Pierre Monteux Memorial Foundation

Tax-deductible

Hancock, ME501(c)(3)Arts & CultureEIN 01-0279335Revenue $584K in FY2025

On file with the IRSmonteuxmusic.orgPo Box 457, 04640-0457 · Hancock, METax-exempt since Feb 1973School — 170(b)(1)(A)(ii)

Tell your story. Claim this org

The mission of the Pierre Monteux Memorial Foundation is to train aspiring symphony conductors and orchestra musicians through an intensive summer program distinguished by a unique teaching legacy, a wide and varied repertoire, and public performances of symphonic, chamber and children's concerts.

501(c)(3) charity; gifts are tax-deductible.
74¢ of each $1 spent went to programs.
Run by 40 volunteers and 1 employee.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2025 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
5 of 6
filings with a surplus
Average surplus $127K a year · 28% of revenue · last 6 filings
Fine: a surplus in 5 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
74%
of spending
Fine: 74% of spending went to programs; 65% to 75%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$76K
to officers and key staff · 20% of spending
Top officer’s pay lower than 66% of similar orgs
Fine: pay to officers and key staff is 20% of spending; 15% to 20%.
Pt VII · Sec A
Cash reserves
7 mo
of spending, in cash
Looks good: 7.2 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
4
named funders · $63K
Looks good: 4 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$3K
0.09% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
16
of 17 voting members
Looks good: 16 of 17 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$584K
+28% vs prior year
Spent
$374K
To programs
74%
Net assets
$2.8M
By yearFY2020–FY2025
Revenue
$584K
FY2025▲ +28%
Tap a bar for its year
Revenue by fiscal year
FY2020$200K
FY2021$443K
FY2022$541K
FY2023$536K
FY2024$458K
FY2025$584K
Expenses
$374K
FY2025▲ +9%
Tap a bar for its year
Expenses by fiscal year
FY2020$273K
FY2021$273K
FY2022$399K
FY2023$338K
FY2024$343K
FY2025$374K
Net assets
$2.8M
FY2025▲ +9%
Tap a bar for its year
Net assets by fiscal year
FY2020$1.7M
FY2021$2.0M
FY2022$2.0M
FY2023$2.2M
FY2024$2.5M
FY2025$2.8M

From the FY2025 Form 990 (year ending August 2025) · see the original

Give Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Feb 1973.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

74 cents of each dollar spent went to programs.

Program services 74% · $278K Management & general 22% · $81K Fundraising 4% · $15K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Something off? Claim to fix it

Who runs it and what they're paid

18 people listed on the 990; $76K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII
Executive Di
$39,000Pt VII · Sec A
Music Direct
$37,000Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Stanislas Renard’s $39K as Executive Di is at the 34th percentile of top reported officer pay among 2215 $100K–1M arts & culture nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 4 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Stanislas Renard$39,000$37,000$32,000$12,333——
Dr Tiffany Lu$37,000—————
Michael Jinbo————$33,000—
Marc Thayer———$25,000$30,000$26,667

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Pierre Monteux Memorial Foundation executive salaries →

On this list? Claim this org

Something off? Claim to fix it

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Trains conductors and musicians through intensive summer programs and public performances.

Questions for Pierre Monteux Memorial Foundation

Tap to ask. Pierre Monteux Memorial Foundation sees how many people are interested.

Your first name shows with your question. Pierre Monteux Memorial Foundation answers here, for everyone.

Provided by the organization

Know this org? Add your story

1 program · $278K · in their own filed words · FY2024
01

To train aspiring symphony conductors and orchestra musicians through an intensive summer program distinguished by a unique teaching legacy, a wide and varied repertoire, and public performances of symphonic, chamber and children's concerts.

$278Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2024
Glore FundFY2024$25K
Total grants receivedfrom 4 funders$63K
See all 4 funders →
Grants paid · 1 grant · $64K · 2024–2024
Unitemized GrantFY2024$63,900

By the numbers

The FY2025 990, line by line.

1The main four
Money inPt VIII
$584K
Ln 12
Gifts and grantsLn 1h$243K
Fees for servicesLn 2g$205K
Investment incomeLn 3$133K
Money outPt IX
$374K
Ln 25
Programscol B$278K
Managementcol C$81K
Fundraisingcol D$15K
Owns and owesPt X
$2.8M
net assets · Ln 32
Cash and savingsLn 1–2$224K
Total assetsLn 16$2.8M
LiabilitiesLn 26$3K
PeoplePt VI, VII
18
listed · VII A
PaidVII A2
Voting boardVI 1a17
IndependentVI 1b16
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$243K
Noncash giftsLn 1g$7K
Fees for servicesLn 2g$205K
Investment incomeLn 3$133K
Other incomeLn 4–11$2K
Gains on assetsLn 7$125K
Total revenueLn 12$584K
Assets in detailPt X, end of year
CashLn 1$219K
SavingsLn 2$5K
Cash and savings togetherLn 1–2$224K
InvestmentsLn 11–13$966K
Land, buildings, equipmentLn 10c$1.5M
Other assetsLn 15$47K
Total assetsLn 16$2.8M
LiabilitiesLn 26$3K
Net assetsLn 32$2.8M
OperationsPt I, VI
EmployeesI 51
VolunteersI 640
Fiscal year endsHeaderAugust
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY25End FY25
Cash and savingsLn 1–2$158K$224K
InvestmentsLn 11–13$1.1M$966K
Land, buildings, equipmentLn 10c$1.3M$1.5M
Total assetsLn 16$2.6M$2.8M
LiabilitiesLn 26$49K$3K
Net assetsLn 32$2.5M$2.8M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic individualsLn 2$64K$64K
Pay of current officers, directors and key staffLn 5$76K$60K$12K$4K
Other salaries and wagesLn 7$19K$16K$3K$942
Payroll taxesLn 10$8K$6K$1K$380
Accounting feesLn 11c$9K$9K
Investment management feesLn 11f$997$997
Other fees for servicesLn 11g$55$55
Advertising and promotionLn 12$8K$8K
Office expensesLn 13$23K$17K$6K$96
Information technologyLn 14$2K$2K
OccupancyLn 16$41K$25K$12K$4K
TravelLn 17$6K$6K
InterestLn 20$787$787
Depreciation, depletion and amortizationLn 22$44K$27K$13K$4K
InsuranceLn 23$21K$1K$19K
Other expenses (24a–d)Ln 24$50K$48K$2K
All other expensesLn 24e$788$788
Total functional expensesLn 25$374K$278K$81K$15K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest Viewing $584K$374K$209K$2.8M 990 PDF
FY2024 $458K$343K$114K$2.5M 990 PDF
FY2023 $536K$338K$198K$2.2M 990 PDF
FY2022 $541K$399K$142K$2.0M 990 PDF
FY2021 $443K$273K$170K$2.0M 990 PDF
FY2020 $200K$273K−$73K$1.7M 990 PDF

More to add? Claim this org

Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2025 990 (6 parts)
Part I · Summary $583,622 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $251,941$242,728
I-9 Program service revenuePrior year $186,387$205,343
I-10 Investment incomePrior year $19,116$133,300
I-11 Other revenuePrior year $283$2,251
I-12 Total revenuePrior year $457,727$583,622
I-13 Grants and similar amounts paidPrior year $60,150$63,900
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $89,720$102,941
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $193,373$207,481
I-18 Total expensesPrior year $343,243$374,322
I-19 Revenue less expensesPrior year $114,484$209,300
Part VI · Governance 16 of 17 board members independent, 1 to look at
VI-1a Voting members of the governing body17
VI-1b Independent voting members16
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
Part VIII · Statement of revenue $583,622 across 8 lines filed
VIII-1f All other contributions, gifts and grants$242,728
VIII-1g Noncash contributions (included above)$6,930
VIII-1h Total contributions, gifts and grants$242,728
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $205,343$205,343
VIII-3 Investment incomeExcluded from tax $8,784$8,784
VIII-7 Net gain or loss on sales of assetsRelated to mission $124,516$124,516
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $2,251$2,251
VIII-12 Total revenueRelated to mission $332,110 · Excluded from tax $8,784$583,622
Part IX · Statement of functional expenses $374,322 across 17 lines filed
IX-2 Grants to domestic individualsPrograms $63,900$63,900
IX-5 Pay of current officers, directors and key staffPrograms $60,400 · Management $11,700 · Fundraising $3,900$76,000
IX-7 Other salaries and wagesPrograms $15,651 · Management $2,826 · Fundraising $942$19,419
IX-10 Payroll taxesPrograms $6,001 · Management $1,141 · Fundraising $380$7,522
IX-11c Accounting feesManagement $8,713$8,713
IX-11f Investment management feesManagement $997$997
IX-11g Other fees for servicesManagement $55$55
IX-12 Advertising and promotionPrograms $7,846$7,846
IX-13 Office expensesPrograms $16,561 · Management $6,217 · Fundraising $96$22,874
IX-14 Information technologyManagement $2,495$2,495
IX-16 OccupancyPrograms $24,679 · Management $12,340 · Fundraising $4,113$41,132
IX-17 TravelPrograms $6,451$6,451
IX-20 InterestPrograms $787$787
IX-22 Depreciation, depletion and amortizationPrograms $26,605 · Management $13,303 · Fundraising $4,434$44,342
IX-23 InsurancePrograms $1,175 · Management $19,425$20,600
IX-24 Other expenses (24a–d)Programs $48,151 · Management $2,250$50,401
IX-24e All other expensesFundraising $788$788
IX-25 Total functional expensesPrograms $278,207 · Management $81,462 · Fundraising $14,653$374,322
Part X · Balance sheet $2,778,923 assets, 12 lines filed
X-1 Cash, non-interest-bearingStart of year $131,354$218,802
X-2 Savings and temporary cash investmentsStart of year $26,878$4,995
X-10c Land, buildings and equipment, netStart of year $1,266,049$1,542,925
X-11 Publicly traded securitiesStart of year $1,117,650$965,700
X-15 Other assetsStart of year $44,104$46,501
X-16 Total assetsStart of year $2,586,035$2,778,923
X-17 Accounts payable and accrued expensesStart of year $6,082$2,513
X-26 Total liabilitiesStart of year $49,196$2,513
X-27 Net assets without donor restrictionsStart of year $2,198,240$2,397,106
X-28 Net assets with donor restrictionsStart of year $338,599$379,304
X-32 Total net assets or fund balancesStart of year $2,536,839$2,776,410
X-33 Total liabilities and net assetsStart of year $2,586,035$2,778,923
Part XI · Reconciliation of net assets $2,776,410 net assets at year end
XI-1 Total revenue$583,622
XI-2 Total expenses$374,322
XI-3 Revenue less expenses$209,300
XI-4 Net assets at start of year$2,536,839
XI-5 Net unrealized gains (losses) on investments$30,271
XI-10 Net assets at end of year$2,776,410

Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

Your org? Add context

Made it to the end? Claim this org

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.