Wisconsin School Music Association Inc Wsma
- Assets
- $1.9m
- Revenue
- $1.4m
- Investments
- $0.0
- Employees
- 12
- Location
- Waunakee, WI
- Founding
- 06/1940
- Data as of
- 06/2021
- EIN
- 39-0813464
Organization Overview
Wisconsin School Music Association Inc Wsma is located in Waunakee, WI. The organization was established in 1940. According to its NTEE Classification (B03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Education and related organizations. As of 06/2022, Wisconsin School Music Association Inc Wsma employed 12 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Wisconsin School Music Association Inc Wsma 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 06/2021, Wisconsin School Music Association Inc Wsma generated $1.4m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (6.2%) each year. All expenses for the organization totaled $1.3m during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (5.6%) per year over the past 7 years. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
OUR MISSION IS PROVIDE STATEWIDE MUSIC PROGRAMMING ACTIVITIES, OFFER LEADERSHIP AND SUPPORT FOR SCHOOL MUSIC PROGRAMS, AND ADVANCE MUSIC AS AN INTEGRAL PART OF THE SCHOOL CURRICULUM AND COMMUNITY LIFE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
WISCONSIN SCHOOL MUSIC ASSOCIATION PROVIDES EDUCATIONAL PROGRAMMING FOR WISCONSIN STUDENTS AND TEACHERS. OUR PROGRAMMING INCLUDES THE STATE HONORS PROJECT, DISTRICT & STATE SOLO/ENSEMBLE FESTIVALS, STUDENT COMPOSITION PROJECT, STATE MARCHING BAND CHAMPIONSHIPS, PROFESSIONAL LEARNING WORKSHOPS, AND THE NEWEST OPPORTUNITY, WSMA ACA U (A CAPPELLA SUMMER CAMP). APPROXIMATELY 135,000 STUDENTS, GRADES 1-12, AND 2,150 EDUCATORS BENEFIT FROM OUR PROGRAMS EVERY YEAR.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Laurie Fellenz Executive Di | Officer | 26 | $77,838 |
Rich Appel President | OfficerTrustee | 5 | $0 |
Steve Plank President El | OfficerTrustee | 4 | $0 |
Richard Parks Past Preside | OfficerTrustee | 4 | $0 |
Peggy Ryan Director | Trustee | 2 | $0 |
Heidi Taylor-Eliopoulos Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $517,991 |
| Investment income | $471 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $22,986 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,401,958 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $200 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $156,226 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $520,293 |
| Pension plan accruals and contributions | $25,263 |
| Other employee benefits | $87,703 |
| Payroll taxes | $48,809 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $6,941 |
| Fees for services: Accounting | $11,615 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $48,197 |
| Office expenses | $18,927 |
| Information technology | $78,542 |
| Royalties | $1,150 |
| Occupancy | $66,920 |
| Travel | $6,146 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $12,098 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $56,879 |
| Insurance | $11,718 |
| All other expenses | $0 |
| Total functional expenses | $1,340,174 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $305,239 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $164,053 |
| 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 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,873,703 |
| Accounts payable and accrued expenses | $98,709 |
| Grants payable | $0 |
| Deferred revenue | $21,975 |
| 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 | $545,512 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $385 |
| Total liabilities | $666,581 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | $1,207,122 |