Charity Navigator Logo
    Sign in Nonprofit Resources Support Charity Navigator
    Charity Navigator Logo

    Error attempting donation

    You're too fast!

    Your donation attempt encountered a problem. Please refresh the page to try again.

    You're faster than our page! Give the page a little longer to finish loading and try your donation again.

    La Jolla Music Society
    Proceed with Increased Caution
    Impact & Measurement
    Accountability & Finance
    Culture & Community
    Leadership & Adaptability

    La Jolla Music Society

     
    Is this your nonprofit?
    501(c)(3) organization
    Donations are tax-deductible
    TheConrad.org
    7600 FAY AVE
    La Jolla CA 92037-4841

    La Jolla CA | IRS ruling year: 1971 | EIN: 23-7148171  
    An EIN is a unique nine-digit number that identifies a business for tax purposes.
     
    Organization Mission
    TO ENHANCE CULTURAL LIFE AND ENGAGEMENT BY PRESENTING AND PRODUCING A WIDE RANGE OF PROGRAMMING OF THE HIGHEST ARTISTIC QUALITY, AND TO MAKE THE CONRAD PREBYS PERFOR ... (More)
     

    Rating Information

    rating
    Great

    This charity's score is 97%, earning it a Four-Star rating.

    This overall score is calculated entirely from a single beacon score, weighted as follows: 100% Accountability & Finance. Learn more about our criteria and methodology.

    Historical Ratings
    Proceed with Increased Caution—Confirmed Embezzlement

    On February 23, 2022, The San Diego Union-Tribune reported on a material diversion of assets confirmed to have taken place at [CHARITY NAME] in an article titled, "Former La Jolla Music Society finance director pleads guilty to embezzlement." For more information regarding this matter, please see The San Diego Union-Tribune article.

    • On August 4, 2022, NBC San Diego published an article titled "Ex-La Jolla Music Society Finance Director Sentenced for Embezzling $650K." For more information, please see NBC San Diego article

    For more information about our alerts methodology, see here.

    Rating Report

    Accountability & Finance
    Score

    97

    Most Recent Fiscal Year:
    FY 2022
    This beacon provides an assessment of a charity's financial health (financial efficiency, sustainability, and trustworthiness) and its commitment to governance practices and policies.
    Learn more

    Key Accountability Metrics

    Full Credit
    Partial Credit
    No Credit
    Majority Independent Board Members - 100% independent members
    10 out of 10 points
    Independent Board Size - 31 independent members
    10 out of 10 points
    Financial Statements - Audit and Oversight Committee
    20 out of 20 points
    Material Diversion of Assets - None
    20 out of 20 points

    Tax Form Disclosures and Policies

    Full Credit
    Partial Credit
    No Credit
    Website Listed on Tax Form - Listed
    5 out of 5 points
    Conflict of Interest Policy - Listed
    5 out of 5 points
    Whistleblower Policy - Listed
    5 out of 5 points
    Document Retention and Destruction - Listed
    5 out of 5 points
    Documents Board Meeting Minutes - Yes
    5 out of 5 points
    Tax Form Distributed to Board Before Filing - Listed
    5 out of 5 points
    Loans to/from Officers - None
    5 out of 5 points

    Website Disclosures

    Full Credit
    Partial Credit
    No Credit
    Tax Form Posted on Nonprofit's Website - Missing
    0 out of 5 points

    Financial Metrics

    Full Credit
    Partial Credit
    No Credit
    Liabilities to Assets: Ratio - 1.12%
    25 out of 25 points
    Program Expense: Ratio - 79.03%
    25 out of 25 points
    Fundraising Efficiency: Ratio - $0.11
    25 out of 25 points
    Working Capital: Ratio - 11.89 years
    25 out of 25 points

    Additional Information

    Total Revenue and Expenses - Data Available
    Salary of Key Persons - Data Available
    IRS Published Data (Business Master File) - Data Available
    Data Sources (IRS Forms 990) - Data Available