Institute Of Music For Children Inc is located in Elizabeth, NJ. The organization was established in 2004. According to its NTEE Classification (A68) the organization is classified as: Music, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2021, Institute Of Music For Children Inc employed 77 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Institute Of Music For Children Inc 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 09/2022, Institute Of Music For Children Inc generated $1.3m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.9% each year. All expenses for the organization totaled $1.1m during the year ending 09/2022. While expenses have increased by 8.2% per year over the past 7 years. They've been increasing with an increasing level of total revenue. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO ENGAGE CHILDREN AND YOUTH IN ARTISTIC EXPRESSION AND THE CREATIVE PROCESS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GUIDED BY ITS VISION OF H.A.R.M.O.N.Y. - HELPING ACHIEVE RESPONSIBLE, MOTIVATED, OPTIMISTIC, NEIGHBORHOOD YOUTH - THE INSTITUTE IS BUILDING A COMMUNITY OF HIGH-ACHIEVING CITIZENS WHO ARE ARTS LOVERS AND ARTS MAKERS THROUGH PROFESSIONAL INSTRUCTION, MENTORSHIP, AND FAMILY ENGAGEMENT. THE INSTITUTE OF MUSIC FOR CHILDREN, A COMMUNITY-CENTERED, ARTS-BASED YOUTH DEVELOPMENT ORGANIZATION, ENGAGES CHILDREN AND YOUTH IN ARTISTIC EXPRESSION AND THE CREATIVE PROCESS. OVER 1,000 YOUTH ANNUALLY ARE PROVIDED ECONOMICALLY ACCESSIBLE, HIGH-QUALITY ARTS TRAINING IN AN INSPIRING AND NURTURING ENVIRONMENT. GUIDED BY THE BELIEF THAT ALL CHILDREN DESERVE ACCESS TO THE BENEFITS OF THE ARTS, NO STUDENT IS EVER TURNED AWAY BASED ON FINANCIAL NEED. CORE PROGRAMS ARTS EDUCATION SERVICES OFFERED: 1.AFTERSCHOOL INSTITUTE: OFFERS 24-WEEK SESSIONS OF PRIVATE AND GROUP INSTRUCTION FOR 350 STUDENTS (8850+ TOTAL SERVICE HOURS) FROM OCTOBER- MAY; WEEKLY ONE-HOUR CLASSES IN: - INSTRUMENTAL MUSIC (PIANO, DRUMS, GUITAR, HARP, VIOLIN, BRASS, WIND, HORNS) - PERFORMING ARTS (HIP-HOP, , MODERN,, BREAKDANCE, VOICE, MUSICAL THEATER) - RELATED ARTS (CULINARY ART, VISUAL ART, CREATIVE WRITING, ELECTRONIC MUSIC PRODUCTION, VIDEO PRODUCTION) 2.SUMMER INSTITUTE: PROVIDES AN INTENSIVE ARTS PROGRAM THAT INSTRUCTS 225 YOUTH (AGES 5-16) IN A VARIETY OF ARTISTIC FORMS FOR 7.5 HOURS DAILY, 5 DAYS A WEEK, FOR 5 WEEKS IN JULY AND AUGUST. (35,000+ TOTAL SERVICE HOURS ANNUALLY) IN ADDITION TO OFFERING MOST OF THE SAME CLASSES OFFERED AS PART OF THE AFTERSCHOOL INSTITUTE (ABOVE), ADDITIONAL SUMMERTIME OFFERINGS INCLUDE: - PUBLIC SPEAKING, CREATIVE WRITING, TAIKO DRUMMING, CAJON DRUMMING, RECORDING ARTIST, YOGA, MEDITATION, KIDSTEEM, JUNKYARD BAND AND CAPOEIRA 3.YOUTH LEADERSHIP INSTITUTE: (7,000 TOTAL SERVICE HOURS) TRAINS AND HIRES 25-35 TEENS AND YOUNG ADULTS AS CLASSROOM AND OFFICE ASSISTANTS, AND OFFERS FINANCIAL, EMPLOYMENT TRAINING AND ACCESS COLLEGE PREPARATORY WORKSHOPS AND COLLEGE SCHOLARSHIPS. 4.FRIDAY NIGHT TEEN ARTS PROGRAM: GATHERS 65+ TEENS FROM 4:45PM TO 9:30PM EACH FRIDAY FOR A PEER DISCUSSION GROUP, TWO 1.5-HOUR ARTS CLASSES (PIANO, GUITAR, ACTING, SINGING, ELECTRONIC MUSIC, BAND, PERFORMANCE CHOIR AND DANCE), A SHARED MEAL, AND THEY END THE NIGHT WITH GAME TIME - GROUP GAMES THAT HAVE THEM WORKING IN GROUPS, LAUGHING AND ENJOYING TIME TOGETHER. 5.COMMUNITY INSTITUTE: (11,500 TOTAL SERVICE HOURS) TEAMS WITH LOCAL ORGANIZATIONS, CHURCHES, AND SCHOOLS TO BRING ITS QUALITY ARTS PROGRAMMING TO 425 ADDITIONAL STUDENTS ACROSS DIFFERENT COMMUNITIES, MANY OF WHICH ARE SEVERELY AT-RISK AT 6-10 SITES ANNUALLY.
GUIDED BY ITS VISION OF H.A.R.M.O.N.Y. - HELPING ACHIEVE RESPONSIBLE, MOTIVATED, OPTIMISTIC, NEIGHBORHOOD YOUTH - THE INSTITUTE IS BUILDING A COMMUNITY OF HIGH-ACHIEVING CITIZENS WHO ARE ARTS LOVERS AND ARTS MAKERS THROUGH PROFESSIONAL INSTRUCTION, MENTORSHIP, AND FAMILY ENGAGEMENT. THE INSTITUTE OF MUSIC FOR CHILDREN, A COMMUNITY-CENTERED, ARTS-BASED YOUTH DEVELOPMENT ORGANIZATION, ENGAGES CHILDREN AND YOUTH IN ARTISTIC EXPRESSION AND THE CREATIVE PROCESS. OVER 1,000 YOUTH ANNUALLY ARE PROVIDED ECONOMICALLY ACCESSIBLE, HIGH-QUALITY ARTS TRAINING IN AN INSPIRING AND NURTURING ENVIRONMENT. GUIDED BY THE BELIEF THAT ALL CHILDREN DESERVE ACCESS TO THE BENEFITS OF THE ARTS, NO STUDENT IS EVER TURNED AWAY BASED ON FINANCIAL NEED. CORE PROGRAMS ARTS EDUCATION SERVICES OFFERED: 1.AFTERSCHOOL INSTITUTE: OFFERS 24-WEEK SESSIONS OF PRIVATE AND GROUP INSTRUCTION FOR 350 STUDENTS (8850+ TOTAL SERVICE HOURS) FROM OCTOBER- MAY; WEEKLY ONE-HOUR CLASSES IN: - INSTRUMENTAL MUSIC (PIANO, DRUMS, GUITAR, HARP, VIOLIN, BRASS, WIND, HORNS) - PERFORMING ARTS (HIP-HOP, , MODERN,, BREAKDANCE, VOICE, MUSICAL THEATER) - RELATED ARTS (CULINARY ART, VISUAL ART, CREATIVE WRITING, ELECTRONIC MUSIC PRODUCTION, VIDEO PRODUCTION) 2.SUMMER INSTITUTE: PROVIDES AN INTENSIVE ARTS PROGRAM THAT INSTRUCTS 225 YOUTH (AGES 5-16) IN A VARIETY OF ARTISTIC FORMS FOR 7.5 HOURS DAILY, 5 DAYS A WEEK, FOR 5 WEEKS IN JULY AND AUGUST. (35,000+ TOTAL SERVICE HOURS ANNUALLY) IN ADDITION TO OFFERING MOST OF THE SAME CLASSES OFFERED AS PART OF THE AFTERSCHOOL INSTITUTE (ABOVE), ADDITIONAL SUMMERTIME OFFERINGS INCLUDE: - PUBLIC SPEAKING, CREATIVE WRITING, TAIKO DRUMMING, CAJON DRUMMING, RECORDING ARTIST, YOGA, MEDITATION, KIDSTEEM, JUNKYARD BAND AND CAPOEIRA 3.YOUTH LEADERSHIP INSTITUTE: (7,000 TOTAL SERVICE HOURS) TRAINS AND HIRES 25-35 TEENS AND YOUNG ADULTS AS CLASSROOM AND OFFICE ASSISTANTS, AND OFFERS FINANCIAL, EMPLOYMENT TRAINING AND ACCESS COLLEGE PREPARATORY WORKSHOPS AND COLLEGE SCHOLARSHIPS. 4.FRIDAY NIGHT TEEN ARTS PROGRAM: GATHERS 65+ TEENS FROM 4:45PM TO 9:30PM EACH FRIDAY FOR A PEER DISCUSSION GROUP, TWO 1.5-HOUR ARTS CLASSES (PIANO, GUITAR, ACTING, SINGING, ELECTRONIC MUSIC, BAND, PERFORMANCE CHOIR AND DANCE), A SHARED MEAL, AND THEY END THE NIGHT WITH GAME TIME - GROUP GAMES THAT HAVE THEM WORKING IN GROUPS, LAUGHING AND ENJOYING TIME TOGETHER. 5.COMMUNITY INSTITUTE: (11,500 TOTAL SERVICE HOURS) TEAMS WITH LOCAL ORGANIZATIONS, CHURCHES, AND SCHOOLS TO BRING ITS QUALITY ARTS PROGRAMMING TO 425 ADDITIONAL STUDENTS ACROSS DIFFERENT COMMUNITIES, MANY OF WHICH ARE SEVERELY AT-RISK AT 6-10 SITES ANNUALLY.
GUIDED BY ITS VISION OF H.A.R.M.O.N.Y. - HELPING ACHIEVE RESPONSIBLE, MOTIVATED, OPTIMISTIC, NEIGHBORHOOD YOUTH - THE INSTITUTE IS BUILDING A COMMUNITY OF HIGH-ACHIEVING CITIZENS WHO ARE ARTS LOVERS AND ARTS MAKERS THROUGH PROFESSIONAL INSTRUCTION, MENTORSHIP, AND FAMILY ENGAGEMENT. THE INSTITUTE OF MUSIC FOR CHILDREN, A COMMUNITY-CENTERED, ARTS-BASED YOUTH DEVELOPMENT ORGANIZATION, ENGAGES CHILDREN AND YOUTH IN ARTISTIC EXPRESSION AND THE CREATIVE PROCESS. OVER 1,000 YOUTH ANNUALLY ARE PROVIDED ECONOMICALLY ACCESSIBLE, HIGH-QUALITY ARTS TRAINING IN AN INSPIRING AND NURTURING ENVIRONMENT. GUIDED BY THE BELIEF THAT ALL CHILDREN DESERVE ACCESS TO THE BENEFITS OF THE ARTS, NO STUDENT IS EVER TURNED AWAY BASED ON FINANCIAL NEED. CORE PROGRAMS ARTS EDUCATION SERVICES OFFERED: 1.AFTERSCHOOL INSTITUTE: OFFERS 24-WEEK SESSIONS OF PRIVATE AND GROUP INSTRUCTION FOR 350 STUDENTS (8850+ TOTAL SERVICE HOURS) FROM OCTOBER- MAY; WEEKLY ONE-HOUR CLASSES IN: - INSTRUMENTAL MUSIC (PIANO, DRUMS, GUITAR, HARP, VIOLIN, BRASS, WIND, HORNS) - PERFORMING ARTS (HIP-HOP, , MODERN,, BREAKDANCE, VOICE, MUSICAL THEATER) - RELATED ARTS (CULINARY ART, VISUAL ART, CREATIVE WRITING, ELECTRONIC MUSIC PRODUCTION, VIDEO PRODUCTION) 2.SUMMER INSTITUTE: PROVIDES AN INTENSIVE ARTS PROGRAM THAT INSTRUCTS 225 YOUTH (AGES 5-16) IN A VARIETY OF ARTISTIC FORMS FOR 7.5 HOURS DAILY, 5 DAYS A WEEK, FOR 5 WEEKS IN JULY AND AUGUST. (35,000+ TOTAL SERVICE HOURS ANNUALLY) IN ADDITION TO OFFERING MOST OF THE SAME CLASSES OFFERED AS PART OF THE AFTERSCHOOL INSTITUTE (ABOVE), ADDITIONAL SUMMERTIME OFFERINGS INCLUDE: - PUBLIC SPEAKING, CREATIVE WRITING, TAIKO DRUMMING, CAJON DRUMMING, RECORDING ARTIST, YOGA, MEDITATION, KIDSTEEM, JUNKYARD BAND AND CAPOEIRA 3.YOUTH LEADERSHIP INSTITUTE: (7,000 TOTAL SERVICE HOURS) TRAINS AND HIRES 25-35 TEENS AND YOUNG ADULTS AS CLASSROOM AND OFFICE ASSISTANTS, AND OFFERS FINANCIAL, EMPLOYMENT TRAINING AND ACCESS COLLEGE PREPARATORY WORKSHOPS AND COLLEGE SCHOLARSHIPS. 4.FRIDAY NIGHT TEEN ARTS PROGRAM: GATHERS 65+ TEENS FROM 4:45PM TO 9:30PM EACH FRIDAY FOR A PEER DISCUSSION GROUP, TWO 1.5-HOUR ARTS CLASSES (PIANO, GUITAR, ACTING, SINGING, ELECTRONIC MUSIC, BAND, PERFORMANCE CHOIR AND DANCE), A SHARED MEAL, AND THEY END THE NIGHT WITH GAME TIME - GROUP GAMES THAT HAVE THEM WORKING IN GROUPS, LAUGHING AND ENJOYING TIME TOGETHER. 5.COMMUNITY INSTITUTE: (11,500 TOTAL SERVICE HOURS) TEAMS WITH LOCAL ORGANIZATIONS, CHURCHES, AND SCHOOLS TO BRING ITS QUALITY ARTS PROGRAMMING TO 425 ADDITIONAL STUDENTS ACROSS DIFFERENT COMMUNITIES, MANY OF WHICH ARE SEVERELY AT-RISK AT 6-10 SITES ANNUALLY.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Alysia Souder Executive Di | Officer | 40 | $0 |
Betty Prezzy Bryant President/tr | OfficerTrustee | 1 | $0 |
Jennifer Waddell Vice-Preside | OfficerTrustee | 1 | $0 |
Ann Huber Trustee | Trustee | 1 | $0 |
Isabel Espinoza Secretary | OfficerTrustee | 1 | $0 |
Jonathan Bagby Trustee | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $23,920 |
Related organizations | $0 |
Government grants | $773,604 |
All other contributions, gifts, grants, and similar amounts not included above | $171,784 |
Noncash contributions included in lines 1a–1f | $4,000,000 |
Total Revenue from Contributions, Gifts, Grants & Similar | $969,308 |
Total Program Service Revenue | $290,412 |
Investment income | $10,511 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $33,008 |
Net Gain/Loss on Asset Sales | $16,242 |
Net Income from Fundraising Events | $21,889 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $1,328,232 |
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. | $95,798 |
Compensation of current officers, directors, key employees. | $9,579 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $610,186 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $47,594 |
Payroll taxes | $64,563 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $5,220 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $8,837 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $35,167 |
Information technology | $7,663 |
Royalties | $0 |
Occupancy | $81,653 |
Travel | $2,663 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $977 |
Interest | $3,885 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $46,126 |
Insurance | $47,040 |
All other expenses | $8,114 |
Total functional expenses | $1,104,705 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $393,795 |
Savings and temporary cash investments | $165,260 |
Pledges and grants receivable | $212,972 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $4,018,159 |
Investments—publicly traded securities | $1,057,604 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $15,253 |
Total assets | $5,863,043 |
Accounts payable and accrued expenses | $27,435 |
Grants payable | $0 |
Deferred revenue | $0 |
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 | $149,030 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $22,875 |
Total liabilities | $199,340 |
Net assets without donor restrictions | $5,406,203 |
Net assets with donor restrictions | $257,500 |
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 | $5,863,043 |
Over the last fiscal year, we have identified 1 grants that Institute Of Music For Children Inc has recieved totaling $1,000.
Awarding Organization | Amount |
---|---|
Waldele Family Foundation Inc Stirling, NJ PURPOSE: SUPPORT CAUSE | $1,000 |
Beg. Balance | $1,359,765 |
Earnings | -$294,224 |
Admin Expense | $8,837 |
Net Contributions | $900 |
Ending Balance | $1,057,604 |
Organization Name | Assets | Revenue |
---|---|---|
Whyhunger Inc New York, NY | $5,607,325 | $7,869,621 |
Caramoor Center For Music & The Arts Inc Katonah, NY | $49,439,168 | $6,140,543 |
Save The Music Foundation New York, NY | $5,156,662 | $8,206,045 |
American Friends Of Les Arts Florissants Inc New York, NY | $1,107,997 | $2,546,808 |
Chicken & Egg Pictures Inc Brooklyn, NY | $9,525,742 | $4,390,371 |
Young Concert Artists Inc New York, NY | $10,777,916 | $2,607,839 |
Play On Philly Philadelphia, PA | $3,128,034 | $1,933,765 |
New Music Usa Inc New York, NY | $21,074,524 | $3,287,635 |
Original Music Workshop Inc Brooklyn, NY | $4,224,196 | $2,706,667 |
Aaron Copland Fund For Music Inc New York, NY | $18,112,112 | $2,664,671 |
Liveconnections Org Philadelphia, PA | $1,829,032 | $2,774,957 |
Sing For Hope Inc New York, NY | $2,840,187 | $1,889,471 |