Skip to the page content
Your donations
Passes our checks

Concord Conservatory of Music

EIN 20-2724666 · Concord, MA

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthFair61 out of 100GovernanceFair60 out of 100Impact evidenceDescribes programsHow well its results are evidenced

What it says it does

TO CULTIVATE THE LOVE AND LIFELONG BENEFITS OF MUSIC THROUGH HIGH-QUALITY, ACCESSIBLE INSTRUCTION, PERFORMANCE AND COMMUNITY ENGAGEMENT.

Income
$2.4 million
Spending
$1.4 million
Spent on programs
69%
Reserves
-6.6 months of spending
Largest source of income
fees for its services, 43%
Employees
48
Volunteers
64
Highest pay
$105,290, executive director

Source: Form 990 for the year ending August 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Fair: 61 out of 100. Higher than 34% of charities in its peer group (arts and culture, $1m to $10m).

  • Reserves

    0 of 35

    Spendable reserves are negative: it owes or has committed more than it holds.

  • Debt

    16 of 20

    It owes 26% of what it owns.

  • Living within its means

    15 of 15

    Income exceeded spending by 39% of income.

  • Income trend

    15 of 15

    Income rose 104% on the year before.

  • Spending floor

    15 of 15

    69% of spending went to programs and raising each dollar of donations cost 20 cents.

Source: Form 990 for the year ending August 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Fair: 60 out of 100. Higher than 12% of charities in its peer group (arts and culture, $1m to $10m).

  • Independent board

    25 of 25

    9 of 10 voting board members are independent.

  • Conflict of interest policy

    0 of 15

    Reports no written conflict of interest policy.

  • Whistleblower policy

    0 of 8

    Reports no written whistleblower policy.

  • Record keeping policy

    0 of 7

    Reports no written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    0 of 10

    Did not give the board a copy of this return before filing it.

  • Pay set independently

    5 of 5

    Sets its chief executive's pay through independent review and comparison.

  • Independent check of accounts

    15 of 15

    Its accounts were audited by an independent accountant.

  • No reported misuse

    10 of 10

    Reports no diversion of assets, excess benefits or loans to insiders.

Source: Form 990 for the year ending August 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Impact evidence

Describes programs. Its tax return describes what it does but we have found no measurable results in it.

Programs described in its return (3)
  1. $1.0 million spent. PROVIDED PRIVATE LESSONS AND GROUP LESSONS TO OVER 670 STUDENTS. THE NEEDS OF UNDERSEVERED COMMUNITIES WERE MET THROUGH FREE OR LOW COST GROUP CLASSES DESIGNED FOR ADULTS WITH PARKINSON'S, SENIORS, AND CHILDREN ATTENDING THE ASSABET VALLEY BOYS AND GIRLS CLUB. FINANCIAL ASSISTANCE TOTALING $19,909 WAS PROVIDED TO STUDENTS WITH A DEMONSTRATED NEED, SO THEY TOO COULD EXPERIENCE THE BENEFITS OF A MUSIC EDUCATION. ADDITIONAL MUSIC EDUCATION OPPORTUNITIES WERE PROVIDED TO STUDENTS INCLUDING MUSIC THEORY, WORKSHOPS, AND MASTERS CLASSES. PERFORMANCE OPPORTUNITIES WERE PROVIDED TO THE LARGER COMMUNITY INCLUDING THE CONCERT AND LECTURE SERIES, RECITALS, LOW COST WORKSHOPS, ENSEMBLES AND COMMUNITY JAMS.
  2. N/A
  3. N/A

Source: Form 990 for the year ending August 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Legitimacy checks

  1. Is it registered with the IRS? Passed.

    Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  2. Has the IRS revoked its tax-exempt status? Passed.

    Not on the IRS automatic revocation list.

    Source: Automatic revocation of exemption list, Internal Revenue Service, file dated November 6, 2026.

  3. Are donations tax-deductible? Passed.

    On the IRS list of organizations eligible to receive tax-deductible contributions.

    Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending August 2025.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since October 2006.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  6. Is it in good standing with state regulators? Passed.

    Not on California's list of charities barred from soliciting. Other states are not yet checked.

    Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated November 4, 2026.

Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.