Overview
What is Marquette Symphony Orchestra?
The Marquette Symphony Orchestra is a nonprofit organization situated in Marquette, Michigan. Their primary mission is to sustain and uphold the Marquette Symphony Orchestra, organize concerts featuring orchestral music, and foster an appreciation for professional musical performances. Typically, they conduct five main concerts annually, along with smaller ensemble and outreach performances. However, due to recent changes, their focus has shifted to virtual and outdoor concerts. The orchestra serves as a vital cultural entity in the Marquette community, offering a platform for professional musicians to showcase their talents.
Official website here: www.marquettesymphony.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 78% (Three-Star out of Four Star Rating)
The Marquette Symphony Orchestra has received a respectable three-star rating from Charity Navigator, reflecting a solid performance in accountability and finance with a score of 93%. The organization demonstrates strong governance practices, with a fully independent board and no material diversion of assets. However, it does lack certain policies, specifically a conflict of interest and whistleblower policy, which could be areas for improvement.
In terms of financial health, the organization shows a good program expense ratio of 87.36%, indicating that a significant portion of its budget is directed towards its mission-related activities. The low liabilities to assets ratio of 6.23% suggests a stable financial position with manageable debt levels, enhancing its sustainability and ability to fulfill its mission.
The Marquette Symphony Orchestra excels in culture and community engagement, achieving a perfect score of 100 in this area. It effectively gathers and utilizes feedback from its constituents, and has implemented strong practices for community involvement. While the organization exhibits many strengths, addressing the missing policies in governance will further enhance its operational transparency and accountability.
This AI summary has been generated from information found on Charity Navigator.
Is Marquette Symphony Orchestra legitimate?
Marquette Symphony Orchestra is a legitimate nonprofit organization registered as a 501(c)(3) entity. Marquette 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.
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Official website here: www.marquettesymphony.org
What is the mission statement of Marquette Symphony Orchestra?
The Marquette Symphony Orchestra's mission is centered around establishing and maintaining this orchestral ensemble, organizing concerts featuring orchestral music, and fostering an appreciation for professional musical performances. By carrying out these activities, the symphony seeks to promote the enjoyment and recognition of high-quality musical performances. The orchestra usually conducts five main concerts annually, alongside several small ensemble and outreach performances. However, in recent times, the symphony has shifted its focus towards virtual and outdoor concerts.
Official website here: www.marquettesymphony.org
What is the revenue of Marquette Symphony Orchestra?
Marquette Symphony Orchestra's revenue in 2024 was $240,538.
Official website here: www.marquettesymphony.org
Who are the executives of Marquette Symphony Orchestra and what are their salaries?
There 23 volunteers at Marquette Symphony Orchestra.
Here are 12 key members and their salaries:
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Official website here: www.marquettesymphony.org
Where can I find the form 990 for Marquette Symphony Orchestra?
Marquette Symphony Orchestra's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.marquettesymphony.org
Learn more at the official website: www.marquettesymphony.org
Mission Statement of Marquette Symphony Orchestra
The Marquette Symphony Orchestra, as its mission statement suggests, aims to establish and sustain an orchestra, organize concerts showcasing orchestral music, and foster an appreciation for professional musical performances. By fulfilling this mission, the orchestra contributes to promoting musical engagements and cultivating a deeper appreciation for orchestral music in the community.
In practice, the Marquette Symphony Orchestra typically conducts five main concerts annually, while also arranging smaller ensemble and outreach performances. However, the orchestra has recently shifted its focus to virtual and outdoor concerts, adapting to current circumstances while continuing to provide entertainment and enrichment through music. By organizing these events, the orchestra strives to engage and connect with its audience, ultimately fostering a stronger appreciation for the art of symphonic music.
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Impact
October, 2024
The Marquette Symphony Orchestra significantly enriches the cultural landscape of Marquette, MI, by providing high-quality orchestral music and fostering a deep appreciation for the arts. With a schedule that typically includes five main concerts a year, alongside various small ensemble and outreach performances, the orchestra serves as a vital platform for both professional musicians and aspiring artists.
Recently, the organization's pivot to virtual and outdoor concerts highlights its adaptability and commitment to reaching diverse audiences, ensuring that the beauty of orchestral music remains accessible amid changing circumstances. By promoting musical education, engagement, and collaboration, the Marquette Symphony Orchestra not only enhances the local arts scene but also strengthens community bonds, making the appreciation of music a shared experience for residents of all ages.
This information is meant to be a general summary of Marquette 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: $1,939
- Program Service Revenue: $86,869
- Gross Receipts: $240,538
Assets and Liabilities:
- Total Assets: $94,368
- Total Liabilities: $12,826
- Net Assets: $81,542
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TICKET SALES
Revenue
$81,232
PROGRAM ADS
Revenue
$2,065
SMALL ENSEMBLE & OTHER
Revenue
$1,975
SERVICE CLUBS
Revenue
$1,597
Organization Details
Founding Year
1997
Principal Officer
Cole Williams
Website
www.marquettesymphony.orgNTEE Category
Code: A69 - Arts
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