Music Mentors Inc
- Assets
- $112.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Mentor, OH
- Founding
- 12/1974
- Data as of
- 05/2023
- EIN
- 23-7419901
Organization Overview
Music Mentors Inc is located in Mentor, OH. The organization was established in 1974. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Music Mentors 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 05/2023, Music Mentors Inc generated $53.9k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (0.5%) each year. All expenses for the organization totaled $39.5k during the year ending 05/2023. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Angie Arslanian President | 2 | $0 | |
Julie Bates Treasurer | 2 | $0 | |
Amy Freeman Vice President | 2 | $0 | |
Beatrice Goldberg Secretary | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $8,579 |
| Total Program Service Revenue | $0 |
| Membership dues | $32 |
| Investment income | $7 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $45,260 |
| Other Revenue | $0 |
| Total Revenue | $53,878 |
| 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 | $1,800 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $299 |
| Other expenses | $4,780 |
| Total expenses | $39,459 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $112,744 |
| Other assets | $0 |
| Total assets | $112,744 |
| Total liabilities | $0 |
| Net assets or fund balances | $112,744 |