Overview
What is Sacramento Youth Symphony Foundation?
The Sacramento Youth Symphony Foundation is a non-profit organization situated in Sacramento, California, specifically at 3443 Ramona Avenue, 95826. Its primary role is to manage investment funds for the Sacramento Youth Symphony, an entity dedicated to nurturing young musical talents. This financial management aims to support the symphony's operations and growth, ensuring its continued success in fostering musical development among local youth.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73%, Two-Star out of Four Star rating. This score reflects the organization's performance in Accountability & Finance, indicating that while there are strengths, there is room for improvement in other areas.
The Sacramento Youth Symphony Foundation demonstrates solid financial management, as evidenced by a high program expense ratio of 87.36%, which suggests a significant portion of its budget is dedicated to its mission. The organization also benefits from a majority independent board and has no reported diversion of assets, which is a positive sign for transparency and governance.
However, the overall rating of Two Stars indicates that the foundation may need to enhance its operational practices or expand its performance metrics to better reflect its impact. While the financial indicators are favorable, potential donors and supporters may want to consider these limitations when evaluating the organization’s overall effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Sacramento Youth Symphony Foundation legitimate?
Sacramento Youth Symphony Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sacramento Youth Symphony Foundation 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 Sacramento Youth Symphony Foundation?
The Sacramento Youth Symphony Foundation's primary role is to manage investment funds. This mission is geared towards supporting the Sacramento Youth Symphony, ensuring its financial stability and growth. By managing these funds, the foundation enables the youth orchestra to focus on its core activities, such as music education and performance. This financial management role is a crucial part of the foundation's mission, contributing to the continuity and success of the Sacramento Youth Symphony.
What is the revenue of Sacramento Youth Symphony Foundation?
Sacramento Youth Symphony Foundation's revenue in 2024 was $277,436.
Who are the executives of Sacramento Youth Symphony Foundation and what are their salaries?
There 5 volunteers at Sacramento Youth Symphony Foundation.
Here are 5 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Sacramento Youth Symphony Foundation?
Sacramento Youth Symphony Foundation's most recent form 990 was submitted in 2024 and can be accessed here.
Mission Statement of Sacramento Youth Symphony Foundation
The Sacramento Youth Symphony Foundation is dedicated to managing investment funds for the Sacramento Youth Symphony. In this role, the foundation plays a crucial part in ensuring the financial stability and growth of the youth symphony, allowing it to continue its mission of nurturing young musicians and providing them with an enriching musical experience. By managing investment funds, the foundation helps to secure the future of the symphony, enabling it to continue its important work of fostering talent and promoting music education. The Sacramento Youth Symphony Foundation's mission is thus centered around financial stewardship, with a focus on supporting the Sacramento Youth Symphony in its mission to inspire and educate young musicians.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
The Sacramento Youth Symphony Foundation significantly enhances the availability and quality of music education for youth in the Sacramento area. By managing investment funds specifically designated for the Sacramento Youth Symphony, it ensures that resources are allocated effectively to support various programs, instruments, and educational opportunities.
This financial stewardship enables the symphony to provide young musicians with a platform to develop their skills, collaborate with peers, and perform in a professional setting. Ultimately, the Foundation's efforts contribute to the cultural enrichment of the community, fostering a love for the arts among the next generation while offering them valuable life skills through teamwork, discipline, and creativity.
This information is meant to be a general summary of Sacramento Youth Symphony Foundation. 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 2024.
- Investment Income: $42,457
- Gross Receipts: $521,604
Assets and Liabilities:
- Total Assets: $1,376,916
- Total Liabilities: $8,900
- Net Assets: $1,368,016
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
2000
Principal Officer
Ed Keller
NTEE Category
Code: A12 - Arts
If you are a representative of Sacramento Youth Symphony Foundation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.