Overview
What is Percussive Arts Society Inc?
The Percussive Arts Society Inc., located in Indianapolis, Indiana, is a renowned nonprofit organization that caters to a global subscriber base of over 5,000 individuals. Its primary mission is to inspire, educate, and support percussionists and drummers worldwide. The society achieves this through various initiatives, including publishing a professional journal, 'Percussive Notes,' five times a year, and an electronic magazine, 'Rhythm Scene,' six times a year. In addition, the organization boasts an extensive online research database, which is available to subscribers based on their level of membership. Every year, Percussive Arts Society Inc. hosts the World's Largest Annual Drum and Percussion Convention, known as the Percussive Arts Society International Convention (PASIC), attracting over 5,000 attendees. Another creative vision of the society is the Rhythm Discovery Center, located in downtown Indianapolis, Indiana. This hands-on drum and percussion museum welcomes over 17,000 visitors annually, serving as a testament to the society's commitment to its mission. With a dedicated team of 13 employees, Percussive Arts Society Inc. continues to foster the love and appreciation for percussion and drumming around the world.
Official website here: www.pas.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 88% (Three-Star out of Four Star Rating)
The Percussive Arts Society Inc has earned a solid three-star rating from Charity Navigator, reflecting an 88% score in accountability and finance. This rating highlights the organization's strong governance, with 100% of board members being independent and a full score for their financial oversight practices. Additionally, the program expense ratio of 76.23% indicates that a significant portion of their funds is directed towards their mission-related activities.
Despite these strengths, there are notable limitations, particularly in their governance policies. The absence of a whistleblower policy and a document retention and destruction policy, both receiving zero points, may impact transparency and accountability. Furthermore, the nonprofit has not posted its tax form on its website, which could limit accessibility for stakeholders seeking financial information.
Overall, while the Percussive Arts Society Inc demonstrates strong financial health and effective governance structures, addressing the gaps in policy documentation could enhance its accountability and public trust.
This AI summary has been generated from information found on Charity Navigator.
Is Percussive Arts Society Inc legitimate?
Percussive Arts Society Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Percussive Arts 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: $113,527
Professional Fundraising Fees: $0
Other Salaries and Wages: $437,387
For more financial information, click here
Official website here: www.pas.org
What is the mission statement of Percussive Arts Society Inc?
The Percussive Arts Society Inc, as outlined in its mission statement, aims to inspire, educate, and support percussionists and drummers globally. This organization undertakes various activities to achieve this goal, including publishing educational materials, managing an online research database, and hosting the world's largest annual drum and percussion convention, the Percussive Arts Society International Convention (PASIC). The society also operates Rhythm Discovery Center, a hands-on drum and percussion museum, to engage a wide audience and foster a deeper appreciation for percussion music.
Official website here: www.pas.org
What is the revenue of Percussive Arts Society Inc?
Percussive Arts Society Inc's revenue in 2023 was $1,467,731.
Official website here: www.pas.org
Who are the executives of Percussive Arts Society Inc and what are their salaries?
The average compensation at Percussive Arts Society Inc during 2023 was $45,910. There are 12 employees and 150 volunteers at Percussive Arts Society Inc.
Here are 13 key members and their salaries:
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Official website here: www.pas.org
Where can I find the form 990 for Percussive Arts Society Inc?
Percussive Arts Society Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.pas.org
Learn more at the official website: www.pas.org
Mission Statement of Percussive Arts Society Inc
The Percussive Arts Society Inc, a renowned organization, is dedicated to inspiring, educating, and supporting percussionists and drummers worldwide. Their mission is multifaceted, aiming to foster an inclusive and supportive environment for individuals who have a passion for percussion.
To achieve this objective, Percussive Arts Society Inc provides a range of resources. They publish a professional journal, "Percussive Notes," five times a year, and an electronic magazine, "Rhythm Scene," six times a year. These publications serve as valuable sources of information and inspiration for subscribers, who number over 5,000. Furthermore, the organization offers an extensive online research database, which is accessible to subscribers based on their subscription level.
In addition to these resources, Percussive Arts Society Inc hosts the World's largest annual drum and percussion convention, the Percussive Arts Society International Convention (PASIC). This event attracts over 5,000 attendees each year, providing a platform for networking, education, and showcasing talent in the percussion world.
The organization's commitment to education and support is further exemplified by the Rhythm Discovery Center in downtown Indianapolis, Indiana. This creative vision of Percussive Arts Society Inc is the world's foremost hands-on drum and percussion museum, attracting over 17,000 visitors annually. Through these initiatives and resources, Percussive Arts Society Inc is making significant strides in inspiring, educating, and supporting percussionists and drummers worldwide.
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Impact
July, 2024
Percussive Arts Society Inc's impact can be seen through its wide-reaching efforts to inspire, educate, and support percussionists and drummers around the world. Through its activities such as publishing professional journals, hosting the largest annual drum and percussion convention, and operating the world's foremost hands-on drum and percussion museum, PAS has created a significant influence in the percussion community. With a subscriber base of over 5,000 individuals and more than 17,000 annual visitors to its Rhythm Discovery Center, PAS plays a crucial role in advancing the art of percussion and enriching the lives of musicians and enthusiasts globally.
This information is meant to be a general summary of Percussive Arts 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 2023.
- Investment Income: $75,211
- Program Service Revenue: $939,952
- Gross Receipts: $2,762,158
Assets and Liabilities:
- Total Assets: $4,867,107
- Total Liabilities: $1,525,239
- Net Assets: $3,341,868
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CONVENTION INCOME
Revenue
$797,248
MUSEUM SALES
Revenue
$63,778
CHAPTER PROGRAMS
Revenue
$56,785
PUBLICATION INCOME
Revenue
$21,741
Organization Details
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