Friends Of Music Of Stamford N Y Inc
- Assets
- $49.7k
- Revenue
- $59.2k
- Investments
- $0.0
- Employees
- 0
- Location
- Stamford, NY
- Founding
- 11/1993
- Data as of
- 12/2019
- EIN
- 22-3256836
Organization Overview
Friends Of Music Of Stamford N Y Inc is located in Stamford, NY. The organization was established in 1993. According to its NTEE Classification (A60) the organization is classified as: Performing Arts, 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. Friends Of Music Of Stamford N Y 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, Friends Of Music Of Stamford N Y Inc generated $59.2k in total revenue. This represents relatively stable growth, over the past 2 years the organization has increased revenue by an average of 2.7% each year. All expenses for the organization totaled $50.8k during the year ending 12/2019. While expenses have increased by 3.5% per year over the past 2 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
2019
Describe the Organization's Mission:
Part 3 - Line 1
ORGANIZE AND PRODUCE 9 AFFORDABLY PRICED DONATION - NO ONE WOULD BE TURNED AWAY - MUSICAL CONCERTS OPEN TO THE PUBLIC AT STAMFORD UNITED METHODIST CHURCH. FEATURING CLASSICALLY TRAINED MUSICIANS DRAWING AUDIENCES FROM LOCAL AND SURROUNDING TOWNS AND COMMUNITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SEPTEMBER 2019 CONCERT - PEGASUS THE ORCHESTRA. 17 PIECE ORCHESTRA WITH DIRECTOR/CONDUCTOR/PIANIST, KARÉN HAKOBYAN. APPLIED FOR A GRANT FOR ADDITIONAL FUNDS VIA ROXBURY ARTS GROUP - THE NEW YORK STATE COUNCIL ON THE ARTS DECENTRALIZATION GRANT, WHICH WE RECEIVED $2,500.00
JUNE 2019 CONCERT - ATTACCA A QUARTET ENSEMBLE PERFORMED. APPLIED FOR A MATCHING GRANT VIA THE A. LINDSAY & OLIVE B. AND O'CONNOR FOUNDATION, WHICH WE RECEIVED AND WERE ABLE TO MATCH INCOMING DONATIONS TO RECEIVE THE FULL AMOUNT OF THE GRANT AS REQUESTED, $2,500
APRIL 2019 CONCERT - AMERICAN BRASS QUINTET. OTHER THAN OUR MAIN GRANTOR, THE ROBINSON-BROADHURST FOUNDATION, WHOSE FUNDS APPLY TO THE ENTIRE SEASON'S OPERATING BUDGET, NO OTHER INDIVIDUAL GRANTS WERE APPLIED FOR.
MAY, JULY, AUGUST, OCTOBER, NOVEMBER & DECEMBER 2019 CONCERTS COMBINED TOGETHER (LARGEST 3 CONCERTS BY EXPENSE ITEMIZED PREVIOUSLY).
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sara Evans Business Administrator & Treasurer | OfficerTrustee | 8 | $5,390 |
Dusanka Miscevic Artistic Director | OfficerTrustee | 6 | $3,400 |
Marianne Mukai Web Director | Officer | 1 | $900 |
Miriam Sharick President/recording Secretary | OfficerTrustee | 2 | $0 |
Marcella Gonzales Vice President | OfficerTrustee | 0.05 | $0 |
Michael Kane Member At Large | Trustee | 0.15 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $53,528 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $53,528 |
| Total Program Service Revenue | $5,535 |
| Investment income | $132 |
| 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 | $59,195 |
| 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. | $9,690 |
| Compensation of current officers, directors, key employees. | $6,550 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $29,550 |
| Advertising and promotion | $2,960 |
| Office expenses | $1,745 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $1,070 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,770 |
| All other expenses | $0 |
| Total functional expenses | $50,838 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $633 |
| Savings and temporary cash investments | $49,113 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $49,746 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $49,746 |
| 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 | $49,746 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Friends Of Music Of Stamford N Y Inc has recieved totaling $40,000.
| Awarding Organization | Amount |
|---|---|
Robinson Broadhurst Foundation Inc Stamford, NY PURPOSE: PROGRAMMING CONCERT SERIES | $40,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
New Haven Center For Performing Arts Inc Waterbury, CT | $12,801,705 | $9,109,828 |
Performing Arts Consultants Inc Brick, NJ | $2,328,922 | $7,486,685 |
Shen Yun Performing Arts Inc Cuddebackville, NY | $196,627,077 | $30,836,971 |
Foundation For Contemporary Arts Inc New York, NY | $44,020,214 | $7,582,108 |
National Comedy Center Operator Inc Jamestown, NY | $24,581,570 | $2,926,105 |
World Trade Center Performing Arts Center Inc New York, NY | $505,865,812 | $148,493,145 |
Associated Production Services Inc Trevose, PA | $3,216,743 | $4,781,597 |
The Mattress Factory Pittsburgh, PA | $6,739,687 | $2,768,754 |
Rosies Theater Kids Inc New York, NY | $7,813,636 | $2,330,340 |
Patchogue Village Center For The Performing Arts Inc Patchogue, NY | $1,959,065 | $2,916,141 |
Young Audiences Inc New York, NY | $8,115,904 | $1,935,453 |
Roulette Intermedium Inc Brooklyn, NY | $2,527,656 | $2,724,059 |