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Arts, Culture, Humanities : Performing Arts
Board Leadership
Edward Manno Shumsky
Chairman
CEO
Howard Herring
President and CEO
|
The mission of the New World Symphony (NWS) is to prepare highly gifted graduates of distinguished music programs for leadership roles in orchestras and ensemble groups throughout the world. NWS is dedicated to the artistic, personal, and professional development of outstanding instrumentalists. The NWS fellowship program provides highly gifted graduates of music programs at leading colleges, universities, and conservatories the opportunity to enhance their musical education with the finest professional training. Through a wide range of performance and experiential instruction activities, NWS seeks to develop in its participants the full complement of skills and qualifications required of twenty-first century musicians. Under the artistic direction of Michael Tilson Thomas, the program offers in-depth exposure to both traditional and modern repertoire, with the active involvement of leading guest conductors, soloists, and coaches.
The mission of the New World Symphony (NWS) is to prepare highly gifted graduates of distinguished music programs for leadership roles in orchestras and ensemble groups throughout the world. NWS is dedicated to the artistic, personal, and professional development of outstanding instrumentalists. The NWS fellowship program provides highly gifted graduates of music programs at leading colleges, universities, and conservatories the opportunity to enhance their musical education with the finest professional training. Through a wide range of performance and experiential instruction activities, NWS seeks to develop in its participants the full complement of skills and qualifications required of twenty-first century musicians. Under the artistic direction of Michael Tilson Thomas, the program offers in-depth exposure to both traditional and modern repertoire, with the active involvement of leading guest conductors, soloists, and coaches.
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85.87
100.00
Program Expenses (Percent of the charity's total expenses spent on the programs and services it delivers) |
77.6% | |
Administrative Expenses | 10.0% | |
Fundraising Expenses | 12.2% | |
Fundraising Efficiency | $0.18 | |
Working Capital Ratio (years) | 7.48 | |
Program Expenses Growth | < 0.1% | |
Liabilities to Assets | 8.9% |
Charity Name & State | Overall Score | Overall Rating |
---|---|---|
New World Symphony (FL) | 90.00 | |
Academy of American Poets (NY) | 94.22 | |
The Sphinx Organization (MI) | 91.33 | |
Theatre Communications Group (NY) | 90.63 | |
Young Concert Artists (NY) | 85.01 |
REVENUE | |
Contributions | |
Contributions, Gifts & Grants | $7,539,553 |
Federated Campaigns | $0 |
Membership Dues | $0 |
Fundraising Events | $2,362,117 |
Related Organizations | $0 |
Government Grants | $3,917,552 |
Total Contributions | $13,819,222 |
Program Service Revenue | $1,982,451 |
Total Primary Revenue | $15,801,673 |
Other Revenue | $2,594,812 |
TOTAL REVENUE | $18,396,485 |
EXPENSES | |
Program Expenses | $16,037,450 |
Administrative Expenses | $1,909,957 |
Fundraising Expenses | $3,104,411 |
TOTAL FUNCTIONAL EXPENSES | $21,051,818 |
Payments to Affiliates | $0 |
Excess (or Deficit) for the year | $-2,655,333 |
Net Assets | $234,620,452 |
Program names and associated costs are listed for the top programs as reported on the charity's most recently filed Form 990. The top programs displayed will include the largest three programs, or those programs covering at least 60% of the charity's total expenses, whichever comes first.
Program Name | Amount Spent | % of Program Expenses |
---|---|---|
The Fellowship Program | $7,055,826 | 44.0% |
Audience Research and Development | $6,895,466 | 43.0% |
Community Engagement | $160,360 | 1.0% |
Form 990 FYE | Date Published | Overall Score | Overall Rating | ||||||
---|---|---|---|---|---|---|---|---|---|
CN 2.1 | |||||||||
2019-06 | 05/01/2020 | 90.00 | |||||||
2018-06 | 06/01/2019 | 90.22 | |||||||
2017-06 | 07/01/2018 | 92.39 | |||||||
2016-06 | 08/01/2017 | 89.29 | |||||||
2015-06 | 08/01/2016 | 91.10 | |||||||
2014-06 | 06/01/2016 | 91.62 | |||||||
CN 2.0 | |||||||||
2014-06 | 11/01/2015 | 85.42 | |||||||
2013-06 | 03/01/2015 | 92.25 | |||||||
2012-06 | 12/01/2013 | 92.22 | |||||||
2011-06 | 09/01/2012 | 85.55 | |||||||
2010-06 | 09/20/2011 | 80.18 | |||||||
CN 1.0 | |||||||||
2009-06 | 11/01/2010 | 69.31 | |||||||
2008-06 | 10/01/2009 | 87.31 | |||||||
2007-06 | 08/01/2008 | 88.17 | |||||||
2006-06 | 10/01/2007 | 94.41 | |||||||
2005-06 | 11/01/2006 | 92.58 | |||||||
2004-06 | 09/01/2005 | 80.26 | |||||||
2003-06 | 10/01/2004 | 69.96 | |||||||
2002-06 | 08/01/2003 | 80.86 | |||||||
2001-06 | 10/15/2002 | 91.03 |
The data displayed on this tab is provided by the IRS in the form of Publication 78 and the Business Master File (BMF).
EIN | 59-2809056 |
Name in IRS Master File | NEW WORLD SYMPHONY INC |
NTEE Code | B40 |
NTEE Classification | Higher Education Institutions |
NTEE Type | Educational Institutions and Related Activities |
Classification | Educational Organization |
Subsection | 501(c)(3) (View the list of codes) |
Activities | (90) Cultural performances (126) Apprentice training (119) Other cultural or historical activities |
Foundation Status | School 170(b)(1)(A)(ii) |
Deductibility | Contributions are deductible |
Affiliation | Independent - the organization is an independent organization or an independent auxiliary (i.e., not affiliated with a National, Regional, or Geographic grouping of organizations). |
Group Name | [Not Applicable] |
Ruling Date | December, 1987 |
Filing Requirement | 990 (all other) or 990EZ return |
Fiscal Year End | June |
IRS Forms 990 (provided courtesy of Foundation Center) |
(Log In or Register Now to View Forms 990!)
|
Compensation | % of Expenses | Paid to | Title | |
---|---|---|---|---|
$250,000 | 1.18% | Howard Herring | President, CEO |
Charity Name & State | Overall Score | Overall Rating |
---|---|---|
New World Symphony (FL) | 90.00 | |
HERE (NY) | 90.58 | |
Chamber Music America (NY) | 89.25 | |
Herbie Hancock Institute of Jazz (DC) | 87.54 | |
MusiCares (CA) | 93.92 |
This charity has an official representative registered with Charity Navigator.
New World Symphony
500 17th Street
Miami Beach,
FL 33139
tel: (800) 597-3331
fax: (305) 673-6749
EIN: 59-2809056
Edward Manno Shumsky
Chairman
Howard Herring
President and CEO
Charity Navigator
299 Market Street Suite 250
Saddle Brook, NJ 07663
EIN: 13-4148824
BRIDGE ID: 3108588923