Form 990 for tax year 2024

1e · Government grants (contributions)

$98,234

1f · All other contributions, gifts and grants

$1,898,301

1g · Noncash contributions included above

$2,653

2a · Program service revenue: MUSIC EDUCATION CONCER

total $2,471,175 · related or exempt $2,471,175

2b · Program service revenue: CLASS FEES

total $232,501 · related or exempt $232,501

2c · Program service revenue: RENTAL INCOME

total $225,131 · related or exempt $225,131

3 · Investment income

total $128,607 · excluded $128,607

7a · Gross sales of assets other than inventory

securities $659,224

7b · Less cost or other basis and sales expenses

securities $659,224

7c · Gain or loss

securities $0

7d · Net gain or loss

total $0

10a · Gross sales of inventory

$304,681

10b · Cost of goods sold

$108,553

10c · Net income from sales of inventory

total $196,128 · related or exempt $196,128

11a · Other revenue: OTHER REVENUE

total $29,345 · related or exempt $29,345

11e · Other revenue, total

$29,345

5 · Compensation of officers, directors and key employees

total $459,764 · program services $264,229 · management and general $146,342 · fundraising $49,193

7 · Other salaries and wages

total $1,599,708 · program services $916,593 · management and general $511,700 · fundraising $171,415

9 · Other employee benefits

total $177,037 · management and general $177,037

10 · Payroll taxes

total $171,670 · program services $111,756 · management and general $44,298 · fundraising $15,616

11c · Fees: accounting

total $91,665 · management and general $91,665

11g · Fees: other

total $332,231 · program services $148,660 · management and general $112,822 · fundraising $70,749

12 · Advertising and promotion

total $188,518 · program services $9,450 · management and general $178,680 · fundraising $388

13 · Office expenses

total $456,772 · program services $161,264 · management and general $234,092 · fundraising $61,416

16 · Occupancy

total $129,364 · program services $93,269 · management and general $26,824 · fundraising $9,271

17 · Travel

total $3,508 · program services $392 · management and general $3,116

19 · Conferences, conventions and meetings

total $51,553 · program services $13,953 · management and general $35,903 · fundraising $1,697

22 · Depreciation, depletion and amortization

total $54,480 · program services $35,957 · management and general $13,620 · fundraising $4,903

23 · Insurance

total $22,870 · management and general $22,870

24a · Other expenses: PRODUCTION COSTS

total $1,713,887 · program services $1,707,737 · management and general $3,606 · fundraising $2,544

24b · Other expenses: PROGRAM EXPENSES

total $48,538 · program services $48,538

24c · Other expenses: TAXES AND LICENSES

total $1,922 · program services $1,213 · management and general $406 · fundraising $303

1 · Cash, non-interest-bearing

beginning of year $1,341,989 · end of year $1,566,693

2 · Savings and temporary cash investments

beginning of year $13,136 · end of year $47,680

3 · Pledges and grants receivable

beginning of year $152,275 · end of year $63,993

4 · Accounts receivable

beginning of year $2,316 · end of year $0

8 · Inventories for sale or use

beginning of year $14,997 · end of year $4,299

9 · Prepaid expenses and deferred charges

beginning of year $80,100 · end of year $55,742

10a · Land, buildings and equipment: cost or other basis

$1,300,466

10b · Land, buildings and equipment: accumulated depreciation

$338,802

10c · Land, buildings and equipment, net

beginning of year $971,940 · end of year $961,664

12 · Investments: other securities

beginning of year $2,462,486 · end of year $2,188,106

15 · Other assets

beginning of year $12,674,332 · end of year $12,684,135

17 · Accounts payable and accrued expenses

beginning of year $233,370 · end of year $287,982

19 · Deferred revenue

beginning of year $411,889 · end of year $440,090

27 · Net assets without donor restrictions

beginning of year $17,068,312 · end of year $16,844,240