Overview
What is Other Minds?
Other Minds is a distinguished nonprofit organization situated in San Francisco, California, specifically at 55 Taylor Street. Known worldwide for its advocacy of innovative and experimental music, Other Minds engages in various activities to promote this genre. These activities include hosting live concerts, broadcasting radio programs, producing records and CDs, commissioning new compositions, and maintaining an extensive online archive filled with interviews and music. During a notable event in October 2021, Other Minds Festival 25 took place at the Taube Atrium Theater, featuring 26 musicians in the field of improvised music. The organization's reach was extended globally through a high-quality livestream, with OM Executive & Artistic Director Charles Amirkhanian and composer Pamela Z as hosts. With a team of seven dedicated employees, Other Minds continues to contribute significantly to the music community.
Official website here: www.otherminds.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 93% (Four-Star out of Four Stars)
Other Minds has achieved an impressive Four-Star rating from Charity Navigator, reflecting its strong commitment to accountability and financial health. With a high score of 93% in both overall performance and financial metrics, the organization demonstrates effective management of resources and operations. Key indicators of financial transparency, such as an independent board of 100% and a perfect score in auditing financial statements, underscore the charity's dedication to ethical practices.
The organization maintains a solid program expense ratio of 67.81%, indicating that a significant portion of its budget is directed towards its mission-driven programs. The presence of various policies, including conflict of interest and whistleblower protections, further enhances its credibility and governance. The low liabilities to assets ratio of 24.06% suggests that Other Minds is effectively managing its debts, contributing to its overall financial stability.
While the ratings reflect a robust organizational framework, it's essential for potential donors to consider how effectively the charity communicates its impact and outcomes. Overall, Other Minds stands out as a well-managed organization that prioritizes transparency and responsible stewardship of funds.
This AI summary has been generated from information found on Charity Navigator.
Is Other Minds legitimate?
Other Minds is a legitimate nonprofit organization registered as a 501(c)(3) entity. Other Minds 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: $105,400
Professional Fundraising Fees: $0
Other Salaries and Wages: $290,418
For more financial information, click here
Official website here: www.otherminds.org
What is the mission statement of Other Minds?
Other Minds is known for its advocacy and promotion of new and experimental music. The organization accomplishes this through various activities such as producing public concerts, creating radio programs, releasing records and CDs, commissioning new works, and hosting an extensive online archive of interviews and music. Their mission is to support and showcase innovative musicians and music, making it accessible to a global audience through live events and online platforms. By doing so, Other Minds aims to preserve and expand the boundaries of musical expression.
Official website here: www.otherminds.org
Who is the CEO of Other Minds?
Caren Meghreblian is the President of Other Minds.
Official website here: www.otherminds.org
What is the revenue of Other Minds?
Other Minds's revenue in 2022 was $764,643.
Official website here: www.otherminds.org
Who are the executives of Other Minds and what are their salaries?
The average compensation at Other Minds during 2022 was $56,545. There are 7 employees and 11 volunteers at Other Minds.
Here are 12 key members and their salaries:
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Official website here: www.otherminds.org
Where can I find the form 990 for Other Minds?
Other Minds's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.otherminds.org
Learn more at the official website: www.otherminds.org
Mission Statement of Other Minds
Other Minds, a globally recognized organization, is dedicated to championing and promoting new and experimental music. It accomplishes this mission through various means, including organizing public concerts, producing radio programs, creating records and CDs, commissioning new work, and managing an extensive online platform preserving thousands of hours of music and interviews. By doing so, Other Minds serves as a pioneer in the field, fostering innovation and providing a platform for musicians to showcase their unique talents.
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Impact
July, 2024
Other Minds has had a significant impact on the global music scene by championing new and experimental music. Through its public concerts, radio programs, records, CDs, commissioned works, and online platform preserving extensive recorded interviews and music, Other Minds has provided a platform for innovative artists and composers. The organization's flagship event, Other Minds Festival 25, showcased 26 musicians in the field of improvised music and reached a global audience through a high-quality livestream. By fulfilling its mission of promoting new and experimental music, Other Minds continues to educate and inspire audiences around the world.
This information is meant to be a general summary of Other Minds. 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: $5,575
- Program Service Revenue: $39,952
- Gross Receipts: $764,643
Assets and Liabilities:
- Total Assets: $286,798
- Total Liabilities: $47,696
- Net Assets: $239,102
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Sales
Revenue
$39,952
Organization Details
Founding Year
1992
Phone
(415) 934-8134Principal Officer
Caren Meghreblian
Main Address
55 Taylor Street, San Francisco, CA, 94102
Website
www.otherminds.orgNTEE Category
Code: B28 - Education
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