Overview
What is Palaver Strings Inc?
Palaver Strings Inc, located in Portland, Maine, is a musician-led, nonprofit organization dedicated to enriching and inspiring the community through music. With a team of 15 individuals, Palaver Strings presents over 40 performances annually, fostering artistic and administrative leadership that engages new audiences, tackles social justice issues, and amplifies underrepresented voices. The organization's mission is to cultivate a love for music, nurture creativity, and provide a platform for shared dialogue among people from diverse cultural and socioeconomic backgrounds. Palaver Strings operates as a music center that seeks to strengthen community ties and promote understanding through the power of music.
Official website here: www.palaverstrings.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96%, Four-Star out of Four Stars
Palaver Strings Inc has earned a commendable Four-Star rating from Charity Navigator, reflecting its strong commitment to accountability and finance. The organization scored an impressive 96% in its Accountability & Finance category, which highlights its effective financial management and transparency. The rating is based solely on this beacon score, indicating that the charity prioritizes responsible financial practices.
The organization demonstrates robust governance structures, with a fully independent board composed of 13 members, earning top scores in board independence and oversight. Additionally, Palaver Strings Inc has established comprehensive policies regarding conflicts of interest, whistleblower protections, and document retention, all of which contribute to its solid operational integrity. Their financial statements are well-audited, and they show no material diversion of assets.
With a program expense ratio of 76.41%, the charity allocates a significant portion of its resources directly to its programs. This focus on mission-driven spending reflects positively on its effectiveness in serving its community. Overall, Palaver Strings Inc appears to be a well-managed organization that upholds high standards of financial accountability, although specific program outcomes and impact metrics were not detailed in the available data.
This AI summary has been generated from information found on Charity Navigator.
Is Palaver Strings Inc legitimate?
Palaver Strings Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Palaver Strings 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: $294,347
For more financial information, click here
Official website here: www.palaverstrings.org
What is the mission statement of Palaver Strings Inc?
Palaver Strings Inc's mission is to reinforce and inspire community connection through music. The Palaver Music Center aims to cultivate a love for music, encourage creativity, and facilitate open dialogue among individuals from various cultural and socioeconomic backgrounds. As a musician-led string ensemble and nonprofit organization, Palaver Strings presents over 40 performances annually. Their approach emphasizes shared leadership, a passion for engaging new audiences, and addressing social justice issues while amplifying underrepresented voices.
Official website here: www.palaverstrings.org
Who is the CEO of Palaver Strings Inc?
Maya French is the President of Palaver Strings Inc.
Official website here: www.palaverstrings.org
What is the revenue of Palaver Strings Inc?
Palaver Strings Inc's revenue in 2023 was $627,876.
Official website here: www.palaverstrings.org
Who are the executives of Palaver Strings Inc and what are their salaries?
The average compensation at Palaver Strings Inc during 2023 was $19,623. There are 15 employees and 13 volunteers at Palaver Strings Inc.
Here are 15 key members and their salaries:
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- Compensation: $63,243
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- Compensation: $61,535
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Official website here: www.palaverstrings.org
Where can I find the form 990 for Palaver Strings Inc?
Palaver Strings Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.palaverstrings.org
Learn more at the official website: www.palaverstrings.org
Mission Statement of Palaver Strings Inc
Palaver Strings Inc, a musician-led string ensemble and nonprofit organization, is dedicated to strengthening and inspiring community through music. Their mission is multifaceted, aiming to generate a love of music, foster creativity, and provide a platform for shared dialogue among people from diverse cultural and socioeconomic backgrounds. By presenting over 40 performances annually, the musicians of Palaver Strings not only showcase their artistic skills but also share leadership responsibilities, guided by a passion for engaging new audiences, addressing social justice issues, and amplifying underrepresented voices.
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Impact
July, 2024
Palaver Strings Inc, a musician-led string ensemble based in Portland, ME, has established itself as a forward-thinking ensemble with a mission to strengthen and inspire community through music. Through their innovative musician-led model, Palaver Strings presents over 40 performances a year, sharing artistic and administrative leadership among its members. The organization is guided by a passion for engaging new audiences, addressing social justice issues, and amplifying underrepresented voices in the community. Their work not only fosters a love for music and creativity but also creates a space for meaningful dialogue among people from diverse cultural and socioeconomic backgrounds. Palaver Strings Inc's impact is evident in the way they use music as a tool to build connections, promote inclusivity, and inspire positive change within their community.
This information is meant to be a general summary of Palaver Strings 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 2023.
- Investment Income: $227
- Program Service Revenue: $106,370
- Gross Receipts: $627,876
Assets and Liabilities:
- Total Assets: $165,064
- Total Liabilities: $65,141
- Net Assets: $99,923
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EDUCATION (PALAVER MUSIC CENT
Revenue
$37,805
PERFORMANCE INCOME:CONTRACTED
Revenue
$36,425
PERFORMANCE INCOME:SEASON PER
Revenue
$14,755
EDUCATION (PALAVER MUSIC CENT
Revenue
$7,520
PERFORMANCE INCOME:PALAVER GI
Revenue
$6,600
Organization Details
Founding Year
2015
Phone
(207) 930-5189Principal Officer
Maya French
Main Address
380 CUMBERLAND AVENUE FLOOR 2, PORTLAND, ME, 04101
Website
www.palaverstrings.orgNTEE Category
Code: A60 - Arts
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