Totals
- Total revenue
- $3,139,015
- Total expenses
- $662,209
- Contributions and grants received
- $2,690,409
- Grants paid
- $0
- Program service revenue
- $388,638
- Investment income
- $76,871
- Other revenue
- -$16,903
- Total assets, end of year
- $5,180,862
- Total liabilities, end of year
- $38,488
- Net assets or fund balances, end of year
- $5,142,374
- Program services expenses (Part IX)
- $461,819
- Management and general expenses
- $185,222
- Fundraising expenses
- $15,168
- Program service expenses (Part III)
- $461,819
Program services were 69.7% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1c · Fundraising events
$48,404
-
1f · All other contributions, gifts and grants
$2,642,005
-
2a · Program service revenue: PRIVATE LESSONS
total $318,565 · related or exempt $318,565
-
2b · Program service revenue: STUDENT LESSONS
total $36,881 · related or exempt $36,881
-
2c · Program service revenue: CONCERTS
total $28,512 · related or exempt $28,512
-
2d · Program service revenue: SUMMER CAMPS
total $4,680 · related or exempt $4,680
-
3 · Investment income
total $76,871 · excluded $76,871
-
8a · Fundraising events: contributions included on line 1c
$48,404
-
8b · Fundraising events: direct expenses
$24,078
-
8c · Net income from fundraising events
total -$24,078 · excluded -$24,078
-
10a · Gross sales of inventory
$7,175
-
10c · Net income from sales of inventory
total $7,175 · excluded $7,175
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $53,291 · program services $26,646 · management and general $26,645
-
7 · Other salaries and wages
total $354,796 · program services $266,549 · management and general $88,247
-
9 · Other employee benefits
total $16,600 · program services $9,960 · management and general $6,640
-
10 · Payroll taxes
total $37,140 · program services $22,284 · management and general $14,856
-
11c · Fees: accounting
total $10,165 · program services $5,082 · management and general $5,083
-
11f · Fees: investment management
total $1,869 · management and general $1,869
-
13 · Office expenses
total $8,267 · program services $4,133 · management and general $4,134
-
15 · Royalties
total $9,604 · program services $9,604
-
16 · Occupancy
total $45,677 · program services $22,838 · management and general $22,839
-
19 · Conferences, conventions and meetings
total $341 · management and general $341
-
22 · Depreciation, depletion and amortization
total $28,774 · program services $28,774
-
23 · Insurance
total $17,495 · program services $10,497 · management and general $6,998
-
24a · Other expenses: PROGRAM EXPENSES
total $46,439 · program services $46,439
-
24b · Other expenses: FUNDRAISING
total $15,168 · fundraising $15,168
-
24c · Other expenses: BANK AND CC FEES
total $15,140 · program services $7,570 · management and general $7,570
-
24d · Other expenses: BUILDING BANK/CC FEES
total $806 · program services $806
-
24e · All other expenses
total $637 · program services $637
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $138,443 · end of year $618,841
-
2 · Savings and temporary cash investments
beginning of year $1,405,036 · end of year $2,257,133
-
4 · Accounts receivable
beginning of year $314,678 · end of year $471,400
-
8 · Inventories for sale or use
beginning of year $2,034 · end of year $2,034
-
10a · Land, buildings and equipment: cost or other basis
$1,845,068
-
10b · Land, buildings and equipment: accumulated depreciation
$175,677
-
10c · Land, buildings and equipment, net
beginning of year $735,635 · end of year $1,669,391
-
11 · Investments: publicly traded securities
end of year $162,063
-
17 · Accounts payable and accrued expenses
beginning of year $543 · end of year $2,091
-
19 · Deferred revenue
end of year $36,397
-
27 · Net assets without donor restrictions
beginning of year $192,831 · end of year $5,142,374
-
28 · Net assets with donor restrictions
beginning of year $2,402,452
Mission and programs · 2023
Mission
NORTH VALLEY MUSIC SCHOOL ENRICHES OUR MONTANA COMMUNITIES THROUGH MUSIC EDUCATION, APPRECIATION AND PERFORMANCE BY PROVIDING MUSICAL OPPORTUNITIES FOR ALL.
-
NORTH VALLEY MUSIC SCHOOL (NVMS) ENRICHES OUR MONTANA COMMUNITIES THROUGH MUSIC EDUCATION, APPRECIATION, AND PERFORMANCE BY OFFERING MUSICAL OPPORTUNITIES TO ALL. NVMS SERVES OVER 800 STUDENTS A YEAR THROUGH PRIVATE MUSIC LESSONS, GROUP CLASSES, WORKSHOPS, SUMMER CAMPS,AND ENSEMBLES. OUTREACH AND EVENTS REACH THOUSANDS MORE. NVMS HOSTS A NUMBER OF FREE PROGRAMS INCLUDING A CHILDRENS CHOIR, AND TWO WEEKLY ACOUSTIC JAMS OPEN TO ALL LEVELS OF MUSICIANSHIP. SCHOLARSHIPS ARE AVAILABLE TO ENSURE MUSIC EDUCATION IS ACCESSIBLE TO ALL PEOPLE IN OUR RURAL COMMUNITY. NVMS CHANGES LIVES AND OUR COMMUNITY THROUGH MUSIC.
Expenses $461,819 · Revenue $388,638
As filed on the 2023 return.
Listed in Part VII
-
Deidre CorsonDEIDRE CORSON
EXECUTIVE DI
- Total calculated
- $53,291
- From this org
- $53,291
- From related orgs
- $0
- Other
- $0
- Hours/week
- 30
-
Summer BoggessSUMMER BOGGESS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Brian HertzBRIAN HERTZ
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Joel LockwoodJOEL LOCKWOOD
VICE PRESIDE
- Total calculated
- $0
- Hours/week
- 2
-
Ross PickertROSS PICKERT
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Rick PrestbyeRICK PRESTBYE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Christine RossiCHRISTINE ROSSI
PRESIDENT
- Total calculated
- $0
- Hours/week
- 20
-
Eric SchmidtERIC SCHMIDT
SECRETARY
- Total calculated
- $0
- Hours/week
- 1
-
Audra TasaAUDRA TASA
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Mary Jane WestermarkMARY JANE WESTERMARK
TREASURER
- Total calculated
- $0
- Hours/week
- 10
-
Katie WilliamsKATIE WILLIAMS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 14 January 2025
- IRS schema version
- 2023v6.0
- Source object
- 202540799349300434
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