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Foundation Music School

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

EIN: 204421806 ✦ Fort collins, CO ✦ Designated as a 501(c)(3)

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Overview

What is Foundation Music School?

The Foundation Music School, located at 3663 South College Avenue Unit 13, Fort Collins, CO 80525, is a nonprofit community arts institution committed to offering high-quality arts opportunities for individuals of all ages, abilities, and income levels. It provides various programs, including music and movement for babies, instrumental lessons, adaptive lessons, and private music therapy services. Their offerings cater to students ranging from birth to adulthood, and they extend beyond their physical location, with classes available in summer camps and Poudre Independent School District classes. The school also offers need-based scholarships to low-income or at-risk students, ensuring that everyone has an opportunity to engage in the arts. With a dedicated workforce of 27 individuals, the Foundation Music School is deeply invested in nurturing and supporting artistic growth within its community.


Official website here: www.foundationmusicschool.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 81% (Three-Star out of Four Stars)

Foundation Music School has earned a Three-Star rating from Charity Navigator, reflecting a solid performance in accountability and finance. The overall score is based entirely on the accountability and finance beacon, indicating the organization's strong emphasis on responsible management of funds. With a score of 81%, the nonprofit demonstrates a commitment to transparency and sound financial practices.

One of the notable strengths of Foundation Music School is its governance structure, as evidenced by the presence of a fully independent board. The organization scores exceptionally well in various metrics, including a perfect score for having a conflict of interest policy, whistleblower policy, and material diversion of assets, showcasing its dedication to ethical practices. Additionally, the program expense ratio is commendable, indicating a significant portion of funds are directed toward its mission-related activities.

However, while the financial health appears strong based on the provided data, the summary lacks insight into the organization's programmatic outcomes and impact. Potential donors and stakeholders may want to look for more information regarding the effectiveness of its programs and initiatives to fully assess the nonprofit's contribution to the community it serves.


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

What do the Facebook reviews say about Foundation Music School?

82% of 11 reviewers on Facebook recommend Foundation Music School. Here is a summary of their reviews:

Many users express a strong appreciation for the school, highlighting long-term engagement and personal enjoyment of the program. One comment notes a five-year journey with the foundation, emphasizing a positive and enriching experience.

Overall, it seems that Foundation Music School creates a welcoming environment that resonates well with its students, making it a valued choice for those interested in music education.


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

Is Foundation Music School legitimate?

Foundation Music School is a legitimate nonprofit organization registered as a 501(c)(3) entity. Foundation Music School 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: $90,027
Professional Fundraising Fees: $0
Other Salaries and Wages: $426,516

For more financial information, click here


Official website here: www.foundationmusicschool.org

What is the mission statement of Foundation Music School?

The Foundation Music School, being a non-profit institution, is dedicated to offering top-tier artistic opportunities to individuals of all ages, abilities, and income levels. Its mission is to provide high-quality programs in various art forms, ensuring accessibility for everyone. The school offers early childhood programs, instrumental lessons, outreach initiatives, and specialized services for individuals with special needs, including music and movement classes, private music therapy sessions, and adaptive lessons. It extends its services through several venues, including summer camps and classes within the Poudre Independent School District. Need-based scholarships are provided to support low-income and at-risk students, ensuring that no one is excluded due to financial constraints.


Official website here: www.foundationmusicschool.org

Who is the CEO of Foundation Music School?

Karen Parsell is the Executive Di of Foundation Music School.


Official website here: www.foundationmusicschool.org

What is the revenue of Foundation Music School?

Foundation Music School's revenue in 2022 was $861,230.


Official website here: www.foundationmusicschool.org

Who are the executives of Foundation Music School and what are their salaries?

The average compensation at Foundation Music School during 2022 was $19,131. There are 27 employees at Foundation Music School.


Here are 7 key members and their salaries:


Karen Parsell (Executive Di)
  • Compensation: $77,477
  • Related: $0
  • Other: $12,550
Brad Charles (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nyle Kenning (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bevin Luna (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jennifer Powell (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Shover (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tami Uctuk (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.foundationmusicschool.org

Where can I find the form 990 for Foundation Music School?

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


Official website here: www.foundationmusicschool.org

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

Mission Statement of Foundation Music School

The Foundation Music School, a non-profit community institution, is dedicated to offering high-quality opportunities in the arts to individuals of all ages, abilities, and income levels. Its mission is to serve as a beacon of artistic growth and development, ensuring that everyone has an equal chance to explore their artistic talents.

The school's commitment to inclusivity is evident in its diverse range of programs. These include early childhood music and movement classes, instrument lessons, outreach programs, and specialized services for students with unique needs. The Foundation Music School goes beyond traditional teaching methods, offering private music therapy sessions to cater to the needs of students from birth through adulthood. These programs are available in various settings, such as summer camps and classes within the Poudre Independent School District.

To ensure that no talented individual is left behind due to financial constraints, the Foundation Music School provides need-based scholarships to low-income and at-risk students. This commendable initiative enables these students to access the transformative power of the arts, fostering personal growth and enriching their lives. By offering such a wide array of opportunities and support, the Foundation Music School truly embodies its mission of being a community school of the arts committed to artistic enrichment for all.

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Impact




October, 2024

Foundation Music School significantly enriches the community by offering high-quality arts education and experiences to individuals of all ages, abilities, and incomes. Through diverse programs, including music and movement for early childhood, instrument lessons, and specialized adaptive lessons for those with special needs, it fosters a love for the arts and promotes personal growth. The integration of music therapy services aids in emotional and cognitive development, providing invaluable support for students from birth through adulthood.

By conducting classes in various venues, including summer camps and partnerships with local schools, Foundation Music School ensures accessibility and engages the broader community. The provision of need-based scholarships removes financial barriers, allowing low-income and at-risk students to partake in these transformative experiences. Overall, Foundation Music School impacts lives through creativity, connection, and the power of music, cultivating a vibrant and inclusive cultural landscape in Fort Collins.




This information is meant to be a general summary of Foundation Music School. 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
$861,230 (2022)
Expenses
$809,468 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $97
  • Program Service Revenue: $535,140
  • Gross Receipts: $865,025

Assets and Liabilities:

  • Total Assets: $326,525
  • Total Liabilities: $70
  • Net Assets: $326,455

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Programs

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

PROGRAM SERVICE REVENUE

Revenue

$535,140

Organization Details

Principal Officer

Karen Parsell

Main Address

3663 SOUTH COLLEGE AVE UNIT 13, FORT COLLINS, CO, 80525

NTEE Category

Code: A68 - Arts

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