Overview
What is Music Academy Of The West?
The Music Academy of the West is a distinguished nonprofit organization based in Santa Barbara, California. With a mission to advance the next generation of great classically trained musicians, they offer a full-scholarship summer school and festival for 135 talented fellows aged 18 to 34. Over eight intensive weeks, these fellows study under over 50 exceptional teaching artists, attend more than 100 concerts and masterclasses, and forge connections with the community through unique programs. The academy is committed to engaging diverse audiences by offering affordable community access tickets, and includes entrepreneurial and leadership training opportunities within the curriculum. With a team of 84 employees, the Music Academy of the West is making a significant impact on the music world by fostering the development of promising musicians and cultivating discerning, appreciative, and adventurous audiences.
Official website here: www.musicacademy.org
What are the reviews and ratings of this charity?
Charity Navigator rating: 100% (Four-Star out of Four Star rating)
The Music Academy of the West holds an impressive Four-Star rating from Charity Navigator, reflecting its strong performance in Accountability and Finance. With a perfect score of 100%, the organization demonstrates a commitment to transparency and effective management of resources, indicating that donors can trust their contributions will be used wisely.
Strengths highlighted in the evaluation include a fully independent board with 25 members, ensuring unbiased governance. The organization has also excelled in financial oversight, with no material diversions of assets reported and high ratios of program expenses relative to overall expenditures. Additionally, the Music Academy has established comprehensive policies for conflict of interest and whistleblower protections, further enhancing its accountability.
Despite its strengths, the report does not indicate any notable limitations or concerns within the organization, suggesting a well-run operation. Overall, the Music Academy of the West exemplifies a model nonprofit dedicated to its mission and the stewardship of donor funds.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Music Academy Of The West?
94% of 221 reviewers on Facebook recommend Music Academy of the West. Here is a summary of their reviews: The organization is highly praised for its commitment to community engagement, particularly through its accessible summer festival tickets. Many participants express gratitude for the emphasis on allowing local residents to partake in world-class musical events, highlighting a genuine effort to foster appreciation for the arts in Santa Barbara.
The feedback often celebrates the free tickets provided for children, recognizing the potential impact of such opportunities in nurturing future musicians and arts enthusiasts. Overall, the sentiment is overwhelmingly positive, with supporters valuing both the quality of the events and the commitment to inclusivity within the community. This nonprofit effectively creates connections and enhances the cultural landscape for its audience.
This AI summary has been generated from reviews found on Facebook.
Is Music Academy Of The West legitimate?
Music Academy Of The West is a legitimate nonprofit organization registered as a 501(c)(3) entity. Music Academy Of The West 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: $1,539,072
Professional Fundraising Fees: $16,852
Other Salaries and Wages: $2,201,623
For more financial information, click here
Official website here: www.musicacademy.org
What is the mission statement of Music Academy Of The West?
The Music Academy of the West plays a distinctive role in the world of music by fostering the growth of the next generation of excellent classical musicians and encouraging discerning, appreciative, and adventurous audiences. Through its annual summer school and festival, the academy offers scholarships to 135 classically trained fellows, ranging in age from 18 to 34. During this intensive eight-week program, the fellows receive guidance from over 50 exceptional teaching artists, perform in more than 100 concerts and masterclasses, and forge connections with the community. The academy also seeks to engage diverse audiences by offering affordable access tickets and welcoming individuals from various generations, cultures, and backgrounds. Additionally, fellows receive entrepreneurial and leadership training opportunities and wellness services as part of the academy's philosophy.
Official website here: www.musicacademy.org
Who is the CEO of Music Academy Of The West?
Scott Reed is the President & Ceo of Music Academy Of The West. The CEO's salary of Music Academy Of The West is $501,663 and their total compensation is $572,756.
Official website here: www.musicacademy.org
What is the revenue of Music Academy Of The West?
Music Academy Of The West's revenue in 2022 was $12,864,045.
Official website here: www.musicacademy.org
Who are the executives of Music Academy Of The West and what are their salaries?
The average compensation at Music Academy Of The West during 2022 was $44,532. There are 84 employees and 300 volunteers at Music Academy Of The West.
Here are 35 key members and their salaries (Music Academy Of The West's CEO's salary is $501,663 and their total compensation is $572,756):
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- Compensation: $501,663
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- Other: $27,862
Official website here: www.musicacademy.org
Where can I find the form 990 for Music Academy Of The West?
Music Academy Of The West's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.musicacademy.org
Learn more at the official website: www.musicacademy.org
Mission Statement of Music Academy Of The West
The Music Academy of the West, a renowned organization, plays a unique role in the music world by fostering the next generation of great classically trained musicians and cultivating discerning, appreciative, and adventurous audiences. By offering a full-scholarship summer school and festival, this esteemed institution welcomes 135 fellows between the ages of 18 and 34 to delve into intensive musical training. For eight inspiring weeks, these gifted individuals work closely with over 50 exceptional teaching artists, performing in more than 100 concerts and masterclasses.
Moreover, the Music Academy of the West extends its reach to diverse audiences by offering affordable $10 community access tickets and embracing individuals from all generations, cultures, and backgrounds. The organization also fosters entrepreneurial and leadership skills as part of the summer curriculum, ensuring that its fellows are well-prepared for the demands of the professional music world. Additionally, the Music Academy prioritizes the well-being of its students with wellness services under the umbrella of its "Live Well, Perform Well" philosophy. Through these endeavors, the Music Academy of the West continues to make a significant impact on the music landscape, shaping the future of classical music and inspiring new generations of passionate musicians and music lovers.
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Impact
October, 2024
The Music Academy of the West significantly influences the music landscape by nurturing the next generation of classically trained musicians and fostering a vibrant community of music enthusiasts. Through its full-scholarship summer school and festival, it offers an intensive program for 135 talented fellows, aged 18 to 34, who receive mentorship from over 50 distinguished teaching artists. This initiative not only enhances their musical skills through more than 100 concerts and masterclasses but also equips them with essential entrepreneurial and leadership training, promoting a well-rounded development.
Furthermore, the Academy actively engages diverse audiences by providing affordable access to performances with $10 community tickets, inviting individuals from various backgrounds to experience the transformative nature of music. This commitment to inclusivity helps cultivate a discerning and adventurous audience, enriching the cultural fabric of the Santa Barbara community and beyond. Additionally, the Academy's focus on wellness, encapsulated in its "Live Well, Perform Well" philosophy, ensures that its fellows are not only exceptional musicians but also well-prepared for the challenges of a professional career in the arts. Through these multifaceted programs, the Music Academy of the West leaves a lasting impact on both the artists it nurtures and the community it serves.
This information is meant to be a general summary of Music Academy Of The West. 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.
- Investment Income: $1,654,902
- Program Service Revenue: $871,710
- Gross Receipts: $19,902,960
Assets and Liabilities:
- Total Assets: $109,781,718
- Total Liabilities: $11,288,037
- Net Assets: $98,493,681
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CONCERTS & RECITALS
Revenue
$606,964
VENUE & STUDIO RENTALS
Revenue
$180,313
APPLICATION FEES
Revenue
$84,433
Organization Details
Founding Year
1947
Phone
(805) 969-4726Principal Officer
Scott Reed
Main Address
1070 FAIRWAY DRIVE, SANTA BARBARA, CA, 93108
Website
www.musicacademy.orgNTEE Category
Code: A6E0 - Arts
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