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Education : Youth Education Programs and Services

Music Academy of the West

Santa Barbara's renowned classical music school & festival

four stars

92.44

1070 Fairway Road Santa Barbara, CA 93108
tel: (805) 969-4726   Web Site
EIN: 95-1525814

Board Leadership
Warren Staley
Chair

CEO
Scott Reed
President

 
 
  Score
(out of 100)
Rating
Overall Score & Rating 92.44 four stars
  Financial 90.09 four stars
  Accountability & Transparency 96.00 four stars
This rating was published 06/01/2018 and includes data from FY2016, the most recent 990 received at that time.

Founded in 1947, the Music Academy of the West is among the nation's preeminent summer schools and festivals for gifted young classical musicians. The Academy provides these promising musicians with the opportunity for advanced study and frequent performance under the guidance of internationally renowned faculty artists, guest conductors, and soloists. Academy alumni are members of major symphony orchestras, chamber orchestras, ensembles, opera companies, and university and conservatory faculties throughout the world. Based in Santa Barbara, the Music Academy of the West presents more than 200 public events annually.

Founded in 1947, the Music Academy of the West is among the nation's preeminent summer schools and festivals for gifted young classical musicians. The Academy provides these promising musicians with the opportunity for advanced study and frequent performance under the guidance of internationally renowned faculty artists, guest conductors, and soloists. Academy alumni are members of major symphony orchestras, chamber orchestras, ensembles, opera companies, and university and conservatory faculties throughout the world. Based in Santa Barbara, the Music Academy of the West presents more than 200 public events annually.

Results Information

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Financial

four stars

90.09

Accountability & Transparency

four stars

96.00

This rating was published 06/01/2018 and includes data from FY2016, the most recent 990 received at that time.
Overall Rating Chart
  Program Expenses
(Percent of the charity's total expenses spent on the programs
and services it delivers)
81.0%
  Administrative Expenses 7.8%
  Fundraising Expenses 11.0%
  Fundraising Efficiency $0.09
  Working Capital Ratio (years) 9.04
  Program Expenses Growth 6.2%
  Liabilities to Assets 14.6%
All data for Financial Performance Metrics calculations was provided by Music Academy of the West on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by Music Academy of the West on recent 990s filed with the IRS.

Highly Rated

Charity Name & State Overall Score Overall Rating
Music Academy of the West (CA) 92.44 four stars
Oklahoma Arts Institute (OK) 86.44 three stars
The Mr. Holland's Opus Foundation (CA) 95.80 four stars
MacPhail Center for Music (MN) 90.56 four stars
Merit School of Music (IL) 91.86 four stars

Compare These Charities (Highly Rated)

REVENUE  
Contributions  
   Contributions, Gifts & Grants $9,607,588
   Federated Campaigns $0
   Membership Dues $0
   Fundraising Events $0
   Related Organizations $0
   Government Grants $0
Total Contributions $9,607,588
   Program Service Revenue $1,127,522
Total Primary Revenue $10,735,110
   Other Revenue $1,659,785
TOTAL REVENUE $12,394,895
   
EXPENSES  
   Program Expenses $7,266,171
   Administrative Expenses $695,738
   Fundraising Expenses $996,956
TOTAL FUNCTIONAL EXPENSES $8,958,865
   
Payments to Affiliates $0
Excess (or Deficit) for the year $3,436,030
   
Net Assets $80,184,385

Program names and associated costs are listed for the top programs as reported on the charity's most recently filed Form 990. The top programs displayed will include the largest three programs, or those programs covering at least 60% of the charity's total expenses, whichever comes first.

Due to an error on this organization's Form 990, we are unable to display program information.

Ratings History
Music Academy of the West has received 3 consecutive 4-star ratings from Charity Navigator.

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2016-12 06/01/2018 92.44 four stars
2015-12 06/01/2017 92.02 four stars
2014-12 06/01/2016 91.34 four stars
 
CN 2.0
2013-12 07/01/2015 83.95 three stars
2012-12 06/01/2014 94.29 four stars
2011-12 06/01/2013 86.75 three stars
2010-12 04/01/2012 88.09 three stars
2009-12 09/20/2011 87.45 three stars
 
CN 1.0
2009-12 05/01/2011 80.44 three stars
2008-12 06/01/2010 92.73 four stars
2007-12 03/01/2009 89.88 three stars
2006-12 04/01/2008 69.39 one star
2005-12 03/01/2007 79.73 two stars
2004-12 04/01/2006 76.08 two stars
2003-12 09/01/2004 92.08 four stars
2002-12 10/01/2003 72.08 two stars
2001-12 06/09/2003 77.41 two stars

The data displayed on this tab is provided by the IRS in the form of Publication 78 and the Business Master File (BMF).

EIN 95-1525814
Name in IRS Master File MUSIC ACADEMY OF THE WEST
NTEE Code A6E
NTEE Classification Performing Arts Schools
NTEE Type Arts, Culture and Humanities
Classification Educational Organization
Subsection 501(c)(3)  (View the list of codes)
Activities (46) Private school
(30) School, college, trade school, etc.
Foundation Status Organization which receives a substantial part of its support from a governmental unit or the general public   170(b)(1)(A)(vi)
Deductibility Contributions are deductible
Affiliation Independent - the organization is an independent organization or an independent auxiliary (i.e., not affiliated with a National, Regional, or Geographic grouping of organizations).
Group Name [Not Applicable]
Ruling Date September, 1948
Filing Requirement 990 (all other) or 990EZ return
Fiscal Year End December
IRS Forms 990
(provided courtesy of Foundation Center)
(Log In or Register Now to View Forms 990!)
  • December, 2016
  • December, 2015
  • December, 2014
  • December, 2013
  • December, 2012

The data displayed in this profile is provided by the IRS for free in the form of Publication 78 and the Business Master File (BMF).

Compensation % of Expenses Paid to Title
$335,011 3.73% Scott Reed President, CEO

Highly Rated

Charity Name & State Overall Score Overall Rating
Music Academy of the West (CA) 92.44 four stars
Midori & Friends (NY) 92.43 four stars
Exploring the Arts (NY) 85.17 three stars
The Art Institute of Chicago (IL) 88.38 three stars
Kaufman Music Center (NY) 87.12 three stars

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Charity Contact Info

Music Academy of the West
1070 Fairway Road
Santa Barbara, CA 93108
tel: (805) 969-4726
EIN: 95-1525814

Visit Web Site

Board Leadership

Warren Staley
Chair

CEO

Scott Reed
President

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