80
Powers Music School Inc
Arts & Culture · Belmont, Massachusetts
160 Lexington St, Belmont, MA 02478-1240
EIN: 042580633· Founded: May 1976· 50 years active· Filing Year: 2023
Annual Revenue
$2.2M
Total Expenses
$2.1M
Total Assets
$4.0M
Program Spending
77%
of expenses go to programs
Compensation & Payroll
Total Officer Compensation
$136K
6.6% of total expenses
All officers, directors, and key employees combined
Other Salaries & Wages
$1.1M
Total Payroll
$1.3M
61% of total expenses
Where the Money Goes
77%
Programs: 77%
Payroll: 61%
Other overhead: 23%
Program Revenue$1.6M (73%)
Total Expenses$2.1M (96%)
Payroll$1.3M (61%)
Overhead (non-program)23%
Trust Score Breakdown
Program Spending Ratio
77% of expenses go to programs
Revenue & Stability
$2.2M annual revenue
Executive Compensation
$136K total officer comp (6.6% of expenses)
Filing Recency
Most recent filing: 2023
Asset Strength
$4.0M in assets
Similar Arts & Culture Nonprofits in Massachusetts
Data from IRS Form 990 filing (2023). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.