Overview
What is Madison Symphony Orchestra Foundation Inc?
Madison Symphony Orchestra Foundation Inc is a nonprofit organization situated in Madison, Wisconsin, with the address 222 West Washington Ave 460. Its primary purpose is to support the Madison Symphony Orchestra, an organization falling under I.R.C. Section 509(A). The foundation manages investments and accepts donations, grants, and bequests, all of which are exclusively dedicated to benefiting the Madison Symphony Orchestra. By doing so, it contributes to the enrichment of the community through music and artistic performances.
Is Madison Symphony Orchestra Foundation Inc legitimate?
Madison Symphony Orchestra Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Madison Symphony Orchestra Foundation 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.
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What is the mission statement of Madison Symphony Orchestra Foundation Inc?
The Madison Symphony Orchestra Foundation Inc was established with a mission to manage investments and receive support in the form of donations, grants, and bequests. These funds are solely intended to benefit the Madison Symphony Orchestra, an organization classified under I.R.C. Section 509(A). The primary objective of the foundation is to support the orchestra financially. The foundation has been transferring funds to the Madison Symphony Orchestra, thereby contributing to its operations.
Who is the CEO of Madison Symphony Orchestra Foundation Inc?
Robert A Reed is the President of Madison Symphony Orchestra Foundation Inc.
What is the revenue of Madison Symphony Orchestra Foundation Inc?
Madison Symphony Orchestra Foundation Inc's revenue in 2023 was $2,500,346.
Who are the executives of Madison Symphony Orchestra Foundation Inc and what are their salaries?
There 10 volunteers at Madison Symphony Orchestra Foundation Inc.
Here are 11 key members and their salaries:
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Where can I find the form 990 for Madison Symphony Orchestra Foundation Inc?
Madison Symphony Orchestra Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Madison Symphony Orchestra Foundation Inc
Madison Symphony Orchestra Foundation Inc was established with a specific purpose. Its mission is to manage investments and receive financial support in the form of donations, grants, and bequests. Significantly, this support is exclusively intended for the benefit of the Madison Symphony Orchestra, Inc., an organization categorized under I.R.C. Section 509(A). The foundation's primary role is to channel these resources towards enhancing the Madison Symphony Orchestra. This summarizes the mission of Madison Symphony Orchestra Foundation Inc in a concise yet descriptive manner.
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Impact
October, 2024
Madison Symphony Orchestra Foundation Inc plays a crucial role in enhancing the cultural landscape of Madison, Wisconsin, by financially supporting the Madison Symphony Orchestra. By administering investments and securing gifts, grants, and bequests, the Foundation ensures that the Orchestra thrives and continues to provide high-quality musical experiences for the community. This support fosters artistic innovation and enables a diverse range of performances, enriching the lives of residents and visitors alike.
The Foundation's dedicated funding directly impacts the Orchestra's ability to present concerts, educational programs, and community outreach initiatives. With a focus on sustainability and growth, the Foundation helps cultivate a vibrant arts environment, promoting music appreciation and engagement across all age groups. The continued success of the Madison Symphony Orchestra, bolstered by the Foundation’s efforts, reinforces the importance of the arts in fostering community connections and cultural enrichment in the region.
This information is meant to be a general summary of Madison Symphony Orchestra Foundation 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 2023.
- Investment Income: $1,944,698
- Gross Receipts: $6,560,203
Assets and Liabilities:
- Total Assets: $23,150,529
- Total Liabilities: $0
- Net Assets: $23,150,529
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Organization Details
Founding Year
1995
Phone
(608) 257-3734Principal Officer
Robert A Reed
Main Address
222 WEST WASHINGTON AVE 460, MADISON, WI, 53703
NTEE Category
Code: A69 - Arts
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