Overview
What is Golden Gate Performing Arts Inc?
Golden Gate Performing Arts Inc, based in San Francisco, California, is a nonprofit organization with a mission to promote harmony worldwide. Established by singers and dedicated supporters of the San Francisco Gay Mens Chorus, its primary role is to ensure the financial stability of the chorus. With a team of 10 dedicated individuals, Golden Gate Performing Arts Inc supports the chorus in achieving its goal of spreading harmony through captivating performances. The organization's activities are centered around the chorus, contributing to its overall success and impact in the community.
Official website here: www.sfgmc.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 88%, Three-Star out of Four Star rating
Golden Gate Performing Arts Inc has received a solid Three-Star rating from Charity Navigator, indicating a commendable level of accountability and financial health. The organization scored particularly well in governance metrics, boasting a fully independent board and effective oversight mechanisms, which contributes to its strong performance in financial management.
Strengths include a high program expense ratio, meaning a significant portion of its expenditures directly supports its mission, along with an excellent fundraising efficiency ratio, demonstrating a low cost to raise funds. Additionally, the organization maintains a healthy liabilities to assets ratio, suggesting it is in a stable financial position.
However, there are noted limitations in the area of governance policies, specifically the absence of a whistleblower policy and a document retention and destruction policy. Addressing these areas could enhance the organization's transparency and further strengthen its governance framework.
This AI summary has been generated from information found on Charity Navigator.
Is Golden Gate Performing Arts Inc legitimate?
Golden Gate Performing Arts Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Golden Gate Performing Arts 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: $197,400
Professional Fundraising Fees: $0
Other Salaries and Wages: $787,311
For more financial information, click here
Official website here: www.sfgmc.org
What is the mission statement of Golden Gate Performing Arts Inc?
Golden Gate Performing Arts Inc was established by singers and dedicated supporters of the San Francisco Gay Mens Chorus, with the primary objective of ensuring the financial stability of the chorus. The organization supports the chorus, enabling it to fulfill its mission of spreading harmony throughout the world through choral presentations. By providing financial backing, Golden Gate Performing Arts Inc plays a crucial role in enabling the chorus to share its musical talent and promote harmony on a global scale.
Official website here: www.sfgmc.org
Who is the CEO of Golden Gate Performing Arts Inc?
Christopher Verdugo is the Executive Director of Golden Gate Performing Arts Inc.
Official website here: www.sfgmc.org
What is the revenue of Golden Gate Performing Arts Inc?
Golden Gate Performing Arts Inc's revenue in 2022 was $5,222,175.
Official website here: www.sfgmc.org
Who are the executives of Golden Gate Performing Arts Inc and what are their salaries?
The average compensation at Golden Gate Performing Arts Inc during 2022 was $98,471. There are 10 employees and 330 volunteers at Golden Gate Performing Arts Inc.
Here are 21 key members and their salaries:
- Compensation: $197,400
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- Other: $38,818
- Compensation: $190,000
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- Other: $37,729
- Compensation: $30,833
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- Other: $7,055
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Official website here: www.sfgmc.org
Where can I find the form 990 for Golden Gate Performing Arts Inc?
Golden Gate Performing Arts Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.sfgmc.org
Learn more at the official website: www.sfgmc.org
Mission Statement of Golden Gate Performing Arts Inc
Golden Gate Performing Arts Inc, established by singers and dedicated supporters of the San Francisco Gay Mens Chorus, was formed with the primary objective of ensuring the financial stability of the chorus. This nonprofit organization's mission is to support the chorus, enabling it to fulfill its purpose of spreading harmony throughout the world through choral presentations. By providing financial backing, Golden Gate Performing Arts Inc enables the chorus to share its unique blend of music and unity with a broader audience, promoting harmony and unity in various communities.
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Impact
July, 2024
Golden Gate Performing Arts Inc, through its support of the San Francisco Gay Men's Chorus, plays a crucial role in fostering harmony and unity in the world through choral presentations. By ensuring the financial health of the chorus, Golden Gate Performing Arts Inc enables the chorus to fulfill its mission of spreading harmony and acceptance through music. The impact of this organization is felt not only within the local community but also resonates globally through the power of music to bring people together and promote understanding.
This information is meant to be a general summary of Golden Gate Performing Arts 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: $46,524
- Program Service Revenue: $495,713
- Gross Receipts: $5,621,376
Assets and Liabilities:
- Total Assets: $14,861,917
- Total Liabilities: $5,024,790
- Net Assets: $9,837,127
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ADMISSION SALES
Revenue
$437,938
PERFORMANCE FEES
Revenue
$57,775
Organization Details
Founding Year
1979
Principal Officer
Christopher Verdugo
Main Address
170 VALENCIA ST, San Francisco, CA, 94103
Website
www.sfgmc.orgNTEE Category
Code: A6B0 - Arts
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