Overview
What is Florida West Coast Symphony Inc?
Florida West Coast Symphony Inc, operating under the name Sarasota Orchestra, is a renowned regional orchestra based in Sarasota, Florida. As one of the leading symphonies in the U.S., it offers a diverse range of classical, pops, and chamber music concerts. Prior to the COVID-19 pandemic, the orchestra engaged with over 88,000 people annually through more than 100 live performances. The orchestra's mission is to engage, educate, and enrich the community through high-quality live musical experiences, with a commitment to performing with the highest standards and fostering a culture of service, respect, and collaboration. Despite the challenges posed by the pandemic, the orchestra continued its operations, offering safe outdoor concerts and connecting with local residents of all ages through various outreach programs. Sarasota Orchestra currently employs 76 contracted musicians, with 48 forming its full-time core.
Official website here: www.sarasotaorchestra.org
What are the reviews and ratings of this charity?
**Charity Rating: 100% (Four-Star out of Four Star Rating - Charity Navigator)**
The Florida West Coast Symphony Inc, d/b/a Sarasota Orchestra, has received an impressive 100% rating from Charity Navigator, indicating a strong performance in accountability and finance. This rating reflects the organization’s commitment to maintaining transparency with an independent board and robust financial reporting practices, ensuring that a significant portion of its funding is directed towards its programs.
One of the organization's notable strengths is its high program expense ratio of 80.31%, which suggests that the majority of its funds are allocated to fulfilling its mission rather than administrative costs. Furthermore, it demonstrates excellent fundraising efficiency, generating substantial support with minimal costs. This performance underscores the Sarasota Orchestra's effective financial management and dedicated operational practices.
As for user feedback, reviews from GreatNonprofits could not be fetched at this time. Therefore, further insights from the community cannot be provided to assess the public's sentiment towards the organization. Overall, the Sarasota Orchestra appears to be a well-managed nonprofit with a solid reputation for financial integrity.
This AI summary has been generated from information found on Charity Navigator.
Is Florida West Coast Symphony Inc legitimate?
Florida West Coast Symphony Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Florida West Coast 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: $664,821
Professional Fundraising Fees: $0
Other Salaries and Wages: $7,343,696
For more financial information, click here
Official website here: www.sarasotaorchestra.org
What is the mission statement of Florida West Coast Symphony Inc?
The Florida West Coast Symphony Inc, operating as Sarasota Orchestra, is dedicated to enriching its community through high-quality live musical experiences. The orchestra strives to engage its audience with exceptional performances and programming, fostering a culture of service, respect, and collaboration. It is committed to showcasing classical music and welcoming great music from various genres, thereby educating and enriching the community.
Official website here: www.sarasotaorchestra.org
Who is the CEO of Florida West Coast Symphony Inc?
Joseph Mckenna is the Chair of Florida West Coast Symphony Inc. The CEO's salary of Florida West Coast Symphony Inc is $256,214 and their total compensation is $299,083.
Official website here: www.sarasotaorchestra.org
What is the revenue of Florida West Coast Symphony Inc?
Florida West Coast Symphony Inc's revenue in 2023 was $10,091,175.
Official website here: www.sarasotaorchestra.org
Who are the executives of Florida West Coast Symphony Inc and what are their salaries?
The average compensation at Florida West Coast Symphony Inc during 2023 was $23,624. There are 339 employees and 350 volunteers at Florida West Coast Symphony Inc.
Here are 21 key members and their salaries (Florida West Coast Symphony Inc's CEO's salary is $256,214 and their total compensation is $299,083):
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- Compensation: $256,214
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- Other: $15,208
Official website here: www.sarasotaorchestra.org
Where can I find the form 990 for Florida West Coast Symphony Inc?
Florida West Coast Symphony Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.sarasotaorchestra.org
Learn more at the official website: www.sarasotaorchestra.org
Mission Statement of Florida West Coast Symphony Inc
Florida West Coast Symphony Inc, known as Sarasota Orchestra, is dedicated to enriching and engaging its community through exceptional live musical experiences. The orchestra is committed to maintaining the highest standards in performance and programming, operating in an environment of service, respect, and collaboration. Sarasota Orchestra takes pride in presenting classical music and welcomes great music from various genres, aiming to cater to a wide range of musical tastes. The orchestra's mission is not just about providing concerts; it is about fostering a cultural connection with its community, encouraging education, and enriching the lives of its audience members.
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Impact
July, 2024
Florida West Coast Symphony Inc D/B/A Sarasota Orchestra's impact can be seen in its commitment to engaging, educating, and enriching the community through high-quality live musical experiences. As one of the leading regional orchestras in the United States, Sarasota Orchestra's performances reach a wide audience, with over 88,000 people attending more than 100 live musical performances in a season prior to the COVID-19 pandemic.
The orchestra's programming, which includes classical, pops, and chamber music concerts, contributes to the cultural vibrancy of the Sarasota area, showcasing the highest standards in performing and programming. Additionally, Sarasota Orchestra actively engages with the community through outreach programs such as the "On the Road with SO" community tour, free family concerts, and programs offering free tickets to residents, strengthening the community's artistic profile and reputation as a cultural hub in Florida.
Through its dedication to providing diverse and accessible musical experiences, Sarasota Orchestra plays a vital role in enriching the cultural landscape of Sarasota and fostering a sense of community through the power of music.
This information is meant to be a general summary of Florida West Coast 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: -$1,609,174
- Program Service Revenue: $3,570,584
- Gross Receipts: $27,351,482
Assets and Liabilities:
- Total Assets: $31,780,178
- Total Liabilities: $3,340,195
- Net Assets: $28,439,983
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SYMPHONY CONCERTS
Revenue
$2,887,474
CONTRACT REVENUE
Revenue
$308,446
MUSIC FESTIVAL
Revenue
$280,456
MUSIC EDUCATION
Revenue
$94,208
Organization Details
Founding Year
1949
Phone
(941) 953-4252Principal Officer
Joseph Mckenna
Main Address
709 NORTH TAMIAMI TRAIL, SARASOTA, FL, 34236
Website
www.sarasotaorchestra.orgNTEE Category
Code: A690 - Arts
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