Institute For Music And Neurologic Function is located in Mount Vernon, NY. The organization was established in 1996. According to its NTEE Classification (B90) the organization is classified as: Educational Services, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Institute For Music And Neurologic Function 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 12/2021, Institute For Music And Neurologic Function generated $229.1k 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 (16.3%) each year. All expenses for the organization totaled $315.3k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (13.8%) per year over the past 7 years. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO SOLICIT FUNDS TO PROMOTE THE THERAPEUTIC EFFECTS OF MUSIC ON NEUROLOGICAL FUNCTION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MUSIC THERAPY TO ASSIST THOSE WITH MEMORY DEFICITS, MOTOR REHABILITATION NEEDS, AND SPEECH THERAPY, AS WELL AS A MAJOR TRAINING CENTER FOR MUSIC THERAPISTS AND A RESOURCE FOR NEW COLLABORATIONS IN MUSIC-BRAIN RESEARCH.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Thomas E Nobile Secretary | OfficerTrustee | 1 | $0 |
Jay Stark Chairman Emeritus | OfficerTrustee | 0.5 | $0 |
David J Gentner President/ceo | OfficerTrustee | 1 | $0 |
Ulrich Rosa Treasurer | OfficerTrustee | 0.5 | $0 |
Joseph Sessa CFO | OfficerTrustee | 1 | $0 |
Concetta M Tomaino Executive Director | Officer | 30 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $48,001 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $165,807 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $213,808 |
Total Program Service Revenue | $13,919 |
Investment income | $686 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | -$805 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $229,065 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $50,000 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $39,607 |
Compensation of current officers, directors, key employees. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $88,157 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $8,200 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $46,589 |
Advertising and promotion | $0 |
Office expenses | $3,249 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $0 |
All other expenses | $204 |
Total functional expenses | $315,282 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $236,416 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $222 |
Accounts receivable, net | $13,205 |
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 | $34,576 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $24,608 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $309,027 |
Accounts payable and accrued expenses | $30,000 |
Grants payable | $0 |
Deferred revenue | $0 |
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 | $569,630 |
Total liabilities | $599,630 |
Net assets without donor restrictions | -$290,603 |
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 | $309,027 |
Over the last fiscal year, we have identified 3 grants that Institute For Music And Neurologic Function has recieved totaling $152,500.
Awarding Organization | Amount |
---|---|
Living Legacy Foundation Wilmington, DE PURPOSE: TO EXPAND ACCESS TO MUSIC THERAPY RESEARCH NATIONWIDE | $130,000 |
Wartburg Home Foundation Inc Mount Vernon, NY PURPOSE: GRANT MONEY WENT TOWARD THE THERAPEUTIC EFFECTS OF MUSIC THERAPY. | $15,000 |
Florence Tyson Fund For The Creative Arts Therapies Inc New York, NY PURPOSE: RESEARCH AND EDUCATION | $7,500 |
Organization Name | Assets | Revenue |
---|---|---|
Uncommon Schools Inc New York, NY | $293,550,038 | $84,601,875 |
Educational Commission For Foreign Medical Graduates Philadelphia, PA | $218,692,756 | $72,786,979 |
Amsterdam House Continuing Care Retirement Community Inc Port Washington, NY | $223,728,704 | $36,044,280 |
Sponsors For Educational Opportunity Inc New York, NY | $71,324,699 | $43,724,114 |
The Achievement Network Ltd Boston, MA | $23,559,572 | $30,118,976 |
Leadership For Educational Equity New York, NY | $8,736,194 | $32,582,451 |
Foundation For City College New York, NY | $332,549,861 | $102,453,904 |
Saga Innovations Framingham, MA | $30,229,601 | $39,236,690 |
Transcend Inc Hastingsonhudson, NY | $40,245,682 | $36,384,149 |
The Baruch College Fund New York, NY | $295,690,612 | $67,294,185 |
Collier Services Wickatunk, NJ | $8,471,748 | $15,685,679 |
S&p Global Foundation New York, NY | $10,276,249 | $7,071,664 |