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Education : Youth Education Programs and Services (Grantmaking/Grants Payable)

The Mr. Holland's Opus Foundation

Keeping Music Alive in our Schools

four stars

93.91

4370 Tujunga Avenue Suite 330
Studio City, CA 91604
tel: (818) 762-4328   Web Site
EIN: 95-4604927

Board Leadership
Scott Holtzman
Chair

CEO
Felice Mancini
President, CEO

 
 
  Score
(out of 100) 		Rating
Overall Score & Rating 93.91 four stars
  Financial 91.39 four stars
  Accountability & Transparency 100.00 four stars
This rating was published 09/01/2020 and includes data from FY2019, the most recent 990 received at that time.
Why isn't this based on more recent data?

The Mr. Holland's Opus Foundation keeps music alive in our schools by donating musical instruments to under-funded music programs, and vital support services to school districts nationwide, giving economically-disadvantaged youth access to the many benefits of music education, leading them to success in school, and inspiring creativity and expression through playing music.

The Mr. Holland's Opus Foundation keeps music alive in our schools by donating musical instruments to under-funded music programs, and vital support services to school districts nationwide, giving economically-disadvantaged youth access to the many benefits of music education, leading them to success in school, and inspiring creativity and expression through playing music.

Impact Information

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GlobalGiving Status
Partner Status
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This impact information is current as of August 2020, when it was provided to us by GlobalGiving. At this time, Impact information published on this organization's page has no effect on its rating per our methodology. Further, the availability of GG Rewards information for charities on our site has no effect on Charity Navigator's evaluation of GlobalGiving.

Learn more about how we calculate the overall score and rating.

Financial

four stars

91.39

Accountability & Transparency

four stars

100.00

This rating was published 09/01/2020 and includes data from FY2019, the most recent 990 received at that time.
Why isn't this based on more recent data?
Overall Rating Chart
  Program Expenses
(Percent of the charity's total expenses spent on the programs
and services it delivers)		 83.0%
  Administrative Expenses 9.8%
  Fundraising Expenses 7.1%
  Fundraising Efficiency $0.06
  Working Capital Ratio (years) 1.51
  Program Expenses Growth 3.5%
  Liabilities to Assets 5.1%
All data for Financial Performance Metrics calculations was provided by The Mr. Holland's Opus Foundation on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by The Mr. Holland's Opus Foundation on recent 990s filed with the IRS.
Information Provided on the Form 990  
  Independent Voting Board Members
  No Material diversion of assets
  Audited financials prepared by independent accountant
  Does Not Provide Loan(s) to or Receive Loan(s) From related parties
  Documents Board Meeting Minutes
  Provided copy of Form 990 to organization's governing body in advance of filing
  Conflict of Interest Policy
  Whistleblower Policy
  Records Retention and Destruction Policy
  CEO listed with salary
  Process for determining CEO compensation
  Board Listed / Board Members Not Compensated
Is the following information easily accessible on the charity's website?  
  Donor Privacy Policy
  Board Members Listed
  Audited Financials
  Form 990
  Key staff listed

Highly Rated

Charity Name & State Overall Score Overall Rating
The Mr. Holland's Opus Foundation (CA) 93.91 four stars
Settlement Music School (PA) 89.56 three stars
Center for Creative Education (FL) 100.00 four stars
Brooklyn Youth Chorus Academy (NY) 85.96 three stars
Free Spirit Media (IL) 92.42 four stars

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REVENUE  
Contributions  
   Contributions, Gifts & Grants $1,956,933
   Federated Campaigns $0
   Membership Dues $0
   Fundraising Events $0
   Related Organizations $0
   Government Grants $0
Total Contributions $1,956,933
   Program Service Revenue $0
Total Primary Revenue $1,956,933
   Other Revenue $8,625
TOTAL REVENUE $1,965,558
   
EXPENSES  
   Program Expenses $1,360,977
   Administrative Expenses $173,632
   Fundraising Expenses $114,977
TOTAL FUNCTIONAL EXPENSES $1,649,586
   
Payments to Affiliates $0
Excess (or Deficit) for the year $315,972
   
Net Assets $2,508,184

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.

Program Name Amount Spent % of Program Expenses
Donation of Musical Instruments $1,262,067 92.7%
Music Rising Program $98,910 7.3%

Ratings History
The Mr. Holland's Opus Foundation has received 5 consecutive 4-star ratings from Charity Navigator.

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2019-06 09/01/2020 93.91 four stars
2018-06 08/01/2019 90.77 four stars
2017-06 12/01/2018 95.80 four stars
2016-06 08/01/2017 97.15 four stars
2015-06 07/01/2016 97.10 four stars
2014-06 06/01/2016 89.34 three stars
 
CN 2.0
2014-06 08/01/2015 86.11 three stars
2013-06 10/01/2014 76.14 two stars
2012-06 08/01/2013 79.14 two stars
2011-06 07/01/2012 90.78 four stars
2010-06 11/01/2011 92.39 four stars
2010-06 09/20/2011 90.31 four stars
 
CN 1.0
2010-06 07/01/2011 91.83 four stars
2009-06 04/01/2010 84.03 three stars
2007-06 10/01/2008 92.04 four stars
2006-06 05/01/2007 91.92 four stars
2005-06 10/01/2006 91.72 four stars
2004-06 05/01/2005 73.34 two stars
2003-06 12/01/2004 75.94 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 95-4604927
Name in IRS Master File MR HOLLANDS OPUS FOUNDATION INC
NTEE Code B80
NTEE Classification Student Services, Organizations of Students
NTEE Type Educational Institutions and Related Activities
Classification Charitable Organization
Subsection 501(c)(3)  (View the list of codes)
Activities (994) Described in section 170(b)1)(a)(vi) of the Code
(59) Other school related activities
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 March, 1997
Filing Requirement 990 (all other) or 990EZ return
Fiscal Year End June
IRS Forms 990
(provided courtesy of Foundation Center)		 (Log In or Register Now to View Forms 990!)
  • June, 2018
  • June, 2017
  • June, 2016
  • June, 2015
  • June, 2014
Compensation % of Expenses Paid to Title
$120,000 7.27% Felice Mancini President, CEO

Highly Rated

Charity Name & State Overall Score Overall Rating
The Mr. Holland's Opus Foundation (CA) 93.91 four stars
DreamYard Project (NY) 94.74 four stars
Midori & Friends (NY) 91.65 four stars
Arts for Learning (FL) 89.95 three stars
Center for Arts-Inspired Learning (OH) 85.40 three stars

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This charity has an official representative registered with Charity Navigator.

Charity Contact Info

The Mr. Holland's Opus Foundation
4370 Tujunga Avenue
Suite 330
Studio City, CA 91604
tel: (818) 762-4328
EIN: 95-4604927

Visit Web Site

Board Leadership

Scott Holtzman
Chair

CEO

Felice Mancini
President, CEO

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