Overview
What is Nashua Community Music School?
Nashua Community Music School is a nonprofit organization situated in Nashua, New Hampshire, with a specific address at 2 Lock Street. It primarily focuses on offering instruction in various musical instruments and voice, aiming to nurture local talent. Furthermore, this institution contributes by providing skilled musicians to support local orchestras and choruses within the state. With a dedicated team of five employees, Nashua Community Music School plays a significant role in fostering musical growth and enriching the cultural landscape of the region.
Official website here: www.nashuacms.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (66%, Two-Star out of Four Star rating)
The Nashua Community Music School has received a rating indicating a need for improvement, with an overall score of 66%. This suggests that while the organization exhibits some positive attributes, there are significant areas where it could enhance its operations and financial transparency. Notably, the board is fully independent, which is a strong point, indicating commitment to governance and oversight.
Financially, the organization faces challenges, with a concerning liabilities to assets ratio of 87.83%, reflecting potential risk in its financial stability. However, the program expense ratio is commendable at 70.42%, indicating that a significant portion of its expenses is directed towards its programs, which is a positive sign for its mission-driven activities.
Despite the strengths in governance and program expenditure, the absence of financial statements raises concerns about transparency. Overall, while the Nashua Community Music School shows promise in its dedication to music education, it must address its financial reporting and stability to improve its standing and trust among stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Nashua Community Music School legitimate?
Nashua Community Music School is a legitimate nonprofit organization registered as a 501(c)(3) entity. Nashua Community 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: $63,115
Professional Fundraising Fees: $0
Other Salaries and Wages: $181,995
For more financial information, click here
Official website here: www.nashuacms.org
What is the mission statement of Nashua Community Music School?
The Nashua Community Music School's mission is centered around providing musical education. It offers instruction in various instruments and voice to individuals in the region. Furthermore, the school aims to supply talented musicians to support local orchestras and choruses within New Hampshire. By doing so, it contributes to the enrichment of the local musical scene.
Official website here: www.nashuacms.org
Who is the CEO of Nashua Community Music School?
Paul Belfiore is the Treasurer of Nashua Community Music School.
Official website here: www.nashuacms.org
What is the revenue of Nashua Community Music School?
Nashua Community Music School's revenue in 2023 was $518,507.
Official website here: www.nashuacms.org
Who are the executives of Nashua Community Music School and what are their salaries?
The average compensation at Nashua Community Music School during 2023 was $49,022. There are 5 employees and 40 volunteers at Nashua Community Music School.
Here are 11 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.nashuacms.org
Where can I find the form 990 for Nashua Community Music School?
Nashua Community Music School's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.nashuacms.org
Learn more at the official website: www.nashuacms.org
Mission Statement of Nashua Community Music School
The Nashua Community Music School is committed to providing instruction in musical instruments and voice within its region. Its mission extends beyond just teaching, as it also aims to contribute its talented staff to local orchestras and choruses within New Hampshire. In essence, the school serves as a nurturing ground for musical talents and an essential resource for enhancing the local music scene.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
July, 2024
Nashua Community Music School plays a vital role in the local music community by providing high-quality instruction in musical instruments and voice. Additionally, it helps meet the staffing needs of local orchestras and choruses within New Hampshire by nurturing talented individuals. Through its programs and resources, the school contributes to the cultural vibrancy of Nashua and beyond, enriching lives and fostering a love for music in individuals of all ages.
This information is meant to be a general summary of Nashua Community 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $1,518
- Program Service Revenue: $344,246
- Gross Receipts: $518,507
Assets and Liabilities:
- Total Assets: $150,359
- Total Liabilities: $132,071
- Net Assets: $18,288
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Music School Tuition
Revenue
$344,246
Organization Details
Founding Year
1984
Principal Officer
Paul Belfiore
Main Address
2 Lock Street, Nashua, NH, 03064
Website
www.nashuacms.orgNTEE Category
Code: A6E0 - Arts
If you are a representative of Nashua Community Music School and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.