Monteverdi Music School Inc
- Assets
- $113.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Montpelier, VT
- Founding
- 12/1995
- Data as of
- 06/2023
- EIN
- 03-0343546
Organization Overview
Monteverdi Music School Inc is located in Montpelier, VT. The organization was established in 1995. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Monteverdi Music School 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 06/2023, Monteverdi Music School Inc generated $33.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (21.9%) each year. All expenses for the organization totaled $53.9k during the year ending 06/2023. As we would expect to see with falling revenues, expenses have declined by (17.8%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
MUSIC LESSONS AND CLASSES FOR CENTRAL VERMONT RESIDENTS, ADULTS AND CHILDREN. APPROXIMATELY 130 STUDENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Debra Smoller President | 2 | $0 | |
Stephen Falbel Treasurer | 2 | $0 | |
Elizabeth Benjamin Secretary | 1 | $0 | |
Lillian Broderick Director | 1 | $0 | |
Leslie Welts Director | 1 | $0 | |
Erin Eberhardt Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $15,003 |
| Total Program Service Revenue | $14,355 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $1,040 |
| Other Revenue | $2,616 |
| Total Revenue | $33,014 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $11,131 |
| Professional fees and other payments to independent contractors | $7,407 |
| Occupancy, rent, utilities, and maintenance | $16,712 |
| Printing, publications, postage, and shipping | $229 |
| Other expenses | $18,391 |
| Total expenses | $53,870 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $19,269 |
| Other assets | $0 |
| Total assets | $113,788 |
| Total liabilities | $9,984 |
| Net assets or fund balances | $103,804 |