Polymnia Choral Society Inc
- Assets
- $25.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Melrose, MA
- Founding
- 06/1972
- Data as of
- 06/2022
- EIN
- 04-6111736
Organization Overview
Polymnia Choral Society Inc is located in Melrose, MA. The organization was established in 1972. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Polymnia Choral Society 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, Polymnia Choral Society Inc generated $15.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (17.0%) each year. All expenses for the organization totaled $15.6k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (17.1%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Stephen J Francis President | 5 | $0 | |
Therese Moran Treasurer | 5 | $0 | |
David Hammond Vice-President | 5 | $0 | |
Erica Finn Secretary | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $7,860 |
| Total Program Service Revenue | $3,905 |
| Membership dues | $2,943 |
| Investment income | $7 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $811 |
| Total Revenue | $15,526 |
| 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 | $9,133 |
| Occupancy, rent, utilities, and maintenance | $1,150 |
| Printing, publications, postage, and shipping | $547 |
| Other expenses | $4,782 |
| Total expenses | $15,612 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $25,666 |
| Other assets | $0 |
| Total assets | $25,666 |
| Total liabilities | $0 |
| Net assets or fund balances | $25,666 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Polymnia Choral Society Inc has recieved totaling $5,000.
| Awarding Organization | Amount |
|---|---|
Melrose Cooperative Bank Foundation Melrose, MA PURPOSE: GENERAL OPERATINGSUPPORT | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Young Peoples Chorus Of New York City Inc New York, NY | $5,108,088 | $5,381,162 |
Brooklyn Youth Chorus Academy Inc Brooklyn, NY | $4,251,363 | $1,486,851 |
Mastervoices Inc New York, NY | $779,342 | $1,755,720 |
Zamir Choral Foundation Inc New York, NY | $1,054,675 | $1,768,406 |
Zumix Inc East Boston, MA | $5,117,381 | $3,178,519 |
Bay State Performing Arts Inc Boston, MA | $718,080 | $1,098,375 |
Chorus Of Westerly Westerly, RI | $5,722,371 | $830,537 |
Emmanuel Music Inc Boston, MA | $1,039,316 | $847,064 |
Arts Empowering Life Inc Orleans, MA | $1,601,006 | $693,994 |
Albany Pro Musica Inc Troy, NY | $1,087,348 | $710,352 |
Mountain Top Music Center Conway, NH | $3,445,290 | $535,467 |
Jack Music Inc New York, NY | $470,697 | $767,436 |