Kidznotes
- Assets
- $426.7k
- Revenue
- $822.4k
- Investments
- $25.9k
- Employees
- 36
- Location
- Durham, NC
- Founding
- 10/2009
- Data as of
- 06/2023
- EIN
- 27-0446845
Organization Overview
Kidznotes is located in Durham, NC. The organization was established in 2009. 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 06/2023, Kidznotes employed 36 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Kidznotes 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 06/2023, Kidznotes generated $822.4k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.3% each year. All expenses for the organization totaled $794.0k during the year ending 06/2023. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
KIDZNOTES CATALYZES SOCIAL CHANGE BY PROVIDING COMPREHENSIVE MUSIC EDUCATION, LEADERSHIP OPPORTUNITIES AND CHARACTER-BUILDING EXPERIENCES TO CHILDREN WITH THE FEWEST RESOURCES AND THE GREATEST NEED.
Describe the Organization's Program Activity:
Part 3 - Line 4a
KIDZNOTES IS A MUSIC FOR SOCIAL CHANGE PROGRAM BASED ON THE EL SISTEMA INTERNATIONAL MODEL OF YOUTH ORCHESTRAS. OUR PROGRAM ENROLLS STUDENTS OF TITLE I SCHOOLS IN KINDERGARTEN THROUGH 12TH GRADE IN AN INTENSE OUT-OF- SCHOOL MUSIC PROGRAM THAT INCLUDES INSTRUMENTAL PROVISION AND INSTRUCTIONS, ORCHESTRA, BAND, CHAMBER ENSEMBLE COACHING AND GENERAL MUSIC CLASSES OF BEGINNING, INTERMEDIATE AND ADVANCED PROFICIENCY LEVELS, FREE OF CHARGE. KIDZNOTES USES MUSIC EDUCATION TO PROVIDE STUDENTS WITH THE STRUCTURE, RESPONSIBILITY, AND OPPORTUNITIES FOR SUCCESS THAT HELP TO BUILD TRANSFERABLE SKILLS. OUR TOOL IS MUSIC; OUR GOAL IS TO BUILD THE NEXT GENERATION OF COMMUNITY LEADERS. STUDENTS ATTENDING DURHAM PUBLIC SCHOOLS, WAKE COUNTY PUBLIC SCHOOLS AND SEVERAL PUBLIC CHARTER SCHOOLS IN THE NORTH CAROLINA TRIANGLE AREA WHOSE FAMILIES ARE ELIGIBLE FOR THE NCDPI FREE & REDUCED PRICE SCHOOL MEALS PROGRAM RECEIVE PRIORITY ACCEPTANCE INTO THE KIDZNOTES PROGRAM.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Shana Tucker Executive Di | Officer | 40 | $82,449 |
Meredith Dixon Board Member | Trustee | 1 | $0 |
Tarsha Fletcher Board Member | Trustee | 1 | $0 |
Ramell Gee Board Member | Trustee | 1 | $0 |
Sabrina Jones Vice Chair | OfficerTrustee | 2 | $0 |
Kathleen Morrison Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $44,323 |
| All other contributions, gifts, grants, and similar amounts not included above | $700,644 |
| Noncash contributions included in lines 1a–1f | $10,150 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $744,967 |
| Total Program Service Revenue | $62,167 |
| Investment income | $2,972 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$14,860 |
| Net Income from Fundraising Events | $26,937 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $822,361 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $1,500 |
| 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 | $588,652 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $22,551 |
| Payroll taxes | $42,977 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,664 |
| Fees for services: Accounting | $10,731 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $11,698 |
| Fees for services: Investment Management | $300 |
| Fees for services: Other | $15,831 |
| Advertising and promotion | $1,201 |
| Office expenses | $13,877 |
| Information technology | $5,937 |
| Royalties | $0 |
| Occupancy | $12,800 |
| Travel | $11,051 |
| 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 | $5,547 |
| Insurance | $6,219 |
| All other expenses | $11,795 |
| Total functional expenses | $794,005 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $237,713 |
| Savings and temporary cash investments | $52,520 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $83,289 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $27,292 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $25,901 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $426,715 |
| Accounts payable and accrued expenses | $1,927 |
| 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 | $1,927 |
| Net assets without donor restrictions | $370,011 |
| Net assets with donor restrictions | $54,777 |
| 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 | $426,715 |