Overview
What is Arkansas Symphony Orchestra Society Inc?
Arkansas Symphony Orchestra Society Inc, located at 2417 N TYLER STREET, Little Rock, AR 72207, is a nonprofit organization with a mission to promote orchestral music appreciation and broaden public awareness of this art form within Arkansas. They strive to enhance cultural awareness within the state by organizing concerts, performances, and activities. With a team of 129 dedicated individuals, their exempt purpose is to influence the appreciation of orchestral music, increase its public awareness, and contribute to the overall cultural enrichment of Arkansas.
Official website here: www.arkansassymphony.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 92% (Four-Star out of Four Star rating)
The Arkansas Symphony Orchestra Society Inc has received a commendable 92% rating from Charity Navigator, reflecting its overall organizational strength and transparency. This high score indicates a well-managed nonprofit with a majority of independent board members and effective oversight mechanisms in place, such as an active Audit and Oversight Committee. The organization demonstrates strong governance practices, ensuring accountability and integrity in its operations.
Financially, the Symphony Orchestra Society has shown exceptional metrics with a program expense ratio of 70.88%, indicating that a significant portion of its funds is directed towards its core mission. Additionally, its fundraising efficiency is robust, with just $0.062 spent to raise a dollar, which suggests effective cost management in fundraising activities. The organization also maintains a healthy working capital ratio of 6.77 years, providing it with stability and the ability to sustain its programs over time.
While the rating highlights numerous strengths, the summary does not identify any notable limitations or weaknesses in the organization’s operational or financial practices. Overall, the Arkansas Symphony Orchestra Society Inc stands out as a well-run nonprofit dedicated to its mission and community engagement.
This AI summary has been generated from information found on Charity Navigator.
Is Arkansas Symphony Orchestra Society Inc legitimate?
Arkansas Symphony Orchestra Society Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Arkansas Symphony Orchestra Society 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,604,291
For more financial information, click here
Official website here: www.arkansassymphony.org
What is the mission statement of Arkansas Symphony Orchestra Society Inc?
The Arkansas Symphony Orchestra Society Inc's mission is centered around promoting orchestral music appreciation and influence, aiming to expand the public's awareness of orchestral music. Their goal is also to enhance cultural awareness within the state. They achieve this through various concerts, performances, and activities, aiming to broaden the reach and impact of orchestral music. These initiatives help increase cultural awareness and potential within their community.
Official website here: www.arkansassymphony.org
Who is the CEO of Arkansas Symphony Orchestra Society Inc?
Christina Littlejohn is the Chair of Arkansas Symphony Orchestra Society Inc.
Official website here: www.arkansassymphony.org
What is the revenue of Arkansas Symphony Orchestra Society Inc?
Arkansas Symphony Orchestra Society Inc's revenue in 2022 was $6,869,278.
Official website here: www.arkansassymphony.org
Who are the executives of Arkansas Symphony Orchestra Society Inc and what are their salaries?
The average compensation at Arkansas Symphony Orchestra Society Inc during 2022 was $12,436. There are 129 employees and 300 volunteers at Arkansas Symphony Orchestra Society Inc.
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- Compensation: $141,778
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Official website here: www.arkansassymphony.org
Where can I find the form 990 for Arkansas Symphony Orchestra Society Inc?
Arkansas Symphony Orchestra Society Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.arkansassymphony.org
Learn more at the official website: www.arkansassymphony.org
Mission Statement of Arkansas Symphony Orchestra Society Inc
Arkansas Symphony Orchestra Society Inc is dedicated to fostering a greater appreciation for orchestral music and expanding public awareness of this art form. By organizing concerts, performances, and activities, the society aims to enrich cultural awareness within the state of Arkansas. Their mission is multi-faceted, seeking not only to promote orchestral music but also to broaden its reach and influence among the general public. By doing so, the Arkansas Symphony Orchestra Society Inc strives to enhance cultural awareness and potential within the state.
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Impact
July, 2024
The Arkansas Symphony Orchestra Society Inc's impact lies in its efforts to increase orchestral music appreciation and influence, broaden public awareness of orchestral music, and enhance cultural awareness within the state of Arkansas. Through concerts, performances, and various activities, the organization contributes significantly to the cultural landscape of Arkansas, providing opportunities for the community to engage with and appreciate orchestral music. By fulfilling its mission, the Arkansas Symphony Orchestra Society Inc plays a vital role in enriching the cultural life of the state and fostering a deeper connection to the arts among its residents.
This information is meant to be a general summary of Arkansas Symphony Orchestra Society 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: $4,344
- Program Service Revenue: $1,060,214
- Gross Receipts: $7,088,115
Assets and Liabilities:
- Total Assets: $16,209,691
- Total Liabilities: $1,085,336
- Net Assets: $15,124,355
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CONCERT ADMISSIONS
Revenue
$732,365
CONTRACTED PERFORMANCE
Revenue
$194,909
EDUCATION PROGRGAM
Revenue
$80,778
YOUTH ORCHESTRA PROGRA
Revenue
$36,680
OTHER INCOME
Revenue
$15,482
Organization Details
Founding Year
1966
Phone
(501) 666-1761Principal Officer
Christina Littlejohn
Main Address
2417 N TYLER STREET, LITTLE ROCK, AR, 72207
Website
www.arkansassymphony.orgNTEE Category
Code: A690 - Arts
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