Overview
What is Project Step Inc?
Project Step Inc, established in 1983, is a Massachusetts-based nonprofit organization committed to bringing positive change to the lives of underrepresented racial and ethnic minorities through classical music training. Located in Boston, the organization identifies musically talented students at a young age and offers them a comprehensive music program to prepare them for top-level competitions. The goal is to expand their lives through music, helping them reach their potential and promote diversity in the field of classical music. The program includes weekly private lessons, chamber music coaching, orchestra, and theory classes, with approximately 55-60 students aged six to eighteen. Over time, 100% of the graduates have continued their education in college or conservatory, and 60% have become professional musicians in the classical music field.
Official website here: www.projectstep.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 87% (Three-Star out of Four Stars)
Project Step Inc has received a solid Three-Star rating from Charity Navigator, reflecting a commendable overall performance. With a strong Accountability & Finance score of 84% and an impressive Culture & Community score of 100%, the organization demonstrates a robust commitment to good governance and community engagement. The independence of its board, along with transparency in financial operations and policies such as conflict of interest and whistleblower protections, showcases its dedication to ethical practices.
The organization excels in its ability to gather and utilize constituent feedback, scoring a perfect 100% in this area. This indicates that Project Step Inc is not only responsive to the needs of those it serves but actively incorporates their input into its operations. The financial health of the organization is also notable, with a low liabilities to assets ratio and a high working capital ratio, demonstrating strong fiscal management and sustainability.
However, one area of concern is the Program Expense Ratio, which stands at 53.45%. This score suggests that a relatively lower percentage of its expenses are allocated directly to programs compared to fundraising and administrative costs. While the organization is performing well overall, potential donors and stakeholders may wish to examine how funds are being utilized for programmatic impact.
This AI summary has been generated from information found on Charity Navigator.
Is Project Step Inc legitimate?
Project Step Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Project Step 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: $82,231
Professional Fundraising Fees: $0
Other Salaries and Wages: $218,347
For more financial information, click here
Official website here: www.projectstep.org
What is the mission statement of Project Step Inc?
Project Step Inc, established in 1983, is a non-profit organization with a mission to positively impact the lives of underrepresented racial and ethnic minority students and their communities through classical music training. The organization identifies musically talented students at a young age and offers them a comprehensive music program to prepare them for competitive levels. Project Step's goals include broadening the horizons of students, helping them reach their full potential, and promoting diversity in the field of classical music. By teaching values such as responsibility, respect, perseverance, and joy in achievement through learning a string instrument, Project Step aims to develop strong, productive, and happy adults.
Official website here: www.projectstep.org
Who is the CEO of Project Step Inc?
Josu Gonzlez is the Executive Di of Project Step Inc.
Official website here: www.projectstep.org
What is the revenue of Project Step Inc?
Project Step Inc's revenue in 2022 was $817,605.
Official website here: www.projectstep.org
Who are the executives of Project Step Inc and what are their salaries?
The average compensation at Project Step Inc during 2022 was $50,096. There are 6 employees and 50 volunteers at Project Step Inc.
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- Compensation: $54,481
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Official website here: www.projectstep.org
Where can I find the form 990 for Project Step Inc?
Project Step Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.projectstep.org
Learn more at the official website: www.projectstep.org
Mission Statement of Project Step Inc
Project Step Inc, established in 1983, is a non-profit organization that utilizes classical music training to foster positive change in the lives of students, their families, and communities. The organization identifies musically talented students from underrepresented racial and ethnic minorities at a young age and provides them with a comprehensive music program, preparing them to excel at the highest levels. Project Step's mission is multifaceted. It aims to expand the horizons of these students, helping them reach their full potential. Furthermore, the organization seeks to diversify the field of classical music by nurturing young talents.
In achieving its mission, Project Step Inc instills values such as responsibility, respect, perseverance, and joy in achievement through learning a string instrument. This approach develops strong, productive, and happy adults. By offering a comprehensive music program, the organization provides students with the tools they need to compete at the highest levels, ultimately contributing to a more diverse and enriched classical music community.
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Impact
October, 2024
Project Step Inc significantly impacts the lives of students, their families, and the broader community through its comprehensive classical music training program. By identifying musically talented students from underrepresented racial and ethnic minorities, Project Step provides opportunities for these individuals to reach their fullest potential. The program emphasizes not only the technical skills necessary for mastering a string instrument but also instills core values such as responsibility, respect, perseverance, and joy in achievement.
With a weekly curriculum that includes private lessons, chamber music coaching, orchestral training, and theory classes, Project Step serves approximately 55-60 students aged six to eighteen. The program's effectiveness is evident in its impressive track record: 100% of its graduates have gone on to pursue further education at colleges or conservatories, with around 60% currently thriving as professionals in the classical music field.
Through its efforts, Project Step cultivates a new generation of musicians who not only excel in their craft but also enhance the diversity and inclusivity of the arts. By bringing music education to those who may not otherwise have access, it creates pathways for personal and professional growth, ultimately contributing to stronger, more vibrant communities. The success stories of students—who have won awards and showcased their talents on national platforms—highlight the transformative power of music education and the vital role Project Step plays in fostering artistic talent and ambition.
This information is meant to be a general summary of Project Step 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 2022.
- Investment Income: $116,806
- Program Service Revenue: $16,263
- Gross Receipts: $1,236,370
Assets and Liabilities:
- Total Assets: $2,909,410
- Total Liabilities: $34,228
- Net Assets: $2,875,182
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM FEES
Revenue
$16,263
Organization Details
Founding Year
1983
Phone
(617) 267-5777Principal Officer
Josu Gonzlez
Main Address
301 MASSACHUSETTS AVE, BOSTON, MA, 02115
Website
www.projectstep.orgNTEE Category
Code: A6E0 - Arts
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