Mission:

THE MISSION OF THE ANNAPOLIS SYMPHONY ORCHESTRA IS TO PRODUCE, PRESENT AND PROMOTE MEMORABLE SYMPHONIC MUSIC THAT INCREASES AWARENESS, ENJOYMENT, AND APPRECIATION OF MUSIC FOR ... (More)


 www.annapolissymphony.org
 |  801 CHASE STREET ANNAPOLIS MD 21401

Annapolis Symphony Orchestra Association Inc. is headquartered in ANNAPOLIS, MD, and is a 501(c)(3) organization. EIN: 23-7001357.  Donations are tax-deductible. The IRS' NTEE classification is Symphony Orchestras within the Arts, Culture and Humanities category. The IRS ruling year for tax exemption was 1969.

(Source: IRS Business Master File and Form 990)


...  ...  ...  ...  

Encompass Rating System by Charity Navigator


Charity Navigator’s Encompass Rating System evolves on a quarterly basis as we add new measures and indicators, which we call Beacons. Check back often to see how this organization’s score changes.

Learn about the Encompass Rating System: Announcement | FAQ | Release Notes


Overall Score
BETA

100

out of 100

This charity's score is a passing score.

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This organization is potentially eligible for a Charity Navigator Star Rating. Vote Now to request to have our analyst team rate Annapolis Symphony Orchestra Association Inc. for a Star Rating. The organization currently has 1 vote.

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...   Finance & Accountability


Charity Navigator evaluates a nonprofit organization’s financial health including measures of stability, efficiency and sustainability. We also track accountability and transparency policies to ensure the good governance and integrity of the organization.


Finance & Accountability Score
BETA

100

out of 100

This charity's score is a passing score

This Beta V1 of Finance Score provides a baseline measure of an organization’s health including the indicators listed in the report below.

This score represents Form 990 data from latest filing year 2019.



Finance & Accountability Rating Highlights

Higher Effect on Score

24/24

Independent Board Composition

We look for at least 3 board members, with more than 50% of members identified as independent.

Lower Effect on Score

13.69%

Liabilities to Assets Ratio

We look for a ratio less than 50%.

No Effect on Score

$1,804,242

Total Revenue

We do not evaluate revenue amounts or sources in Beta V2. An organization’s size can affect whether and how we evaluate other indicators.


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Finance & Accountability Report

100

of 100 points (BETA)

This beta feature is currently viewable only on desktop or tablet screens. Check back later for updates.

Overview

Overview

The Finance and Accountability Score provides a basic measure for organizational health. At this time, it comprises 100% of a charity's Overall Score.

Program Expense Ratio

82.47%

Higher effect on score

More data  


The Program Expense Ratio is determined by Program Expenses divided by Total Expense (average of most recent three 990s).


For a passing score, Charity Navigator looks for a ratio of 70% or higher. Charities in the 50%-70% range receive zero points for their Program Expense Ratio score. Charities that fall below 50% will receive zero points for both of their financial metric scores, Program Expense Ratio AND Liabilities to Assets Ratio.


Source: IRS Form 990

Board Composition

24/24 Independent

Higher effect on score


Charity Navigator looks for at least 3 board members, with more than 50% of those members identified as independent.


Source: IRS Form 990

Independent Review/Financial Audit

Audited

Higher effect on score


For organizations larger than $1million in total revenue we expect to see that the charity completed an audit.


This indicator is not part of the score for organizations less than $250k in total revenue and is removed from the scoring methodology.


For charities under $1 million but over $250K in total revenue we expect to see that the charity completed an Audit, Review or Compilation.


Source: IRS Form 990

Liabilities to Assets Ratio

13.69%

Lower effect on score


The Liabilities to Assets Ratio is determined by Total Liabilities divided by Total Assets (most recent 990).


Charity Navigator looks for a ratio less than 50%.


Source: IRS Form 990

Website Listed

Listed

Lower effect on score


Charity Navigator looks for a website on the Form 990 as an accountability and transparency measure.


Nonprofits act in the public trust and reporting publicly on activities is an important component


Source: IRS Form 990

Additional Information

Unscored

This beta feature is currently viewable only on desktop or tablet screens. Check back later for updates.

Data Sources

Data Sources: IRS Forms 990

The IRS Form 990 is the source of the finance and accountability data used within the Encompass Rating System. When an organization is eligible for a Finance & Accountability beacon score, each metric is based on elements of the 990. Some metrics are based on the most recent available filing, while others are based on averages of values over multiple years. We provide links to all available 990s here, whether or not this organization is eligible for a Finance & Accountability score.

IRS Forms 990 are provided courtesy of Foundation Center.

Total Revenue and Expenses

This chart displays the trend of revenue and expenses over the past several years for this organization, as reported on their IRS Form 990.

Note: This data is only available if this charity has at least one year of e-file Form 990 data.

...   Impact & Results


Charity Navigator assesses how well a nonprofit delivers on its mission. To issue an Impact & Results score, we estimate the actual impact a nonprofit has on the lives of those it serves, and determine whether it is making good use of donor resources to achieve that impact.


No Score

We have not issued this nonprofit an Impact & Results score. This does not indicate a positive or negative assessment, only that we have not reached a conclusion for one of the following reasons:

  • The nonprofit is eligible for a score, but we have not yet gotten to scoring it.

  • The nonprofit is eligible for a score, but we have not yet developed the specific algorithms to estimate the impact of the type of service it delivers and so cannot issue a score yet.

  • The nonprofit does not primarily deliver services directly to beneficiaries or it is not reasonable to expect the nonprofit to measure impact for its primary activity. The impact analysis framework that we use is not well suited to these nonprofits.

  • The nonprofit is not heavily reliant on individual donors because beneficiaries fund a majority of its costs or it does not receive any private charitable contributions.

Learn more about how we rate nonprofits.

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Additional Information

Unscored

This beta feature is currently viewable only on desktop or tablet screens. Check back later for updates.

Largest Programs

Largest Programs



Annapolis Symphony Orchestra Association Inc. reported its three largest programs on its FY 2019 Form 990 as:


$1,099,337

Spent in most recent FY

78%

Percent of program expenses


THE CORE PROGRAMMING OF THE ASO IS CENTERED AROUND THE MASTERWORKS SERIES, FIVE PROGRAMS (TWO PERFORMANCES EACH), FEATURING SYMPHONIC REPERTOIRE FROM VARIOUS PERIODS OF MUSIC HISTORY, AND USUALLY FEAT ... (More)


$266,469

Spent in most recent FY

19%

Percent of program expenses


COMPLEMENTING THE MASTERWORKS SERIES IS THE ASO HOLIDAY POPS CONCERT. THE 2018-2019 HOLIDAY POPS CONCERT, A WINTERS HEART CELTIC MUSIC CELEBRATION, FEATURED THE ACCLAIMED VOCALIST, CATHIE RYAN. THE CO ... (More)


$29,379

Spent in most recent FY

2%

Percent of program expenses


A KEY COMPONENT OF THE ASO IS ITS EDUCATION AND OUTREACH PROGRAMS. IN 2018-19, THE ASO CONTINUED ITS PROGRAMMING FOR YOUTH AND FAMILY AUDIENCES WITH FOUR EDUCATION CONCERTS PERFORMED FOR SECOND GRADER ... (More)


GuideStar Seal of Transparency

Gold


GuideStar is Charity Navigator's trusted partner in sharing information on how this organization seeks impact. GuideStar has recognized this organization with a Gold Seal of Transparency for voluntarily and publicly describing their goals, strategies, and accomplishments. Click here for more information.

Note: GuideStar Seals do not effect the nonprofit’s Impact & Results Score.


What is your organization aiming to accomplish?

1. Sustain and strengthen Masterworks season, including guest artists and our own Master Musician sponsorship program. 2. Establish the Annapolis Symphony Chamber Series as an annual series. 3. Sustain annual Strathmore performances and diversify funding. 4. Integrate visual arts into the concert experience (before, during, after, around). 5. Find a home away from home—or several. 6. Deepen key collaborations with the Annapolis Opera and the US Naval Academy Glee Club. 7. Commission a new symphonic work of enduring significance and wide appeal. 8. Broadcast Symphony concerts locally and nationally. 9. Plan a unique and locally distinctive Pops concert experience with local artists. 10. Plan a European tour for the entire orchestra.


What are your strategies for making this happen?

Each goal above has its own s


What are your organization's capabilities for doing this?

Our current array of board, musicians, management (including fundraising), staff, and donor community is already well along in putting these priorities into action. Some additional staff may be hired to speed up fundraising.


How will your organization know if you are making progress?

Each priority is either concrete and achievable in itself, or has identified milestones associated with it. Tracking completion of artistic and educational projects on time and on budget is the chief measure.


What have and haven't you accomplished so far?

Substantial progress has been achieved, especially with regard to Academy, chamber series, guest artists, Strathmore progress, visual arts, and Naval Academy collaborations. Details available from Executive Director upon request for constituents and stakeholders.



GlobalGiving


GlobalGiving Badge not earned

GlobalGiving is the largest global crowdfunding community connecting nonprofits, donors, and companies in nearly every country. For donors, GlobalGiving provides an additional layer of vetting and due diligence for each of its nonprofit partners every two years, which may include site visit verification. Learn more about GlobalGiving.

Note: GlobalGiving Badges do not effect the nonprofit’s Impact & Results score.


...   Leadership & Adaptability


Charity Navigator will provide an assessment of the organization’s leadership capacity, strategic planning, and the ability to readily innovate or respond to changes in constituent demand/need or other relevant social and economic conditions to achieve the organization’s mission.


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...   Culture & Community


Charity Navigator will provide an assessment of the organization’s people operations, connectedness and engagement with the constituents and communities served, and Diversity, Equity and Inclusion measures.


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