Virtual Inclusion Artists Academy Inc

Nonprofit profile at a glance

EIN
931745041
IRS 990-EZ coverage
2024–2024
Forms available
Form 990-EZ 2024, Form 990-N 2023
Location
Bay Harbor Islands, FL, USA
Rating
88
Verdict
STRONG
Rating confidence
Moderate
Sector
Arts Education

Reported finances

Revenue
$63,382
Expenses
$53,602
Assets
$1,462
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

5 people listed

People named in this filing

  • Cassidy Fitzpatrick Carlson (Director)
  • Lisa Husseini (Director)
  • Miles Devon Skeens (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-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

VIA Academy's primary exempt purpose is to provide cost-free educational and mentorship opportunities in classical music to high school musicians, particularly students from remote and underrepresented communities in classical music, through intensive instruction, performance training, mentorship, and career development.

What it reported doing in 2024

VIA Academy provides tuition-free classical music education, mentorship, and professional development to high school musicians, with a particular focus on students from underserved and underrepresented communities. During the 2024 tax year, VIA Academy served 10 high school musicians from Virginia, Texas, New York, Kentucky, and Illinois through a fully funded intensive educational program. Students received roundtrip airfare, ground transportation, housing, meals, educational activities, and tuition at no cost to participants. Each student received approximately 20 hours of one-on-one instruction and mentoring with a dedicated Teaching Artist; 12 hours of classes focused on college preparation, career pathways, entrepreneurship, financial support, and health and wellness; and 11 hours of chamber music coaching with professional Teaching Artists representing the Indianapolis Symphony, St. Louis Symphony, Louisville Orchestra, New World Symphony and Northern Arizona University. Students also participated in three masterclasses with Teaching Artists and artistic staff from the New World Symphony. Students performed in two community and educational events, including a community engagement event with younger students at the Museum of Contemporary Art in North Miami and an afternoon performance featuring music curated in connection with artwork exhibited at the museum. Each student also developed a community project based on their individual talents and the needs of their community, including a mission statement, measures of success, budget, and action plan. VIA Academy measured changes in student confidence and career awareness through pre- and post-program assessments. Students reported a 30% increase in confidence in their ability to play their instruments, a 40% increase in confidence in their ability to overcome challenges independently, and a 30% increase in understanding career paths in music, with 100% of participating students reporting an understanding of career paths in music following the program. New World Symphony also provided substantial support through a $43,000 discount on venue rental associated with VIA Academy's educational programming, reducing the cost of delivering these services to participating students.

Operating model

Revenue model
Donor-supported. 100% 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

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Total assets are small relative to annual expenses; liquid coverage is unknown and reported officer compensation is a large share of total spending, which may reflect staffing concentration.

Rating breakdown

  • Financial Efficiency: 91
  • Transparency & Controls: 100
  • Sustainability: 43
  • Growth: NotEnoughData

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 84.6%; rating input score 85
  • 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: 15.4%; rating input score 69; 69th percentile among comparable filings
  • Total-asset coverage ratio: 0.03; rating input score 7; 7th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 68; 68th percentile among comparable filings
  • Officer compensation ratio: 15.6%; rating input score 8; 8th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: Limited
  • Asset growth: Limited

Details

  • Where the money goes: 84.6% of revenue deployed · 100% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $54K in reported program spending
  • Leadership: top reported pay $0 · 5 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 3 filed schedules
  • Contacts: How to reach this organization
  • Money network: 2 filed money-flow records
  • Related organizations: Filed and resolved organization relationships.
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Sustainability: Total-asset coverage ratio scored 7/100.
  • High — Sustainability: Officer compensation ratio scored 8/100.