Institute for Music and Neurological Function

Overview

Mission

In 1995, the institute for music and neurological function (imnf) was created with dr. Oliver sack's help to spark greater collaborations among music therapists and neuroscientists around the world. The imnf is the only one of its kind in the united states. It is expanding therapeutic modalities for treating patients with strokes and other neurological conditions. Imnf uses music therapy to assist those with memory deficits, motor rehabilitation needs, and speech therapy. It is also a major training center for music therapists and a resource for new collaborations in music-brain research.

What it reported doing in 2024

Music therapy to assist those with memory deficits, motor rehabilitation needs, and speech therapy, as well as a major training center for music therapists and a resource for new collaborations in music-brain research.

Operating model

Revenue model
Donor-supported. 72% of the money available for current operations came from contributions and gifts.
Distribution model
Direct operator. The nonprofit carried out 86% of its reported program work directly.

Nonprofit profile at a glance

EIN
133874103
IRS 990 coverage
2010–2024
Forms available
Form 990 2024
Headquarters
Mount Vernon, NY, USA
Rating
74
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Educational Services and Schools - Other

Official website

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. The filing does not identify recipients for some grant dollars and the filing reports that some governance safeguards are missing.

Rating breakdown

  • Financial Efficiency: 91
  • Transparency & Controls: 64
  • Accountability: 82
  • Sustainability: 16
  • Growth: 20

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 74.8%; rating input score 75
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 93.3%; rating input score 93; 26th percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 0%; rating input score 0; 21st percentile among comparable filings
  • Major donor itemization: Limited
  • Related-party transparency: Limited
  • Public monitoring controls: Limited
  • Public policy transparency: Limited
  • Public financial transparency: Limited
  • Impact reporting controls: Limited
  • Public relationship transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
  • Governance controls: 4 of 7 controls in place; rating input score 57
  • Public governance controls: Limited
  • Zakat policy transparency: Limited

Sustainability

  • Operating margin: -391.2%; rating input score 9; 9th percentile among comparable filings
  • Operating reserve ratio: 0.53; rating input score 17; 17th percentile among comparable filings
  • Liabilities to assets ratio: 6.49; rating input score 1; 1st percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 60; 60th percentile among comparable filings

Growth

  • Program expense growth: -11% per year; rating input score 0; 27th percentile among comparable filings
  • Revenue growth: -15.6% per year; rating input score 0; 24th percentile among comparable filings
  • Asset growth: 7.4% per year; rating input score 100; 74th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 74.8% of spending went to programs
  • Governance: 25 of 25 board members independent · 4 of 7 filing controls reported
  • Programs: 1 filed program accomplishment · $326K in reported program spending
  • Leadership: top reported pay $0 · 25 people listed
  • Consistency: 21 of 22 current checks pass · 1 finding to review
  • Schedules: 5 filed schedules · includes grants
  • Filing history: 14 annual filings from 2010 to 2024
  • Contacts: How to reach this organization
  • Related organizations: 3 filed related-organization links
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.