Form 990 for tax year 2023

1e · Government grants (contributions)

$116,988

1f · All other contributions, gifts and grants

$1,441,253

1g · Noncash contributions included above

$8,922

2a · Program service revenue: MUSIC EDUCATION CONCER

total $2,569,602 · related or exempt $2,569,602

2b · Program service revenue: RENTAL INCOME

total $244,597 · related or exempt $244,597

2c · Program service revenue: CLASS FEES

total $225,216 · related or exempt $225,216

3 · Investment income

total $134,945 · excluded $134,945

10a · Gross sales of inventory

$347,865

10b · Cost of goods sold

$114,102

10c · Net income from sales of inventory

total $233,763 · related or exempt $233,763

11a · Other revenue: OTHER REVENUE

total $1,343 · related or exempt $1,343

11e · Other revenue, total

$1,343

5 · Compensation of officers, directors and key employees

total $430,667 · program services $247,342 · management and general $125,957 · fundraising $57,368

7 · Other salaries and wages

total $1,433,228 · program services $823,137 · management and general $419,177 · fundraising $190,914

9 · Other employee benefits

total $217,521 · program services $103,466 · management and general $79,595 · fundraising $34,460

10 · Payroll taxes

total $141,949 · program services $75,715 · management and general $47,206 · fundraising $19,028

11c · Fees: accounting

total $61,170 · management and general $61,170

11g · Fees: other

total $383,965 · program services $110,938 · management and general $165,606 · fundraising $107,421

12 · Advertising and promotion

total $229,716 · program services $7,735 · management and general $215,748 · fundraising $6,233

13 · Office expenses

total $451,778 · program services $88,328 · management and general $296,422 · fundraising $67,028

16 · Occupancy

total $131,472 · program services $65,383 · management and general $47,755 · fundraising $18,334

17 · Travel

total $3,393 · program services $2,856 · management and general $537

19 · Conferences, conventions and meetings

total $25,174 · program services $2,650 · management and general $17,016 · fundraising $5,508

22 · Depreciation, depletion and amortization

total $47,756 · program services $25,015 · management and general $14,465 · fundraising $8,276

23 · Insurance

total $21,805 · management and general $21,805

24a · Other expenses: PRODUCTION COSTS

total $1,935,061 · program services $1,929,757 · management and general $1,568 · fundraising $3,736

24b · Other expenses: PROGRAM EXPENSES

total $43,361 · program services $43,361

24c · Other expenses: MISCELLANEOUS EXPENSES

total $6,306 · program services $56 · management and general $1,098 · fundraising $5,152

24d · Other expenses: TAXES AND LICENSES

total $2,943 · program services $1,387 · management and general $1,206 · fundraising $350

1 · Cash, non-interest-bearing

beginning of year $2,354,078 · end of year $1,341,989

2 · Savings and temporary cash investments

beginning of year $9,427 · end of year $13,136

3 · Pledges and grants receivable

beginning of year $171,552 · end of year $152,275

4 · Accounts receivable

beginning of year $8,113 · end of year $2,316

8 · Inventories for sale or use

beginning of year $15,617 · end of year $14,997

9 · Prepaid expenses and deferred charges

beginning of year $95,599 · end of year $80,100

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

$1,256,262

10b · Land, buildings and equipment: accumulated depreciation

$284,322

10c · Land, buildings and equipment, net

beginning of year $955,484 · end of year $971,940

12 · Investments: other securities

beginning of year $1,950,000 · end of year $2,462,486

15 · Other assets

beginning of year $12,677,505 · end of year $12,674,332

17 · Accounts payable and accrued expenses

beginning of year $263,968 · end of year $233,370

19 · Deferred revenue

beginning of year $296,052 · end of year $411,889

27 · Net assets without donor restrictions

beginning of year $17,677,355 · end of year $17,068,312