Northampton Community Music Center Inc
- Assets
- $1.7m
- Revenue
- $1.4m
- Investments
- $348.5k
- Employees
- 4
- Location
- Northampton, MA
- Founding
- 11/1999
- Data as of
- 06/2024
- EIN
- 04-3428393
Organization Overview
Northampton Community Music Center Inc is located in Northampton, MA. The organization was established in 1999. According to its NTEE Classification (B28) the organization is classified as: Special Education, under the broad grouping of Education and related organizations. As of 06/2024, Northampton Community Music Center Inc employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Northampton Community Music Center 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, Northampton Community Music Center Inc generated $1.4m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 8.6% each year. All expenses for the organization totaled $722.3k during the year ending 06/2024. While expenses have increased by 0.7% per year over the past 9 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
2024
Describe the Organization's Mission:
Part 3 - Line 1
THE SCHOOLS MISSION IS TO FOSTER THE LOVE AND PURSUIT OF MUSIC WITHIN THE COMMUNITY THROUGH QUALITY ACTIVITIES THAT ARE ACCESSIBLE TO ALL.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MUSIC INSTRUCTION - PRIVATE AND GROUP LESSONS AND OTHER PROGRAMS RELATED TO THE SCHOOLS MISSION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kerry Dumbaugh Vice President 1st | OfficerTrustee | 0.5 | $0 |
Alice Swersey Clerk | OfficerTrustee | 0.5 | $0 |
Jason Trotta Executive Director | Officer | 40 | $89,308 |
Mike Doyle Vice President 2nd | OfficerTrustee | 0.5 | $0 |
Vikram Sood Director | Trustee | 0.5 | $0 |
Lindsay Allen Director | Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $11,270 |
| Related organizations | $0 |
| Government grants | $233,900 |
| All other contributions, gifts, grants, and similar amounts not included above | $682,094 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $927,264 |
| Total Program Service Revenue | $480,085 |
| Investment income | $11,970 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $2,320 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $6,179 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,427,818 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $45,357 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $89,308 |
| Compensation of current officers, directors, key employees. | $89,308 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $342,697 |
| Pension plan accruals and contributions | $5,808 |
| Other employee benefits | $23,908 |
| Payroll taxes | $37,294 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $5,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $2,619 |
| Fees for services: Other | $3,162 |
| Advertising and promotion | $4,746 |
| Office expenses | $13,228 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $49,259 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $820 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $38,845 |
| Insurance | $21,674 |
| All other expenses | $11,305 |
| Total functional expenses | $722,278 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $547,125 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $12,024 |
| 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 | $0 |
| Net Land, buildings, and equipment | $831,558 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $348,463 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,739,170 |
| Accounts payable and accrued expenses | $16,492 |
| Grants payable | $0 |
| Deferred revenue | $28,259 |
| 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 | $44,751 |
| Net assets without donor restrictions | $1,694,419 |
| 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 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,739,170 |