Overview
What is Stern Grove Festival Association?
Stern Grove Festival Association (SGFA) is a distinguished nonprofit organization situated in San Francisco, California. Established in 1938, its mission revolves around making live musical experiences accessible to all. The organization achieves this by organizing ten admission-free performances annually in Sigmund Stern Grove, a picturesque amphitheater and park. This park, a donation to the city by SGFA, serves as a stage for world-class artists, attracting approximately 75,000 music and nature enthusiasts each year. In addition to the outdoor concerts, SGFA is dedicated to providing free music and dance education programs to thousands of children annually. These programs are conducted at Sigmund Stern Grove, schools, and community centers within San Francisco. By offering these opportunities, SGFA contributes significantly to enriching the cultural landscape of the city and fostering love for music among the younger generation. With a team of 120 passionate individuals, SGFA continues its mission of making the arts accessible to all, serving as a testament to the enduring power of music and community.
Official website here: www.sterngrove.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97% (Four-Star out of Four Star rating)
The Stern Grove Festival Association has received a strong rating of 97% from Charity Navigator, indicating a high level of accountability and financial health. This rating is particularly significant as it reflects the organization's commitment to transparency and responsible financial management. The charity scores full marks in most areas of financial oversight, demonstrating a robust governance structure with an entirely independent board and comprehensive policies in place.
Strengths of the Stern Grove Festival Association include a high program expense ratio of 70.43%, indicating that a significant portion of its funding directly supports programs and services rather than administrative costs. Additionally, the organization exhibits impressive fundraising efficiency, with only $0.19 spent to raise each dollar, showcasing effective fundraising strategies. The long working capital ratio of 5.70 years further indicates the charity's financial stability and ability to sustain its operations over time.
There are no noted limitations in the data regarding the Stern Grove Festival Association, which reflects positively on its operational practices and strategic approach. Overall, the organization stands out for its strong governance, financial health, and commitment to supporting its community through arts and cultural programming.
This AI summary has been generated from information found on Charity Navigator.
Is Stern Grove Festival Association legitimate?
Stern Grove Festival Association is a legitimate nonprofit organization registered as a 501(c)(3) entity. Stern Grove Festival Association 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: $238,281
Professional Fundraising Fees: $0
Other Salaries and Wages: $641,396
For more financial information, click here
Official website here: www.sterngrove.org
What is the mission statement of Stern Grove Festival Association?
The Stern Grove Festival Association's mission is centered around making live musical experiences accessible to everyone. They accomplish this by offering ten admission-free performances annually at a facility in a park, attracting approximately 75,000 attendees each year. Beyond these concerts, the organization also provides free music and dance education programs for thousands of children, hosting these sessions at various locations across the city.
Official website here: www.sterngrove.org
Who is the CEO of Stern Grove Festival Association?
Robert A Fiedler is the Chairman of Stern Grove Festival Association.
Official website here: www.sterngrove.org
What is the revenue of Stern Grove Festival Association?
Stern Grove Festival Association's revenue in 2022 was $4,508,078.
Official website here: www.sterngrove.org
Who are the executives of Stern Grove Festival Association and what are their salaries?
The average compensation at Stern Grove Festival Association during 2022 was $7,331. There are 120 employees and 75 volunteers at Stern Grove Festival Association.
Here are 23 key members and their salaries:
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- Other: $6,490
Official website here: www.sterngrove.org
Where can I find the form 990 for Stern Grove Festival Association?
Stern Grove Festival Association's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.sterngrove.org
Learn more at the official website: www.sterngrove.org
Mission Statement of Stern Grove Festival Association
The Stern Grove Festival Association, a self-governing nonprofit entity, is committed to a mission that makes live musical experiences universally accessible. This mission is accomplished by offering ten admission-free performances annually in Sigmund Stern Grove, a facility and park generously donated to the City of San Francisco by the organization itself. Approximately 75,000 individuals attend these concerts each year. Beyond the performances, the association also provides music and dance education programs for children, free of charge. These educational initiatives take place not only within Sigmund Stern Grove but also extend to public schools and community centers around the City of San Francisco, reaching a substantial number of children annually. The Stern Grove Festival Association serves as a dedicated advocate for the public's right to enjoy live music and dance, fostering a sense of community and cultural enrichment through its various offerings.
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Impact
July, 2024
The impact of Stern Grove Festival Association is evident in the vibrant cultural and artistic community it cultivates in San Francisco. By providing free musical concerts and education programs to the public, SGFA ensures that live musical experiences are accessible to all. Through the iconic Stern Grove Festival, generations of music enthusiasts have been able to enjoy world-class performances in a stunning natural setting, fostering a sense of community and appreciation for the arts. Additionally, the organization's music and dance education programs reach thousands of children annually, further enriching the cultural landscape of the city. Through these initiatives, SGFA plays a key role in promoting the arts and ensuring that everyone has the opportunity to participate in and enjoy the cultural life of San Francisco.
This information is meant to be a general summary of Stern Grove Festival Association. 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: $1,073,651
- Gross Receipts: $4,663,362
Assets and Liabilities:
- Total Assets: $14,800,950
- Total Liabilities: $156,648
- Net Assets: $14,644,302
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Organization Details
Founding Year
1938
Phone
(415) 252-6252Principal Officer
Robert A Fiedler
Main Address
832 Folsom Street 1000, San Francisco, CA, 94107
Website
www.sterngrove.orgNTEE Category
Code: A200 - Arts
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