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Kadima Conservatory Of Music Inc

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

EIN: 870719277 ✦ Sherman oaks, CA ✦ Designated as a 501(c)(3)

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Overview

What is Kadima Conservatory Of Music Inc?

Kadima Conservatory of Music Inc, situated in Sherman Oaks, California, serves as a platform for musical growth. This nonprofit organization offers a comprehensive music education experience to its students, providing private musical tutoring alongside orchestral participation. The conservatory's mission is twofold: to provide a stage for music students to showcase their talents through free community concerts, and to create opportunities for employment and advancement within the music industry for these students. The conservatory's location at 14023 Chandler Blvd, Sherman Oaks, CA 91401, reflects its commitment to the local community and its passion for fostering musical talent.


Official website here: www.kadimaconservatory.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: 64% (Two-Star out of Four Stars)

Kadima Conservatory Of Music Inc has received a Two-Star rating from Charity Navigator, reflecting a moderate level of accountability and finance practices. The organization demonstrates strengths such as having a majority of independent board members and a high program expense ratio of 98.83%, indicating that most of its funds are allocated towards its mission-related activities.

However, there are several significant limitations noted in the evaluation. The charity is missing crucial policies such as a conflict of interest policy and a whistleblower policy, which are essential for maintaining transparency and accountability. Additionally, the organization's liabilities to assets ratio is notably high at 538.55%, which raises concerns about its financial stability.

Despite some strong governance elements, including documented board meeting minutes and having its tax form available on the website, the overall score suggests that there are important areas for improvement in governance and financial management practices for Kadima Conservatory Of Music Inc.


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

Is Kadima Conservatory Of Music Inc legitimate?

Kadima Conservatory Of Music Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Kadima Conservatory Of Music 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: $14,550
Professional Fundraising Fees: $0
Other Salaries and Wages: $144,175

For more financial information, click here


Official website here: www.kadimaconservatory.com

What is the mission statement of Kadima Conservatory Of Music Inc?

Kadima Conservatory of Music Inc aims to offer a conservatory-style music education experience to its students. This includes providing private musical instruction and an orchestral experience, while also offering free music concerts to the community. The primary objective of the conservatory is to create employment opportunities and advancement prospects for its music students. The program also provides a structured setting for a comprehensive music program, offering orchestral experiences to its students.


Official website here: www.kadimaconservatory.com

Who is the CEO of Kadima Conservatory Of Music Inc?

Beth Elliott is the Ceo of Kadima Conservatory Of Music Inc. The CEO's salary of Kadima Conservatory Of Music Inc is $14,550 and their total compensation is $14,550.


Official website here: www.kadimaconservatory.com

What is the revenue of Kadima Conservatory Of Music Inc?

Kadima Conservatory Of Music Inc's revenue in 2023 was $184,357.


Official website here: www.kadimaconservatory.com

Who are the executives of Kadima Conservatory Of Music Inc and what are their salaries?

There 40 volunteers at Kadima Conservatory Of Music Inc.


There is 1 key member and their salary:


Beth Elliott (Ceo)
  • Compensation: $14,550
  • Related: $0
  • Other: $0


Official website here: www.kadimaconservatory.com

Where can I find the form 990 for Kadima Conservatory Of Music Inc?

Kadima Conservatory Of Music Inc's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.kadimaconservatory.com

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

Mission Statement of Kadima Conservatory Of Music Inc

Kadima Conservatory of Music Inc is committed to offering a conservatory-style music experience. This nonprofit organization provides private musical instruction to students, immersing them in a comprehensive musical journey. Beyond individual tutoring, Kadima Conservatory of Music also offers an orchestral experience, enabling students to gain a broader understanding of music and collaboration. Furthermore, the conservatory extends its services to the community by hosting free music concerts. In addition to these educational endeavors, Kadima Conservatory of Music aims to create employment opportunities and advancement prospects for its music students. The conservatory's structure facilitates a full music program, ultimately nurturing both talent and career growth within the field of music.

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Impact




October, 2024

Kadima Conservatory of Music Inc significantly enriches its community by offering a comprehensive conservatory-style music education. Students benefit from personalized musical instruction and gain invaluable experience through orchestral participation, which enhances their skills and prepares them for future opportunities in music.

The conservatory also plays a crucial role in fostering a vibrant cultural environment by providing free music concerts for the community, promoting appreciation for the arts, and creating a space where diverse audiences can come together to experience live performances. Additionally, Kadima Conservatory supports the professional development of its students by offering employment opportunities, thus contributing to their growth and advancement in the field of music. Overall, the conservatory's impact extends beyond education, enriching the local arts landscape and creating a sense of community through music.




This information is meant to be a general summary of Kadima Conservatory Of Music 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.

Revenue
$184,357 (2023)
Expenses
$176,022 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Program Service Revenue: $26,521
  • Gross Receipts: $184,357

Assets and Liabilities:

  • Total Assets: $10,658
  • Total Liabilities: $57,400
  • Net Assets: -$46,742

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Programs

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

Orchestral Payments

Revenue

$26,521

Organization Details

Founding Year

2000

Principal Officer

Beth Elliott

Main Address

14023 Chandler Blvd, Sherman Oaks, CA, 91401

NTEE Category

Code: A6C - Arts

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