Overview
What is Symphony Tacoma?
Symphony Tacoma, a Washington State-based nonprofit established in 1946, is dedicated to fostering community connections through music. With a staff of 80 contract musicians and an affiliated volunteer chorus, their mission is to engage and unite people through musical performances. The organization has recently embarked on a multi-year initiative promoting diversity, equity, inclusion, access, and belonging across all aspects of their operations. Their subscription series showcases a diverse array of guest artists and repertoire, and they have championed new music, premiering several works by living composers. This year, their education programs returned to in-person sessions, with the Symphony2U program supporting middle and high school string programs in seven schools, offering intensive coaching and performances. Symphony Tacoma has been active in community outreach, providing free performances and masterclasses led by renowned artists, and even offering musical performances at the local farmer's market.
Official website here: www.symphonytacoma.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 85% (Three-Star out of Four Star Rating)
Symphony Tacoma has earned a solid Three-Star rating from Charity Navigator, reflecting its strong accountability and financial health. The organization scored 85% in the Accountability & Finance category, which is indicative of its effective management and operational transparency. This rating is based entirely on a single beacon score, emphasizing the importance of financial responsibility in nonprofit organizations.
The nonprofit demonstrates robust governance features, including a fully independent board consisting of 17 members, which is essential for effective oversight. Additionally, Symphony Tacoma has clear policies in place, such as a conflict of interest policy, whistleblower policy, and the governance of document retention—all of which contribute to its transparency and accountability. The organization also maintains a low liabilities-to-assets ratio of 6.05%, illustrating its financial stability.
Despite its strengths, it is important for potential donors and supporters to consider how Symphony Tacoma allocates resources beyond financial metrics. While the organization has a commendable program expense ratio of 72.25%, indicating that a significant portion of its resources is dedicated to its programs, stakeholders may seek further insights into the specific impact of those programs on the community. Overall, Symphony Tacoma is positioned as a trustworthy nonprofit with a commitment to financial integrity and good governance.
This AI summary has been generated from information found on Charity Navigator.
Is Symphony Tacoma legitimate?
Symphony Tacoma is a legitimate nonprofit organization registered as a 501(c)(3) entity. Symphony Tacoma 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: $107,327
Professional Fundraising Fees: $0
Other Salaries and Wages: $728,450
For more financial information, click here
Official website here: www.symphonytacoma.org
What is the mission statement of Symphony Tacoma?
Symphony Tacoma, a nonprofit organization established in 1946, is dedicated to building community through music. As part of their mission, they champion diversity, equity, inclusion, access, and belonging in all aspects of their operations. Their subscription series showcases a diverse array of guest artists and repertoire. As advocates for new music, they have premiered several works by living composers, a rarity in the industry. Their education programs returned to in-person this year, with their Symphony2U program supporting middle and high school string programs, providing intensive coaching and performances in seven schools. Symphony Tacoma also offered opportunities for free performances and masterclasses led by notable artists, making music more accessible to the community.
Official website here: www.symphonytacoma.org
Who is the CEO of Symphony Tacoma?
Karina Bharne is the Board Member of Symphony Tacoma.
Official website here: www.symphonytacoma.org
What is the revenue of Symphony Tacoma?
Symphony Tacoma's revenue in 2022 was $1,665,927.
Official website here: www.symphonytacoma.org
Who are the executives of Symphony Tacoma and what are their salaries?
The average compensation at Symphony Tacoma during 2022 was $5,686. There are 147 employees and 129 volunteers at Symphony Tacoma.
Here are 26 key members and their salaries:
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- Compensation: $92,510
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- Compensation: $106,912
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- Other: $2,204
Official website here: www.symphonytacoma.org
Where can I find the form 990 for Symphony Tacoma?
Symphony Tacoma's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.symphonytacoma.org
Learn more at the official website: www.symphonytacoma.org
Mission Statement of Symphony Tacoma
Symphony Tacoma, a Washington state-based nonprofit established in 1946, is committed to building community through music. This mission extends beyond mere performance, as the organization actively champions diversity, equity, inclusion, access, and belonging in all its endeavors. Symphony Tacoma's subscription series showcases a diverse array of guest artists and repertoires, reflecting its commitment to inclusivity.
As a champion of new music, Music Director Sarah Ioannides has premiered numerous works by living composers, a rarity in the industry. In addition to its performance initiatives, Symphony Tacoma also focuses on education. This year, the organization's Symphony2U program, which supports middle and high school string programs, returned to in-person sessions. The program was delivered to seven schools, providing consecutive weeks of intensive coaching and performances. Symphony Tacoma also offered free performances and masterclasses led by renowned artists at various locations, further expanding its community outreach.
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Impact
July, 2024
Symphony Tacoma's impact is deeply rooted in the community, fostering a sense of unity and connection through music. The organization's commitment to diversity, equity, inclusion, access, and belonging is evident in their programming, featuring a diverse array of guest artists and repertoire. By championing new music and premiering works by living composers, Symphony Tacoma pushes boundaries and promotes innovation in the industry.
In addition to their artistic endeavors, Symphony Tacoma contributes to the community through education programs like Symphony2U, supporting middle and high school string programs with intensive coaching and performances. Their Simply Symphonic series provides opportunities for students to experience live performances as field trips, enriching their cultural education.
Moreover, Symphony Tacoma goes beyond traditional venues by bringing musicians to perform at the farmer's market and offering free masterclasses led by notable artists, making music accessible to a wider audience. Through these initiatives, Symphony Tacoma creates a lasting impact on the community, enriching lives and fostering a love for music.
This information is meant to be a general summary of Symphony Tacoma. 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: $16,052
- Program Service Revenue: $268,502
- Gross Receipts: $1,765,529
Assets and Liabilities:
- Total Assets: $1,937,065
- Total Liabilities: $93,993
- Net Assets: $1,843,072
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TICKET SALES
Revenue
$207,628
OTHER INCOME
Revenue
$60,484
PROJECT MERCHANDISE SA
Revenue
$390
Organization Details
Founding Year
1946
Phone
(253) 272-7264Principal Officer
Karina Bharne
Main Address
901 BROADWAY 600, TACOMA, WA, 98402
Website
www.symphonytacoma.orgNTEE Category
Code: A690 - Arts
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