Overview
What is Salzburg Festival Society Inc?
Salzburg Festival Society Inc is a small-sized nonprofit organization, situated in New York City, specifically at 509 Madison Avenue PH. Its primary role is to act as a bridge between the renowned Salzburg Festival and its American supporters and patrons. The organization's broader mission extends beyond this, aiming to enhance the general public's comprehension of classical music and opera. In 20XX, Salzburg Festival Society Inc contributed $200,000 to support the production of "Die Zauberflote," a humorous opera with a fairytale setting, directed by American stage director Lydia Steier. The production featured the talented American soprano Brenda Rae as the Queen of the Night. Moreover, Salzburg Festival Society Inc is committed to the Amadeus Weekend, which aligns with the Salzburg Festival's general mission.
Official website here: www.sfsociety.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 92% (Four-Star out of Four Stars)
The Salzburg Festival Society Inc has achieved a commendable 92% rating from Charity Navigator, indicating strong performance in accountability and financial health. With a Four-Star rating, the organization demonstrates effective management practices and transparency, highlighted by its 100% independent board members and a robust program expense ratio of over 82%. This suggests that a significant portion of their resources directly supports programmatic activities.
Strengths of the organization include a comprehensive conflict of interest policy and well-documented financial statements, earning top scores in several categories. Furthermore, the low liabilities to assets ratio of 9.47% underscores the nonprofit's fiscal responsibility and sustainability. These attributes reflect a commitment to operational excellence and ethical governance.
However, there is a noted limitation with the absence of a whistleblower policy, which received a score of zero. While this does not detract significantly from the overall performance rating, it is an area for improvement that the organization may want to address to enhance its governance and risk management framework.
This AI summary has been generated from information found on Charity Navigator.
Is Salzburg Festival Society Inc legitimate?
Salzburg Festival Society Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Salzburg Festival Society 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: $116,699
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.sfsociety.org
What is the mission statement of Salzburg Festival Society Inc?
The Salzburg Festival Society Inc was established with a mission to serve as a liaison between the renowned Salzburg Festival and its American supporters and patrons. The broader objective of the society is to foster a wider public understanding of classical music and opera. The society supports various programs offered by the Salzburg Festival, such as funding the production of operas like "Die Zauberflote," directed by an American stage director and featuring an exceptional American soprano. Additionally, the society organizes events like the Amadeus Weekend, which aligns with the Salzburg Festival's general mission.
Official website here: www.sfsociety.org
Who is the CEO of Salzburg Festival Society Inc?
Nabil Chartouni is the Chairman of Salzburg Festival Society Inc.
Official website here: www.sfsociety.org
What is the revenue of Salzburg Festival Society Inc?
Salzburg Festival Society Inc's revenue in 2022 was $681,455.
Official website here: www.sfsociety.org
Who are the executives of Salzburg Festival Society Inc and what are their salaries?
The average compensation at Salzburg Festival Society Inc during 2022 was $116,699. There is 1 employee and 17 volunteers at Salzburg Festival Society Inc.
Here are 18 key members and their salaries:
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- Compensation: $113,300
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- Other: $3,399
Official website here: www.sfsociety.org
Where can I find the form 990 for Salzburg Festival Society Inc?
Salzburg Festival Society Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.sfsociety.org
Learn more at the official website: www.sfsociety.org
Mission Statement of Salzburg Festival Society Inc
The Salzburg Festival Society Inc serves as a bridge between the acclaimed Salzburg Festival and its American supporters and patrons. Its primary mission is to foster a broader understanding of classical music and opera among the general public. By supporting the Salzburg Festival's programs, the Society contributes to various cultural events. A notable example is its financial aid for the production of "Die Zauberflöte," a comic opera with a fairy tale setting, directed by American stage director Lydia Steier. The production featured an extraordinary cast, including American soprano Brenda Rae as the Queen of the Night.
Beyond supporting specific productions, the Salzburg Festival Society Inc also holds the Amadeus Weekend, a program that aligns with the broader mission of the Salzburg Festival. This event aims to promote classical music and opera, providing an opportunity for enthusiasts to engage with and appreciate these art forms. By acting as a liaison between the Salzburg Festival and its American supporters, the Society plays a vital role in enhancing cultural exchange and fostering appreciation for classical music and opera.
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Impact
July, 2024
Salzburg Festival Society Inc plays a crucial role in fostering cultural exchange and supporting the arts by serving as a liaison between the Salzburg Festival and its American friends and patrons. The society provided significant financial support, including $200,000 towards the production of Die Zauberflöte, a comedy with a fairytale setting directed by American stage director Lydia Steier. This production featured American soprano Brenda Rae in a leading role, showcasing artistic talent from both sides of the Atlantic.
Furthermore, through initiatives like the Amadeus Weekend program, the society contributes to the broader mission of the Salzburg Festival by promoting classical music and opera to the general public. By bridging the gap between international cultural institutions and American audiences, Salzburg Festival Society Inc helps to expand appreciation and understanding of the arts.
This information is meant to be a general summary of Salzburg Festival Society 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.
- Program Service Revenue: $5,325
- Gross Receipts: $812,349
Assets and Liabilities:
- Total Assets: $428,277
- Total Liabilities: $40,567
- Net Assets: $387,710
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBERSHIP DUES
Revenue
$5,325
Organization Details
Founding Year
2005
Phone
(212) 355-5675Principal Officer
Nabil Chartouni
Main Address
509 MADISON AVENUE PH, NEW YORK, NY, 10022
Website
www.sfsociety.orgNTEE Category
Code: A126 - Arts
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