Overview

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Est.

1975

Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

POWERS MUSIC SCHOOL INC is dedicated to providing community members and students of all ages with access to high-quality music education and instruction, fostering a lifelong appreciation of music. With an operating budget of $2.2 million and total revenue of $2.4 million for the 2024 filing year, the organization is supported by notable funders including FIDELITY INVESTMENTS CHARITABLE GIFT FUND, VANGUARD CHARITABLE ENDOWMENT PROGRAM, and GE AEROSPACE FOUNDATION. The organization does not rely on any single funder for 50% or more of its revenue. For more information, visit www.powersmusic.org.

Mission Statement

TO PROVIDE MEMBERS OF THE COMMUNITY AND STUDENTS OF ALL AGES WITH ACCESS TO THE HIGHEST CALIBER OF MUSIC EDUCATION AND INSTRUCTION PROGRAM THAT FOSTER A LIFELONG APPRECIATION OF MUSIC.
Revenues
$2.4M
Expenses
$2.2M
Net Income:
+$228K
Assets
$4.2M
Liabilities
$2.2M
Net Assets:
+$2M
Operating Budget
$2.2M
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
4
Median grant size
$10.5K
Largest grant received
$100.9K
T
Thomas G Farrell
Board Member
S
Sarah Freiberg
Board Member
A
Amy Crafts
Board Member

Frequently Asked Questions

What is POWERS MUSIC SCHOOL INC’s budget?
In 2024, POWERS MUSIC SCHOOL INC reported an annual operating budget of around $2.2 million. More detailed financial information is available to registered users.
What causes does POWERS MUSIC SCHOOL INC support?
POWERS MUSIC SCHOOL INC supports work in Arts education, Music, and Performing arts education.
Where does POWERS MUSIC SCHOOL INC operate?
POWERS MUSIC SCHOOL INC is headquartered in BELMONT, MA.
Who funded POWERS MUSIC SCHOOL INC recently?
In 2024, POWERS MUSIC SCHOOL INC received grants from FIDELITY INVESTMENTS CHARITABLE GIFT FUND, HPH Family Foundation, and HERBERT O WOLFE FOUNDATION. More information on this organization’s funders is available to registered users.
What is the largest grant POWERS MUSIC SCHOOL INC received in 2024?
The largest grant to POWERS MUSIC SCHOOL INC in 2024 exceeds $101 thousand.