Marty Wilson Jr Art And Music Foundation Inc
- Assets
- $31.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Atlantic City, NJ
- Founding
- 02/2009
- Data as of
- 12/2019
- EIN
- 20-5267755
Organization Overview
Marty Wilson Jr Art And Music Foundation Inc is located in Atlantic City, NJ. The organization was established in 2009. According to its NTEE Classification (A25) the organization is classified as: Arts Education, 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. Marty Wilson Jr Art And Music Foundation 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 12/2019, Marty Wilson Jr Art And Music Foundation Inc generated $7.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (11.3%) each year. All expenses for the organization totaled $11.4k during the year ending 12/2019. As we would expect to see with falling revenues, expenses have declined by (6.1%) per year over the past 5 years. 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
2019
Describe the Organization's Program Activity:
Part 3
ATLANTIC CITY AFTER SCHOOL ARTS PROGRAMS - PROMOTES JOB AND LIFE SKILLS TRAINING THROUGH ARTISTIC PROGRAMS AT SEVERAL AREA SCHOOLS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jayesh Sodha Vice President | 0.5 | $0 | |
Sherry Yahn President | 0.5 | $0 | |
John Lonergan Trustee | 0.5 | $0 | |
Joseph Chialastri Treasurer | 0.5 | $0 | |
Rosemary Kaukeano Financial Secretary | 0.5 | $0 | |
Lois W Lantz Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $7,634 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $3 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $7,637 |
| 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 | $1,395 |
| Occupancy, rent, utilities, and maintenance | $860 |
| Printing, publications, postage, and shipping | $154 |
| Other expenses | $2,520 |
| Total expenses | $11,404 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $31,496 |
| Other assets | $0 |
| Total assets | $31,496 |
| Total liabilities | $0 |
| Net assets or fund balances | $31,496 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Marty Wilson Jr Art And Music Foundation Inc has recieved totaling $5,000.
| Awarding Organization | Amount |
|---|---|
Hard Rock Heals Foundation Inc Davie, FL PURPOSE: THE MISSION OF THE MARTY WILSON JR. ART & MUSIC FOUNDATION IS TO PROVIDE MULTI-DISCIPLINED ARTS PROGRAMS THROUGH CLASSES, COURSES, EVENTS, LECTURES AND OUTREACH PROGRAMS. THESE PROGRAMS WILL OFFER CHILDREN, ADULTS, SENIOR CITIZENS, THE DISABLED AND UNDER-SERVED POPULATION'S SPECIALIZED CLASSES IN ALL ARTS DISCIPLINES WHICH ARE DESIGNED TO ENRICH LIVES AND AWAKEN ARTISTIC ABILITIES. PROJECTS ARE SPECIFICALLY DEVELOPED FOR EACH AUDIENCE AND ARE ADAPTABLE TO ALL LEVELS OF ABILITY. | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Saul Steinberg Foundation New York, NY | $2,326,445 | $165,696 |
Studio In A School Association New York, NY | $26,491,871 | $6,228,421 |
Global Disciples Lancaster, PA | $4,481,434 | $6,431,035 |
Harlem School Of The Arts Inc New York, NY | $16,306,795 | $5,380,840 |
Dreamyard Project Inc Bronx, NY | $4,474,380 | $5,509,637 |
Grounds For Sculpture Inc Hamilton, NJ | $36,793,406 | $11,597,062 |
Powerhouse Arts Inc Brooklyn, NY | $187,718,007 | $2,438,930 |
American Academy Of Arts And Letters New York, NY | $101,076,393 | $10,417,737 |
The Arts Connection Inc New York, NY | $2,703,336 | $4,972,330 |
Alliance For Young Artists & Writers Inc New York, NY | $7,496,330 | $3,366,982 |
Marquis Studios Ltd Brooklyn, NY | $2,435,475 | $3,259,805 |
Skowhegan School Of Painting And Sculpture Inc New York, NY | $36,819,916 | $5,437,614 |