Overview
What is Third Coast Percussion Nfp?
Third Coast Percussion Nfp is a nonprofit organization based in Chicago, Illinois, with a mission to enrich and entertain the public by presenting contemporary and classical music performances in various venues. They actively collaborate with living composers to create new music specifically for their ensemble, promoting new music and the arts to a wider audience. Additionally, they are committed to arts education, conducting outreach and educational concerts in schools and offering clinics and masterclasses to music students. Despite the challenges posed by the COVID-19 pandemic, they managed to present 30 concert performances, 27 of which were for live audiences, in 15 U.S. states and one foreign country. They also received their 4th and 5th Grammy nominations and released a new album during this period. With a team of 7 dedicated individuals, Third Coast Percussion continues to inspire and educate through their unique musical experiences.
Official website here: www.thirdcoastpercussion.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 88%, Three-Star out of Four Star rating.
Third Coast Percussion has earned a commendable Three-Star rating from Charity Navigator, reflecting a solid accountability and finance score of 88%. This rating emphasizes the organization's commitment to transparency and responsible financial management, with 71.61% of its expenses allocated directly to programs. The organization benefits from a highly independent board, with 94% of its members meeting this criterion.
While the organization demonstrates strengths in board independence and financial oversight, there are notable limitations. The absence of a whistleblower policy and document retention policy indicates areas where Third Coast Percussion could improve its governance practices. Additionally, the tax form was not posted on the nonprofit's website, which may hinder accessibility for stakeholders seeking financial information.
Overall, Third Coast Percussion showcases strong financial health and a dedicated board, but it would benefit significantly from enhancing its governance policies to foster greater transparency.
This AI summary has been generated from information found on Charity Navigator.
Is Third Coast Percussion Nfp legitimate?
Third Coast Percussion Nfp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Third Coast Percussion Nfp 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: $170,867
Professional Fundraising Fees: $0
Other Salaries and Wages: $406,200
For more financial information, click here
Official website here: www.thirdcoastpercussion.com
What is the mission statement of Third Coast Percussion Nfp?
Third Coast Percussion Nfp's mission is centered around presenting contemporary and classical music repertoires to a broader audience, enriching and entertaining them. They are actively involved in the development of new percussion repertoires, collaborating with living composers to create unique pieces for their ensemble. In addition, they are committed to arts education, delivering outreach and educational concerts to primary and secondary schools, exposing younger generations to music and its significance in modern culture and society. They also conduct clinics and masterclasses at music schools and universities, aiming to educate future music professionals. In essence, their mission is to inspire and educate through the creation of exciting and unexpected musical experiences.
Official website here: www.thirdcoastpercussion.com
What is the revenue of Third Coast Percussion Nfp?
Third Coast Percussion Nfp's revenue in 2024 was $1,113,245.
Official website here: www.thirdcoastpercussion.com
Who are the executives of Third Coast Percussion Nfp and what are their salaries?
The average compensation at Third Coast Percussion Nfp during 2024 was $72,133. There are 8 employees and 27 volunteers at Third Coast Percussion Nfp.
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- Other: $2,400
Official website here: www.thirdcoastpercussion.com
Where can I find the form 990 for Third Coast Percussion Nfp?
Third Coast Percussion Nfp's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.thirdcoastpercussion.com
Learn more at the official website: www.thirdcoastpercussion.com
Mission Statement of Third Coast Percussion Nfp
Third Coast Percussion, a nonprofit organization, is committed to enriching and entertaining the wider public through performances of contemporary and classical repertoire. They present these concerts not only in traditional concert halls but also in alternative venues, thereby broadening the audience for new music and the arts. Their mission extends beyond performance, as they actively engage in the development of new repertoire for percussion, commissioning and collaborating with living composers to create music specifically designed for their ensemble.
In addition to performance and repertoire development, Third Coast Percussion is deeply involved in arts education. They conduct outreach and educational concerts for primary and secondary schools, exposing younger generations to music and the significance of the arts in modern culture and society. Moreover, they present clinics and masterclasses to students at music schools, conservatories, and universities, aiming to educate future music professionals.
In essence, Third Coast Percussion's mission is to inspire and educate through the creation of exciting and unexpected musical experiences, both in performance and education settings. Their mission aligns with their belief in the power of music to connect, educate, and entertain, ensuring that the arts remain an integral part of our culture and society.
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Impact
July, 2024
Third Coast Percussion's impact is significant in the realm of music and the arts. Through their innovative performances of contemporary and classical repertoire in traditional and alternative venues, they have enriched and entertained a broad public audience while promoting new music and the arts to a wider demographic. By actively commissioning and collaborating with living composers to create new music tailored for the ensemble, they contribute to the development of percussion repertoire and support the growth of contemporary music.
Furthermore, their involvement in arts education, including outreach concerts for primary and secondary schools, helps expose younger generations to the importance of music and the arts in modern culture and society. By presenting clinics and masterclasses to students at music schools, conservatories, and universities, Third Coast Percussion plays a crucial role in educating future music professionals and fostering a new generation of talent within the industry.
Their dedication to performance excellence and their resilience during challenging times, such as the COVID-19 pandemic, is evident through their adaptability in transitioning to online platforms and their continued commitment to engaging audiences both locally and internationally. With accolades like Grammy nominations and successful album releases, Third Coast Percussion not only showcases their artistic prowess but also elevates the profile of contemporary classical music. In summary, Third Coast Percussion's impact is profound, inspiring, and educational, making a lasting impression on both the music community and society at large.
This information is meant to be a general summary of Third Coast Percussion Nfp. 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 2024.
- Investment Income: $15,442
- Program Service Revenue: $488,945
- Gross Receipts: $1,131,932
Assets and Liabilities:
- Total Assets: $498,671
- Total Liabilities: $0
- Net Assets: $498,671
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PERFORMANCE FEES
Revenue
$475,145
EDUCATION REVENUE
Revenue
$13,800
Organization Details
Founding Year
2007
Principal Officer
Ethelbert Williams
Website
www.thirdcoastpercussion.comNTEE Category
Code: A68 - Arts
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