Overview
What is The Conservatory Of Central Illinois?
The Conservatory of Central Illinois is a nonprofit organization situated in Champaign, Illinois, specifically at 100 N Chestnut Street. Their primary focus is to deliver top-notch music education to students and offer frequent performances for the public's benefit. With a dedicated team of 16 employees, this organization aims to enrich the lives of individuals through music, providing a platform for both learning and entertainment.
Official website here: www.conservatorycentralil.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 61% (Two-Star out of Four Stars)
The Conservatory Of Central Illinois has received a Two-Star rating from Charity Navigator, indicating a need for improvement in accountability and financial management. While the organization excels in areas such as having a majority of independent board members and effectively managing program expenses, there are significant gaps in their governance practices and transparency.
Key strengths include a solid program expense ratio, showcasing effective allocation of resources towards their mission. However, the organization has not established essential policies like conflict of interest and whistleblower protections, which are critical for maintaining accountability and fostering trust. Additionally, their lack of transparency regarding financial documents on their website raises concerns regarding public access to important information.
Overall, while The Conservatory Of Central Illinois demonstrates strong commitment to programmatic work, the low scores in various governance and financial transparency areas highlight the need for enhancements to ensure ethical management and accountability to stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is The Conservatory Of Central Illinois legitimate?
The Conservatory Of Central Illinois is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Conservatory Of Central Illinois 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: $20,878
For more financial information, click here
Official website here: www.conservatorycentralil.org
What is the mission statement of The Conservatory Of Central Illinois?
The Conservatory of Central Illinois is dedicated to providing high-quality music instruction and experiences to its students. One of its primary objectives is to offer frequent performances for the benefit of the general public. The institution aims to contribute to the community by fostering a love for music and providing opportunities for both students and the public to engage with it. Through its activities, the conservatory seeks to enhance the musical landscape and promote appreciation for various musical genres.
Official website here: www.conservatorycentralil.org
What is the revenue of The Conservatory Of Central Illinois?
The Conservatory Of Central Illinois's revenue in 2023 was $146,050.
Official website here: www.conservatorycentralil.org
Who are the executives of The Conservatory Of Central Illinois and what are their salaries?
The average compensation at The Conservatory Of Central Illinois during 2023 was $1,305. There are 16 employees and 82 volunteers at The Conservatory Of Central Illinois.
Here are 4 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $12,935
- Related: $0
- Other: $0
Official website here: www.conservatorycentralil.org
Where can I find the form 990 for The Conservatory Of Central Illinois?
The Conservatory Of Central Illinois's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.conservatorycentralil.org
Learn more at the official website: www.conservatorycentralil.org
Mission Statement of The Conservatory Of Central Illinois
The Conservatory of Central Illinois, a renowned institution, is dedicated to providing top-notch music instruction and enriching experiences for its students. Its mission extends beyond the classroom, as it also aims to offer frequent performances for the benefit of the general public. By offering comprehensive music education and regular performances, the conservatory seeks to foster a love for music and provide opportunities for both students and the community to engage with this art form.
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Impact
October, 2024
The Conservatory of Central Illinois significantly enhances the cultural landscape of Champaign, IL, by offering high-quality music instruction and immersive musical experiences to students of all ages. Its commitment to music education fosters talent and enriches the lives of participants, helping to develop not only musical skills but also discipline, creativity, and self-confidence.
In addition to its educational programs, The Conservatory hosts frequent performances that benefit the general public, providing opportunities for community engagement and exposure to a variety of musical genres. These performances not only showcase the talents of students and instructors but also help to cultivate a vibrant arts scene in the area, making music accessible and enjoyable for everyone. The organization plays a crucial role in nurturing the next generation of musicians while simultaneously enriching the community's cultural offerings.
This information is meant to be a general summary of The Conservatory Of Central Illinois. 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
- Program Service Revenue: $68,347
- Gross Receipts: $146,050
Assets and Liabilities:
- Total Assets: $5,945
- Total Liabilities: $193,958
- Net Assets: -$188,013
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION
Revenue
$68,347
Organization Details
Founding Year
1986
Principal Officer
Lynn Nguyen
NTEE Category
Code: A6E0 - Arts
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