New England Piano Teachers Association Inc is located in Methuen, MA. The organization was established in 1985. According to its NTEE Classification (B03) the organization is classified as: Professional Societies & Associations, 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. New England Piano Teachers Association 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 06/2024, New England Piano Teachers Association Inc generated $48.3k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 7.5% each year. All expenses for the organization totaled $44.4k during the year ending 06/2024. While expenses have increased by 15.6% per year over the past 4 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2024
Describe the Organization's Program Activity:
Part 3
TEACHING AND LEARNING PROGRAMS. RECITALS TO DEMONSTRATEPIANO ABILITIES AND TEACHING ABILITIES. GRANTS ARE THE SCHOLARSHIP AWARDS GIVEN TO PARTICIPANTS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Vivian Fang President | 10 | $0 | |
Rebecca Helm Vice President | 10 | $0 | |
Shizue Sano Treasurer | 10 | $0 | |
Carolyn Ly Germeys Executive Secretary | 2 | $0 | |
Eric Bouwman-Wozencraft Clerk/recording Secretary | 2 | $0 | |
Nina Grimaldi Director | 2 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $1,641 |
Total Program Service Revenue | $25,361 |
Membership dues | $14,180 |
Investment income | $7,153 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $48,335 |
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 | $10,770 |
Occupancy, rent, utilities, and maintenance | $11,973 |
Printing, publications, postage, and shipping | $220 |
Other expenses | $17,641 |
Total expenses | $44,429 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $243,309 |
Other assets | $0 |
Total assets | $243,309 |
Total liabilities | $0 |
Net assets or fund balances | $243,309 |