Endowment Fund Of Eugene Symphony Association Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 930802257 ✦ Eugene, OR ✦ Designated as a 501(c)(3)

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Overview

What is Endowment Fund Of Eugene Symphony Association Inc?

The Endowment Fund of Eugene Symphony Association Inc., situated in Eugene, Oregon, is a nonprofit organization dedicated to supporting the Eugene Symphony. This organization operates under the umbrella of promoting arts, culture, and humanities. Its primary mission is to provide financial assistance to the Eugene Symphony, ensuring its continued success and growth in the arts community. The Endowment Fund serves as a crucial backbone for the Eugene Symphony, contributing to its artistic endeavors and enriching the cultural landscape of the city.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 82% (Three-Star out of Four Star rating)

The Endowment Fund of Eugene Symphony Association Inc has received a Three-Star rating from Charity Navigator, reflecting an 82% score primarily based on its strong accountability and financial practices. This score is derived entirely from a single beacon focused on accountability and finance, indicating a solid commitment to responsible management and governance.

The organization demonstrates noteworthy strengths, including an entirely independent board of directors, which enhances its credibility and oversight. Furthermore, it has achieved a high program expense ratio of 88.49%, suggesting that a significant portion of its resources is allocated towards its core mission, rather than administrative costs. The absence of material diversion of assets and a 0.00% liabilities to assets ratio also indicate strong financial health.

While the rating is commendable, it is important for potential donors and stakeholders to consider the broader impact and effectiveness of the programs funded by the endowment. Overall, the organization appears to prioritize transparency and accountability, making it a potentially sound choice for those looking to support the arts in Eugene.


This AI summary has been generated from information found on Charity Navigator.

Is Endowment Fund Of Eugene Symphony Association Inc legitimate?

Endowment Fund Of Eugene Symphony Association Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Endowment Fund Of Eugene Symphony Association 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Endowment Fund Of Eugene Symphony Association Inc?

The Endowment Fund of Eugene Symphony Association has a mission to support the Eugene Symphony. In essence, this organization serves to uphold the arts, culture, and humanities sector by providing substantial backing to the Eugene Symphony. By doing so, it contributes to the enrichment of the artistic landscape and the cultural evolution of the community. The Endowment Fund's primary role is to ensure the sustainability and growth of the Eugene Symphony, thereby contributing to the overall cultural development.

Who is the CEO of Endowment Fund Of Eugene Symphony Association Inc?

Scott Freck is the Executive Dir. of Endowment Fund Of Eugene Symphony Association Inc.

What is the revenue of Endowment Fund Of Eugene Symphony Association Inc?

Endowment Fund Of Eugene Symphony Association Inc's revenue in 2021 was $1,167,593.

Who are the executives of Endowment Fund Of Eugene Symphony Association Inc and what are their salaries?

There 6 volunteers at Endowment Fund Of Eugene Symphony Association Inc.


Here are 7 key members and their salaries:


Scott Freck (Executive Dir.)
  • Compensation: $0
  • Related: $116,923
  • Other: $6,712
Varner J Johns Iii (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Silva Chambers (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Watkinson (Treasurer/Sec)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ann Marie Mehlum (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Cockrell (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alicia Vorhees (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Endowment Fund Of Eugene Symphony Association Inc?

Endowment Fund Of Eugene Symphony Association Inc's most recent form 990 was submitted in 2021 and can be accessed here.

Mission Statement of Endowment Fund Of Eugene Symphony Association Inc

The Endowment Fund of Eugene Symphony Association, a distinguished organization, is dedicated to promoting and supporting the Eugene Symphony. Its primary mission is to champion arts, culture, and humanities by providing essential backing to this esteemed orchestra. As a singular entity, the Endowment Fund plays a pivotal role in ensuring the Symphony's continued success and growth, contributing significantly to the rich cultural landscape of the arts community.

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Impact




July, 2024

The Endowment Fund of Eugene Symphony Association Inc plays a vital role in supporting the Eugene Symphony, contributing to the vibrancy and cultural richness of the community in Eugene, Oregon. Through its financial support, the endowment fund helps ensure the sustainability and growth of the symphony, enabling it to continue providing outstanding musical performances and educational programs for the community. By investing in the arts, the endowment fund enhances the quality of life in Eugene and contributes to the enrichment and cultural development of its residents and beyond.




This information is meant to be a general summary of Endowment Fund Of Eugene Symphony Association 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.

Revenue
$1,167,593 (2021)
Expenses
$325,724 (2021)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2021.

  • Investment Income: $417,253
  • Gross Receipts: $2,409,460

Assets and Liabilities:

  • Total Assets: $8,241,978
  • Total Liabilities: $0
  • Net Assets: $8,241,978

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Organization Details

Founding Year

1980

Principal Officer

Scott Freck

Main Address

115 W 8th Ave Ste 115, Eugene, OR, 97401

NTEE Category

Code: A68 - Arts

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