Overview
What is Brevard Symphony Orchestra Inc?
Brevard Symphony Orchestra Inc, located in Melbourne, Florida, is a small yet impactful nonprofit organization with a mission to enrich the community through classical music. With approximately 58,000 individuals, including children, attending their concerts and participating in their outreach programs annually, they have managed to make music an integral part of their community's culture. Their focus extends beyond just performances, as they also strive to provide musical education. The organization's activities include hosting family concerts, which bring people together, and engaging in musical education initiatives, ensuring that the love for music continues to grow. The dedicated team of four individuals at Brevard Symphony Orchestra Inc is committed to this mission, fostering a sense of unity and appreciation for classical music within their community.
Official website here: www.brevardsymphony.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73% (Two-Star out of Four Star rating).
The Brevard Symphony Orchestra Inc has received a rating of 73%, indicating a moderately effective performance in accountability and finance. The organization demonstrates strong governance with 100% of its board members being independent and a solid liability to assets ratio of 11.07%. Additionally, they maintain transparency with program expenses representing 71.38% of their total expenses.
However, there are notable limitations, particularly concerning their governance policies. The absence of a whistleblower policy and a document retention and destruction policy are significant gaps that could impact their operational integrity. While they excel in board independence and financial management, addressing these policy shortcomings is essential for improving their overall accountability.
This AI summary has been generated from information found on Charity Navigator.
Is Brevard Symphony Orchestra Inc legitimate?
Brevard Symphony Orchestra Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Brevard Symphony Orchestra 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: $98,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $116,500
For more financial information, click here
Official website here: www.brevardsymphony.com
What is the mission statement of Brevard Symphony Orchestra Inc?
The Brevard Symphony Orchestra Inc's mission revolves around promoting classical music, hosting family concerts, and providing musical education within the community. Their primary goal is to engage and educate audiences, particularly children, through symphony concerts and outreach programs. The organization's activities aim to make classical music accessible and enjoyable for a diverse audience, fostering a deeper appreciation for this art form. Approximately 58,000 people, including children, attend their concerts and outreach programs annually.
Official website here: www.brevardsymphony.com
Who is the CEO of Brevard Symphony Orchestra Inc?
David Schillhammer is the Chair Elect of Brevard Symphony Orchestra Inc.
Official website here: www.brevardsymphony.com
What is the revenue of Brevard Symphony Orchestra Inc?
Brevard Symphony Orchestra Inc's revenue in 2022 was $1,118,787.
Official website here: www.brevardsymphony.com
Who are the executives of Brevard Symphony Orchestra Inc and what are their salaries?
The average compensation at Brevard Symphony Orchestra Inc during 2022 was $53,625. There are 4 employees and 230 volunteers at Brevard Symphony Orchestra Inc.
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- Compensation: $98,000
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Official website here: www.brevardsymphony.com
Where can I find the form 990 for Brevard Symphony Orchestra Inc?
Brevard Symphony Orchestra Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.brevardsymphony.com
Learn more at the official website: www.brevardsymphony.com
Mission Statement of Brevard Symphony Orchestra Inc
The Brevard Symphony Orchestra Inc is committed to enriching the community through classical music, family concerts, and musical education. Their mission is to make classical music accessible and engaging for a wide audience, particularly children. They achieve this by hosting symphony concerts that attract approximately 58,000 people annually, including children's concerts and outreach programs. These initiatives not only provide entertainment but also serve as an educational platform, introducing young minds to the world of classical music.
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Impact
July, 2024
Brevard Symphony Orchestra Inc has a significant impact on the community by providing classical music performances for approximately 58,000 individuals, including children's concerts and outreach programs. Through their dedication to musical education and family concerts, they enrich the cultural landscape of Melbourne, Florida, and inspire a love for the arts in their audience.
This information is meant to be a general summary of Brevard Symphony Orchestra 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: $59,339
- Program Service Revenue: $482,180
- Gross Receipts: $1,128,835
Assets and Liabilities:
- Total Assets: $2,322,892
- Total Liabilities: $188,704
- Net Assets: $2,134,188
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SELF FUNDED INCOME EVE
Revenue
$230,863
PERFORMANCE INCOME
Revenue
$169,757
SPONSORED EVENTS
Revenue
$69,381
SPONSORSHIPS
Revenue
$9,950
OTHER INCOME
Revenue
$2,229
Organization Details
Founding Year
1966
Phone
(321) 242-2024Principal Officer
David Schillhammer
Main Address
PO BOX 361965, MELBOURNE, FL, 32936
Website
www.brevardsymphony.comNTEE Category
Code: A69Z - Arts
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