Overview
What is The Richmond Symphony Foundation?
The Richmond Symphony Foundation, stationed in Richmond, Virginia, is a distinguished nonprofit organization with a primary purpose of supporting the Richmond Symphony. This support encompasses various aspects, ensuring the orchestra's continued success and growth. The Foundation's mission is to uphold the artistic excellence and cultural vibrancy of the Richmond Symphony, contributing to the city's rich cultural landscape.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94%, Four-Star out of Four Stars
The Richmond Symphony Foundation has achieved a high rating of 94%, reflecting strong accountability and financial health. This rating is derived entirely from its accountability and finance metrics, indicating a solid operational foundation. The organization excels in various areas, including a fully independent board and a low liabilities-to-assets ratio, highlighting its commitment to fiscal responsibility.
Key strengths of the foundation include its outstanding score in program expense ratio, which stands at approximately 87.94%. This suggests that a significant portion of its funding is directed towards its mission-related programs. Additionally, the foundation has established comprehensive policies for governance, such as conflict of interest and whistleblower policies, ensuring ethical management practices are in place.
However, while the foundation scores exceptionally well in accountability and finance, the rating does not provide insights into programmatic effectiveness or community impact. Potential donors may wish to explore these aspects further to gain a holistic view of the organization's contributions to the community. Overall, The Richmond Symphony Foundation demonstrates a solid commitment to transparency and effective financial management.
This AI summary has been generated from information found on Charity Navigator.
Is The Richmond Symphony Foundation legitimate?
The Richmond Symphony Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Richmond Symphony Foundation 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: $75,479
For more financial information, click here
What is the mission statement of The Richmond Symphony Foundation?
The Richmond Symphony Foundation, as a symphony orchestra, is dedicated to supporting its primary entity, the Richmond Symphony. Its mission is centered around providing assistance and resources to ensure the orchestra's continued success and growth. The Foundation may contribute financially, offer operational support, or engage in promotional activities to boost the orchestra's profile and reach. By backing the Richmond Symphony, the Foundation plays a crucial role in fostering and preserving the rich musical heritage of the community.
What is the revenue of The Richmond Symphony Foundation?
The Richmond Symphony Foundation's revenue in 2024 was $330,159.
Who are the executives of The Richmond Symphony Foundation and what are their salaries?
The average compensation at The Richmond Symphony Foundation during 2024 was $75,479. There is 1 employee and 20 volunteers at The Richmond Symphony Foundation.
Here are 21 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for The Richmond Symphony Foundation?
The Richmond Symphony Foundation's most recent form 990 was submitted in 2024 and can be accessed here.
Mission Statement of The Richmond Symphony Foundation
The Richmond Symphony Foundation, as a dedicated organization, is committed to fostering the growth and success of The Richmond Symphony. Their primary mission is to provide unwavering support to this esteemed symphony orchestra, ensuring its continued excellence and impact in the musical community. By prioritizing the needs of The Richmond Symphony, the Foundation aims to enrich the cultural landscape and provide unforgettable musical experiences for audiences.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
July, 2024
The Richmond Symphony Foundation's impact is significant in supporting The Richmond Symphony, a symphony orchestra based in Richmond, VA. Through its efforts, the foundation plays a crucial role in ensuring the sustainability and growth of this cultural institution. By providing financial support, resources, and advocacy, the foundation helps The Richmond Symphony continue to enrich the community through its performances and educational programs. Its impact can be seen in the vibrant cultural scene of Richmond, where the symphony plays a central role in promoting arts and music appreciation.
This information is meant to be a general summary of The Richmond Symphony Foundation. 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: $187,232
- Gross Receipts: $330,159
Assets and Liabilities:
- Total Assets: $22,667,693
- Total Liabilities: $10,776
- Net Assets: $22,656,917
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
1989
Principal Officer
Lacey Huszcza
NTEE Category
Code: A69 - Arts
If you are a representative of The Richmond Symphony Foundation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.