Overview
What is Quad City Symphony Trust?
The Quad City Symphony Trust is a charitable organization situated in Davenport, Iowa, with an address at 327 Brady Street, 52801. Its primary mission is to support the Quad City Symphony Orchestra, serving over 400,000 local residents, encompassing both adults and children. The trust achieves this objective by offering premium symphonic music and music education. To accomplish this goal, the Quad City Symphony Trust manages investments and real estate, allocating 5% of its value as income annually, thereby contributing to the tax-exempt charitable works of the Quad City Symphony Orchestra Association.
Is Quad City Symphony Trust legitimate?
Quad City Symphony Trust is a legitimate nonprofit organization registered as a 501(c)(3) entity. Quad City Symphony Trust 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 Quad City Symphony Trust?
The Quad City Symphony Trust serves to support the charitable works of the Quad City Symphony Orchestra Association, as outlined in its tax-exempt status. Its primary mission is to advance the cause of the orchestra, reaching over 400,000 local residents, both adults and children, with top-tier symphonic music and music education. The trust accomplishes this by allocating a portion of its value to the association annually, acting as a financial backup for the orchestra's operations and initiatives. In essence, the Quad City Symphony Trust exists to bolster the Quad City Symphony Orchestra's ability to deliver its artistic and educational offerings to the community.
Who is the CEO of Quad City Symphony Trust?
Beth Sindt is the Director of Quad City Symphony Trust.
What is the revenue of Quad City Symphony Trust?
Quad City Symphony Trust's revenue in 2022 was $993,314.
Who are the executives of Quad City Symphony Trust and what are their salaries?
Here are 7 key members and their salaries:
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Where can I find the form 990 for Quad City Symphony Trust?
Quad City Symphony Trust's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Quad City Symphony Trust
The Quad City Symphony Trust, a vital entity, is established with the primary objective of advancing the charitable endeavors of the Quad City Symphony Orchestra Association. This organization serves to bolster the Quad City Symphony Orchestra, enabling it to reach over 400,000 residents in the area, both adults and children. The Quad City Symphony Trust accomplishes this by offering the highest quality symphonic music and music education available. In addition, the Trust allocates 5% of its value annually as support to the Association, acting as a financial pillar for the orchestra's operations. In essence, the Quad City Symphony Trust plays a crucial role in upholding and fostering the artistic and educational endeavors of the Quad City Symphony Orchestra Association.
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Impact
October, 2024
The Quad City Symphony Trust significantly enhances the cultural landscape of the Quad Cities by supporting high-quality symphonic music and music education for over 400,000 residents annually. By managing investments and real estate, the Trust allocates critical funding to the Quad City Symphony Orchestra Association, ensuring the orchestra's continued ability to engage with both adults and children in the community. This financial support promotes access to exceptional musical experiences and educational opportunities, fostering a deeper appreciation for the arts. Through its contributions, the Trust plays a vital role in enriching the region’s artistic offerings and inspiring future generations of musicians and audiences alike.
This information is meant to be a general summary of Quad City Symphony Trust. 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: $969,213
- Gross Receipts: $1,016,099
Assets and Liabilities:
- Total Assets: $12,980,069
- Total Liabilities: $5,262
- Net Assets: $12,974,807
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Organization Details
Founding Year
1998
Phone
(563) 322-0931Principal Officer
Beth Sindt
Main Address
327 BRADY STREET, DAVENPORT, IA, 52801
NTEE Category
Code: A680 - Arts
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