Overview
What is Green Mountain Chamber Music Festival Inc?
Green Mountain Chamber Music Festival Inc is a renowned nonprofit organization situated in Amherst, Massachusetts. With a mission to foster the advancement of chamber music, they host an annual four-week program for 213 aspiring young string musicians on the brink of professional careers. The event takes place at St. Michael's College in Colchester, Vermont. The Festival is led by 40 distinguished artist faculty members who share their expertise through concerts and workshops. The Festival also boasts an outreach program, Classical Encounters, which presents emerging artists in free performances at various venues in Burlington and surrounding areas. The organization prides itself on a dedicated workforce of four individuals.
Official website here: www.gmcmf.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (73%, Two-Star out of Four Star rating)
The Green Mountain Chamber Music Festival Inc has received a Two-Star rating from Charity Navigator, indicating a need for improvement in its overall accountability and finance practices. The organization scored well on certain metrics, such as having a majority of independent board members and a strong program expense ratio, reflecting a commitment to its mission. However, significant weaknesses were noted in financial transparency, as evidenced by the absence of financial statements and several policy documents.
Despite the lack of financial statements, the festival demonstrates a low liabilities to assets ratio, which suggests it is managing its debts effectively. However, the missing whistleblower and document retention policies raise concerns about governance practices. These gaps in accountability can hinder trust from potential donors and stakeholders, highlighting an area where the organization needs to focus its improvement efforts.
While the organization shows promise with high program expense ratios, indicating that most funds go directly to its programs, the lack of essential financial documentation and policies may affect its long-term sustainability. Addressing these areas could enhance its rating and foster greater donor confidence in its financial stewardship.
This AI summary has been generated from information found on Charity Navigator.
Is Green Mountain Chamber Music Festival Inc legitimate?
Green Mountain Chamber Music Festival Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Green Mountain Chamber Music Festival 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: $28,868
Professional Fundraising Fees: $0
Other Salaries and Wages: $36,000
For more financial information, click here
Official website here: www.gmcmf.org
What is the mission statement of Green Mountain Chamber Music Festival Inc?
The Green Mountain Chamber Music Festival Inc is dedicated to fostering the growth and advancement of chamber music. Through its mission, the organization facilitates teaching, learning, and performance opportunities for budding professional string musicians. The Festival hosts an annual four-week program on a college campus, attracting talented students from across the United States. Distinguished artist faculty members share their expertise through concerts and workshops, while the outreach program, Classical Encounters, provides free performances in local venues, showcasing emerging artists. The Festival's goal is to nurture the next generation of chamber music performers.
Official website here: www.gmcmf.org
Who is the CEO of Green Mountain Chamber Music Festival Inc?
Tse-Sheng E Chang is the President of Green Mountain Chamber Music Festival Inc.
Official website here: www.gmcmf.org
What is the revenue of Green Mountain Chamber Music Festival Inc?
Green Mountain Chamber Music Festival Inc's revenue in 2022 was $887,864.
Official website here: www.gmcmf.org
Who are the executives of Green Mountain Chamber Music Festival Inc and what are their salaries?
The average compensation at Green Mountain Chamber Music Festival Inc during 2022 was $16,217. There are 4 employees and 12 volunteers at Green Mountain Chamber Music Festival Inc.
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- Compensation: $14,200
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Official website here: www.gmcmf.org
Where can I find the form 990 for Green Mountain Chamber Music Festival Inc?
Green Mountain Chamber Music Festival Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.gmcmf.org
Learn more at the official website: www.gmcmf.org
Mission Statement of Green Mountain Chamber Music Festival Inc
Green Mountain Chamber Music Festival, as a nonprofit organization, is committed to fostering the growth and advancement of chamber music. Its mission is twofold: to encourage the learning and mastery of chamber music, and to provide a platform for its performance. The festival accomplishes this by hosting an annual four-week program for talented young string players on the brink of professional careers. This event takes place at St. Michael's College in Colchester, Vermont. During this period, students receive intensive training from a distinguished faculty of 40 artists. The festival also extends its reach beyond the campus, with an outreach program called Classical Encounters. This initiative presents the Festival's emerging artists in free performances at various venues in Burlington and other areas. Through these activities, Green Mountain Chamber Music Festival plays a significant role in nurturing the talent of the next generation of chamber music performers.
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Impact
July, 2024
Green Mountain Chamber Music Festival Inc's impact can be seen through its annual intensive four-week program held on the campus of St. Michael's College in Colchester, Vermont. With a focus on promoting the teaching, learning, and performance of chamber music, the festival welcomed 213 young string players from across the U.S. who are on the cusp of their professional careers. The festival's 40 distinguished artist faculty members showcased their talent through a series of eight well-attended concerts, engaging the community with the beauty of chamber music. Additionally, the outreach program Classical Encounters provided emerging artists with the opportunity to perform in free concerts in Burlington and surrounding areas, further spreading the joy of chamber music. Through these initiatives, Green Mountain Chamber Music Festival Inc is making a significant impact on the education and appreciation of chamber music among young musicians and audiences alike.
This information is meant to be a general summary of Green Mountain Chamber Music Festival 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: $1,006
- Program Service Revenue: $832,520
- Gross Receipts: $887,864
Assets and Liabilities:
- Total Assets: $293,029
- Total Liabilities: $2,928
- Net Assets: $290,101
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Tuition and fees
Revenue
$824,620
Concert ticket sales
Revenue
$7,900
Organization Details
Founding Year
2004
Phone
(646) 228-5472Principal Officer
Tse-Sheng E Chang
Main Address
36 Sheerman Lane, Amherst, MA, 01002
Website
www.gmcmf.orgNTEE Category
Code: B99 - Education
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