Overview
What is Present Music Inc?
Present Music Inc, based in Milwaukee, Wisconsin, is a nonprofit organization that actively engages artists and audiences in innovative and thought-provoking encounters with new music. Their primary activities involve ensemble performances, educational programs, and commissioning new compositions. These initiatives take place at various venues, such as schools, community centers, and other locations, aiming to broaden the reach and accessibility of new music. With a dedicated team of five employees, Present Music Inc is committed to fostering a dynamic and engaged community around contemporary musical expressions.
Official website here: www.presentmusic.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 88% (Three-Star out of Four Star rating)
Present Music Inc has earned an 88% score from Charity Navigator, reflecting a solid performance in accountability and finance. The organization benefits from a fully independent board, which enhances its governance structure. Additionally, it has demonstrated strong financial health, with a low liabilities-to-assets ratio and a high program expense ratio, indicating that a significant portion of their resources is directed towards their mission.
However, there are some areas for improvement noted in the feedback. Present Music Inc is missing key policies such as a whistleblower policy and a document retention and destruction policy, which might suggest gaps in internal procedures. Furthermore, the absence of the tax form on the nonprofit's website could hinder transparency for donors and stakeholders who seek easy access to financial documents.
Overall, while Present Music Inc shows robust financial practices and governance, addressing the identified limitations could enhance their accountability and trustworthiness among supporters and the public.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Present Music Inc?
86% of reviewers on Facebook are inclined to recommend Present Music Inc. Here's a summary of their thoughts:
Many attendees express deep emotional connections to the concerts, highlighting specific performances that left a lasting impact, such as those featuring works by renowned composers like Henryk Gorecki. The beauty and significance of the music performed resonate strongly with the audience, indicating that the organization provides enriching and memorable experiences.
Overall, participants appreciate the quality of the concerts and feel that Present Music Inc delivers powerful musical experiences that they cherish. As a nonprofit, it seems to have a favorable reputation among its supporters for its dedication to promoting exceptional music.
This AI summary has been generated from reviews found on Facebook.
Is Present Music Inc legitimate?
Present Music Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Present Music 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $130,360
For more financial information, click here
Official website here: www.presentmusic.org
What is the mission statement of Present Music Inc?
Present Music Inc's mission is centered around engaging artists and audiences in thought-provoking and imaginative encounters with new music. They achieve this through various means, including ensemble performances, educational programs, and commissioning new works. By offering these experiences, Present Music Inc aims to stimulate and challenge audiences, fostering a deeper appreciation for contemporary music. Their activities extend beyond traditional concert venues, reaching out to schools, community centers, and other locations to broaden their audience base.
Official website here: www.presentmusic.org
Who is the CEO of Present Music Inc?
Jessica Franken is the President of Present Music Inc.
Official website here: www.presentmusic.org
What is the revenue of Present Music Inc?
Present Music Inc's revenue in 2022 was $494,577.
Official website here: www.presentmusic.org
Who are the executives of Present Music Inc and what are their salaries?
The average compensation at Present Music Inc during 2022 was $26,072. There are 5 employees and 25 volunteers at Present Music Inc.
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Official website here: www.presentmusic.org
Where can I find the form 990 for Present Music Inc?
Present Music Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.presentmusic.org
Learn more at the official website: www.presentmusic.org
Mission Statement of Present Music Inc
Present Music Inc, as a nonprofit organization, is dedicated to engaging artists and audiences in thought-provoking and innovative experiences with new music. They achieve this mission through ensemble performances, education, and commissioning. The primary focus of Present Music Inc is to provide a platform where artists can showcase their creativity and challenge conventional musical norms, while simultaneously engaging audiences in these explorations. By performing concerts in various locations such as schools, community centers, and other venues, Present Music Inc aims to make new music accessible and appealing to a diverse audience. Through these experiences, the organization seeks to foster a sense of curiosity and appreciation for the evolving world of music.
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Impact
July, 2024
Present Music Inc has a significant impact on the arts community in Milwaukee, WI. By engaging artists and audiences in imaginative and provocative experiences with new music through ensemble performances, education, and commissioning, Present Music enriches the cultural landscape of the city. Through its activities, such as performing concerts in various locations including schools and community centers, Present Music fosters a deeper appreciation for contemporary music and creativity. This organization plays a vital role in promoting the arts and supporting artists, making a lasting impression on the community.
This information is meant to be a general summary of Present Music 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: $2,216
- Program Service Revenue: $113,126
- Gross Receipts: $494,577
Assets and Liabilities:
- Total Assets: $284,420
- Total Liabilities: $33,866
- Net Assets: $250,554
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CONCERT AND EARNED INCOME
Revenue
$63,641
CONTRACT INCOME
Revenue
$49,485
Organization Details
Founding Year
1982
Phone
(414) 644-1126Principal Officer
Jessica Franken
Main Address
3720 NORTH FRATNEY STREET, MILWAUKEE, WI, 53212
Website
www.presentmusic.orgNTEE Category
Code: A67Z - Arts
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