Overview
What is Milwaukee Youth Symphony Orchestra Inc?
Milwaukee Youth Symphony Orchestra Inc, based in Milwaukee, Wisconsin, is a nonprofit organization dedicated to fostering critical thinking, creativity, and collaboration among young individuals through various musical programs. With over 40 ensemble and enrichment options, including full symphony and string orchestras, jazz bands, music theory, and international tours, they cater to a wide range of skill levels. Serving more than 6,000 students aged 8-18 from over 200 schools, 90 zip codes, and 14 counties in southeastern Wisconsin and northern Illinois, the organization offers direct training and outreach programs. By nurturing, challenging, and inspiring young minds through music, Milwaukee Youth Symphony Orchestra Inc aims to profoundly impact lives and contribute positively to their community. With a workforce of 66 employees, they strive to enrich the lives of young musicians and contribute to the cultural fabric of their region.
Official website here: www.myso.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97% (Four-Star out of Four Star rating) from Charity Navigator.
Milwaukee Youth Symphony Orchestra Inc has achieved an impressive Four-Star rating from Charity Navigator, highlighting its strong commitment to accountability and financial integrity. The organization scored exceptionally well in several categories, particularly in its accountability metrics, showcasing a fully independent board and robust financial oversight practices.
The organization excels in its financial management, demonstrated by its high program expense ratio of 84.49%, ensuring that the majority of funds are utilized effectively for its mission. Furthermore, the low fundraising efficiency ratio of $0.11 indicates that the organization operates efficiently, minimizing costs associated with fundraising efforts.
While the data reflects significant strengths in governance and financial practices, the summary does not highlight any notable limitations or areas for improvement. This overall performance positions Milwaukee Youth Symphony Orchestra Inc as a trustworthy and effective nonprofit committed to its objectives.
This AI summary has been generated from information found on Charity Navigator.
Is Milwaukee Youth Symphony Orchestra Inc legitimate?
Milwaukee Youth Symphony Orchestra Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Milwaukee Youth 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: $188,012
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,246,784
For more financial information, click here
Official website here: www.myso.org
What is the mission statement of Milwaukee Youth Symphony Orchestra Inc?
The Milwaukee Youth Symphony Orchestra Inc, through its mission, aims to positively impact young minds by fostering critical thinking skills, creativity, and collaboration through music. The organization offers over 40 ensemble and enrichment options, ranging from full symphony orchestras to jazz bands and international tours, catering to a wide range of skill levels. These programs serve more than 6,000 students aged 8 to 18 from various schools and areas, significantly contributing to their education and musical experiences. The orchestra's activities profoundly transform lives and the community, inspiring growth and development.
Official website here: www.myso.org
Who is the CEO of Milwaukee Youth Symphony Orchestra Inc?
Linda Edelstein is the Executive Director of Milwaukee Youth Symphony Orchestra Inc.
Official website here: www.myso.org
What is the revenue of Milwaukee Youth Symphony Orchestra Inc?
Milwaukee Youth Symphony Orchestra Inc's revenue in 2022 was $3,374,542.
Official website here: www.myso.org
Who are the executives of Milwaukee Youth Symphony Orchestra Inc and what are their salaries?
The average compensation at Milwaukee Youth Symphony Orchestra Inc during 2022 was $21,739. There are 66 employees and 158 volunteers at Milwaukee Youth Symphony Orchestra Inc.
Here are 24 key members and their salaries:
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Official website here: www.myso.org
Where can I find the form 990 for Milwaukee Youth Symphony Orchestra Inc?
Milwaukee Youth Symphony Orchestra Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.myso.org
Learn more at the official website: www.myso.org
Mission Statement of Milwaukee Youth Symphony Orchestra Inc
Milwaukee Youth Symphony Orchestra (MYSO) is dedicated to enriching young minds and positively impacting the community through music. Their mission is to foster critical thinking skills, creativity, and collaboration among young individuals, providing them with a wide range of educational and musical experiences. This is achieved through more than 40 ensemble and enrichment options, ranging from full symphony and string orchestras to jazz and steel bands, music theory, composition, and international tours. MYSO caters to a diverse population of over 6,000 students aged 8 to 18 from over 200 schools, 90 zip codes, and 14 counties in Southeastern Wisconsin and Northern Illinois. Through direct training and outreach programs, MYSO aims to inspire, challenge, and nurture young minds, ultimately changing lives and the community for the better.
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Impact
July, 2024
Milwaukee Youth Symphony Orchestra Inc, through its impactful programs, nurtures, challenges, and inspires young minds through music, profoundly changing lives and the community for the better. Its diverse range of over 40 ensemble and enrichment options, including symphony and string orchestras, jazz, steel bands, music theory, composition, and international touring, fosters critical thinking skills, creativity, and collaboration. Serving more than 6,000 students aged 8-18 from over 200 schools, 90 zip codes, and 14 counties in southeastern WI and northern IL, MYSO provides high-quality educational and musical experiences for a wide range of skill levels. This organization's mission to transform lives through music is evident in the positive impact it has on individuals, schools, and the community at large.
This information is meant to be a general summary of Milwaukee Youth 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: $237,807
- Program Service Revenue: $737,649
- Gross Receipts: $3,808,131
Assets and Liabilities:
- Total Assets: $8,780,066
- Total Liabilities: $264,607
- Net Assets: $8,515,459
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBERSHIP FEES
Revenue
$668,404
CONCERT TICKET SALES
Revenue
$55,620
PERFORMANCE FEES
Revenue
$13,625
Organization Details
Founding Year
1960
Phone
(414) 267-2950Principal Officer
Linda Edelstein
Main Address
325 W WALNUT ST, MILWAUKEE, WI, 53212
Website
www.myso.orgNTEE Category
Code: A69 - Arts
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