Lutheran Music Academy Of Galvestonisland Inc
- Assets
- $29.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Galveston, TX
- Founding
- 10/2006
- Data as of
- 12/2021
- EIN
- 20-4992838
Organization Overview
Lutheran Music Academy Of Galvestonisland Inc is located in Galveston, TX. The organization was established in 2006. 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. Lutheran Music Academy Of Galvestonisland 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 12/2021, Lutheran Music Academy Of Galvestonisland Inc generated $111.2k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.4% each year. All expenses for the organization totaled $110.8k during the year ending 12/2021. While expenses have increased by 2.0% per year over the past 7 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 ENHANCEMENT OF MUSIC FOR STUDENTS IN THE COMMUNITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kurt Koopmann Chair | 0 | $0 | |
June Pulliam Executive Director | 40 | $0 | |
Suzanne Peterson Secretary | 0 | $0 | |
Joe Concienne Treasurer | 0 | $0 | |
Rev Richard Rhoades Director | 0 | $0 | |
Amy Bly Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $96,348 |
| Total Program Service Revenue | $14,565 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $327 |
| Total Revenue | $111,240 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $60,975 |
| Professional fees and other payments to independent contractors | $40,737 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $9,131 |
| Total expenses | $110,843 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $29,369 |
| Other assets | $0 |
| Total assets | $29,369 |
| Total liabilities | $0 |
| Net assets or fund balances | $29,369 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Lutheran Music Academy Of Galvestonisland Inc has recieved totaling $54,800.
| Awarding Organization | Amount |
|---|---|
Permanent Endowment Fund Of The Moody Memorial First United Method Galveston, TX PURPOSE: Student Scholarships | $37,800 |
Moody Foundation Galveston, TX PURPOSE: COVID-19 RELIEF. | $15,000 |
Les Paul Foundation Syosset, NY PURPOSE: SUPPORTING FUNDS FOR MUSIC PROGRAMS | $2,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Van Cliburn Foundation Inc Fort Worth, TX | $13,509,302 | $8,934,359 |
Harmony House Inc Houston, TX | $6,531,706 | $4,533,772 |
Da Camera Society Of Texas Houston, TX | $2,874,881 | $2,444,470 |
Warrior Notes Destrehan, LA | $6,531,153 | $6,740,480 |
New Orleans Musicians Assistancefoundation New Orleans, LA | $2,625,519 | $1,960,903 |
Kerrville Folk Festival Foundation Inc Kerrville, TX | $1,558,540 | $1,646,197 |
Santa Fe Concert Association Santa Fe, NM | $379,174 | $1,132,324 |
Midland Odessa Symphony And Chorale Inc Midland, TX | $4,668,029 | $1,189,263 |
Roots Of Music Inc New Orleans, LA | $598,901 | $932,201 |
Youth Choirs Inc San Antonio, TX | $451,626 | $533,478 |
Choristers Guild Dallas, TX | $699,058 | $929,253 |
American Festival For The Arts Houston, TX | $549,941 | $638,713 |