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Capital Region Classical Inc

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

EIN: 831925523 ✦ Albany, NY ✦ Designated as a 501(c)(3)

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Overview

What is Capital Region Classical Inc?

Capital Region Classical Inc, based in Albany, New York, is a nonprofit organization that brings world-renowned classical musicians to the community, fostering an intimate connection between performers and audiences. Their mission involves presenting and promoting chamber music performances by esteemed artists and talented young musicians, making this art form more accessible to the public. By producing inspiring world-class arts programming, they enrich the lives of thousands within the region and beyond. Capital Region Classical Inc is dedicated to breaking societal barriers, ensuring that diverse communities can afford to enjoy intimate musical experiences. Their goal is to use the values of collaboration, interdependence, and shared sacrifice in chamber music as models for a more egalitarian society.


Official website here: www.capialregionclassical.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 96% (Four-Star out of Four Stars)

Capital Region Classical Inc has received an impressive Four-Star rating from Charity Navigator, reflecting a high level of accountability and financial management. The organization's score is entirely derived from its Accountability & Finance metrics, showcasing its commitment to transparency and responsible financial stewardship. The charity's latest fiscal year, FY2023, has been marked by solid fiscal practices, highlighted by a low liabilities-to-assets ratio of 0.24%.

The organization demonstrates strong governance practices with 100% independent board members, which contributes to its effective oversight and decision-making process. Additionally, Capital Region Classical Inc has established comprehensive policies covering conflict of interest, whistleblower protections, and document retention, further reinforcing its commitment to ethical operations. The program expense ratio of 79.41% indicates that a substantial portion of its funds is allocated to its core mission programs.

While the financial health and governance practices are commendable, users have not reported feedback highlighting specific programmatic outcomes or impact, which could provide a deeper understanding of its effectiveness in achieving its mission. Overall, the charity's strong financial metrics and governance policies make it a trustworthy organization for potential donors and supporters.


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

Is Capital Region Classical Inc legitimate?

Capital Region Classical Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Capital Region Classical 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: $118,356
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.capialregionclassical.org

What is the mission statement of Capital Region Classical Inc?

Capital Region Classical Inc, often referred to as CRC, aims to foster a deeper connection with classical music among the public. They achieve this by organizing and promoting chamber music performances by renowned musicians and emerging talents. CRC's mission extends beyond entertainment, as they believe that the collaborative nature of chamber music, built on values like shared sacrifice and interdependence, can serve as a model for broader society. To make these experiences accessible, they design their concerts, events, and business models to cater to people from diverse backgrounds. Their goal is to contribute to a more egalitarian society where everyone can enjoy intimate musical experiences. Through their activities, CRC aims to provide world-class arts programming that is not readily available in the region, enriching the cultural landscape.


Official website here: www.capialregionclassical.org

Who is the CEO of Capital Region Classical Inc?

Thomas Murphy is the Art. Director of Capital Region Classical Inc.


Official website here: www.capialregionclassical.org

What is the revenue of Capital Region Classical Inc?

Capital Region Classical Inc's revenue in 2022 was $741,758.


Official website here: www.capialregionclassical.org

Who are the executives of Capital Region Classical Inc and what are their salaries?

The average compensation at Capital Region Classical Inc during 2022 was $118,356. There is 1 employee and 25 volunteers at Capital Region Classical Inc.


Here are 11 key members and their salaries:


Derek Delaney (Art. Director)
  • Compensation: $115,000
  • Related: $0
  • Other: $16,638
Thomas Murphy (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marion Roach Smith (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Bishop (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Quiara (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ellen-Deane Cummins (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jill Taylor (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Caroline Giassi (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Amy K White (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Margery Whiteman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sherley Hannay (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.capialregionclassical.org

Where can I find the form 990 for Capital Region Classical Inc?

Capital Region Classical Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.capialregionclassical.org

Learn more at the official website: www.capialregionclassical.org

Mission Statement of Capital Region Classical Inc

Capital Region Classical, or CRC, is dedicated to fostering a deeper connection between the public and classical music. They achieve this by presenting and promoting chamber music performances by renowned international musicians and emerging young artists. The organization's mission extends beyond mere entertainment, as they aim to make world-class arts programming accessible to the community. By doing so, CRC believes that the collaborative and interdependent nature of chamber music can serve as a model for broader society, promoting egalitarian values. The concerts, events, and business models designed by CRC are intended to be inclusive, allowing people from diverse backgrounds to afford intimate musical experiences.

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Impact




July, 2024

Capital Region Classical Inc's impact lies in its ability to bring world-class classical music performances to the Capital Region, creating intimate and inspiring experiences that deepen the public's connection to this art form. By presenting chamber music from internationally renowned musicians and talented young artists in easily-accessible community locations, CRC opens the doors to a genre of music that may not otherwise be readily available in the region.

Through their programming, CRC not only enriches the cultural landscape but also cultivates values of collaboration, interdependence, and shared sacrifice, which can serve as models for broader society. Their efforts to make these performances accessible to individuals from diverse backgrounds highlight their commitment to creating a more egalitarian society where everyone can enjoy the beauty of classical music.

Furthermore, by consistently bringing back celebrated musicians year after year, CRC has created a symbiotic relationship between performers and audiences, enhancing the overall musical experience for all involved. This continuous dedication to offering compelling performances by world-renowned artists ensures the perpetuation and development of the chamber music art form in the Capital Region and beyond.




This information is meant to be a general summary of Capital Region Classical 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
$741,758 (2022)
Expenses
$459,065 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $3,618
  • Program Service Revenue: $168,982
  • Gross Receipts: $741,758

Assets and Liabilities:

  • Total Assets: $766,872
  • Total Liabilities: $2,526
  • Net Assets: $764,346

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Programs

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

PERF & EVENTS- TANNERY

Revenue

$23,484

PERFORMANCES & EVENTS

Revenue

$115,703

PERFORMANCES & EVENTS-DEF

Revenue

$29,795

Organization Details

Founding Year

2018

Principal Officer

Thomas Murphy

Main Address

PO BOX 8716, ALBANY, NY, 12208

NTEE Category

Code: A68 - Arts

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