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New School Of Music Inc

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

EIN: 042598978 ✦ Cambridge, MA ✦ Designated as a 501(c)(3)

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Overview

What is New School Of Music Inc?

New School of Music Inc, situated at 25 Lowell Street, Cambridge, MA 02138, is a thriving community music school. With a dedicated team of 33 individuals, it offers comprehensive music instruction in various forms to approximately 325 students. The school's mission is to provide high-quality music education, catering to students of all ages, levels of training, and financial means. Their curriculum spans across classical, jazz, pop, and world music genres, ensuring a diverse and enriching experience for every student. The school's primary focus is on delivering top-notch music instruction, thereby widening the accessibility of music to a broad spectrum of individuals.


Official website here: www.newschoolofmusic.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 69%, Two-Star out of Four Star rating.

New School of Music Inc has received a 69% score, resulting in a Two-Star rating. This indicates that while the organization demonstrates some strong practices, there are areas for improvement, particularly in transparency and accountability. The organization has a fully independent board and exhibits strong financial oversight, with no material diversion of assets reported.

However, the nonprofit faces significant limitations concerning its policies. Key governance documents, including a conflict of interest policy, a whistleblower policy, and a document retention policy, are missing, which impacts its overall accountability score. Additionally, there are issues with the availability of tax forms on the nonprofit's website, further indicating a need for improved transparency.

The program expense ratio stands at 58.35%, suggesting that a majority of its expenses are directed towards its programs. While this is a positive sign of commitment to its mission, the overall lack of necessary governance policies and public financial information may hinder donor confidence and engagement.


This AI summary has been generated from information found on Charity Navigator.

What do the Facebook reviews say about New School Of Music Inc?

86% of the 9 reviewers on Facebook recommend New School of Music Inc. Here’s a summary of their insights:

Many patrons express a strong appreciation for the school, highlighting it as a wonderful resource within their community. The positive atmosphere and supportive environment have been particularly noted, making it an attractive choice for music education.

Overall, the sentiment is favorable, with users feeling satisfied with the services provided by the school. The organization appears to be well-regarded and is perceived to meet the musical needs of its students effectively.


This AI summary has been generated from reviews found on Facebook.

Is New School Of Music Inc legitimate?

New School Of Music Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. New School Of Music Inc 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $362,718

For more financial information, click here


Official website here: www.newschoolofmusic.org

What is the mission statement of New School Of Music Inc?

The New School of Music Inc is committed to delivering high-quality music instruction and access to a diverse range of musical forms. This includes classical, jazz, pop, and world music, catering to students of all ages and levels of training, regardless of their financial means. The organization serves approximately 325 students by offering instruction in voice and instruments. Its mission is to provide a nurturing environment where music enthusiasts can grow and express themselves through their passion for music.


Official website here: www.newschoolofmusic.org

Who is the CEO of New School Of Music Inc?

Anne Riesenfeld is the Executive Di of New School Of Music Inc.


Official website here: www.newschoolofmusic.org

What is the revenue of New School Of Music Inc?

New School Of Music Inc's revenue in 2022 was $531,553.


Official website here: www.newschoolofmusic.org

Who are the executives of New School Of Music Inc and what are their salaries?

The average compensation at New School Of Music Inc during 2022 was $10,991. There are 33 employees and 10 volunteers at New School Of Music Inc.


Here are 5 key members and their salaries:


Caroline Drozdiak (Executive Di)
  • Compensation: $47,750
  • Related: $0
  • Other: $0
Anne Riesenfeld (Executive Di)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alyssa Lee (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dorothy Miller (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Linda Aglio (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.newschoolofmusic.org

Where can I find the form 990 for New School Of Music Inc?

New School Of Music Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.newschoolofmusic.org

Learn more at the official website: www.newschoolofmusic.org

Mission Statement of New School Of Music Inc

New School of Music Inc, a community music school, is dedicated to providing high-quality music instruction and access to a diverse range of musical forms. This nonprofit organization caters to students of all ages and levels of training, regardless of their financial means. The curriculum encompasses various musical genres, including classical, jazz, pop, and world music. By offering instruction in voice and instruments, New School of Music Inc strives to make music education accessible and inclusive, fostering a love for music in its learners.

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Impact




July, 2024

New School Of Music Inc has a significant impact on the community by providing high-quality music instruction and access to a variety of musical forms for students of all ages and financial means. With approximately 325 students enrolled, this community music school in Cambridge, MA, offers instruction in voice and various instruments, including classical, jazz, pop, and world music. By fulfilling its mission to provide accessible music education, New School Of Music Inc contributes to the enrichment of individuals' lives through the arts.




This information is meant to be a general summary of New School Of Music Inc. 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.

Revenue
$531,553 (2022)
Expenses
$524,904 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $32
  • Program Service Revenue: $454,359
  • Gross Receipts: $531,553

Assets and Liabilities:

  • Total Assets: $415,993
  • Total Liabilities: $192,644
  • Net Assets: $223,349

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

STUDENT TUITION

Revenue

$452,630

OTHER

Revenue

$1,729

Organization Details

Founding Year

1976

Principal Officer

Anne Riesenfeld

Main Address

25 LOWELL ST, CAMBRIDGE, MA, 02138

NTEE Category

Code: A6E0 - Arts

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