Overview
What is Nad Music Institute?
Nad Music Institute is a nonprofit organization situated in Renton, Washington, with the postal address 19035 176th Ave SE, 98058. Their primary focus is on the exploration, conservation, and instruction of music. They achieve this goal by collaborating with renowned experts worldwide, contributing to research in the field. The institute's activities extend beyond its borders, engaging with various organizations to promote music and its development. While the description does not provide specifics on the resources or services they offer to the public, it is evident that Nad Music Institute is dedicated to advancing music knowledge and appreciation on a global scale.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star rating, 73%)
The Nad Music Institute has received a two-star rating from Charity Navigator, indicating that it needs improvement in certain areas despite a strong performance in accountability and finance. The organization scored a perfect 100% in this category, demonstrating effective governance practices with an independent board and robust management of its assets.
However, there are notable weaknesses that have impacted its overall rating. The absence of key policies, including a conflict of interest policy, whistleblower policy, and document retention and destruction policy, has resulted in a score of zero in these areas. Additionally, the nonprofit has not posted its tax form on its website, which further detracts from its transparency efforts.
While the program expense ratio is commendable at 91.09%, indicating a significant portion of funds is directed toward its mission, the lack of essential governance policies raises concerns about its operational integrity. Overall, while the Nad Music Institute exhibits strengths in financial accountability, it must address these governance deficiencies to improve its standing.
This AI summary has been generated from information found on Charity Navigator.
Is Nad Music Institute legitimate?
Nad Music Institute is a legitimate nonprofit organization registered as a 501(c)(3) entity. Nad Music Institute 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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What is the mission statement of Nad Music Institute?
The Nad Music Institute is dedicated to advancing the field of music through research, preservation, and education. They achieve this by collaborating with expert individuals and organizations worldwide. The institute's mission is to delve into the intricacies of music, protect its rich heritage, and disseminate knowledge in the field. Their work involves conducting research and fostering partnerships to contribute to the global music community.
Who is the CEO of Nad Music Institute?
Manjit Bajwa is the President of Nad Music Institute.
What is the revenue of Nad Music Institute?
Nad Music Institute's revenue in 2022 was $79,247.
Who are the executives of Nad Music Institute and what are their salaries?
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Nad Music Institute?
Nad Music Institute's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Nad Music Institute
Nad Music Institute, as a nonprofit organization, is dedicated to the research, preservation, and education of music. Through collaborations with expert individuals and organizations globally, Nad Music Institute aims to delve deeper into the world of music, ensuring its continuity and growth. The institute's mission is to contribute to the field of music in a meaningful way, fostering a deeper understanding and appreciation for this art form. By conducting research and engaging in collaborative efforts, Nad Music Institute plays a vital role in advancing music knowledge and promoting its preservation for future generations.
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Impact
August, 2024
Nad Music Institute's impact lies in its dedicated efforts to research, preserve, and educate individuals in the realm of music. By collaborating with experts from various parts of the world, this institute plays a crucial role in advancing musical knowledge and appreciation. Through its activities, Nad Music Institute contributes significantly to the enrichment and promotion of the arts on a global scale.
This information is meant to be a general summary of Nad Music Institute. 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: $5,495
- Gross Receipts: $79,247
Assets and Liabilities:
- Total Assets: $129,770
- Total Liabilities: $0
- Net Assets: $129,770
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Organization Details
Principal Officer
Manjit Bajwa
Main Address
19035 176th Ave SE, Renton, WA, 98058
NTEE Category
Code: A68 - Arts
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