Overview
What is Southwestern Youth Music Festival?
The Southwestern Youth Music Festival is a nonprofit organization that actively fosters a passion for music among young individuals. By organizing a music festival, they provide a platform for student competition across different musical categories. This festival serves as an excellent means to stimulate and nurture the interest in music within the youth community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 53% (One-Star out of Four Stars)
The Southwestern Youth Music Festival received a One-Star rating from Charity Navigator, reflecting significant concerns about its accountability and financial practices. With a score of 53%, the organization has no independent board members and is missing several critical policies, including those for conflict of interest and whistleblowing. While it has demonstrated a strong program expense ratio of 70.38%, which indicates a focus on its mission-driven activities, the lack of transparency in governance raises red flags.
Strengths of the organization include its effective allocation of program expenses, suggesting that funds are primarily devoted to its core mission of youth music education. Furthermore, the organization has maintained a perfect score regarding material diversion of assets and a favorable liabilities to assets ratio, indicating sound financial management in these areas. However, the absence of key governance documents and policies detracts from their overall accountability.
Overall, while the Southwestern Youth Music Festival displays commitment to its programming, the governance issues highlighted by Charity Navigator's assessment suggest a need for improvement in transparency and board independence. Without addressing these shortcomings, the organization's credibility and long-term sustainability may be at risk.
This AI summary has been generated from information found on Charity Navigator.
Is Southwestern Youth Music Festival legitimate?
Southwestern Youth Music Festival is a legitimate nonprofit organization registered as a 501(c)(3) entity. Southwestern Youth Music Festival 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: $27,490
For more financial information, click here
What is the mission statement of Southwestern Youth Music Festival?
The Southwestern Youth Music Festival's mission is centered around fostering an interest in music among young individuals. In pursuit of this goal, the festival organizes a comprehensive music event that encourages student participation and competition across various music categories. By presenting this festival, the Southwestern Youth Music Festival aims to stimulate and nurture the passion for music among its youthful audience.
Who is the CEO of Southwestern Youth Music Festival?
Sue Scofield is the President of Southwestern Youth Music Festival.
What is the revenue of Southwestern Youth Music Festival?
Southwestern Youth Music Festival's revenue in 2022 was $131,428.
Who are the executives of Southwestern Youth Music Festival and what are their salaries?
The average compensation at Southwestern Youth Music Festival during 2022 was $13,745. There are 2 employees at Southwestern Youth Music Festival.
Here are 7 key members and their salaries:
- Compensation: $2,070
- Related: $0
- Other: $0
- Compensation: $2,070
- Related: $0
- Other: $0
- Compensation: $3,170
- Related: $0
- Other: $0
- Compensation: $2,070
- Related: $0
- Other: $0
- Compensation: $11,900
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Southwestern Youth Music Festival?
Southwestern Youth Music Festival's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Southwestern Youth Music Festival
The Southwestern Youth Music Festival is an organization committed to fostering a passion for music among young individuals. Its primary mission is to stimulate interest in music among the youth. To achieve this, the festival organizes a comprehensive music event that incorporates student competitions across various musical categories. This event serves as a platform for young musicians to showcase their talents and skills, thereby promoting their interest in music.
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 Southwestern Youth Music Festival significantly enhances youth engagement with music through its annual festival that fosters both competition and camaraderie among young musicians. By providing a platform for student performers across various music categories, the festival not only showcases their talents but also encourages a deeper appreciation for the arts. Participants gain invaluable experience, exposure, and confidence, cultivating skills that contribute to their personal and artistic growth. The festival's emphasis on competition also promotes a spirit of excellence, motivating students to refine their craft while enjoying the collective energy of their peers. Ultimately, the Southwestern Youth Music Festival plays a crucial role in inspiring the next generation of musicians and nurturing a vibrant musical community in Torrance, CA, and beyond.
This information is meant to be a general summary of Southwestern Youth Music Festival. 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
- Program Service Revenue: $107,468
- Gross Receipts: $131,428
Assets and Liabilities:
- Total Assets: $45,903
- Total Liabilities: $0
- Net Assets: $45,903
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MUSIC FESTIVAL
Revenue
$107,468
Organization Details
Founding Year
1965
Phone
(310) 398-1497Principal Officer
Sue Scofield
Main Address
PO BOX 10342, TORRANCE, CA, 905051242
NTEE Category
Code: A68 - Arts
If you are a representative of Southwestern Youth Music Festival 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.