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Center For Music Ecosystems

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

EIN: 852697785 ✦ Huntsville, AL ✦ Designated as a 501(c)(3)

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Overview

What is Center For Music Ecosystems?

The Center for Music Ecosystems is a nonprofit organization situated in Huntsville, Alabama. Its primary objective is to comprehend, advance, and enrich music ecosystems, thereby amplifying their role in fostering economic and social development within communities. The organization's mission focuses on empowering leaders globally to make informed decisions that can effectively support their respective music ecosystems.


Official website here: www.centerformusicecosystems.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: 79%, Three-Star out of Four Star rating

The Center For Music Ecosystems has received a rating of 79%, indicating a solid performance in terms of accountability and finance. This score is primarily based on their financial management practices, showcasing a high program expense ratio of 94.59%, which reflects their commitment to allocating funds effectively towards their mission. The organization benefits from a fully independent board, which is a positive indicator of governance.

However, there are notable areas for improvement. The absence of a conflict of interest policy, whistleblower policy, and document retention policy raises concerns about transparency and risk management. While they maintain thorough documentation of board meeting minutes and have made their financial forms accessible, the lack of these policies could potentially affect their operational integrity.

Overall, while the Center For Music Ecosystems demonstrates strong financial practices and governance structure, addressing the missing policies could enhance their accountability and further improve their rating in the future.


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

Is Center For Music Ecosystems legitimate?

Center For Music Ecosystems is a legitimate nonprofit organization registered as a 501(c)(3) entity. Center For Music Ecosystems 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

For more financial information, click here


Official website here: www.centerformusicecosystems.com

What is the mission statement of Center For Music Ecosystems?

The Center for Music Ecosystems' mission is centered around empowering leaders globally. Their primary objective is to enable these leaders to make the most informed decisions possible, with the aim of supporting their respective music ecosystems. The organization's broader mission involves understanding, advancing, and enriching music ecosystems, ultimately increasing their role and impact on the economic and social development of communities.


Official website here: www.centerformusicecosystems.com

Who is the CEO of Center For Music Ecosystems?

Shain Shapiro is the Executive Di of Center For Music Ecosystems.


Official website here: www.centerformusicecosystems.com

What is the revenue of Center For Music Ecosystems?

Center For Music Ecosystems's revenue in 2022 was $147,145.


Official website here: www.centerformusicecosystems.com

Who are the executives of Center For Music Ecosystems and what are their salaries?

There 1 volunteer at Center For Music Ecosystems.


Here are 4 key members and their salaries:


Shain Shapiro (Executive Di)
  • Compensation: $0
  • Related: $55,604
  • Other: $0
Kate Durio (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Lavia (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephen Parker (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.centerformusicecosystems.com

Where can I find the form 990 for Center For Music Ecosystems?

Center For Music Ecosystems's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.centerformusicecosystems.com

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

Mission Statement of Center For Music Ecosystems

The Center for Music Ecosystems, as a nonprofit organization, is committed to empowering leaders worldwide to make the most informed decisions possible to support their music ecosystems. Its mission is centered around understanding, advancing, and enriching music ecosystems, aiming to increase their role and impact on the economic and social development of communities. By doing so, the Center for Music Ecosystems seeks to provide valuable insights and resources to those in charge of music industries, ultimately contributing to their growth and success.

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Impact




October, 2024

The Center For Music Ecosystems significantly impacts global music communities by empowering leaders to make informed decisions that nurture and develop local music ecosystems. By focusing on understanding, advancing, and enriching these ecosystems, the organization enhances their contribution to both economic and social development within communities. The Center facilitates collaboration, resource sharing, and innovative practices that elevate the role of music as a vital component of community identity and growth. Through its initiatives, it fosters a more vibrant and interconnected music culture, ultimately driving positive change in diverse regions.




This information is meant to be a general summary of Center For Music Ecosystems. 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
$147,145 (2022)
Expenses
$128,785 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $147,145

Assets and Liabilities:

  • Total Assets: $20,208
  • Total Liabilities: $0
  • Net Assets: $20,208

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Organization Details

Founding Year

2020

Principal Officer

Shain Shapiro

Main Address

920 BOB WALLACE AVE SW 320, HUNTSVILLE, AL, 35801

NTEE Category

Code: A68 - Arts

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