Overview
What is B H Music Center?
The B H Music Center, located in Seattle, Washington, serves as a vibrant hub for artistic and cultural events. As a nonprofit organization, its primary mission is to preserve and safeguard Benaroya Hall, a renowned concert venue. This hall is not only home to the Seattle Symphony Orchestra but also serves as a stage for various musical performances, public meetings, and events hosted by diverse artistic and community groups. With a dedicated workforce of six individuals, the B H Music Center plays a crucial role in fostering the region's performing arts scene, maintaining three auditoriums and gallery space for the community's enjoyment.
Official website here: www.benaroyahall.org
What are the reviews and ratings of this charity?
Charity Navigator Rating 95% - Four-Star out of Four Star rating
B H Music Center has received a Four-Star rating from Charity Navigator, indicating a high level of accountability and financial health. The charity's overall score is derived solely from its Accountability & Finance score, where it achieved an impressive 95%. This score reflects the organization's strong governance practices, including a fully independent board and the absence of any material diversions of assets.
The nonprofit demonstrates excellent financial management, with a program expense ratio of 93.10%, meaning the vast majority of its funds are directed toward its mission. Furthermore, it exhibits exceptional fundraising efficiency, with a cost of only $0.02 to raise each dollar, which highlights its effectiveness in generating support with minimal overhead. The long working capital ratio of 9.30 years suggests strong financial stability.
Although the rating is high and the organization shows no significant limitations in accountability measures or financial management, it is always beneficial for donors to continue monitoring any future developments or changes within the organization. Overall, B H Music Center stands out as a well-managed nonprofit dedicated to its mission.
This AI summary has been generated from information found on Charity Navigator.
Is B H Music Center legitimate?
B H Music Center is a legitimate nonprofit organization registered as a 501(c)(3) entity. B H Music Center 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: $469,893
For more financial information, click here
Official website here: www.benaroyahall.org
What is the mission statement of B H Music Center?
The mission of B H Music Center is centered around preserving and safeguarding Benaroya Hall, serving as a concert venue for the Seattle Symphony Orchestra and various arts and cultural organizations in the region. The center maintains a concert hall consisting of three auditoriums and gallery space, providing a platform for the Seattle Symphony Orchestra and local performing arts groups, as well as hosting events by diverse community organizations and artists. Its primary objective is to ensure the continued operation of Benaroya Hall as a vital cultural hub for musical performances, public meetings, and community events.
Official website here: www.benaroyahall.org
Who is the CEO of B H Music Center?
Leslie Jackson Chihuly is the Chair of B H Music Center. The CEO's salary of B H Music Center is $0 and their total compensation is $618,787.
Official website here: www.benaroyahall.org
What is the revenue of B H Music Center?
B H Music Center's revenue in 2022 was $2,437,991.
Official website here: www.benaroyahall.org
Who are the executives of B H Music Center and what are their salaries?
The average compensation at B H Music Center during 2022 was $78,316. There are 6 employees and 10 volunteers at B H Music Center.
Here are 13 key members and their salaries (B H Music Center's CEO's salary is $0 and their total compensation is $618,787):
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- Related: $571,322
- Other: $47,465
- Compensation: $0
- Related: $238,688
- Other: $47,364
- Compensation: $108,036
- Related: $0
- Other: $34,937
Official website here: www.benaroyahall.org
Where can I find the form 990 for B H Music Center?
B H Music Center's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.benaroyahall.org
Learn more at the official website: www.benaroyahall.org
Mission Statement of B H Music Center
B H Music Center, a vital organization, is dedicated to preserving and safeguarding Benaroya Hall for the Seattle Symphony Orchestra and various arts and cultural entities. Its primary mission is to maintain a concert hall comprising three auditoriums and gallery space within this venue. This hall serves as a sanctuary for the Seattle Symphony Orchestra, hosting their performances, while also acting as a versatile venue for musical events, public meetings, and gatherings organized by other artistic and community groups. By upholding and enhancing the quality of this concert hall, B H Music Center contributes significantly to the rich cultural landscape of the region.
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Impact
July, 2024
The impact of B H Music Center, operating under the name of Benaroya Hall, is significant in the Seattle community and beyond. As a premier concert hall for the Seattle Symphony Orchestra and other artistic and community groups, Benaroya Hall serves as a cultural hub, providing a platform for musical performances, public meetings, and events that enrich the arts scene in the region. Through its dedication to preserving and protecting this esteemed venue, B H Music Center contributes to the vibrancy and diversity of the arts landscape, offering a space for artists to showcase their talents and for audiences to enjoy world-class performances. Additionally, by maintaining a facility that houses three auditoriums and gallery space, B H Music Center facilitates collaborations and creative exchanges among various performing arts and community groups, fostering a sense of community and cultural appreciation. In summary, B H Music Center's impact is felt through its commitment to supporting the arts and providing a dynamic space for artistic expression and engagement in Seattle and beyond.
This information is meant to be a general summary of B H Music Center. 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: $135,731
- Program Service Revenue: $1,582,051
- Gross Receipts: $3,723,325
Assets and Liabilities:
- Total Assets: $54,153,096
- Total Liabilities: $3,218,842
- Net Assets: $50,934,254
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
HALL USAGE FEES
Revenue
$891,851
MAINTENANCE AGREEMENT
Revenue
$690,200
Organization Details
Founding Year
1998
Phone
(206) 215-4700Principal Officer
Leslie Jackson Chihuly
Main Address
PO BOX 21669, SEATTLE, WA, 98111
Website
www.benaroyahall.orgNTEE Category
Code: A610 - Arts
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