Lancaster Conservatory Of Music Inc
- Assets
- $79.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Lancaster, PA
- Founding
- 10/1997
- Data as of
- 12/2019
- EIN
- 23-2850150
Organization Overview
Lancaster Conservatory Of Music Inc is located in Lancaster, PA. The organization was established in 1997. 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. Lancaster Conservatory Of Music 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, Lancaster Conservatory Of Music Inc generated $29.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (5.8%) each year. All expenses for the organization totaled $24.6k during the year ending 12/2019. As we would expect to see with falling revenues, expenses have declined by (4.7%) per year over the past 5 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
2019
Describe the Organization's Program Activity:
Part 3
LOW-COST MUSIC INSTRUCTION FOR DESERVING STUDENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Leithmann Vice Preside | 10 | $0 | |
Dr Neal S Harnly Secretary | 10 | $0 | |
Phyllis Sauder Director At | 1 | $0 | |
Tim Freund Webmaster | 1 | $0 | |
Jerrold M Smoker Treasurer | 15 | $0 | |
Caroline Smith Morton Director At | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $12,712 |
| Total Program Service Revenue | $17,075 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $29,787 |
| 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 | $810 |
| Occupancy, rent, utilities, and maintenance | $9,951 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $13,789 |
| Total expenses | $24,550 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $6,910 |
| Other assets | $0 |
| Total assets | $79,406 |
| Total liabilities | $33,455 |
| Net assets or fund balances | $45,951 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Lancaster Conservatory Of Music Inc has recieved totaling $10,000.
| Awarding Organization | Amount |
|---|---|
Dobson Foundation Inc Lancaster, PA PURPOSE: TO ACCOMPLISH 501C3 PURPOSE | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Whyhunger Inc New York, NY | $5,607,325 | $7,869,621 |
Caramoor Center For Music & The Arts Inc Katonah, NY | $49,439,168 | $6,140,543 |
Save The Music Foundation New York, NY | $5,156,662 | $8,206,045 |
American Friends Of Les Arts Florissants Inc New York, NY | $1,107,997 | $2,546,808 |
Chicken & Egg Pictures Inc Brooklyn, NY | $9,525,742 | $4,390,371 |
Young Concert Artists Inc New York, NY | $10,777,916 | $2,607,839 |
Play On Philly Philadelphia, PA | $3,128,034 | $1,933,765 |
New Music Usa Inc New York, NY | $21,074,524 | $3,287,635 |
Original Music Workshop Inc Brooklyn, NY | $4,224,196 | $2,706,667 |
Aaron Copland Fund For Music Inc New York, NY | $18,112,112 | $2,664,671 |
Liveconnections Org Philadelphia, PA | $1,829,032 | $2,774,957 |
Sing For Hope Inc New York, NY | $2,840,187 | $1,889,471 |