National Music Council
- Assets
- $24.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Upper Montclair, NJ
- Founding
- 06/1959
- Data as of
- 09/2023
- EIN
- 13-6001550
Organization Overview
National Music Council is located in Upper Montclair, NJ. The organization was established in 1959. According to its NTEE Classification (A68) the organization is classified as: Music, 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. National Music Council 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 09/2023, National Music Council generated $40.3k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 1.0% each year. All expenses for the organization totaled $22.8k during the year ending 09/2023. While expenses have increased by 1.1% per year over the past 8 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
2023
Describe the Organization's Program Activity:
Part 3
MUSIC CONVENTION PARTICIPATION - DISTRIBUTE INFORMATION TO MEMBERS ON CURRENT DEVELOPMENTS IN THE INDUSTRY
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Sanders Director | 12.5 | $17,000 | |
Gary Ingle Treasurer | 12.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $37,200 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $3,100 |
| Other Revenue | $0 |
| Total Revenue | $40,300 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $17,000 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $1,200 |
| Printing, publications, postage, and shipping | $10 |
| Other expenses | $4,602 |
| Total expenses | $22,812 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $20,190 |
| Other assets | $0 |
| Total assets | $24,190 |
| Total liabilities | $8,350 |
| Net assets or fund balances | $15,840 |