Overview
What is Phantom Regiment Inc?
Phantom Regiment Inc, established in 1956 as part of the Rockford VFW Post 342, is a youth organization based in Rockford, Illinois. The nonprofit is dedicated to fostering self-esteem, self-reliance, teamwork, sportsmanship, civic pride, and personal best contributions to group efforts. These values are instilled through a unique blend of arts and athletics, primarily in a musical and marching activity. Phantom Regiment takes pride in offering a transformative experience for its participants, aiming to support their success beyond the music education field. Their programs include the Phantom Regiment Drum and Bugle Corps, public school outreach, and a high/middle school concert band festival. The corps engages in competitions across the U.S., while the outreach supports local schools by lending instruments and offering music education. The festival provides a non-competitive platform for school bands, offering constructive feedback and recordings. The organization's mission is to provide life-changing experiences through performing arts education, ultimately cultivating empowered and passionate leaders.
Official website here: www.regiment.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 100% (Four-Star out of Four Stars)
Phantom Regiment Inc has achieved an impressive Four-Star rating from Charity Navigator, indicating exceptional performance in accountability and finance. The organization scored a perfect 100% in this category, reflecting strong governance practices and fiscal responsibility. Key factors contributing to this score include a fully independent board, effective oversight measures, and a high program expense ratio, demonstrating that the majority of expenditures are directed toward its mission.
The organization boasts an independent board of directors, comprising 20 members, all of whom are independent. This structure promotes transparency and minimizes conflicts of interest, as supported by their comprehensive conflict of interest and whistleblower policies. Additionally, Phantom Regiment Inc maintains thorough documentation practices, including meeting minutes and financial statements, which are readily accessible on their website.
Despite its strong performance, the summary does not indicate specific programmatic strengths or areas of impact beyond financial metrics. While the financial health appears robust, further insights into the organization's programs and community impact could provide a more complete picture of its overall effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Phantom Regiment Inc legitimate?
Phantom Regiment Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Phantom Regiment 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: $73,004
Professional Fundraising Fees: $0
Other Salaries and Wages: $75,260
For more financial information, click here
Official website here: www.regiment.org
What is the mission statement of Phantom Regiment Inc?
Phantom Regiment Inc's mission is to inspire and develop empowered leaders through performing arts education. They accomplish this by providing life-changing experiences through their activities, which blend arts and athletics. The organization encourages teamwork, sportsmanship, civic pride, and personal best, fostering self-esteem and self-reliance in its participants. Phantom Regiment's programs, such as the drum and bugle corps, public school outreach, and high/middle school concert band festival, aim to enhance personal growth, improve music education, and promote the positive relationship between music and academic success. The organization's activities leave a lasting impact on its students, contributing to their personal and professional development in various fields, including music education and performance.
Official website here: www.regiment.org
Who is the CEO of Phantom Regiment Inc?
Kelly Couvelaire is the Ceo of Phantom Regiment Inc. The CEO's salary of Phantom Regiment Inc is $21,857 and their total compensation is $23,567.
Official website here: www.regiment.org
What is the revenue of Phantom Regiment Inc?
Phantom Regiment Inc's revenue in 2022 was $3,170,575.
Official website here: www.regiment.org
Who are the executives of Phantom Regiment Inc and what are their salaries?
The average compensation at Phantom Regiment Inc during 2022 was $49,421. There are 3 employees and 180 volunteers at Phantom Regiment Inc.
Here are 20 key members and their salaries (Phantom Regiment Inc's CEO's salary is $21,857 and their total compensation is $23,567):
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Official website here: www.regiment.org
Where can I find the form 990 for Phantom Regiment Inc?
Phantom Regiment Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.regiment.org
Learn more at the official website: www.regiment.org
Mission Statement of Phantom Regiment Inc
Phantom Regiment Inc, established in 1956, envisions a world filled with empowered and passionate leaders. They achieve this mission by providing life-changing experiences through performing arts education. This youth organization, originally a part of Rockford VFW Post 342, focuses on the development of self-esteem and self-reliance. It encourages teamwork, sportsmanship, civic pride, and the contribution of one's personal best to a group effort. These lessons are learned through a blend of the arts and athletics, where students participate in a musical and marching activity.
Phantom Regiment Inc is renowned for offering a life-altering experience to its participants. Their primary focus lies in music education, but the lessons learned extend beyond this realm, preparing students for various aspects of their lives. Their activities, such as the Phantom Regiment Drum and Bugle Corps, have a lasting impact on students, many of whom continue their education to become music educators or pursue careers in music and dance.
The Drum and Bugle Corps, comprising 165 students aged 16 to 21, is a highly competitive performing group. Students audition in large numbers to be part of this corps, which requires attendance at practices one weekend a month from December to April and a three-week residency in May to learn the year's program before embarking on a two-month tour of the United States. The competitive season concludes in mid-August at the Drum Corps International World Championships in Indianapolis. Phantom Regiment has an impressive track record, maintaining the second-longest active streak of appearing in DCI's Top 12 and claiming the championship in 1996 and 2008.
Phantom Regiment Inc also extends its support to local schools by lending instruments and introducing students to music. Budget cuts in many school districts have resulted in reduced or eliminated music programs, and Phantom Regiment has stepped in to provide clinicians, conductors, and assistance to the city of Rockford's All-Star and Honor Band Concerts. The organization believes in the importance of music education, as numerous studies have documented the positive relationship between music involvement and math and science scores.
During the summer of 2021, some of their programs were slightly limited due to the COVID-19 pandemic. However, the organization's mission to provide life-changing experiences through performing arts education remained a constant.
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Impact
October, 2024
Phantom Regiment Inc significantly impacts youth development and education through its dedication to performing arts. Since its establishment in 1956, the organization has focused on cultivating self-esteem, self-reliance, and teamwork among participants. By engaging young individuals in musical and marching activities, Phantom Regiment melds the disciplines of art and athletics, fostering personal growth while promoting essential life skills.
The Phantom Regiment Drum and Bugle Corps serves as a premier platform, attracting hundreds of auditions each year. The program not only elevates participants’ musical talents but also instills values of discipline and dedication as they prepare for competitions across the United States. This commitment to excellence has resulted in a proud history of performances, including multiple appearances in the prestigious Drum Corps International's top rankings.
Beyond its core performance programs, Phantom Regiment plays a vital role in public school outreach. In response to budget cuts that threaten music education, the organization provides instruments, conducts workshops, and supports local music initiatives, ensuring that young people still have access to music education. This engagement contributes to improved academic performance, particularly in subjects like math and science, linking music to broader educational benefits.
The High & Middle School Concert Band Festival showcases local talent in a nurturing, noncompetitive setting. By allowing students to perform in a professional venue and receive constructive feedback, Phantom Regiment builds a supportive community that celebrates musical achievement and growth.
Through these initiatives, Phantom Regiment Inc not only enriches the lives of its participants but also establishes a foundation for lifelong connections and skills that extend well beyond music. The organization’s vision of empowered leaders manifests in the numerous individuals who, inspired by their experiences, go on to become music educators and professional artists. Ultimately, Phantom Regiment’s holistic approach to performing arts education leaves a lasting legacy in the community and the lives of the youth it serves.
This information is meant to be a general summary of Phantom Regiment 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: $939
- Program Service Revenue: $1,242,892
- Gross Receipts: $3,389,773
Assets and Liabilities:
- Total Assets: $2,015,777
- Total Liabilities: $547,508
- Net Assets: $1,468,269
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PARTICIPANT FEES
Revenue
$896,452
APPEARANCE FEES
Revenue
$199,254
PERFORMANCE TICKET SALES
Revenue
$147,186
Organization Details
Founding Year
1956
Phone
(815) 226-2835Principal Officer
Kelly Couvelaire
Main Address
5608 INTERNATIONAL DRIVE, ROCKFORD, IL, 61109
Website
www.regiment.orgNTEE Category
Code: A6CZ - Arts
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