Brevard Music Center
Brevard Music Center reported $14.7 million in revenue and $9.9 million in expenses for calendar year 2024. Of every $100 it spent, $77.64 went to program services, $14.81 to management and general costs and $7.55 to fundraising. Its largest source of revenue was contributions and grants: 41.6% of the total. The highest compensation it reported for one person was $260,080 (President & CEO). 4 people received more than $100,000 in reportable compensation. Revenue rose 48% between 2019 and 2024. Source: Form 990, 2024.
Where $100 of spending went
Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $9.9MFor context, the median across 5,499 covered education charities: $85.56 programs, $13.59 management, $0.85 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
Calendar year 2024 · Form 990, Part VIII · total revenue $15MThe 990 scorecard · same measures for every charity, no grades
| Measure | 2024 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 77.6% | 84.4% |
| Management & general Part IX 25(C) ÷ 25(A) | 14.8% | 13.4% |
| Fundraising Part IX 25(D) ÷ 25(A) | 7.6% | 0.8% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.12 | $0.04 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 41.6% | 19.1% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 0.6% | 1.1% |
| Program service revenue share Part VIII 2g ÷ 12 | 28.3% | 69.9% |
| Highest reported compensation Part VII-A, columns D–F | $260,080 | $331,578 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 2.64% | 1.28% |
| People paid over $100,000 Part VII, line 2 | 4 | 8 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 82.5 | 13.3 |
| Independent voting board members Part VI 1a–1b | 29 of 29 | 100.0% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
2024 · Form 990, Part III · the three largest programs by expenseThe Brevard Music Center Summer Institute and Festival is a prestigious annual event that provides young musicians with intensive training and performance opportunities. The programs offered-Jazz, Orchestral Studies, Piano, Composition, Voice, and Opera-showcase a diverse and comprehensive curriculum designed to cater to students with varying musical interests and specialties. Each summer, the Center welcomes nearly 1,000 students who immerse themselves in rigorous training and masterclasses led by accomplished instructors and professional musicians. These students then apply their skills in…
Highest reported compensation
2024 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| President & CEO Officer, 40.0 hrs/week | $225,846 | $0 | $34,234 | $260,080 |
| Sr. Director of Development Highest compensated employee, 40.0 hrs/week | $167,746 | $0 | $23,126 | $190,872 |
| Chief Financial Officer Officer, 40.0 hrs/week | $167,699 | $0 | $22,203 | $189,902 |
| Former President Former | $150,000 | $0 | $0 | $150,000 |
| Advancement Officer Highest compensated employee, 40.0 hrs/week | $114,796 | $0 | $15,247 | $130,043 |
4 people received more than $100,000 in reportable compensation from Brevard Music Center (Part VII, line 2). Compensation of current officers, directors and key employees totaled $528K (Part IX, line 5).
6 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
2024 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b29 · 29 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- Document retention policy Part VI 14Yes
- Independent process for top executive pay Part VI 15aYes
- Board given the 990 before filing Part VI 11aYes
- Family or business ties among insiders Part VI 2No
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26No
- Lobbying, or a 501(h) election in effect Part IV 4No
- Over $15,000 of professional fundraising services Part IV 18No
- Over $10,000 of activity outside the U.S. Part IV 14bNo
- Employees Part I, line 5282
- Volunteers Part I, line 6220
Private foundation grants it received
26 private foundations reported grants to Brevard Music Center totaling $393K on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.
Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.
Correct a figure or respond
Every number above is copied from Brevard Music Center's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Brevard Music Center, you can publish a response that is linked from this page.
Share or embed this breakdown
Of every $100 Brevard Music Center spent in 2024, $77.64 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- Brookwood SchoolManchester, MA · revenue $15M · programs 77.4% · FY2025
- United States and Canadian Academy of PathologyPalm Springs, CA · revenue $15M · programs 88.9% · FY2025
- California Crosspoint High SchoolHayward, CA · revenue $15M · programs 96.9% · FY2025
- Literacy Leadership Technology AcademyTampa, FL · revenue $15M · programs 98.1% · FY2025
- Tulsa Honor AcademyTulsa, OK · revenue $15M · programs 78.0% · FY2025
All education charities · Largest charities in North Carolina
Questions people ask
How much of Brevard Music Center's spending goes to programs?
In calendar year 2024, Brevard Music Center reported that 77.6% of its $9.9 million in expenses went to program services, 14.8% to management and general and 7.6% to fundraising (Form 990, Part IX).
How much does Brevard Music Center pay its top executive?
The largest total compensation Brevard Music Center reported for one person in calendar year 2024 was $260,080, for the role of President & CEO (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Brevard Music Center get its money?
Of $14.7 million in revenue in calendar year 2024, 41.6% came from contributions and grants (including 0.6% from government grants) and 28.3% from program service revenue (Form 990, Part VIII).
Is Brevard Music Center a registered charity?
The IRS lists EIN 56-0729350 as a 501(c)(3) organization (school), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- 2024: Form 990 for calendar year 2024, object 202513219349307581 · read the filing · XML
- 2023: Form 990 for calendar year 2023, object 202423209349319467 · read the filing
- 2022: Form 990 for calendar year 2022, object 202303179349305095 · read the filing
- 2021: Form 990 for calendar year 2021, object 202243189349304239 · read the filing
- 2020: Form 990 for calendar year 2020, object 202133129349301483 · read the filing
- 2019: Form 990 for calendar year 2019, object 202033219349302653 · read the filing
All filings for EIN 56-0729350: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.