Overview
What is Plano Symphony Orchestra Assoc?
The Plano Symphony Orchestra Association, located at 1635 Dorchester Drive, Plano, Texas 75075, is a dedicated nonprofit organization committed to inspiring, educating, entertaining, and involving the community in the appreciation of music. They present over 200 concerts and events annually, reaching an audience of approximately 150,000 individuals. Their mission encompasses various programs, including a subscription series, family concert series, and school concert education, with a focus on making music accessible to all, regardless of age, race, ethnicity, or socio-economic status. Their educational vision is centered around ensuring that music remains a vital component of the community. The organization's 2021/2022 season incorporated a hybrid presentation of in-person and live streaming concerts, reaching out to both local and distant audiences. Additionally, they conduct school concerts and provide musician visits, fostering a love for music among young students. The organization's activities and mission aim to engage and entertain the children, youth, and adults of their community.
Official website here: www.planosymphony.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94% (Four-Star out of Four Star rating)
The Plano Symphony Orchestra Association has received a strong Four-Star rating from Charity Navigator, reflecting its commendable performance in accountability and finance. This rating indicates robust financial management and governance practices, which are essential for fostering trust among donors and stakeholders. The organization's high score is entirely attributed to its accountability and finance metrics, underscoring its commitment to transparency and responsible stewardship of funds.
Key strengths of the Association include a fully independent board and a solid financial oversight structure, with no material diversions of assets reported. The organization also maintains comprehensive policies regarding conflict of interest, whistleblower protections, and document retention, contributing to its overall score. The financial ratios, including a program expense ratio of 68.70%, further demonstrate the Association's focus on directing funds toward its core mission.
While the data highlights the organization's strengths, it is important for potential donors and supporters to continue monitoring its performance over time. The strong accountability measures in place suggest a well-managed nonprofit; however, ongoing engagement and evaluation of its programs will help ensure it remains effective in fulfilling its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Plano Symphony Orchestra Assoc legitimate?
Plano Symphony Orchestra Assoc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Plano Symphony Orchestra Assoc 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: $103,105
Professional Fundraising Fees: $0
Other Salaries and Wages: $394,113
For more financial information, click here
Official website here: www.planosymphony.org
What is the mission statement of Plano Symphony Orchestra Assoc?
The Plano Symphony Orchestra Association's mission is to inspire, educate, entertain, and involve children, youth, and adults in the community through the enjoyment of great music. The organization's education vision aims to make music accessible to as many people as possible, disregarding factors such as age, race, ethnicity, or socio-economic status. Throughout the year, the orchestra presents over 200 concerts and events, reaching an audience of approximately 150,000. In the 2021/2022 season, they offered a subscription series, family concert series, and a school concert education program, reaching over 16,000 third to fifth graders. Prior to the COVID crisis, most concerts were sold out, and musicians visited over 150 schools. Despite challenges, the orchestra is gradually rebuilding, hosting events for various purposes such as awareness, donor cultivation, appreciation, and marketing.
Official website here: www.planosymphony.org
Who is the CEO of Plano Symphony Orchestra Assoc?
Patterson Gregory is the Executive Di of Plano Symphony Orchestra Assoc.
Official website here: www.planosymphony.org
What is the revenue of Plano Symphony Orchestra Assoc?
Plano Symphony Orchestra Assoc's revenue in 2022 was $2,161,170.
Official website here: www.planosymphony.org
Who are the executives of Plano Symphony Orchestra Assoc and what are their salaries?
The average compensation at Plano Symphony Orchestra Assoc during 2022 was $62,152. There are 8 employees and 151200 volunteers at Plano Symphony Orchestra Assoc.
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Official website here: www.planosymphony.org
Where can I find the form 990 for Plano Symphony Orchestra Assoc?
Plano Symphony Orchestra Assoc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.planosymphony.org
Learn more at the official website: www.planosymphony.org
Mission Statement of Plano Symphony Orchestra Assoc
The Plano Symphony Orchestra Association, as a nonprofit organization, is committed to inspiring, educating, entertaining, and involving the children, youth, and adults of their community in the enjoyment of great music. Their mission extends beyond simply presenting concerts and events; they strive to ensure music is accessible to everyone, regardless of age, race, ethnicity, or socio-economic status.
The Plano Symphony Orchestra Association presents over 200 concerts and events annually, reaching an audience of approximately 150,000 individuals. Their educational vision is particularly noteworthy, as they aim to make music available to as many people as possible. The organization's School Concert Education Program, for instance, reached over 16,000 third to fifth-grade students during the 2021/2022 season. Prior to the COVID-19 crisis, most of these concerts were sold out, and the students also received visits from musicians.
In addition to their regular concerts, the Plano Symphony Orchestra Association hosts family concert series in multiple cities and events for various purposes, such as awareness, donor cultivation, appreciation, and marketing. Despite the challenges posed by the pandemic, they are gradually rebuilding and continuing their mission to inspire, educate, entertain, and involve their community in the world of music.
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Impact
July, 2024
The Plano Symphony Orchestra Association's impact includes inspiring, educating, entertaining, and involving the children, youth, and adults of the community in the enjoyment of great music. They present over 200 concerts and events each year to an annual audience of approximately 150,000 people. The orchestra's education program reaches more than 16,000 area 3rd - 5th graders through school concert performances. Additionally, their efforts to provide music to as many people as possible, regardless of age, race, ethnicity, or socio-economic status, contribute to the cultural enrichment of the community.
This information is meant to be a general summary of Plano Symphony Orchestra Assoc. 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: $22,962
- Program Service Revenue: $882,740
- Gross Receipts: $2,189,804
Assets and Liabilities:
- Total Assets: $1,794,236
- Total Liabilities: $702,058
- Net Assets: $1,092,178
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TICKET SALES
Revenue
$364,937
OTHER
Revenue
$318,591
SPONSORED CONCERTS
Revenue
$169,887
EDUCATION INCOME
Revenue
$29,325
Organization Details
Founding Year
1983
Phone
(972) 473-7262Principal Officer
Patterson Gregory
Main Address
1635 DORCHESTER DRIVE, PLANO, TX, 75075
Website
www.planosymphony.orgNTEE Category
Code: A690 - Arts
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