Berkshire Hills Music Academy Inc
- Assets
- $10.1m
- Revenue
- $4.8m
- Investments
- $0.0
- Employees
- 99
- Location
- South Hadley, MA
- Founding
- 03/1999
- Data as of
- 06/2022
- EIN
- 04-3458789
Organization Overview
Berkshire Hills Music Academy Inc is located in South Hadley, 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 06/2022, Berkshire Hills Music Academy Inc employed 99 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Berkshire Hills Music Academy 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 06/2022, Berkshire Hills Music Academy Inc generated $4.8m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.9% each year. All expenses for the organization totaled $4.3m during the year ending 06/2022. While expenses have increased by 7.7% 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
BHMA USES A COMPREHENSIVE PROGRAM WITH MUSIC AT ITS CORE TO HELP INDIVIDUALS WITH INTELLECTUAL AND DEVELOPMENTAL DISABILITIES ADVANCE THEIR SKILLS FOR COMMUNICATION, INDEPENDENCE, AND EMPLOYMENT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
BHMA'S DAY AND RESIDENTIAL PROGRAM CONTINUES TO SUPPORT INDIVIDUALS WITH I/DD LIVING, WORKING AND LEARNING IN THE COMMUNITY. WE HAVE EXPANDED OUR RESIDENTIAL AND VOCATIONAL PROGRAMS TO INCLUDE SHARED LIVING AND OUR ASCENDING ARTISTS. SERVED APPROXIMATELY 70 INDIVIDUALS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michelle Theroux Executive Director | Officer | 40 | $133,627 |
John Brzezenski Clerk | OfficerTrustee | 2 | $0 |
Elizabeth Scheibel Chair | OfficerTrustee | 3 | $0 |
Frank Connor Treasurer | OfficerTrustee | 2 | $0 |
Vince A Daboul Vice Chair | OfficerTrustee | 2 | $0 |
Caitlin Crowe Member | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $277,425 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $210,525 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $487,950 |
| Total Program Service Revenue | $4,340,676 |
| Investment income | $23,056 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$74,952 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,776,730 |
| 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. | $138,508 |
| Compensation of current officers, directors, key employees. | $138,508 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,634,642 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $170,342 |
| Payroll taxes | $238,518 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $155 |
| Fees for services: Accounting | $19,293 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $2,800 |
| Advertising and promotion | $0 |
| Office expenses | $59,020 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $309,133 |
| Travel | $12,003 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $9,541 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $252,602 |
| Insurance | $70,548 |
| All other expenses | $31,778 |
| Total functional expenses | $4,268,339 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,034,777 |
| Savings and temporary cash investments | $860,368 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $815,697 |
| 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 | $73,905 |
| Net Land, buildings, and equipment | $6,170,001 |
| Investments—publicly traded securities | $1,132,306 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $10,087,054 |
| Accounts payable and accrued expenses | $144,651 |
| Grants payable | $0 |
| Deferred revenue | $201,141 |
| 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 | $345,792 |
| Net assets without donor restrictions | $9,586,408 |
| Net assets with donor restrictions | $154,854 |
| 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 | $10,087,054 |
Grants Recieved
Over the last fiscal year, we have identified 7 grants that Berkshire Hills Music Academy Inc has recieved totaling $100,801.
| Awarding Organization | Amount |
|---|---|
Goldman Sachs Charitable Gift Fund New York, NY PURPOSE: EDUCATIONAL PROGRAMS & OTHER STUDENT SVC | $70,000 |
Cedar Street Charitable Foundation Inc Milwaukee, WI PURPOSE: GENERAL | $10,000 |
Wff Inc Miami Beach, FL PURPOSE: TO FURTHER CHARITABLE PURPOSES OF PUBLIC CHARITY | $10,000 |
Jewish Federation Of Western Massachusetts Inc Springfield, MA PURPOSE: GENERAL SUPPORT | $7,500 |
The Koffler Bornstein Family Foundation Providence, RI PURPOSE: TO PROVIDE FINANCIAL SUPPORT FOR THE MISSION OF THE ORGANIZATION. | $1,500 |
Bay State Federal Savings Charitable Foundation Sagamore Beach, MA PURPOSE: GENERAL OPERATING SUPPORT | $1,500 |
Endowment Analysis
| Beg. Balance | $106,800 |
| Ending Balance | $106,800 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Variety Child Learning Center Syosset, NY | $8,356,973 | $21,867,725 |
Nashoba Learning Group Inc Bedford, MA | $17,818,775 | $20,934,730 |
The Hagedorn Little Village School Seaford, NY | $17,101,359 | $21,155,572 |
Summit School Upper Nyack, NY | $17,974,431 | $18,614,927 |
Steppingstone Day School Inc Kew Garden Hills, NY | $5,707,568 | $18,884,905 |
Childrens Center Of Hamden Inc Hamden, CT | $5,057,304 | $17,805,585 |
Kennedy Childrens Center New York, NY | $16,208,391 | $17,351,422 |
League School Brooklyn, NY | $8,003,102 | $18,878,930 |
League School Of Greater Boston Inc Walpole, MA | $19,876,889 | $16,713,452 |
Milestones Behavioral Services Inc Orange, CT | $21,061,189 | $19,167,051 |
The Manhattan Childrens Center Inc New York, NY | $11,028,934 | $17,851,466 |
American Federation Of Teachers Yonkers, NY | $7,190,230 | $15,527,584 |