Overview
What is Charlotte Symphony Orchestra Society Inc?
Charlotte Symphony Orchestra Society Inc, based in Charlotte, North Carolina, is a nonprofit organization with a workforce of 227 individuals. They are renowned for their exceptional musical experiences, uplifting, entertaining, and educating diverse communities in Charlotte-Mecklenburg and beyond. Last year, they offered 94 performances to 102,000 patrons, featuring both virtual and in-person events of classical masterworks, pops favorites, informal concerts in local breweries, and virtual educational concerts for thousands of children. Their mission extends beyond the concert hall, with core programming running from September through June and performances in community centers, schools, and senior care centers.
Official website here: www.charlottesymphony.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97% (Four-Star out of Four Stars)
The Charlotte Symphony Orchestra Society Inc has achieved an impressive 97% rating from Charity Navigator, reflecting its strong accountability and financial health. With a majority of its board members being independent, it adheres to high standards of governance, which is crucial for maintaining donor trust and ensuring transparency in operations.
Strengths highlighted include a solid financial performance with a program expense ratio of nearly 79%, indicating that a significant portion of its budget is allocated directly to its mission. The organization also shows exceptional fundraising efficiency, spending just $0.06 to raise each dollar, which is noteworthy in the nonprofit sector. Additionally, there are no reported material diversions of assets, enhancing confidence in its financial management.
While the data provided showcases numerous strengths, there are no specific limitations mentioned. Overall, the Charlotte Symphony Orchestra Society Inc stands out as a well-managed organization, committed to transparency and effective use of resources in support of its artistic mission.
This AI summary has been generated from information found on Charity Navigator.
Is Charlotte Symphony Orchestra Society Inc legitimate?
Charlotte Symphony Orchestra Society Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Charlotte Symphony Orchestra Society 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: $400,439
Professional Fundraising Fees: $146,662
Other Salaries and Wages: $5,415,990
For more financial information, click here
Official website here: www.charlottesymphony.org
What is the mission statement of Charlotte Symphony Orchestra Society Inc?
The Charlotte Symphony Orchestra Society Inc uplifts, entertains, and educates diverse communities beyond Charlotte-Mecklenburg through exceptional musical experiences. The organization is committed to providing superior musical experiences not only on their main stages but also outside the concert hall. Their core programming, which runs from September to June, features classical, pops, family, and movies in concert programs. In addition to mainstage performances, the Charlotte Symphony Society performs in community centers, schools, and senior care centers.
Official website here: www.charlottesymphony.org
Who is the CEO of Charlotte Symphony Orchestra Society Inc?
David Jl Fisk is the Director of Charlotte Symphony Orchestra Society Inc. The CEO's salary of Charlotte Symphony Orchestra Society Inc is $226,150 and their total compensation is $230,524.
Official website here: www.charlottesymphony.org
What is the revenue of Charlotte Symphony Orchestra Society Inc?
Charlotte Symphony Orchestra Society Inc's revenue in 2022 was $14,331,249.
Official website here: www.charlottesymphony.org
Who are the executives of Charlotte Symphony Orchestra Society Inc and what are their salaries?
The average compensation at Charlotte Symphony Orchestra Society Inc during 2022 was $25,623. There are 227 employees and 25 volunteers at Charlotte Symphony Orchestra Society Inc.
Here are 30 key members and their salaries (Charlotte Symphony Orchestra Society Inc's CEO's salary is $226,150 and their total compensation is $230,524):
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Official website here: www.charlottesymphony.org
Where can I find the form 990 for Charlotte Symphony Orchestra Society Inc?
Charlotte Symphony Orchestra Society Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.charlottesymphony.org
Learn more at the official website: www.charlottesymphony.org
Mission Statement of Charlotte Symphony Orchestra Society Inc
The Charlotte Symphony Orchestra Society Inc, a renowned musical organization, strives to elevate, entertain, and educate the diverse communities of Charlotte-Mecklenburg and beyond through exceptional live musical experiences. Committed to delivering outstanding musical offerings, the Charlotte Symphony goes beyond its main stages, reaching out to various community centers, schools, and senior care centers.
The mission of the Charlotte Symphony Orchestra Society Inc is multifaceted, encompassing three essential objectives. First, it aims to uplift the community by providing exceptional musical experiences that resonate with and engage diverse audiences. Second, it seeks to entertain, offering a wide range of programs that cater to diverse tastes and preferences, from classical to pops, family-friendly concerts, to movies in concert. Lastly, the Charlotte Symphony is dedicated to education, using music as a transformative tool to inspire and enrich the lives of individuals from all walks of life.
In practice, this mission is brought to life through core programming that runs from September to June, featuring a rich tapestry of classical, pops, family, and movies in concert programs. The Charlotte Symphony Orchestra Society Inc goes beyond its main stages, extending its reach into the community by performing in various settings, including community centers, schools, and senior care centers. Through these performances, the organization fosters connections, breaks down barriers, and strengthens the community's social fabric, reflecting and uniting the region.
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Impact
October, 2024
The Charlotte Symphony Orchestra significantly enriches the cultural landscape of Charlotte-Mecklenburg and beyond, delivering exceptional musical experiences that uplift, entertain, and educate diverse communities. Through a wide range of performances, including classical masterworks, popular favorites, and informal concerts in local venues, the orchestra connects with over 102,000 patrons year-round.
Last year alone, the Charlotte Symphony hosted 94 performances, engaging audiences through both virtual and in-person events. Its commitment to accessibility and community outreach extends beyond traditional concert settings, as the orchestra actively performs in community centers, schools, and senior care facilities, ensuring that live music reaches people of all ages and backgrounds.
Additionally, the Charlotte Symphony embraces educational initiatives, providing virtual concerts that introduce thousands of children to the transformative power of music. By fostering a love for the arts and serving as a civic leader, the orchestra plays a vital role in reflecting and uniting the region, making it an invaluable asset to the community.
This information is meant to be a general summary of Charlotte Symphony Orchestra Society 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 2022.
- Program Service Revenue: $3,324,242
- Gross Receipts: $14,532,885
Assets and Liabilities:
- Total Assets: $18,656,267
- Total Liabilities: $2,509,597
- Net Assets: $16,146,670
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SINGLE TICKET SALES
Revenue
$1,972,914
SEASON TICKET SALES
Revenue
$781,065
OTHER FEE CONCERTS
Revenue
$429,885
YOUTH ORCHESTRA
Revenue
$140,378
Organization Details
Founding Year
1932
Phone
(704) 972-2003Principal Officer
David Jl Fisk
Main Address
128 S TRYON STREET 300, CHARLOTTE, NC, 28202
Website
www.charlottesymphony.orgNTEE Category
Code: A690 - Arts
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