Leonard School of Music Inc
- Assets
- $1.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- North Charleston, SC
- Founding
- Data as of
- 12/2016
- EIN
- 27-2901115
Organization Overview
Leonard School of Music Inc is located in North Charleston, SC. Leonard School 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 12/2016, Leonard School of Music Inc generated $94.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (10.8%) each year. All expenses for the organization totaled $97.0k during the year ending 12/2016. As we would expect to see with falling revenues, expenses have declined by (10.5%) per year over the past 2 years. 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 |
|---|---|---|---|
Maralee Barela Executive Dir. | 25 | $9,769 | |
William Mcsweeney Chairman | 4 | $0 | |
Denise Kroninger Treasurer | 10 | $0 | |
Melissa Finch Secretary | 2 | $0 | |
Janet Sanders Vice Chairman | 8 | $0 | |
Bruce Gonzalez At Large Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,841 |
| Total Program Service Revenue | $82,012 |
| Membership dues | $5,089 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $4,417 |
| Other Revenue | $0 |
| Total Revenue | $94,485 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $24,891 |
| Professional fees and other payments to independent contractors | $45,882 |
| Occupancy, rent, utilities, and maintenance | $15,971 |
| Printing, publications, postage, and shipping | $151 |
| Other expenses | $10,068 |
| Total expenses | $96,963 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $1,482 |
| Other assets | $0 |
| Total assets | $1,482 |
| Total liabilities | $127 |
| Net assets or fund balances | $1,355 |
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