Overview
What is Buffalo String Works Inc?
Buffalo String Works Inc, located at 341 Delaware Ave 2nd Floor, Buffalo, NY 14202, is a nonprofit organization dedicated to providing quality music instruction and performance opportunities to 100 refugee, immigrant, and historically marginalized youth in the city. Their mission is to deliver world-class music education, fostering personal and community transformation. They prioritize musical excellence while creating a supportive environment, cultivating curious, confident, and committed individuals. With a team of 29 employees, Buffalo String Works offers up to 6 hours of weekly instruction and multiple annual performance opportunities, aiming to make a positive impact on the lives of their students.
Official website here: www.buffalostringworks.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 92% (Four-Star out of Four Stars)
Buffalo String Works Inc has earned a prominent Four-Star rating from Charity Navigator, reflecting its strong commitment to accountability and financial health. With a perfect score of 100% for independent board members and a high program expense ratio of 79.59%, the organization demonstrates effective financial management and a focus on its mission.
The charity has also been recognized for its policies and governance structure, scoring full marks in various areas such as conflict of interest and whistleblower policies. Additionally, it has maintained a solid liabilities to assets ratio of 22.70%, indicating a stable financial position with manageable obligations compared to its assets.
While the overall score is solely based on accountability and finance, the absence of any material diversion of assets underscores Buffalo String Works' integrity in handling resources. This strong performance assures donors of the organization's responsible stewardship and dedication to serving its community through music education initiatives.
This AI summary has been generated from information found on Charity Navigator.
Is Buffalo String Works Inc legitimate?
Buffalo String Works Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Buffalo String Works 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: $0
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Other Salaries and Wages: $598,079
For more financial information, click here
Official website here: www.buffalostringworks.org
What is the mission statement of Buffalo String Works Inc?
Buffalo String Works Inc's mission is centered around delivering exceptional music education to a diverse group of youth, primarily refugees, immigrants, and historically marginalized individuals. This mission aims to inspire personal and community transformation. The organization provides rigorous music instruction, offering up to six hours of high-quality lessons each week, and numerous performance opportunities annually. While promoting musical excellence, Buffalo String Works also strives to create a nurturing environment that fosters the development of its students into curious, confident, and committed individuals.
Official website here: www.buffalostringworks.org
Who is the CEO of Buffalo String Works Inc?
James Sampson is the Chair Commun of Buffalo String Works Inc.
Official website here: www.buffalostringworks.org
What is the revenue of Buffalo String Works Inc?
Buffalo String Works Inc's revenue in 2023 was $995,254.
Official website here: www.buffalostringworks.org
Who are the executives of Buffalo String Works Inc and what are their salaries?
The average compensation at Buffalo String Works Inc during 2023 was $20,623. There are 29 employees at Buffalo String Works Inc.
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Official website here: www.buffalostringworks.org
Where can I find the form 990 for Buffalo String Works Inc?
Buffalo String Works Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.buffalostringworks.org
Learn more at the official website: www.buffalostringworks.org
Mission Statement of Buffalo String Works Inc
Buffalo String Works Inc, a nonprofit organization, is dedicated to delivering exceptional music education to a diverse group of youth who are refugees, immigrants, and historically marginalized individuals in Buffalo, New York. Their mission is to inspire personal and community transformation through world-class music instruction. The organization provides its students with up to six hours of rigorous music instruction each week, coupled with numerous performance opportunities annually. Beyond fostering musical excellence, Buffalo String Works Inc strives to create a supportive environment that nurtures the development of its students into curious, confident, and committed individuals.
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Impact
July, 2024
Buffalo String Works Inc's impact can be seen through its provision of rigorous music instruction and a creative home for 100 refugee, immigrant, and historically marginalized youth in the city of Buffalo, NY. By offering up to 6 hours of high-quality music instruction each week and multiple performance opportunities each year, Buffalo String Works not only prioritizes musical excellence but also aims to cultivate a positive space that supports students' development into curious, confident, and committed individuals. Their mission to deliver world-class music education to diverse youth inspires personal and community transformation.
This information is meant to be a general summary of Buffalo String Works 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 2023.
- Program Service Revenue: $35,952
- Gross Receipts: $995,254
Assets and Liabilities:
- Total Assets: $779,817
- Total Liabilities: $177,088
- Net Assets: $602,729
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MUSIC EDUCATION
Revenue
$35,952
Organization Details
Founding Year
2015
Phone
(716) 238-0328Principal Officer
James Sampson
Main Address
341 DELAWARE AVE 2ND FLOOR, BUFFALO, NY, 14202
Website
www.buffalostringworks.orgNTEE Category
Code: A25 - Arts
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