Payson Council For The Musical Arts Inc
- Assets
- $32.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Payson, AZ
- Founding
- 03/2002
- Data as of
- 12/2021
- EIN
- 30-0053320
Organization Overview
Payson Council For The Musical Arts Inc is located in Payson, AZ. The organization was established in 2002. According to its NTEE Classification (A68) the organization is classified as: Music, 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. Payson Council For The Musical Arts 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 12/2021, Payson Council For The Musical Arts Inc generated $170.1k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 15.0% each year . All expenses for the organization totaled $185.1k during the year ending 12/2021. While expenses have increased by 19.6% per year over the past 6 years. They've been increasing with an increasing level of total revenue. 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
2021
Describe the Organization's Program Activity:
Part 3
TO TEACH, PROMOTE, FACILITATE THE APPRECIATION OF CLASSICAL, JAZZ, NEWAGE BLUES & TRADITIONAL FOLK MUSIC. THROUGH CONCERTS & RADIO 15,000 INDIV
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Chris Higgins President | 40 | $50,500 | |
Steve Smith Vice President | 40 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $170,142 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $170,142 |
| 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 | $92,612 |
| Occupancy, rent, utilities, and maintenance | $44,594 |
| Printing, publications, postage, and shipping | $98 |
| Other expenses | $47,746 |
| Total expenses | $185,050 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $8,135 |
| Other assets | $0 |
| Total assets | $32,434 |
| Total liabilities | $4,500 |
| Net assets or fund balances | $27,934 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Payson Council For The Musical Arts Inc has recieved totaling $6,000.
| Awarding Organization | Amount |
|---|---|
Desert Financial Credit Union Phoenix, AZ PURPOSE: 2022 SPONSORSHIP RENEWAL | $6,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Musicares Foundation Inc Santa Monica, CA | $28,828,154 | $32,357,649 |
San Francisco Jazz Organization San Francisco, CA | $64,965,614 | $11,913,007 |
Jazz At Aspen-Snowmass Aspen, CO | $5,325,438 | $11,239,996 |
Music Concourse Community Partnership San Francisco, CA | $31,271,076 | $4,428,131 |
Berkeley Music Group Berkeley, CA | $6,181,022 | $4,579,247 |
Colorado Music Festival Boulder, CO | $2,219,616 | $3,012,496 |
Amp The Cause Denver, CO | $134,793 | $2,222,228 |
Kronos Performing Arts Assn San Francisco, CA | $1,591,460 | $2,774,082 |
Monterey Jazz Festival Monterey, CA | $3,593,346 | $4,129,138 |
Strings Music Festival Steamboat Springs, CO | $9,630,765 | $2,301,723 |
Swallow Hill Music Association Denver, CO | $6,215,784 | $6,402,960 |
Youth On Record Denver, CO | $1,879,684 | $1,486,408 |