Folknet-Northeast Ohio Folk & Traditional Music & Dance Society
- Assets
- $161.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Shaker Heights, OH
- Founding
- 03/2015
- Data as of
- 12/2022
- EIN
- 34-1717075
Organization Overview
Folknet-Northeast Ohio Folk & Traditional Music & Dance Society is located in Shaker Heights, OH. The organization was established in 2015. 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. Folknet-Northeast Ohio Folk & Traditional Music & Dance Society 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 12/2022, Folknet-Northeast Ohio Folk & Traditional Music & Dance Society generated $10.3k 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 (75.0%) each year. All expenses for the organization totaled $11.4k during the year ending 12/2022. 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 |
|---|---|---|---|
Charles Mosbrook President | 10 | $0 | |
Robin Stratton Vice-President | 5.5 | $0 | |
William Schilling Treasurer | 12 | $0 | |
Edward Amann Executive Committee Member | 2.33 | $0 | |
Darrell Branch Executive Committee Member | 1 | $0 | |
Patrick Chrosniak Secretary | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $9,223 |
| Total Program Service Revenue | $0 |
| Membership dues | $1,015 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $10,285 |
| 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 | $7,742 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $3,699 |
| Total expenses | $11,441 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $161,056 |
| Other assets | $0 |
| Total assets | $161,056 |
| Total liabilities | $0 |
| Net assets or fund balances | $161,056 |