Overview
What is Austin Symphony Orchestra Society?
The Austin Symphony Orchestra Society, established in Austin, Minnesota, is a nonprofit organization with a mission to enrich the community through symphony concerts. Situated at 2110 7th Avenue SW, they strive to provide engaging performances for the public while nurturing local musical talent. Their commitment extends beyond entertainment, as they offer scholarships to support individuals pursuing music-related studies. With a dedicated workforce of four individuals, the Austin Symphony Orchestra Society plays a significant role in fostering a vibrant musical culture in the area.
Official website here: www.austinmnsymphony.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 76%, Three-Star out of Four Stars
The Austin Symphony Orchestra Society has received a rating of 76% from Charity Navigator, which grants it a Three-Star rating. This score is based entirely on accountability and finance metrics, indicating the organization is performing reasonably well in these areas. The charity boasts a fully independent board with 24 members, and it has demonstrated excellent management of assets and program expenses, with 92.79% of its expenditures directed towards its programs.
Despite these strengths, the organization does face some limitations. Notably, it lacks key governance policies such as a conflict of interest policy, a whistleblower policy, and a document retention and destruction policy, which resulted in lower scores in those areas. These missing policies may raise concerns regarding transparency and accountability in organizational governance.
Overall, while the Austin Symphony Orchestra Society shows strong financial health and effective use of resources, the absence of certain governance practices suggests areas for improvement to enhance its credibility and operational effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Austin Symphony Orchestra Society legitimate?
Austin Symphony Orchestra Society is a legitimate nonprofit organization registered as a 501(c)(3) entity. Austin Symphony Orchestra Society 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: $42,032
Professional Fundraising Fees: $0
Other Salaries and Wages: $596
For more financial information, click here
Official website here: www.austinmnsymphony.org
What is the mission statement of Austin Symphony Orchestra Society?
The Austin Symphony Orchestra Society's mission is to offer symphony concerts to the public and support the local music community. They achieve this by performing several symphony concerts during the season and providing scholarships for music-related studies. By doing so, they contribute to the enrichment of the community's cultural scene and nurture talent in the musical field.
Official website here: www.austinmnsymphony.org
Who is the CEO of Austin Symphony Orchestra Society?
Kiven Lukes is the Co-President of Austin Symphony Orchestra Society.
Official website here: www.austinmnsymphony.org
What is the revenue of Austin Symphony Orchestra Society?
Austin Symphony Orchestra Society's revenue in 2022 was $158,924.
Official website here: www.austinmnsymphony.org
Who are the executives of Austin Symphony Orchestra Society and what are their salaries?
The average compensation at Austin Symphony Orchestra Society during 2022 was $10,657. There are 4 employees and 17 volunteers at Austin Symphony Orchestra Society.
Here are 24 key members and their salaries:
- Compensation: $23,724
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- Compensation: $4,235
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- Compensation: $1,588
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- Compensation: $800
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Official website here: www.austinmnsymphony.org
Where can I find the form 990 for Austin Symphony Orchestra Society?
Austin Symphony Orchestra Society's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.austinmnsymphony.org
Learn more at the official website: www.austinmnsymphony.org
Mission Statement of Austin Symphony Orchestra Society
The Austin Symphony Orchestra Society, a renowned entity, is committed to providing symphony concerts for the public and supporting the local music community. Their mission, in essence, is to bring the enchanting world of symphony music to the public, while simultaneously fostering the growth and development of the local musical landscape. The organization achieves this by presenting several symphony concerts throughout the season, serving as a beacon of melodic joy and cultural enrichment for the community. Furthermore, the Austin Symphony Orchestra Society extends its support to the local music community by offering scholarships for music-related study. This philanthropic initiative empowers budding musicians, ensuring that the symphony's rich heritage is preserved and nurtured for future generations.
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Impact
October, 2024
The Austin Symphony Orchestra Society significantly enriches the cultural landscape of Austin by offering a diverse range of symphony concerts that are accessible to the public. Through its performances, it fosters a deeper appreciation for classical and contemporary music, drawing in audiences of all ages and backgrounds.
In addition, the organization plays a crucial role in strengthening the local music community by providing scholarships for music-related studies, nurturing the next generation of musicians. This commitment not only enhances the artistic talent within the community but also ensures a vibrant future for the local arts scene. Overall, the Austin Symphony Orchestra Society serves as a vital institution that enhances the quality of life in Austin by promoting artistic expression and supporting musicianship.
This information is meant to be a general summary of Austin Symphony Orchestra Society. 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: $21,194
- Program Service Revenue: $217
- Gross Receipts: $169,853
Assets and Liabilities:
- Total Assets: $224,304
- Total Liabilities: $0
- Net Assets: $224,304
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Miscellaneous
Revenue
$217
Organization Details
Founding Year
1957
Phone
(507) 433-7890Principal Officer
Kiven Lukes
Main Address
2110 7TH AVENUE SW, AUSTIN, MN, 55912
Website
www.austinmnsymphony.orgNTEE Category
Code: A69 - Arts
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