Overview
What is Groton Hill Music Inc?
Groton Hill Music Inc is a Massachusetts-based nonprofit organization located at 122 Old Ayer Road, Groton. With a faculty of professional artists and educators, they offer music education to approximately 1,200 students of all ages and abilities through private instruction, group lessons, and ensembles, covering various genres like classical, jazz, folk, popular, Celtic, and traditional music. Committed to affordability, they provide $54,597 in scholarship aid. Their mission is to share the transformative power of music by teaching, performing, and giving music generously whenever needed. Groton Hill Music Inc employs a team of 106 individuals.
Official website here: www.grotonhill.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97% (Four-Star out of Four Star rating)
Groton Hill Music Inc has achieved an impressive 97% score on Charity Navigator, indicating a high level of accountability and financial health. This rating is significant as it reflects the organization's commitment to transparency and effective governance, with a fully independent board of 17 members and robust financial oversight measures in place.
The organization excels in several key areas, including a program expense ratio of 89.7%, which indicates that a substantial portion of its funding is directed towards its mission-related activities. Additionally, Groton Hill Music Inc demonstrates exceptional fundraising efficiency, spending only one cent to raise each dollar, highlighting its effective use of resources.
Despite the positive rating, it is important to consider that the score is based solely on accountability and finance metrics. There may be other factors, such as program impact or community feedback, that are not reflected in this rating, which potential donors should take into account when evaluating the organization.
This AI summary has been generated from information found on Charity Navigator.
Is Groton Hill Music Inc legitimate?
Groton Hill Music Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Groton Hill 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: $252,247
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,521,590
For more financial information, click here
Official website here: www.grotonhill.org
What is the mission statement of Groton Hill Music Inc?
Groton Hill Music Inc is dedicated to sharing the transformative power of music. Through teaching, performing, and giving music generously, the organization aims to make a difference in people's lives. With a faculty of professional artists and educators, they offer music education to approximately 1,200 students of all ages and abilities, providing instruction in various instruments and voice across multiple genres including classical, jazz, folk, popular, Celtic, and traditional music. The organization is committed to making music education affordable and has offered $54,597 in scholarship aid.
Official website here: www.grotonhill.org
Who is the CEO of Groton Hill Music Inc?
Lisa Fiorentino is the CEO of Groton Hill Music Inc The CEO's salary of Groton Hill Music Inc is $208,267 and their total compensation is $227,662.
Official website here: www.grotonhill.org
What is the revenue of Groton Hill Music Inc?
Groton Hill Music Inc's revenue in 2024 was $30,884,240.
Official website here: www.grotonhill.org
Who are the executives of Groton Hill Music Inc and what are their salaries?
The average compensation at Groton Hill Music Inc during 2024 was $23,885. There are 158 employees and 126 volunteers at Groton Hill Music Inc.
Here are 21 key members and their salaries (Groton Hill Music Inc's CEO's salary is $208,267 and their total compensation is $227,662):
- Compensation: $208,267
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- Other: $19,395
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- Other: $12,333
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Official website here: www.grotonhill.org
Where can I find the form 990 for Groton Hill Music Inc?
Groton Hill Music Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.grotonhill.org
Learn more at the official website: www.grotonhill.org
Mission Statement of Groton Hill Music Inc
Groton Hill Music Inc, a renowned organization, strives to disseminate the transformative power of music by partaking in teaching, performing, and generously giving music to those in need. The mission of this esteemed institution is centered around sharing the profound impact of music through various means.
With a team of professional artists and educators, Groton Hill Music Inc reaches out to approximately 1,200 students of all ages and abilities. They accomplish this through a comprehensive music education program that encompasses private instruction, group lessons, and ensembles for a diverse range of instruments and voice. This extensive curriculum caters to multiple genres, including classical, jazz, folk, popular, Celtic, and traditional music.
Groton Hill Music Inc's unwavering commitment to providing affordable music education is evident through their scholarship aid, which totals $54,597. By doing so, they ensure that music education remains accessible to a wide range of students, fostering growth and creativity in the musical realm.
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Impact
October, 2024
Groton Hill Music Inc significantly enhances the community's cultural landscape by promoting the transformative power of music through comprehensive education and engagement. Serving approximately 1,200 students of various ages and abilities, the organization offers a diverse range of musical instruction, including private lessons, group classes, and ensembles across genres such as classical, jazz, folk, popular, Celtic, and traditional music.
With a faculty composed of professional artists and educators, Groton Hill Music Inc creates an enriching environment that nurtures musical talent and passion. The organization is dedicated to making music education accessible, providing significant scholarship aid totaling $54,597, enabling a wider demographic to participate in musical learning and development. By fostering a love for music and supporting its community members, Groton Hill Music Inc plays a crucial role in promoting artistic growth and appreciation, ultimately enriching the cultural fabric of Groton, MA, and beyond.
This information is meant to be a general summary of Groton Hill 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2024.
- Investment Income: $1,746,202
- Program Service Revenue: $4,718,340
- Gross Receipts: $35,398,901
Assets and Liabilities:
- Total Assets: $210,830,113
- Total Liabilities: $740,515
- Net Assets: $210,089,598
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION
Revenue
$2,316,970
TICKET REVENUE
Revenue
$2,069,228
SERVICE FEES
Revenue
$332,142
Organization Details
Founding Year
1985
Principal Officer
Lisa Fiorentino
Website
www.grotonhill.orgNTEE Category
Code: A680 - Arts
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