Overview
What is Music Learning Foundation?
The Music Learning Foundation, located in Rockwall, Texas, is a nonprofit organization that offers an exceptional opportunity for over 100 young musicians. Their mission revolves around music education and performance, providing a platform for these talented individuals to showcase their skills. The foundation arranges tours within the Southwest region, covering expenses such as food, lodging, transportation, and concert-related costs. This experience not only enhances their musical abilities but also offers them a chance to perform in various concerts, broadening their horizons and enriching their musical journey.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73% (Two-Star out of Four Stars)
The Music Learning Foundation has received a Two-Star rating from Charity Navigator, primarily based on its accountability and financial practices. The score reflects a strong performance in certain areas, such as having a fully independent board and a solid program expense ratio, indicating that all funds are directed towards its mission. The organization has also demonstrated good governance by documenting board meeting minutes and managing its assets responsibly.
Despite these strengths, the foundation has significant gaps in its policies, lacking a conflict of interest policy, whistleblower policy, and guidelines for document retention and destruction. These missing elements suggest areas for improvement in organizational governance. While the foundation shows a commitment to financial accountability, addressing these policy deficiencies will be essential for bolstering its overall rating.
Overall, while the Music Learning Foundation maintains commendable financial practices, the absence of critical governance policies may impact its perceived transparency and reliability. Enhancing these areas could potentially lead to a higher rating and greater trust among stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Music Learning Foundation legitimate?
Music Learning Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Music Learning Foundation 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:
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Professional Fundraising Fees: $0
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What is the mission statement of Music Learning Foundation?
The Music Learning Foundation's mission revolves around providing music education and performance experiences for young musicians. Through their initiatives, they offer over 100 children the chance to embark on tours across the southwestern region of the country, showcasing their talents in concerts. This involves covering various expenses related to food, lodging, transportation, and concert-related costs during their journeys.
Who is the CEO of Music Learning Foundation?
Jerry C Bishop is the President of Music Learning Foundation.
What is the revenue of Music Learning Foundation?
Music Learning Foundation's revenue in 2022 was $133,198.
Who are the executives of Music Learning Foundation and what are their salaries?
Here are 5 key members and their salaries:
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Where can I find the form 990 for Music Learning Foundation?
Music Learning Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Music Learning Foundation
The Music Learning Foundation, as its name suggests, is dedicated to providing music education and performance opportunities for young musicians. Their mission is to offer a comprehensive musical experience to over 100 children, allowing them to showcase their talents in concerts across the Southwest region of the country. This includes covering expenses such as food, lodging, transportation, and other concert-related costs during their tours. The foundation's aim is to provide a platform for these young musicians to grow, learn, and perform, fostering a love for music and nurturing their talents.
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Impact
October, 2024
Music Learning Foundation significantly impacts young musicians by providing them with invaluable music education and performance opportunities. Each year, over 100 children are afforded the chance to travel across the Southwest region to participate in concerts, enhancing their musical skills and confidence. The program covers essential expenses like food, lodging, transportation, and concert-related costs, ensuring that these young artists can focus on their performances without financial burden. This immersive experience not only fosters their musical talent but also cultivates personal growth, teamwork, and cultural appreciation, ultimately shaping the next generation of musicians.
This information is meant to be a general summary of Music Learning Foundation. 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.
- Program Service Revenue: $133,198
- Gross Receipts: $133,198
Assets and Liabilities:
- Total Assets: $63,794
- Total Liabilities: -$158
- Net Assets: $63,952
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CONCERTS AND CAMPS
Revenue
$133,198
Organization Details
Founding Year
2005
Phone
(972) 499-0831Principal Officer
Jerry C Bishop
Main Address
3021 RIDGE ROAD STE A176, ROCKWALL, TX, 75032
NTEE Category
Code: A25 - Arts
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