Overview
What is Academy Of Music Production Education & Development?
The Academy of Music Production Education & Development, or AMPED, is a nonprofit organization situated in Louisville, Kentucky. With a strong commitment to empowering marginalized communities, AMPED aims to foster self-sufficiency and economic mobility, ultimately contributing to a more equitable society. The organization provides a year-round, free music program, utilizing music and technology as tools for personal growth and community development. AMPED operates two campuses, one in the West End and another in East Downtown, offering youth programming, technology workforce training, and small business incubation services. The Academy's mission is to uplift families and entrepreneurs in these communities, fostering an environment that encourages effective communication, personal development, and community involvement.
Official website here: www.ampedlouisville.org
What are the reviews and ratings of this charity?
**Rating: 83% (Three-Star out of Four Star rating on Charity Navigator)**
The Academy Of Music Production Education & Development has earned a respectable Three-Star rating, reflecting solid performance in accountability and finance. The rating is based entirely on their strong Accountability & Finance score of 83%, indicating an emphasis on responsible financial practices, independent board leadership, and transparency in operations.
Strengths highlighted include a largely independent board, reliable financial practices, and a significant focus on program expenses, which stands at 77.48% of their total expenses. However, the organization received no points for financial statements being reviewed or compiled, which marks a limitation in their financial reporting transparency. Their fundraising efficiency ratio also points to potential areas for growth, as it is on the lower side compared to standard benchmarks.
User reviews from GreatNonprofits are not available at this time, limiting insights into the direct experiences and sentiments of individuals who have engaged with the organization. Overall, the available data suggests the Academy Of Music Production Education & Development operates with a strong attention to governance and program impact, though there are areas in financial transparency and fundraising that could benefit from improvement.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Academy Of Music Production Education & Development?
100% of 11 reviewers on Facebook recommend the Academy Of Music Production Education & Development. Here is a summary of their reviews:
The positive sentiment towards this nonprofit is overwhelmingly evident, with reviewers expressing pride and gratitude for the program. Many appreciate the dedication and care shown by the staff, specifically mentioning the impact Dave and Melonie have on the children involved in the program.
Overall, it is clear that the Academy Of Music Production Education & Development is making a meaningful difference in the lives of young participants, leading to strong community support and enthusiasm for its mission.
This AI summary has been generated from reviews found on Facebook.
Is Academy Of Music Production Education & Development legitimate?
Academy Of Music Production Education & Development is a legitimate nonprofit organization registered as a 501(c)(3) entity. Academy Of Music Production Education & Development 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: $137,800
Professional Fundraising Fees: $0
Other Salaries and Wages: $924,237
For more financial information, click here
Official website here: www.ampedlouisville.org
What is the mission statement of Academy Of Music Production Education & Development?
The Academy of Music Production Education & Development aims to foster generational wealth for families and entrepreneurs in marginalized communities. They strive to achieve self-sufficiency and economic mobility, ultimately contributing to a more equitable society. Their services primarily focus on youth programming, technology workforce training, and small business incubation.
Official website here: www.ampedlouisville.org
Who is the CEO of Academy Of Music Production Education & Development?
Dave W Christopher Sr is the Chair of Academy Of Music Production Education & Development.
Official website here: www.ampedlouisville.org
What is the revenue of Academy Of Music Production Education & Development?
Academy Of Music Production Education & Development's revenue in 2022 was $7,407,733.
Official website here: www.ampedlouisville.org
Who are the executives of Academy Of Music Production Education & Development and what are their salaries?
The average compensation at Academy Of Music Production Education & Development during 2022 was $28,704. There are 37 employees and 15 volunteers at Academy Of Music Production Education & Development.
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Official website here: www.ampedlouisville.org
Where can I find the form 990 for Academy Of Music Production Education & Development?
Academy Of Music Production Education & Development's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.ampedlouisville.org
Learn more at the official website: www.ampedlouisville.org
Mission Statement of Academy Of Music Production Education & Development
The Academy of Music Production Education & Development, abbreviated as AMPED, aims to foster generational wealth within marginalized communities. They strive to achieve self-sufficiency, economic mobility, and a more equitable society for families and entrepreneurs within these communities. Their services are multi-faceted, focusing on three key areas: youth programming, technology workforce training, and small business incubation. By providing these services, AMPED seeks to uplift and empower the individuals within these communities, contributing to a more inclusive and equitable society.
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Impact
July, 2024
Academy Of Music Production Education & Development, through its programs and services, has a significant impact on marginalized communities in Louisville, Kentucky. By providing free music programs that use technology as a tool for empowerment, AMPED is actively working towards building generational wealth for families and entrepreneurs in need.
The organization's focus on youth programming, technology workforce training, and small business incubation contributes to creating self-sufficiency and economic mobility within these communities. By fostering a sense of teamwork, effective self-expression, and community engagement, AMPED helps youth and their families develop into healthy, productive members of society.
Overall, AMPED's work is instrumental in promoting equity, empowerment, and opportunity for those in marginalized communities, making a positive difference in the lives of many individuals and families in Louisville.
This information is meant to be a general summary of Academy Of Music Production Education & Development. 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: -$60,589
- Program Service Revenue: $25,350
- Gross Receipts: $7,511,076
Assets and Liabilities:
- Total Assets: $8,785,352
- Total Liabilities: $3,706,073
- Net Assets: $5,079,279
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MUSIC PRODUCTION & EDU
Revenue
$25,350
Organization Details
Founding Year
2015
Phone
(502) 822-1953Principal Officer
Dave W Christopher Sr
Main Address
1219 W JEFFERSON STREET, LOUISVILLE, KY, 40203
Website
www.ampedlouisville.orgNTEE Category
Code: A68 - Arts
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