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Australian Chamber Orchestra Pty Ltd

Charity detailed scoring and metrics

Transparency
This charity is up-to-date on the ACNC, and has financial reports available. It has recent and historic annual reports available on its website. It does not have a privacy policy available.
Finances
This charity has more assets than liabilities, and has asset coverage of 42 months of expenses. It has made 1 losses in the last five years.
Outcomes
This charity has not yet added outcomes
This charity is yet to add outcomes or an outcome measurement methodology to the ChangePath platform.
Contents
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About this organisation

Summary of activities

Our principal activity is to encourage, promote and support the Australian Chamber Orchestra and it's performing activities and other activities to a large and diverse domestic and international audience as possible. 2022 will perhaps be remembered as the year that the ACO embarked on its greatest adventure yet. The ACO moved into its first permanent home, the spectacular Pier 2/3 premises at the Walsh Bay Arts Precinct. Our move to Pier 2/3 represented a new chapter for the ACO, filled with an abundance of opportunities and creative and collaborative potential. The ACO team dramatically expanding our traditional audience offerings to include ACO Up Close series which shone a spotlight on the exceptional talents of our Principal musicians, our ACO Relaxed Concerts, which presented the ACO s mainstage concerts within a flexible setting tailored to those for whom a traditional concert experience may be inaccessible, broadcasting digital streams live from our very own concert hall, regular school holiday programs and workshops for young audiences, and inviting our friends and collaborators from across the globe to give concerts in this magnificent space. Following what were undoubtably the most devastating and disruptive 2 years for the performing arts industry, the ACO resumed its touring activities with gusto in 2022, performing a record 227 concerts to audiences across Australia and abroad. ACO made a welcome return to international touring, performing concerts in residence at Berlin s Pierre Boulez Saal and at London s Barbican Centre. 2022 was also the year that Richard Tognetti and the Orchestra premiered River, our much-anticipated cinematic collaboration. We are delighted with the recognition that Richard Tognetti s score for the production has received, with the River soundtrack receiving the 2022 ARIA Award for Best Original Soundtrack Album, 2022 AACTA Award for Best Original Score in a Documentary and 2022 APRA-AMCOS Screen Music Award for Best Soundtrack Album. The ACO s Learning & Engagement program had a remarkable year. Due to the incredible facilities and spaces at ACO Pier 2/3, we were able to expand our award-winning ACO Families series, creating, producing and premiering two new ACO Families shows in 2022, How to Catch a Star and Dear Santa. In addition, we remounted our sell-out show There s a Sea in my Bedroom, which, following an opening run at ACO Pier 2/3, embarked on a 60-concert tour across regional venues in Queensland, New South Wales and Victoria. We are proud to share that these three ACO Families shows were seen by over 13,000 young people and their families in 2022, almost all of which were first-time audiences to the ACO. In addition, over 12,000 hours of music education and mentoring activities were delivered by the ACO to 300 young people and developing musicians last year, through ACO's early years, talent development and community engagement programs.

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Outcomes

Outcomes are self-reported by charities

This charity is yet to add outcomes or an outcomes measurement methodology to ChangePath.

Programs and activities

Finances

What is this?

This graph shows how much revenue (money in) and expenses (money out) the charity has had each year over the last few years. Charities have many sources of revenue, such as donations, government grants, and services they sell to the public. Similarly, expenses are everything that allows the charity to run, from paying staff to rent.

What should I be looking for?

First off, this graph gives a general indication of how big the charity is - charities range in size from tiny (budgets of less than $100,000) to enormous (budgets more than $100 million). You're also looking for variability - if the charity's revenue and expenses are jumping up and down from year to year, make sure there's a good reason for it.

Unlike companies, charities and not-for-profits aren't on a mission to make money. However, if they spend more than they receive, eventually they will go into too much debt and run into trouble. As a very general rule, you want revenue to be slightly above expenses. If expenses is reliably above revenue, the charity is losing money. If revenue is much larger than expenses, it means the charity might not be using its resources effectively. It isn't always that simple, however, and there's a lot of reasons a charity might not follow this pattern. They might be saving up for a big purchase or campaign, or they might have made a big one-off payment. If you're worried, always look at the annual and financial reports to understand why the charity is making the decisions it is.

Transparency

Scoring detail

Details

Charity ACNC information last updated: 2023-10-29
Charity website information last updated: 2024-01-20
Charity information updated by charity: No