Overview
What is Imani Winds Foundation Inc?
Imani Winds Foundation Inc, based in New York City, is a nonprofit organization dedicated to chamber music. They offer various activities, including hosting festivals that provide coaching sessions, seminars on the music industry, collaborations with student composers, and performances. The foundation's mission lies in guiding the evolution of instrumental music by creating new compositions, mentoring emerging musicians and composers, and promoting the vibrant and evolving art form of classical music. With a team of five dedicated individuals, Imani Winds Foundation Inc plays a significant role in nurturing and showcasing classical music talent.
Official website here: www.imaniwinds.com/foundation
What are the reviews and ratings of this charity?
Charity Navigator Rating: 88% (Three-Star out of Four Star Rating)
Imani Winds Foundation Inc has received an 88% rating from Charity Navigator, indicating a strong performance in accountability and finance. The organization achieves this score entirely based on its accountability and finance practices, reflecting a commitment to transparency and responsible financial management. The high rating suggests that the foundation is effectively utilizing its resources to support its mission.
The foundation has demonstrated notable strengths, including a majority of independent board members and excellent financial statement reviews. With a program expense ratio of 76.87%, it shows that a significant portion of its funds is dedicated to its programs, which is a positive indicator for potential donors. Additionally, there are no issues reported regarding material diversion of assets, further enhancing its credibility.
However, there are a few limitations highlighted in the data. The foundation is missing a whistleblower policy and a document retention and destruction policy, which are important for governance and risk management. Despite these gaps, the overall accountability metrics suggest that Imani Winds Foundation Inc is a reputable organization committed to its mission and responsible in its financial practices.
This AI summary has been generated from information found on Charity Navigator.
Is Imani Winds Foundation Inc legitimate?
Imani Winds Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Imani Winds Foundation 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: $145,200
Professional Fundraising Fees: $0
Other Salaries and Wages: $220,300
For more financial information, click here
Official website here: www.imaniwinds.com/foundation
What is the mission statement of Imani Winds Foundation Inc?
The Imani Winds Foundation Inc, comprised of classical musicians, is dedicated to steering the trajectory of instrumental music. They achieve this by fostering the creation of new music, mentoring emerging musicians and composers, and advocating for the vibrant and evolving art form of classical music. The foundation's mission is realized through various activities, including organizing festivals offering chamber music coaching, hosting seminars on the music industry, collaborating with student composers, and presenting performances.
Official website here: www.imaniwinds.com/foundation
Who is the CEO of Imani Winds Foundation Inc?
Monica Ellis is the President of Imani Winds Foundation Inc.
Official website here: www.imaniwinds.com/foundation
What is the revenue of Imani Winds Foundation Inc?
Imani Winds Foundation Inc's revenue in 2022 was $662,340.
Official website here: www.imaniwinds.com/foundation
Who are the executives of Imani Winds Foundation Inc and what are their salaries?
The average compensation at Imani Winds Foundation Inc during 2022 was $73,100. There are 5 employees at Imani Winds Foundation Inc.
Here are 6 key members and their salaries:
- Compensation: $0
- Related: $72,600
- Other: $0
- Compensation: $0
- Related: $72,600
- 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
Official website here: www.imaniwinds.com/foundation
Where can I find the form 990 for Imani Winds Foundation Inc?
Imani Winds Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.imaniwinds.com/foundation
Learn more at the official website: www.imaniwinds.com/foundation
Mission Statement of Imani Winds Foundation Inc
The Imani Winds Foundation Inc, a collective of classical musicians, is dedicated to steering the trajectory of instrumental music. They achieve this by fostering the creation of new music, nurturing emerging musicians and composers, and advocating for the evolving art form of classical music. By guiding this living, expanding art form, the foundation aims to contribute significantly to the world of instrumental music.
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Impact
July, 2024
Imani Winds Foundation Inc has made a significant impact in the world of classical music by guiding the direction of instrumental music through the creation of new music, mentorship of burgeoning musicians and composers, and promoting the living, expanding art form of classical music. Their festivals provide chamber music coaching, seminars on the business of music, collaboration with student composers, and performances, all aimed at nurturing the next generation of classical musicians and furthering the evolution of the genre. Based in New York, Imani Winds Foundation Inc plays a vital role in shaping the future of classical music.
This information is meant to be a general summary of Imani Winds Foundation 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 2022.
- Program Service Revenue: $478,309
- Gross Receipts: $662,340
Assets and Liabilities:
- Total Assets: $176,358
- Total Liabilities: $9,699
- Net Assets: $166,659
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM SERVICES
Revenue
$472,886
MERCHANDISE SALES
Revenue
$5,423
Organization Details
Founding Year
2018
Phone
(646) 342-8566Principal Officer
Monica Ellis
Main Address
123 W 128TH ST APT 1, NEW YORK, NY, 10027
NTEE Category
Code: A69 - Arts
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