Totals
- Total revenue
- $2,706,129
- Total expenses
- $601,005
- Contributions and grants received
- $1,595,566
- Grants paid
- $0
- Program service revenue
- $397,355
- Investment income
- $712,782
- Other revenue
- $426
- Total assets, end of year
- $7,317,445
- Total liabilities, end of year
- $43,209
- Net assets or fund balances, end of year
- $7,274,236
- Program services expenses (Part IX)
- $507,598
- Management and general expenses
- $65,386
- Fundraising expenses
- $28,021
- Program service expenses (Part III)
- $507,598
Program services were 84.5% 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.
-
1f · All other contributions, gifts and grants
$1,595,566
-
2a · Program service revenue: PRIVATE LESSONS
total $345,701 · related or exempt $345,701
-
2b · Program service revenue: SUMMER CAMP AND GROUP
total $32,302 · related or exempt $32,302
-
2c · Program service revenue: STUDENT LESSONS AND MATERIALS
total $14,824 · related or exempt $14,824
-
2d · Program service revenue: INSTRUMENT RENTALS
total $4,528 · related or exempt $4,528
-
3 · Investment income
total $75,847 · excluded $75,847
-
7a · Gross sales of assets other than inventory
other assets $750,000
-
7b · Less cost or other basis and sales expenses
other assets $113,065
-
7c · Gain or loss
other assets $636,935
-
7d · Net gain or loss
total $636,935 · related or exempt $636,935
-
10a · Gross sales of inventory
$426
-
10c · Net income from sales of inventory
total $426 · excluded $426
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $57,227 · program services $28,614 · management and general $14,306 · fundraising $14,307
-
7 · Other salaries and wages
total $325,962 · program services $309,664 · management and general $16,298
-
9 · Other employee benefits
total $17,350 · program services $15,614 · management and general $868 · fundraising $868
-
10 · Payroll taxes
total $35,522 · program services $31,359 · management and general $2,837 · fundraising $1,326
-
11b · Fees: legal
total $8,114 · management and general $8,114
-
11c · Fees: accounting
total $8,730 · management and general $8,730
-
11f · Fees: investment management
total $2,081 · management and general $2,081
-
13 · Office expenses
total $7,053 · program services $6,405 · management and general $324 · fundraising $324
-
16 · Occupancy
total $8,636 · program services $7,772 · management and general $432 · fundraising $432
-
19 · Conferences, conventions and meetings
total $3,390 · management and general $3,390
-
22 · Depreciation, depletion and amortization
total $44,345 · program services $39,909 · management and general $2,218 · fundraising $2,218
-
23 · Insurance
total $14,469 · program services $8,681 · management and general $5,788
-
24a · Other expenses: PROGRAM EXPENSES
total $38,983 · program services $38,983
-
24b · Other expenses: DUES
total $11,641 · program services $11,641
-
24c · Other expenses: BANK AND CC FEES
total $9,699 · program services $8,956 · fundraising $743
-
24d · Other expenses: BUILDING FUNDRAISING
total $5,293 · fundraising $5,293
-
24e · All other expenses
total $2,510 · fundraising $2,510
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $618,841 · end of year $10,031
-
2 · Savings and temporary cash investments
beginning of year $2,257,133 · end of year $969,090
-
3 · Pledges and grants receivable
beginning of year $471,400 · end of year $248,000
-
8 · Inventories for sale or use
beginning of year $2,034
-
10a · Land, buildings and equipment: cost or other basis
$6,006,716
-
10b · Land, buildings and equipment: accumulated depreciation
$96,362
-
10c · Land, buildings and equipment, net
beginning of year $1,669,391 · end of year $5,910,354
-
11 · Investments: publicly traded securities
beginning of year $162,063 · end of year $179,970
-
17 · Accounts payable and accrued expenses
beginning of year $2,091 · end of year $1,642
-
19 · Deferred revenue
beginning of year $36,397 · end of year $41,567
-
27 · Net assets without donor restrictions
beginning of year $5,142,374 · end of year $6,604,315
-
28 · Net assets with donor restrictions
end of year $669,921
Mission and programs · 2024
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. THIS PAST YEAR, NVMS COMPLETED THE NEW BUILDING AND MOVED IN.
Expenses $507,598 · Revenue $397,355
As filed on the 2024 return.
Listed in Part VII
-
Christine RossiCHRISTINE ROSSI
PRESIDENT
- Total calculated
- $0
- Hours/week
- 10
-
Joel LockwoodJOEL LOCKWOOD
VICE PRESIDE
- Total calculated
- $0
- Hours/week
- 1
-
Eric SchmidtERIC SCHMIDT
SECRETARY
- Total calculated
- $0
- Hours/week
- 1
-
Nancy ThompsonNANCY THOMPSON
TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
Mary Jane WestermarkMARY JANE WESTERMARK
TREASURER
- Total calculated
- $0
- Hours/week
- 5
-
Summer BoggessSUMMER BOGGESS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Brian HertzBRIAN HERTZ
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Ross PickertROSS PICKERT
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Rick PrestbyeRICK PRESTBYE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Audra TasaAUDRA TASA
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Katie WilliamsKATIE WILLIAMS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Yovita MeigsYOVITA MEIGS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Toby ScottTOBY SCOTT
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Samuel WelchSAMUEL WELCH
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Deidre CorsonDEIDRE CORSON
EXECUTIVE DI
- Total calculated
- $57,227
- From this org
- $53,627
- From related orgs
- $0
- Other
- $3,600
- Hours/week
- 40
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
- 2024
- Filed
- 13 March 2025
- IRS schema version
- 2024v5.0
- Source object
- 202600919349301915
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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