Overview
What is Virginia Symphony Orchestra?
The Virginia Symphony Orchestra, situated in Norfolk, Virginia, serves as the pre-eminent professional symphony orchestra in the state. With a rich history spanning over a century, they provide orchestral performances, ensembles, and guest artists for cultural and educational experiences primarily in Greater Hampton Roads. Their concerts, including classics, pops, and family series, attract over 100,000 audience members annually in Virginia and North Carolina. Committed to nurturing young talents, they engage around 45,000 children, students, and life-long learners through programs such as Young People's Concerts, school residencies, masterclasses, and special programs. The Virginia Symphony Orchestra further extends its reach through the Generations in Unison program, addressing the needs of memory care and assisted living individuals. With a strong emphasis on artistic excellence and inclusion, their mission involves delivering world-class symphonic performances, transformative music education, and purposeful community engagement across southeastern Virginia. Word count: 119
Official website here: www.virginiasymphony.org
What are the reviews and ratings of this charity?
Charity Navigator Rating 87% - Three-Star out of Four Star rating
The Virginia Symphony Orchestra has received a solid Three-Star rating from Charity Navigator, reflecting a strong emphasis on accountability and finance. The organization boasts a perfect score for having an entirely independent board and demonstrates robust financial oversight practices, including a thorough audit and oversight committee. The lack of material diversion of assets further underscores its commitment to financial integrity.
However, while the organization excels in several areas, it does face challenges in fundraising efficiency, having received a score of zero in this category. This suggests that the costs associated with fundraising efforts may be high relative to the funds raised, which could impact overall financial sustainability.
Additionally, the working capital ratio indicates a potential issue, as it stands at only 0.26 years. This figure points to a limited cushion for financial emergencies or unexpected expenses, which may warrant attention from stakeholders. Overall, while the Virginia Symphony Orchestra shows strong governance and financial practices, improvements in fundraising and working capital management could enhance its long-term viability.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Virginia Symphony Orchestra?
96% of 98 reviewers on Facebook recommend the Virginia Symphony Orchestra. Here is a summary of their reviews:
Many attendees express tremendous satisfaction with the performances, highlighting the impressive quality and emotional impact of the music. One review specifically praised a recent concert titled "Roman Holiday," noting its stunning array of pieces from Gabrieli to Respighi, and emphasized that the experience exceeded expectations.
Overall, the sentiment is overwhelmingly positive, with supporters appreciating not only the talent of the musicians but also the general atmosphere of the events. The orchestra clearly resonates with its audience, offering memorable experiences that encourage continued attendance and support.
This AI summary has been generated from reviews found on Facebook.
Is Virginia Symphony Orchestra legitimate?
Virginia Symphony Orchestra is a legitimate nonprofit organization registered as a 501(c)(3) entity. Virginia 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: $208,444
Professional Fundraising Fees: $0
Other Salaries and Wages: $4,012,439
For more financial information, click here
Official website here: www.virginiasymphony.org
What is the mission statement of Virginia Symphony Orchestra?
The Virginia Symphony Orchestra's mission is centered around artistic excellence and inclusivity. Their goal is to deliver world-class symphonic performances, transformative music education, and purposeful community engagement across various regions. Through their orchestras, ensembles, musical groups, and guest artists, they provide cultural and educational opportunities, primarily within Greater Hampton Roads. The symphony, with over a century of history, is renowned as Virginia's pre-eminent professional orchestra, performing a wide range of concerts, including classics, pops, and family concerts, annually reaching over 100,000 concert-goers. Committed to engaging children, students, and adults, their education and community programs reach over 45,000 individuals each year through various initiatives, such as Young People's Concerts, school artistic residencies, master classes, and small ensemble special programs. Additionally, the Generations in Unison program aims to address the needs of memory care and assisted living individuals.
Official website here: www.virginiasymphony.org
Who is the CEO of Virginia Symphony Orchestra?
Andrea Warren is the Director of Virginia Symphony Orchestra. The CEO's salary of Virginia Symphony Orchestra is $13,750 and their total compensation is $13,784.
Official website here: www.virginiasymphony.org
What is the revenue of Virginia Symphony Orchestra?
Virginia Symphony Orchestra's revenue in 2023 was $6,831,622.
Official website here: www.virginiasymphony.org
Who are the executives of Virginia Symphony Orchestra and what are their salaries?
The average compensation at Virginia Symphony Orchestra during 2023 was $14,070. There are 300 employees and 400 volunteers at Virginia Symphony Orchestra.
Here are 39 key members and their salaries (Virginia Symphony Orchestra's CEO's salary is $13,750 and their total compensation is $13,784):
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Official website here: www.virginiasymphony.org
Where can I find the form 990 for Virginia Symphony Orchestra?
Virginia Symphony Orchestra's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.virginiasymphony.org
Learn more at the official website: www.virginiasymphony.org
Mission Statement of Virginia Symphony Orchestra
The Virginia Symphony Orchestra, driven by its core values of artistic excellence and inclusion, is committed to creating world-class symphonic performances, transformative music education, and meaningful community engagement throughout southeastern Virginia. The orchestra, renowned as Virginia's pre-eminent professional symphony, provides orchestras, ensembles, musical groups, and guest artists for cultural and educational opportunities, primarily within Greater Hampton Roads. Performing a variety of series, including classics, pops, and family concerts, the orchestra reaches over 100,000 concert-goers annually in Virginia and North Carolina.
Recognizing the power of classical music, the Virginia Symphony Orchestra engages children, students, and adults through education and community programs. Over 45,000 children, students, and lifelong learning adults benefit from educational initiatives such as young people's concerts, school artistic residencies, master classes, and small ensemble special programs, every year. The orchestra also presents the Generations in Unison program, which aims to address the physical, emotional, cognitive, and social needs of memory care and assisted living individuals. By offering these diverse opportunities, the Virginia Symphony Orchestra enriches the lives of its community and promotes a shared appreciation for music.
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Impact
July, 2024
The Virginia Symphony Orchestra is a vital cultural institution that enriches the lives of over 100,000 concert-goers every year through its world-class symphonic performances. Beyond just entertaining audiences, the orchestra is committed to transforming music education by engaging with over 45,000 children, students, and lifelong learning adults annually. Through various programs such as Young People's Concerts, school artistic residencies, master classes, and small ensemble special programs, the Virginia Symphony Orchestra is actively fostering a love for classical music and providing valuable educational experiences.
Furthermore, the orchestra's Generations in Unison program stands out for its unique initiative to address the physical, emotional, cognitive, and social needs of memory care and assisted living individuals. By using the power of music to connect with and uplift these vulnerable members of society, the Virginia Symphony Orchestra is making a meaningful impact that extends beyond the concert hall.
In essence, the Virginia Symphony Orchestra's presence in southeastern Virginia goes beyond just entertainment; it serves as a beacon of artistic excellence, educational enrichment, and community engagement for individuals of all ages and backgrounds.
This information is meant to be a general summary of Virginia 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 2023.
- Investment Income: $111,463
- Program Service Revenue: $2,399,038
- Gross Receipts: $7,033,375
Assets and Liabilities:
- Total Assets: $3,083,184
- Total Liabilities: $1,216,672
- Net Assets: $1,866,512
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TICKET SALES
Revenue
$1,287,721
PERFORMANCE FEES
Revenue
$1,100,664
MEMBERSHIP DUES AND EV
Revenue
$10,653
Organization Details
Founding Year
1949
Phone
(757) 466-3060Principal Officer
Andrea Warren
Main Address
150 BOUSH STREET SUITE 201 201, NORFOLK, VA, 23510
Website
www.virginiasymphony.orgNTEE Category
Code: A69I - Arts
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