Pennridge Music Association
- Assets
- $80.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Silverdale, PA
- Founding
- 01/1980
- Data as of
- 06/2024
- EIN
- 23-2036198
Organization Overview
Pennridge Music Association is located in Silverdale, PA. The organization was established in 1980. 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. Pennridge Music Association 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, Pennridge Music Association generated $63.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (10.5%) each year. All expenses for the organization totaled $68.1k during the year ending 06/2024. As we would expect to see with falling revenues, expenses have declined by (10.5%) per year over the past 8 years. 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
STUDENT AND SENIOR AWARDS AND BANQUET
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Karen Mitura President | 5 | $0 | |
Amy Wayland Vice President Fundraising | 5 | $0 | |
Sarah Rotella Vice President Communicati | 5 | $0 | |
Jackie Lofaro Secretary | 5 | $0 | |
Tina Good Treasurer(though 6/30/24) | 5 | $0 | |
Stephen Wayland Treasurer(current) | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,006 |
| Total Program Service Revenue | $29,026 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $31,105 |
| Other Revenue | $38 |
| Total Revenue | $63,175 |
| 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 | $855 |
| Occupancy, rent, utilities, and maintenance | $5,141 |
| Printing, publications, postage, and shipping | $1,000 |
| Other expenses | $61,072 |
| Total expenses | $68,068 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $72,322 |
| Other assets | $0 |
| Total assets | $80,306 |
| Total liabilities | $0 |
| Net assets or fund balances | $80,306 |