Overview
What is Musical Empowerment Inc?
Musical Empowerment Inc is a nonprofit organization, headquartered in Carrboro, North Carolina, specifically at 117 W MAIN ST. Their primary mission is to foster equitable access to music education for children aged 5 to 18 by pairing them with college mentors. This mentorship program offers free, individual music lessons weekly, a service that has expanded to universities like the University of North Carolina at Chapel Hill, NC State University, and others. As of their latest records, they have provided over 6,800 hours of free music lessons across their various chapters. The organization's objective is to inspire resilience and confidence in these children through music education.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 86% (Three-Star out of Four Star rating)
Musical Empowerment Inc has earned an 86% rating from Charity Navigator, indicating strong performance particularly in accountability and finance. This score is primarily based on a single beacon score, reflecting the organization’s commitment to transparent and responsible financial management. The organization has a majority of independent board members, ensuring governance that prioritizes the mission and integrity of the nonprofit.
The financial indicators reflect positively on the organization, including a low liabilities to assets ratio of 1.93%, which suggests financial stability. Additionally, the organization has comprehensive policies in place, such as conflict of interest and whistleblower policies, demonstrating a solid framework for ethical operations. The program expense ratio is 63.43%, indicating that a significant portion of funding is directed towards its programs.
However, while the organization performs well in many areas, there is room for improvement in its program expense ratio. A higher percentage would indicate that more funds are being utilized directly for programs rather than administrative costs. Overall, Musical Empowerment Inc shows a strong commitment to accountability and effective governance, making it a reliable choice for potential donors.
This AI summary has been generated from information found on Charity Navigator.
Is Musical Empowerment Inc legitimate?
Musical Empowerment Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Musical Empowerment 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:
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Professional Fundraising Fees: $0
Other Salaries and Wages: $114,920
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What is the mission statement of Musical Empowerment Inc?
Musical Empowerment Inc, through its mission, aims to establish equitable access to music education for children. This is achieved by connecting them with college mentors who provide weekly, one-on-one music lessons. This program, known as the Music Mentorship Program, currently operates at several universities, including the University of North Carolina at Chapel Hill and NC Central University, among others. The organization has provided over 6,800 hours of free music lessons through its eight chapters, empowering children by inspiring resilience and confidence.
Who is the CEO of Musical Empowerment Inc?
Shaun Andrews is the Board Member of Musical Empowerment Inc.
What is the revenue of Musical Empowerment Inc?
Musical Empowerment Inc's revenue in 2022 was $162,148.
Who are the executives of Musical Empowerment Inc and what are their salaries?
The average compensation at Musical Empowerment Inc during 2022 was $19,153. There are 6 employees and 275 volunteers at Musical Empowerment Inc.
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Where can I find the form 990 for Musical Empowerment Inc?
Musical Empowerment Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Musical Empowerment Inc
Musical Empowerment Inc, a nonprofit organization, strives to ensure equitable access to music education for children between the ages of 5 and 18. They achieve this mission by pairing these young individuals with college mentors. This unique mentorship program aims to inspire resilience and confidence in the children through weekly, one-on-one music lessons. Musical Empowerment Inc's programs have expanded across various universities, including the University of North Carolina at Chapel Hill, NC State University, Wake Forest University, East Carolina University, High Point University, Dartmouth University, Hunter College, and NC Central University. Through this initiative, the organization has provided over 6,800 hours of free music lessons across its eight chapters.
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Impact
October, 2024
Musical Empowerment Inc has a profound impact on both children and college students through its innovative music mentorship program. By pairing children aged 5-18 with college student volunteers, it provides equitable access to music education, fostering resilience and confidence in young learners. The program ensures that children receive free, one-on-one music lessons each week, cultivating not only musical skills but also personal growth and self-esteem.
With over 6,800 hours of free music lessons provided across eight chapters at various universities, the initiative supports a diverse range of students, allowing mentors to develop their teaching and leadership abilities while making a meaningful difference in their mentees' lives. This dynamic exchange contributes to a vibrant community where the love for music serves as a bridge between generations, enriching the cultural fabric and educational opportunities in areas like Carrboro and beyond. Through this impactful work, Musical Empowerment Inc is transforming lives, instilling a lifelong passion for music, and shaping a future generation of confident, resilient individuals.
This information is meant to be a general summary of Musical Empowerment 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: $192
- Gross Receipts: $162,148
Assets and Liabilities:
- Total Assets: $26,265
- Total Liabilities: $508
- Net Assets: $25,757
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Organization Details
Founding Year
2012
Principal Officer
Shaun Andrews
Main Address
117 W MAIN ST, CARRBORO, NC, 27510
NTEE Category
Code: A60 - Arts
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