Overview
What is Seattle Symphony Orchestra Inc?
Seattle Symphony Orchestra Inc, situated in Seattle, WA, is a renowned orchestra organization that has gained national and international recognition for its innovative programming and extensive recording history. The symphony returned to live performances in the 2021-2022 season after a pandemic hiatus, with over 139,000 people attending in person. Although attendance is not yet at pre-pandemic levels, it continues to gradually increase. Additionally, streaming services were made available to subscribers and single concert-goers for remote viewing. The symphony expanded its reach by providing streaming services to other artistic organizations and community group events held at Benaroya Hall. The Seattle Symphony unleashes the power of music, brings people together, and uplifts the human spirit, with a mission to present symphonic music of the highest caliber to the community for their cultural enrichment, education, engagement, and enjoyment. With a workforce of 343 employees, the organization continues to thrive and touch the lives of its audience.
Official website here: www.seattlesymphony.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 84% (Three-Star out of Four Stars)
Seattle Symphony Orchestra Inc holds a solid Three-Star rating from Charity Navigator, indicating a commendable level of accountability and financial health. With a high score of 93% in Accountability & Finance, the organization demonstrates effective management practices, including a fully independent board and strong oversight of financial operations. Their program expense ratio also reflects a commitment to using funds efficiently, with 76.20% allocated directly towards programs.
Strengths of the organization include comprehensive policies in place for conflict of interest, whistleblower protections, and document retention, which all received top marks. Additionally, their engagement with the community is exemplary, evidenced by perfect scores in feedback collection and usage. This commitment to transparency and community involvement suggests a strong organizational culture.
While the organization excels in financial and operational metrics, the low score in Culture & Community indicates that they may have opportunities for improvement in this area. Nonetheless, Seattle Symphony Orchestra Inc appears to be a well-managed nonprofit that prioritizes accountability and community engagement.
This AI summary has been generated from information found on Charity Navigator.
Is Seattle Symphony Orchestra Inc legitimate?
Seattle Symphony Orchestra Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Seattle Symphony 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: $2,003,662
Professional Fundraising Fees: $0
Other Salaries and Wages: $17,122,902
For more financial information, click here
Official website here: www.seattlesymphony.org
What is the mission statement of Seattle Symphony Orchestra Inc?
The Seattle Symphony Orchestra Inc is dedicated to presenting symphonic music of the highest quality in a distinctive way for the cultural enrichment, education, engagement, and enjoyment of the community. This renowned orchestra is known for its innovative programming and extensive recording history, making it one of America's leading orchestras. In the 2021-2022 season, the symphony welcomed back live performances, with over 139,000 people attending in person. Although attendance is not yet back to pre-pandemic levels, it is steadily increasing. The symphony also provided streaming services for subscribers and single concert goers, enabling remote access to programming. Additionally, the orchestra extended streaming services to other artistic organizations and community group events taking place in their venue.
Official website here: www.seattlesymphony.org
Who is the CEO of Seattle Symphony Orchestra Inc?
Krishna Thiagarajan is the CEO of Seattle Symphony Orchestra Inc The CEO's salary of Seattle Symphony Orchestra Inc is $482,796 and their total compensation is $530,720.
Official website here: www.seattlesymphony.org
What is the revenue of Seattle Symphony Orchestra Inc?
Seattle Symphony Orchestra Inc's revenue in 2023 was $31,257,219.
Official website here: www.seattlesymphony.org
Who are the executives of Seattle Symphony Orchestra Inc and what are their salaries?
The average compensation at Seattle Symphony Orchestra Inc during 2023 was $55,120. There are 347 employees and 319 volunteers at Seattle Symphony Orchestra Inc.
Here are 48 key members and their salaries (Seattle Symphony Orchestra Inc's CEO's salary is $482,796 and their total compensation is $530,720):
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Official website here: www.seattlesymphony.org
Where can I find the form 990 for Seattle Symphony Orchestra Inc?
Seattle Symphony Orchestra Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.seattlesymphony.org
Learn more at the official website: www.seattlesymphony.org
Mission Statement of Seattle Symphony Orchestra Inc
The Seattle Symphony Orchestra Inc, a renowned orchestra in the United States, is renowned for its innovative programming and extensive recording history. Its mission is to bring people together and uplift the human spirit by presenting symphonic music of the highest caliber in a distinctive manner. The organization's primary goal is to enrich, educate, engage, and entertain the community through the power of music.
The Seattle Symphony Orchestra's 2021-2022 season marked the return of live performances after the pandemic, with over 139,000 people attending in person. Although attendance hasn't reached pre-pandemic levels yet, it has been steadily increasing. In addition to in-person attendance, the orchestra provided streaming services to its subscribers and single concert-goers, allowing them to enjoy the programming remotely. This offering was not limited to the Seattle Symphony Orchestra's audience; it also extended to other artistic organizations and community group events taking place at Benaroya Hall. The orchestra's streaming services have become an essential addition, broadening its reach and impact.
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Impact
October, 2024
The Seattle Symphony Orchestra Inc. plays a transformative role in the community by unleashing the power of music to bring people together and elevate the human spirit. As one of America's leading orchestras, it is recognized for its innovative programming and extensive recording history, enhancing the cultural landscape of Seattle and beyond.
During the 2021-2022 season, the return of live performances marked a significant milestone, drawing over 139,619 attendees for in-person concerts as audiences began to reconnect after the pandemic. Although attendance levels are still recovering, they are on the rise, reflecting the community's growing enthusiasm for live orchestral music.
In addition to physical concerts, the Seattle Symphony adapted to changing circumstances by offering streaming services, ensuring that music remained accessible to those unable to attend in person. This initiative not only benefited subscribers and individual concertgoers but also provided support to other artistic organizations and community events held at Benaroya Hall, enhancing collaboration within the local arts scene.
Through its mission to present symphonic music of the highest quality in a distinctive manner, the symphony fosters cultural enrichment, education, engagement, and enjoyment among the diverse populations of Seattle, affirming its vital impact on the community.
This information is meant to be a general summary of Seattle Symphony 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: $294,453
- Program Service Revenue: $12,408,548
- Gross Receipts: $36,529,196
Assets and Liabilities:
- Total Assets: $21,537,269
- Total Liabilities: $11,726,212
- Net Assets: $9,811,057
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CONCERT REVENUE
Revenue
$10,518,242
SUPPORT SERVICE FEES
Revenue
$1,313,646
HALL USAGE FEE
Revenue
$476,660
MANAGEMENT FEE
Revenue
$100,000
Organization Details
Founding Year
1903
Principal Officer
Krishna Thiagarajan
Website
www.seattlesymphony.orgNTEE Category
Code: A690 - Arts
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