Overview
What is Leadership Music?
Leadership Music is a distinguished nonprofit organization, headquartered in Nashville, Tennessee. Their primary mission is to foster a progressive community of leaders who significantly influence the creative industry. They accomplish this through an annual series of educational seminars, where professionals from the music industry and related fields discuss pressing topics that impact the entertainment sector, both locally and globally. By participating in these seminars, Leadership Music aims to cultivate forward-thinking leaders, contributing to the growth and evolution of the creative industry. The organization operates with a modest workforce of four dedicated individuals.
Official website here: www.leadershipmusic.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81%, Three-Star out of Four Star rating.
Leadership Music has received an 81% rating, indicating a generally positive evaluation of its operations and effectiveness. The organization excels in areas such as Leadership & Adaptability, where it scored a perfect 100, and demonstrates strong financial accountability, with an Accountability & Finance score of 74%. The majority of the board members are independent, which is a key strength in ensuring objective governance.
In terms of community engagement, Leadership Music also stands out with a high Culture & Community score of 93%. This suggests a strong commitment to fostering a positive organizational culture and community involvement, which is essential for nonprofits. The organization has also been diligent in maintaining transparent financial practices, as indicated by its low liabilities to assets ratio and robust program expense ratio of 62.45%.
However, there are some limitations to note. Leadership Music is lacking in key governance policies, specifically a conflict of interest policy and a whistleblower policy, which could raise concerns about its operational integrity. Additionally, while the organization demonstrates strong leadership qualities, it may need to address these governance gaps to enhance overall accountability and transparency.
This AI summary has been generated from information found on Charity Navigator.
Is Leadership Music legitimate?
Leadership Music is a legitimate nonprofit organization registered as a 501(c)(3) entity. Leadership 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: $177,457
Professional Fundraising Fees: $0
Other Salaries and Wages: $110,344
For more financial information, click here
Official website here: www.leadershipmusic.org
What is the mission statement of Leadership Music?
Leadership Music's mission is to foster a forward-thinking community of leaders who significantly influence the creative industry. This is achieved through their primary program, an annual series of educational seminars. These seminars bring together industry leaders from music and related fields to discuss and address prominent topics impacting the entertainment sector, both in the local Nashville area and globally.
Official website here: www.leadershipmusic.org
Who is the CEO of Leadership Music?
David Kells is the President of Leadership Music.
Official website here: www.leadershipmusic.org
What is the revenue of Leadership Music?
Leadership Music's revenue in 2022 was $604,260.
Official website here: www.leadershipmusic.org
Who are the executives of Leadership Music and what are their salaries?
The average compensation at Leadership Music during 2022 was $71,950. There are 4 employees and 75 volunteers at Leadership Music.
Here are 28 key members and their salaries:
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Official website here: www.leadershipmusic.org
Where can I find the form 990 for Leadership Music?
Leadership Music's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.leadershipmusic.org
Learn more at the official website: www.leadershipmusic.org
Mission Statement of Leadership Music
Leadership Music, a notable organization, is committed to cultivating a forward-thinking community of leaders who significantly influence the creative industry. Their mission is to foster an environment where leaders from the music industry and related fields can engage in discussions about topics that impact the entertainment community, not just locally in Nashville, but on a global scale. The organization achieves this through its primary program, an annual series of educational seminars that focus on topical issues affecting the entertainment sector. These seminars serve as a platform for influential individuals in the music industry to share their insights and perspectives, thereby contributing to the overall growth and development of the sector.
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Impact
July, 2024
Leadership Music plays a crucial role in shaping the future of the creative industry by cultivating a community of forward-thinking leaders. Through its annual series of educational seminars, the organization brings together influential figures from the music industry and related fields to address key topics that impact the entertainment community. By facilitating these discussions and fostering connections, Leadership Music serves as a catalyst for innovation and collaboration within the creative sector. The impact of Leadership Music extends beyond Nashville, reaching a global audience and contributing to the evolution of the music and arts landscape.
This information is meant to be a general summary of Leadership 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 2022.
- Investment Income: -$2,956
- Program Service Revenue: $160,998
- Gross Receipts: $608,026
Assets and Liabilities:
- Total Assets: $1,744,017
- Total Liabilities: $8,910
- Net Assets: $1,735,107
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM TUITION FEES
Revenue
$63,000
PROGRAM REIMBURSEMENTS
Revenue
$57,900
MEMBER DUES
Revenue
$38,100
ALUMNI EVENTS
Revenue
$1,998
Organization Details
Founding Year
1989
Phone
(615) 770-7090Principal Officer
David Kells
Main Address
P O BOX 120478, NASHVILLE, TN, 37212
Website
www.leadershipmusic.orgNTEE Category
Code: A68 - Arts
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