Overview
What is Symphony Of Southeast Texas Inc?
Symphony of Southeast Texas Inc, situated in Beaumont, Texas, is a nonprofit organization dedicated to promoting a deeper appreciation of symphonic music. With a workforce of five individuals, their mission is to establish, sustain, and nurture a symphony orchestra of exceptional artistic quality. This orchestra aims to contribute significantly to the education, entertainment, and cultural enrichment of the local community within a financially viable framework. The organization further extends its reach by presenting student concerts and enhancing the musical education of students through these events.
Official website here: www.sost.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Stars)
Symphony of Southeast Texas Inc has achieved a commendable Four-Star rating from Charity Navigator, reflecting its strong accountability and financial health. The charity's overall score is derived solely from its impressive accountability and finance metrics, with a perfect score in several key areas, indicating effective governance and transparency.
The organization boasts an independent board with 100% membership, showcasing a commitment to unbiased decision-making. It also scores highly in areas such as financial reporting, with no material diversion of assets and a favorable liabilities-to-assets ratio, suggesting a solid financial foundation. Additionally, the presence of well-defined policies regarding conflicts of interest and document retention reinforces its commitment to ethical standards.
While the organization displays several strengths, the summary does not mention any specific challenges or limitations. Overall, Symphony of Southeast Texas Inc presents itself as a trustworthy nonprofit with robust financial practices and governance, making it a sound option for potential donors looking to support the arts in the region.
This AI summary has been generated from information found on Charity Navigator.
Is Symphony Of Southeast Texas Inc legitimate?
Symphony Of Southeast Texas Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Symphony Of Southeast Texas 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: $310,448
For more financial information, click here
Official website here: www.sost.org
What is the mission statement of Symphony Of Southeast Texas Inc?
Symphony of Southeast Texas Inc is dedicated to establishing, maintaining, and fostering a symphony orchestra of exceptional artistic quality. This orchestra aims to serve a significant role in the education, entertainment, and cultural enrichment of all residents in Southeast Texas, within a sustainable financial structure. Additionally, the organization offers educational symphony programs that promote a deeper appreciation of symphonic music and present student concerts to further the musical education of students.
Official website here: www.sost.org
Who is the CEO of Symphony Of Southeast Texas Inc?
Vernon Pierce is the Symphony Lea of Symphony Of Southeast Texas Inc.
Official website here: www.sost.org
What is the revenue of Symphony Of Southeast Texas Inc?
Symphony Of Southeast Texas Inc's revenue in 2023 was $845,210.
Official website here: www.sost.org
Who are the executives of Symphony Of Southeast Texas Inc and what are their salaries?
The average compensation at Symphony Of Southeast Texas Inc during 2023 was $62,090. There are 5 employees and 10 volunteers at Symphony Of Southeast Texas Inc.
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Official website here: www.sost.org
Where can I find the form 990 for Symphony Of Southeast Texas Inc?
Symphony Of Southeast Texas Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.sost.org
Learn more at the official website: www.sost.org
Mission Statement of Symphony Of Southeast Texas Inc
Symphony of Southeast Texas Inc is committed to creating and sustaining a symphony orchestra of exceptional artistic quality. This orchestra's role extends beyond just performance, aiming to significantly contribute to the education, entertainment, and cultural enrichment of the entire Southeast Texas community. Within a financially viable framework, the organization strives to make a substantial impact in the region, fostering an appreciation for symphonic music and providing opportunities for musical education.
In line with this mission, Symphony of Southeast Texas Inc implements educational symphony programs. These programs serve to further cultivate an appreciation for symphonic music among the community's residents. Moreover, they present student concerts, providing additional opportunities for musical education and development for students. By engaging in these activities, the orchestra not only entertains and educates but also contributes to the cultural growth of the community.
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Impact
July, 2024
Symphony Of Southeast Texas Inc's impact lies in its commitment to developing, maintaining, and nurturing a symphony orchestra of the highest achievable artistic quality. Through its educational symphony programs, the organization promotes a further appreciation of symphonic music and presents student concerts to enhance the musical education of students in the region. Symphony Of Southeast Texas Inc plays a major role in the education, entertainment, and cultural enrichment of all residents of Southeast Texas, contributing significantly to the local arts scene and fostering a love for classical music in the community.
This information is meant to be a general summary of Symphony Of Southeast Texas 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: $4,194
- Program Service Revenue: $292,378
- Gross Receipts: $1,098,976
Assets and Liabilities:
- Total Assets: $985,914
- Total Liabilities: $379,484
- Net Assets: $606,430
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TICKET SALES
Revenue
$221,037
PROGRAM ADVERTISING
Revenue
$71,341
Organization Details
Founding Year
1953
Phone
(409) 892-2257Principal Officer
Vernon Pierce
Main Address
4345 PHELAN BLVD STE 105, BEAUMONT, TX, 77707
Website
www.sost.orgNTEE Category
Code: A69 - Arts
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