Overview
What is Peninsula Symphony Assoc?
Peninsula Symphony Assoc Dba Peninsula Symphony Assoc Of Northern California is a nonprofit organization based in Los Altos, California. Situated at 146 Main Street Suite 102, they aim to enrich the lives of their community by presenting high-quality musical performances at affordable prices. Their mission extends beyond entertainment, as they also strive to promote music education for both children and adults. With a dedicated workforce of eight individuals, they contribute to the cultural landscape of their community, fostering an appreciation for music and fostering opportunities for learning.
Official website here: www.peninsulasymphony.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94%, Four-Star out of Four Star Rating
The Peninsula Symphony Association of Northern California has received a commendable Four-Star rating from Charity Navigator, reflecting an overall score of 94%. This high score is derived entirely from the organization’s performance in the Accountability & Finance category, indicating strong financial practices and transparency. The charity's commitment to maintaining an independent board is noteworthy, with 100% of its board members being independent, which enhances the organization's governance and credibility.
Financial health is a significant strength for the Peninsula Symphony Association, evidenced by their impressive liability to assets ratio of 1.46%. This shows that the organization is managing its debts effectively relative to its assets. Additionally, the program expense ratio of 68.77% indicates that a substantial portion of its budget is dedicated to its programs, demonstrating its focus on fulfilling its mission.
While the organization exhibits numerous strengths in governance and financial practices, it is essential for stakeholders to continue monitoring performance and sustainability to ensure ongoing effectiveness. Overall, the Peninsula Symphony Association appears to be a well-managed nonprofit dedicated to artistic and community engagement.
This AI summary has been generated from information found on Charity Navigator.
Is Peninsula Symphony Assoc legitimate?
Peninsula Symphony Assoc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Peninsula Symphony Assoc 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: $85,525
Professional Fundraising Fees: $0
Other Salaries and Wages: $171,838
For more financial information, click here
Official website here: www.peninsulasymphony.org
What is the mission statement of Peninsula Symphony Assoc?
The Peninsula Symphony Association, operating under the name Peninsula Symphony Association of Northern California, is dedicated to enriching lives within the community through the presentation of high-quality musical performances at affordable prices. Additionally, they are committed to promoting music education for children and adults, working towards widening the accessibility and appreciation of music within their community.
Official website here: www.peninsulasymphony.org
What is the revenue of Peninsula Symphony Assoc?
Peninsula Symphony Assoc's revenue in 2023 was $712,589.
Official website here: www.peninsulasymphony.org
Who are the executives of Peninsula Symphony Assoc and what are their salaries?
The average compensation at Peninsula Symphony Assoc during 2023 was $32,170. There are 8 employees and 105 volunteers at Peninsula Symphony Assoc.
Here are 14 key members and their salaries:
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Official website here: www.peninsulasymphony.org
Where can I find the form 990 for Peninsula Symphony Assoc?
Peninsula Symphony Assoc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.peninsulasymphony.org
Learn more at the official website: www.peninsulasymphony.org
Mission Statement of Peninsula Symphony Assoc
The Peninsula Symphony Association, also known as Peninsula Symphony Association of Northern California, is dedicated to enriching the lives of people in the community through the presentation of high-quality musical performances at affordable prices. Beyond entertainment, this nonprofit organization is committed to promoting music education for both children and adults. By offering affordable musical presentations, the Peninsula Symphony Association aims to make the joy of music accessible to a wide range of people, fostering a sense of community and cultural appreciation. Additionally, the organization plays a significant role in promoting music education, recognizing the transformative power of music and its ability to inspire and educate individuals of all ages.
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Impact
July, 2024
Peninsula Symphony Assoc Dba Peninsula Symphony Assoc Of Northern California makes a significant impact on the community by enriching the lives of people through high-quality musical presentations at affordable prices. They also play a crucial role in promoting music education for both children and adults. Through their mission, they contribute to the cultural vibrancy of the area and provide opportunities for individuals to engage with and appreciate music. Their efforts contribute to the enrichment of the community, fostering a love for music and arts that can have long-lasting effects on individuals of all ages.
This information is meant to be a general summary of Peninsula Symphony Assoc. 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 2023.
- Investment Income: $119,077
- Program Service Revenue: $79,949
- Gross Receipts: $712,589
Assets and Liabilities:
- Total Assets: $4,000,920
- Total Liabilities: $34,404
- Net Assets: $3,966,516
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SYMPHONY PERFORMANCES/
Revenue
$79,949
Organization Details
Founding Year
2004
Principal Officer
Ben Hollin
Website
www.peninsulasymphony.orgNTEE Category
Code: A69 - Arts
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