Overview
What is Sacramento Region Performing Arts Alliance?
The Sacramento Region Performing Arts Alliance is a nonprofit organization situated in Sacramento, California. Its primary objective is to foster community engagement and instill a passion for the performing arts, ultimately enriching lives through music. In the recent past, the alliance, notably its Sacramento Philharmonic & Opera, successfully resumed live, in-person performances following COVID-19-related constraints in the previous fiscal year. The 2021-22 season saw the return to the Safe Credit Union Performing Arts Center (SAFE PAC), where the alliance carried out a seven-concert series including performances of Saint-Saëns, Mozart, A Baroque Christmas, Beethoven, Valentine's Weekend Opera Favorites, Rachmaninoff, and The Barber of Seville. The alliance's mission is not only limited to live performances but also includes community engagement initiatives that inspire, enrich, and excite the local community. With a dedicated workforce of 181 individuals, the Sacramento Region Performing Arts Alliance continues to play a significant role in the cultural landscape of the region.
Official website here: www.sacphilopera.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 95% (Four-Star out of Four Star rating).
The Sacramento Region Performing Arts Alliance has received high marks for its accountability and finance practices, achieving a 95% overall score. This strong rating reflects the organization's commitment to transparency, with 100% of its board members being independent and clear policies in place regarding conflict of interest and whistleblower protections. The organization also demonstrates effective oversight with thorough audits and document retention practices.
Strengths highlighted include a remarkably high program expense ratio of 78.97%, indicating that a significant portion of its funding directly supports its programs. Additionally, the fundraising efficiency is commendable, with only $0.18 spent to raise each dollar, showcasing its ability to generate funds effectively while keeping costs low. The organization's liabilities to assets ratio further indicates a healthy financial status, suggesting prudent management of resources.
However, the working capital ratio of 0.47 years may suggest that the organization could benefit from improving its short-term financial flexibility. While the current financial metrics are robust, ensuring sufficient working capital could enhance resilience against unexpected expenses or funding fluctuations. Overall, the Sacramento Region Performing Arts Alliance exemplifies strong governance and financial health, making it a reliable nonprofit in the performing arts sector.
This AI summary has been generated from information found on Charity Navigator.
Is Sacramento Region Performing Arts Alliance legitimate?
Sacramento Region Performing Arts Alliance is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sacramento Region Performing Arts Alliance 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: $177,094
Professional Fundraising Fees: $86,956
Other Salaries and Wages: $900,124
For more financial information, click here
Official website here: www.sacphilopera.org
What is the mission statement of Sacramento Region Performing Arts Alliance?
The Sacramento Region Performing Arts Alliance's mission is centered around fostering community, cultivating a passion for the performing arts, and enriching lives through music. This mission is executed through live professional performances and community engagement initiatives that inspire, enrich, and excite the community.
In the recent past, the Sacramento Philharmonic & Opera successfully returned to live, in-person performances, following its absence in the 2020-21 fiscal year due to the COVID-19 pandemic. In the 2021-22 season, the organization carried out its seven-concert season at the Safe Credit Union Performing Arts Center (SAFE PAC), including performances of Saint-Saëns' "Thunderous Organ Symphony," Mozart's works, and Beethoven's "Emperor Concerto," among others.
By providing live performances and community engagement opportunities, the Sacramento Region Performing Arts Alliance seeks to engage and inspire its community, fostering a love for the performing arts and enriching lives through music.
Official website here: www.sacphilopera.org
Who is the CEO of Sacramento Region Performing Arts Alliance?
Giuliano Kornberg is the President of Sacramento Region Performing Arts Alliance.
Official website here: www.sacphilopera.org
What is the revenue of Sacramento Region Performing Arts Alliance?
Sacramento Region Performing Arts Alliance's revenue in 2022 was $2,472,713.
Official website here: www.sacphilopera.org
Who are the executives of Sacramento Region Performing Arts Alliance and what are their salaries?
The average compensation at Sacramento Region Performing Arts Alliance during 2022 was $5,951. There are 181 employees and 16 volunteers at Sacramento Region Performing Arts Alliance.
Here are 18 key members and their salaries:
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- Other: $5,777
Official website here: www.sacphilopera.org
Where can I find the form 990 for Sacramento Region Performing Arts Alliance?
Sacramento Region Performing Arts Alliance's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.sacphilopera.org
Learn more at the official website: www.sacphilopera.org
Mission Statement of Sacramento Region Performing Arts Alliance
The Sacramento Region Performing Arts Alliance, a nonprofit organization, is dedicated to building community, fostering a love for the performing arts, and enriching lives through music. This mission is executed through live professional performances and community engagement initiatives that inspire, enrich, and excite the community.
In pursuit of this mission, the Sacramento Philharmonic & Opera, a key component of the alliance, successfully returned to live, in-person performances after a hiatus due to the COVID-19 pandemic. In the 2021-22 season, the Sacramento Philharmonic & Opera performed at the Safe Credit Union Performing Arts Center (SAFE PAC), carrying out its seven-concert season. The season included performances such as "Saint-Saens Thundering Organ Symphony" at Memorial Auditorium, Kahane Plays and Conducts Mozart at the SAFE PAC, A Baroque Christmas, Beethoven's Emperor Concerto, Valentine's Weekend Opera Favorites, Romantic Rachmaninoff, and The Barber of Seville. These performances not only showcased the talent of the Philharmonic & Opera but also offered the community an opportunity to engage with the performing arts and be enriched by the experience.
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Impact
July, 2024
The Sacramento Region Performing Arts Alliance, through its flagship organization the Sacramento Philharmonic & Opera, has had a significant impact on the community. By providing live professional performances and engaging community initiatives, they have successfully built a sense of community, inspired a love of the performing arts, and enriched lives through music. In the 2021-22 season, they returned to live, in-person performances after a hiatus in the previous fiscal year due to COVID-19. Through seven concerts, ranging from classical symphonies to opera favorites, the Alliance has brought the joy of music to audiences in Sacramento and beyond. Their dedication to their mission of inspiring and enriching through music is evident in their contributions to the local arts scene.
This information is meant to be a general summary of Sacramento Region Performing Arts Alliance. 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: $833
- Program Service Revenue: $754,651
- Gross Receipts: $2,472,713
Assets and Liabilities:
- Total Assets: $1,093,798
- Total Liabilities: $308,002
- Net Assets: $785,796
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TICKET SALES
Revenue
$483,652
SERVICES
Revenue
$270,999
Organization Details
Founding Year
1997
Phone
(916) 476-5975Principal Officer
Giuliano Kornberg
Main Address
1110 2ND STREET, SACRAMENTO, CA, 95814
Website
www.sacphilopera.orgNTEE Category
Code: A69 - Arts
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