Overview
What is Portland Conservatory Of Music?
The Portland Conservatory of Music is a thriving nonprofit organization located at 28 Neal Street, Portland, Maine. Its primary objective is to cultivate a vibrant musical community in Portland and its surroundings by offering lessons, concerts, symposiums, and classes. The conservatory has experienced significant growth in enrollment and programs, which include ensembles, classes, private lessons, summer camps, concert series, and an international music festival. With a team of 45 dedicated individuals, the Portland Conservatory actively collaborates with local arts institutions and schools to promote music education and engages with its broader community through regular newsletters and brochures.
Official website here: www.portlandconservatoryofmusic.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 57%, One-Star out of Four Star rating.
The Portland Conservatory of Music has received a low rating of 57% from Charity Navigator, indicating potential concerns in its accountability and financial management. While the organization has strengths in board independence, with all members being independent and a proper number of board members, there are significant weaknesses in key financial reporting areas. The lack of financial statements and missing policies on conflict of interest and document retention raise red flags about the organization's transparency and adherence to best practices.
Additionally, while the organization demonstrates a commendable program expense ratio of 57.41%, reflecting a commitment to its mission, the absence of vital financial documentation limits the reliability of this performance evaluation. It is crucial for potential donors to consider these aspects when assessing the organization's capacity to manage funds effectively and ethically.
Overall, while the Portland Conservatory of Music has some structural strengths, the deficiencies in financial accountability and documentation could impact stakeholder trust and long-term sustainability. Interested parties may want to seek further information or clarification before contributing or engaging with the organization.
This AI summary has been generated from information found on Charity Navigator.
Is Portland Conservatory Of Music legitimate?
Portland Conservatory Of Music is a legitimate nonprofit organization registered as a 501(c)(3) entity. Portland Conservatory Of Music 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.
Heare are some key statistics you may want to consider:
Executive Compensation: $77,037
Professional Fundraising Fees: $0
Other Salaries and Wages: $331,645
For more financial information, click here
Official website here: www.portlandconservatoryofmusic.org
What is the mission statement of Portland Conservatory Of Music?
The Portland Conservatory of Music's mission is centered around enriching numerous generations of musicians. They achieve this by delivering high-quality music education and offering private music lessons to a diverse audience. The conservatory's goal is to promote music education and cultivate a musical community, not just in Portland but also in its surrounding areas. This is accomplished through various means such as lessons, concerts, recitals, symposiums, and classes. The Conservatory has experienced growth in enrollment and programs, which include ensembles, classes, private lessons, summer camps, concert series, and an international music festival. It also produces numerous newsletters and brochures, distributed to its broader community, including students, alumni, friends, and funders. Furthermore, the Portland Conservatory actively seeks collaborations with other arts institutions and schools to strengthen its mission of fostering a vibrant musical life.
Official website here: www.portlandconservatoryofmusic.org
Who is the CEO of Portland Conservatory Of Music?
Allison Page is the President of Portland Conservatory Of Music.
Official website here: www.portlandconservatoryofmusic.org
What is the revenue of Portland Conservatory Of Music?
Portland Conservatory Of Music's revenue in 2023 was $767,437.
Official website here: www.portlandconservatoryofmusic.org
Who are the executives of Portland Conservatory Of Music and what are their salaries?
The average compensation at Portland Conservatory Of Music during 2023 was $9,082. There are 45 employees and 50 volunteers at Portland Conservatory Of Music.
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Official website here: www.portlandconservatoryofmusic.org
Where can I find the form 990 for Portland Conservatory Of Music?
Portland Conservatory Of Music's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.portlandconservatoryofmusic.org
Learn more at the official website: www.portlandconservatoryofmusic.org
Mission Statement of Portland Conservatory Of Music
The Portland Conservatory of Music, a dedicated institution, is committed to enriching various generations of musicians by offering top-notch music education and private music lessons to as wide an audience as possible. Its primary objective is to promote music education and cultivate a musical community in Portland and its surrounding areas. This is achieved through a variety of means, including lessons, concerts, recitals, symposiums, and classes. The Conservatory has experienced significant growth in both enrollment and programs, which include ensembles, classes, private lessons, summer camps, concert series, and an international music festival. The Portland Conservatory actively seeks collaborations with other arts institutions and schools in the area to further its mission of encouraging musical life within the City of Portland.
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Impact
July, 2024
Portland Conservatory Of Music enriches generations of musicians by providing quality music education and private music lessons to a broad audience. The Conservatory promotes music education and fosters a musical community in Portland and the surrounding area through lessons, concerts, recitals, symposiums, and classes. It has experienced growth in enrollment and programs, including ensembles, classes, private lessons, summer camps, concert series, and an international music festival. The Conservatory actively collaborates with other arts institutions and schools in the area to encourage the musical life in the City of Portland.
This information is meant to be a general summary of Portland Conservatory Of Music. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $5,764
- Program Service Revenue: $468,010
- Gross Receipts: $767,437
Assets and Liabilities:
- Total Assets: $1,798,028
- Total Liabilities: $12,757
- Net Assets: $1,785,271
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Concert Tickets
Revenue
$13,214
Tuition Fees
Revenue
$454,796
Organization Details
Founding Year
1995
Phone
(207) 775-3356Principal Officer
Allison Page
Main Address
28 Neal Street, Portland, ME, 04102
NTEE Category
Code: A6E0 - Arts
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