Form 990 for tax year 2022

1e · Government grants (contributions)

$35,000

1f · All other contributions, gifts and grants

$334,819

2a · Program service revenue: Performance Revenues

total $169,457 · related or exempt $169,457

2b · Program service revenue: Tuition & Competition

total $33,941 · related or exempt $33,941

3 · Investment income

total $11,293 · excluded $11,293

8a · Fundraising events: gross income

$66,723

8b · Fundraising events: direct expenses

$27,005

8c · Net income from fundraising events

total $39,718 · excluded $39,718

5 · Compensation of officers, directors and key employees

total $58,031 · program services $58,031

7 · Other salaries and wages

total $143,304 · program services $49,491 · management and general $63,963 · fundraising $29,850

10 · Payroll taxes

total $15,588 · program services $8,395 · management and general $4,893 · fundraising $2,300

11f · Fees: investment management

total $4,074 · management and general $4,074

11g · Fees: other

total $10,922 · program services $7,278 · management and general $3,340 · fundraising $304

12 · Advertising and promotion

total $16,300 · program services $14,486 · management and general $1,564 · fundraising $250

13 · Office expenses

total $6,527 · program services $23 · management and general $6,305 · fundraising $199

16 · Occupancy

total $22,443 · management and general $22,443

17 · Travel

total $6,456 · program services $3,224 · management and general $1,896 · fundraising $1,336

22 · Depreciation, depletion and amortization

total $13,007 · management and general $13,007

23 · Insurance

total $17,457 · management and general $17,457

24a · Other expenses: Concert Expenses

total $226,597 · program services $225,241 · management and general $790 · fundraising $566

24b · Other expenses: Printing & Publication

total $18,013 · program services $11,152 · fundraising $6,861

24c · Other expenses: Dues & Subscriptions

total $5,892 · program services $1,650 · management and general $3,992 · fundraising $250

24d · Other expenses: Charitable Contribution

total $3,000 · program services $3,000

24e · All other expenses

total $4,879 · program services $223 · management and general $4,566 · fundraising $90

1 · Cash, non-interest-bearing

beginning of year $62,056 · end of year $31,213

2 · Savings and temporary cash investments

beginning of year $150,293 · end of year $76,046

4 · Accounts receivable

beginning of year $94,523 · end of year $56,152

9 · Prepaid expenses and deferred charges

beginning of year $6,782 · end of year $3,529

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

$57,455

10b · Land, buildings and equipment: accumulated depreciation

$45,743

10c · Land, buildings and equipment, net

beginning of year $24,719 · end of year $11,712

11 · Investments: publicly traded securities

beginning of year $273,265 · end of year $418,917

15 · Other assets

beginning of year $0 · end of year $105,259

17 · Accounts payable and accrued expenses

beginning of year -$610 · end of year $0

19 · Deferred revenue

beginning of year $108,129 · end of year $37,383

24 · Unsecured notes and loans payable

beginning of year $149,259 · end of year $146,568

25 · Other liabilities

beginning of year $6,461 · end of year $22,413

27 · Net assets without donor restrictions

beginning of year $348,399 · end of year $378,605

28 · Net assets with donor restrictions

beginning of year $0 · end of year $117,859