Overview
What is Music Associates Of Aspen Inc?
Music Associates of Aspen Inc is a nonprofit organization based in Aspen, Colorado, located at 225 Music School Road, ZIP code 81611. The primary mission of this organization is to provide intensive music education to students during an eight-week session. Through collaborative learning opportunities, students work alongside world-class artist faculty and performers to create transformative educational experiences. The Aspen Music Festival & School community upholds artistic integrity and fosters innovation, culminating in orchestral and chamber performances open to public audiences. The organization employs 124 individuals.
Official website here: www.aspenmusicfestival.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 95%, Four-Star out of Four Star Rating from Charity Navigator
Music Associates of Aspen Inc has received a commendable Four-Star rating, highlighting its strong performance in accountability and finance. The organization achieved a perfect score in various areas, including independent board governance and financial oversight. With 80% of its board members being independent and a comprehensive audit and oversight committee, the nonprofit demonstrates a high level of transparency and adherence to best practices.
The charity's financial metrics are impressive, with a program expense ratio of 77.56%, indicating that a significant portion of its budget is allocated directly towards its programs rather than administrative costs. Additionally, the fundraising efficiency ratio of $0.11 suggests that the organization is able to raise funds effectively while maintaining low costs. Its liabilities to assets ratio stands at an impressive 8.09%, reflecting sound financial health.
Overall, Music Associates of Aspen Inc appears to be well-managed and financially stable, adhering to essential policies like conflict of interest and whistleblower protections. These strengths contribute to its overall positive reputation in the nonprofit sector, with no significant limitations highlighted in the current evaluation.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Music Associates Of Aspen Inc?
94% of 292 reviewers on Facebook recommend Music Associates of Aspen Inc. Here is a summary of their reviews: Many attendees express their love for classical music and emphasize that this nonprofit provides a fantastic way to enjoy it.
Reviewers consistently highlight the quality of the performances and the enriching experiences offered by the organization. Participants feel that the nonprofit truly enhances their appreciation of classical music, making it a worthwhile investment of their time.
Overall, the sentiment surrounding Music Associates of Aspen reflects a strong satisfaction with its programming and a commitment to classical music. Those who engage with the nonprofit come away with positive experiences, eager to return for more.
This AI summary has been generated from reviews found on Facebook.
Is Music Associates Of Aspen Inc legitimate?
Music Associates Of Aspen Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Music Associates Of Aspen 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: $2,201,607
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,189,045
For more financial information, click here
Official website here: www.aspenmusicfestival.com
What is the mission statement of Music Associates Of Aspen Inc?
Music Associates of Aspen Inc fosters extraordinary educational experiences in music by gathering exceptional students, artist faculty, and performers. Their mission aims to create a vibrant community that upholds artistic integrity and innovation. During an eight-week session, students engage in transformative learning opportunities through orchestral and chamber performances, culminating in public presentations.
Official website here: www.aspenmusicfestival.com
Who is the CEO of Music Associates Of Aspen Inc?
Alan Fletcher is the CEO of Music Associates Of Aspen Inc The CEO's salary of Music Associates Of Aspen Inc is $560,847 and their total compensation is $589,221.
Official website here: www.aspenmusicfestival.com
What is the revenue of Music Associates Of Aspen Inc?
Music Associates Of Aspen Inc's revenue in 2024 was $38,581,566.
Official website here: www.aspenmusicfestival.com
Who are the executives of Music Associates Of Aspen Inc and what are their salaries?
The average compensation at Music Associates Of Aspen Inc during 2024 was $34,335. There are 157 employees and 30 volunteers at Music Associates Of Aspen Inc.
Here are 57 key members and their salaries (Music Associates Of Aspen Inc's CEO's salary is $560,847 and their total compensation is $589,221):
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- Compensation: $127,054
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- Other: $9,144
Official website here: www.aspenmusicfestival.com
Where can I find the form 990 for Music Associates Of Aspen Inc?
Music Associates Of Aspen Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.aspenmusicfestival.com
Learn more at the official website: www.aspenmusicfestival.com
Mission Statement of Music Associates Of Aspen Inc
Music Associates of Aspen, a renowned nonprofit organization, is dedicated to fostering transformative educational experiences in music. By gathering the finest music students, artist faculty, and performers, this esteemed institution creates an environment of artistic integrity and innovation. Through an intensive eight-week session, Music Associates of Aspen offers a unique platform for students to grow and learn, culminating in orchestral and chamber performances before captivated audiences. These experiences not only nurture talent but also inspire and broaden horizons, making a significant impact on the lives of those involved.
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Impact
October, 2024
Music Associates of Aspen Inc has a significant impact on the cultural and artistic community through the Aspen Music Festival & School. This initiative unites exceptional music students with renowned artist faculty and talented performers, fostering an environment of artistic integrity and innovation.
During an intense eight-week session, students engage in transformative educational experiences that combine rigorous training with vibrant performances. The program includes orchestral and chamber music performances, providing students with invaluable opportunities to showcase their skills before public audiences. This immersion not only enhances the students' musical abilities but also contributes to the cultural vibrancy of the Aspen community, enriching the local arts scene and inspiring future generations of musicians.
This information is meant to be a general summary of Music Associates Of Aspen 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 2024.
- Investment Income: $2,475,121
- Program Service Revenue: $7,551,968
- Gross Receipts: $79,054,466
Assets and Liabilities:
- Total Assets: $107,953,322
- Total Liabilities: $9,957,945
- Net Assets: $97,995,377
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
STUDENT FEES
Revenue
$5,209,795
TICKET SALES
Revenue
$1,733,617
OUTREACH
Revenue
$332,756
PROGRAM ADVERTISING
Revenue
$225,121
CONCESSIONS & TAPE SAL
Revenue
$50,679
Organization Details
Founding Year
1954
Principal Officer
Alan Fletcher
Website
www.aspenmusicfestival.comNTEE Category
Code: A6E0 - Arts
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