New England Suzuki Institute
Nonprofit profile at a glance
- EIN
- 208206381
- IRS 990-EZ coverage
- 2020–2024
- Forms available
- Form 990-EZ 2024
- Location
- Portland, ME, USA
- Phone
- 2077564767
- Rating
- 95
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Music
Reported finances
- Revenue
- $184,031
- Expenses
- $173,804
- Assets
- $89,736
- Liabilities
- $1,748
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
12 people listed
Executive titles in this filing
- Daniel Strange (President & board member)
- Ben Russell (Vide President & board member)
- Gayatri Yadavalli (President & board member)
People named in this filing
- Daniel Strange (President & board member)
- Ben Russell (Vide President & board member)
- Elizabeth Sellers (Treasurer & board member)
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
NESI is dedicated to the philosophy of Dr. Shinichi Suzuki-to nurture each student's character through the beauty of music and the pursuit of excellence through character building and to further his vision for world peace.
What it reported doing in 2024
New England Suzuki Institute (NESI) offers an annual week long immersion camp for young musicians. In 2025 NESI hosted an in person camp. 135 students attended. States represented were AL, CA, CO, FL, IL, KS, MA, MD, ME, NH, NJ, NY, OH, PA, VA, VT as well as Guatemala City, Guatemala.
Operating model
- Revenue model
- Earned-program. 89% of the money available for current operations came from fees and other program revenue.
- 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
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 96
- Transparency & Controls: 100
- Sustainability: 41
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 94.5%; rating input score 94
- Program expense ratio: 100%; rating input score 100
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: 5.6%; rating input score 49; 49th percentile among comparable filings
- Total-asset coverage ratio: 0.52; rating input score 39; 39th percentile among comparable filings
- Liabilities to assets ratio: 0.02; rating input score 37; 37th percentile among comparable filings
- Officer compensation ratio: 18.9%; rating input score 17; 17th percentile among comparable filings
Growth
- Program expense growth: 26.9% per year; rating input score 100; 82nd percentile among comparable filings
- Revenue growth: 22.8% per year; rating input score 100; 86th percentile among comparable filings
- Asset growth: 23.2% per year; rating input score 100; 83rd percentile among comparable filings
Details
- Where the money goes: 94.5% of revenue deployed · 100% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $174K in reported program spending
- Leadership: top reported pay $0 · 12 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 3 filed schedules
- Filing history: 5 filing years from 2020 to 2024
- Contacts: How to reach this organization
- Money network: 5 filed money-flow records
- 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 — Sustainability: Operating margin scored 49/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 39/100.
- High — Sustainability: Officer compensation ratio scored 17/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 37/100.