Overview
What is The Music Academy Of North Carolina Inc?
The Music Academy of North Carolina Inc, located at 1327 Beaman Place STE 100, Greensboro, NC 27408, is a dedicated nonprofit organization. Its primary mission is to offer individualized music programs to students, irrespective of their racial, ethnic, or economic backgrounds. These programs foster the development of talent and the growth of musical knowledge and skills. The academy, with a team of 37 employees, strives to provide high-quality music instructions to its students, aiming to nurture their potential and broaden their musical horizons.
Official website here: www.musicacademync.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 77% (Three-Star out of Four Star rating)
The Music Academy of North Carolina Inc has received a Three-Star rating from Charity Navigator, indicating a satisfactory performance in accountability and finance. The organization has a strong independent board structure and has demonstrated good financial practices, such as regular audits and a low liabilities-to-assets ratio. However, it has some shortcomings, notably the absence of a whistleblower policy, document retention policy, and tax forms posted on its website, which slightly affect its overall score.
User feedback reflects a positive reputation for the Music Academy, highlighting the high level of professionalism among the staff and the enriching experiences provided to students. Many reviews commend the academy's programs, particularly noting how instructors effectively connect with children, including those with special needs, to foster their musical talents and personal growth. Renovations and improvements have also been praised, creating a more conducive environment for learning and performance.
Despite the overall positive sentiment, some limitations are recognized in the feedback, particularly regarding the management transition. However, many donors and clients feel that the changes have led to significant improvements in the academy's offerings and community impact. Overall, the Music Academy of North Carolina Inc is viewed as a reputable organization that effectively supports its students and engages with the community.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
Is The Music Academy Of North Carolina Inc legitimate?
The Music Academy Of North Carolina Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Music Academy Of North Carolina 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:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $535,907
For more financial information, click here
Official website here: www.musicacademync.org
What is the mission statement of The Music Academy Of North Carolina Inc?
The Music Academy of North Carolina Inc. is committed to providing individualized music instruction to students, irrespective of their racial, ethnic, or economic background. This mission is carried out through tailored music programs that offer opportunities for the development of talent and the growth of musical knowledge and skills. By offering these programs, the academy aims to foster an inclusive environment where everyone can explore and embrace the art of music.
Official website here: www.musicacademync.org
What is the revenue of The Music Academy Of North Carolina Inc?
The Music Academy Of North Carolina Inc's revenue in 2024 was $1,884,712.
Official website here: www.musicacademync.org
Who are the executives of The Music Academy Of North Carolina Inc and what are their salaries?
The average compensation at The Music Academy Of North Carolina Inc during 2024 was $14,484. There are 37 employees and 67 volunteers at The Music Academy Of North Carolina Inc.
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Official website here: www.musicacademync.org
Where can I find the form 990 for The Music Academy Of North Carolina Inc?
The Music Academy Of North Carolina Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.musicacademync.org
Learn more at the official website: www.musicacademync.org
Mission Statement of The Music Academy Of North Carolina Inc
The Music Academy of North Carolina Inc is committed to providing individualized music instructions to students, regardless of their racial, ethnic, or economic background. This nonprofit organization's mission is to create a conducive learning environment where each student can develop their musical talent and grow their musical knowledge and skills. The academy tailors its music programs to cater to the unique needs and abilities of its students, offering them a platform to flourish in the realm of music.
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Impact
July, 2024
The Music Academy of North Carolina Inc's impact lies in its ability to provide individualized music instructions to students regardless of race, ethnic, or economic background. By offering tailored music programs, the academy creates opportunities for the development of talent and the growth of musical knowledge and skills in its students. This commitment to inclusivity and personalized education helps foster a vibrant arts community in Greensboro, NC, and beyond.
This information is meant to be a general summary of The Music Academy Of North Carolina 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 2024.
- Investment Income: $81,092
- Program Service Revenue: $695,731
- Gross Receipts: $1,884,712
Assets and Liabilities:
- Total Assets: $880,826
- Total Liabilities: $86,026
- Net Assets: $794,800
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION AND REGISTRATION
Revenue
$687,772
PERFORMANCE/MUSICAL EVENTS
Revenue
$7,959
Organization Details
Founding Year
1983
Principal Officer
Kellie Burgess
Website
www.musicacademync.orgNTEE Category
Code: A6E0 - Arts
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