield, IL, through its commitment to training and education for musicians. By fostering an environment where musicians can develop their skills, the orchestra not only elevates individual talent but also strengthens the overall quality of local music.
Moreover, through its concert performances, the Illinois Symphony Orchestra plays a vital role in encouraging the appreciation of symphonic music within the community. These performances serve as a bridge between musicians and the audience, creating enriching experiences that deepen the public's understanding and enjoyment of the art form. This cultivation of musical appreciation contributes to a vibrant arts community, promoting creativity and collaboration among local artists and audiences alike. Overall, Illinois Symphony Orchestra Inc’s impact resonates through both educational initiatives and live performances, making significant contributions to the arts in the region.
This information is meant to be a general summary of Illinois Symphony 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: $136,128
- Program Service Revenue: $437,424
- Gross Receipts: $1,988,201
Assets and Liabilities:
- Total Assets: $1,779,627
- Total Liabilities: $22,036
- Net Assets: $1,757,591
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CONCERT REVENUE
Revenue
$227,569
CONCERT SPONSORSHIPS
Revenue
$186,570
CONTRACT PERFORMANCES
Revenue
$13,035
PROGRAM ADVERTISING
Revenue
$10,250
Organization Details
Founding Year
1993
Phone
(217) 522-2838Principal Officer
John Kauerauf
Main Address
501 W ELLIOTT AVENUE, SPRINGFIELD, IL, 62702
Website
www.ilsymphony.orgNTEE Category
Code: A690 - Arts
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