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Nantucket Community Music Center

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

EIN: 510194502 ✦ Nantucket, MA ✦ Designated as a 501(c)(3)

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Overview

What is Nantucket Community Music Center?

Nantucket Community Music Center is a nonprofit organization situated in Nantucket, Massachusetts. With a strong commitment to enriching the local culture, they focus on fostering and supporting music education and performance opportunities for both young individuals and adults within the community. They offer private and group music lessons, providing a platform for over 500 participants to hone their skills. Moreover, the center organizes performance opportunities for its students, faculty, and local musicians. Additionally, musical groups, ensembles, and vocal choirs cater to the interests of community members, creating a vibrant and inclusive music community on the island.


Official website here: www.nantucketcommunitymusiccenter.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 95%, Four-Star out of Four Star rating

The Nantucket Community Music Center has achieved a remarkable 95% rating, indicating strong performance in accountability and finance, as well as leadership and adaptability. With a score of 94 in accountability and finance, the organization demonstrates a solid commitment to transparency and responsible financial practices, highlighted by its independent board and comprehensive policies, including conflict of interest and whistleblower protections.

The center's leadership and adaptability are rated as perfect, reflecting its capacity to navigate challenges effectively. The organization has successfully transitioned to virtual music lessons and live-streaming performances, ensuring continued engagement and support for the community despite external obstacles. This proactive approach to maintaining music education and performance opportunities underscores its commitment to serving the community.

However, while the program expense ratio stands at 68.72%, indicating a majority of funds are directed towards programming, it is essential to monitor this to ensure it aligns with the center's strategic goals. Overall, the Nantucket Community Music Center is well-positioned as a leader in providing music education and community engagement, backed by its high ratings and effective governance.


This AI summary has been generated from information found on Charity Navigator.

What do the Facebook reviews say about Nantucket Community Music Center?

90% of 8 reviewers on Facebook recommend Nantucket Community Music Center. Here is a summary of their reviews:

The community reflects a deep appreciation for the music school, highlighting its beautiful facilities and the various opportunities it offers. Reviewers particularly commend the enthusiastic and supportive staff, suggesting that their expertise contributes to a positive learning environment for students of all ages.

Many comments emphasize the joy and fulfillment that come from participating in the music programs, indicating that the center successfully helps individuals pursue their musical passions. Overall, it seems that the center plays a vital role in fostering musical growth and enjoyment in the community.


This AI summary has been generated from reviews found on Facebook.

Is Nantucket Community Music Center legitimate?

Nantucket Community Music Center is a legitimate nonprofit organization registered as a 501(c)(3) entity. Nantucket Community Music Center 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: $75,500
Professional Fundraising Fees: $0
Other Salaries and Wages: $224,029

For more financial information, click here


Official website here: www.nantucketcommunitymusiccenter.org

What is the mission statement of Nantucket Community Music Center?

The Nantucket Community Music Center's mission is centered around enriching cultural life. It strives to achieve this by fostering and supporting music education and performance opportunities for both young individuals and adults. The center offers private and group music lessons, providing a platform for growth and development in the musical arts. Furthermore, it offers performance opportunities for students, faculty, and local musicians, fostering a vibrant and inclusive musical community. Various musical groups, ensembles, and vocal choirs are available for community members to join, encouraging participation and appreciation for music. Approximately 500 participants are engaged in these activities.


Official website here: www.nantucketcommunitymusiccenter.org

Who is the CEO of Nantucket Community Music Center?

Richard Jaycobs is the President of Nantucket Community Music Center.


Official website here: www.nantucketcommunitymusiccenter.org

What is the revenue of Nantucket Community Music Center?

Nantucket Community Music Center's revenue in 2022 was $539,098.


Official website here: www.nantucketcommunitymusiccenter.org

Who are the executives of Nantucket Community Music Center and what are their salaries?

The average compensation at Nantucket Community Music Center during 2022 was $10,697. There are 28 employees and 10 volunteers at Nantucket Community Music Center.


Here are 20 key members and their salaries:


Rich Jaycobs (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bess Clarke (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Karen Palmer (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Margot T Young (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eleanor Antonietti (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anastasia Cher (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anne Carmignani (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Caleb Cressman (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andrew Cromartie (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Janet Forest (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Larc Jaycobs (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Elizabeth Davies (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Benjamin Ferrantella (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joe Hammer (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mary Beth Harvey (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Woody Kay (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
John F Olson (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mollie Glazer (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bisy Stancheva (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anthony Wagner (Executive Director)
  • Compensation: $75,500
  • Related: $0
  • Other: $0


Official website here: www.nantucketcommunitymusiccenter.org

Where can I find the form 990 for Nantucket Community Music Center?

Nantucket Community Music Center's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.nantucketcommunitymusiccenter.org

Learn more at the official website: www.nantucketcommunitymusiccenter.org

Mission Statement of Nantucket Community Music Center

The Nantucket Community Music Center, a renowned organization, is dedicated to enriching the cultural landscape by promoting and nurturing music education and performance opportunities for both children and adults. Its mission is twofold: firstly, it aims to foster an environment where music lessons, both individual and group, are accessible to the community; and secondly, it provides performance opportunities for students, faculty, and local musicians. The center is home to various musical groups, ensembles, and vocal choirs, inviting community members to participate and contribute to the island's musical vibrancy. Approximately 500 individuals take part in these initiatives, making the Nantucket Community Music Center a vital part of the island's cultural fabric.

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Impact




July, 2024

The Nantucket Community Music Center plays a vital role in enriching the cultural life of the island by providing music education and performance opportunities to young people and adults. Through private and group music lessons, performance opportunities, musical ensembles, and vocal choirs, the center impacts approximately 500 participants in the Nantucket community. By nurturing a love for music and fostering talent among individuals of all ages, the center not only enhances the artistic landscape of Nantucket but also builds a sense of community spirit through musical expression.




This information is meant to be a general summary of Nantucket Community Music Center. 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
$539,098 (2022)
Expenses
$498,858 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $11,171
  • Program Service Revenue: $193,095
  • Gross Receipts: $793,331

Assets and Liabilities:

  • Total Assets: $407,999
  • Total Liabilities: $51,065
  • Net Assets: $356,934

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Programs

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

TUITION AND FEES

Revenue

$193,095

Organization Details

Founding Year

1975

Principal Officer

Richard Jaycobs

Main Address

PO BOX 1352, NANTUCKET, MA, 02554

NTEE Category

Code: A680 - Arts

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