Berkshire Music School Inc
- Assets
- $872.8k
- Revenue
- $510.1k
- Investments
- $0.0
- Employees
- 32
- Location
- Pittsfield, MA
- Founding
- 02/1944
- Data as of
- 06/2021
- EIN
- 04-2121369
Organization Overview
Berkshire Music School Inc is located in Pittsfield, MA. The organization was established in 1944. According to its NTEE Classification (A6E) the organization is classified as: Performing Arts Schools, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 06/2022, Berkshire Music School Inc employed 32 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Berkshire 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 06/2021, Berkshire Music School Inc generated $510.1k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.7%) each year. All expenses for the organization totaled $529.8k during the year ending 06/2021. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
MUSIC INSTRUCTION PROVIDED AT VARIOUS ACADEMIC LEVELS TO ENROLLED STUDENTS
Describe the Organization's Program Activity:
Part 3 - Line 4a
MUSIC INSTRUCTION PROVIDED AT VARIOUS ACADEMIC LEVELS TO ENROLLED STUDENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Natalie Johnsonius Neubert Executive Director | 40 | $71,170 | |
Cecylia Arzewski Director | Trustee | 1 | $0 |
Jeffry Bradway President | OfficerTrustee | 1 | $0 |
Lisa Avery Director | Trustee | 1 | $0 |
Cynthia Hashim Treasurer | OfficerTrustee | 1 | $0 |
William Ketcham Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $246,332 |
| Investment income | $19,655 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | -$2,073 |
| Net Gain/Loss on Asset Sales | $10,476 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $510,143 |
| Statement of Expenses | |
|---|---|
| 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. | $70,885 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $263,138 |
| Pension plan accruals and contributions | $1,606 |
| Other employee benefits | $23,078 |
| Payroll taxes | $27,509 |
| Fees for services: Management | $2,472 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $5,615 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $3,778 |
| Fees for services: Other | $7,120 |
| Advertising and promotion | $8,826 |
| Office expenses | $9,891 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $52,973 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $821 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $19,652 |
| Insurance | $14,197 |
| All other expenses | $0 |
| Total functional expenses | $529,829 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $101,821 |
| Savings and temporary cash investments | $5,541 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $6,390 |
| 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 | $2,128 |
| Investments—publicly traded securities | $292,371 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $277,483 |
| Total assets | $872,763 |
| Accounts payable and accrued expenses | $9,820 |
| Grants payable | $0 |
| Deferred revenue | $19,076 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $28,896 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | $843,867 |