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Knoxville Symphony Foundation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 621870544 ✦ Knoxville, TN ✦ Designated as a 501(c)(3)

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Overview

What is Knoxville Symphony Foundation?

The Knoxville Symphony Foundation is a charitable organization situated in Knoxville, Tennessee. Its primary mission is to manage and distribute endowment funds for the benefit of the Knoxville Symphony Society, a non-profit 501(C)(3) organization. This foundation plays a crucial role in supporting the Knoxville Symphony Society, a regional orchestra, by providing financial resources to enhance its operations. The foundation's activities are centered around the management of these endowment funds, contributing to the overall growth and success of the symphony society.


Official website here: www.knoxvillesymphony.com

Is Knoxville Symphony Foundation legitimate?

Knoxville Symphony Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Knoxville Symphony Foundation 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: $0

For more financial information, click here


Official website here: www.knoxvillesymphony.com

What is the mission statement of Knoxville Symphony Foundation?

The Knoxville Symphony Foundation's mission involves managing endowment funds for the benefit of the Knoxville Symphony Society, a non-profit 501(C)(3) organization. This foundation's primary role is to distribute these funds back to the symphony society, thereby supporting a regional symphony orchestra. The Knoxville Symphony Society's mission, indirectly addressed by the foundation, is to enrich the community through music and educational programs. The foundation plays a crucial role in sustaining and enhancing the symphony orchestra's operations and activities.


Official website here: www.knoxvillesymphony.com

Who is the CEO of Knoxville Symphony Foundation?

Herbert Sanger Jr is the Chairman of Knoxville Symphony Foundation.


Official website here: www.knoxvillesymphony.com

What is the revenue of Knoxville Symphony Foundation?

Knoxville Symphony Foundation's revenue in 2023 was $306,865.


Official website here: www.knoxvillesymphony.com

Who are the executives of Knoxville Symphony Foundation and what are their salaries?

There 6 volunteers at Knoxville Symphony Foundation.


Here are 6 key members and their salaries:


Randy C Edgemon (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Herbert Sanger Jr (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Mamantov (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Evelyn Shaw (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ned Smethers (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
J Harvey White (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.knoxvillesymphony.com

Where can I find the form 990 for Knoxville Symphony Foundation?

Knoxville Symphony Foundation's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.knoxvillesymphony.com

Learn more at the official website: www.knoxvillesymphony.com

Mission Statement of Knoxville Symphony Foundation

The Knoxville Symphony Foundation, as a non-profit organization, is dedicated to managing endowment funds for the benefit of the Knoxville Symphony Society. This Tennessee-based entity, classified as a 501(c)(3), is the primary recipient of these funds. The primary mission of the Knoxville Symphony Foundation is to distribute these endowment funds back to the Knoxville Symphony Society. This orchestra, serving as a regional symphony orchestra, significantly benefits from these funds, thereby continuing to provide music and cultural experiences to its community.

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Impact




October, 2024

The Knoxville Symphony Foundation plays a crucial role in supporting the Knoxville Symphony Society by managing endowment funds that provide financial stability and resources for the regional symphony orchestra. By distributing these funds, the Foundation ensures that the symphony can sustain its artistic mission, offering a wide range of performances and educational programs that enrich the cultural landscape of Knoxville, TN. This support fosters community engagement with the arts, enhances accessibility to symphonic music, and helps cultivate a new generation of music lovers. The Foundation's commitment to nurturing the symphony directly impacts the vibrancy of the local arts scene, making it a vital asset for the community.




This information is meant to be a general summary of Knoxville Symphony Foundation. 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.

Revenue
$306,865 (2023)
Expenses
$394,000 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $150,719
  • Gross Receipts: $1,669,295

Assets and Liabilities:

  • Total Assets: $10,895,852
  • Total Liabilities: $0
  • Net Assets: $10,895,852

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Organization Details

Founding Year

2001

Principal Officer

Herbert Sanger Jr

Main Address

100 S GAY STREET SUITE 302, KNOXVILLE, TN, 37902

NTEE Category

Code: A69 - Arts

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