Montgomery Symphony Association

Charity Navigator Rating: 86% (Three-Star out of Four Stars)

The Montgomery Symphony Association has received a favorable rating of 86%, reflecting strong accountability and financial performance. The rating is based entirely on the Accountability & Finance beacon, which highlights the organization’s commitment to transparency and responsible financial management. The high score indicates that the organization effectively manages its resources and adheres to best practices in governance.

Significant strengths include a fully independent board with 100% independent members, which enhances the organization's oversight and decision-making processes. The financial aspects are well-managed, evidenced by a low liabilities to assets ratio of 0.02% and a program expense ratio of 87.85%. These figures suggest that a substantial portion of their funding is directed towards programmatic efforts rather than administrative costs.

While the organization's rating is strong, it is important for potential donors and supporters to consider the broader impact and reach of the programs supported by the Montgomery Symphony Association. Nevertheless, the high accountability scores provide confidence in the organization's operations and commitment to fulfilling its mission.

This AI summary has been generated from information found on Charity Navigator.

Montgomery Symphony Association is a legitimate nonprofit organization registered as a 501(c)(3) entity. Montgomery Symphony Association 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: $191,076

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