Suzuki School Of Newton Inc
- Assets
- $7.0m
- Revenue
- $2.1m
- Investments
- $0.0
- Employees
- 46
- Location
- Waban, MA
- Founding
- 06/1994
- Data as of
- 08/2022
- EIN
- 04-3172689
Organization Overview
Suzuki School Of Newton Inc is located in Waban, MA. The organization was established in 1994. According to its NTEE Classification (B25) the organization is classified as: Secondary & High Schools, under the broad grouping of Education and related organizations. As of 08/2022, Suzuki School Of Newton Inc employed 46 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Suzuki School Of Newton 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 08/2022, Suzuki School Of Newton Inc generated $2.1m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.9% each year. All expenses for the organization totaled $1.7m during the year ending 08/2022. While expenses have increased by 5.4% per year over the past 7 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE EARLY CHILDHOOD, YOUTH AND ADULT CULTURAL, INTELLECTUAL AND CHARACTER DEVELOPMENT THROUGH MUSICAL INSTRUMENT INSTRUCTION AND TO SHARE MUSIC WITH THE COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
INSTRUMENTAL MUSIC INSTRUCTION FOR CHILDREN (3-17) AND ADULTS USING THE SUZUKI METHOD OF INSTRUCTION. APPROXIMATELY 300 CHILDREN AND ADULTS IN PRIVATE, GROUP, AND PERFORMANCE SETTINGS. STUDENTS PERFORM FOR THE COMMUNITY.
EARLY CHILDHOOD EDUCATION FOR 2.9 TO 5 YEARS OLD BASED UPON AN AGE APPROPRIATE ACADEMIC CURRICULUM WITH INTEGRATED ARTS, SUZUKI MUSIC AND FOREIGN LANGUAGE LEARNING THAT PROMOITES CULTURAL, INTELLECTUAL AND CHARACTER DEVELOPMENT THROUGH INSTRUCTION AND PARENT PARTNERSHIP.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sachiko Isihara Executive Di | Officer | 50 | $121,450 |
David Gaylin Treasurer | OfficerTrustee | 1 | $0 |
Anitha Gopalan President | OfficerTrustee | 2 | $0 |
Karen Lourence Clerk | OfficerTrustee | 1 | $0 |
Barrie Wheeler Vice Preside | OfficerTrustee | 1 | $0 |
Ijeoma Anyanwu Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $2,715 |
| Related organizations | $0 |
| Government grants | $216,255 |
| All other contributions, gifts, grants, and similar amounts not included above | $215,834 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $434,804 |
| Total Program Service Revenue | $1,665,366 |
| Investment income | $1,161 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,101,331 |
| 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. | $121,450 |
| Compensation of current officers, directors, key employees. | $80,092 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $911,959 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $46,908 |
| Payroll taxes | $78,117 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $15,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $3,806 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $111,447 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $4,782 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $209,268 |
| Insurance | $19,409 |
| All other expenses | $75,922 |
| Total functional expenses | $1,743,012 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,393,536 |
| Savings and temporary cash investments | $342,117 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $4,419 |
| 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 | $2,153 |
| Net Land, buildings, and equipment | $5,246,741 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $6,988,966 |
| Accounts payable and accrued expenses | $679,861 |
| Grants payable | $0 |
| Deferred revenue | $13,457 |
| 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 | $2,316,038 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $3,009,356 |
| Net assets without donor restrictions | $3,893,167 |
| Net assets with donor restrictions | $86,443 |
| 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 | $6,988,966 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Suzuki School Of Newton Inc has recieved totaling $217.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $217 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Central Catholic High School Inc Lawrence, MA | $53,774,234 | $20,404,394 |
Yeshiva University High Schools New York, NY | $22,674,721 | $20,464,649 |
Bancroft School Worcester, MA | $41,590,208 | $15,668,076 |
Woodstock Academy Woodstock, CT | $31,824,143 | $19,974,211 |
Derryfield School Manchester, NH | $44,949,554 | $20,323,202 |
Miss Halls School Inc Pittsfield, MA | $50,566,747 | $21,121,476 |
Tilton School Tilton, NH | $51,782,047 | $28,426,192 |
Rectory School Inc Pomfret, CT | $61,030,805 | $27,484,393 |
Westover School Inc Middlebury, CT | $114,183,779 | $14,889,393 |
Putney School Inc Putney, VT | $65,148,933 | $24,861,480 |
Ridgefield Academy Inc Ridgefield, CT | $32,737,443 | $17,017,349 |
Keio Academy Of New York Purchase, NY | $60,256,729 | $12,685,966 |