Palm Beach Suzuki School Of Music
Nonprofit profile at a glance
- EIN
- 300574057
- IRS 990-EZ coverage
- 2023–2025
- Forms available
- Form 990 2017, Form 990-EZ 2025
- Location
- Boynton Beach, FL, USA
- Phone
- 5617061576
- Rating
- 84
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Arts, Culture, and Humanities
Reported finances
- Revenue
- $78,465
- Expenses
- $81,486
- Assets
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
3 people listed
Executive titles in this filing
- Ida Ivanovic (President)
- Rita Hough (CEO)
People named in this filing
- Ida Ivanovic (President)
- Rita Hough (CEO)
- Karen Anthony (Secretary)
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 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Instructional palm beach suzuki school of music inc provides parent education to each parent prior to their child starting private lessons. Children attend private lessons on a weekly basis along with their parent home teacher. We offer private lessons in piano, violin
What it reported doing in 2025
Instructional palm beach suzuki school of music inc provides parent education to each parent prior to their child starting private lessons. Children attend private lessons on a weekly basis along with their parent home teacher. We offer private lessons in piano, violin viola, cello and bass. As part of the suzuki approach, students are required to attend their weekly group class. We also offer weekly supplemental classes, such as music mind games, choir and orchestra. We offer weekend workshops with suzuki trained teachers to bring the summer suzuki institute experience to our recitals.
Operating model
- Revenue model
- Earned-program. 88% 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. Program spending has declined or grown slowly and revenue has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 100
- Transparency & Controls: 82
- Sustainability: 24
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 100%; rating input score 100
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: -3.9%; rating input score 36; 36th percentile among comparable filings
- Total-asset coverage ratio: 0; rating input score 3; 3rd percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: -1.5% per year; rating input score 0; 43rd percentile among comparable filings
- Revenue growth: -6.1% per year; rating input score 0; 31st percentile among comparable filings
- Asset growth: -31% per year; rating input score 0; 7th percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 100% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $81K in reported program spending
- Leadership: top reported pay $0 · 3 people listed
- Consistency: 6 of 6 current checks pass
- Schedules: 2 filed schedules
- Filing history: 3 filing years from 2023 to 2025
- 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.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- Moderate — Sustainability: Operating margin scored 36/100.
- High — Sustainability: Total-asset coverage ratio scored 3/100.
- High — Growth: Asset growth scored 0/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.