Overview
What is Santa Fe Pro Musica Inc?
Santa Fe Pro Musica Inc, based in Santa Fe, New Mexico, is a nonprofit organization dedicated to enriching the local community and the Southwest region with music. They achieve this by presenting innovative and traditional concerts through their Pro Musica Orchestra Series, String Quartet Series featuring internationally renowned quartets, and Baroque Ensemble concerts, including a Holiday Bach Festival. The organization also offers youth education programs, such as providing busing and concert experiences for students from private, public, and homeschools five times a year, masterclasses with distinguished artists, and an apprentice program with their professional orchestra. With a team of eight dedicated individuals, Santa Fe Pro Musica Inc strives to inspire and educate audiences of all ages through their passion for great music.
Official website here: www.sfpromusica.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73%, Two-Star out of Four Star rating
Santa Fe Pro Musica Inc has received a 73% rating from Charity Navigator, indicating a need for improvement in some accountability and financial aspects despite a solid overall score. The organization boasts a fully independent board, which is a strong point in governance, and demonstrates a commitment to transparency with well-audited financial statements. Additionally, their program expense ratio is quite favorable, showing that a significant portion of their funds is directed toward their programs.
However, the nonprofit has notable gaps in its policies, specifically the absence of a whistleblower policy and a document retention policy. These deficiencies, along with the missing tax forms on their website, contribute to a lower score in the accountability area. Furthermore, their liabilities to assets ratio suggests some financial risk that may warrant further attention.
Overall, while Santa Fe Pro Musica Inc shows positive attributes in governance and program spending, the lack of certain policies and financial management indicators reflects areas that could benefit from enhancement to build trust and ensure long-term sustainability.
This AI summary has been generated from information found on Charity Navigator.
Is Santa Fe Pro Musica Inc legitimate?
Santa Fe Pro Musica Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Santa Fe Pro Musica 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: $76,500
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.sfpromusica.org
What is the mission statement of Santa Fe Pro Musica Inc?
Santa Fe Pro Musica Inc's mission is centered around bringing together exceptional musicians to inspire and educate audiences of all ages. They achieve this goal through the performance of great music. Their approach encompasses compelling music, skilled musicians, and visionary programming, serving the community with music they love. Santa Fe Pro Musica Inc offers innovative and traditional music concerts, including their Pro Musica Orchestra Series, String Quartet Series featuring internationally touring quartets, and Baroque Ensemble Concerts, such as the Holiday Bach Festival. Moreover, they have a committed focus on youth education, providing busing, concert experiences, masterclasses with renowned artists, and an apprentice program with their professional orchestra, five times a year, to engage and nurture young music enthusiasts.
Official website here: www.sfpromusica.org
Who is the CEO of Santa Fe Pro Musica Inc?
Tim Terell is the President of Santa Fe Pro Musica Inc.
Official website here: www.sfpromusica.org
What is the revenue of Santa Fe Pro Musica Inc?
Santa Fe Pro Musica Inc's revenue in 2022 was $1,133,269.
Official website here: www.sfpromusica.org
Who are the executives of Santa Fe Pro Musica Inc and what are their salaries?
The average compensation at Santa Fe Pro Musica Inc during 2022 was $9,562. There are 8 employees and 39 volunteers at Santa Fe Pro Musica Inc.
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Official website here: www.sfpromusica.org
Where can I find the form 990 for Santa Fe Pro Musica Inc?
Santa Fe Pro Musica Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.sfpromusica.org
Learn more at the official website: www.sfpromusica.org
Mission Statement of Santa Fe Pro Musica Inc
Santa Fe Pro Musica Inc, a renowned organization, brings together distinguished musicians to inspire and educate audiences of all ages. They achieve this through the performance of great music. The mission of Santa Fe Pro Musica Inc is to serve the people of its community and the Southwest region with music they adore. They accomplish this by delivering innovative and traditional music concerts. Their offerings include the Pro Musica Orchestra Series, showcasing masterful musicians, and the String Quartet Series, featuring internationally touring quartets. Additionally, they host Baroque Ensemble Concerts, including a holiday Bach Festival. In terms of youth education, Santa Fe Pro Musica Inc provides busing and concert experiences for students from various educational backgrounds five times a year. They also offer masterclasses with internationally renowned artists and an apprentice program with their professional orchestra. In essence, Santa Fe Pro Musica Inc is dedicated to sharing the joy and enlightenment of music with diverse audiences, inspiring future generations to appreciate and engage with this art form.
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Impact
July, 2024
Santa Fe Pro Musica Inc impacts the Santa Fe and Southwest region by bringing together outstanding musicians to inspire and educate audiences of all ages through the performance of great music. Through compelling music, masterful musicians, and visionary programming, they serve the people of Santa Fe with music they love. The organization provides innovative and traditional music concerts through their Pro Musica Orchestra series, string quartet series featuring internationally touring quartets, and Baroque ensemble concerts including a holiday Bach festival. Additionally, their youth education programs offer bussing and concert experiences for students, masterclasses with renowned artists, and an apprentice program with their professional orchestra. By providing these opportunities, Santa Fe Pro Musica enriches the cultural landscape of the community and fosters a love for music in individuals of all ages.
This information is meant to be a general summary of Santa Fe Pro Musica 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.
- Investment Income: $133
- Program Service Revenue: $412,920
- Gross Receipts: $1,172,718
Assets and Liabilities:
- Total Assets: $775,997
- Total Liabilities: $291,230
- Net Assets: $484,767
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CONCERT TICKETS & RELA
Revenue
$412,920
Organization Details
Founding Year
1980
Phone
(505) 988-4640Principal Officer
Tim Terell
Main Address
PO BOX 2091, SANTA FE, NM, 87504
Website
www.sfpromusica.orgNTEE Category
Code: A6C0 - Arts
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