Oil Region Music Preservation Museum
- Assets
- $1.2m
- Revenue
- $116.8k
- Investments
- $0.0
- Employees
- 2
- Location
- Franklin, PA
- Founding
- 05/2007
- Data as of
- 12/2021
- EIN
- 25-1709349
Organization Overview
Oil Region Music Preservation Museum, operating under the name Debence Antique Music World, is located in Franklin, PA. The organization was established in 2007. According to its NTEE Classification (A68) the organization is classified as: Music, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2021, Debence Antique Music World employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Debence Antique Music World 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 12/2021, Debence Antique Music World generated $116.8k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 10.3% each year . All expenses for the organization totaled $70.6k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE EDUCATION AND ENJOYMENT FOR THE PUBLIC BY SUSTAINING,PRESERVING, EXHIBITING, AND DEMONSTRATING AN EXTENSIVE COLLECTION OF MECHANICAL MUSIC INSTRUMENTS AND OTHER MUSIC RELATED ITEMS, IN AN ENVIRONMENT APPROPRIATE TO THE AGE OF THE INSTRUMENTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
2021 AGAIN SAW SMALLER NUMBERS OF VISITORS WHO VIEWED DISPLAYS AND LISTENED TO ANTIQUE MUSIC MACHINES AND/OR ATTENDED MINI-EVENTS DUE TO THE CONTINUATION OF THE COVID-19 PANDEMIC. OUR ANNUAL SCHOOL TOURS FOR CHILDREN AND MANY MONTHLY MINI EVENTS THAT NORMALLY BRING IN SEVERAL 100S TO SEE SAMPLES OF MUSIC PLAYED IN HOMES AND PUBLIC PLACES BETWEEN 1850 AND 1980 SAW A HUGE DROP IN ATTENDANCE AS MOST EVENTS AND TOURS WERE CANCELLED DUE TO THE COVID-19 PANDEMIC.
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Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $18,128 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $69,331 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $87,459 |
| Total Program Service Revenue | $6,374 |
| Investment income | $14,398 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $2,111 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $5,437 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $116,800 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $14,929 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $1,360 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,950 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $133 |
| Advertising and promotion | $1,092 |
| Office expenses | $5,121 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $6,904 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $24,072 |
| Insurance | $4,824 |
| All other expenses | $3,279 |
| Total functional expenses | $70,587 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $21,566 |
| Savings and temporary cash investments | $43,295 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $2,202 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $242,799 |
| Investments—publicly traded securities | $182,741 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $704,327 |
| Total assets | $1,196,930 |
| Accounts payable and accrued expenses | $528 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $528 |
| Net assets without donor restrictions | $1,196,402 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,196,930 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Oil Region Music Preservation Museum has recieved totaling $3,024.
| Awarding Organization | Amount |
|---|---|
Mcelhattan Foundation Pittsburgh, PA PURPOSE: GENERAL SUPPORT | $3,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $24 |
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 |