Music Composition Online Mentoring Program Inc
- Assets
- $12.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Duxbury, VT
- Founding
- 01/2002
- Data as of
- 06/2022
- EIN
- 03-0364597
Organization Overview
Music Composition Online Mentoring Program Inc is located in Duxbury, VT. The organization was established in 2002. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, 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. Music Composition Online Mentoring Program 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, Music Composition Online Mentoring Program Inc generated $79.6k 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 (4.0%) each year. All expenses for the organization totaled $104.6k during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Matt Larocca Executive Director | 31 | $24,000 | |
Erik Nielsen President | 5 | $4,815 | |
Mike Close Director | 1 | $440 | |
Hilary Goldblatt Secretary | 1 | $0 | |
Suzanne Garrity Director | 1 | $0 | |
Matt Podd Director | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $20,619 |
| Total Program Service Revenue | $58,957 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $79,576 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $48,000 |
| Professional fees and other payments to independent contractors | $36,734 |
| Occupancy, rent, utilities, and maintenance | $1,330 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $18,558 |
| Total expenses | $104,622 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $12,749 |
| Other assets | $0 |
| Total assets | $12,749 |
| Total liabilities | $840 |
| Net assets or fund balances | $11,909 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Music Composition Online Mentoring Program Inc has recieved totaling $21,400.
| Awarding Organization | Amount |
|---|---|
Vermont Community Foundation Middlebury, VT PURPOSE: GENERAL PURPOSE | $16,000 |
Vermont Council On The Arts Inc Montpelier, VT PURPOSE: GENERAL PURPOSE | $5,400 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Alfred P Sloan Foundation New York, NY | $2,105,880,634 | $192,527,982 |
Massachusetts Higher Education Assistance Corporation Boston, MA | $1,090,709,677 | $124,087,298 |
Mastercard Impact Fund Purchase, NY | $207,268,769 | $96,050,288 |
N H Higher Education Loan Corporation Concord, NH | $928,313,847 | $60,034,018 |
Arcus Foundation New York, NY | $264,733,626 | $35,703,685 |
Edward P Evans Andover, MA | $242,161,195 | $13,916,833 |
The Childrens Scholarship Fund New York, NY | $36,136,002 | $24,710,520 |
Math For America Inc New York, NY | $15,709,494 | $20,036,646 |
Ja Worldwide Inc Boston, MA | $14,229,210 | $21,801,943 |
The Posse Foundation Inc New York, NY | $120,660,725 | $44,739,225 |
Inner-City Scholarship Fund Inc New York, NY | $115,829,957 | $24,751,034 |
Joan And Irwin Jacobs Technion-Cornell Innovation Instit New York, NY | $205,040,861 | $18,316,542 |