Overview
What is East Texas Symphony Orchestra Foundation?
The East Texas Symphony Orchestra Foundation, located in Tyler, Texas, is a dedicated nonprofit organization. Its primary mission is to foster an appreciation for classical music in the community by sponsoring concerts and related activities. To achieve this goal, the foundation supports the musical programs of the East Texas Symphony Orchestra Association. Based at PO Box 6323, this philanthropic entity contributes significantly to the cultural landscape of Tyler, Texas.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 87% (Three-Star out of Four Star rating)
The East Texas Symphony Orchestra Foundation has received a commendable score of 87% from Charity Navigator, which translates to a Three-Star rating. This rating is based solely on the Accountability & Finance beacon, indicating a strong emphasis on financial integrity and governance. The charity demonstrates a robust performance in financial management, showcasing a commitment to transparency and responsible stewardship of resources.
Significant strengths of the foundation include a fully independent board, with all members (10 out of 10) meeting the criteria for independence. The organization also exhibits a solid accountability framework, having no issues with material diversion of assets and maintaining a conflict of interest policy. Furthermore, the foundation's program expense ratio stands at an impressive 81.31%, signifying that a substantial portion of its budget directly supports its mission-related activities.
While the financial and governance aspects are strong, there is no specific information on programmatic impact or community engagement in the current data. This aspect could provide a more comprehensive view of the foundation's effectiveness in achieving its goals beyond financial metrics. Overall, the East Texas Symphony Orchestra Foundation appears to be well-managed and accountable, making it a reliable choice for potential donors.
This AI summary has been generated from information found on Charity Navigator.
Is East Texas Symphony Orchestra Foundation legitimate?
East Texas Symphony Orchestra Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. East Texas Symphony Orchestra 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
What is the mission statement of East Texas Symphony Orchestra Foundation?
The East Texas Symphony Orchestra Foundation's mission is centered around supporting the musical programs of the East Texas Symphony Orchestra Association. In essence, their primary goal is to foster an appreciation for classical music. They accomplish this by backing the presentation of concerts and related activities, aiming to promote and develop interest in this musical genre.
Who is the CEO of East Texas Symphony Orchestra Foundation?
William H Bundy is the Chairman of East Texas Symphony Orchestra Foundation.
What is the revenue of East Texas Symphony Orchestra Foundation?
East Texas Symphony Orchestra Foundation's revenue in 2023 was $156,605.
Who are the executives of East Texas Symphony Orchestra Foundation and what are their salaries?
Here are 9 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for East Texas Symphony Orchestra Foundation?
East Texas Symphony Orchestra Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of East Texas Symphony Orchestra Foundation
The East Texas Symphony Orchestra Foundation is dedicated to supporting the musical programs of the East Texas Symphony Orchestra Association. In essence, their mission is to foster an appreciation for classical music in the community by sponsoring concerts and related activities. By doing so, they aim to develop and promote the art form, thereby enriching the cultural landscape.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
The East Texas Symphony Orchestra Foundation significantly enhances the cultural landscape of East Texas by fostering an appreciation for classical music. Through its support of the East Texas Symphony Orchestra Association, it facilitates the presentation of concerts and related activities that enrich the community.
By providing vital resources and promoting musical programs, the foundation plays a crucial role in developing a deeper understanding and appreciation for classical music among diverse audiences. Its efforts not only contribute to the artistic growth of the region but also help to create a vibrant environment where music can thrive, bringing people together and enriching the local cultural fabric.
This information is meant to be a general summary of East Texas Symphony Orchestra 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $52,503
- Gross Receipts: $501,866
Assets and Liabilities:
- Total Assets: $2,081,202
- Total Liabilities: $80,884
- Net Assets: $2,000,318
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
1989
Phone
(903) 592-1427Principal Officer
William H Bundy
Main Address
PO BOX 6323, TYLER, TX, 75711
If you are a representative of East Texas Symphony Orchestra Foundation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.