Overview
What is Dearborn Orchestral Society Endowment Fund Inc?
Dearborn Orchestral Society Endowment Fund Inc is a dedicated nonprofit organization based in Dearborn, Michigan. Its primary mission is to provide a perpetual source of financial support for the Dearborn Orchestral Society, ensuring its artistic and financial stability. The annual income generated from the endowment fund is donated to the orchestra, contributing to public concerts, scholarships for music lessons, and youth concert opportunities. This philanthropic endeavor seeks to enrich the local community by fostering a love for music and providing affordable access to artistic events.
Is Dearborn Orchestral Society Endowment Fund Inc legitimate?
Dearborn Orchestral Society Endowment Fund Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Dearborn Orchestral Society Endowment Fund 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:
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What is the mission statement of Dearborn Orchestral Society Endowment Fund Inc?
The Dearborn Orchestral Society Endowment Fund Inc's mission is centered around providing perpetual support for the Dearborn Orchestral Society. This support is aimed at ensuring both the artistic and financial stability of the society. The annual income generated from the fund is donated to the Dearborn Orchestral Society. This donation is utilized to sponsor public and youth concerts, as well as to offer scholarships for music lessons and concerts for talented individuals. The primary objective of these activities is to nurture and promote musical talent, thereby enriching the cultural landscape.
Who is the CEO of Dearborn Orchestral Society Endowment Fund Inc?
Brenda Nation is the President of Dearborn Orchestral Society Endowment Fund Inc.
What is the revenue of Dearborn Orchestral Society Endowment Fund Inc?
Dearborn Orchestral Society Endowment Fund Inc's revenue in 2023 was $68,290.
Who are the executives of Dearborn Orchestral Society Endowment Fund Inc and what are their salaries?
There 9 volunteers at Dearborn Orchestral Society Endowment Fund Inc.
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Where can I find the form 990 for Dearborn Orchestral Society Endowment Fund Inc?
Dearborn Orchestral Society Endowment Fund Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Dearborn Orchestral Society Endowment Fund Inc
The Dearborn Orchestral Society Endowment Fund Inc is dedicated to providing a perpetual base of support for the Dearborn Orchestral Society. Their mission is to ensure the artistic and financial stability of the orchestra. To accomplish this, the endowment fund donates a portion of its annual income to the Dearborn Orchestral Society. This financial aid is utilized to sponsor public concerts and scholarships for music lessons and concerts, particularly for youth. By doing so, the Dearborn Orchestral Society Endowment Fund Inc is contributing to the continued success and growth of the Dearborn Orchestral Society, enabling it to enrich the community through its musical performances.
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Impact
October, 2024
The Dearborn Orchestral Society Endowment Fund Inc plays a vital role in supporting the arts community in Dearborn, Michigan. By providing perpetual financial support to the Dearborn Orchestral Society, it ensures a stable foundation that allows for the continuous presentation of public concerts and youth scholarships for music lessons. This endowment not only helps cover the operating expenses of the orchestra but also enhances accessibility to music education for young individuals in the community. Through its annual donations, the fund fosters artistic growth and enriches the cultural landscape of Dearborn, creating opportunities for both performers and audiences alike to engage with music and the performing arts.
This information is meant to be a general summary of Dearborn Orchestral Society Endowment Fund 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 2023.
- Investment Income: $58,516
- Gross Receipts: $162,750
Assets and Liabilities:
- Total Assets: $1,508,323
- Total Liabilities: $0
- Net Assets: $1,508,323
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Organization Details
Founding Year
1961
Phone
(313) 565-2424Principal Officer
Brenda Nation
Main Address
PO BOX 2063, DEARBORN, MI, 481232063
NTEE Category
Code: A69 - Arts
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