Overview
What is Augusta Symphony Inc?
Augusta Symphony Inc, situated in Augusta, Georgia, is a dedicated nonprofit organization with a mission to spread the joy of exceptional musical performances. With a team of 194 individuals, they actively engage in providing symphony concerts and fostering music awareness and education within the Augusta and Aiken communities throughout the year. Their core purpose is to connect with their audience, sharing the profound beauty of music together. By doing so, Augusta Symphony Inc contributes to the cultural enrichment of their community, promoting an appreciation for music and its transformative power.
Official website here: www.augustasymphony.com
What are the reviews and ratings of this charity?
Rating from Charity Navigator: Zero-Star out of Four Stars (42%)
Augusta Symphony Inc received a Zero-Star rating from Charity Navigator, indicating significant concerns regarding its accountability and financial practices. The overall score reflects a low accountability and finance score of 42%, primarily due to an unfavorable assessment in several key areas such as program expense ratio and fundraising efficiency.
The organization exhibits some strengths, including a fully independent board and sound financial oversight practices, with no reported material diversion of assets. However, critical weaknesses are evident; it lacks essential policies such as a whistleblower policy and document retention and destruction policy, which are important for transparency and governance.
Additionally, the financial health indicators are concerning, with a program expense ratio of only 34.39% and a fundraising efficiency ratio of $0.11. These metrics suggest that a significant portion of funds may not be directed toward programs, raising questions about the organization's sustainability and effectiveness in fulfilling its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Augusta Symphony Inc legitimate?
Augusta Symphony Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Augusta Symphony 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: $207,657
Professional Fundraising Fees: $0
Other Salaries and Wages: $646,722
For more financial information, click here
Official website here: www.augustasymphony.com
What is the mission statement of Augusta Symphony Inc?
The Augusta Symphony Inc's mission is centered around spreading the joy of exceptional musical performances. They aim to accomplish this by engaging with their audience, fostering a collective sense of music. Throughout the year, they organize symphony concerts and actively promote musical awareness and education within the Augusta and Aiken communities.
Official website here: www.augustasymphony.com
What is the revenue of Augusta Symphony Inc?
Augusta Symphony Inc's revenue in 2023 was $2,483,346.
Official website here: www.augustasymphony.com
Who are the executives of Augusta Symphony Inc and what are their salaries?
The average compensation at Augusta Symphony Inc during 2023 was $2,987. There are 286 employees at Augusta Symphony Inc.
Here are 45 key members and their salaries:
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Official website here: www.augustasymphony.com
Where can I find the form 990 for Augusta Symphony Inc?
Augusta Symphony Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.augustasymphony.com
Learn more at the official website: www.augustasymphony.com
Mission Statement of Augusta Symphony Inc
Augusta Symphony Inc, a renowned organization, is dedicated to spreading the joy of exceptional musical performances to its audience. Their mission, simply put, is to unite with their audience, creating music together. Beyond organizing symphony concerts, this nonprofit also strives to promote musical awareness and education within the communities of Augusta and Aiken throughout the year. By doing so, Augusta Symphony Inc contributes to fostering a deeper appreciation and understanding of music, thereby enriching the lives of its audience.
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Impact
July, 2024
Augusta Symphony Inc's impact lies in the promotion of music awareness and education in the Augusta and Aiken communities through symphony concerts. By sharing the joy of great musical performance with its audience, Augusta Symphony Inc contributes to a vibrant arts scene and enriches the cultural experience of its community members. Through their dedication to music, they create a platform for appreciation, learning, and enjoyment, fostering a deeper connection to the arts in the region.
This information is meant to be a general summary of Augusta Symphony 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: $12,306
- Program Service Revenue: $590,466
- Gross Receipts: $2,588,216
Assets and Liabilities:
- Total Assets: $19,725,932
- Total Liabilities: $1,405,626
- Net Assets: $18,320,306
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CONCERTS
Revenue
$559,016
PROGRAM ADVERTISING
Revenue
$31,450
Organization Details
Founding Year
1989
Principal Officer
Paige Tom
Website
www.augustasymphony.comNTEE Category
Code: A690 - Arts
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