Southwest Music Academy Inc
- Assets
- $3.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Las Cruces, NM
- Founding
- 03/2009
- Data as of
- 12/2019
- EIN
- 26-2576513
Organization Overview
Southwest Music Academy Inc is located in Las Cruces, NM. The organization was established in 2009. According to its NTEE Classification (N20) the organization is classified as: Camps, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Southwest Music Academy 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, Southwest Music Academy Inc generated $10.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (29.1%) each year. All expenses for the organization totaled $12.3k during the year ending 12/2019. As we would expect to see with falling revenues, expenses have declined by (31.2%) per year over the past 4 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
PROVIDE BAND CAMP WHERE CHILDREN ARE INTRODUCED TO A VARIETY OF INSTRUMENTS AND RECEIVE TRAINING FROM PROFESSIONAL BAND INSTRUCTORS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Neil Swapp President | 5 | $1,400 | |
Jennifer Rogers Vice Pres/se | 2 | $750 | |
Katie Tomicek Treasurer | 2 | $1,200 | |
Joseph Flores Member At La | 2 | $800 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $10,356 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $10,356 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $9,820 |
| Professional fees and other payments to independent contractors | $786 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $249 |
| Other expenses | $1,476 |
| Total expenses | $12,331 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $3,414 |
| Other assets | $0 |
| Total assets | $3,414 |
| Total liabilities | $0 |
| Net assets or fund balances | $3,414 |