Overview
What is Waco Symphony Association Inc?
Waco Symphony Association Inc, located in Waco, Texas, is a nonprofit organization dedicated to enriching the local community through classical music. Their mission is to present live musical performances, as evidenced by the five classical concerts they hosted during the year, featuring guest artists such as Mia Orosco Kelso and the Naughton Sisters. The organization offers an internship program for college students majoring in music performance, providing them with the opportunity to perform with the Waco Symphony Orchestra and receive a scholarship for their education. With a team of five employees, the Waco Symphony Association plays a significant role in supporting and contributing to the cultural life of their community.
Official website here: www.wacosymphony.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Star Rating)
The Waco Symphony Association Inc has received a Three-Star rating from Charity Navigator, indicating a solid level of accountability and financial health. With an overall score of 81%, this rating is derived entirely from its accountability and finance metrics, showcasing the organization’s commitment to transparency and responsible financial management.
Strengths include a fully independent board of directors, with all 8 members meeting the criteria for independence. Additionally, the organization demonstrates strong performance in key financial areas such as a program expense ratio of 75.22%, reflecting effective allocation of resources towards its mission. The absence of material diversion of assets further underscores its financial integrity.
However, the rating does not provide insights into programmatic effectiveness or community impact. While the financial metrics are commendable, potential donors and supporters may want to look into qualitative aspects of the organization’s programs and initiatives to understand its overall efficacy in supporting the arts in the Waco area.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Waco Symphony Association Inc?
100% of the 45 reviewers on Facebook recommend the Waco Symphony Association Inc. Here's a summary of what they have shared:
Many patrons express their deep appreciation for the performances, highlighting the exceptional quality of the Waco Symphony Orchestra. Reviewers frequently mention feeling a sense of pride in their local symphonic talent and enthusiasm for the cultural experiences provided. The concerts seem to leave a lasting impression, encouraging attendees to return for future events.
Overall, the positive sentiment reflects a community that values and enjoys the musical offerings of the Waco Symphony, indicating that the organization successfully fulfills its mission to enrich the cultural fabric of Waco through outstanding performances.
This AI summary has been generated from reviews found on Facebook.
Is Waco Symphony Association Inc legitimate?
Waco Symphony Association Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Waco Symphony Association 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: $114,400
Professional Fundraising Fees: $0
Other Salaries and Wages: $39,436
For more financial information, click here
Official website here: www.wacosymphony.com
What is the mission statement of Waco Symphony Association Inc?
The Waco Symphony Association's mission is centered around enriching the cultural life of its community by presenting live classical music performances. In line with this mission, the organization annually presents several classical concerts, featuring guest artists such as Mia Orosco Kelso and the Naughton Sisters. Furthermore, the Waco Symphony Association offers an internship program for music performance students, allowing them to perform with the orchestra and providing them with a scholarship for their college education. This internship opportunity also provides students with the chance to work with a professional orchestra, contributing to their growth and development in the field of music.
Official website here: www.wacosymphony.com
What is the revenue of Waco Symphony Association Inc?
Waco Symphony Association Inc's revenue in 2024 was $1,095,915.
Official website here: www.wacosymphony.com
Who are the executives of Waco Symphony Association Inc and what are their salaries?
The average compensation at Waco Symphony Association Inc during 2024 was $38,459. There are 4 employees and 100 volunteers at Waco Symphony Association Inc.
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Official website here: www.wacosymphony.com
Where can I find the form 990 for Waco Symphony Association Inc?
Waco Symphony Association Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.wacosymphony.com
Learn more at the official website: www.wacosymphony.com
Mission Statement of Waco Symphony Association Inc
The Waco Symphony Association Inc, a renowned organization, is committed to enriching the cultural life of its community by presenting live classical music performances. Leveraging the Waco Symphony's mission statement, the association arranges a series of concerts each year, inviting distinguished guest artists such as Mia Orosco Kelso and the Naughton Sisters. Furthermore, the Waco Symphony Association offers an internship program for college students majoring in music performance. This opportunity not only allows students to perform with the Waco Symphony Orchestra but also awards them scholarships for their higher education. By fostering a deep connection with classical music and providing a platform for talented students, the Waco Symphony Association contributes significantly to the artistic and educational landscape of its community.
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Impact
July, 2024
The Waco Symphony Association Inc's impact is evident through its support of the Waco Symphony and related events. By presenting classical concerts that feature guest artists like Mia Orosco Kelso and the Naughton Sisters, the association fulfills its mission of bringing classical music to the local community. Additionally, the WSA provides valuable internships for college students majoring in music performance, giving them the opportunity to perform with the Waco Symphony Orchestra and awarding scholarships for their education. Through these efforts, the Waco Symphony Association enriches the cultural life of the community and fosters the growth of talented musicians.
This information is meant to be a general summary of Waco Symphony Association 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 2024.
- Investment Income: $1,879
- Program Service Revenue: $604,256
- Gross Receipts: $1,144,454
Assets and Liabilities:
- Total Assets: $380,153
- Total Liabilities: $26,382
- Net Assets: $353,771
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TICKET SALES
Revenue
$438,718
PROCESSING & HANDLING
Revenue
$55,784
PROGRAM ADVERTISING
Revenue
$40,620
NUTCRACKER MERCH
Revenue
$27,028
BELLES & BRASS & CHILD
Revenue
$25,514
Organization Details
Founding Year
1962
Principal Officer
Carolyn Bess
Website
www.wacosymphony.comNTEE Category
Code: A69Z - Arts
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