Overview
What is Carmel Bach Festival Inc?
Carmel Bach Festival Inc, based in Carmel, California, is a distinguished nonprofit organization that honors the legacy of Johann Sebastian Bach. Their mission is to celebrate Bach's musical impact and inspiration globally, engrossing audiences in a comprehensive festival experience that blends music, education, and thought-provoking ideas. By offering innovative performances and activities beyond their local area, they aim to attract a diverse range of participants, taking calculated risks to foster interest among younger generations. With a dedicated team of 110 employees, Carmel Bach Festival Inc provides an immersive and transformative experience, inspiring listeners and stimulating intellectual dialogue.
Official website here: www.bachfestival.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 97%, Four-Star out of Four Star rating.
Carmel Bach Festival Inc has achieved a remarkable 97% rating, reflecting strong performance in accountability and finance. This high score is indicative of the organization's commitment to transparency and effective financial management, with an independent board and robust oversight mechanisms in place. The charity boasts a 100% independent board, ensuring diverse perspectives and governance free from potential conflicts of interest.
The festival's financial health is also notable, with a program expense ratio of 80.01%, indicating that a significant portion of its budget is directed towards its charitable programs rather than administration or fundraising. Additionally, the fundraising efficiency ratio of just $0.07 suggests that the organization is highly effective in generating donations relative to the cost incurred, maximizing the impact of contributions received.
While the organization performs excellently overall, its working capital ratio of 0.48 years may indicate a need for improved liquidity management. Nonetheless, the overall strengths in governance, financial accountability, and program delivery position Carmel Bach Festival Inc as a reputable nonprofit dedicated to its mission.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Carmel Bach Festival Inc?
96% of 28 reviewers on Facebook recommend Carmel Bach Festival Inc. Here is a summary of their reviews:
Attendees express profound appreciation for the festival, highlighting its remarkable showcase of world-class Baroque musicians and singers. Many consider it a highlight of their year, emphasizing how the experience rejuvenates their spirits and creativity. The festival is recognized as a must-attend event in the area, with participants urging others not to miss out on the enriching musical offerings.
Overall, the sentiment surrounding the festival is overwhelmingly positive, with attendees celebrating the high caliber of performances and the integral role the festival plays in their lives. The event is seen as a vital cultural experience that fosters community and artistic inspiration.
This AI summary has been generated from reviews found on Facebook.
Is Carmel Bach Festival Inc legitimate?
Carmel Bach Festival Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Carmel Bach Festival 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: $110,375
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,460,214
For more financial information, click here
Official website here: www.bachfestival.org
What is the mission statement of Carmel Bach Festival Inc?
The mission of Carmel Bach Festival Inc is to honor the legacy of Johann Sebastian Bach by organizing a festival that integrates music, education, and thought-provoking ideas. The festival aims to engage audiences globally, offering innovative programming that transcends traditional boundaries and sparks imagination. Beyond the annual event, the organization also extends its reach through off-season activities, aiming to engage a wider audience beyond Carmel and the Monterey Peninsula. The Carmel Bach Festival is renowned for its commitment to presenting Bach's works in fresh contexts, fostering a deeper appreciation of his influence and timeless music.
Official website here: www.bachfestival.org
Who is the CEO of Carmel Bach Festival Inc?
Steve Friedlander is the Exec Director of Carmel Bach Festival Inc.
Official website here: www.bachfestival.org
What is the revenue of Carmel Bach Festival Inc?
Carmel Bach Festival Inc's revenue in 2022 was $2,641,760.
Official website here: www.bachfestival.org
Who are the executives of Carmel Bach Festival Inc and what are their salaries?
The average compensation at Carmel Bach Festival Inc during 2022 was $14,278. There are 110 employees and 41 volunteers at Carmel Bach Festival Inc.
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Official website here: www.bachfestival.org
Where can I find the form 990 for Carmel Bach Festival Inc?
Carmel Bach Festival Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.bachfestival.org
Learn more at the official website: www.bachfestival.org
Mission Statement of Carmel Bach Festival Inc
The Carmel Bach Festival, a renowned organization, is dedicated to honoring the legacy and influence of Johann Sebastian Bach. Its mission is to engage audiences globally by providing an immersive festival experience that merges music, education, and thought-provoking ideas. This prestigious festival, recognized for its innovative programming, aims to transcend conventional performance and presentation boundaries. By offering fresh perspectives that emphasize the timeless beauty and wonder of Bach's work, the Carmel Bach Festival stimulates dialogue, fosters imagination, and enriches lives in unexpected ways. The organization also extends its reach beyond the Carmel and Monterey Peninsula, offering off-season activities to expand access and attract a diverse and younger audience. In essence, the Carmel Bach Festival is a cutting-edge platform that celebrates Bach's enduring impact on music and culture, inviting audiences to explore, learn, and be inspired.
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Impact
July, 2024
The impact of Carmel Bach Festival Inc transcends traditional boundaries of performance and presentation by providing a festival experience that integrates music, education, and ideas inspired by Johann Sebastian Bach. Through its innovative artistic programming, the festival aims to celebrate the ongoing influence of Bach worldwide and spark conversation and enrichment in the lives of its audiences. Additionally, the organization is taking strategic risks to cultivate a younger and more diverse participant base, ensuring that the legacy of Bach continues to inspire and resonate with a broad range of individuals.
This information is meant to be a general summary of Carmel Bach Festival 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 2022.
- Investment Income: -$364
- Program Service Revenue: $498,999
- Gross Receipts: $2,724,466
Assets and Liabilities:
- Total Assets: $1,130,862
- Total Liabilities: $171,150
- Net Assets: $959,712
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Ticket Sales
Revenue
$497,130
Tuition and other fees
Revenue
$1,869
Organization Details
Founding Year
1961
Phone
(831) 624-1521Principal Officer
Steve Friedlander
Main Address
PO Box 575, Carmel, CA, 93921
Website
www.bachfestival.orgNTEE Category
Code: A680 - Arts
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