Overview
What is South Dakota Symphony Orchestra?
The South Dakota Symphony Orchestra, located at 301 S MAIN AVE 4TH FL, Sioux Falls, SD 57104, is a nonprofit organization dedicated to enriching lives through live music performances. Their mission involves promoting an understanding and appreciation of music through education and concerts. The orchestra offers 11 orchestra concerts, 3 chamber music concerts, and various community engagement programs. To make their music accessible, they maintain a digital music library and livestream classical orchestra concerts for free. Their core values include community engagement, creating partnerships, lifelong impact, educational opportunities, and cherishing the tradition of live symphonic music. With a staff of 185 individuals, the South Dakota Symphony Orchestra is committed to making a lasting, positive impact on people's lives through music.
Official website here: www.sdsymphony.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97% (Four-Star out of Four Stars)
The South Dakota Symphony Orchestra has earned a commendable Four-Star rating from Charity Navigator, reflecting a strong commitment to accountability and financial health. The organization boasts a perfect score in several key areas, including full independence of its board members and effective oversight of financial statements. Their financial management practices indicate a responsible approach to assets, with no material diversions reported.
Despite its strengths, the Symphony has a notable limitation: the absence of a whistleblower policy, which is crucial for fostering transparency and accountability. However, the organization compensates for this shortcoming with a robust financial structure, including a low liabilities-to-assets ratio and impressive program expense ratio, indicating that a significant portion of their resources is directed toward their mission.
Overall, the South Dakota Symphony Orchestra demonstrates effective governance and sound financial practices, making it a reliable choice for donors interested in supporting the arts. The organization's commitment to transparency and efficient use of funds enhances its reputation as a responsible nonprofit.
This AI summary has been generated from information found on Charity Navigator.
Is South Dakota Symphony Orchestra legitimate?
South Dakota Symphony Orchestra is a legitimate nonprofit organization registered as a 501(c)(3) entity. South Dakota Symphony Orchestra 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: $139,080
Professional Fundraising Fees: $4,167
Other Salaries and Wages: $943,081
For more financial information, click here
Official website here: www.sdsymphony.org
What is the mission statement of South Dakota Symphony Orchestra?
The South Dakota Symphony Orchestra's mission is centered around promoting an understanding and appreciation of music. They achieve this through education and concerts, aiming to celebrate the timeless tradition of live orchestral music and enrich lives across their region. The orchestra is grounded in five core values: community engagement, creating partnerships, lifelong impact, educational opportunities, and the cherishing of musical traditions. Their community engagement efforts connect individuals and organizations to the orchestra, while creating partnerships enriches lives through music. The orchestra strives for a lasting, positive impact on people's lives through music and provides various educational opportunities for individuals to learn, experience, and appreciate music. Ultimately, the South Dakota Symphony Orchestra cherishes the musical traditions that have been nurtured and refined over centuries.
Official website here: www.sdsymphony.org
Who is the CEO of South Dakota Symphony Orchestra?
Jennifer Teisinger is the Executive Director of South Dakota Symphony Orchestra.
Official website here: www.sdsymphony.org
What is the revenue of South Dakota Symphony Orchestra?
South Dakota Symphony Orchestra's revenue in 2022 was $3,205,884.
Official website here: www.sdsymphony.org
Who are the executives of South Dakota Symphony Orchestra and what are their salaries?
The average compensation at South Dakota Symphony Orchestra during 2022 was $5,850. There are 185 employees and 75 volunteers at South Dakota Symphony Orchestra.
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Official website here: www.sdsymphony.org
Where can I find the form 990 for South Dakota Symphony Orchestra?
South Dakota Symphony Orchestra's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.sdsymphony.org
Learn more at the official website: www.sdsymphony.org
Mission Statement of South Dakota Symphony Orchestra
The South Dakota Symphony Orchestra, with a deep-rooted commitment to promoting an appreciation of music, dedicates itself to celebrating the tradition of live orchestral music and enriching the lives of people within its region. Grounded in five core values, this esteemed organization focuses on community engagement, creating partnerships, fostering lifelong impact, offering educational opportunities, and preserving the art of live symphonic music.
Community engagement is at the heart of the South Dakota Symphony Orchestra's mission. It seeks to bridge the gap between individuals and organizations, connecting them with the power of orchestral music. To accomplish this, the orchestra goes beyond traditional concert settings and actively engages with its community in new and innovative ways.
The orchestra also strives to create partnerships, collaborating with others to enrich lives through the shared experience of music. It values the importance of bringing live symphonic performances to diverse audiences and actively seeks opportunities to engage them in meaningful ways. By doing so, the orchestra hopes to make a lasting, positive impact on people's lives.
Education is another crucial aspect of the South Dakota Symphony Orchestra's mission. It offers a wide range of opportunities for people to learn about, experience, and appreciate music. With various programs, workshops, and events, the orchestra aims to inspire curiosity and foster a love for music in people of all ages and backgrounds.
Lastly, the South Dakota Symphony Orchestra cherishes the musical traditions that have been nurtured and refined for centuries. It is committed to preserving and performing this rich heritage, providing audiences with the opportunity to experience the timeless beauty and power of live symphonic music. Through its concerts, educational programs, and community engagement initiatives, the South Dakota Symphony Orchestra continues to enrich the lives of people in its region, celebrating the art of music and fostering a deeper appreciation for its power to connect and inspire.
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Impact
July, 2024
The South Dakota Symphony Orchestra's impact is profound and far-reaching. Through its mission to promote an understanding and appreciation of the art of music, the orchestra enriches lives throughout the community and the state. By offering a diverse range of concerts, including 11 orchestra concerts and 3 chamber music concerts, the South Dakota Symphony Orchestra brings the beauty of live music performance to audiences of all ages.
One key aspect of the orchestra's impact is its commitment to making music accessible to as many people as possible. By maintaining a digital music library and live-streaming classical orchestra concerts free of charge, the South Dakota Symphony Orchestra ensures that individuals from various backgrounds can experience the transformative power of music without any barriers.
Furthermore, the orchestra's core values, including community engagement, creating partnerships, lifelong impact, educational opportunities, and a dedication to live symphonic music, reflect its deep commitment to enriching the lives of people throughout the region. Through educational programs and engagement initiatives, the South Dakota Symphony Orchestra not only celebrates the tradition of live orchestral music but also fosters a lifelong love and appreciation for music among its audience members.
In essence, the South Dakota Symphony Orchestra's impact extends beyond just providing musical performances; it cultivates a sense of cultural enrichment, education, and community engagement that resonates with individuals and organizations throughout Sioux Falls and the state of South Dakota.
This information is meant to be a general summary of South Dakota Symphony Orchestra. 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: $65,752
- Program Service Revenue: $572,770
- Gross Receipts: $3,294,824
Assets and Liabilities:
- Total Assets: $3,760,740
- Total Liabilities: $319,706
- Net Assets: $3,441,034
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PERFORMANCE REVENUE
Revenue
$520,876
Organization Details
Founding Year
1965
Phone
(605) 335-7933Principal Officer
Jennifer Teisinger
Main Address
301 S MAIN AVE 4TH FL, SIOUX FALLS, SD, 57104
Website
www.sdsymphony.orgNTEE Category
Code: A690 - Arts
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