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Music Hall Arts Alliance Inc

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

EIN: 823612354 ✦ Albany, NY ✦ Designated as a 501(c)(3)

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Overview

What is Music Hall Arts Alliance Inc?

Music Hall Arts Alliance Inc, situated in Albany, New York, is a dedicated nonprofit organization. Its primary mission involves organizing family and community events at the Cohoes Music Hall, one of the oldest operating music halls in the United States. By presenting these events, the alliance supports local art and offers a platform for arts and education programs. Moreover, the organization is committed to preserving the historical building and contributing to the economy of the city of Cohoes. In essence, Music Hall Arts Alliance Inc serves as a cultural hub and economic booster in its community.


Official website here: www.thecohoesmusichall@org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 90%

Music Hall Arts Alliance Inc has earned a Four-Star out of Four Star rating from Charity Navigator, indicating a high level of accountability and financial health. The organization achieved this score based solely on its Accountability & Finance metrics, reflecting a strong commitment to transparency and responsible management of its resources. The rating signifies that donors can trust the organization to use contributions wisely.

The organization demonstrates exceptional governance practices, with a fully independent board and solid policies in place, including a conflict of interest policy and a whistleblower policy. Additionally, it has a strong program expense ratio of 97.37%, suggesting that the majority of its expenses are directed toward its mission rather than administrative costs. Its liabilities to assets ratio is also favorable, reinforcing its financial stability.

No significant limitations were noted in the data provided, highlighting the overall effectiveness of Music Hall Arts Alliance Inc in managing both its financial resources and governance. This strong performance suggests that the nonprofit is well-positioned to continue making a positive impact in its community.


This AI summary has been generated from information found on Charity Navigator.

Is Music Hall Arts Alliance Inc legitimate?

Music Hall Arts Alliance Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Music Hall Arts Alliance 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: $52,363
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.thecohoesmusichall@org

What is the mission statement of Music Hall Arts Alliance Inc?

The Music Hall Arts Alliance Inc is dedicated to presenting a variety of family and community events, serving as a platform for locally produced art and providing a venue for arts and education programs. Additionally, they are committed to preserving and maintaining this historic building, contributing to the city's economy. By hosting these events and supporting local artists, the Music Hall Arts Alliance Inc aims to enrich the cultural landscape and stimulate community engagement.


Official website here: www.thecohoesmusichall@org

Who is the CEO of Music Hall Arts Alliance Inc?

Georgette Steffens is the President of Music Hall Arts Alliance Inc.


Official website here: www.thecohoesmusichall@org

What is the revenue of Music Hall Arts Alliance Inc?

Music Hall Arts Alliance Inc's revenue in 2021 was $489,080.


Official website here: www.thecohoesmusichall@org

Who are the executives of Music Hall Arts Alliance Inc and what are their salaries?


Here are 4 key members and their salaries:


Holly Brown (Exective Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Laurie Ballard (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Crystal Moore (Sec)
  • Compensation: $0
  • Related: $0
  • Other: $0
Georgette Steffens (President)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.thecohoesmusichall@org

Where can I find the form 990 for Music Hall Arts Alliance Inc?

Music Hall Arts Alliance Inc's most recent form 990 was submitted in 2021 and can be accessed here.


Official website here: www.thecohoesmusichall@org

Learn more at the official website: www.thecohoesmusichall@org

Mission Statement of Music Hall Arts Alliance Inc

Music Hall Arts Alliance Inc, a prominent organization, is dedicated to presenting a variety of family and community events at the historic Cohoes Music Hall, which is the fourth oldest operating music hall in the United States. Beyond just events, this nonprofit aims to support locally produced art and offer a venue for arts and education programs. One of its significant responsibilities is preserving and maintaining the historic building, ensuring its longevity and integrity. Furthermore, Music Hall Arts Alliance Inc serves as an economic engine for the city of Cohoes, contributing to its growth and development.

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Impact




July, 2024

Music Hall Arts Alliance Inc's impact can be seen in its dedication to presenting family and community events at the Cohoes Music Hall, which is the 4th oldest operating music hall in the US. Additionally, the organization supports locally produced art and provides a venue for arts and educational programs. By maintaining and preserving the historic building, Music Hall Arts Alliance Inc not only contributes to the cultural heritage of the community but also serves as an economic engine for the city of Cohoes. In essence, their work enriches the local arts scene, fosters creativity, and drives economic growth in the area.




This information is meant to be a general summary of Music Hall Arts Alliance 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.

Revenue
$489,080 (2021)
Expenses
$163,099 (2021)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2021.

  • Program Service Revenue: $61,651
  • Gross Receipts: $489,080

Assets and Liabilities:

  • Total Assets: $394,209
  • Total Liabilities: $154,307
  • Net Assets: $239,902

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Programs

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

THEATER COLLECTIONS
TICKET REVENUE

Revenue

$61,651

Organization Details

Founding Year

2017

Principal Officer

Georgette Steffens

Main Address

111 PINE ST STE 2E, ALBANY, NY, 12207

NTEE Category

Code: A65 - Arts

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