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Oakleaf Endowment Trust For The Minnesota Orchestra

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 416429379 ✦ Minneapolis, MN ✦ Designated as a 501(c)(3)

Overview

What is Oakleaf Endowment Trust For The Minnesota Orchestra?

The Oakleaf Endowment Trust for the Minnesota Orchestra is a nonprofit organization located in Minneapolis, Minnesota, with the address 80 S 8th St STE 4200. This trust's primary objective is to support the Minnesota Orchestra by providing grants that aid in the organization's daily operations and quality enhancement. The trust also assists the orchestra in strategizing and procuring renowned guest artists, planning festivals, and organizing tours. The endowment revenue comes from contributions and investment income.


Is Oakleaf Endowment Trust For The Minnesota Orchestra legitimate?

Oakleaf Endowment Trust For The Minnesota Orchestra is a legitimate nonprofit organization registered as a 501(c)(3) entity. Oakleaf Endowment Trust For The Minnesota Orchestra 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.

Here are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


What is the mission statement of Oakleaf Endowment Trust For The Minnesota Orchestra?
Who is the CEO of Oakleaf Endowment Trust For The Minnesota Orchestra?
What is the revenue of Oakleaf Endowment Trust For The Minnesota Orchestra?
Who are the executives of Oakleaf Endowment Trust For The Minnesota Orchestra and what are their salaries?
Where can I find the form 990 for Oakleaf Endowment Trust For The Minnesota Orchestra?

Mission Statement of Oakleaf Endowment Trust For The Minnesota Orchestra

The Oakleaf Endowment Trust for the Minnesota Orchestra is a charitable organization dedicated to ensuring the long-term excellence of the Minnesota Orchestra. Its mission is to establish a substantial endowment that will enable the orchestra to maintain and enhance its world-class status. By raising funds through contributions and investment income, the trust assists the orchestra in its daily operations and plays a vital role in helping it develop strategies for securing renowned guest artists, planning festivals, and organizing tours. With the endowment's support, the Minnesota Orchestra continues to captivate audiences and uphold its reputation as a premier musical ensemble.

Impact

This information is meant to be a general summary of Oakleaf Endowment Trust For The Minnesota Orchestra. Please take the time to review official sources before making any decisions based upon the content provided here.




Thursday, August 15, 2024

The Oakleaf Endowment Trust For The Minnesota Orchestra plays a pivotal role in supporting and sustaining the operations of the Minnesota Orchestra. By providing grants and assistance, the trust helps maintain and enhance the quality of the orchestra's performances. Additionally, the trust collaborates with the orchestra to develop strategies for securing top-tier guest artists, organizing festivals, and planning tours. Through contributions and investment income, the trust builds an endowment that ensures the long-term success and vibrancy of the Minnesota Orchestra, ultimately enriching the cultural landscape of Minneapolis and beyond.





Financials

This financial information is from Propublica.

Revenue
Expenses
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $2,863,794
  • Program Service Revenue: $0
  • Gross Receipts: $29,975,045

    • Assets and Liabilities:
  • Total Assets: $102,788,054
  • Total Liabilities: $0
  • Net Assets: $102,788,054
  • Organization Details

    Founding Year

    1997

    Principal Officer

    Mary Sumners

    Main Address

    80 S 8TH ST STE 4200, MINNEAPOLIS, MN, 554022223

    NTEE Category

    Code: A110 - Arts

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