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Powers Music School Inc

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

EIN: 042580633 ✦ Belmont, MA ✦ Designated as a 501(c)(3)

Overview

What is Powers Music School Inc?

Powers Music School Inc, located in Belmont, Massachusetts, is a distinguished nonprofit organization committed to providing top-notch music education and instruction to individuals of all ages. With approximately 900 students receiving tutelage annually, the school offers an array of programs that cultivate a lasting love for music. Positioned at the heart of the community, its mission is to offer access to superior music education and instruction, fostering a lifelong appreciation for the art form. Additionally, the school boasts a staff of 91 dedicated professionals. The organization runs three summer day programs, further expanding its offerings to cater to various musical interests.


Official website here: www.powersmusic.org

Is Powers Music School Inc legitimate?

Powers Music School Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Powers Music School 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.

Here are some key statistics you may want to consider:

Executive Compensation: $144,415
Professional Fundraising Fees: $0
Other Salaries and Wages: $966,342

For more financial information, click here


Official website here: www.powersmusic.org

What is the mission statement of Powers Music School Inc?

Powers Music School Inc's mission is centered around providing the community and students of all ages with top-notch music education and instruction programs. The school aims to cultivate a lifelong appreciation for music. They offer music instruction programs throughout the year, with approximately 900 students receiving instruction annually. During summer, they also conduct three day programs. The school is committed to fostering a love and understanding of music in its students.


Official website here: www.powersmusic.org

Who is the CEO of Powers Music School Inc?

Ernest Sabine is the Secretary of Powers Music School Inc.


Official website here: www.powersmusic.org

What is the revenue of Powers Music School Inc?

Powers Music School Inc's revenue in 2022 was $1,839,349.


Official website here: www.powersmusic.org

Who are the executives of Powers Music School Inc and what are their salaries?

The average compensation at Powers Music School Inc during 2022 was $12,206. There are 91 employees at Powers Music School Inc.

Here are 12 key members and their salaries:

    Gavin Farrell (Executive Director)
  • Compensation: $122,522
  • Related: $0
  • Other: $4,273

    • Sarah Freiberg Ellison (Director/Teacher)
  • Compensation: $14,415
  • Related: $0
  • Other: $0

    • Karen Gut (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Steve Cohen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Christopher Wright (Director/Vice-President)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Shannah Hall Frankam (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Wenjie Hu (Treasurer And Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Shan-Lee Liu (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Anjali Kumar (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Julie Holland Mortimer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ernest Sabine (President/Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Evan Louden (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.powersmusic.org

    Where can I find the form 990 for Powers Music School Inc?

    The Powers Music School Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.powersmusic.org

    Learn more at the official website: www.powersmusic.org

    Mission Statement of Powers Music School Inc

    Powers Music School Inc, a community-focused organization, is dedicated to providing individuals of all ages with access to high-quality music education and instruction programs. Their mission is to foster a lifelong appreciation of music in their students. By offering a wide range of instruction programs, the school aims to cater to the diverse interests and abilities of its community members. During the year, approximately 900 students benefit from these programs, which are designed to inspire a deep-rooted love for music. The school's mission is a testament to its commitment to enriching lives through the transformative power of music.

    Impact

    This information is meant to be a general summary of Powers Music School Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Saturday, July 20, 2024

    Powers Music School Inc's impact lies in providing members of the community and students of all ages with access to the highest caliber of music education and instruction programs that foster a lifelong appreciation of music. Through their music instruction for all ages, including three summer day programs, Powers Music School Inc has positively influenced around 900 students each year. Their dedication to offering quality music education is evident in their mission to enrich the community through the transformative power of music.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

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

  • Investment Income: $89,680
  • Program Service Revenue: $1,408,718
  • Gross Receipts: $1,860,356

    • Assets and Liabilities:
  • Total Assets: $1,962,924
  • Total Liabilities: $403,322
  • Net Assets: $1,559,602
  • Programs

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

    TUITION AND FEES

    Revenue

    $1,403,493

    COMMUNITY OUTREACH

    Revenue

    $4,050

    OTHER INCOME

    Revenue

    $1,175

    Organization Details

    Founding Year

    1975

    Principal Officer

    Ernest Sabine

    Main Address

    PO BOX 398 160 LEXINGTON STREET, BELMONT, MA, 02478

    NTEE Category

    Code: A6E0 - Arts

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