Ping Providing Instruments For Thenext Generation
- Assets
- $179.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Oak Park, IL
- Founding
- 02/2008
- Data as of
- 06/2022
- EIN
- 20-8476094
Organization Overview
Ping Providing Instruments For Thenext Generation is located in Oak Park, IL. The organization was established in 2008. 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. Ping Providing Instruments For Thenext Generation 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 06/2022, Ping Providing Instruments For Thenext Generation generated $93.0k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 8.3% each year. All expenses for the organization totaled $42.4k during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Nadine Peacock Vice President And Director | 5 | $0 | |
Mary Kay Martire Treasurer And Director | 5 | $0 | |
Sarah Shirk Director | 2 | $0 | |
Bob Spatz Director | 2 | $0 | |
Judy Weik Secretary And Director | 5 | $0 | |
Paul Sikes Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $84,116 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $8,586 |
| Gain or Loss | $249 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $92,951 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $7,183 |
| Professional fees and other payments to independent contractors | $12,676 |
| Occupancy, rent, utilities, and maintenance | $334 |
| Printing, publications, postage, and shipping | $2,544 |
| Other expenses | $13,279 |
| Total expenses | $42,406 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $129,393 |
| Other assets | $0 |
| Total assets | $179,583 |
| Total liabilities | $0 |
| Net assets or fund balances | $179,583 |
Grants Recieved
Over the last fiscal year, we have identified 5 grants that Ping Providing Instruments For Thenext Generation has recieved totaling $1,101.
| Awarding Organization | Amount |
|---|---|
Brackthorn Foundation Chicago, IL PURPOSE: CHARITABLE | $300 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $201 |
John D & Catherine T Macarthur Foundation Chicago, IL PURPOSE: IN SUPPORT OF GENERAL OPERATIONS. | $200 |
John D & Catherine T Macarthur Foundation Chicago, IL PURPOSE: IN SUPPORT OF GENERAL OPERATIONS. | $200 |
John D & Catherine T Macarthur Foundation Chicago, IL PURPOSE: IN SUPPORT OF GENERAL OPERATIONS. | $200 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Grant Park Orchestral Association Chicago, IL | $15,259,948 | $7,547,765 |
Jazz St Louis St Louis, MO | $11,818,193 | $2,884,733 |
Chicago Sinfonietta Inc Chicago, IL | $3,675,444 | $3,506,738 |
Ragtag Film Society Columbia, MO | $1,382,564 | $1,866,748 |
Percussive Arts Society Inc Indianapolis, IN | $5,047,679 | $2,367,696 |
Music Of The Baroque Concert Series Inc Chicago, IL | $2,610,285 | $1,900,263 |
Radio Arts Foundation Clayton, MO | $3,517,540 | $1,458,263 |
Great American Songbook Foundation Inc Carmel, IN | $8,944,393 | $1,441,715 |
Glenview Stars Hockey Assn 5 Glenview Ice Center Glenview, IL | $561,491 | $1,280,609 |
Saturday In The Park Inc Sioux City, IA | $111,911 | $911,266 |
Birch Creek Music Performance Center Inc Egg Harbor, WI | $4,670,702 | $1,564,605 |
Intonation Music Workshop Chicago, IL | $400,867 | $959,526 |