Northampton Community Music Center Inc

Charity Navigator Rating: 54% (One-Star out of Four Stars)

The Northampton Community Music Center Inc has received a One-Star rating from Charity Navigator, indicating concerns primarily related to its financial health. While the organization has strong scores in accountability and board independence, the overall low rating is heavily influenced by its liabilities to assets ratio, which stands at 4.34%, suggesting potential financial instability.

Despite the financial challenges, the center has demonstrated effective governance practices. It boasts a fully independent board and maintains strong policies regarding conflict of interest and whistleblower protections. The charity also has a good track record in financial reporting, with all required documents appropriately managed and audited.

However, the program expense ratio of 44.07% raises concerns about the allocation of funds, as a higher percentage would typically indicate more resources directed toward programmatic activities. Stakeholders may want to scrutinize these financial metrics further to assess the center's long-term viability and effectiveness in fulfilling its mission in the community.

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

Northampton Community Music Center Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Northampton Community Music Center 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: $86,904
Professional Fundraising Fees: $0
Other Salaries and Wages: $294,190

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