Overview
What is The Washington Conservatory Of Music?
The Washington Conservatory of Music is a distinguished, not-for-profit organization located at 7300 MacArthur Blvd, Glen Echo, MD 20812. As an accredited community music school, it offers individual lessons and classes for individuals of all ages and skill levels, encompassing a wide range of instruments such as piano, guitar, voice, strings, wind, brass, and percussion. Additionally, the conservatory provides music theory and composition lessons, classes in various instruments and voice, early childhood music programs, and ensembles. Occasionally, seminars or master classes are organized to further enhance the learning experience. With a mission to inspire and inform the community through exceptional musical learning and listening experiences, the Washington Conservatory of Music currently employs 47 individuals in its pursuit of this vision.
Official website here: www.washingtonconservatory.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 90% (Four-Star out of Four Star rating)
The Washington Conservatory of Music has received a commendable Four-Star rating from Charity Navigator, indicating a high level of accountability and financial health. With an overall score of 90%, the organization demonstrates strong governance practices, including an independent board and effective oversight mechanisms. The accountability and finance score is particularly impressive at 89%, reflecting thorough financial management and transparency.
The Conservatory excels in several key areas, including a robust conflict of interest policy and a whistleblower policy, both fully compliant and documented. The organization has effectively managed its assets, showing no material diversion, and maintains a strong liabilities to assets ratio at only 6.47%. Furthermore, the program expense ratio stands at 64.79%, indicating that a significant portion of its budget is directed towards its mission-driven programs.
In terms of community engagement, the organization has achieved a perfect score of 100 in the culture and community category, showcasing its commitment to equity strategies and community involvement. While the program expense ratio could be improved, the strong accountability measures and financial practices highlight the Conservatory's dedication to serving its mission effectively.
This AI summary has been generated from information found on Charity Navigator.
Is The Washington Conservatory Of Music legitimate?
The Washington Conservatory Of Music is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Washington 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: $100,755
Professional Fundraising Fees: $0
Other Salaries and Wages: $757,394
For more financial information, click here
Official website here: www.washingtonconservatory.org
What is the mission statement of The Washington Conservatory Of Music?
The Washington Conservatory of Music, as a community music school, strives to offer exceptional musical learning and listening experiences for its students and the broader community. Its mission is to inspire and inform the community through the experience of music. The Conservatory provides individual lessons for various instruments and voice at different skill levels, as well as classes in various music genres and ensembles. It also organizes seminars and master classes occasionally to enhance the musical knowledge and skills of its students.
Official website here: www.washingtonconservatory.org
What is the revenue of The Washington Conservatory Of Music?
The Washington Conservatory Of Music's revenue in 2024 was $966,865.
Official website here: www.washingtonconservatory.org
Who are the executives of The Washington Conservatory Of Music and what are their salaries?
The average compensation at The Washington Conservatory Of Music during 2024 was $14,302. There are 60 employees at The Washington Conservatory Of Music.
Here are 14 key members and their salaries:
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Official website here: www.washingtonconservatory.org
Where can I find the form 990 for The Washington Conservatory Of Music?
The Washington Conservatory Of Music's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.washingtonconservatory.org
Learn more at the official website: www.washingtonconservatory.org
Mission Statement of The Washington Conservatory Of Music
The Washington Conservatory of Music, a distinguished not-for-profit organization, is committed to offering exceptional musical learning and listening experiences for both its students and the wider community. Its mission is to foster an environment where music plays a significant role in inspiring and educating individuals. The Conservatory envisions a community that values and appreciates the power of music, ultimately being shaped by its experiences with this art form.
Throughout its operation, the Conservatory delivers individual lessons for various ages and skill levels on a range of instruments, such as piano, guitar, voice, string, wind, brass, and percussion. Furthermore, it provides classes in several instruments, voice training, music theory, and composition. The Conservatory's offerings also extend to early childhood music and ensembles, allowing individuals of all ages and backgrounds to engage with music and develop their talents. Occasionally, seminars and master classes are offered to further enrich the musical experiences of its students.
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Impact
July, 2024
The Washington Conservatory of Music has been instrumental in providing exceptional musical learning and listening experiences for students and the community. It offers a wide range of music instruction programs, including individual lessons for all ages and levels on various instruments, music theory, composition, and ensemble opportunities. By offering classes, seminars, and master classes, the Conservatory enriches the cultural landscape of the DC area and inspires a community that is both informed and inspired by the power of music.
This information is meant to be a general summary of The Washington 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 2024.
- Investment Income: $1,653
- Program Service Revenue: $611,609
- Gross Receipts: $966,865
Assets and Liabilities:
- Total Assets: $1,346,543
- Total Liabilities: $190,221
- Net Assets: $1,156,322
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Tuition
Revenue
$611,609
Organization Details
Founding Year
1984
Principal Officer
Kathy Judd
NTEE Category
Code: A6E0 - Arts
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