Mountain Top Music Center
- Assets
- $3.5m
- Revenue
- $653.8k
- Investments
- $0.0
- Employees
- 22
- Location
- Conway, NH
- Founding
- 04/1997
- Data as of
- 06/2023
- EIN
- 02-0492280
Organization Overview
Mountain Top Music Center is located in Conway, NH. The organization was established in 1997. According to its NTEE Classification (A6B) the organization is classified as: Singing & Choral Groups, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 06/2023, Mountain Top Music Center employed 22 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mountain Top Music Center is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2023, Mountain Top Music Center generated $653.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (4.2%) each year. All expenses for the organization totaled $594.1k during the year ending 06/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO ENRICH LIVES AND BUILD COMMUNITY BY PROVIDING INSPIRING MUSIC EDUCATION AND BY OFFERING PERFORMANCE AND LISTENING OPPORTUNITIES THROUGHTOUT THE AREA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MUSIC EDUCATION, INCLUDING PERFORMANCE OPPORTUNITIES FOR INDIVIDUALS AND ENSEMBLES, AND MUSIC LISTENING OPPORTUNITES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jon Goodwin Trustee | Trustee | 2 | $0 |
Judy Kennedy Board Chair | Trustee | 2 | $0 |
Mona L'heureux Trustee | Trustee | 2 | $0 |
Dave Mason Treasurer | OfficerTrustee | 2 | $0 |
Beth Funicella Trustee | OfficerTrustee | 2 | $0 |
Laura Riggs-Mitchell Trustee | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $296,580 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $296,580 |
| Total Program Service Revenue | $287,612 |
| Investment income | $44 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $40,616 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $653,784 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $50,560 |
| Compensation of current officers, directors, key employees. | $9,000 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $200,770 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $19,456 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $7,787 |
| Fees for services: Accounting | $7,702 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $10,230 |
| Office expenses | $4,334 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $18,389 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $103,952 |
| Insurance | $13,957 |
| All other expenses | $24,100 |
| Total functional expenses | $594,074 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $265,965 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $26,000 |
| Accounts receivable, net | $13,813 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $4,695 |
| Prepaid expenses and deferred charges | $7,575 |
| Net Land, buildings, and equipment | $3,144,281 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $3,462,329 |
| Accounts payable and accrued expenses | $2,132 |
| Grants payable | $0 |
| Deferred revenue | $34,815 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $364,881 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $393 |
| Total liabilities | $402,221 |
| Net assets without donor restrictions | $3,012,710 |
| Net assets with donor restrictions | $47,398 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $3,462,329 |