Overview
What is Musical Box Society International?
Musical Box Society International is a nonprofit organization dedicated to preserving musical boxes. Based in Springfield, Missouri, they achieve this goal by publishing mechanical music and directories, nurturing a genuine passion for automatic music, and disseminating educational resources. To expand their reach and promote their mission, they organize conventions and meetings, offering a platform for like-minded individuals to connect and learn. The society's activities are rooted in the pursuit of knowledge and the appreciation of musical boxes, contributing to the preservation of this unique art form.
Official website here: www.mbsi.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 63%, Two-Star out of Four Star rating.
Musical Box Society International has received a Two-Star rating from Charity Navigator, indicating some areas for improvement, particularly in governance and transparency. While the organization scored well on aspects like material diversion of assets and its liabilities to assets ratio, the lack of independent board members and missing policies, such as a whistleblower and document retention policy, detracts from its overall score.
The organization manages a solid program expense ratio of 78.77%, showing a commitment to using a significant portion of its resources towards its mission. However, the absence of key governance structures could raise concerns regarding the accountability and decision-making processes within the organization. The nonprofit has a listed website on its tax form, which is a positive indicator of transparency.
In summary, while Musical Box Society International demonstrates financial responsibility and effective program spending, addressing governance weaknesses and increasing board independence could enhance its overall performance and credibility in the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is Musical Box Society International legitimate?
Musical Box Society International is a legitimate nonprofit organization registered as a 501(c)(3) entity. Musical Box Society International 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: $11,000
For more financial information, click here
Official website here: www.mbsi.org
What is the mission statement of Musical Box Society International?
The Musical Box Society International is committed to preserving musical boxes. They accomplish this through various means, such as publishing mechanical music literature and maintaining a directory. The society nurtures curiosity in automatic music and disseminates educational information to engage more individuals. To reinforce this interest, they organize conventions and meetings, offering educational value. These events serve as platforms for fostering a deeper understanding and appreciation of musical boxes.
Official website here: www.mbsi.org
Who is the CEO of Musical Box Society International?
Edward Kozak is the Trustee of Musical Box Society International.
Official website here: www.mbsi.org
What is the revenue of Musical Box Society International?
Musical Box Society International's revenue in 2022 was $146,826.
Official website here: www.mbsi.org
Who are the executives of Musical Box Society International and what are their salaries?
The average compensation at Musical Box Society International during 2022 was $11,000. There is 1 employee and 50 volunteers at Musical Box Society International.
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Official website here: www.mbsi.org
Where can I find the form 990 for Musical Box Society International?
Musical Box Society International's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.mbsi.org
Learn more at the official website: www.mbsi.org
Mission Statement of Musical Box Society International
Musical Box Society International, a nonprofit organization, is dedicated to preserving musical boxes. Their mission involves publishing information related to mechanical music, fostering a genuine interest in automatic music, and disseminating educational materials. The society strives to promote this interest further by organizing conventions and meetings, providing a platform for sharing knowledge and appreciation for musical boxes. By doing so, Musical Box Society International aims to serve as a hub for individuals with a passion for automatic music, offering an educational value that enriches their understanding of the subject.
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Impact
October, 2024
Musical Box Society International plays a significant role in the preservation and promotion of musical boxes, which are unique artifacts of automatic music. By publishing resources on mechanical music and maintaining a detailed directory, the society fosters genuine interest in this fascinating art form. Through conventions and meetings, it creates opportunities for enthusiasts and collectors to connect, share knowledge, and enhance their appreciation for musical boxes. Moreover, the educational initiatives it undertakes not only inform but also inspire new generations to explore and sustain this intricate craft. With headquarters in Springfield, MO, the society acts as a central hub for enthusiasts, ensuring the continued relevance and understanding of these musical instruments.
This information is meant to be a general summary of Musical Box Society International. 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 2022.
- Investment Income: $6,623
- Program Service Revenue: $60,092
- Gross Receipts: $146,826
Assets and Liabilities:
- Total Assets: $780,444
- Total Liabilities: $46,726
- Net Assets: $733,718
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PUBLICATION ADVERTISING
Revenue
$17,902
CONVENTION REVENUE
Revenue
$42,190
Organization Details
Founding Year
1949
Principal Officer
Edward Kozak
Main Address
P O BOX 10196, SPRINGFIELD, MO, 65808
Website
www.mbsi.orgNTEE Category
Code: A68Z - Arts
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