Overview
What is Reno Philharmonic Endowment Trust?
The Reno Philharmonic Endowment Trust is a charitable organization, headquartered at 925 Riverside Drive No 3, Reno, Nevada 89503. Its primary purpose is to raise funds and contributions from donors, which are then invested and reinvested for future growth. The main objective of these investments is to provide financial support to the Reno Philharmonic Association, Inc., an organization that promotes and encourages classical music and orchestral performances in the Reno area. The Trust plays a vital role in upholding and fostering the musical heritage of the community by providing financial aid to the Reno Philharmonic Association.
Is Reno Philharmonic Endowment Trust legitimate?
Reno Philharmonic Endowment Trust is a legitimate nonprofit organization registered as a 501(c)(3) entity. Reno Philharmonic Endowment Trust 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Reno Philharmonic Endowment Trust?
The Reno Philharmonic Endowment Trust's mission is centered around supporting the Reno Philharmonic Association, Inc. Specifically, the trust engages in three main activities. Firstly, it solicits and accepts contributions from donors. Secondly, it invests and reinvestes the funds to grow its resources. Lastly, it makes distributions from these funds to support the Reno Philharmonic Association, Inc. Essentially, the trust's role is to provide financial backing to ensure the continuation and success of the philharmonic association.
Who is the CEO of Reno Philharmonic Endowment Trust?
Charlotte Mcconnell is the Chair of Reno Philharmonic Endowment Trust. The CEO's salary of Reno Philharmonic Endowment Trust is $0 and their total compensation is $14,500.
What is the revenue of Reno Philharmonic Endowment Trust?
Reno Philharmonic Endowment Trust's revenue in 2022 was $672,406.
Who are the executives of Reno Philharmonic Endowment Trust and what are their salaries?
There 5 volunteers at Reno Philharmonic Endowment Trust.
Here are 7 key members and their salaries (Reno Philharmonic Endowment Trust's CEO's salary is $0 and their total compensation is $14,500):
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- Related: $0
- Other: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $14,500
- Other: $0
- Compensation: $0
- Related: $109,689
- Other: $12,229
Where can I find the form 990 for Reno Philharmonic Endowment Trust?
Reno Philharmonic Endowment Trust's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Reno Philharmonic Endowment Trust
The Reno Philharmonic Endowment Trust, as a nonprofit entity, is committed to supporting the Reno Philharmonic Association, Inc. In line with this mission, the trust engages in various activities aimed at achieving this goal. Primarily, it solicits and accepts donations and contributions from generous donors. Beyond this, the trust also invests and reinvestments its funds, ensuring their growth and sustainability. Lastly, the Reno Philharmonic Endowment Trust distributes these funds to the Reno Philharmonic Association, Inc., thereby directly contributing to its operations and upholding its mission. By performing these functions, the trust plays a vital role in supporting the philharmonic association and promoting the arts in its community.
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Impact
October, 2024
The Reno Philharmonic Endowment Trust plays a vital role in strengthening the musical landscape of Reno, Nevada, by providing essential financial support to the Reno Philharmonic Association. Through its activities, the Trust solicits and accepts contributions from various donors, ensuring a steady influx of resources that enhance the Philharmonic's ability to deliver high-quality performances and educational programs.
The Trust's effective management of these funds allows for strategic investments, leading to a sustainable financial foundation that secures the future of the arts in the community. By making distributions to the Reno Philharmonic Association, the Endowment Trust directly impacts the organization’s capacity to present concerts, engage with the community, and nurture the next generation of musicians. Ultimately, the Trust’s commitment to fostering the arts enriches the cultural fabric of Reno and fosters a vibrant musical atmosphere for residents and visitors alike.
This information is meant to be a general summary of Reno Philharmonic Endowment Trust. 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: $264,793
- Gross Receipts: $1,313,676
Assets and Liabilities:
- Total Assets: $5,003,523
- Total Liabilities: $0
- Net Assets: $5,003,523
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Organization Details
Founding Year
1994
Phone
(775) 323-6393Principal Officer
Charlotte Mcconnell
Main Address
925 RIVERSIDE DR NO 3, RENO, NV, 89503
NTEE Category
Code: A69 - Arts
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