Overview
What is The Maestro Foundation?
The Maestro Foundation, situated in Santa Monica, California, is a nonprofit organization led by Robin Stanton. Its primary mission is to foster the development of young classical musicians and stimulate an appreciation for classical music. Through their initiatives, they nurture talented young musicians, promoting the timeless art form of classical music. The foundation serves as a platform for aspiring musicians, fostering their growth and encouraging others to appreciate this cherished genre.
Official website here: www.maestrofoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (Two-Star out of Four Stars, 73%)
The Maestro Foundation has received a two-star rating from Charity Navigator, indicating that the organization is rated as needing improvement. The overall score of 73% reflects strong performance in certain areas, including a solid program expense ratio of 82.84%, which suggests that a significant portion of its resources is directed toward its mission-related activities. Additionally, the board of directors demonstrates a good level of independence, with 71% independent members.
However, there are notable weaknesses that impact the foundation's rating. Most critically, the organization lacks key financial transparency elements, such as financial statements and a posted tax form on its website, which resulted in a score of zero in those categories. Missing policies, including a whistleblower policy and document retention procedures, further undermine its accountability and governance practices, which are essential for building donor trust and ensuring compliance.
In conclusion, while The Maestro Foundation showcases strengths in effective program spending and board independence, significant gaps in financial transparency and governance policies need to be addressed to improve its rating and public perception.
This AI summary has been generated from information found on Charity Navigator.
Is The Maestro Foundation legitimate?
The Maestro Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Maestro Foundation 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: $81,070
Professional Fundraising Fees: $0
Other Salaries and Wages: $73,952
For more financial information, click here
Official website here: www.maestrofoundation.org
What is the mission statement of The Maestro Foundation?
The Maestro Foundation's mission is centered around nurturing young classical musicians and fostering an appreciation for classical music. It strives to achieve this objective by providing a conducive environment where these budding musicians can grow and thrive. The foundation's activities aim to not only cultivate the talent of these musicians but also to spread the love for classical music to a wider audience.
Official website here: www.maestrofoundation.org
Who is the CEO of The Maestro Foundation?
Robin Stanton is the Executive Director of The Maestro Foundation. The CEO's salary of The Maestro Foundation is $0 and their total compensation is $0.
Official website here: www.maestrofoundation.org
What is the revenue of The Maestro Foundation?
The Maestro Foundation's revenue in 2022 was $528,251.
Official website here: www.maestrofoundation.org
Who are the executives of The Maestro Foundation and what are their salaries?
The average compensation at The Maestro Foundation during 2022 was $15,502. There are 10 employees and 7 volunteers at The Maestro Foundation.
Here are 8 key members and their salaries (The Maestro Foundation's CEO's salary is $0 and their total compensation is $0):
- Compensation: $81,070
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.maestrofoundation.org
Where can I find the form 990 for The Maestro Foundation?
The Maestro Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.maestrofoundation.org
Learn more at the official website: www.maestrofoundation.org
Mission Statement of The Maestro Foundation
The Maestro Foundation, as a nonprofit organization, is dedicated to nurturing young classical musicians and fostering an appreciation for classical music. Under the guidance of Robin Stanton, this entity works tirelessly to support up-and-coming musicians in their artistic journeys. By encouraging the love and understanding of classical music, The Maestro Foundation aims to contribute to the musical landscape and inspire future generations.
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Impact
July, 2024
The Maestro Foundation's impact lies in nurturing young classical musicians and fostering the appreciation of classical music. Under the guidance of Robin Stanton in Santa Monica, CA, the foundation provides opportunities for talented individuals to develop their skills and share their passion for classical music with others. Through its mission, The Maestro Foundation contributes to the preservation and advancement of classical music, enriching both the lives of aspiring musicians and the broader community.
This information is meant to be a general summary of The Maestro Foundation. 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: $126,364
- Gross Receipts: $528,251
Assets and Liabilities:
- Total Assets: $4,892,875
- Total Liabilities: $16,023
- Net Assets: $4,876,852
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Organization Details
Founding Year
1983
Principal Officer
Robin Stanton
Main Address
224 15TH STREET, Santa Monica, CA, 90402
Website
www.maestrofoundation.orgNTEE Category
Code: A680 - Arts
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