Overview
What is The Imperial Symphony Orchestra Inc?
The Imperial Symphony Orchestra Inc, located in Lakeland, Florida, serves as a symphony orchestra with a mission to foster appreciation for music. Their primary objective is to promote understanding of this art form within the community, aligning with the description "To cultivate an understanding of music." The organization's activities and mission statement both emphasize this central role in fostering a deep appreciation for music.
Official website here: www.imperialsymphony.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (73%, Two-Star out of Four Star rating)
The Imperial Symphony Orchestra Inc has received a two-star rating from Charity Navigator, indicating that while the organization meets some standards of accountability and finance, it still requires improvements in certain areas. The overall score of 73% reflects strengths in governance, particularly with a fully independent board and a solid program expense ratio of nearly 70%, suggesting that a significant portion of its expenses is directed toward its mission.
However, the organization has notable weaknesses, including the absence of a whistleblower policy and a document retention and destruction policy, as well as missing financial statements on its website. These gaps in governance and transparency may raise concerns among potential donors regarding the organization's accountability practices. Additionally, although the organization shows a low liability-to-asset ratio, the lack of publicly available financial documents could hinder trust and confidence among stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is The Imperial Symphony Orchestra Inc legitimate?
The Imperial Symphony Orchestra Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Imperial 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: $76,358
Professional Fundraising Fees: $0
Other Salaries and Wages: $79,974
For more financial information, click here
Official website here: www.imperialsymphony.org
What is the mission statement of The Imperial Symphony Orchestra Inc?
The Imperial Symphony Orchestra Inc's mission is centered around fostering an appreciation for music. By doing so, they aim to cultivate a deeper understanding of this art form. This orchestra, while specific details about its location are not provided, strives to contribute to this cause. Their objectives include, but are not limited to, promoting music education and encouraging its widespread enjoyment.
Official website here: www.imperialsymphony.org
What is the revenue of The Imperial Symphony Orchestra Inc?
The Imperial Symphony Orchestra Inc's revenue in 2024 was $545,997.
Official website here: www.imperialsymphony.org
Who are the executives of The Imperial Symphony Orchestra Inc and what are their salaries?
The average compensation at The Imperial Symphony Orchestra Inc during 2024 was $52,111. There are 3 employees and 25 volunteers at The Imperial Symphony Orchestra Inc.
Here are 18 key members and their salaries:
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Official website here: www.imperialsymphony.org
Where can I find the form 990 for The Imperial Symphony Orchestra Inc?
The Imperial Symphony Orchestra Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.imperialsymphony.org
Learn more at the official website: www.imperialsymphony.org
Mission Statement of The Imperial Symphony Orchestra Inc
The Imperial Symphony Orchestra Inc, a nonprofit organization, is committed to fostering an appreciation for music. Their mission, in simple terms, is to cultivate a deep understanding of musical artistry. This mission is embodied in the work of the Lakeland Symphony Orchestra, which operates under the umbrella of The Imperial Symphony Orchestra Inc. The orchestra, based in Lakeland, Florida, strives to achieve this goal by providing opportunities for the community to engage with and learn about music. This could involve various performances, educational programs, or outreach initiatives. By doing so, The Imperial Symphony Orchestra Inc contributes to the enrichment of cultural experiences and fosters a deeper connection with music for its audience.
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Impact
July, 2024
The Imperial Symphony Orchestra Inc's impact lies in its mission to cultivate an understanding of music, particularly through its performances and programs. As a symphony orchestra based in Lakeland, FL, the organization plays a vital role in enriching the cultural landscape of the community. By providing live musical performances and educational opportunities, The Imperial Symphony Orchestra Inc contributes to the cultural vibrancy of the city and helps foster an appreciation for the arts among its residents. Through its dedication to showcasing the beauty and power of music, the organization plays a significant role in enhancing the quality of life for individuals in Lakeland and beyond.
This information is meant to be a general summary of The Imperial 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 2024.
- Investment Income: $15,782
- Program Service Revenue: $131,136
- Gross Receipts: $545,997
Assets and Liabilities:
- Total Assets: $935,661
- Total Liabilities: $53,024
- Net Assets: $882,637
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MUSICAL EVENTS
Revenue
$131,136
Organization Details
Founding Year
1965
Principal Officer
Ashley Miller
Website
www.imperialsymphony.orgNTEE Category
Code: A69 - Arts
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