Instruments of Change Inc

Nonprofit profile at a glance

EIN
943467612
IRS 990-EZ coverage
2015–2024
Forms available
Form 990-EZ 2024, Form 990-N 2011
Location
Brandon, FL, USA
Phone
8133159762
Rating
46
Verdict
MIXED
Rating confidence
Moderate
Sector
Arts Education

Official website

Reported finances

Revenue
$191,864
Expenses
$137,814
Assets
$129,044
Liabilities
$300

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

9 people listed

Executive titles in this filing

  • GLEN SCHUBERT (EXECUTIVE DIRECTOR)
  • DR DAKEYAN DRE GRAHAM (PRESIDENT)
  • KRIS AEBISCHER (VICE PRESIDENT)

People named in this filing

  • GLEN SCHUBERT (EXECUTIVE DIRECTOR)
  • GAYLE MILLER (DIRECTOR)
  • LYNN HAWKINS (DIRECTOR)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Music education

What it reported doing in 2024

To profoundly impact the lives of disadvantaged children through the gifts of musical instrument donation, instruction and performance.our primary outreach is a 5th grade band program in title 1 schools. The aspect that makes us different is that, while learning to play, we provide an opportunity for each student to earn an instrument for middle school band. We have developed an efficient operational model to bring instruments and instruction to their school. We have also developed the instruments of change curriculum to allow for greater long-term success for the students. Through our programs we have seen students from title 1 schools go on to academic success in middle and high school and now into college on full ride scholarships because of their music.our 2024 ioc band programs were held at the student's school eliminating the need to travel to the program. The required classes meet after school twice each week, for one hour each day, from september to may in conjunction with the school year.in 2024, we were able to purchase instruments and to launch programs at two new schools because of substantial grants received, one unsolicited and one project specific .

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
Distribution model
No current program activity. The filing reports no program spending for the current year.

The verdict

MIXED - The filed numbers largely add up and revenue comfortably covers expenses. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.

Rating breakdown

  • Financial Efficiency: 0
  • Transparency & Controls: 100
  • Sustainability: 62
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 0%; rating input score 0
  • Program expense ratio: 0%; rating input score 0

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: 28.2%; rating input score 82; 82nd percentile among comparable filings
  • Total-asset coverage ratio: 0.94; rating input score 57; 57th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 49; 49th percentile among comparable filings
  • Officer compensation ratio: 34.7%; rating input score 9; 9th percentile among comparable filings

Growth

  • Program expense growth: -8% per year; rating input score 0; 16th percentile among comparable filings
  • Revenue growth: 6.7% per year; rating input score 100; 55th percentile among comparable filings
  • Asset growth: 0.2% per year; rating input score 100; 28th percentile among comparable filings

Details

  • Where the money goes: 0% of revenue deployed · 0% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment
  • Leadership: top reported pay $0 · 9 people listed
  • Consistency: 8 of 8 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 10 filing years from 2015 to 2024
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • 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.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Financial Efficiency: Mission deployment rate scored 0/100.
  • High — Financial Efficiency: Program expense ratio scored 0/100.
  • High — Growth: Program expense growth scored 0/100.
  • Review — Sustainability: Total-asset coverage ratio scored 57/100.
  • High — Sustainability: Officer compensation ratio scored 9/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 49/100.