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Education : Youth Education Programs and Services (Grantmaking)

The Mr. Holland's Opus Foundation

Giving youngsters the many benefits of music education

four stars

95.80

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 95.80 four stars
  Financial 94.07 four stars
  Accountability & Transparency 100.00 four stars

This rating was published 02/01/2018 and includes data from FY2017. Please note that this organization participated in a feasibility pilot to allow rated organizations to provide us with their most recently filed Form 990 after filing and before we have received the digitally processed file from the IRS ourselves.

Founded in 1996, The Mr. Holland's Opus Foundation (MHOF) donates musical instruments to underserved schools nationwide, in an effort to give youngsters the many benefits of music education, help them to be better students and inspire creativity and expression through playing music. MHOF was inspired by the acclaimed motion picture Mr. Holland's Opus, the story of the profound effect a dedicated music teacher had on generations of students. The film's composer, Michael Kamen, founded MHOF in 1996 as his commitment to the future of music education.

Founded in 1996, The Mr. Holland's Opus Foundation (MHOF) donates musical instruments to underserved schools nationwide, in an effort to give youngsters the many benefits of music education, help them to be better students and inspire creativity and expression through playing music. MHOF was inspired by the acclaimed motion picture Mr. Holland's Opus, the story of the profound effect a dedicated music teacher had on generations of students. The film's composer, Michael Kamen, founded MHOF in 1996 as his commitment to the future of music education.

Results Information

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This results data is current as of November 2017, when it was provided to us by GlobalGiving. Results information published on this organization’s rating page has no effect on its rating at this time. Further, the availability of GG Rewards information has no effect on Charity Navigator's evaluation of GlobalGiving. All CN ratings are calculated based solely on the methodology outlined here. data iconLearn More

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

Financial

four stars

94.07

Accountability & Transparency

four stars

100.00

This rating was published 02/01/2018 and includes data from FY2017, 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)		 83.7%
  Administrative Expenses 8.8%
  Fundraising Expenses 7.3%
  Fundraising Efficiency $0.09
  Working Capital Ratio (years) 0.60
  Program Expenses Growth 9.5%
  Liabilities to Assets 11.4%
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) 95.80 four stars
Third Street Music School Settlement (NY) 90.97 four stars
Chicago Arts Partnerships in Education (IL) 85.39 three stars
Music Academy of the West (CA) 92.44 four stars
Arts for Learning (FL) 87.76 three stars

Compare These Charities (Highly Rated)

REVENUE  
Contributions  
   Contributions, Gifts & Grants $1,314,180
   Federated Campaigns $0
   Membership Dues $0
   Fundraising Events $0
   Related Organizations $0
   Government Grants $0
Total Contributions $1,314,180
   Program Service Revenue $0
Total Primary Revenue $1,314,180
   Other Revenue $8,043
TOTAL REVENUE $1,322,223
   
EXPENSES  
   Program Expenses $1,579,292
   Administrative Expenses $194,811
   Fundraising Expenses $120,911
TOTAL FUNCTIONAL EXPENSES $1,895,014
   
Payments to Affiliates $0
Excess (or Deficit) for the year $-572,791
   
Net Assets $1,112,742

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 $1,343,989 85.1%
Music Rising Program $235,303 14.9%

Ratings History
The Mr. Holland's Opus Foundation has received 3 consecutive 4-star ratings from Charity Navigator.

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2017-06 02/01/2018 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!)

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
$120,000 6.33% Felice Mancini President, CEO

Highly Rated

Charity Name & State Overall Score Overall Rating
The Mr. Holland's Opus Foundation (CA) 95.80 four stars
Exploring the Arts (NY) 87.39 three stars
Brooklyn Youth Chorus Academy (NY) 86.30 three stars
Center for Creative Education (FL) 97.95 four stars
Center for Arts Education (NY) 89.34 three stars

Compare These Charities (Highly Rated)

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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