Zumix Inc
- Assets
- $5.0m
- Revenue
- $1.9m
- Investments
- $0.0
- Employees
- 24
- Location
- East Boston, MA
- Founding
- 07/1992
- Data as of
- 03/2023
- EIN
- 04-3132674
Organization Overview
Zumix Inc is located in East Boston, MA. The organization was established in 1992. According to its NTEE Classification (A6B) the organization is classified as: Singing & Choral Groups, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 03/2023, Zumix Inc employed 24 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Zumix 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 03/2023, Zumix Inc generated $1.9m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 4.8% each year. All expenses for the organization totaled $1.9m during the year ending 03/2023. While expenses have increased by 5.3% per year over the past 8 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
YOUTH AND COMMUNITY DEVELOPMENT THROUGH MUSIC AND RELATED ARTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
HANDS-ON - YOUTH DEVELOPMENT PROGRAMS: HANDS-ON OFFERS GROUP AND INDIVIDUAL PROGRAMMING FOR YOUTH AGES 12-18 IN FOUR CORE AREAS: SONGWRITING AND PERFORMANCE, INSTRUMENTAL MUSIC, CREATIVE TECHNOLOGY, AND COMMUNITY RADIO. WE OFFER SPROUTS PROGRAMMING FOR YOUTH AGES 7-11 FOCUSING ON MUSIC, THEATER, AND DANCE. OUR PROGRAMS ARE DESIGNED TO FOSTER AND EVALUATE OUTCOMES IN THE AREAS OF PERSONAL DEVELOPMENT, ARTISTIC GROWTH, COMMUNITY ENGAGEMENT, AND WORK/LIFE SKILLS.
COMMUNITY ARTS - YOUTH IN ACTION:COMMUNITY ARTS PROGRAMMING HAS ENABLED ZUMIX TO TAKE A LEADERSHIP ROLE IN MAKING ARTS AND CULTURE A MORE ACCESSIBLE AND VITAL PART OF LOCAL LIFE WHILE PROVIDING OUR YOUTH WITH OPPORTUNITIES TO MASTER AND APPLY THEIR TALENTS IN REAL-LIFE SETTINGS. ENGAGING IN LOCAL EVENTS PROVIDES A CONTEXT FOR OUR WORK WITH YOUNG PEOPLE, HELPING THEM CONNECT WITH LOCAL ARTISTS, ACTIVISTS, BUSINESS LEADERS, NONPROFIT AGENCIES, AND LOCAL RESIDENTS, AND TO SERVE AS ASSETS FOR THE COMMUNITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Richard Bouchard Board Member | Trustee | 2 | $0 |
Johnny Giraldo Board Member | Trustee | 2 | $0 |
Jesse Edsell-Vetter Clerk | OfficerTrustee | 2 | $0 |
Erika Abbas Board Member | Trustee | 2 | $0 |
Christian Komecki Board Vice Chair | OfficerTrustee | 2 | $0 |
Nikki Stewart Board Chair | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $181,761 |
| Related organizations | $0 |
| Government grants | $465,274 |
| All other contributions, gifts, grants, and similar amounts not included above | $917,322 |
| Noncash contributions included in lines 1a–1f | $23,562 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,564,357 |
| Total Program Service Revenue | $284,549 |
| Investment income | $29,381 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $16,847 |
| Net Gain/Loss on Asset Sales | $169 |
| Net Income from Fundraising Events | -$18,954 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,877,098 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $109,067 |
| Compensation of current officers, directors, key employees. | $10,747 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $802,235 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $87,851 |
| Payroll taxes | $70,178 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $20,436 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $5,793 |
| Fees for services: Other | $367,340 |
| Advertising and promotion | $3,490 |
| Office expenses | $49,760 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $104,103 |
| Travel | $1,274 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $31,207 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $61,513 |
| Insurance | $32,403 |
| All other expenses | $746 |
| Total functional expenses | $1,867,017 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $57,689 |
| Savings and temporary cash investments | $1,118,610 |
| Pledges and grants receivable | $253,378 |
| Accounts receivable, net | $0 |
| 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 | $43,605 |
| Net Land, buildings, and equipment | $182,154 |
| Investments—publicly traded securities | $1,017,788 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $2,325,177 |
| Total assets | $4,998,401 |
| Accounts payable and accrued expenses | $80,474 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $72,715 |
| Total liabilities | $153,189 |
| Net assets without donor restrictions | $4,673,581 |
| Net assets with donor restrictions | $171,631 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $4,998,401 |