Overview
What is Mt Vernon Music Boosters Ltd?
Mt Vernon Music Boosters Ltd is a nonprofit organization situated in Fortville, Indiana. Their primary mission is to nurture and enhance the musical talents of students in the Mt. Vernon School District. They achieve this goal by providing music instruction and resources, fostering a shared appreciation for music among students and adults, and participating in activities that benefit the local musical community. Furthermore, they contribute to the growth and development of the music department within Mt. Vernon Community Schools, and raise funds to offer enrichment opportunities and improve school facilities.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 80%, Three-Star out of Four Stars
Mt Vernon Music Boosters Ltd has received a Three-Star rating from Charity Navigator, indicating a strong level of accountability and financial management. This rating is based solely on their performance in the Accountability & Finance beacon, with a perfect score in several key areas, including a fully independent board and no material diversion of assets. Their high program expense ratio suggests that a significant portion of their funds is directed towards their music programs.
The organization shows commendable financial health, evidenced by a liabilities to assets ratio of 0.00%. This indicates that they have no outstanding debts, which enhances their stability and capacity to fulfill their mission. Additionally, having a conflict of interest policy and documenting board meeting minutes demonstrates their commitment to transparency and good governance practices.
While the overall rating is positive, it is important to note that the score is derived from a single beacon, which may not provide a comprehensive view of the organization's overall impact. However, the strengths highlighted in accountability and financial management position Mt Vernon Music Boosters Ltd as a responsible nonprofit within the community.
This AI summary has been generated from information found on Charity Navigator.
Is Mt Vernon Music Boosters Ltd legitimate?
Mt Vernon Music Boosters Ltd is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mt Vernon Music Boosters Ltd 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Mt Vernon Music Boosters Ltd?
The mission of Mt Vernon Music Boosters Ltd is centered around promoting the love for music within the Mt. Vernon School District, engaging both students and adults. They aim to cultivate a shared musical interest and actively participate in community service related to music. Furthermore, they contribute to the growth and development of the music department in Mt. Vernon Community Schools. A significant part of their mission involves raising funds to enrich the educational experience of the school population and enhance their facilities.
Who is the CEO of Mt Vernon Music Boosters Ltd?
Erica Williams is the President of Mt Vernon Music Boosters Ltd.
What is the revenue of Mt Vernon Music Boosters Ltd?
Mt Vernon Music Boosters Ltd's revenue in 2021 was $67,258.
Who are the executives of Mt Vernon Music Boosters Ltd and what are their salaries?
There 100 volunteers at Mt Vernon Music Boosters Ltd.
Here are 5 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
Where can I find the form 990 for Mt Vernon Music Boosters Ltd?
Mt Vernon Music Boosters Ltd's most recent form 990 was submitted in 2021 and can be accessed here.
Mission Statement of Mt Vernon Music Boosters Ltd
Mt Vernon Music Boosters Ltd is a nonprofit organization with a mission to cultivate an appreciation for music among the students and adults of the Mt. Vernon School District. Their objective is to foster a shared, enduring interest in music within this community. The Boosters participate in various activities that serve the musical community and contribute to the advancement of the music department in Mt. Vernon Community Schools. Furthermore, they aim to raise funds to enrich the school's population and facilities by providing additional musical opportunities. In essence, Mt Vernon Music Boosters Ltd strives to support and enhance the musical experiences of students and adults in the district, fostering a love for music and contributing to the growth of the music program within the schools.
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
August, 2024
Mt Vernon Music Boosters Ltd impacts the Mt. Vernon School District community by promoting the appreciation of music among students and adults. Their efforts help foster a mutual interest in music, support the development of the music department, and provide enrichment opportunities for the school's population and facilities. Through fundraising and providing resources, the organization plays a crucial role in supporting music education and talent development in the community.
This information is meant to be a general summary of Mt Vernon Music Boosters Ltd. 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 2021.
- Investment Income: $12
- Program Service Revenue: $52,165
- Gross Receipts: $70,329
Assets and Liabilities:
- Total Assets: $82,032
- Total Liabilities: $0
- Net Assets: $82,032
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.
Fees for participation
Revenue
$52,165
Organization Details
Founding Year
2003
Principal Officer
Erica Williams
Main Address
8112 N 200 W, Fortville, IN, 46040
NTEE Category
Code: B990 - Education
If you are a representative of Mt Vernon Music Boosters Ltd 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.