Renovation in Music Education
Nonprofit profile at a glance
- EIN
- 134185513
- IRS 990 coverage
- 2014–2024
- Forms available
- Form 990 2024
- Location
- Washington, DC, USA
- Phone
- 2026676111
- Rating
- 79
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Arts, Culture, and Humanities
Reported finances
- Revenue
- $320,529
- Expenses
- $280,946
- Assets
- $641,404
- Liabilities
- $18,475
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
5 people listed
Executive titles in this filing
- Arthur Bloom (President)
- Hirokazu Yoshikawa (Vice President)
Highest reported compensation
- Arthur Bloom (President): $120,542 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Renovation in Music Education, Doing Business As (DBA) MusiCorps, helps injured service members play music and recover their lives.
What it reported doing in 2024
Formed in response to the crisis of returning service members injured in Iraq and Afghanistan, MusiCorps is a conservatory-level, music rehabilitation program that helps wounded warriors play music and recover their lives. It has been praised by the Wall Street Journal as "revolutionary," is pioneering in the field of adaptive music, and has helped countless wounded warriors learn or relearn how to play an instrument as a core part of their rehabilitation. Among other services, MusiCorps provides regular one-on-one sessions that pair injured service members with professional teaching artists. MusiCorps has provided thousands of sessions working with hundreds of service members. In the words of SGT Levi Crawford, injured by a roadside bomb in Afghanistan, MusiCorps "doesn't just help a soldier learn to play music, it helps him get back to normal life." The MusiCorps Wounded Warrior Band, the performance component of MusiCorps, is made up of injured service members who became musicians through MusiCorps. The band has inspired millions of people with powerful performances that speak to the talent and resilience of its members, and has performed with Roger Waters, Yo-Yo Ma, and Sheryl Crow, at the Kennedy Center, Grand Ole Opry, and Madison Square Garden, and on PBS, The Colbert Report, and NCIS.
Operating model
- Revenue model
- Donor-supported. 95% of the money available for current operations came from contributions and gifts.
- 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 - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and revenue has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 79
- Transparency & Controls: 92
- Accountability: 74
- Sustainability: 53
- Growth: 40
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 78.3%; rating input score 78
- Program expense ratio: 88%; rating input score 88
- Fundraising efficiency: $21.54 raised per $1 spent on fundraising; rating input score 59; 59th percentile among comparable filings
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: 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: Fail
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: Pass
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 12.3%; rating input score 64; 64th percentile among comparable filings
- Total-asset coverage ratio: 2.28; rating input score 62; 62nd percentile among comparable filings
- Liabilities to assets ratio: 0.03; rating input score 37; 37th percentile among comparable filings
- Officer compensation ratio: 42.9%; rating input score 5; 5th percentile among comparable filings
Growth
- Program expense growth: 0.1% per year; rating input score 100; 31st percentile among comparable filings
- Revenue growth: -6.8% per year; rating input score 0; 8th percentile among comparable filings
- Asset growth: -4.4% per year; rating input score 0; 11th percentile among comparable filings
Details
- Where the money goes: 78.3% of revenue deployed · 88% of spending went to programs
- Governance: 4 of 4 board members independent · 3 of 8 filing controls reported
- Programs: 1 filed program accomplishment · $247K in reported program spending
- Leadership: top reported pay $121K · 5 people listed
- Consistency: 42 of 42 current checks pass
- Schedules: 4 filed schedules · includes major donors
- Filing history: 10 filing years from 2014 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 — Growth: Revenue growth scored 0/100.
- Review — Financial Efficiency: Fundraising efficiency scored 59/100.
- High — Growth: Asset growth scored 0/100.
- High — Sustainability: Officer compensation ratio scored 5/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 37/100.