Overview
What is Nu Deco Ensemble Inc?
Nu Deco Ensemble Inc is a vibrant and innovative 21st-century chamber orchestra based in Miami. With a mission to inspire, enrich, and connect diverse audiences and artists, they specialize in genre-bending music that blends various styles. Their live education programs, reaching over 1,500 students in south Miami-Dade, and their virtual counterparts, benefiting over 37,000 students, are impactful in spreading their love for music. By showcasing works of living classical music composers at venues like the Light Box Theatre, Nu Deco Ensemble Inc brings fresh perspectives to traditional music, enriching the cultural landscape of Miami.
Official website here: www.nu-deco.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (60%, Two-Star out of Four Star rating)
Nu Deco Ensemble Inc has received a two-star rating from Charity Navigator, indicating a need for improvement in various operational and financial aspects. The organization's Accountability & Finance Score of 59 reflects some weaknesses in financial management, particularly in its fundraising efficiency and working capital ratio, both of which received the lowest possible scores. However, it does have strong governance features, such as a fully independent board and effective oversight mechanisms.
On a positive note, the organization has demonstrated solid practices in areas like conflict of interest policies and the publication of board meeting minutes. Notably, all board members are independent, which strengthens governance and decision-making processes. The program expense ratio of 57% suggests that a majority of its resources are being directed towards its programs, although this could be improved.
Despite its strengths, the lack of a whistleblower policy and document retention practices raises concerns about transparency and accountability. Additionally, the high liabilities to assets ratio shows potential financial instability, and the very low fundraising efficiency ratio highlights the need for a more effective strategy in generating income. Overall, while Nu Deco Ensemble Inc has solid governance practices, it faces critical challenges that must be addressed to improve its rating and overall effectiveness.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Nu Deco Ensemble Inc?
98% of 19 reviewers on Facebook recommend Nu Deco Ensemble Inc. Here is a summary of their reviews:
Supporters express a deep emotional connection to the performances, describing experiences that evoke goosebumps. Many reviewers highlight their commitment to attending every performance, indicating a strong loyalty and appreciation for the ensemble's work.
Overall, the sentiment towards Nu Deco Ensemble is overwhelmingly positive, with patrons praising the quality and impact of the music. The enthusiasm demonstrates that the nonprofit truly resonates with its audience and fosters a strong community around its artistic offerings.
This AI summary has been generated from reviews found on Facebook.
Is Nu Deco Ensemble Inc legitimate?
Nu Deco Ensemble Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Nu Deco Ensemble 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $419,180
For more financial information, click here
Official website here: www.nu-deco.org
What is the mission statement of Nu Deco Ensemble Inc?
Nu Deco Ensemble Inc's mission is centered around creating compelling and transformative musical experiences through genre-bending music. Their objective is to inspire, enrich, and connect diverse audiences and artists. The ensemble uses virtuosity and eclecticism in their chamber orchestra performances, reaching out to a wide range of students through live education programs and virtual events. They showcase new classical music at various performance venues, particularly the Light Box Theatre, performing works by contemporary classical music composers.
Official website here: www.nu-deco.org
Who is the CEO of Nu Deco Ensemble Inc?
Sam Hyken is the Cfo / Treasurer of Nu Deco Ensemble Inc.
Official website here: www.nu-deco.org
What is the revenue of Nu Deco Ensemble Inc?
Nu Deco Ensemble Inc's revenue in 2022 was $1,483,801.
Official website here: www.nu-deco.org
Who are the executives of Nu Deco Ensemble Inc and what are their salaries?
The average compensation at Nu Deco Ensemble Inc during 2022 was $59,883. There are 7 employees and 15 volunteers at Nu Deco Ensemble Inc.
Here are 13 key members and their salaries:
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Official website here: www.nu-deco.org
Where can I find the form 990 for Nu Deco Ensemble Inc?
Nu Deco Ensemble Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.nu-deco.org
Learn more at the official website: www.nu-deco.org
Mission Statement of Nu Deco Ensemble Inc
Nu Deco Ensemble, a virtuosic and eclectic chamber orchestra, is on a mission to create compelling and transformative musical experiences for diverse audiences and artists in the 21st century. Their goal is to inspire, enrich, and connect individuals through genre-bending music. This nonprofit organization achieves this by presenting live performances at venues such as the Light Box Theatre in Miami, showcasing works by contemporary classical music composers.
Nu Deco Ensemble goes beyond traditional concert experiences by reaching out to the local community. They have an education program that has engaged over 1,500 students in the south Miami-Dade area, inspiring young minds with their unique blend of music genres. Additionally, their virtual program has benefited over 37,134 students, extending their reach beyond local borders. Through their performances and educational programs, Nu Deco Ensemble is breaking down boundaries, connecting people from diverse backgrounds, and fostering a shared appreciation for music.
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Impact
July, 2024
Nu Deco Ensemble Inc's impact is evident in how it creates virtuosic and eclectic chamber orchestra experiences to inspire, enrich, and connect diverse audiences and artists through transformative genre-bending music. By reaching over 1,500 students in the south Miami-Dade area through live education performance programs and benefiting over 37,134 students through virtual programs, Nu Deco Ensemble is actively engaging and educating the community. Additionally, by showcasing new classical music at the Light Box Theatre and other performance venues in Miami, and performing works by living classical music composers, Nu Deco Ensemble is contributing to the cultural vibrancy of the city and beyond.
This information is meant to be a general summary of Nu Deco Ensemble 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: $508,916
- Gross Receipts: $1,483,801
Assets and Liabilities:
- Total Assets: $120,876
- Total Liabilities: $137,552
- Net Assets: -$16,676
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CONCERT FEE REVENUE
Revenue
$494,314
Organization Details
Founding Year
2013
Phone
(305) 497-0644Principal Officer
Sam Hyken
Main Address
2100 BISCAYNE BLVD, MIAMI, FL, 33137
Website
www.nu-deco.orgNTEE Category
Code: A68 - Arts
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