Overview
What is Capital Concerts Inc?
Capital Concerts Inc, a Washington D.C.-based nonprofit with 327 employees, is dedicated to creating and producing two renowned public concerts – the National Memorial Day Concert and A Capitol Fourth. These events, broadcasted nationally over public television and radio, honor and remember United States armed forces personnel and celebrate the country's birthday respectively. The concerts take place on the West Lawn of the U.S. Capitol grounds and feature the National Symphony Orchestra and other acclaimed performers and personalities. Capital Concerts strives to explore inventive solutions for educational and cultural issues through the power of the arts, public television, and collaborative activities, offering the public a variety of educational programs and cultural events.
Official website here: www.capitalconcerts.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 96% (Four-Star out of Four Star rating)
Capital Concerts Inc has achieved a remarkable 96% rating from Charity Navigator, reflecting its strong accountability and financial practices. This score is significant as it highlights the organization's commitment to transparency and effective management, with a perfect score on various accountability measures, including independent board governance and financial oversight.
The organization demonstrates excellent financial health, evidenced by its program expense ratio of over 92%, indicating that a substantial portion of its funds is directed towards its programs. Additionally, the absence of material diversion of assets and the presence of key policies like conflict of interest and whistleblower protections further exemplify its dedication to ethical practices.
While the organization excels in accountability and financial management, it is essential to consider ongoing feedback and the impact of its programs to fully assess its effectiveness in serving its mission. Overall, Capital Concerts Inc stands out as a highly rated nonprofit with a clear focus on responsible governance and fiscal integrity.
This AI summary has been generated from information found on Charity Navigator.
Is Capital Concerts Inc legitimate?
Capital Concerts Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Capital Concerts 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: $749,613
Professional Fundraising Fees: $40,800
Other Salaries and Wages: $3,352,005
For more financial information, click here
Official website here: www.capitalconcerts.org
What is the mission statement of Capital Concerts Inc?
Capital Concerts Inc is dedicated to discovering innovative solutions for educational and cultural challenges. They achieve this goal by utilizing the arts, public television, and collaborative activities. Through their efforts, they provide the public with educational programs and cultural events. Notably, they produce two renowned national concerts telecast over public television and radio. One of these concerts, the "National Memorial Day Concert," honors those who have served and continue to serve in the U.S. armed forces. The other, "A Capitol Fourth," is a Fourth of July concert celebrating the nation's birthday. Both concerts feature the National Symphony Orchestra and other esteemed performers and personalities, taking place on the West Lawn of the U.S. Capitol grounds.
Official website here: www.capitalconcerts.org
Who is the CEO of Capital Concerts Inc?
Michael Colbert is the President/Executive Produc of Capital Concerts Inc.
Official website here: www.capitalconcerts.org
What is the revenue of Capital Concerts Inc?
Capital Concerts Inc's revenue in 2022 was $12,039,539.
Official website here: www.capitalconcerts.org
Who are the executives of Capital Concerts Inc and what are their salaries?
The average compensation at Capital Concerts Inc during 2022 was $12,543. There are 327 employees and 35 volunteers at Capital Concerts Inc.
Here are 6 key members and their salaries:
- Compensation: $275,000
- Related: $0
- Other: $282,661
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $157,133
- Related: $0
- Other: $34,820
- Compensation: $132,000
- Related: $0
- Other: $0
Official website here: www.capitalconcerts.org
Where can I find the form 990 for Capital Concerts Inc?
Capital Concerts Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.capitalconcerts.org
Learn more at the official website: www.capitalconcerts.org
Mission Statement of Capital Concerts Inc
Capital Concerts Inc, a renowned organization, is dedicated to discovering innovative solutions for educational and cultural challenges in the country. By harnessing the power of the arts, public television, and collaborative activities, Capital Concerts Inc creates and produces two prestigious national events.
The first event, the "National Memorial Day Concert," is a touching tribute to those who have served and are currently serving in the United States Armed Forces. This poignant event, held annually, honors and remembers the sacrifices made by these brave individuals and their families. The National Symphony Orchestra and other distinguished performers and personalities come together on this occasion to pay their respects through music and inspiring speeches.
The second event, "A Capitol Fourth," is a vibrant Fourth of July celebration that brings the nation together in a collective expression of patriotism and joy. This cherished tradition features the National Symphony Orchestra, illustrious performers, and notable personalities. The West Lawn of the United States Capitol Grounds serves as the picturesque backdrop for this grand event, where families and friends come together to celebrate the nation's birth and its rich history.
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Impact
October, 2024
Capital Concerts Inc has a significant impact on American culture by producing major public concerts that celebrate national identity and honor service members. These events, including the "National Memorial Day Concert" and "A Capitol Fourth," are not only artistic showcases but also serve as powerful platforms for remembrance and patriotism. Televised nationally, they reach a vast audience, fostering a sense of community and shared values across the nation.
The concerts feature the National Symphony Orchestra alongside esteemed performers and public figures, elevating cultural appreciation and engagement among viewers. By integrating the arts with educational programs and cultural events, Capital Concerts Inc addresses important societal issues and promotes an understanding of heritage and service. Their mission to seek creative solutions through the arts supports a broader dialogue about education, culture, and the significance of collective memory in shaping a nation's identity. This unique blend of artistry, education, and national pride enriches the cultural fabric of the country and inspires future generations.
This information is meant to be a general summary of Capital Concerts 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.
- Investment Income: $19,450
- Gross Receipts: $12,039,539
Assets and Liabilities:
- Total Assets: $4,515,782
- Total Liabilities: $1,143,046
- Net Assets: $3,372,736
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Organization Details
Founding Year
1997
Phone
(202) 554-4620Principal Officer
Michael Colbert
Main Address
499 S CAPITOL STREET SW 504, WASHINGTON, DC, 20003
Website
www.capitalconcerts.orgNTEE Category
Code: A680 - Arts
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