Overview
What is Shenandoah Valley Music Festival?
The Shenandoah Valley Music Festival is a nonprofit organization situated in Woodstock, Virginia. Its primary objective is to foster music appreciation and understanding among the community. They achieve this by organizing various concerts for the public, particularly during summer and fall seasons. In addition to these events, they offer engaging children's programs, creating a family-friendly atmosphere. The festival's venue serves as a platform for these musical experiences, contributing to the promotion of music awareness in the local community.
Official website here: www.musicfest.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star Rating, 73%)
The Shenandoah Valley Music Festival has received a rating of 73% from Charity Navigator, indicating a need for improvement in its accountability and financial practices. While the organization benefits from a fully independent board and maintains a low liabilities-to-assets ratio, it has shortcomings in its financial reporting, particularly lacking a review or compilation of financial statements. Additionally, the absence of a whistleblower policy and a document retention policy raises concerns regarding governance.
User reviews from Great Nonprofits highlight the festival's significant impact on the community and its multigenerational appeal. Many attendees describe the festival as a cherished summer tradition that enhances family experiences, showcasing a variety of musical performances that cater to diverse tastes. The location and atmosphere also receive praise, making it a popular destination for music lovers.
Despite the organization's strengths in community engagement and program expense ratio, its financial transparency and governance policies need attention to bolster trust and operational effectiveness. Addressing these areas could greatly enhance its overall rating and effectiveness as a nonprofit.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
Is Shenandoah Valley Music Festival legitimate?
Shenandoah Valley Music Festival is a legitimate nonprofit organization registered as a 501(c)(3) entity. Shenandoah Valley Music Festival 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: $59,702
Professional Fundraising Fees: $0
Other Salaries and Wages: $57,482
For more financial information, click here
Official website here: www.musicfest.org
What is the mission statement of Shenandoah Valley Music Festival?
The Shenandoah Valley Music Festival, in its mission, strives to foster music appreciation and awareness. It accomplishes this by organizing a series of concerts open to the public during both summer and fall seasons. Additionally, the festival includes educational programs specifically designed for children, furthering its goal of promoting musical understanding and enjoyment. By hosting these events at its venue in Woodstock, VA, the festival serves as a platform for music enthusiasts to engage with a diverse range of musical genres and artists.
Official website here: www.musicfest.org
Who is the CEO of Shenandoah Valley Music Festival?
Greg Hoover is the Chairman of Shenandoah Valley Music Festival.
Official website here: www.musicfest.org
What is the revenue of Shenandoah Valley Music Festival?
Shenandoah Valley Music Festival's revenue in 2022 was $1,079,999.
Official website here: www.musicfest.org
Who are the executives of Shenandoah Valley Music Festival and what are their salaries?
The average compensation at Shenandoah Valley Music Festival during 2022 was $39,061. There are 3 employees at Shenandoah Valley Music Festival.
Here are 6 key members and their salaries:
- Compensation: $59,702
- 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
Official website here: www.musicfest.org
Where can I find the form 990 for Shenandoah Valley Music Festival?
Shenandoah Valley Music Festival's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.musicfest.org
Learn more at the official website: www.musicfest.org
Mission Statement of Shenandoah Valley Music Festival
The Shenandoah Valley Music Festival is dedicated to promoting music appreciation and awareness. This nonprofit organization achieves its mission by organizing numerous concerts for the public during both summer and fall seasons. These events are not limited to adults but also include children's programs, ensuring music becomes a shared experience across various age groups. By hosting these events, the Shenandoah Valley Music Festival aims to foster a deeper understanding and appreciation of music within the community.
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Impact
July, 2024
The Shenandoah Valley Music Festival's impact is significant in fostering a deep appreciation and awareness of music within the community. By hosting a variety of concerts during the summer and fall seasons, as well as offering programs for children, this organization helps to enrich the cultural landscape of Woodstock, VA. Through their events and initiatives, the Shenandoah Valley Music Festival plays a key role in enhancing the arts scene in the region and providing opportunities for individuals of all ages to engage with and enjoy live music performances.
This information is meant to be a general summary of Shenandoah Valley Music Festival. 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: $7,617
- Program Service Revenue: $388,837
- Gross Receipts: $1,107,234
Assets and Liabilities:
- Total Assets: $1,398,896
- Total Liabilities: $168,664
- Net Assets: $1,230,232
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Program Ads-Sponsors
Revenue
$31,625
Ticket Sales
Revenue
$357,212
Organization Details
Founding Year
1962
Phone
(540) 459-3396Principal Officer
Greg Hoover
Main Address
PO Box 528, Woodstock, VA, 22664
Website
www.musicfest.orgNTEE Category
Code: A68Z - Arts
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