Overview
What is Acadiana Symphony Association?
The Acadiana Symphony Association, situated in Lafayette, Louisiana, has been a cherished part of the community for over three decades. Their primary objective is to foster an appreciation for musical artistry, engaging the entire community through world-class live performances. By offering exposure to a wide range of musical cultures, their mission is to educate, entertain, and involve locals in the joy of artistic performance. Their core goal is to promote, support, encourage, and advance education in music. With a dedicated workforce of seven individuals, the Acadiana Symphony Association has stood the test of time, providing solace and unity during both celebratory and challenging times. The organization recently announced its 36th season, ASO36 Revival Season, as a pledge to uplift the community during difficult times, offering hope, renewal, and a sense of unity.
Official website here: www.acadianasymphony.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 0 Stars (29%)
The Acadiana Symphony Association has received a low rating of 29%, which corresponds to a zero-star rating. This indicates significant concerns regarding the organization's accountability and financial practices. While the board is fully independent, which is a strength, the lack of financial transparency and missing policies raises red flags.
Notably, the organization has not provided any financial statements, resulting in a score of zero in that category. Additionally, the absence of essential governance policies such as conflict of interest and whistleblower policies further diminishes its accountability profile. Though some documentation, like board meeting minutes, is available, the overall impression of financial management appears troubling.
Furthermore, the association has a high liabilities to assets ratio of 234.51%, suggesting potential financial instability. With only 32.47% of expenses directed toward programs, the effectiveness of its financial allocation is also called into question. These factors contribute to the organization's low rating and highlight the need for improvement in both governance and financial practices.
This AI summary has been generated from information found on Charity Navigator.
Is Acadiana Symphony Association legitimate?
Acadiana Symphony Association is a legitimate nonprofit organization registered as a 501(c)(3) entity. Acadiana Symphony Association 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: $365,408
For more financial information, click here
Official website here: www.acadianasymphony.org
What is the mission statement of Acadiana Symphony Association?
The Acadiana Symphony Association's mission is focused on promoting, supporting, and encouraging education in music. Their objective is to involve the entire community in the joy of artistic performance, primarily through exposure to high-quality musical culture. For over three decades, the association has shared its passion for music through world-class live performances, standing as a beacon of resilience for the community during both celebratory and challenging times. This year, they announced their 36th season, the ASO36 Revival Season, as a promise to provide hope, renewal, and a sense of community to the people in the community.
Official website here: www.acadianasymphony.org
Who is the CEO of Acadiana Symphony Association?
Vernon Moret is the Board Member of Acadiana Symphony Association.
Official website here: www.acadianasymphony.org
What is the revenue of Acadiana Symphony Association?
Acadiana Symphony Association's revenue in 2022 was $1,219,006.
Official website here: www.acadianasymphony.org
Who are the executives of Acadiana Symphony Association and what are their salaries?
The average compensation at Acadiana Symphony Association during 2022 was $52,201. There are 7 employees and 14 volunteers at Acadiana Symphony Association.
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Official website here: www.acadianasymphony.org
Where can I find the form 990 for Acadiana Symphony Association?
Acadiana Symphony Association's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.acadianasymphony.org
Learn more at the official website: www.acadianasymphony.org
Mission Statement of Acadiana Symphony Association
The Acadiana Symphony Association, a reputable organization, is dedicated to promoting, supporting, encouraging, and advancing education in music. Its mission is to serve as a beacon for the community, fostering a deep appreciation for artistic performance through exposure to musical culture of the highest quality. By doing so, the Acadiana Symphony Association aims to educate and entertain, actively involving the community in this enriching experience. For over three decades, this nonprofit has stood the test of time in its community, offering world-class live performances during moments of celebration and offering solace during periods of despair. Recently, the Acadiana Symphony Association announced its 36th season, known as ASO36 Revival Season, as a pledge to its community to continue serving as a lighthouse in times of turmoil, providing hope, renewal, and a sense of unity to the people it serves.
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Impact
July, 2024
The Acadiana Symphony Association's impact can be seen in its commitment to educating, entertaining, and involving the entire community in the joy of artistic performance. For over 35 years, the Acadiana Symphony Orchestra has shared its passion for music through world-class live performances, standing as a beacon in the community during moments of celebration and despair. The organization's recent announcement of its 36th season, the ASO36 Revival Season, reflects its promise to be a lighthouse in the storm, providing hope, renewal, and a sense of community to the people of Lafayette, Louisiana. Through its mission to promote, support, encourage, and advance education in music, the Acadiana Symphony Association continues to be a vital part of the arts landscape in the region.
This information is meant to be a general summary of Acadiana Symphony Association. 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: $211,539
- Gross Receipts: $1,275,056
Assets and Liabilities:
- Total Assets: $708,572
- Total Liabilities: $578,203
- Net Assets: $130,369
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CONCERT PERFORMANCES
Revenue
$98,461
GIG
Revenue
$65,916
CONSERVATORY
Revenue
$35,757
AD SALES
Revenue
$5,780
DO-RE-ME
Revenue
$5,625
Organization Details
Founding Year
1984
Phone
(337) 232-4277Principal Officer
Vernon Moret
Main Address
412 TRAVIS STREET, LAFAYETTE, LA, 70503
Website
www.acadianasymphony.orgNTEE Category
Code: A690 - Arts
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