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The Central Music Academy Inc

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

EIN: 611466695 ✦ Lexington, KY ✦ Designated as a 501(c)(3)

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Overview

What is The Central Music Academy Inc?

The Central Music Academy Inc, situated in Lexington, Kentucky, serves as a nonprofit institution dedicated to nurturing and promoting various facets of instrumental and vocal music. With a modest workforce of three individuals, this academy offers comprehensive teaching and encouragement in the realm of music, catering to diverse abilities and interests. The academy's mission is deeply rooted in fostering a love for music and providing an engaging learning environment for all its students.

Is The Central Music Academy Inc legitimate?

The Central Music Academy Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Central Music Academy 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: $104,859
Professional Fundraising Fees: $0
Other Salaries and Wages: $16,567

For more financial information, click here

What is the mission statement of The Central Music Academy Inc?

The Central Music Academy Inc, as a nonprofit organization, is dedicated to providing teaching and encouragement in all facets of instrumental and vocal music. Their mission is to foster an environment where individuals can learn and grow in their musical abilities, offering comprehensive instruction and support in various musical aspects. By operating as a music academy, the academy aims to inspire and nurture musical talent, promoting a love for music and its various expressions.

What is the revenue of The Central Music Academy Inc?

The Central Music Academy Inc's revenue in 2024 was $507,948.

Who are the executives of The Central Music Academy Inc and what are their salaries?

The average compensation at The Central Music Academy Inc during 2024 was $40,475. There are 3 employees and 75 volunteers at The Central Music Academy Inc.

Here are 14 key members and their salaries:


Michelle Clouse (Asst Director)
  • Compensation: $59,404
  • Related: $0
  • Other: $0
Erin Walker Bliss (Executive Direc)
  • Compensation: $45,455
  • Related: $0
  • Other: $0
Pam Bridges (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kristyn Disponette (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Adrianna Garza (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jane Johnson (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gail Hoyt (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tracy Lovan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joseph Owens (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Burton L Joyer Ii (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Young (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Debbie Spike-Pierce (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lois Wiggins (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Henry Sneed Jr (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for The Central Music Academy Inc?

The Central Music Academy Inc's most recent form 990 was submitted in 2024 and can be accessed here.

Mission Statement of The Central Music Academy Inc

The Central Music Academy Inc, a nonprofit organization, is dedicated to providing comprehensive instruction and encouragement in various facets of instrumental and vocal music. Their mission revolves around fostering a nurturing environment for music education, aiming to develop and nurture musical talents in all its students. The Academy operates as a hub for music enthusiasts, offering lessons and encouragement across a broad spectrum of musical instruments and vocal techniques.

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Impact




October, 2024

The Central Music Academy Inc significantly enriches the cultural landscape of Lexington, KY, by fostering a deep appreciation for music through comprehensive teaching and encouragement of both instrumental and vocal skills. By offering a wide range of musical instruction, the academy nurtures talent across all ages, helping individuals develop their musical abilities and gain confidence in their artistic expression.

Through its programs, the academy not only enhances individual skill levels but also promotes community engagement, creating opportunities for collaboration and performance. This supportive environment encourages students to share their love for music, which in turn cultivates a vibrant musical community. The Central Music Academy Inc serves as a pivotal resource for aspiring musicians, enhancing the overall artistic vitality of the region and ensuring that the joy of music continues to resonate within the community.




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

Revenue
$507,948 (2024)
Expenses
$343,123 (2024)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2024.

  • Investment Income: $1,584
  • Gross Receipts: $511,599

Assets and Liabilities:

  • Total Assets: $263,271
  • Total Liabilities: $8,691
  • Net Assets: $254,580

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Organization Details

Principal Officer

Kristyn Disponette

NTEE Category

Code: A68 - Arts

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