Overview
What is Peninsula Music Festival Inc?
Peninsula Music Festival Inc, based in Ephraim, Wisconsin, is a distinguished nonprofit organization that showcases world-class performances through its Recital, Chamber Music, and Symphony Series. Founded in 1953, the organization has grown significantly in its 70-year journey. Comprising an 80-member professional orchestra, representing leading symphonic and operatic institutions worldwide, the festival presents a nine-concert Symphony Series annually and offers year-round programming that includes various concerts and special events. The festival's mission extends beyond entertainment, promoting music appreciation and education in Door County, Wisconsin. To this end, it awards scholarships and grants to encourage music studies, and partners with local organizations for community outreach. With a strong focus on artistic quality and low administrative overhead, Peninsula Music Festival Inc continues to thrive, thanks to its dedicated board, staff, and volunteers.
Official website here: www.musicfestival.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 85% (Three-Star out of Four Star Rating)
Peninsula Music Festival Inc has received a solid Three-Star rating from Charity Navigator, indicating a good level of accountability and financial health. With an overall score of 85%, the organization demonstrates strong governance practices, including a fully independent board, which reflects high standards of oversight. The charity's commitment to transparency is reinforced by its compliance with various policies, including conflict of interest and whistleblower protections.
The nonprofit excels in its financial operations, boasting a program expense ratio of 74.45%. This figure suggests that a substantial portion of its funds is allocated directly to its mission and programs, which is a positive indicator for donors looking to support effective organizations. Additionally, the absence of any material diversion of assets further bolsters its credibility in managing funds responsibly.
While the rating is commendable, it's worth noting that, like many nonprofits, there is always room for improvement. Stakeholders may want to look for ongoing updates regarding program impact and community engagement to gain a more comprehensive understanding of the organization's effectiveness in fulfilling its mission.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Peninsula Music Festival Inc?
96% of reviewers on Facebook recommend Peninsula Music Festival Inc. Here is a summary of their reviews:
Many attendees express their enthusiasm for the festival, praising it as an awesome organization that offers spectacular live music. There's a general sense that attending the concerts not only provides enjoyment but also contributes positively to mental well-being.
Overall, the sentiments shared indicate a strong appreciation for the festival's offerings and the enriching experiences it provides to its audience. The commitment to delivering quality performances resonates with patrons, making it a cherished event in the community.
This AI summary has been generated from reviews found on Facebook.
Is Peninsula Music Festival Inc legitimate?
Peninsula Music Festival Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Peninsula Music Festival 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: $86,046
Professional Fundraising Fees: $0
Other Salaries and Wages: $48,664
For more financial information, click here
Official website here: www.musicfestival.com
What is the mission statement of Peninsula Music Festival Inc?
The Peninsula Music Festival Inc is committed to producing world-class musical performances through various series, including recital, chamber music, and symphony series. The organization promotes music appreciation and education within their community. They present a wide range of repertoires, support young artists, and encourage the appreciation of great music. The festival orchestra, composed of professionals from leading symphonic and operatic institutions worldwide, features in their nine-concert symphony series every summer. Over 6,000 patrons attend these concerts annually. The organization also awards scholarships and grants to music students and partners with community clubs for concessions during concerts. Their year-round programming helps to elevate the festival's brand and maintain relevance. The festival's educational outreach activities include the Emerging Conductor Program for aspiring conductors. The Peninsula Music Festival Inc's success is attributed to its strong board of directors, well-trained administrative staff, and a dedicated group of volunteers.
Official website here: www.musicfestival.com
Who is the CEO of Peninsula Music Festival Inc?
David Keen is the President And Ceo of Peninsula Music Festival Inc. The CEO's salary of Peninsula Music Festival Inc is $81,346 and their total compensation is $83,700.
Official website here: www.musicfestival.com
What is the revenue of Peninsula Music Festival Inc?
Peninsula Music Festival Inc's revenue in 2022 was $585,575.
Official website here: www.musicfestival.com
Who are the executives of Peninsula Music Festival Inc and what are their salaries?
The average compensation at Peninsula Music Festival Inc during 2022 was $33,678. There are 4 employees and 75 volunteers at Peninsula Music Festival Inc.
Here are 16 key members and their salaries (Peninsula Music Festival Inc's CEO's salary is $81,346 and their total compensation is $83,700):
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Official website here: www.musicfestival.com
Where can I find the form 990 for Peninsula Music Festival Inc?
Peninsula Music Festival Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.musicfestival.com
Learn more at the official website: www.musicfestival.com
Mission Statement of Peninsula Music Festival Inc
The Peninsula Music Festival Inc, in its mission, is dedicated to producing world-class musical performances. This is achieved through the presentation of various series, including the Recital Series, Chamber Music Series, and the Symphony Series. Beyond performances, the organization also promotes music appreciation and education within the community. The festival was founded in 1953 by Lorenz Heise, Kay Wilson, and Thor Johnson, inspired by the Early Moravian Music Festival. Currently in its 70th season, the festival orchestra, comprised of professional musicians from leading symphonic and operatic institutions worldwide, presents a nine-concert Symphony Series every summer. The festival prides itself on the high artistic quality of its orchestra and operates with low administrative overhead. Additionally, the organization awards college scholarships and summer music study grants to encourage music students. The Peninsula Music Festival Inc continues to elevate its brand and remain relevant through year-round programming. Its volunteer society, the Sustaining Committee, provides essential support to the organization. The festival achieves its goals and fulfills its mission with a strong board of directors, a well-trained administrative staff, and a dedicated core of volunteers.
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Impact
July, 2024
Peninsula Music Festival Inc has a significant impact on the arts scene in Door County, Wisconsin. Through its world-class performances in the form of recital series, chamber music series, and symphony series, the festival promotes music appreciation and education among the community. Over its 70-year history, the festival has grown substantially, attracting over 6,000 patrons every summer to its nine-concert symphony series.
The festival orchestra, composed of 80 professional musicians from leading symphonic and operatic institutions worldwide, ensures a high artistic quality in each performance. Additionally, Peninsula Music Festival awards college scholarships and summer music study grants to support music students, further contributing to the development of musical talent in the region.
The organization's conservative financial strategy has led to the growth of its endowment from $450,000 to $6.5 million over the past 20 years. This stability allows Peninsula Music Festival to continue operating with low administrative overhead and focus on delivering exceptional artistic experiences to its audiences. The festival's year-round programming, volunteer support, and commitment to educational outreach activities further enhance its impact on the community.
This information is meant to be a general summary of Peninsula Music Festival 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: $95
- Program Service Revenue: $124,832
- Gross Receipts: $585,575
Assets and Liabilities:
- Total Assets: $546,129
- Total Liabilities: $385,012
- Net Assets: $161,117
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CONCERT REVENUE
Revenue
$124,832
Organization Details
Founding Year
1953
Phone
(920) 854-4060Principal Officer
David Keen
Main Address
PO BOX 340, EPHRAIM, WI, 54211
Website
www.musicfestival.comNTEE Category
Code: A68Z - Arts
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