Overview
What is The St Paul Conservatory Of Music?
The St. Paul Conservatory of Music is a thriving nonprofit establishment located at 100 Oxford Street North, St. Paul, Minnesota 55104. With a dedicated team of 65 individuals, it provides top-notch music education to over 300 students, catering to individuals of all ages and abilities. The conservatory not only serves as a learning platform but also offers various venues for musical performances by its students, faculty, and professionals. It extends its reach beyond its student body, often providing these performances for free to the local community, thereby contributing to the cultural enrichment of the area. In essence, the St. Paul Conservatory of Music is a music-making community, committed to providing high-quality music education to diverse segments of society.
Official website here: www.thespcm.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (66%, Two-Star out of Four Star rating)
The St Paul Conservatory Of Music has received a "Needs Improvement" rating with an overall score of 66%. This reflects concerns related to accountability and financial management, particularly in the area of financial statements, where they received no points. However, the organization demonstrates strong governance by having a fully independent board and maintaining a robust conflict of interest policy.
Despite its strengths in board independence and clear policy documentation, the Conservatory's financial health raises some red flags. The liabilities to assets ratio is notably high at 76.53%, which is a significant concern that suggests potential financial struggles. Nonetheless, the organization does allocate a commendable 71.20% of its expenses toward programs, indicating a commitment to its mission.
In summary, while the St Paul Conservatory Of Music shows positive governance practices and a strong focus on programmatic spending, its financial transparency and management require improvement to enhance its overall sustainability and effectiveness in serving the community.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about The St Paul Conservatory Of Music?
98% of 18 reviewers on Facebook recommend The St. Paul Conservatory Of Music. Here is a summary of their reviews:
Most comments highlight a deep appreciation for the engaging and enriching experiences offered at the conservatory. Many parents express joy in seeing their children excited about the "moosic" classes, indicating that the programs are both fun and effective for young learners. The close proximity to the Children's Museum adds to the convenience and overall enjoyment of visits.
While overall satisfaction is high, one minor concern was noted regarding the lack of clarity around available parking options. Some users would like to see improvements in the website's navigation to help plan their visits better. Nevertheless, the positive feedback largely underscores the value and delight brought by the conservatory's offerings.
This AI summary has been generated from reviews found on Facebook.
Is The St Paul Conservatory Of Music legitimate?
The St Paul Conservatory Of Music is a legitimate nonprofit organization registered as a 501(c)(3) entity. The St Paul Conservatory Of Music 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: $72,006
Professional Fundraising Fees: $49,000
Other Salaries and Wages: $426,231
For more financial information, click here
Official website here: www.thespcm.org
What is the mission statement of The St Paul Conservatory Of Music?
The St. Paul Conservatory of Music functions as a music-centric community, offering top-notch music education to individuals from various societal backgrounds. Its mission is to provide a comprehensive music education program for over 300 students of all ages and abilities. The conservatory also serves as a platform for musical performances by students, faculty, and professionals, often offering these shows free of charge to the community. By doing so, the St. Paul Conservatory of Music fosters an inclusive environment where music enthusiasts can learn, grow, and share their passion for music.
Official website here: www.thespcm.org
What is the revenue of The St Paul Conservatory Of Music?
The St Paul Conservatory Of Music's revenue in 2023 was $671,787.
Official website here: www.thespcm.org
Who are the executives of The St Paul Conservatory Of Music and what are their salaries?
The average compensation at The St Paul Conservatory Of Music during 2023 was $7,665. There are 65 employees and 52 volunteers at The St Paul Conservatory Of Music.
Here are 19 key members and their salaries:
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Official website here: www.thespcm.org
Where can I find the form 990 for The St Paul Conservatory Of Music?
The St Paul Conservatory Of Music's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.thespcm.org
Learn more at the official website: www.thespcm.org
Mission Statement of The St Paul Conservatory Of Music
The St. Paul Conservatory of Music, as a music-making community, is committed to providing high-quality music education to individuals from all segments of society. Their mission is centered around offering a comprehensive music education program that caters to over 300 students of varying ages and abilities. This nonprofit institute serves as a platform for both private and ensemble music instruction, fostering an environment where students can hone their skills and talents.
Beyond providing educational opportunities, The St. Paul Conservatory of Music also offers venues for musical performances. These platforms are utilized by students, faculty, and professional musicians, often making these performances accessible to the wider community at no cost. By doing so, the conservatory not only supports the growth and development of its students but also contributes to the cultural enrichment of the community at large.
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Impact
July, 2024
The St. Paul Conservatory of Music has a significant impact in the community by providing high quality music education to individuals of all ages and abilities. With a program that serves over 300 students, the conservatory offers private and ensemble music instruction, as well as opportunities for musical performances by students, faculty, and professionals. These performances are often made accessible to the community for free, enriching the cultural landscape of St. Paul, MN. Through its mission of being a music-making community, the conservatory plays a vital role in promoting arts and music education for all segments of society.
This information is meant to be a general summary of The St Paul Conservatory Of Music. 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: -$40,810
- Program Service Revenue: $409,907
- Gross Receipts: $712,597
Assets and Liabilities:
- Total Assets: $144,494
- Total Liabilities: $110,592
- Net Assets: $33,902
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION REVENUE
Revenue
$391,019
PROGRAM REVENUE
Revenue
$18,888
Organization Details
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