Making Music Matters Inc
Nonprofit profile at a glance
- EIN
- 991116938
- IRS 990 coverage
- 2024–2024
- Forms available
- Form 990 2024, Form 990-EZ 2023
- Location
- Boston, MA, USA
- Phone
- 7575767227
- Rating
- 60
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Arts Education
Reported finances
- Revenue
- $401,162
- Expenses
- $297,345
- Assets
- $296,980
- Liabilities
- $0
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
5 people listed
Executive titles in this filing
- Patricia Fanara (President)
People named in this filing
- Patricia Fanara (President)
- Mary Gately (Treasurer)
- Tanya Maggi (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. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The corporations primary purpose is to provide for equity of access to qualityarts education, specifically on instrumental music, by students in the boston andother public schools through inclusive enrollment which reflects the diversestudent populations and various educational settings in each school in order toenhance each students school experience and to encourage a life-long love ofmusic in all of such students.
What it reported doing in 2024
To provide for equity of access to quality arts education, specifically on instrumental music, by students in the boston and other public schools through inclusive enrollment which reflects the diverse student populations and various educational settings in each school in order to enhance each student's school experience and to encourage a life-long love of music in all of such students.
Operating model
- Revenue model
- Grant-funded. 92% of the money available for current operations came from government grants.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
SUPPORTED - The filed numbers largely add up and a large share of available resources goes toward mission work. A relatively small share of voting board members are independent and some filing-based governance responses are negative or unanswered.
Rating breakdown
- Financial Efficiency: 67
- Transparency & Controls: 90
- Accountability: 0
- Sustainability: 66
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 66.6%; rating input score 67
- Program expense ratio: 89.9%; rating input score 90
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 0%; rating input score 0; 7th percentile among comparable filings
- Governance controls: 0 of 7 controls in place; rating input score 0
- Conflict-of-interest policy: Fail
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: NotApplicable
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Fail
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 25.9%; rating input score 79; 79th percentile among comparable filings
- Total-asset coverage ratio: 1; rating input score 40; 40th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 80; 80th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 69; 69th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: 177.2% per year; rating input score 100; 100th percentile among comparable filings
- Asset growth: 86.8% per year; rating input score 100; 99th percentile among comparable filings
Details
- Where the money goes: 66.6% of revenue deployed · 89.9% of spending went to programs
- Governance: 0 of 5 board members independent · 0 of 7 filing controls reported
- Programs: 1 filed program accomplishment · $267K in reported program spending
- Leadership: top reported pay $0 · 5 people listed
- Consistency: 18 of 18 current checks pass
- Schedules: 3 filed schedules
- Contacts: How to reach this organization
- Money network: Resolved incoming and outgoing counterparties from filed money flows.
- 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.
- Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Accountability: Independent voting board scored 0/100.
- High — Accountability: Governance controls: 6 of 6 not reported.
- Moderate — Sustainability: Total-asset coverage ratio scored 40/100.