Mr. Holland's Opus Foundation does not meet the following 5 Standards for Charity Accountability:
Standard 6 (Board Policy on Effectiveness)
Have a board policy of assessing, no less than every two years, the organization's performance and effectiveness and of determining future actions required to achieve its mission.
MHOF does not meet this Standard because:
- The board of directors does not have a written policy stating that, at least every two years, an appraisal be done assessing the organization’s performance and effectiveness and determining future actions required to achieve its mission.
Standard 7 (Board Approval of Written Report on Effectiveness)
Submit to the organization's governing body, for its approval, a written report that outlines the results of the aforementioned performance and effectiveness assessment and recommendations for future actions.
MHOF does not meet this Standard because:
- The organization has not completed an effectiveness assessment in the last two years.
Standard 14 (Budget)
Have a board-approved annual budget for its current fiscal year, outlining projected expenses for major program activities, fund raising, and administration.
MHOF does not meet this Standard because, when the organization provided 2023 budget information, it indicated that the budget:
- Did not identify total projected program service expenses broken down by major program category (Mr. Holland's Opus Foundation and Music Rising).
Standard 16 (Annual Report)
Have an annual report available to all, on request, that includes: (a) the organization's mission statement, (b) a summary of the past year's program service accomplishments, (c) a roster of the officers and members of the board of directors, (d) financial information that includes (i) total income in the past fiscal year, (ii) expenses in the same program, fund raising and administrative categories as in the financial statements, and (iii) ending net assets.
MHOF does not meet this Standard because:
- The organization states it does not have an annual report covering activities conducted in 2021.
Standard 19 (Cause Related Marketing)
Clearly disclose how the charity benefits from the sale of products or services (i.e., cause-related marketing) that state or imply that a charity will benefit from a consumer sale or transaction. Such promotions should disclose, at the point of solicitation: (a) the actual or anticipated portion of the purchase price that will benefit the charity (e.g., 5 cents will be contributed to abc charity for every xyz company product sold), (b) the duration of the campaign (e.g., the month of October), (c) any maximum or guaranteed minimum contribution amount (e.g., up to a maximum of $200,000).
MHOF does not meet this Standard because, in the past year, the organization participated in promotions for the sale of consumer goods or services that indicated the organization would benefit from these purchases. The promotions, however, did not specify:
- The actual or anticipated amount of the purchase price that would benefit the organization.
The BBB Wise Giving Alliance requested but did not receive complete information from the organization and is unable to verify the organization's compliance with the following Standard(s) for Charity Accountability:
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Mr. Holland's Opus Foundation meets the remaining 13 Standards for Charity Accountability.
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Year, State Incorporated
1996, DE
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Stated Purpose
"to keep music alive in our schools by providing vital support services to school districts, and new musical instruments to underfunded music programs nationwide, giving under-represented youth access to the many benefits of music education, leading them to success in school, and inspiring creativity and expression through playing music."
The Mr. Holland's Opus Foundation (MHOF) supplies under-resourced schools with instruments and supplies to help sustain their music programs. The organization's Music Rising program aids schools affected by natural disasters nationwide. MHOF's Music Education District Support Services (MEDSS) program collaborates with school districts across the country to deliver music education in their schools. The program administers needs assessments on school campuses and provides key findings and recommendations to strengthen the schools' music education programs.
For the year ended June 30, 2021, Mr. Holland's Opus Foundation's program expenses were:
| Mr. Holland's Opus Foundation |
$965,203 |
| Music Rising |
$19,699 |
| Total Program Expenses: |
$984,902 |
*2020 compensation includes annual salary and, if applicable, benefit plans, expense accounts, and other allowances.
Method(s) Used:
Direct mail appeals, Grant proposals, Internet, Planned giving arrangements, Cause- related marketing (affinity credit cards, consumer product sales, etc.)
Fundraising costs were 11% of related contributions. (Related contributions, which totaled $1,223,688, are donations received as a result of fundraising activities.)
This organization is tax-exempt under section 501(c) (3) of the Internal Revenue Code.It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.
The following information is based on Mr. Holland's Opus Foundation's audited financial statements for the year ended June 30, 2021.
| Source of Funds |
| Individual contributions |
$711,524 |
| Foundation grants |
$365,850 |
| PPP loan |
$85,300 |
| Corporate contributions |
$44,314 |
| Donated musical instruments and accessories |
$16,700 |
| Other revenue and support |
$2,136 |
| Total Income |
$1,225,824 |
- Programs: 73%
- Administrative: 18%
- Fundraising: 9%
| Total Income |
$1,225,824 |
| Program expenses |
$984,902 |
| Fundraising expenses |
$132,392 |
| Administrative expenses |
$233,932 |
| Other expenses |
$0 |
| Total expenses: |
$1,351,226 |
| Income in Excess of Expenses |
$-125,402 |
| Beginning Net Assets |
$2,735,481 |
| Other Changes In Net Assets |
$0 |
| Ending Net Assets |
$2,610,079 |
| Total Liabilities |
$206,691 |
| Total Assets |
$2,816,770 |
Note: According to the organization's audited financial statements for the year ended June 30, 2021, MHOF received in-kind contributions totaling $16,700 in the form of musical instruments and accessories.