Civic Intelligence

Powers Music School Inc.

990 • Fiscal year 2023 • EIN 04-2580633

Sep 01, 2022 to Aug 31, 2023 • Filed on Jun 25, 2024

Organization Profilewww.powersmusic.org
PO Box 398 160 Lexington StreetBelmont, MA 02478

(617) 484-4696

Siviq Scores

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

Liabilities / Assets

87th percentile

0.60x

Higher debt load relative to assets than 87% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Liabilities / Revenue

89th percentile

1.10x

Higher debt load relative to revenue than 89% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Net Margin

51st percentile

4.4%

Higher net margin than 51% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Top Officer Pay

81st percentile

$140,079

Higher top officer pay than 81% of similar nonprofits.

Top officer pay equals 6.5% of source-year revenue.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Asset Growth

94th percentile

102%

Faster asset growth than 94% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Revenue Growth

64th percentile

17%

Faster revenue growth than 64% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets87th percentile

Assets

Up

$3,968,190

Up $2,005,266 (+102%) from 2022

Net Assets

Up

$1,602,298

Up $42,696 (+2.7%) from 2022

Liabilities

Up

$2,365,892

Up $1,962,570 (+487%) from 2022

Revenue And Expenses
Liabilities / Revenue89th percentileNet Margin51st percentile

Revenue

Up

$2,157,104

Up $317,755 (+17%) from 2022

Expenses

Up

$2,061,418

Up $336,258 (+19%) from 2022

Net Income

Down

$95,686

Down $18,503 (-16%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth94th 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

2023

Assets$3,968,190
Liabilities$2,365,892
Net Assets$1,602,298
Open 2023 Filing

Operations Trend

Revenue Growth64th 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

2023

Revenue$2,157,104
Expenses$2,061,418
Net Income$95,686
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Sep 1, 2022 to Aug 31, 2023
Signed
Jun 25, 2024
Return Version
2022v5.0
Gross Receipts
$2,679,638
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$1,565,815$1,366,252▼ $199,563
Cash and Non-Interest-Bearing Accounts$176,162$424,314▲ $248,152
Land, Buildings, and Equipment, Net$186,079$348,863▲ $162,784
Accounts Receivable$13,685$13,609▼ $76
Prepaid Expenses and Deferred Charges$7,691$8,022▲ $331
Savings and Temporary Cash Investments$3,604--
Pledges and Grants Receivable$7,368$2,368▼ $5,000
Total Assets$1,962,924$3,968,190▲ $2,005,266
Other Assets Total$2,520$1,804,762▲ $1,802,242
Liabilities
Other Liabilities$0$1,804,762▲ $1,804,762
Deferred Revenue$354,750$528,992▲ $174,242
Accounts Payable and Accrued Expenses$48,572$32,138▼ $16,434
Total Liabilities$403,322$2,365,892▲ $1,962,570
Net Assets / Fund Balance
Net Assets With Donor Restrictions$989,246$958,261▼ $30,985
Net Assets Without Donor Restrictions$570,356$644,037▲ $73,681
Total Net Assets Fund Balance$1,559,602$1,602,298▲ $42,696
Total Liabilities and Net Assets / Fund Balance$1,962,924$3,968,190▲ $2,005,266

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$117,969$206,717$324,686
Leasehold Improvements$221,481$20,649$242,130
Other Land Buildings$9,413$21,962$31,375
Other Assets Org$1,804,762--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2022$1,569,418-▲ $132,124$89,735$1,611,807
2021$1,770,150-▼ $170,732$-30,000$1,569,418
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
Compensation and Service Providers
Top Officer Pay81st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Gavin FarrellExecutive DirectorFT$136,000$4,079$140,079
Sarah FreibergDirector/teacher-$19,188-$19,188

Board Members and Trustees

NameTitle
Evan LoudenPresident and Director
Christopher WrightDirector/vice-president
Amy CraftsDirector
Caroline HuangDirector
Elaine DimopoulosDirector
Ernest SabineDirector
Joseph RofineDirector
Laura BarnesDirector
Shannah Hall FrankamDirector
Steve CohenDirector
Wenjie HuTreasurer and Director
Karen GutSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$389,646
Program Service Revenue
$1,582,344
Investment Income
$185,114
Other Revenue
$0
All Other Contributions
$389,646
Change in Net Assets
$95,686

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,157,104
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$-52,990
Total Revenue per Audited Statements
$2,104,114
Total Revenue per Form 990
$2,157,104
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,393,363
Other Expenses$668,055
Total Fundraising Expense$99,909
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$900,593$196,420$29,500$1,126,513
Occupancy$236,908$39,050-$275,958
Current Officers, Directors, Trustees, and Key Employees$54,400$27,200$54,400$136,000
Payroll Taxes$77,231$21,367$6,430$105,028
Office Expenses-$41,711-$41,711
Other Expenses$33,898$34,287-$33,898
Depreciation Depletion$26,735$6,275-$33,010
Other Employee Benefits$10,546$11,491$3,785$25,822
Fees for Services Other$15,851$8,360-$24,211
Insurance-$21,514-$21,514
Fees for Services Accounting-$18,500-$18,500
All Other Expenses$2,521$9,668$5,794$17,983
Advertising$9,592--$9,592
Fees for Services Legal-$6,210-$6,210
Total Functional Expenses$1,442,263$519,246$99,909$2,061,418

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$2,061,418
Total Expenses per Audited Statements$2,061,418
Total Expenses per Form 990$2,061,418
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Long-term Lease Obligations$1,648,465
Short-term Lease Obligations$156,297
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 398 160 LEXINGTON STREET, BELMONT, MA 02478

Signing Officer

Name
Evan Louden
Title
President
Phone
6174844696
Signed
2024-06-25
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Evan Louden
Formed
1975
Legal Domicile
Ma
Voting Board Members
13
Independent Board Members
13
Employees
93
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”

Part XII, Line 2D - Other Adjustments:

“ROUNDING”

Raw XML AppendixShowing 400 of 523 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/Desc0MUSIC INSTRUCTION FOR ALL AGES INCLUDING THREE SUMMER DAY PROGRAMS. DURING THE YEAR, APPROXIMATELY 900 STUDENTS RECEIVED INSTRUCTION.
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IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt0666038
IRS990/GrossReceiptsAmt02679638
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt013
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt021514
IRS990/InsuranceGrp/TotalAmt021514
IRS990/InvestmentIncomeGrp/ExclusionAmt041610
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt041610
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt01565815
IRS990/InvestmentsPubTradedSecGrp/EOYAmt01366252
IRS990/IRPDocumentCnt018
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0249328
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0186079
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0348863
IRS990/LandBldgEquipCostOrOtherBssAmt0598191
IRS990/LegalDomicileStateCd0MA
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt0522534
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
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/NetAssetsOrFundBalancesBOYAmt01559602
IRS990/NetAssetsOrFundBalancesEOYAmt01602298
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0143504
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0143504
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0-52990
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0570356
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0644037
IRS990/NoncashContributionsAmt018790
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt039050
IRS990/OccupancyGrp/ProgramServicesAmt0236908
IRS990/OccupancyGrp/TotalAmt0275958
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt041711
IRS990/OfficeExpensesGrp/TotalAmt041711
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt02520
IRS990/OtherAssetsTotalGrp/EOYAmt01804762
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt03785
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt011491
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt010546
IRS990/OtherEmployeeBenefitsGrp/TotalAmt025822
IRS990/OtherExpensesGrp/Desc0MOVING AND LOSS ON F/A
IRS990/OtherExpensesGrp/Desc1FINANCIAL AID, SCHOLARS
IRS990/OtherExpensesGrp/Desc2CREDIT CARD FEES
IRS990/OtherExpensesGrp/Desc3PROGRAM EXPENSES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt077193
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt134287
IRS990/OtherExpensesGrp/ProgramServicesAmt073988
IRS990/OtherExpensesGrp/ProgramServicesAmt133898
IRS990/OtherExpensesGrp/TotalAmt077193
IRS990/OtherExpensesGrp/TotalAmt173988
IRS990/OtherExpensesGrp/TotalAmt234287
IRS990/OtherExpensesGrp/TotalAmt333898
IRS990/OtherLiabilitiesGrp/BOYAmt00
IRS990/OtherLiabilitiesGrp/EOYAmt01804762
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt029500
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0196420
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0900593
IRS990/OtherSalariesAndWagesGrp/TotalAmt01126513
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt06430
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt021367
IRS990/PayrollTaxesGrp/ProgramServicesAmt077231
IRS990/PayrollTaxesGrp/TotalAmt0105028
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt07368
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt02368
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt07691
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt08022
IRS990/PrincipalOfficerNm0EVAN LOUDEN
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611600
IRS990/ProgramServiceRevenueGrp/BusinessCd1611600
IRS990/ProgramServiceRevenueGrp/BusinessCd2611600
IRS990/ProgramServiceRevenueGrp/Desc0TUITION AND FEES
IRS990/ProgramServiceRevenueGrp/Desc1COMMUNITY OUTREACH
IRS990/ProgramServiceRevenueGrp/Desc2OTHER INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01577819
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt14400
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2125
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01577819
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt14400
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2125
IRS990/ProgSrvcAccomActy2Grp/Desc0COMMUNITY ACTIVITIES AND EVENTS, INCLUDING CONCERTS, RECITALS, AND WORKSHOPS AND OPEN READINGS.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt011713
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt04400
IRS990/ProgSrvcAccomActy3Grp/Desc0OTHER INCOME FROM PROGRAM RELATED SOURCES
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt0125
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0340951
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt089680
IRS990/PYOtherExpensesAmt0503889
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt01408718
IRS990/PYRevenuesLessExpensesAmt0114189
IRS990/PYSalariesCompEmpBnftPaidAmt01221271
IRS990/PYTotalExpensesAmt01725160
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01839349
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt095686
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt01577819
IRS990/SavingsAndTempCashInvstGrp/BOYAmt03604
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/BoardDesignatedBalanceEOYPct00.40000
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt01569418
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt01611807
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt0132124
IRS990ScheduleD/CYEndwmtFundGrp/OtherExpendituresAmt089735
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt01770150
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt01569418
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-170732
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/OtherExpendituresAmt0-30000
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt01490829
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt01770150
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0279321
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt01466134
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt01490829
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0163185
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/OtherExpendituresAmt0138490
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt01532090
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt01466134
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt054044
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/OtherExpendituresAmt0120000
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd00
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd00
IRS990ScheduleD/EquipmentGrp/BookValueAmt0117969
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0206717
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0324686
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt02061418
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0221481
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt020649
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0242130
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0-52990
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt01804762
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0OPERATING LEASES - RIGHT OF USE ASSETS
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt09413
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt021962
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt031375
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0156297
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt11648465
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0SHORT-TERM LEASE OBLIGATIONS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1LONG-TERM LEASE OBLIGATIONS
IRS990ScheduleD/PrmnntEndowmentBalanceEOYPct00.19000
IRS990ScheduleD/RevenueNotReportedAmt0-52990
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt02157104
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0FINANCIAL AID, VARIOUS MUSIC PROGRAMS, AND OPERATIONS
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1ROUNDING
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part V, Line 4:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1Part XII, Line 2d - Other Adjustments:
IRS990ScheduleD/TermEndowmentBalanceEOYPct00.41000

Document Assets

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Filings

Displayed year

2023 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$3,968,190
Liabilities
$2,365,892
Net assets
$1,602,298
Revenue
$2,157,104
Expenses
$2,061,418
Net income
$95,686
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