Overview
What is Boston Music Institute Inc?
Boston Music Institute Inc is a nonprofit organization committed to offering top-notch and comprehensive music education to students specializing in preparatory violin, viola, cello, and piano. Their mission is to provide an enriching learning environment that fosters the development of these young musicians. The institute's activities primarily focus on preparing music students through various programs and initiatives, as outlined in their articles of incorporation. Grants for music students are also available to further support their educational pursuits.
Official website here: www.bostonmi.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 76%, Three-Star out of Four Star Rating.
Boston Music Institute Inc demonstrates strong accountability and financial practices, reflected in its overall score derived from a single beacon score focused entirely on these areas. The organization has an independent board with 100% of its members being independent, and it maintains a solid liabilities to assets ratio of 0.00%. Its program expense ratio is also commendable at 77.37%, indicating effective allocation of funds toward its mission.
However, the organization does face some limitations concerning governance policies. Notably, it lacks a conflict of interest policy, a whistleblower policy, and a document retention and destruction policy, which are important for ensuring transparency and ethical practices. These missing elements may raise concerns about the organization's governance framework despite its strong financial metrics. Overall, while Boston Music Institute Inc shows promise in its financial handling, improving its governance policies could enhance its accountability further.
This AI summary has been generated from information found on Charity Navigator.
Is Boston Music Institute Inc legitimate?
Boston Music Institute Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Boston Music Institute 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: $0
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Official website here: www.bostonmi.org
What is the mission statement of Boston Music Institute Inc?
Boston Music Institute Inc's mission is centered around providing exceptional, meaningful, and comprehensive music education to preparatory students of violin, viola, cello, and piano. The organization strives to achieve this goal through its outreach, aiming to empower these students with a well-rounded music education as per their articles of incorporation. In addition to music education, the institute may also have other purposes outlined in its articles. It provides grants to support music students in their studies.
Official website here: www.bostonmi.org
Who is the CEO of Boston Music Institute Inc?
Kyoko Horowitz is the President of Boston Music Institute Inc.
Official website here: www.bostonmi.org
What is the revenue of Boston Music Institute Inc?
Boston Music Institute Inc's revenue in 2021 was $2,157.
Official website here: www.bostonmi.org
Who are the executives of Boston Music Institute Inc and what are their salaries?
There 5 volunteers at Boston Music Institute Inc.
Here are 4 key members and their salaries:
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- Other: $0
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Official website here: www.bostonmi.org
Where can I find the form 990 for Boston Music Institute Inc?
Boston Music Institute Inc's most recent form 990 was submitted in 2021 and can be accessed here.
Official website here: www.bostonmi.org
Learn more at the official website: www.bostonmi.org
Mission Statement of Boston Music Institute Inc
Boston Music Institute Inc is dedicated to delivering exceptional, significant, and all-encompassing music education to its preparatory violin, viola, cello, and piano students. The nonprofit organization's mission is to offer a comprehensive learning experience that caters to the needs of these students, as outlined in its articles of incorporation. Boston Music Institute Inc strives to provide students with a thorough and meaningful music education, focusing on violin, viola, cello, and piano studies. This mission is reflected in the institute's commitment to offering preparatory music education to its students, aiming to help them develop their musical abilities and talents. Additionally, Boston Music Institute Inc may provide grants for music students, further supporting their musical journeys.
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Impact
August, 2024
Boston Music Institute Inc has a significant impact on the music education landscape by providing outstanding, meaningful, and comprehensive preparatory music education to students learning violin, viola, cello, and piano. By focusing on these specific instruments, the institute is able to tailor its programs to ensure students receive high-quality instruction and support in their musical endeavors. Through grants and specialized training, Boston Music Institute Inc contributes to the development of skilled musicians who go on to enrich the broader music community.
This information is meant to be a general summary of Boston Music Institute 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 2021.
- Gross Receipts: $2,157
Assets and Liabilities:
- Total Assets: $28,810
- Total Liabilities: $0
- Net Assets: $28,810
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Organization Details
Founding Year
2016
Phone
(617) 895-7578Principal Officer
Kyoko Horowitz
Main Address
PO BOX 470598, Brookline Village, MA, 02447
Website
www.bostonmi.orgNTEE Category
Code: B82 - Education
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