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Midcoast Music Academy

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 455600605 ✦ Rockport, ME ✦ Designated as a 501(c)(3)

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Overview

What is Midcoast Music Academy?

Midcoast Music Academy is a nonprofit organization situated in Rockport, Maine, with a focus on music education. It offers individual and group lessons to students of all ages and skill levels, encouraging growth and development. The academy encourages its students to showcase their talents in various performance settings, both formal and informal. Beyond instruction, Midcoast Music Academy engages with the community by participating in events and festivals, and its faculty often presents live music performances. The organization's primary mission is to promote public appreciation of music, contributing to the community through its educational programs and performances. It operates with a team of three dedicated individuals.


Official website here: www.midcoastmusicacademy.com

Is Midcoast Music Academy legitimate?

Midcoast Music Academy is a legitimate nonprofit organization registered as a 501(c)(3) entity. Midcoast Music Academy 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: $189,696

For more financial information, click here


Official website here: www.midcoastmusicacademy.com

What is the mission statement of Midcoast Music Academy?

Midcoast Music Academy, as a charitable and educational organization, is dedicated to fostering public appreciation for music. Through its primary activities, the academy provides instruction, organizes community programs, and hosts performances. Its mission is to serve as a platform, promoting music appreciation and education for all. The academy strives to enrich lives and communities by nurturing musical talent and inspiring a deeper connection with music.


Official website here: www.midcoastmusicacademy.com

Who is the CEO of Midcoast Music Academy?

Jennifer Kuli Feldman is the Director of Midcoast Music Academy.


Official website here: www.midcoastmusicacademy.com

What is the revenue of Midcoast Music Academy?

Midcoast Music Academy's revenue in 2022 was $341,245.


Official website here: www.midcoastmusicacademy.com

Who are the executives of Midcoast Music Academy and what are their salaries?

The average compensation at Midcoast Music Academy during 2022 was $63,232. There are 3 employees at Midcoast Music Academy.


Here are 5 key members and their salaries:


Paul Benjamin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Claire Donnelly (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Guy Scalzi (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Walter Reitz (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Merle Rockwell (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.midcoastmusicacademy.com

Where can I find the form 990 for Midcoast Music Academy?

Midcoast Music Academy's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.midcoastmusicacademy.com

Learn more at the official website: www.midcoastmusicacademy.com

Mission Statement of Midcoast Music Academy

Midcoast Music Academy, as a charitable and educational organization, is dedicated to fostering a deep appreciation for music within the community. This is achieved through various means, including instruction, community programs, and performances. The Academy's mission, in line with its 501(c)(3) status, is geared towards promoting music in a manner that engages and educates the public. By offering instruction, the Academy equips individuals with musical skills and knowledge. Community programs and performances serve to engage the public and showcase the talent and passion for music that the Academy fosters. In doing so, Midcoast Music Academy plays a significant role in enriching the cultural landscape of the community, promoting the appreciation and understanding of music.

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Impact




October, 2024

Midcoast Music Academy significantly enhances the community's cultural landscape by providing accessible music education and fostering a deep appreciation for the arts. Offering individual and group instruction, the academy caters to students of all ages and skill levels, ensuring that everyone has the opportunity to explore their musical talents. In addition to education, the academy hosts numerous performance opportunities, enabling students to showcase their skills in both formal and informal settings. This not only boosts their confidence but also enriches the community with live music and collaborative events. By actively engaging students, faculty, and the broader community in music presentations and festivals, Midcoast Music Academy plays a vital role in promoting the arts and creating a vibrant, interconnected cultural experience in Rockport, Maine.




This information is meant to be a general summary of Midcoast Music Academy. 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.

Revenue
$341,245 (2022)
Expenses
$320,106 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Program Service Revenue: $229,832
  • Gross Receipts: $341,245

Assets and Liabilities:

  • Total Assets: $339,108
  • Total Liabilities: $354,482
  • Net Assets: -$15,374

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

Processing Fees Billed

Revenue

$1,689

Program Income

Revenue

$3,428

Program Services

Revenue

$16,540

Summer Camp

Revenue

$5,784

Tuition

Revenue

$201,066

Organization Details

Founding Year

2018

Principal Officer

Jennifer Kuli Feldman

Main Address

821 Commercial St, Rockport, ME, 04856

NTEE Category

Code: A6E - Arts

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