Academy of Sound Foundation Inc

Funding & Encouraging Private Music Lessons

FITCHBURG, WI   |  www.academyofsound.org/scholarships

Mission

The mission of Academy of Sound Foundation is to fund and encourage private music study by deserving youth in our community, so that no musician's growth is limited by financial need.

Ruling year info

2015

President

Erin Chisman

Main address

5221 DAY LILY PL

FITCHBURG, WI 53711 USA

Show more contact info

EIN

47-1571995

NTEE code info

Fund Raising and/or Fund Distribution (A12)

IRS filing requirement

This organization is required to file an IRS Form 990-N.

Communication

Programs and results

What we aim to solve

SOURCE: Self-reported by organization

Private music lessons aren't accessible to every child who wants them, mainly due to tuition costs.

Our programs

SOURCE: Self-reported by organization

What are the organization's current programs, how do they measure success, and who do the programs serve?

Scholarship Fund

Monies to be used to pay for private music lessons for students who qualify

Population(s) Served
Children and youth

Where we work

Our results

SOURCE: Self-reported by organization

How does this organization measure their results? It's a hard question but an important one.

Number of academic scholarships awarded

This metric is no longer tracked.
Totals By Year
Population(s) Served

Economically disadvantaged people, Students, Artists and performers, Unemployed people, People with disabilities

Related Program

Scholarship Fund

Type of Metric

Output - describing our activities and reach

Direction of Success

Holding steady

Total dollar amount of scholarship awarded

This metric is no longer tracked.
Totals By Year
Population(s) Served

People with disabilities, Economically disadvantaged people

Related Program

Scholarship Fund

Type of Metric

Output - describing our activities and reach

Direction of Success

Increasing

Our Sustainable Development Goals

SOURCE: Self-reported by organization

Learn more about Sustainable Development Goals.

Goals & Strategy

SOURCE: Self-reported by organization

Learn about the organization's key goals, strategies, capabilities, and progress.

Charting impact

Four powerful questions that require reflection about what really matters - results.

To make private music lessons accessible to every child who wants them, by awarding full and partial scholarships.

We hold recitals 2-3 times each year to raise money for our scholarship fund. We set a reasonable "suggested donation" for attendees, calculated by estimating the expected number of audience members and how much we think we'll need to award something to everyone who submits a scholarship application.
We solicit scholarship applications through our website, social media, and though our local public schools.
Our scholarship committee meets whenever there are applications, to compare available funds to those requested via the applications, and awards scholarships accordingly.
Those who are awarded a scholarship receive free or lower-cost private music lessons for the term.

Our recitals are attended by hundreds of community members, families of students, and friends of our organization. By not selling tickets to these events, we are able to set a reasonable suggested donation for attendees. If our goals aren't met by these donations, we use fairly robust email lists and social media to solicit additional donations.

In 2019, we had two scholarship applicants -- one for a partial scholarship, and one for a full scholarship. Both applicants met all of the requirements on the application, and were qualified to receive funding. We awarded both applicants with the amounts that they needed in order to continue or start private music lessons.

In addition, one applicant could not afford an instrument. We were able to find a community member to donate an instrument that they no longer needed. After having the instrument serviced by a professional (who offered their services for free), we gave the instrument to the student!

What's next? We plan to continue and enhance the work we've been doing. This means holding recitals, getting more creative about ways to raise more at these events (silent auction, flower sales, etc.), and getting applications into more hands that need them.

Financials

Academy of Sound Foundation Inc
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Operations

The people, governance practices, and partners that make the organization tick.

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Connect with nonprofit leaders

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  • Analyze a variety of pre-calculated financial metrics
  • Access beautifully interactive analysis and comparison tools
  • Compare nonprofit financials to similar organizations

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Academy of Sound Foundation Inc

Board of directors
as of 09/22/2022
SOURCE: Self-reported by organization
Board co-chair

Erin Chisman


Board co-chair

Adam Chisman

Julia Meyers

Board leadership practices

SOURCE: Self-reported by organization

GuideStar worked with BoardSource, the national leader in nonprofit board leadership and governance, to create this section.

  • Board orientation and education
    Does the board conduct a formal orientation for new board members and require all board members to sign a written agreement regarding their roles, responsibilities, and expectations? Yes
  • CEO oversight
    Has the board conducted a formal, written assessment of the chief executive within the past year ? Not applicable
  • Ethics and transparency
    Have the board and senior staff reviewed the conflict-of-interest policy and completed and signed disclosure statements in the past year? Yes
  • Board composition
    Does the board ensure an inclusive board member recruitment process that results in diversity of thought and leadership? Yes
  • Board performance
    Has the board conducted a formal, written self-assessment of its performance within the past three years? No

Organizational demographics

SOURCE: Self-reported; last updated 9/8/2020

Who works and leads organizations that serve our diverse communities? GuideStar partnered on this section with CHANGE Philanthropy and Equity in the Center.

Leadership

The organization's leader identifies as:

Race & ethnicity
White/Caucasian/European
Gender identity
Female, Not transgender (cisgender)
Sexual orientation
Heterosexual or Straight
Disability status
Person without a disability

Race & ethnicity

Gender identity

 

Sexual orientation

Disability

We do not display disability information for organizations with fewer than 15 staff.

Equity strategies

Last updated: 09/08/2020

GuideStar partnered with Equity in the Center - an organization that works to shift mindsets, practices, and systems to increase racial equity - to create this section. Learn more

Data
  • We review compensation data across the organization (and by staff levels) to identify disparities by race.
Policies and processes
  • We use a vetting process to identify vendors and partners that share our commitment to race equity.
  • We seek individuals from various race backgrounds for board and executive director/CEO positions within our organization.
  • We help senior leadership understand how to be inclusive leaders with learning approaches that emphasize reflection, iteration, and adaptability.