Overview
What is Baltimore Symphony Endowment Trust?
The Baltimore Symphony Endowment Trust is a supporting organization, based in Baltimore, Maryland, specifically at 1212 Cathedral Street, with a postal code 21201. Its primary mission is to bolster the Baltimore Symphony Orchestra, Inc. (BSO), in achieving its objectives. The Endowment Trust's depreciation expense pertains to assets employed by the BSO for fulfilling its missions. This nonprofit organization serves as a vital component, contributing to the successful operation of the Baltimore Symphony Orchestra.
Is Baltimore Symphony Endowment Trust legitimate?
Baltimore Symphony Endowment Trust is a legitimate nonprofit organization registered as a 501(c)(3) entity. Baltimore Symphony Endowment Trust 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: $147,796
Professional Fundraising Fees: $0
Other Salaries and Wages: $107,582
For more financial information, click here
What is the mission statement of Baltimore Symphony Endowment Trust?
The Baltimore Symphony Endowment Trust serves as a supporting organization for the Baltimore Symphony Orchestra (BSO). Its primary objective is to aid the BSO in achieving its missions. The endowment trust incurs depreciation expenses associated with assets utilized by the BSO in furthering its objectives. Essentially, the Baltimore Symphony Endowment Trust exists to bolster the Baltimore Symphony Orchestra's missions and initiatives.
Who is the CEO of Baltimore Symphony Endowment Trust?
Mr Peter Kjome is the CEO of Baltimore Symphony Endowment Trust The CEO's salary of Baltimore Symphony Endowment Trust is $14,776 and their total compensation is $75,541.
What is the revenue of Baltimore Symphony Endowment Trust?
Baltimore Symphony Endowment Trust's revenue in 2023 was $7,990,830.
Who are the executives of Baltimore Symphony Endowment Trust and what are their salaries?
There 8 volunteers at Baltimore Symphony Endowment Trust.
Here are 13 key members and their salaries (Baltimore Symphony Endowment Trust's CEO's salary is $14,776 and their total compensation is $75,541):
- Compensation: $55,370
- Related: $221,484
- Other: $42,650
- 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
- Compensation: $12,563
- Related: $113,075
- Other: $11,182
- Compensation: $45,048
- Related: $135,148
- Other: $40,228
- Compensation: $14,776
- Related: $59,100
- Other: $1,665
Where can I find the form 990 for Baltimore Symphony Endowment Trust?
Baltimore Symphony Endowment Trust's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Baltimore Symphony Endowment Trust
The Baltimore Symphony Endowment Trust, as a supporting organization, is committed to assisting the Baltimore Symphony Orchestra (BSO) in achieving its missions. The Endowment Trust exists with a specific purpose: to cover the depreciation expenses associated with assets utilized by the BSO in furtherance of its objectives. By providing financial support, the Endowment Trust contributes to the BSO's ability to deliver on its mission, enriching the cultural landscape and providing musical experiences to its audience.
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Impact
October, 2024
The Baltimore Symphony Endowment Trust plays a vital role in bolstering the Baltimore Symphony Orchestra's ability to achieve its artistic and educational missions. By providing financial support, it ensures the orchestra has the necessary resources to produce high-quality performances, foster musical education, and engage with the community. This trust facilitates the management of assets that directly contribute to the orchestra's mission, allowing the BSO to focus on its creative and educational initiatives without the burden of financial constraints. The endowment ultimately enhances the cultural landscape of Baltimore, enriching the city's artistic offerings and educational outreach efforts. Through its strategic support, the Baltimore Symphony Endowment Trust strengthens the foundation of the BSO, ensuring its sustainability and impact for future generations.
This information is meant to be a general summary of Baltimore Symphony Endowment Trust. 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: $2,650,426
- Gross Receipts: $51,845,330
Assets and Liabilities:
- Total Assets: $88,796,004
- Total Liabilities: $3,909,302
- Net Assets: $84,886,702
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Organization Details
Founding Year
2006
Principal Officer
Mark C Hanson
NTEE Category
Code: B11 - Education
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