Overview
What is Punta Gorda Symphony Inc?
Punta Gorda Symphony Inc is a distinguished nonprofit organization situated in Punta Gorda, Florida. With a small team of five dedicated individuals, its primary mission is to enrich the local community by providing high-quality symphonic music performances. During the 2021-2022 season, the orchestra presented a total of nine performances, including two orchestra concerts and two chamber concerts, each with multiple showings. The symphony serves as a vital component of cultural growth in the region, contributing to the community's artistic and intellectual development.
Official website here: www.pgsymphony.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (Two-Star out of Four Stars, 65%)
Punta Gorda Symphony Inc has received a Two-Star rating from Charity Navigator, indicating a need for improvement in its accountability and financial practices. While the organization benefits from a fully independent board and has not experienced any material diversion of assets, there are significant weaknesses in its governance policies. The absence of a conflict of interest policy, whistleblower policy, and document retention policy raise concerns about transparency and accountability.
Financially, the organization boasts a strong program expense ratio of 88.69%, demonstrating effective allocation of resources towards its mission. However, the liabilities to assets ratio is notably high at 151.34%, which could signal potential financial stability issues. Despite these challenges, Punta Gorda Symphony Inc excels in its leadership and adaptability scores, showcasing an effective strategy and capable leadership team.
Overall, while the Punta Gorda Symphony Inc shows promise in its programmatic effectiveness and governance structure with independent board oversight, the lack of essential policies and high liabilities highlight areas needing urgent attention for improvement and better sustainability.
This AI summary has been generated from information found on Charity Navigator.
Is Punta Gorda Symphony Inc legitimate?
Punta Gorda Symphony Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Punta Gorda 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $221,035
For more financial information, click here
Official website here: www.pgsymphony.org
What is the mission statement of Punta Gorda Symphony Inc?
The mission of Punta Gorda Symphony Inc is centered around providing a high-quality regional orchestra, serving the community with symphonic music. This orchestra plays a significant role in fostering cultural growth. In essence, their goal is to offer the community an enriching musical experience, contributing to its cultural development. During their 2021-2022 season, they presented a series of concerts, showcasing their commitment to delivering symphonic music to their audience.
Official website here: www.pgsymphony.org
Who is the CEO of Punta Gorda Symphony Inc?
Michael Landsberg is the President of Punta Gorda Symphony Inc.
Official website here: www.pgsymphony.org
What is the revenue of Punta Gorda Symphony Inc?
Punta Gorda Symphony Inc's revenue in 2022 was $882,296.
Official website here: www.pgsymphony.org
Who are the executives of Punta Gorda Symphony Inc and what are their salaries?
The average compensation at Punta Gorda Symphony Inc during 2022 was $44,207. There are 5 employees and 44 volunteers at Punta Gorda Symphony Inc.
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Official website here: www.pgsymphony.org
Where can I find the form 990 for Punta Gorda Symphony Inc?
Punta Gorda Symphony Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.pgsymphony.org
Learn more at the official website: www.pgsymphony.org
Mission Statement of Punta Gorda Symphony Inc
Punta Gorda Symphony Inc, a renowned nonprofit organization, is dedicated to enriching the community through the provision of a high-quality regional orchestra. This orchestra serves as a significant contributor to cultural growth, offering the community an opportunity to engage with symphonic music. The mission of Punta Gorda Symphony Inc is multifaceted, aiming to cater to the community's entertainment needs while also fostering a sense of cultural development.
During the 2021-2022 season, Punta Gorda Symphony Inc showcased its commitment to this mission by presenting a series of concerts. The season featured a total of nine performances, including two orchestra concerts with two showings each and two chamber concerts with three showings each. These performances offered the community an array of symphonic music, providing an enjoyable and enriching cultural experience.
In conclusion, Punta Gorda Symphony Inc's mission is to provide a quality regional orchestra, serving the community with symphonic music. This mission is not just about entertainment, but also about fostering cultural growth and offering the community a valuable part of its cultural landscape. Through its concerts, Punta Gorda Symphony Inc has demonstrated its commitment to this mission, providing the community with an engaging and enjoyable cultural experience.
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Impact
July, 2024
Punta Gorda Symphony Inc has significantly enriched the cultural landscape of Punta Gorda, Florida, by providing high-quality symphonic music performances to the community. Through a series of well-attended concerts during the 2021-2022 season, including orchestra and chamber concerts, the organization has offered residents and visitors alike the opportunity to experience the power and beauty of live classical music.
By offering a total of nine performances throughout the season, Punta Gorda Symphony Inc has not only entertained audiences but has also contributed to the cultural growth and enrichment of the community. These performances have helped foster a greater appreciation for the arts and have provided a platform for talented musicians to showcase their skills and passion for symphonic music.
Overall, Punta Gorda Symphony Inc's impact can be seen in its dedication to providing access to high-quality orchestral music, its role in promoting cultural growth, and its efforts to make symphonic music an integral part of the community's artistic experience.
This information is meant to be a general summary of Punta Gorda 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 2022.
- Investment Income: $2,107
- Program Service Revenue: $301,229
- Gross Receipts: $886,313
Assets and Liabilities:
- Total Assets: $435,851
- Total Liabilities: $6,208
- Net Assets: $429,643
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CONCERT REVENUE
Revenue
$287,429
AD SALES
Revenue
$13,800
Organization Details
Founding Year
1987
Phone
(941) 205-5996Principal Officer
Michael Landsberg
Main Address
PO BOX 511047, PUNTA GORDA, FL, 33951
Website
www.pgsymphony.orgNTEE Category
Code: A69Z - Arts
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