Detroit Symphony Orchestra Endowment Trust Fund Ii

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 382609947 ✦ Detroit, MI ✦ Designated as a 501(c)(3)

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Overview

What is Detroit Symphony Orchestra Endowment Trust Fund Ii?

Detroit Symphony Orchestra Endowment Trust Fund II is a nonprofit entity that dedicates its resources to support the Detroit Symphony Orchestra, Inc. Their primary role is to distribute funds to this esteemed organization, ensuring its continued operation and success. This trust fund plays a significant role in the cultural landscape of Detroit by backing the symphony orchestra, contributing to the city's artistic and musical growth.

Is Detroit Symphony Orchestra Endowment Trust Fund Ii legitimate?

Detroit Symphony Orchestra Endowment Trust Fund Ii is a legitimate nonprofit organization registered as a 501(c)(3) entity. Detroit Symphony Orchestra Endowment Trust Fund Ii 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Detroit Symphony Orchestra Endowment Trust Fund Ii?

The Detroit Symphony Orchestra Endowment Trust Fund II is dedicated to providing support for the Detroit Symphony Orchestra, Inc. This fund's primary mission is to distribute resources to the organization. By doing so, it contributes to the continuation and sustenance of the orchestra's activities and programs. The goal is to ensure the orchestra's continued presence and ability to share music with its audience. The fund serves as a crucial financial backbone, enabling the orchestra to maintain its operations and deliver high-quality performances.

Who is the CEO of Detroit Symphony Orchestra Endowment Trust Fund Ii?

Anne Parsons is the Principal Officer of Detroit Symphony Orchestra Endowment Trust Fund Ii.

What is the revenue of Detroit Symphony Orchestra Endowment Trust Fund Ii?

Detroit Symphony Orchestra Endowment Trust Fund Ii's revenue in 2023 was $64,169.

Who are the executives of Detroit Symphony Orchestra Endowment Trust Fund Ii and what are their salaries?


There is 1 key member and their salary:


Comerica Bank (Trustee)
  • Compensation: $30,207
  • Related: $170,302
  • Other: $0
Where can I find the form 990 for Detroit Symphony Orchestra Endowment Trust Fund Ii?

Detroit Symphony Orchestra Endowment Trust Fund Ii's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Detroit Symphony Orchestra Endowment Trust Fund Ii

Detroit Symphony Orchestra Endowment Trust Fund II is dedicated to providing support for the Detroit Symphony Orchestra, Inc. This endowment fund's mission is to distribute funds to the organization, thereby contributing to its continuous operations and activities. By providing financial assistance, Detroit Symphony Orchestra Endowment Trust Fund II plays a crucial role in ensuring the orchestra's ability to deliver its services and maintain its artistic excellence. The endowment's contributions help the orchestra in various aspects, such as funding for performances, education programs, and community outreach initiatives. By supporting the Detroit Symphony Orchestra, Inc., Detroit Symphony Orchestra Endowment Trust Fund II contributes to the cultural enrichment of the community and the enjoyment of classical music for its audience.

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Impact




October, 2024

The Detroit Symphony Orchestra Endowment Trust Fund II plays a crucial role in sustaining and enhancing the artistic vitality of the Detroit Symphony Orchestra. By providing financial support, the fund enables the orchestra to continue its programming, outreach, and performances. This allows the DSO to maintain high-quality musical offerings, including concerts and community engagement initiatives, which in turn enrich the cultural landscape of Detroit.

Access to funding from the Endowment Trust Fund II ensures that the DSO can pursue innovative projects, attract talented musicians, and broaden its audience base. Such support not only helps preserve the orchestra's legacy but also fosters a vibrant arts community, contributing positively to Detroit's cultural identity. Overall, the fund's impact extends beyond the orchestra itself, enhancing the quality of life for residents and visitors alike through the transformative power of music.




This information is meant to be a general summary of Detroit Symphony Orchestra Endowment Trust Fund Ii. 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.

Revenue
$64,169 (2023)
Expenses
$116,821 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $64,169
  • Gross Receipts: $779,360

Assets and Liabilities:

  • Total Assets: $2,025,327
  • Total Liabilities: $0
  • Net Assets: $2,025,327

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Organization Details

Founding Year

1985

Principal Officer

Anne Parsons

Main Address

3711 WOODWARD AVENUE, DETROIT, MI, 48226

NTEE Category

Code: A69 - Arts

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