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Handmade Music School

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

EIN: 813788373 ✦ Floyd, VA ✦ Designated as a 501(c)(3)

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Overview

What is Handmade Music School?

The Handmade Music School, situated in Floyd, Virginia, is a nonprofit organization that thrives on providing music workshops, classes, lessons, and after-school programs. Their primary mission is to foster the creative process in the local youth community through a diverse range of experiential programs. With a small team of four dedicated individuals, this institution is committed to nurturing the next generation of musicians and artists.


Official website here: www.handmademusicschool.com/

What are the reviews and ratings of this charity?

Charity Navigator Rating: 76%, Three-Star out of Four Star rating. This rating indicates that Handmade Music School demonstrates a satisfactory level of accountability and finance practices based on available data. The organization excels in several areas, particularly in governance, with 100% independent board members and no material diversion of assets, showcasing a transparent and well-structured leadership.

Despite its strengths, the organization has notable limitations, particularly concerning its policies. The absence of a whistleblower policy and a document retention and destruction policy raises concerns about its internal governance and risk management practices. Additionally, while the liabilities to assets ratio is somewhat healthy at 59.05%, it indicates a potential need for better financial management strategies.

Overall, Handmade Music School maintains a solid program expense ratio of 81.89%, suggesting that a significant portion of its funds is directed towards fulfilling its mission. Enhancing its policies and addressing weaknesses in governance could improve its standing and effectiveness, ultimately supporting its mission more robustly.


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

Is Handmade Music School legitimate?

Handmade Music School is a legitimate nonprofit organization registered as a 501(c)(3) entity. Handmade Music School 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: $6,555
Professional Fundraising Fees: $0
Other Salaries and Wages: $8,415

For more financial information, click here


Official website here: www.handmademusicschool.com/

What is the mission statement of Handmade Music School?

Handmade Music School's mission is centered around educating the youth in the community, focusing on the creative process. They achieve this goal through a diverse range of interactive programs, which include music workshops, lessons, classes, and after-school activities. The school's mission is to foster creativity and learning in young individuals, thereby contributing to their overall development.


Official website here: www.handmademusicschool.com/

Who is the CEO of Handmade Music School?

Andrew D Locke is the Executive Director of Handmade Music School.


Official website here: www.handmademusicschool.com/

What is the revenue of Handmade Music School?

Handmade Music School's revenue in 2020 was $129,414.


Official website here: www.handmademusicschool.com/

Who are the executives of Handmade Music School and what are their salaries?

The average compensation at Handmade Music School during 2020 was $3,742. There are 4 employees and 3 volunteers at Handmade Music School.


Here are 4 key members and their salaries:


Andrew D Locke (Executive Director)
  • Compensation: $6,555
  • Related: $0
  • Other: $0
Joseph Dejarnette (President)
  • Compensation: $400
  • Related: $0
  • Other: $0
Thomas M Traynam (Vice President)
  • Compensation: $2,723
  • Related: $0
  • Other: $0
Jennifer Finn (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.handmademusicschool.com/

Where can I find the form 990 for Handmade Music School?

Handmade Music School's most recent form 990 was submitted in 2020 and can be accessed here.


Official website here: www.handmademusicschool.com/

Learn more at the official website: www.handmademusicschool.com/

Mission Statement of Handmade Music School

Handmade Music School, a notable entity, is dedicated to instilling the creative process in the young members of its community. They achieve this mission through an array of experiential programs, which include music workshops, classes, lessons, and after-school activities. By engaging young people in these programs, Handmade Music School encourages their artistic growth and fosters a deeper appreciation for music. The school's approach to teaching is hands-on and immersive, allowing students to explore various aspects of music and develop their own unique talents.

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Impact




October, 2024

Handmade Music School profoundly impacts the community by fostering creativity and artistic expression among young people through a diverse array of experiential programs. By offering music workshops, classes, lessons, and after-school programs, the school empowers youth to explore their musical talents and learn the creative process. Situated in Floyd, VA, it cultivates a supportive environment where students can connect with their peers, develop new skills, and build confidence in their abilities. The school's commitment to arts education enriches the community, inspiring a new generation to appreciate and engage in music.




This information is meant to be a general summary of Handmade Music School. 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
$129,414 (2020)
Expenses
$105,061 (2020)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2020.

  • Investment Income: $2
  • Program Service Revenue: $33,489
  • Gross Receipts: $132,083

Assets and Liabilities:

  • Total Assets: $111,907
  • Total Liabilities: $66,085
  • Net Assets: $45,822

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

Lessons and workshops

Revenue

$33,489

Organization Details

Founding Year

2016

Principal Officer

Andrew D Locke

Main Address

206 S Locust St, Floyd, VA, 24091

NTEE Category

Code: A68 - Arts

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