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 06/2022, Monteverdi Music School Inc generated $51.7k 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 (10.6%) each year. All expenses for the organization totaled $51.8k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (13.5%) per year over the past 7 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
2022
Describe the Organization's Program Activity:
Part 3
MUSIC LESSONS TO CENTRAL VERMONT RESIDENTS, ADULTS AND CHILDREN. APPROXIMATELY 125 STUDENTS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Larry Revit Director | 1 | $0 | |
Debra Smoller President | 2 | $0 | |
Erin Eberhardt Director | 2 | $0 | |
Elizabeth Benjamin Secretary | 1 | $0 | |
Allison Rogers Director | 1 | $0 | |
Stephen Falbel Treasurer | 4 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $32,985 |
Total Program Service Revenue | $16,379 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $2,305 |
Total Revenue | $51,669 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $11,596 |
Occupancy, rent, utilities, and maintenance | $18,778 |
Printing, publications, postage, and shipping | $1,587 |
Other expenses | $19,881 |
Total expenses | $51,842 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $35,251 |
Other assets | $0 |
Total assets | $136,257 |
Total liabilities | $15,015 |
Net assets or fund balances | $121,242 |
Over the last fiscal year, we have identified 1 grants that Monteverdi Music School Inc has recieved totaling $5,000.
Awarding Organization | Amount |
---|---|
Vermont Council On The Arts Inc Montpelier, VT PURPOSE: GENERAL PURPOSE | $5,000 |
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