Overview
What is The Friends Of Chamber Music?
The Friends of Chamber Music is a nonprofit organization located in Kansas City, Missouri, specifically at 4635 Wyandotte STE 201. This organization is dedicated to enriching the community by offering high-quality chamber music performances. Beyond entertainment, they also engage in educational activities, aiming to inspire and engage residents of the Kansas City metropolitan area. With a team of five dedicated individuals, they strive to make chamber music accessible and enjoyable for all, fostering a sense of unity and cultural appreciation within the community.
Official website here: www.chambermusic.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 54%, One-Star out of Four Star rating.
The Friends Of Chamber Music has received a score of 54%, which reflects a One-Star rating, indicating significant concerns regarding its financial management and transparency. While the organization has an independent board with a strong structure, evidenced by 88% independent members and effective audit oversight, there are notable weaknesses in its financial practices and reporting.
Specifically, the program expense ratio is low at 43.76%, suggesting that a smaller portion of its budget is dedicated to its programs compared to administrative or fundraising expenses. Additionally, the organization is missing critical financial documents on its website, including tax forms and board meeting minutes, which raises concerns over transparency and accountability.
Overall, while The Friends Of Chamber Music demonstrates a commitment to governance and ethical policies, the low financial score indicates a need for improvement in resource allocation and public financial disclosure. These factors contribute to a cautious outlook for potential donors and supporters considering engagement with the organization.
This AI summary has been generated from information found on Charity Navigator.
Is The Friends Of Chamber Music legitimate?
The Friends Of Chamber Music is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Friends Of Chamber Music 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $241,772
For more financial information, click here
Official website here: www.chambermusic.org
What is the mission statement of The Friends Of Chamber Music?
The Friends of Chamber Music, as an organization, is dedicated to enriching the community by offering high-quality chamber music performances. Besides musical entertainment, they also provide educational programs and various activities to the residents of the Kansas City metropolitan area. Their mission is centered around promoting music appreciation and fostering a deeper connection with chamber music for the local community.
Official website here: www.chambermusic.org
What is the revenue of The Friends Of Chamber Music?
The Friends Of Chamber Music's revenue in 2024 was $966,360.
Official website here: www.chambermusic.org
Who are the executives of The Friends Of Chamber Music and what are their salaries?
The average compensation at The Friends Of Chamber Music during 2024 was $48,354. There are 5 employees at The Friends Of Chamber Music.
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Official website here: www.chambermusic.org
Where can I find the form 990 for The Friends Of Chamber Music?
The Friends Of Chamber Music's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.chambermusic.org
Learn more at the official website: www.chambermusic.org
Mission Statement of The Friends Of Chamber Music
The Friends of Chamber Music, as an organization, is committed to enriching the community by offering high-quality chamber music performances. Beyond just music, they also engage in educational activities, aiming to cater to the residents of the Kansas City metropolitan area. Through their initiatives, they strive to bring the joy and appreciation of chamber music to a wider audience, fostering a sense of community and cultural growth.
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Impact
July, 2024
The Friends of Chamber Music enriches the Kansas City metropolitan area with high-quality chamber music performances that inspire and engage audiences. By providing educational performances and activities, the organization contributes to the cultural vitality of the community. Through their commitment to promoting chamber music, they offer residents opportunities to experience and appreciate this art form, fostering a deeper connection to classical music.
This information is meant to be a general summary of The Friends Of Chamber Music. 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: $91,250
- Program Service Revenue: $144,804
- Gross Receipts: $1,031,797
Assets and Liabilities:
- Total Assets: $1,671,327
- Total Liabilities: $89,631
- Net Assets: $1,581,696
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SEASON TICKET SALES
Revenue
$66,276
INDIVIDUAL TICKET SALES
Revenue
$78,528
Organization Details
Founding Year
1976
Principal Officer
Albert Mauro Jr
Website
www.chambermusic.orgNTEE Category
Code: A610 - Arts
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