Overview
What is Madison Symphony Orchestra Inc?
Madison Symphony Orchestra Inc, situated in Madison, Wisconsin, is a prominent nonprofit organization with a focus on fostering musical excellence within the community. With a team of 143 dedicated individuals, their mission includes sponsoring, developing, and promoting programs that showcase exceptional musical talent. Their primary objective is to cater to the musical needs of the people residing in Madison and its surrounding areas, while also offering music education opportunities. They achieve this through subscription concerts, a platform that allows them to present performances and promote musical prowess.
Official website here: www.madisonsymphony.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 95% (Four-Star out of Four Stars)
Madison Symphony Orchestra Inc has achieved a commendable Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. The organization scored a full 100% in several key areas, such as having a majority of independent board members and a high level of oversight with its audit and finance committee. The organization's focus on transparency is evident through its well-documented policies, including conflict of interest and whistleblower protections, which further contribute to its impressive accountability score.
The financial health of Madison Symphony Orchestra is robust, with a program expense ratio of 78.20%, indicating that a significant portion of its expenditures is directed towards programmatic efforts rather than administrative costs. Additionally, the fundraising efficiency is exceptional, at just $0.04 to raise a dollar, demonstrating effective resource management and an ability to maximize contributions for its mission. The working capital ratio of 1.53 years suggests that the organization is in a stable financial position, capable of sustaining operations.
Despite these strengths, it is important for potential donors and supporters to remain engaged and informed about how funds are being utilized. Continuous monitoring of operational effectiveness and community impact can ensure that the organization not only maintains its high standards but also adapts to changing needs. Overall, Madison Symphony Orchestra Inc stands out as a well-managed nonprofit, dedicated to its mission while upholding transparency and accountability.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Madison Symphony Orchestra Inc?
100% of reviewers on Facebook recommend the Madison Symphony Orchestra Inc, highlighting an overwhelmingly positive sentiment towards their performances. One user shared an emotional experience during a recent production, noting how the music resonated deeply and brought tears to many in the audience. The reviewer specifically praised the unique selection of pieces, emphasizing the orchestra’s ability to present first-time selections that captivated everyone present.
The talent of the musicians is another point that stands out in the reviews. The performance by Olga Kern, described as a “tour-de-force,” showcased her exceptional skill and left a lasting impression on those in attendance. Additionally, the conducting by Mr. DeMain was well-received, with his passion enhancing the overall experience of the concert.
Overall, the feedback reflects a high level of appreciation for the arts and the quality of performances provided by the Madison Symphony Orchestra. Attendees feel they are experiencing memorable events that exceed their expectations, further encouraging others to attend future performances.
This AI summary has been generated from reviews found on Facebook.
Is Madison Symphony Orchestra Inc legitimate?
Madison Symphony Orchestra Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Madison Symphony Orchestra 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: $362,650
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,309,153
For more financial information, click here
Official website here: www.madisonsymphony.org
What is the mission statement of Madison Symphony Orchestra Inc?
The Madison Symphony Orchestra Inc is committed to sponsoring, developing, and promoting musical excellence for the benefit of the local community and its surrounding areas. Its mission also includes providing music education. The organization achieves this by organizing subscription concerts, aiming to foster musical growth within the community.
Official website here: www.madisonsymphony.org
Who is the CEO of Madison Symphony Orchestra Inc?
Robert A Reed is the Music Director of Madison Symphony Orchestra Inc.
Official website here: www.madisonsymphony.org
What is the revenue of Madison Symphony Orchestra Inc?
Madison Symphony Orchestra Inc's revenue in 2022 was $6,048,151.
Official website here: www.madisonsymphony.org
Who are the executives of Madison Symphony Orchestra Inc and what are their salaries?
The average compensation at Madison Symphony Orchestra Inc during 2022 was $18,684. There are 143 employees and 150 volunteers at Madison Symphony Orchestra Inc.
Here are 48 key members and their salaries:
- Compensation: $207,599
- Related: $0
- Other: $10,677
- Compensation: $123,868
- Related: $0
- Other: $27,050
- Compensation: $117,325
- Related: $0
- Other: $27,050
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.madisonsymphony.org
Where can I find the form 990 for Madison Symphony Orchestra Inc?
Madison Symphony Orchestra Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.madisonsymphony.org
Learn more at the official website: www.madisonsymphony.org
Mission Statement of Madison Symphony Orchestra Inc
Madison Symphony Orchestra Inc, in its mission, strives to sponsor, develop, and promote programs of musical excellence for the benefit of the people living in Madison and its surrounding areas. This esteemed organization additionally focuses on providing music education to the community. By doing so, it aims to foster a deep appreciation for music and contribute to the cultural enrichment of its community members. Through subscription concerts, the Madison Symphony Orchestra Inc works diligently to promote musical excellence, ensuring that the community has ample opportunities to engage with and be inspired by the arts.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
July, 2024
Madison Symphony Orchestra Inc plays a vital role in enriching the cultural landscape of Madison and the surrounding area through its exceptional musical performances and commitment to music education. By sponsoring, developing, and promoting programs of musical excellence, the orchestra enhances the quality of life for residents and helps foster a greater appreciation for the arts. Through subscription concerts and other performances, the Madison Symphony Orchestra Inc showcases the beauty and power of music, contributing to the cultural vibrancy of the community. Furthermore, their dedication to providing music education ensures that future generations have the opportunity to engage with and learn from the world of music. In summary, the Madison Symphony Orchestra Inc's impact is significant, making a lasting impression on the local community and beyond.
This information is meant to be a general summary of Madison Symphony Orchestra 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: $46,514
- Program Service Revenue: $1,818,960
- Gross Receipts: $6,159,709
Assets and Liabilities:
- Total Assets: $7,460,254
- Total Liabilities: $957,668
- Net Assets: $6,502,586
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TICKET SALES
Revenue
$1,544,582
HIRED CONCERT INCOME
Revenue
$274,378
Organization Details
Founding Year
1925
Phone
(608) 257-3734Principal Officer
Robert A Reed
Main Address
222 West Washington Ave Suite 460, Madison, WI, 537032719
Website
www.madisonsymphony.orgNTEE Category
Code: A690 - Arts
If you are a representative of Madison Symphony Orchestra Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.