Overview
What is Traverse Symphony Orchestra?
The Traverse Symphony Orchestra, established in Traverse City, Michigan, serves as a cultural beacon, catering to audiences of all ages with its captivating symphony music performances. As a dedicated nonprofit, its primary mission is to stimulate and amplify musical knowledge and appreciation among the public. To accomplish this, the orchestra engages in various education activities and symphony performances. With a modest workforce of eight dedicated individuals, its operations are based at 300 E Front Street Suite 230, Traverse City, MI 49684.
Official website here: www.tcphil.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 87%, Three-Star out of Four Star Rating.
Traverse Symphony Orchestra has received an overall score of 87%, reflecting a solid level of accountability and finance management. The organization excels in areas such as having a majority of independent board members and strong oversight mechanisms, evidenced by a perfect score for its audit and oversight committee. However, it does have some gaps in its governance practices, notably a missing conflict of interest policy and whistleblower policy, which could be areas for improvement.
In terms of program efficiency, the orchestra spends a significant portion of its budget on programs, with a program expense ratio of 65%. This suggests a commitment to its mission and the community it serves. Additionally, fundraising efficiency is commendable, with a cost of only $0.09 to raise a dollar, indicating effective fundraising strategies in place.
The organization also scores exceptionally well in culture and community, achieving 100% in feedback collection and usage. This highlights its engagement with stakeholders and responsiveness to their needs. Leadership and adaptability received perfect scores as well, reflecting a strong strategic vision and effective leadership within the organization. Overall, while there are some areas for governance improvement, Traverse Symphony Orchestra demonstrates a robust operational framework and community focus.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Traverse Symphony Orchestra?
86% of 4 reviewers on Facebook recommend Traverse Symphony Orchestra. Here’s a summary of their thoughts:
The feedback highlights the exceptional quality of the music and the talent of the musicians and conductor involved with the orchestra. Reviewers express a strong admiration for the performances, noting that all associated with TSO contribute to a delightful experience.
Overall, the sentiment points to a satisfying experience for attendees, indicating that the orchestra delivers great performances and has a dedicated team behind its operations.
This AI summary has been generated from reviews found on Facebook.
Is Traverse Symphony Orchestra legitimate?
Traverse Symphony Orchestra is a legitimate nonprofit organization registered as a 501(c)(3) entity. Traverse 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: $123,600
Professional Fundraising Fees: $0
Other Salaries and Wages: $201,444
For more financial information, click here
Official website here: www.tcphil.org
What is the mission statement of Traverse Symphony Orchestra?
The Traverse Symphony Orchestra's mission is centered around promoting and enhancing musical knowledge and appreciation among the public. They achieve this objective through a combination of educational activities and musical performances. By organizing concerts for audiences of all ages, they aim to engage and enlighten individuals about the beauty and complexity of symphony music. The orchestra's activities contribute to fostering a deeper understanding and appreciation of music within the community.
Official website here: www.tcphil.org
What is the revenue of Traverse Symphony Orchestra?
Traverse Symphony Orchestra's revenue in 2024 was $1,490,468.
Official website here: www.tcphil.org
Who are the executives of Traverse Symphony Orchestra and what are their salaries?
The average compensation at Traverse Symphony Orchestra during 2024 was $46,435. There are 7 employees and 87 volunteers at Traverse Symphony Orchestra.
Here are 22 key members and their salaries:
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- Compensation: $123,600
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Official website here: www.tcphil.org
Where can I find the form 990 for Traverse Symphony Orchestra?
Traverse Symphony Orchestra's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.tcphil.org
Learn more at the official website: www.tcphil.org
Mission Statement of Traverse Symphony Orchestra
The Traverse Symphony Orchestra, a renowned non-profit organization, is committed to promoting and enhancing musical knowledge and appreciation among the public. To achieve this mission, the orchestra engages in a variety of educational activities and musical performances. By presenting symphony music to audiences of all ages, the Traverse Symphony Orchestra seeks to inspire a deeper connection with and appreciation for classical music. Through these initiatives, the organization plays a vital role in cultivating an appreciation for music within the broader community.
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Impact
July, 2024
The Traverse Symphony Orchestra's impact can be seen in its ability to promote and increase musical knowledge and music appreciation among audiences of all ages. Through their performances of symphony music, they engage the community and provide enriching cultural experiences. Their mission to educate and inspire through music resonates with their audiences and contributes to the cultural vibrancy of Traverse City, Michigan.
This information is meant to be a general summary of Traverse 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 2024.
- Investment Income: $39,615
- Program Service Revenue: $339,681
- Gross Receipts: $1,539,228
Assets and Liabilities:
- Total Assets: $858,158
- Total Liabilities: $325,031
- Net Assets: $533,127
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PERFORMANCES
Revenue
$265,246
EDUCATION AND TUITION
Revenue
$49,335
PROGRAM ADVERTISING
Revenue
$25,100
Organization Details
Founding Year
1952
Principal Officer
Sebastian Garbsch
Website
www.tcphil.orgNTEE Category
Code: A69Z - Arts
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