Overview
What is Paducah Symphony Orchestra Inc?
Paducah Symphony Orchestra Inc, located at 222 Kentucky Ave Suite 10, Paducah, KY 42001, is a nonprofit organization dedicated to fostering an appreciation for music among local residents and enhancing the cultural standing of the region. With a workforce of 128 individuals, the organization strives to achieve its mission by promoting the love for music and elevating the region's cultural reputation. The nonprofit's activities and mission are intertwined, focusing on nurturing the musical tastes of the community and contributing to the region's cultural standing.
Official website here: www.paducahsymphony.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73%, Two-Star out of Four Star rating.
The Paducah Symphony Orchestra Inc has received a 73% rating, indicating a moderate level of accountability and financial health. The organization has achieved a full score for its independent board members, with all 30 members being independent, and has demonstrated no material diversion of assets. Additionally, the program expense ratio is strong at 73.75%, suggesting that a significant portion of its expenditures goes toward its programs.
However, the organization has some notable limitations. It lacks essential policies such as a conflict of interest and a whistleblower policy, which impacted its overall score. Although it has robust documentation practices, the absence of these policies raises concerns about governance and transparency. These factors contribute to the two-star rating, reflecting areas where improvement is necessary for enhancing trust and accountability among stakeholders.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Paducah Symphony Orchestra Inc?
94% of 18 reviewers on Facebook recommend the Paducah Symphony Orchestra. Here is a summary of their reviews:
Many attendees praised the performances, highlighting the overall quality and enjoyment of the music. One reviewer described a recent evening's performance as "wonderful," reflecting a positive experience that resonates with others who appreciate the symphony's talent and efforts in the community.
The consistent recommendation rate indicates that the Paducah Symphony Orchestra successfully captivates its audience and delivers enriching musical experiences, earning a strong endorsement from its supporters. Overall, guests leave feeling fulfilled and impressed by the performances presented.
This AI summary has been generated from reviews found on Facebook.
Is Paducah Symphony Orchestra Inc legitimate?
Paducah Symphony Orchestra Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Paducah 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: $49,600
Professional Fundraising Fees: $0
Other Salaries and Wages: $371,054
For more financial information, click here
Official website here: www.paducahsymphony.com
What is the mission statement of Paducah Symphony Orchestra Inc?
The Paducah Symphony Orchestra Inc's mission is centered around enhancing the appreciation of music among local citizens and boosting the cultural standing of the region. By pursuing this goal, they aim to foster a deeper connection with music and elevate the cultural reputation in their community.
Official website here: www.paducahsymphony.com
Who is the CEO of Paducah Symphony Orchestra Inc?
Reece King is the Chief Executive Officer of Paducah Symphony Orchestra Inc. The CEO's salary of Paducah Symphony Orchestra Inc is $0 and their total compensation is $0.
Official website here: www.paducahsymphony.com
What is the revenue of Paducah Symphony Orchestra Inc?
Paducah Symphony Orchestra Inc's revenue in 2022 was $1,834,340.
Official website here: www.paducahsymphony.com
Who are the executives of Paducah Symphony Orchestra Inc and what are their salaries?
The average compensation at Paducah Symphony Orchestra Inc during 2022 was $3,286. There are 128 employees and 120 volunteers at Paducah Symphony Orchestra Inc.
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Official website here: www.paducahsymphony.com
Where can I find the form 990 for Paducah Symphony Orchestra Inc?
Paducah Symphony Orchestra Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.paducahsymphony.com
Learn more at the official website: www.paducahsymphony.com
Mission Statement of Paducah Symphony Orchestra Inc
The Paducah Symphony Orchestra Inc serves a significant role in enriching the musical appreciation of its local community and contributing to the cultural reputation of the region. Their mission, in essence, is twofold: firstly, to foster a deeper appreciation for music among the area's citizens, and secondly, to elevate the cultural standing of the region as a whole. By fulfilling this mission, the Paducah Symphony Orchestra Inc aims to provide a platform for musical growth and cultural enrichment, ultimately enriching the lives of its community members.
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Impact
July, 2024
The Paducah Symphony Orchestra Inc plays a vital role in enhancing the appreciation of music for area citizens and elevating the cultural reputation of the region. Through their performances and outreach programs, they bring the beauty and power of music to the community, enriching the lives of those who participate and attend. Their dedication to promoting the arts helps foster a vibrant cultural scene in Paducah, Kentucky, making it a more dynamic and engaging place to live and visit. Their impact resonates beyond the concert hall, influencing the overall cultural fabric of the region and inspiring future generations to embrace the arts.
This information is meant to be a general summary of Paducah 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: $19,090
- Program Service Revenue: $297,977
- Gross Receipts: $1,834,340
Assets and Liabilities:
- Total Assets: $2,866,497
- Total Liabilities: $550,909
- Net Assets: $2,315,588
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM SERVICE OTHER
Revenue
$297,977
Organization Details
Founding Year
1980
Phone
(270) 444-0065Principal Officer
Reece King
Main Address
222 KENTUCKY AVE SUITE 10, PADUCAH, KY, 42001
Website
www.paducahsymphony.comNTEE Category
Code: A69 - Arts
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