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Bronx Conservatory Of Music Inc

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

EIN: 133580300 ✦ Bronx, NY ✦ Designated as a 501(c)(3)

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Overview

What is Bronx Conservatory Of Music Inc?

The Bronx Conservatory of Music Inc, situated in Bronx, New York, has been serving the community for the past 26 years. Primarily catering to a diverse student body, with 92% being minorities, the conservatory offers private music instruction of the highest caliber to both children and adults. The organization's mission is to make conservatory training accessible to all, even those from working and lower middle-class backgrounds, by keeping tuition prices as affordable as possible. With a commitment to enriching the Bronx's music culture, the conservatory also strives to develop audiences for fine music in the area and contribute to the broader music scene. The organization, with a dedicated workforce of 28 individuals, is dedicated to providing high-quality music education to the local community.


Official website here: www.bronxconservatory.org

Is Bronx Conservatory Of Music Inc legitimate?

Bronx Conservatory Of Music Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bronx Conservatory 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: $39,906
Professional Fundraising Fees: $0
Other Salaries and Wages: $112,763

For more financial information, click here


Official website here: www.bronxconservatory.org

What is the mission statement of Bronx Conservatory Of Music Inc?

The Bronx Conservatory of Music Inc's mission is centered around providing top-notch private music instruction to both children and adults residing in the Bronx area. By keeping tuition costs low, the conservatory ensures that high-quality music education is accessible to all members of the community. Beyond offering music lessons, the Bronx Conservatory of Music also works towards fostering audiences for fine music in the Bronx and contributing to the local music culture.


Official website here: www.bronxconservatory.org

Who is the CEO of Bronx Conservatory Of Music Inc?

Douglas W Meyer is the President of Bronx Conservatory Of Music Inc.


Official website here: www.bronxconservatory.org

What is the revenue of Bronx Conservatory Of Music Inc?

Bronx Conservatory Of Music Inc's revenue in 2022 was $270,669.


Official website here: www.bronxconservatory.org

Who are the executives of Bronx Conservatory Of Music Inc and what are their salaries?

The average compensation at Bronx Conservatory Of Music Inc during 2022 was $5,452. There are 28 employees and 3 volunteers at Bronx Conservatory Of Music Inc.


Here are 5 key members and their salaries:


Douglas W Meyer (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Nussenbaum (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brenda Vincent (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Melville Brown (Interim Executive Director (Former))
  • Compensation: $13,838
  • Related: $0
  • Other: $0
Stephen Guerra (Executive Director)
  • Compensation: $22,999
  • Related: $0
  • Other: $0


Official website here: www.bronxconservatory.org

Where can I find the form 990 for Bronx Conservatory Of Music Inc?

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


Official website here: www.bronxconservatory.org

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

Mission Statement of Bronx Conservatory Of Music Inc

The Bronx Conservatory of Music Inc is dedicated to providing top-notch private music instruction to both children and adults residing in the Bronx, at affordable prices. This nonprofit organization strives to make conservatory-level training accessible to all members of the community, thereby fostering an appreciation for fine music in the Bronx. In pursuit of its mission, the Bronx Conservatory of Music also aims to develop audiences for music in the Bronx and contribute to the overall music culture of the area.

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Impact




October, 2024

The Bronx Conservatory of Music Inc significantly enriches the community by providing high-quality private music instruction to children and adults in the Bronx. Over the past 26 years, it has primarily catered to a diverse student body, with 92% of its 200 pupils being from minority backgrounds and many hailing from working or lower-middle-class families.

By maintaining affordable tuition rates, the Conservatory ensures that music education is accessible to a broad audience, breaking down financial barriers that often prevent individuals from pursuing their musical passions. This accessibility fosters talent and creativity in the community, allowing students to develop their skills in a supportive environment.

Furthermore, the Conservatory plays a vital role in cultivating audiences for fine music within the Bronx, contributing to the local music culture. By enriching the artistic landscape of the area, it helps to instill a love for music across generations, inspiring not only the students but also their families and the broader community. The Bronx Conservatory of Music Inc thereby serves as a catalyst for personal growth, cultural enrichment, and community cohesion through the power of music.




This information is meant to be a general summary of Bronx Conservatory 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
$270,669 (2022)
Expenses
$253,460 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $24,811
  • Program Service Revenue: $124,355
  • Gross Receipts: $270,669

Assets and Liabilities:

  • Total Assets: $843,717
  • Total Liabilities: $1,709
  • Net Assets: $842,008

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Programs

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

PROGRAM SERVICE INCOME

Revenue

$124,355

Organization Details

Founding Year

2007

Principal Officer

Douglas W Meyer

Main Address

PO BOX 376, BRONX, NY, 10453

NTEE Category

Code: A68 - Arts

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