Overview
What is New Music Works?
New Music Works is a nonprofit organization situated in Santa Cruz, California, with a postal address at PO Box 2266. Their primary focus and mission revolve around presenting an annual series of chamber music performances, showcasing compositions from contemporary, living artists. This nonprofit organization's commitment extends to highlighting and promoting the works of modern composers, contributing to the rich diversity of the music world.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 77%, Three-Star out of Four Star Rating
New Music Works has received a solid Three-Star rating from Charity Navigator, indicating a respectable level of accountability and financial health. The rating is based entirely on their performance in the Accountability & Finance beacon, reflecting the organization’s commitment to transparency and effective financial management.
The organization showcases several strengths, notably its board governance, with 100% independent board members and a small size that allows for effective oversight. Furthermore, New Music Works reports no material diversion of assets, highlighting its integrity in managing resources. Additionally, the charity allocates an impressive 98.59% of its expenses directly to programs, demonstrating a strong focus on its mission.
While the overall score is positive, it is important to note that the rating is solely based on financial metrics, which may not capture other aspects such as programmatic impact or community engagement. Nonetheless, the strong financial ratios and governance practices suggest that New Music Works is managing its resources effectively to support its mission.
This AI summary has been generated from information found on Charity Navigator.
Is New Music Works legitimate?
New Music Works is a legitimate nonprofit organization registered as a 501(c)(3) entity. New Music Works 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: $14,300
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of New Music Works?
New Music Works, as an organization, focuses on delivering an annual concert series showcasing chamber music composed by contemporary artists. Their mission is centered around promoting these living composers and their works, contributing to the ongoing evolution of chamber music. By organizing these concerts, they aim to engage and educate audiences, fostering a deeper appreciation for modern compositions. The series serves as a platform for these talented artists, providing them with a space to share their creations and connect with music enthusiasts.
Who is the CEO of New Music Works?
Rico Saarni is the President of New Music Works.
What is the revenue of New Music Works?
New Music Works's revenue in 2022 was $48,830.
Who are the executives of New Music Works and what are their salaries?
Here are 8 key members and their salaries:
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Where can I find the form 990 for New Music Works?
New Music Works's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of New Music Works
New Music Works, as an organization, is dedicated to presenting an annual concert series showcasing chamber music composed by contemporary artists. Through this mission, the nonprofit aims to provide a platform for living composers, allowing their works to be heard and appreciated by a wider audience. By focusing on chamber music, New Music Works seeks to foster a sense of intimacy and interaction between the performers and the listeners, creating a unique and engaging musical experience. The organization's commitment to promoting contemporary composers and their works contributes to the ongoing evolution of the chamber music genre, ensuring it remains vibrant and relevant in the modern musical landscape.
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Impact
August, 2024
New Music Works has made a significant impact by providing an annual concert series of chamber music by living composers. Through their performances, they bring attention to contemporary composers and their works, contributing to the diversity and enrichment of the music scene in Santa Cruz, California. Their commitment to showcasing new and innovative music helps to expand the boundaries of the traditional chamber music genre and introduces audiences to fresh and artistic creations. Overall, New Music Works plays a vital role in promoting creativity and originality in the field of music, leaving a lasting impression on both performers and listeners.
This information is meant to be a general summary of New Music Works. 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: $127
- Program Service Revenue: $8,415
- Gross Receipts: $48,830
Assets and Liabilities:
- Total Assets: $41,412
- Total Liabilities: $0
- Net Assets: $41,412
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Event Sales
Revenue
$8,415
Organization Details
Founding Year
1997
Principal Officer
Rico Saarni
Main Address
PO Box 2266, Santa Cruz, CA, 95063
NTEE Category
Code: A69 - Arts
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