Melrose Orchestral Association
- Assets
- $214.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Melrose, MA
- Founding
- 10/1946
- Data as of
- 05/2024
- EIN
- 04-6112869
Organization Overview
Melrose Orchestral Association is located in Melrose, MA. The organization was established in 1946. According to its NTEE Classification (A69) the organization is classified as: Symphony Orchestras, 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. Melrose Orchestral Association 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 05/2024, Melrose Orchestral Association generated $183.0k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 2.1% each year. All expenses for the organization totaled $172.5k during the year ending 05/2024. While expenses have increased by 1.9% 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2024
Describe the Organization's Program Activity:
Part 3
BRING TOGETHER VOLUNTEER AND PROFESSIONAL MUSICIANS TO PUT ONCONCERTS TO EDUCATE AND ENTERTAIN THE CITIZENS OF MELROSE ANDSURROUNDING COMMUNITIES (>5,000 PEOPLE/YEAR) WITH CLASSICAL MUSIC.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Myron Dittmer Secretary | 1 | $0 | |
Katherine Radley President | 20 | $0 | |
Deborah Walsh Treasurer | 15 | $0 | |
Joan Cassidy Co-Vice President | 1 | $0 | |
Richard Iascone Director | 1 | $0 | |
Joseph Messina Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $171,699 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $3,778 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $7,510 |
| Total Revenue | $182,987 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $38,000 |
| Professional fees and other payments to independent contractors | $1,675 |
| Occupancy, rent, utilities, and maintenance | $13,696 |
| Printing, publications, postage, and shipping | $11,564 |
| Other expenses | $107,573 |
| Total expenses | $172,508 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $214,877 |
| Other assets | $0 |
| Total assets | $214,877 |
| Total liabilities | $1,770 |
| Net assets or fund balances | $213,107 |