Overview
What is South Carolina Philharmonic Inc?
South Carolina Philharmonic Inc, situated at 1704 Main Street 100, Columbia, SC 29201, is a nonprofit organization dedicated to promoting and fostering appreciation for classical and diverse music. They achieve this by hosting live concerts, featuring traditional large works and contemporary pieces, at the Koger Center for the Arts. Their mission extends beyond performances, as they also provide music education to both adults and youth residing in South Carolina. With a team of 147 dedicated individuals, South Carolina Philharmonic Inc aims to enrich the cultural landscape of the state through captivating concerts and educational programs.
Official website here: www.scphilharmonic.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96%, Four-Star out of Four Star rating.
The South Carolina Philharmonic Inc has earned a commendable Four-Star rating from Charity Navigator, indicating a high level of accountability and financial health. The charity scored 96% in the Accountability & Finance beacon, reflecting its strong governance practices and responsible financial management. The organization demonstrates excellence in various metrics, including board independence, where 93% of board members are independent, and a robust financial audit process.
Strengths of the South Carolina Philharmonic include a well-structured governance framework, as evidenced by its comprehensive conflict of interest and whistleblower policies. The charity shows a commitment to transparency, with all required documents available and a strong program expense ratio of 75.89%. This suggests that a significant portion of its funding is directed towards fulfilling its mission rather than administrative costs.
While the organization excels in many areas, potential donors and stakeholders should continue to monitor its performance over time to ensure it maintains this high standard. The strong liabilities to assets ratio of 35.49% indicates healthy financial stability, but ongoing evaluation is always beneficial for assessing long-term sustainability. Overall, the South Carolina Philharmonic Inc stands out as a responsible and effective nonprofit in the arts sector.
This AI summary has been generated from information found on Charity Navigator.
Is South Carolina Philharmonic Inc legitimate?
South Carolina Philharmonic Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. South Carolina Philharmonic 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: $134,159
Professional Fundraising Fees: $0
Other Salaries and Wages: $540,760
For more financial information, click here
Official website here: www.scphilharmonic.com
What is the mission statement of South Carolina Philharmonic Inc?
The South Carolina Philharmonic Inc is dedicated to fostering an appreciation for classical and various types of music. They achieve this goal by offering concert performances and providing music education to adults and youth residing within South Carolina. The organization's mission is encapsulated in their presentation of the Masterworks Series, a collection of six live concerts featuring traditional large works and contemporary pieces performed at the Koger Center for the Arts. This series aims to engage and educate the community in the richness and diversity of musical compositions.
Official website here: www.scphilharmonic.com
Who is the CEO of South Carolina Philharmonic Inc?
Rhonda Hunsinger is the Board Member of South Carolina Philharmonic Inc.
Official website here: www.scphilharmonic.com
What is the revenue of South Carolina Philharmonic Inc?
South Carolina Philharmonic Inc's revenue in 2022 was $1,280,519.
Official website here: www.scphilharmonic.com
Who are the executives of South Carolina Philharmonic Inc and what are their salaries?
The average compensation at South Carolina Philharmonic Inc during 2022 was $4,591. There are 147 employees at South Carolina Philharmonic Inc.
Here are 35 key members and their salaries:
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Official website here: www.scphilharmonic.com
Where can I find the form 990 for South Carolina Philharmonic Inc?
South Carolina Philharmonic Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.scphilharmonic.com
Learn more at the official website: www.scphilharmonic.com
Mission Statement of South Carolina Philharmonic Inc
South Carolina Philharmonic Inc, a renowned organization, is dedicated to fostering an appreciation for classical and various forms of music among adults and youth residing in South Carolina. To achieve this objective, the nonprofit provides concert performances and music education, serving as a catalyst for musical discovery and enjoyment.
By promoting the love for music, the South Carolina Philharmonic Inc strives to enrich the cultural landscape of its community. This is accomplished through the presentation of live concerts, which feature traditional large works and contemporary pieces. The Masterworks Series, a significant element of their offerings, showcases six captivating performances at the Koger Center for the Arts. These events not only entertain but also inspire a deeper understanding and appreciation for the world of music.
Beyond concert performances, South Carolina Philharmonic Inc also plays a vital role in music education. By offering instructional programs, the nonprofit empowers the next generation of musicians and music enthusiasts. This commitment to nurturing talent and fostering a love for music is a testament to the South Carolina Philharmonic Inc's enduring mission to enrich the lives of its community through the power of music.
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Impact
July, 2024
South Carolina Philharmonic Inc makes a significant impact by promoting the appreciation of classical and other music through live concert performances and music education for adults and youth in the state of South Carolina. Through its Masterworks Series, the organization presents six live concerts featuring traditional large works and contemporary pieces at the Koger Center for the Arts in Columbia, SC. By providing access to high-quality music performances and educational programs, South Carolina Philharmonic Inc enriches the cultural landscape of the community and fosters a love of music among people of all ages.
This information is meant to be a general summary of South Carolina Philharmonic 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.
- Investment Income: $113,739
- Program Service Revenue: $302,454
- Gross Receipts: $1,324,899
Assets and Liabilities:
- Total Assets: $1,342,848
- Total Liabilities: $363,544
- Net Assets: $979,304
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CONCERT PERFORMANCES
Revenue
$302,454
Organization Details
Founding Year
1982
Phone
(803) 771-7937Principal Officer
Rhonda Hunsinger
Main Address
1704 MAIN STREET 100, COLUMBIA, SC, 29201
Website
www.scphilharmonic.comNTEE Category
Code: A690 - Arts
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