Music for Seniors
Nonprofit profile at a glance
- EIN
- 352438992
- IRS 990 coverage
- 2017–2024
- Forms available
- Form 990 2024, Form 990-N 2013
- Location
- Nashville, TN, USA
- Phone
- 6153301937
- Rating
- 72
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Human Service Organizations
Reported finances
- Revenue
- $616,312
- Expenses
- $690,548
- Assets
- $96,111
- Liabilities
- $47,710
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
10 people listed
Highest reported compensation
- LIZ KELLY (EXECUTIVE DI): $71,814 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
"sharing live music, lighting up lives" music for seniors connects area musicians with older adults through live and interactive music programs designed to engage, entertain and educate seniors - promoting health and wellbeing, reducing isolation and enriching the lives of all participants. We connect individuals: music is our vehicle. We achieve our mission via three distinct live music programs: 1)our interactive outreach is delivered to older adult groups in recreational and care settings and is designed to actively engage all participants. In addition to our regular outreach programs, we also offer specialized, proprietary music making outreach sessions (mmos) which are led by our trained musician facilitators. Mmos incorporate playing percussion instruments with singing for immersive in-the-moment improvised musicmaking experiences. 2)we produce free public concerts, with a monthly weekday event at a variety of accessible community locations: our free daytime concert series. 3)our
What it reported doing in 2024
Music for seniors programs consist of community outreach, public concerts, and education. Musician partners facilitate interactive programs with groups in recreational and care settings, monthly free daytime concerts, and live learning labs. Music for seniors provided 1,924 programs during the year with 53,283 participants.
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- 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.
- Includes noncash contributions: Reported contributions include donated property or goods.
The verdict
SUPPORTED - The filed numbers largely add up and a large share of available resources goes toward mission work. Some filing-based governance responses are negative or unanswered and fundraising costs are high for each dollar raised.
Rating breakdown
- Financial Efficiency: 64
- Transparency & Controls: 87
- Accountability: 74
- Sustainability: 15
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 74.2%; rating input score 74
- Program expense ratio: 66.2%; rating input score 66
- Fundraising efficiency: $2.29 raised per $1 spent on fundraising; rating input score 7; 7th percentile among comparable filings
Transparency & Controls
- Consistency checks: 94.4%; rating input score 94; 26th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 3 of 8 controls in place; rating input score 38
- Conflict-of-interest policy: Pass
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: NotApplicable
- Other executive compensation review process: Fail
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: -12%; rating input score 15; 15th percentile among comparable filings
- Total-asset coverage ratio: 0.14; rating input score 7; 7th percentile among comparable filings
- Liabilities to assets ratio: 0.5; rating input score 16; 16th percentile among comparable filings
- Officer compensation ratio: 10.4%; rating input score 35; 35th percentile among comparable filings
Growth
- Program expense growth: 18.9% per year; rating input score 100; 81st percentile among comparable filings
- Revenue growth: 15.4% per year; rating input score 100; 79th percentile among comparable filings
- Asset growth: 14.8% per year; rating input score 100; 72nd percentile among comparable filings
Details
- Where the money goes: 74.2% of revenue deployed · 66.2% of spending went to programs
- Governance: 10 of 10 board members independent · 3 of 8 filing controls reported
- Programs: 1 filed program accomplishment · $457K in reported program spending
- Leadership: top reported pay $72K · 10 people listed
- Consistency: 31 of 32 current checks pass · 1 finding to review
- Schedules: 6 filed schedules · includes major donors
- Filing history: 8 filing years from 2017 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.
- Moderate — Accountability: Governance controls: 4 of 7 not reported.
- High — Financial Efficiency: Fundraising efficiency scored 7/100.
- High — Sustainability: Operating margin scored 15/100.
- High — Sustainability: Total-asset coverage ratio scored 7/100.
- Review — Transparency & Controls: Schedule G fundraiser detail did not reconcile in the filed values.
- High — Sustainability: Liabilities to assets ratio scored 16/100.
- Moderate — Sustainability: Officer compensation ratio scored 35/100.