Overview
What is Tosco Music Parties Inc?
Tosco Music Parties Inc, based in Charlotte, North Carolina, is a vibrant nonprofit organization with a mission to showcase a diverse range of music through performances and outreach programs. Their activities include hosting significant events like FabFest Weekend Beatles Showcase, as well as engaging in community outreach programs such as open-mics, music performances, and senior center performances. The organization fosters a sense of community among listeners and performers, promoting inclusivity in music participation. Tosco Music Parties also offers scholarships and various outreach programs, aiming to help individuals explore, develop, and share their love for music in all its forms. With a team of 5 dedicated individuals, Tosco Music Parties has grown from intimate living room jam sessions into popular community concerts, providing a platform for both established and emerging artists.
Official website here: www.toscomusic.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73%, earning it a Two-Star out of Four Star rating. This rating indicates that Tosco Music Parties Inc demonstrates a moderate level of accountability and transparency in its operations. While the organization has strengths in areas such as having a fully independent board and no material diversion of assets, it falls short in critical governance policies.
The organization boasts a high Program Expense Ratio at 82.45%, suggesting that a significant portion of its resources is directed towards its programs rather than administrative costs. Additionally, the board's independence and size reflect positively on its governance structure. However, the absence of a whistleblower policy and document retention guidelines raises concerns about the organization's internal controls and transparency mechanisms.
Furthermore, Tosco Music Parties Inc has not provided the Tax Form on its website, which is a missed opportunity for public accountability. Overall, while the organization shows promise in its financials and governance, improvements in policy documentation and transparency could enhance its credibility and trust with stakeholders.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Tosco Music Parties Inc?
92% of 28 reviewers on Facebook recommend Tosco Music Parties Inc. Here is a summary of their reviews:
Many attendees express a deep appreciation for the diversity of musical offerings at Tosco Music Parties. One long-time participant highlighted the extensive variety available, likening the experience to a music festival filled with options for all tastes, suggesting that everyone can find something to enjoy. This long-term engagement speaks to the event's appeal and the loyal following it has cultivated over the years.
Overall, the sentiment surrounding Tosco Music Parties is overwhelmingly positive. Reviewers consistently commend the organization for its vibrant atmosphere and well-curated entertainment, making it clear that participants value the unique experiences offered at these musical events.
This AI summary has been generated from reviews found on Facebook.
Is Tosco Music Parties Inc legitimate?
Tosco Music Parties Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Tosco Music Parties 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $212,139
For more financial information, click here
Official website here: www.toscomusic.org
What is the mission statement of Tosco Music Parties Inc?
Tosco Music Parties Inc's mission is centered around showcasing a diverse range of music through performances and outreach programs. The organization aims to foster a sense of community among listeners and performers, promoting inclusivity in participation. They provide a platform for both professional and amateur musicians to network, inspire, share, and contribute to the community. The origins of Tosco Music Parties trace back to intimate living room jam sessions, and they have since grown into popular community concerts, where renowned acts share the stage with emerging artists. Audience members are encouraged to participate, singing along throughout the evening. Beyond concerts, Tosco Music Parties engage in senior center performances, open mic nights, and offer music scholarships and outreach programs, all with the goal of helping the community explore, develop, and share their passion for music in various forms.
Official website here: www.toscomusic.org
Who is the CEO of Tosco Music Parties Inc?
John Tosco is the Chair of Tosco Music Parties Inc.
Official website here: www.toscomusic.org
What is the revenue of Tosco Music Parties Inc?
Tosco Music Parties Inc's revenue in 2023 was $625,168.
Official website here: www.toscomusic.org
Who are the executives of Tosco Music Parties Inc and what are their salaries?
The average compensation at Tosco Music Parties Inc during 2023 was $42,428. There are 5 employees and 90 volunteers at Tosco Music Parties Inc.
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- Compensation: $87,000
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Official website here: www.toscomusic.org
Where can I find the form 990 for Tosco Music Parties Inc?
Tosco Music Parties Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.toscomusic.org
Learn more at the official website: www.toscomusic.org
Mission Statement of Tosco Music Parties Inc
Tosco Music Parties Inc, a nonprofit organization, is committed to presenting a diverse range of music through performances and outreach programs. Its mission is twofold: firstly, to foster a sense of community among listeners and performers by promoting inclusiveness in participation. Secondly, it provides a platform where both professional and amateur musicians can connect, network, inspire, share, and contribute to the community.
This mission was born from intimate living room jam sessions in Charlotte, NC, and has since evolved into popular community concerts. At these events, well-known acts share the stage with emerging artists, encouraging audience participation by inviting them to sing along throughout the evening. Beyond concerts, Tosco Music Parties Inc also engages in senior center performances, open mic nights, and outreach programs. Furthermore, it offers music scholarships to support the community's passion for music in all its forms. In essence, Tosco Music Parties Inc is dedicated to helping individuals explore, develop, and share their love for music.
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Impact
July, 2024
Tosco Music Parties Inc has a significant impact in the community by presenting a wide variety of music through performances and outreach programs. These programs foster a sense of community among listeners and performers with a commitment to inclusiveness of participation. The organization provides a venue where professional and amateur musicians can meet, network, inspire, share, and contribute to the community.
From intimate living room jam sessions in Charlotte, NC, Tosco Music Parties have grown into popular community concerts where nationally recognized acts share the stage with undiscovered artists. Audience members are invited to sing along throughout the evening, creating an engaging and participatory musical experience for all.
In addition to their concerts, Tosco Music produced five significant Tosco Music Party showcases in a year, including the FabFest Weekend Beatles Showcase. They also run numerous outreach programs such as music performances in the community, monthly open-mics, and music programs for older adults. Through scholarships and outreach efforts, Tosco Music is dedicated to helping the community explore, develop, and share their passion for music in all its forms. Overall, their impact is felt through promoting music diversity, community engagement, and talent development.
This information is meant to be a general summary of Tosco Music Parties 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 2023.
- Investment Income: $288
- Program Service Revenue: $360,074
- Gross Receipts: $625,956
Assets and Liabilities:
- Total Assets: $355,443
- Total Liabilities: $8,192
- Net Assets: $347,251
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MUSIC PRESENTATIONS
Revenue
$189,614
COMMUNITY OUTREACH
Revenue
$102,180
SPONSORSHIPS
Revenue
$68,280
Organization Details
Founding Year
1999
Phone
(704) 568-9685Principal Officer
John Tosco
Main Address
4953 ALBEMARLE RD, CHARLOTTE, NC, 28205
Website
www.toscomusic.orgNTEE Category
Code: A68 - Arts
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