Allegro Music School Inc
- Assets
- $112.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 10
- Location
- Brookline, MA
- Founding
- 09/2003
- Data as of
- 12/2023
- EIN
- 22-3859424
Organization Overview
Allegro Music School Inc is located in Brookline, MA. The organization was established in 2003. According to its NTEE Classification (A6E) the organization is classified as: Performing Arts Schools, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2023, Allegro Music School Inc employed 10 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Allegro Music School 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 12/2023, Allegro Music School Inc generated $134.4k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 1.3% each year. All expenses for the organization totaled $129.8k during the year ending 12/2023. 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
2023
Describe the Organization's Program Activity:
Part 3
EDUCATION IN PLAYING AND APPRECIATION OF MUSIC
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Doina Simovici President/director | 45 | $60,091 | |
Kathleen Hogan Clerk/director | 0 | $0 | |
Lisa Macdonald Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,200 |
| Total Program Service Revenue | $128,812 |
| Membership dues | $0 |
| Investment income | $1,421 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $134,433 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $101,303 |
| Professional fees and other payments to independent contractors | $5,400 |
| Occupancy, rent, utilities, and maintenance | $6,204 |
| Printing, publications, postage, and shipping | $297 |
| Other expenses | $16,624 |
| Total expenses | $129,828 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $112,854 |
| Other assets | $0 |
| Total assets | $112,854 |
| Total liabilities | $159 |
| Net assets or fund balances | $112,695 |