Overview
What is Topeka Symphony Society?
The Topeka Symphony Society is a dedicated nonprofit organization that champions music appreciation in the Topeka community. Their primary mission involves providing financial assistance to various musical groups, such as the Topeka Symphony, youth orchestra, and symphony chorus. Furthermore, they extend their support to aspiring musicians by offering scholarships to students at Washburn University. By funding these musical initiatives and nurturing talent, the Topeka Symphony Society contributes significantly to the city's cultural landscape.
Official website here: www.topekasymphony.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73% (Two-Star out of Four Stars)
The Topeka Symphony Society has received a rating of 73%, which classifies it as a Two-Star organization. This score reflects the charity's accountability and financial management, demonstrating strengths such as a fully independent board and a high program expense ratio of 93.82%, indicating that most of its funds are directed towards its programs rather than administrative costs.
One of the notable strengths of the organization includes its complete transparency in governance, with 100% of board members being independent and proper documentation of board meeting minutes. Additionally, there were no reported material diversions of assets, showcasing a commitment to responsible financial practices.
However, the organization faces some limitations, notably the absence of a whistleblower policy and a document retention and destruction policy. These gaps may raise concerns regarding internal accountability and compliance with best practices in nonprofit governance. Overall, while the Topeka Symphony Society shows strong financial health and governance, addressing these policy shortcomings could enhance its credibility and operational effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Topeka Symphony Society legitimate?
Topeka Symphony Society is a legitimate nonprofit organization registered as a 501(c)(3) entity. Topeka Symphony Society 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: $129,432
For more financial information, click here
Official website here: www.topekasymphony.org
What is the mission statement of Topeka Symphony Society?
The Topeka Symphony Society's mission is centered around fostering an appreciation for music. They accomplish this by financially backing the Topeka Symphony, a youth orchestra, and a symphony chorus. Furthermore, they extend their support to budding music talents by providing scholarships to students at Washburn University. This organization plays a significant role in nurturing music enthusiasts and promoting the art form within their community.
Official website here: www.topekasymphony.org
What is the revenue of Topeka Symphony Society?
Topeka Symphony Society's revenue in 2024 was $556,942.
Official website here: www.topekasymphony.org
Who are the executives of Topeka Symphony Society and what are their salaries?
The average compensation at Topeka Symphony Society during 2024 was $25,886. There are 5 employees and 45 volunteers at Topeka Symphony Society.
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Official website here: www.topekasymphony.org
Where can I find the form 990 for Topeka Symphony Society?
Topeka Symphony Society's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.topekasymphony.org
Learn more at the official website: www.topekasymphony.org
Mission Statement of Topeka Symphony Society
The Topeka Symphony Society, a dedicated organization, is committed to fostering music appreciation. Its mission is centered around supporting various musical endeavors. This includes funding the Topeka Symphony, a local orchestra that brings melodious performances to the community. Additionally, the society extends its support to a youth orchestra, encouraging the younger generation to develop a love for music. Furthermore, the symphony chorus, another integral part of the musical landscape, also receives financial backing from the society.
Beyond financial support, the Topeka Symphony Society extends its mission by offering scholarships to music students at Washburn University. This initiative allows talented musicians to pursue their passion for music, ensuring that the rich tradition of music appreciation continues to thrive. By providing opportunities for both established musicians and emerging talent, the Topeka Symphony Society is playing a vital role in nurturing the musical community.
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Impact
July, 2024
The Topeka Symphony Society's impact is felt throughout the community by supporting music appreciation through funding the Topeka Symphony, youth orchestra, and symphony chorus. Additionally, the society provides scholarships to music students at Washburn University, nurturing the next generation of musicians. Through these initiatives, the Topeka Symphony Society enriches the cultural landscape of Topeka, Kansas, and fosters a vibrant arts scene in the region.
This information is meant to be a general summary of Topeka Symphony Society. 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: $2,479
- Program Service Revenue: $239,785
- Gross Receipts: $571,893
Assets and Liabilities:
- Total Assets: $2,177,115
- Total Liabilities: $56,912
- Net Assets: $2,120,203
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CONCERT TICKET SALES
Revenue
$107,404
CONTRACT PERFORMACE INCOME
Revenue
$65,605
LEAGUE SUPPORT
Revenue
$42,831
YOUTH ACTIVITIES
Revenue
$18,345
ADVERTISING INCOME
Revenue
$5,600
Organization Details
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