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Penn Square Music Festival

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 813607634 ✦ Lancaster, PA ✦ Designated as a 501(c)(3)

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Overview

What is Penn Square Music Festival?

Penn Square Music Festival is a nonprofit organization situated in Lancaster, Pennsylvania. With a compact team of two individuals, the festival offers a unique platform for emerging artists, providing them with professional performance and training opportunities in a nurturing environment. The primary mission of this organization is to entertain Lancaster audiences and the surrounding region with high-quality opera and musical theatre performances. The festival's activities encompass various expenses, including grant expenses, utilities, dues and subscriptions, audition expenses, and miscellaneous costs, ensuring the continuity of its operations and programs.

Is Penn Square Music Festival legitimate?

Penn Square Music Festival is a legitimate nonprofit organization registered as a 501(c)(3) entity. Penn Square Music Festival 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: $9,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $55,693

For more financial information, click here

What is the mission statement of Penn Square Music Festival?

The Penn Square Music Festival's mission is centered around providing a nurturing and supportive environment for talented artists at the beginning of their careers, offering them professional performance and training opportunities. Additionally, the festival aims to bring high-quality opera and musical theatre performances to audiences in Lancaster and the surrounding region. This initiative serves to showcase emerging talent and enrich the cultural landscape, fostering appreciation for these art forms.

Who is the CEO of Penn Square Music Festival?

Scott Drackley is the Artistic Dir of Penn Square Music Festival.

What is the revenue of Penn Square Music Festival?

Penn Square Music Festival's revenue in 2022 was $224,259.

Who are the executives of Penn Square Music Festival and what are their salaries?

The average compensation at Penn Square Music Festival during 2022 was $32,346. There are 2 employees at Penn Square Music Festival.


Here are 5 key members and their salaries:


Scott Drackley (Artistic Dir)
  • Compensation: $9,000
  • Related: $0
  • Other: $0
Phyllis Drackley (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carolyn Moody (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Susan Nichols (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kathy Seaber (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Penn Square Music Festival?

Penn Square Music Festival's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Penn Square Music Festival

Penn Square Music Festival, a renowned organization, is committed to providing professional performance and training opportunities for talented artists at the beginning of their careers. This is done in a nurturing and supportive atmosphere, aiming to foster their growth. Furthermore, the festival seeks to bring professional performances of opera and musical theatre to Lancaster audiences and the wider region, enriching the cultural landscape. By offering a platform for emerging artists and engaging the local community, Penn Square Music Festival plays a significant role in nurturing talent and enriching the artistic landscape.

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Impact




October, 2024

The Penn Square Music Festival significantly enriches the cultural landscape of Lancaster, PA, by fostering young talent in the performing arts. It creates a nurturing and supportive environment where emerging artists can hone their skills through professional performance and training opportunities. This initiative not only helps to launch the careers of these talented individuals but also elevates the local arts scene by bringing high-quality opera and musical theatre performances to the community.

By hosting these performances, the festival plays a crucial role in making professional arts accessible to Lancaster audiences and the surrounding region. This infusion of artistic talent and entertainment enhances the community’s cultural offerings, attracts visitors, and promotes a greater appreciation for the performing arts. Through its commitment to both artists and audiences, the Penn Square Music Festival serves as a vital connector between emerging performers and the broader community, leaving a lasting impact on the artistic vibrancy of the area.




This information is meant to be a general summary of Penn Square Music Festival. 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.

Revenue
$224,259 (2022)
Expenses
$258,906 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $58
  • Program Service Revenue: $70,326
  • Gross Receipts: $224,259

Assets and Liabilities:

  • Total Assets: $80,287
  • Total Liabilities: $126,765
  • Net Assets: -$46,478

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

TUITION

Revenue

$55,807

TICKET SALES

Revenue

$14,519

Organization Details

Principal Officer

Scott Drackley

Main Address

PO BOX 11265, LANCASTER, PA, 17605

NTEE Category

Code: A68 - Arts

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