Civic Intelligence

Powers Music School Inc.

990 • Fiscal year 2021 • EIN 04-2580633

Sep 01, 2020 to Aug 31, 2021 • Filed on Mar 01, 2022

Organization Profilewww.powersmusic.org
PO Box 398 396 Concord AvenueBelmont, MA 02478

(617) 484-4696

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

72nd percentile

0.26x

Higher debt load relative to assets than 72% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Liabilities / Revenue

75th percentile

0.37x

Higher debt load relative to revenue than 75% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Net Margin

33rd percentile

3.7%

Higher net margin than 33% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Top Officer Pay

79th percentile

$125,714

Higher top officer pay than 79% of similar nonprofits.

Top officer pay equals 7.6% of source-year revenue.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Asset Growth

61st percentile

15%

Faster asset growth than 61% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Revenue Growth

29th percentile

-1.7%

Faster revenue growth than 29% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets72nd percentile

Assets

Up

$2,311,881

Up $303,435 (+15%) from 2020

Net Assets

Up

$1,705,827

Up $266,073 (+18%) from 2020

Liabilities

Up

$606,054

Up $37,362 (+6.6%) from 2020

Revenue And Expenses
Liabilities / Revenue75th percentileNet Margin33rd percentile

Revenue

Down

$1,651,220

Down $28,444 (-1.7%) from 2020

Expenses

Down

$1,589,670

Down $133,227 (-7.7%) from 2020

Net Income

Up

$61,550

Up $104,783 (+242%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth61st percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$6.0M$4.0M$2.0M$0Assets 2010: $1,310,399Liabilities 2010: $322,448Net Assets 2010: $987,9512010Assets 2011: $1,472,765Liabilities 2011: $367,970Net Assets 2011: $1,104,7952011Assets 2012: $1,499,282Liabilities 2012: $289,719Net Assets 2012: $1,209,5632012Assets 2013: $1,587,447Liabilities 2013: $317,165Net Assets 2013: $1,270,2822013Assets 2014: $1,949,112Liabilities 2014: $378,396Net Assets 2014: $1,570,7162014Assets 2015: $1,843,430Liabilities 2015: $323,259Net Assets 2015: $1,520,1712015Assets 2016: $2,003,325Liabilities 2016: $413,514Net Assets 2016: $1,589,8112016Assets 2017: $2,010,821Liabilities 2017: $461,814Net Assets 2017: $1,549,0072017Assets 2018: $1,864,191Liabilities 2018: $364,999Net Assets 2018: $1,499,1922018Assets 2019: $1,773,334Liabilities 2019: $390,931Net Assets 2019: $1,382,4032019Assets 2020: $2,008,446Liabilities 2020: $568,692Net Assets 2020: $1,439,7542020Assets 2021: $2,311,881Liabilities 2021: $606,054Net Assets 2021: $1,705,8272021Assets 2022: $1,962,924Liabilities 2022: $403,322Net Assets 2022: $1,559,6022022Assets 2023: $3,968,190Liabilities 2023: $2,365,892Net Assets 2023: $1,602,2982023Assets 2024: $4,231,747Liabilities 2024: $2,245,799Net Assets 2024: $1,985,9482024

Highlighted filing

2021

Assets$2,311,881
Liabilities$606,054
Net Assets$1,705,827
Open 2021 Filing

Operations Trend

Revenue Growth29th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2010: $1,197,9492010Expenses 2011: $1,160,4522011Expenses 2012: $1,230,9322012Revenue 2013: $1,218,970Expenses 2013: $1,175,858Net Income 2013: $43,1122013Revenue 2014: $1,554,406Expenses 2014: $1,393,181Net Income 2014: $161,2252014Revenue 2015: $1,484,847Expenses 2015: $1,462,070Net Income 2015: $22,7772015Revenue 2016: $1,472,241Expenses 2016: $1,462,763Net Income 2016: $9,4782016Revenue 2017: $1,517,975Expenses 2017: $1,609,431Net Income 2017: -$91,4562017Revenue 2018: $1,613,117Expenses 2018: $1,645,853Net Income 2018: -$32,7362018Revenue 2019: $1,576,593Expenses 2019: $1,695,179Net Income 2019: -$118,5862019Revenue 2020: $1,679,664Expenses 2020: $1,722,897Net Income 2020: -$43,2332020Revenue 2021: $1,651,220Expenses 2021: $1,589,670Net Income 2021: $61,5502021Revenue 2022: $1,839,349Expenses 2022: $1,725,160Net Income 2022: $114,1892022Revenue 2023: $2,157,104Expenses 2023: $2,061,418Net Income 2023: $95,6862023Revenue 2024: $2,399,970Expenses 2024: $2,171,958Net Income 2024: $228,0122024

Highlighted filing

2021

Revenue$1,651,220
Expenses$1,589,670
Net Income$61,550
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Sep 1, 2020 to Aug 31, 2021
Signed
Mar 1, 2022
Return Version
2020v4.2
Gross Receipts
$1,727,170
Mission and Program Overview

Mission

To provide members of the community

To provide members of the community and students of all ages with access to the highest caliber of music education and instruction program that foster a lifelong appreciation of music.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$1,490,829$1,770,151▲ $279,322
Cash and Non-Interest-Bearing Accounts$293,072$304,684▲ $11,612
Land, Buildings, and Equipment, Net$193,962$195,589▲ $1,627
Pledges and Grants Receivable$19,334$21,878▲ $2,544
Accounts Receivable$1,770$9,959▲ $8,189
Prepaid Expenses and Deferred Charges$6,959$7,100▲ $141
Total Assets$2,008,446$2,311,881▲ $303,435
Other Assets Total$2,520$2,520→ $0
Liabilities
Deferred Revenue$279,356$308,572▲ $29,216
Unsecured Notes Loans Payable$250,000$250,000→ $0
Accounts Payable and Accrued Expenses$39,336$47,482▲ $8,146
Total Liabilities$568,692$606,054▲ $37,362
Net Assets / Fund Balance
Net Assets With Donor Restrictions$1,003,458$1,049,994▲ $46,536
Net Assets Without Donor Restrictions$436,296$655,833▲ $219,537
Total Net Assets Fund Balance$1,439,754$1,705,827▲ $266,073
Total Liabilities and Net Assets / Fund Balance$2,008,446$2,311,881▲ $303,435

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$118,916$213,386$332,302
Leasehold Improvements$54,710$173,647$228,357
Other Land Buildings$21,963$9,412$31,375

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2020$1,490,829-▲ $279,321-$1,770,150
2019$1,466,134-▲ $163,185$138,490$1,490,829
2018$1,532,090-▲ $54,044$120,000$1,466,134
2017$1,474,204$100,000▲ $107,886$150,000$1,532,090
2016$1,471,855$3,702▲ $145,332$146,685$1,474,204
Compensation and Service Providers
Top Officer Pay79th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Gavin FarrellExecutive DirectorFT$121,510$4,204$125,714
Sarah Freiberg EllisonDirector/teacher-$14,169-$14,169

Board Members and Trustees

NameTitle
Ernest SabinePresident/director
Anjali KumarDirector
Christopher WrightDirector
Julie Holland MortimerDirector
Karen GutDirector
Robert HalsteadDirector
Shan-lee LiuDirector
Shannah Hall FranckumDirector
Steve CohenDirector
Susan PolitSecretary and Director
Wenjie HuTreasurer and Director
Revenue and Support

Revenue Composition

Contributions and Grants
$81,931
Program Service Revenue
$1,244,485
Investment Income
$74,804
Other Revenue
$250,000
All Other Contributions
$81,931
Change in Net Assets
$61,550

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,651,220
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$204,523
Total Revenue per Audited Statements
$1,855,743
Total Revenue per Form 990
$1,651,220
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,147,742
Other Expenses$441,928
Total Fundraising Expense$69,520
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$728,209$168,863$7,788$904,860
Occupancy$152,290$38,519-$190,809
Current Officers, Directors, Trustees, and Key Employees$50,200$25,100$50,200$125,500
Payroll Taxes$61,884$36,856$5,276$104,016
Office Expenses-$38,198-$38,198
Insurance-$20,717-$20,717
Fees for Services Other$11,420$7,804-$19,224
Depreciation Depletion$10,372$7,152-$17,524
Fees for Services Accounting-$16,000-$16,000
Other Employee Benefits$1,682$9,248$2,436$13,366
Other Expenses$13,314$6,692$3,820$13,314
Advertising$12,223--$12,223
Total Functional Expenses$1,121,320$398,830$69,520$1,589,670

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,589,670
Total Expenses per Audited Statements$1,589,670
Total Expenses per Form 990$1,589,670
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, line 11B

“The school provides copies of form 990 in pdf format to all board members prior to filing form 990 with the irs.”

Form 990, Part VI, Section B, line 12C

“The board of directors annually reviews the conflict of interest policy and its members' compliance with the policy.”

Form 990, Part VI, Section C, line 18

“Financial statements and tax returns are available on the mass. Attorney general's website.”

Form 990, Part VI, Section C, line 19

“Governing documents, conflict of interest policy, and financial statements are available upon request at the school's offices.”

Filing and Contact Details

Filer

Filer Name
Powers Music School Inc
EIN
04-2580633
Phone
6174844696
Address
PO BOX 398 396 CONCORD AVENUE, BELMONT, MA 02478

Signing Officer

Name
Ernest Sabine
Title
President
Phone
6174844696
Signed
2022-03-01
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Ernest Sabine
Formed
1975
Legal Domicile
Ma
Voting Board Members
12
Independent Board Members
12
Employees
86
Volunteers
0

Preparer

Firm
Koundakjian & Co PC CPA's
Address
9 Meriam St Suite 2, Lexington, MA 02420-5312
Preparer
Donald K Koundakjian
Phone
7818611170
Supplemental Narrative

Financial Statement Notes

Part V, Line 4:

“Financial aid, various music programs, and operations”

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IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO PROVIDE MEMBERS OF THE COMMUNITY AND STUDENTS OF ALL AGES WITH ACCESS TO THE HIGHEST CALIBER OF MUSIC EDUCATION AND INSTRUCTION PROGRAMS THAT FOSTER A LIFELONG APPRECIATION OF MUSIC.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt01439754
IRS990/NetAssetsOrFundBalancesEOYAmt01705827
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt039231
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt039231
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0204523
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0436296
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0655833
IRS990/NoncashContributionsAmt0940
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt038519
IRS990/OccupancyGrp/ProgramServicesAmt0152290
IRS990/OccupancyGrp/TotalAmt0190809
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt038198
IRS990/OfficeExpensesGrp/TotalAmt038198
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt02520
IRS990/OtherAssetsTotalGrp/EOYAmt02520
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt02436
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt09248
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt01682
IRS990/OtherEmployeeBenefitsGrp/TotalAmt013366
IRS990/OtherExpensesGrp/Desc0FINANCIAL AID, SCHOLARS
IRS990/OtherExpensesGrp/Desc1CREDIT CARD FEES
IRS990/OtherExpensesGrp/Desc2MISCELLANEOUS EXPENSES
IRS990/OtherExpensesGrp/Desc3PROGRAM EXPENSES
IRS990/OtherExpensesGrp/FundraisingAmt03820
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt023681
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt16692
IRS990/OtherExpensesGrp/ProgramServicesAmt076454
IRS990/OtherExpensesGrp/ProgramServicesAmt13272
IRS990/OtherExpensesGrp/ProgramServicesAmt213314
IRS990/OtherExpensesGrp/TotalAmt076454
IRS990/OtherExpensesGrp/TotalAmt123681
IRS990/OtherExpensesGrp/TotalAmt213784
IRS990/OtherExpensesGrp/TotalAmt313314
IRS990/OtherRevenueMiscGrp/BusinessCd0611600
IRS990/OtherRevenueMiscGrp/Desc0FORGIVENESS OF DEBT
IRS990/OtherRevenueMiscGrp/ExclusionAmt0250000
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0250000
IRS990/OtherRevenueTotalAmt0250000
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt07788
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0168863
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0728209
IRS990/OtherSalariesAndWagesGrp/TotalAmt0904860
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt05276
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt036856
IRS990/PayrollTaxesGrp/ProgramServicesAmt061884
IRS990/PayrollTaxesGrp/TotalAmt0104016
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt019334
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt021878
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt06959
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt07100
IRS990/PrincipalOfficerNm0ERNEST SABINE
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611600
IRS990/ProgramServiceRevenueGrp/BusinessCd1611600
IRS990/ProgramServiceRevenueGrp/BusinessCd2611600
IRS990/ProgramServiceRevenueGrp/Desc0TUITION AND FEES
IRS990/ProgramServiceRevenueGrp/Desc1OTHER INCOME
IRS990/ProgramServiceRevenueGrp/Desc2COMMUNITY OUTREACH
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01241915
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt11410
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt21160
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01241915
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt11410
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt21160
IRS990/ProgSrvcAccomActy2Grp/Desc0COMMUNITY ACTIVITIES AND EVENTS, INCLUDING CONCERTS, RECITALS, AND WORKSHOPS AND OPEN READINGS.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt019823
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt01160
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0134313
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt062601
IRS990/PYOtherExpensesAmt0437925
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt01482750
IRS990/PYRevenuesLessExpensesAmt0-43233
IRS990/PYSalariesCompEmpBnftPaidAmt01284972
IRS990/PYTotalExpensesAmt01722897
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01679664
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt061550
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt01243325
IRS990ScheduleA/SchoolInd0X
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BoardDesignatedBalanceEOYPct00.41920
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt01490829
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt01770150
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt0279321
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt01466134
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt01490829
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0163185
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/OtherExpendituresAmt0138490
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt01532090
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt01466134
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt054044
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/OtherExpendituresAmt0120000
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt01474204
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/ContributionsAmt0100000
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt01532090
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0107886
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/OtherExpendituresAmt0150000
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt01471855
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/ContributionsAmt03702
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt01474204
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0145332
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/OtherExpendituresAmt0146685
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd00
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd00
IRS990ScheduleD/EquipmentGrp/BookValueAmt0118916
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0213386
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0332302
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt01589670
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt054710
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0173647
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0228357
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0204523
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt021963
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt09412
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt031375
IRS990ScheduleD/PrmnntEndowmentBalanceEOYPct00.16880
IRS990ScheduleD/RevenueNotReportedAmt0204523
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt01651220
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0FINANCIAL AID, VARIOUS MUSIC PROGRAMS, AND OPERATIONS
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part V, Line 4:
IRS990ScheduleD/TermEndowmentBalanceEOYPct00.41200
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0195589
IRS990ScheduleD/TotalExpensesPerForm990Amt01589670
IRS990ScheduleD/TotalRevenuePerForm990Amt01651220
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01855743
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01589670
IRS990ScheduleE/ComplianceWithRevProc7550Ind01
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd00
IRS990ScheduleE/DiscriminateRaceAthltProgInd00
IRS990ScheduleE/DiscriminateRaceEducPlcyInd00
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd00
IRS990ScheduleE/DiscriminateRaceOtherActyInd00
IRS990ScheduleE/DiscriminateRaceSchsInd00
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd00
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd00
IRS990ScheduleE/GovernmentFinancialAidRcvdInd00
IRS990ScheduleE/GovernmentFinancialAidRvkdInd00
IRS990ScheduleE/MaintainCpyOfAllSolInd01
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd01

Document Assets

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Filings

Displayed year

2021 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$2,311,881
Liabilities
$606,054
Net assets
$1,705,827
Revenue
$1,651,220
Expenses
$1,589,670
Net income
$61,550
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$4.23$2.25$1.99$2.40$2.17$0.23
2023Detailed filing. Detailed filing data is available for this year.$3.97$2.37$1.60$2.16$2.06$0.10
2022Detailed filing. Detailed filing data is available for this year.$1.96$0.40$1.56$1.84$1.73$0.11
2021Detailed filing. Detailed filing data is available for this year.$2.31$0.61$1.71$1.65$1.59$0.06
2020Detailed filing. Detailed filing data is available for this year.$2.01$0.57$1.44$1.68$1.72$0.04
2019Summary only. Only limited summary data is available for this year.$1.77$0.39$1.38$1.58$1.70$0.12
2018Summary only. Only limited summary data is available for this year.$1.86$0.36$1.50$1.61$1.65$0.03
2017Summary only. Only limited summary data is available for this year.$2.01$0.46$1.55$1.52$1.61$0.09
2016Detailed filing. Detailed filing data is available for this year.$2.00$0.41$1.59$1.47$1.46$0.01
2015Detailed filing. Detailed filing data is available for this year.$1.84$0.32$1.52$1.48$1.46$0.02
2014Detailed filing. Detailed filing data is available for this year.$1.95$0.38$1.57$1.55$1.39$0.16
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.59$0.32$1.27$1.22$1.18$0.04
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.50$0.29$1.21$1.23
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.47$0.37$1.10$1.16
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.31$0.32$0.99$1.20