Overview
What is The San Diego Symphony Orchestra Association?
The San Diego Symphony Orchestra Association is a nonprofit organization dedicated to performing classical music and offering educational musical opportunities in San Diego. Their mission is to enrich lives through music, focusing on nurturing future musicians and audiences. A significant portion of their educational expenses is covered under concert costs. Additionally, they publicize their various performances, receptions, and events through their box office.
Official website here: www.sandiegosymphony.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 89%, Three-Star out of Four Star Rating from Charity Navigator.
The San Diego Symphony Orchestra Association has achieved an overall score of 89%, highlighting strong accountability and financial management practices. The organization boasts a fully independent board and has received high marks for its financial oversight, as evidenced by its lack of material asset diversion and robust whistleblower and conflict of interest policies.
Strengths of the organization include a favorable liabilities-to-assets ratio and a good program expense ratio, although there is room for improvement in program spending. Additionally, the fundraising efficiency is commendable, indicating that the organization raises funds effectively with minimal costs. However, the program expense ratio of 63.01% suggests that a larger portion of its budget could be directed toward programming initiatives.
Overall, the San Diego Symphony Orchestra Association demonstrates a solid commitment to transparency and governance, making it a reliable choice for potential donors. However, addressing the balance between fundraising and programmatic expenditures may enhance its impact in the community.
This AI summary has been generated from information found on Charity Navigator.
Is The San Diego Symphony Orchestra Association legitimate?
The San Diego Symphony Orchestra Association is a legitimate nonprofit organization registered as a 501(c)(3) entity. The San Diego Symphony Orchestra 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: $978,384
Professional Fundraising Fees: $198,533
Other Salaries and Wages: $20,949,508
For more financial information, click here
Official website here: www.sandiegosymphony.org
What is the mission statement of The San Diego Symphony Orchestra Association?
The San Diego Symphony Orchestra Association dedicates itself to performing classical music and offering educational musical opportunities, aiming to transform lives through the power of music. They play a pivotal role in fostering the development of future musicians and audiences. A significant portion of their expenses goes towards educational programs. Additionally, they effectively promote their concerts, receptions, and events via their box office.
Official website here: www.sandiegosymphony.org
What is the revenue of The San Diego Symphony Orchestra Association?
The San Diego Symphony Orchestra Association's revenue in 2024 was $96,468,765.
Official website here: www.sandiegosymphony.org
Who are the executives of The San Diego Symphony Orchestra Association and what are their salaries?
The average compensation at The San Diego Symphony Orchestra Association during 2024 was $30,884. There are 710 employees and 2000 volunteers at The San Diego Symphony Orchestra Association.
Here are 43 key members and their salaries:
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Official website here: www.sandiegosymphony.org
Where can I find the form 990 for The San Diego Symphony Orchestra Association?
The San Diego Symphony Orchestra Association's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.sandiegosymphony.org
Learn more at the official website: www.sandiegosymphony.org
Mission Statement of The San Diego Symphony Orchestra Association
The San Diego Symphony Orchestra Association, a renowned cultural institution, is dedicated to performing classical music and offering educational musical opportunities in the community. With a passion for changing lives through music, this esteemed organization brings people together by presenting captivating performances and fostering the development of future musicians and audiences.
Beyond its public concerts, the San Diego Symphony Orchestra Association invests significantly in educational programs, furthering its commitment to music and its impact on individuals. It nurtures young talent and broadens the audience's perspective by incorporating a substantial portion of its expenses towards music education. The organization's outreach efforts extend beyond the concert hall, reaching out to schools and communities to inspire the next generation of musicians and music lovers.
Through its box office, the San Diego Symphony Orchestra Association showcases an array of performances, receptions, and events, inviting the public to engage with the enchanting world of classical music. The organization's unwavering dedication to music and education enriches the lives of those within its reach, making every note resonate with meaning and purpose.
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Impact
October, 2024
The San Diego Symphony Orchestra Association plays a vital role in enriching the cultural landscape of the region by performing classical music and providing essential educational musical opportunities. Their commitment to transforming lives through music not only entertains but also inspires and nurtures the next generation of musicians and audiences.
Through a diverse array of performances, the Association brings world-class music to San Diego, fostering a deep appreciation for the arts among community members. Additionally, their educational outreach initiatives are pivotal in developing young talent, offering programs that encourage participation and create pathways for future musicians. By integrating these educational aspects into their concert experiences, they ensure that the joy of music reaches a broader audience while also addressing the needs of aspiring artists.
Overall, the impact of The San Diego Symphony Orchestra Association extends beyond mere performance; it cultivates a vibrant musical community that celebrates creativity, learning, and the transformative power of music in everyday life.
This information is meant to be a general summary of The San Diego Symphony Orchestra 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 2024.
- Investment Income: $181,754
- Program Service Revenue: $18,732,212
- Gross Receipts: $96,500,512
Assets and Liabilities:
- Total Assets: $199,800,029
- Total Liabilities: $56,864,360
- Net Assets: $142,935,669
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CONCERT TICKETS
Revenue
$16,429,593
OTHER PERFORMANCE REVENUE
Revenue
$2,302,619
Organization Details
Founding Year
1928
Principal Officer
Martha Gilmer
Website
www.sandiegosymphony.orgNTEE Category
Code: A690 - Arts
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