Old Songs Inc
- Assets
- $426.9k
- Revenue
- $459.4k
- Investments
- $0.0
- Employees
- 8
- Location
- Voorheesville, NY
- Founding
- 11/1977
- Data as of
- 07/2023
- EIN
- 22-2173973
Organization Overview
Old Songs Inc is located in Voorheesville, NY. The organization was established in 1977. According to its NTEE Classification (A20) the organization is classified as: Arts & Culture, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 07/2023, Old Songs Inc employed 8 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Old Songs 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 07/2023, Old Songs Inc generated $459.4k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 6.8% each year. All expenses for the organization totaled $356.9k during the year ending 07/2023. While expenses have increased by 2.0% per year over the past 4 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
OLD SONGS INC., CENTERED IN THE NEW YORK STATE CAPITAL REGION, IS A NOT- FOR-PROFIT ORGANIZATION DEDICATED TO KEEPING TRADITIONAL MUSIC AND DANCE ALIVE THROUGH THE PRESENTATION OF FESTIVALS, CONCERTS, DANCES AND EDUCATIONAL PROGRAMS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CONCERTS, DANCES, CLASSES, RESIDENCIES, EDUCATIONAL PROGRAMS AND ANNUAL ARTS FESTIVAL-HISTORICAL AND TRADITIONAL ARTS AND EDUCATION FESTIVAL FEATURING PERFORMERS AND PRESENTATIONS OF A DIVERSE ARRAY OF STYLES AND CULTURES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Barbara Brundage President | Trustee | 2 | $0 |
Casey Burger Board Member | Trustee | 1 | $0 |
Debra Burger Vice Preside | Trustee | 2 | $0 |
Wanda Fischer Board Member | Trustee | 1 | $0 |
Tom Gleason Secretary | Trustee | 2 | $0 |
Ian Hamelin Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $73,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $98,722 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $171,722 |
| Total Program Service Revenue | $237,325 |
| Investment income | $10,877 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $459,368 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| 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 | $85,806 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $2,879 |
| Payroll taxes | $6,564 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $8,538 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $14,826 |
| Office expenses | $21,058 |
| Information technology | $7,300 |
| Royalties | $0 |
| Occupancy | $37,056 |
| Travel | $14,469 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $547 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $5,196 |
| Insurance | $4,089 |
| All other expenses | $0 |
| Total functional expenses | $356,938 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $184,744 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $2,300 |
| 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 | $0 |
| Net Land, buildings, and equipment | $66,830 |
| Investments—publicly traded securities | $133,565 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $39,444 |
| Total assets | $426,883 |
| Accounts payable and accrued expenses | $48,747 |
| 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 | $4,566 |
| Other liabilities | $0 |
| Total liabilities | $53,313 |
| Net assets without donor restrictions | $373,570 |
| 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 | $426,883 |