Musica Nova Inc
- Assets
- $64.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Phoenix, AZ
- Founding
- 07/2003
- Data as of
- 06/2021
- EIN
- 11-3682567
Organization Overview
Musica Nova Inc is located in Phoenix, AZ. The organization was established in 2003. 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. Musica Nova 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 06/2021, Musica Nova Inc generated $93.3k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 9.3% each year. All expenses for the organization totaled $50.0k during the year ending 06/2021. While expenses have increased by 0.0% per year over the past 6 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
2021
Describe the Organization's Program Activity:
Part 3
THE PANDEMIC RESULTED IN THE CANCELLATION OF LIVE PERFORMANCES IN THE FIRST TWO-THIRDS OF THE FISCAL YEAR. TAKING THEIR PLACE WERE A LIVE-STREAMED CHAMBER CONCERT AND A VIDEO FEATURING ONE MUSICIAN PLAYING NINE PARTS. YOUNG ARTISTS RECITALS WERE CONDUCTED WITH ONLY IMMEDIATE FAMILY IN ATTENDANCE, WITH THE PERFORMANCE VIDEOTAPED. OUTREACH AT TEMPE HIGH SCHOOL WAS CONDUCTED IN A SIMILAR FASHION. BY THE END OF THE YEAR THE ORCHESTRA WAS ABLE TO RETURN TO LIVE PERFORMANCE, STAGING THREE ORCHESTRALCONCERTS (TWO OF THEM LIVE STREAMED) AND TWO SMALL ENSEMBLE CONCERTS IN THREE MONTHS.
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 |
|---|---|---|---|
Robert Leger President & CEO | 15 | $0 | |
Gary Moss Director | 1 | $0 | |
Jill Osborne Vice President | 1 | $0 | |
Angelo Estimeo Director | 1 | $0 | |
John Cleveland Director | 1 | $0 | |
Elizabeth Mckinnon Director | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $72,844 |
| Total Program Service Revenue | $5,445 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $15,000 |
| Total Revenue | $93,289 |
| 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 | $29,550 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $71 |
| Other expenses | $20,389 |
| Total expenses | $50,010 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $31,505 |
| Other assets | $0 |
| Total assets | $64,505 |
| Total liabilities | $0 |
| Net assets or fund balances | $64,505 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Musica Nova Inc has recieved totaling $6,001.
| Awarding Organization | Amount |
|---|---|
Mightycause Charitable Foundation Marianna, FL PURPOSE: UNRESTRICTED | $6,001 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
San Diego Symphony Foundation San Diego, CA | $121,018,561 | $925,945 |
Philharmonia Baroque Orchestra & Chorale San Francisco, CA | $8,005,058 | $4,824,687 |
Santa Rosa Symphony Association Santa Rosa, CA | $23,001,628 | $6,302,463 |
Tucson Symphony Society Tucson, AZ | $15,428,177 | $6,501,284 |
Phoenix Symphony Association Phoenix, AZ | $1,368,252 | $4,890,998 |
Pasadena Symphony Association Pasadena, CA | $11,596,205 | $5,563,647 |
Santa Barbara Symphony Orchestra Association Santa Barbara, CA | $1,028,763 | $2,763,199 |
The Los Angeles Chamber Orchestra Society Inc Los Angeles, CA | $5,194,806 | $3,490,076 |
Philharmonic Society Of Orange County Irvine, CA | $2,790,910 | $2,557,738 |
New Mexico Philharmonic Inc Albuquerque, NM | $458,933 | $1,791,722 |
San Diego Youth Symphony San Diego, CA | $3,933,341 | $2,245,854 |
San Jose Youth Symphony San Jose, CA | $1,419,309 | $1,744,607 |