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Amp Concerts

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 562644410 ✦ Albuquerque, NM ✦ Designated as a 501(c)(3)

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Overview

What is Amp Concerts?

Amp Concerts is a nonprofit organization situated in Albuquerque, New Mexico, identified by its address at 1013 Vassar Dr NE. The primary mission of Amp Concerts is to promote cultural education by offering diverse musical experiences. This is achieved through hosting various events and workshops, showcasing an array of international and American music styles. Amp Concerts relies on the dedication of volunteers, with around 50 individuals contributing approximately 500 hours of their time to support the organization's musical outreach program in the State of New Mexico. The nonprofit employs a small team of six individuals committed to its mission.


Official website here: www.ampconcerts.org

What are the reviews and ratings of this charity?

Rating from Charity Navigator: 96%, Four-Star out of Four Star rating.

Amp Concerts demonstrates a strong commitment to accountability and financial integrity, as evidenced by its impressive overall score of 96%. The organization excels in governance, with a fully independent board and a comprehensive set of policies that promote transparency and ethics. This high level of independence contributes to effective oversight and decision-making, ensuring that resources are utilized effectively.

The organization's financial health is also noteworthy, with a program expense ratio of 96.35%, indicating that the vast majority of its funds are directed towards its mission. Additionally, the low liabilities to assets ratio of 3.47% reflects a stable financial position, enhancing its ability to sustain operations and fulfill its objectives.

While the ratings highlight numerous strengths, it's important for potential supporters to consider the ongoing challenges that nonprofits may face, including the need for continuous funding and community engagement. Overall, Amp Concerts appears to be a well-managed organization that prioritizes its mission and maintains high standards of accountability.


This AI summary has been generated from information found on Charity Navigator.

What do the Facebook reviews say about Amp Concerts?

96% of 38 reviewers on Facebook recommend Amp Concerts. Here is a summary of their reviews:

Many supporters express high satisfaction with the concerts organized by Amp, praising both the quality of the performances and the inclusive atmosphere fostered at the events. Reviewers appreciate the diverse lineup of artists, which contributes to a vibrant musical experience that resonates well with attendees.

Additionally, users frequently highlight the nonprofit's commitment to community engagement and accessibility, noting that concert events are well-managed and enjoyable for everyone involved. Overall, Amp Concerts is seen as successfully delivering on its mission to provide memorable musical experiences while bringing people together.


This AI summary has been generated from reviews found on Facebook.

Is Amp Concerts legitimate?

Amp Concerts is a legitimate nonprofit organization registered as a 501(c)(3) entity. Amp Concerts 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: $121,678
Professional Fundraising Fees: $0
Other Salaries and Wages: $276,529

For more financial information, click here


Official website here: www.ampconcerts.org

What is the mission statement of Amp Concerts?

Amp Concerts' mission is centered around providing cultural education, achieved primarily through musical performances. By organizing a range of events and workshops, they showcase an array of international and American musical styles. Their efforts extend beyond just performances, as they rely on the support of volunteers, who donated around 500 hours of their time in 2021, to help bring their musical outreach program to various communities.


Official website here: www.ampconcerts.org

Who is the CEO of Amp Concerts?

Neal R Copperman is the Dir Of Sf/Taos Ops of Amp Concerts.


Official website here: www.ampconcerts.org

What is the revenue of Amp Concerts?

Amp Concerts's revenue in 2022 was $6,045,931.


Official website here: www.ampconcerts.org

Who are the executives of Amp Concerts and what are their salaries?

The average compensation at Amp Concerts during 2022 was $66,368. There are 6 employees and 50 volunteers at Amp Concerts.


Here are 8 key members and their salaries:


Jamie Lenfestey (Dir Of Sf/Taos Ops)
  • Compensation: $149,122
  • Related: $0
  • Other: $20,038
Neal R Copperman (Executive Dir.)
  • Compensation: $117,461
  • Related: $0
  • Other: $10,966
Deborah Sorensen (Director)
  • Compensation: $2,685
  • Related: $0
  • Other: $0
Jeff Hanson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lisa Ivener (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shalini Shanker (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ron Sisneros (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joanne Colangelo (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.ampconcerts.org

Where can I find the form 990 for Amp Concerts?

Amp Concerts's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.ampconcerts.org

Learn more at the official website: www.ampconcerts.org

Mission Statement of Amp Concerts

Amp Concerts, a nonprofit organization, is committed to providing cultural education through the medium of musical performances. Their mission is to enrich the community by presenting a diverse range of musical events and workshops, showcasing both international and American musical styles. To achieve this, the organization relies on the generous contributions of approximately 50 volunteers, who donate their time and skills, amounting to around 500 hours, to help bring Amp Concerts' musical outreach program to the communities they serve.

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Impact




July, 2024

Amp Concerts provides cultural education to the Albuquerque and surrounding areas through musical experiences. They present a variety of events and workshops highlighting international and American musical styles. Approximately 50 volunteers have donated approximately 500 hours to help Amp bring its musical outreach program to the State of New Mexico. This organization's impact is seen in the way it enriches the community with diverse musical performances and educates people about different cultures through the universal language of music.




This information is meant to be a general summary of Amp Concerts. 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.

Revenue
$6,045,931 (2022)
Expenses
$4,753,082 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $29,962
  • Program Service Revenue: $4,635,686
  • Gross Receipts: $6,049,931

Assets and Liabilities:

  • Total Assets: $3,436,479
  • Total Liabilities: $119,366
  • Net Assets: $3,317,113

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

Artist Merchandise

Revenue

$81,119

Performance Income

Revenue

$4,554,567

Organization Details

Founding Year

2007

Principal Officer

Neal R Copperman

Main Address

1013 Vassar Dr NE, Albuquerque, NM, 87106

NTEE Category

Code: A65 - Arts

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