Verona Summer Music
- Assets
- $84.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Verona, NJ
- Founding
- 10/2000
- Data as of
- 06/2024
- EIN
- 22-3662080
Organization Overview
Verona Summer Music is located in Verona, NJ. The organization was established in 2000. 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. Verona Summer Music 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 06/2024, Verona Summer Music generated $78.7k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 3.2% each year. All expenses for the organization totaled $74.9k during the year ending 06/2024. While expenses have increased by 2.4% per year over the past 9 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
2024
Describe the Organization's Program Activity:
Part 3
SUMMER MUSIC INSTRUCTION/ENRICHMENT PROGRAM FOR ELEMENTARY, MIDDLE AND HIGH SCHOOL STUDENTS OF VERONA, NJ
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Max Morden President | 40 | $9,000 | |
Robyn Morden Secretary | 30 | $4,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $78,689 |
| Membership dues | $0 |
| Investment income | $1 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $78,690 |
| 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 | $37,400 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $37,508 |
| Total expenses | $74,908 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $83,692 |
| Other assets | $0 |
| Total assets | $84,350 |
| Total liabilities | $78,517 |
| Net assets or fund balances | $5,833 |