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Waco Symphony Foundation

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

EIN: 742497888 ✦ Waco, TX ✦ Designated as a 501(c)(3)

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Overview

What is Waco Symphony Foundation?

The Waco Symphony Foundation is a nonprofit organization situated in Waco, Texas, specifically at 600 Austin Ave Suite 10, 76703. Its primary mission is to provide financial assistance to the Waco Symphony Association, Inc. This support encompasses tuition scholarships for high school students participating in the Waco Youth Symphony Orchestra, who may struggle to pay their participation fees. Additionally, the foundation contributes funds for inviting guest artists to perform with the symphony and aids in the search for a new music director. In essence, the Waco Symphony Foundation acts as a financial backer for the Waco Symphony Association, Inc. to ensure the continuity and enhancement of their orchestral activities.


Official website here: www.wacosymphony.com/foundation

Is Waco Symphony Foundation legitimate?

Waco Symphony Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Waco 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.wacosymphony.com/foundation

What is the mission statement of Waco Symphony Foundation?

The Waco Symphony Foundation's primary objective is to collect and distribute funds to support the Waco Symphony Association, Inc. This assistance extends to various initiatives, such as providing tuition scholarships for high school students participating in the Waco Youth Symphony Orchestra who cannot afford the participation fee. Additionally, the foundation supports the invitation of guest artists to perform with the symphony and contributes to the search for a new music director. In essence, the Waco Symphony Foundation plays a crucial role in sustaining and enhancing the Waco Symphony Association's activities.


Official website here: www.wacosymphony.com/foundation

Who is the CEO of Waco Symphony Foundation?

Carolyn Kannwischer Bess is the Director of Waco Symphony Foundation.


Official website here: www.wacosymphony.com/foundation

What is the revenue of Waco Symphony Foundation?

Waco Symphony Foundation's revenue in 2022 was $102,144.


Official website here: www.wacosymphony.com/foundation

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


Here are 5 key members and their salaries:


Ann Harder (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gerald Powell (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rex Davis (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joe Calao (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carolyn Bess (Executive Director)
  • Compensation: $0
  • Related: $110,367
  • Other: $0


Official website here: www.wacosymphony.com/foundation

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

Waco Symphony Foundation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.wacosymphony.com/foundation

Learn more at the official website: www.wacosymphony.com/foundation

Mission Statement of Waco Symphony Foundation

The Waco Symphony Foundation is a dedicated organization that plays a crucial role in supporting the Waco Symphony Association, Inc. Its primary mission involves receiving and distributing funds to aid this esteemed association. Specifically, the foundation provides financial assistance in various capacities. This includes offering tuition scholarships to high school students participating in the Waco Youth Symphony Orchestra, who might otherwise struggle to cover their participation fees. Additionally, the foundation contributes funds to bring renowned artists to perform with the symphony, enhancing the overall experience for audiences. Furthermore, the Waco Symphony Foundation plays a significant role in the search for a new Music Director for the Waco Symphony Association, Inc., ensuring the continued excellence of the orchestra's leadership.

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Impact




October, 2024

The Waco Symphony Foundation significantly enriches the local community by funding essential programs and initiatives under the Waco Symphony Association. By providing tuition scholarships for high school students who wish to participate in the Waco Youth Symphony Orchestra but face financial barriers, the foundation promotes access to music education and nurtures young talent.

Additionally, it plays a vital role in enhancing the quality of the symphony experience by supporting the acquisition of guest artists, which brings diverse musical perspectives and expertise to the stage. The foundation also aids in the important process of selecting a new music director, ensuring continued artistic growth and vibrancy in the region's cultural offerings. Overall, the Waco Symphony Foundation fosters a love for the arts, cultivates future musicians, and strengthens the community's cultural fabric.




This information is meant to be a general summary of Waco 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
$102,144 (2022)
Expenses
$33,378 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $90,694
  • Gross Receipts: $102,144

Assets and Liabilities:

  • Total Assets: $950,599
  • Total Liabilities: $0
  • Net Assets: $950,599

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Organization Details

Founding Year

1988

Principal Officer

Carolyn Kannwischer Bess

Main Address

600 AUSTIN AVE SUITE 10, WACO, TX, 76703

NTEE Category

Code: A12 - Arts

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