Overview
What is Reno Chamber Orchestra Inc?
Reno Chamber Orchestra Inc, situated in Reno, Nevada, is a distinguished nonprofit organization with a strong focus on music. Their primary mission is to offer orchestra concerts to the public, thereby fostering an appreciation for musical arts. With a regular programming schedule of approximately 10 performances, they strive to engage the community. Their 2022-2023 season experienced an uptick in ticket sales compared to the preceding season, yet they have yet to reach pre-pandemic levels. Employing a team of 88 individuals, Reno Chamber Orchestra Inc aims to provide an intimate and inspiring musical experience through vibrant performances by their chamber orchestra and chamber ensembles.
Official website here: www.renochamberorchestra.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 48% (Zero-Star out of Four Star rating)
The Reno Chamber Orchestra Inc has received a low rating of 48%, indicating significant concerns regarding its accountability and financial practices. While the organization boasts a fully independent board with 100% of its members independent, it has failed to meet key transparency standards, as evidenced by its lack of financial statements and missing essential policies regarding conflict of interest and whistleblower protections.
Strengths noted include the board's independence and a high percentage of program expenses relative to total expenses, which suggests a commitment to its mission. However, the absence of proper financial documentation and policies raises red flags about the organization's governance and operational integrity. The liabilities to assets ratio is alarmingly high at 98.09%, which may indicate financial instability.
Overall, while the Reno Chamber Orchestra has some organizational strengths, its significant shortcomings in financial accountability and transparency limit its effectiveness and raise concerns for potential donors and stakeholders. The lack of essential governance policies should prompt careful consideration before supporting the organization.
This AI summary has been generated from information found on Charity Navigator.
Is Reno Chamber Orchestra Inc legitimate?
Reno Chamber Orchestra Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Reno Chamber Orchestra 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: $62,615
Professional Fundraising Fees: $0
Other Salaries and Wages: $304,778
For more financial information, click here
Official website here: www.renochamberorchestra.org
What is the mission statement of Reno Chamber Orchestra Inc?
The Reno Chamber Orchestra Inc's mission is centered around providing engaging musical experiences for the community. They achieve this goal by presenting intimate and inspiring performances through their chamber orchestra and chamber ensembles. The organization aims to foster a connection with the community, encouraging an appreciation for classical music. During their 2022-2023 season, the Reno Chamber Orchestra saw an increase in ticket sales compared to the previous season, though sales have yet to return to pre-pandemic levels.
Official website here: www.renochamberorchestra.org
Who is the CEO of Reno Chamber Orchestra Inc?
Amy Heald is the President of Reno Chamber Orchestra Inc.
Official website here: www.renochamberorchestra.org
What is the revenue of Reno Chamber Orchestra Inc?
Reno Chamber Orchestra Inc's revenue in 2023 was $670,896.
Official website here: www.renochamberorchestra.org
Who are the executives of Reno Chamber Orchestra Inc and what are their salaries?
The average compensation at Reno Chamber Orchestra Inc during 2023 was $4,175. There are 88 employees and 58 volunteers at Reno Chamber Orchestra Inc.
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- Compensation: $50,764
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- Other: $2,801
Official website here: www.renochamberorchestra.org
Where can I find the form 990 for Reno Chamber Orchestra Inc?
Reno Chamber Orchestra Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.renochamberorchestra.org
Learn more at the official website: www.renochamberorchestra.org
Mission Statement of Reno Chamber Orchestra Inc
Reno Chamber Orchestra Inc, a renowned organization, is dedicated to delivering an orchestra experience to the public at large. Their primary mission is to create intimate and inspiring musical encounters by engaging the community through the vibrant performance of chamber orchestras and ensembles. By doing so, they aim to foster a deeper appreciation for the art of music.
The orchestra's activities are centered around providing concerts to the general public, with a typical season consisting of ten performances. The 2022-2023 season saw an uptick in ticket sales, marking a positive step towards recovering from the pandemic's impact. However, the sales have yet to reach pre-pandemic levels, indicating that there is still room for growth and continued support for the musical arts. Reno Chamber Orchestra Inc's commitment to music and community engagement makes it an integral part of the cultural landscape, offering a platform for both seasoned music lovers and those just beginning their journey with orchestral music.
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Impact
July, 2024
Reno Chamber Orchestra Inc, through its engaging and vibrant music-making, has a profound impact on the community by providing intimate and inspirational musical experiences to the general public. The organization's mission to promote awareness and appreciation for the musical arts is realized through its regular orchestral concerts and chamber ensemble performances, creating opportunities for audiences to immerse themselves in the beauty of live classical music. The increase in ticket sales for the 2022-2023 season indicates a growing interest and support for the orchestra's offerings, showcasing its ability to enrich the cultural landscape of Reno, NV and beyond.
This information is meant to be a general summary of Reno Chamber Orchestra 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 2023.
- Investment Income: $338
- Program Service Revenue: $126,500
- Gross Receipts: $684,552
Assets and Liabilities:
- Total Assets: $140,868
- Total Liabilities: $138,187
- Net Assets: $2,681
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Concert Ticket Sales
Revenue
$126,373
Organization Details
Founding Year
1975
Phone
(775) 348-9413Principal Officer
Amy Heald
Main Address
925 Riverside Drive 5, Reno, NV, 89503
Website
www.renochamberorchestra.orgNTEE Category
Code: A69Z - Arts
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