Overview
What is Chopin Foundation Of The United States Inc?
The Chopin Foundation of the United States Inc, located in Miami, Florida, is a renowned national nonprofit organization dedicated to nurturing young talented American musicians. With a mission to support these gifted individuals financially and professionally, the foundation aims to foster the emergence of future master musicians. By providing a range of programs, the Chopin Foundation serves as a catalyst for the growth of classical music among general audiences, thereby enriching communities that champion these musicians. With a modest workforce of four individuals, this distinguished organization is committed to promoting and advocating for the artistic development of young American musicians.
Official website here: www.chopin.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 89% (Three-Star out of Four Star rating)
The Chopin Foundation of the United States Inc has received an 89% rating from Charity Navigator, reflecting a solid performance in accountability and finance. The foundation achieved a high score of 90% in this category, which indicates effective financial management and transparency. Key strengths include having a fully independent board and a strong commitment to ethical oversight, as evidenced by their policies on conflicts of interest and asset management.
In terms of financial health, the foundation demonstrates a robust program expense ratio of 88.63%, suggesting that the majority of their funding is directed towards their mission-related programs. Their low liabilities to assets ratio of 0.17% further indicates sound financial stability. However, there are some areas for improvement, particularly related to the absence of a whistleblower policy and document retention procedures.
The foundation also excels in culture and community engagement, scoring a perfect 100 in this area. This reflects their commitment to fostering a positive organizational culture and promoting inclusive practices. Overall, the Chopin Foundation of the United States Inc shows a strong commitment to their mission and effective governance, though attention to certain operational policies could enhance their overall effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Chopin Foundation Of The United States Inc legitimate?
Chopin Foundation Of The United States Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Chopin Foundation Of The United States 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $111,399
For more financial information, click here
Official website here: www.chopin.org
What is the mission statement of Chopin Foundation Of The United States Inc?
The Chopin Foundation of the United States Inc. is committed to supporting young, talented American musicians and promoting classical music among general audiences. As a national not-for-profit organization, its mission is to provide both financial and professional assistance to these aspiring musicians. The foundation's programs aim to encourage the development of future master musicians while serving the communities that support them.
Official website here: www.chopin.org
Who is the CEO of Chopin Foundation Of The United States Inc?
Blanka A Rosenstiel is the Executive Di of Chopin Foundation Of The United States Inc.
Official website here: www.chopin.org
What is the revenue of Chopin Foundation Of The United States Inc?
Chopin Foundation Of The United States Inc's revenue in 2022 was $491,091.
Official website here: www.chopin.org
Who are the executives of Chopin Foundation Of The United States Inc and what are their salaries?
The average compensation at Chopin Foundation Of The United States Inc during 2022 was $27,850. There are 4 employees and 200 volunteers at Chopin Foundation Of The United States Inc.
Here are 3 key members and their salaries:
- Compensation: $72,516
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.chopin.org
Where can I find the form 990 for Chopin Foundation Of The United States Inc?
Chopin Foundation Of The United States Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.chopin.org
Learn more at the official website: www.chopin.org
Mission Statement of Chopin Foundation Of The United States Inc
The Chopin Foundation of the United States Inc is a national non-profit organization with a mission to support and nurture young, talented American musicians. This mission extends beyond just providing financial aid; the foundation also offers professional guidance to help these aspiring musicians reach their full potential. By focusing on America's future master musicians, the Chopin Foundation aims to serve the communities that support these talented individuals, promoting classical music among general audiences. This mission is carried out through various programs that encourage and foster the growth of young musicians, ultimately contributing to the enrichment of classical music culture in the United States.
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Impact
July, 2024
The Chopin Foundation of the United States Inc has a significant impact on supporting young American musicians and promoting classical music among general audiences. By providing financial and professional support to talented American musicians, the foundation plays a crucial role in encouraging and nurturing the future master musicians of America. Through its programs, the foundation not only supports the growth and development of young talent but also serves the communities that support them. Overall, the Chopin Foundation of the United States Inc contributes to the enrichment of classical music culture in America and helps in fostering a new generation of exceptional musicians.
This information is meant to be a general summary of Chopin Foundation Of The United States 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: $65,165
- Program Service Revenue: $66,243
- Gross Receipts: $500,076
Assets and Liabilities:
- Total Assets: $1,521,543
- Total Liabilities: $2,579
- Net Assets: $1,518,964
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ADMISSIONS
Revenue
$39,066
MEMBERSHIP DUES
Revenue
$27,177
Organization Details
Phone
(305) 868-0624Principal Officer
Blanka A Rosenstiel
Main Address
1440-79TH STREET CAUSEWAY STE 117, MIAMI, FL, 33141
Website
www.chopin.orgNTEE Category
Code: A68J - Arts
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