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Taylor Music Group

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

EIN: 621833006 ✦ Charleston, SC ✦ Designated as a 501(c)(3)

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Overview

What is Taylor Music Group?

Taylor Music Group is a nonprofit organization situated in Charleston, South Carolina. Committed to excellence, they offer educational programs and performance opportunities for vocalists and fiddlers. Their primary mission involves providing top-notch performances and tours, enriching both the participants and the audience. By fostering talent and sharing it through live performances, Taylor Music Group contributes positively to the local and broader musical community.


Official website here: www.tmgcharleston.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: 68%, earning it a Two-Star out of Four Star rating. This rating indicates that while Taylor Music Group demonstrates some responsible financial practices, there are significant areas for improvement, particularly in governance and transparency.

The organization showcases strengths in several areas, including a fully independent board and a high program expense ratio, suggesting a strong commitment to its mission. The absence of material asset diversion and adherence to policies regarding conflicts of interest further highlight its accountability. These factors contribute positively to its financial health and operational integrity.

However, the rating is tempered by notable weaknesses. The nonprofit lacks essential policies such as a whistleblower policy and a document retention policy, which are crucial for effective governance. Additionally, the liabilities to assets ratio is concerning at 99.84%, indicating potential financial vulnerabilities. Furthermore, the absence of required tax documents on its website raises transparency issues that could affect stakeholder trust.


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

Is Taylor Music Group legitimate?

Taylor Music Group is a legitimate nonprofit organization registered as a 501(c)(3) entity. Taylor Music Group submitted a form 990EZ, 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.


Official website here: www.tmgcharleston.com

What is the mission statement of Taylor Music Group?

Taylor Music Group is dedicated to offering top-notch educational opportunities for vocalists and fiddlers, as well as providing them with performance chances. Moreover, the group is committed to delivering high-quality live performances and tours. Based in Charleston, SC, Taylor Music Group aims to foster the growth and development of musical talent, providing a platform for performance and showcasing their skills to audiences.


Official website here: www.tmgcharleston.com

Who is the CEO of Taylor Music Group?

Robert Taylor is the President of Taylor Music Group.


Official website here: www.tmgcharleston.com

What is the revenue of Taylor Music Group?

Taylor Music Group's revenue in 2022 was $57,329.


Official website here: www.tmgcharleston.com

Who are the executives of Taylor Music Group and what are their salaries?


Here are 3 key members and their salaries:


Robert Taylor (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Will Royal (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Helena Dilling (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.tmgcharleston.com

Where can I find the form 990EZ for Taylor Music Group?

Taylor Music Group's most recent form 990EZ was submitted in 2022 and can be accessed here.


Official website here: www.tmgcharleston.com

Learn more at the official website: www.tmgcharleston.com

Mission Statement of Taylor Music Group

Taylor Music Group, as a mission-driven organization, is dedicated to offering top-notch educational opportunities for vocalists and fiddlers. Beyond education, it also provides these artists with valuable performance chances and organizes high-quality tours. Positioned in Charleston, SC, this group's primary focus is on nurturing talent and delivering engaging performances to audiences.

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Impact




August, 2024

Taylor Music Group has made a significant impact by providing quality education, performance opportunities for vocalists and fiddlers, and organizing high-quality performances and tours in Charleston, SC. Through their dedication to fostering talent and promoting the arts, Taylor Music Group has enriched the local arts community and provided valuable opportunities for aspiring musicians to develop and showcase their skills. Their commitment to excellence has helped elevate the cultural landscape of Charleston and inspired countless individuals to pursue their passion for music.




This information is meant to be a general summary of Taylor Music Group. 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
$57,329 (2022)
Expenses
$74,715 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $14,184
  • Gross Receipts: $57,329

Assets and Liabilities:

  • Total Assets: $1,096
  • Total Liabilities: $18,463
  • Net Assets: -$17,367

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Organization Details

Principal Officer

Robert Taylor

Main Address

164 Market Street 325, Charleston, SC, 29401

NTEE Category

Code: A6B - Arts

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