Headwaters School Of Music And The Arts is located in Bemidji, MN. The organization was established in 1993. 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. Headwaters School Of Music And The Arts 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, Headwaters School Of Music And The Arts generated $351.6k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 12.7% each year . All expenses for the organization totaled $377.8k during the year ending 12/2022. While expenses have increased by 12.1% per year over the past 8 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE OPPORTUNITIES FOR CREATIVITY THROUGH INSTRUCTION INSPIRE COMMUNITY THROUGH MUSIC AND ARTS
Describe the Organization's Program Activity:
Part 3 - Line 4a
PRIVATE AND GROUP LESSONS IN MANY MUSICAL INSTRUMENTS AND ART FORMS APPROXIMATELY 220 STUDENTS STUDIED IN PRIVATE LESSONS AND 180 PARTICIPATED IN GROUP CLASSES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Patricia Andrews Executive Director | OfficerTrustee | 40 | $49,280 |
Debbie Johnson President | OfficerTrustee | 2 | $0 |
Kirsten Zackman Secretary | OfficerTrustee | 2 | $0 |
Ken Mcdonald Treasurer | OfficerTrustee | 2 | $0 |
Emily Fairchild Director | Trustee | 0.5 | $0 |
Linda Rogers Director | Trustee | 0.5 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $25,865 |
All other contributions, gifts, grants, and similar amounts not included above | $37,240 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $63,105 |
Total Program Service Revenue | $261,037 |
Investment income | $0 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $3,825 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $8,798 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $14,853 |
Miscellaneous Revenue | $0 |
Total Revenue | $351,618 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $49,280 |
Compensation of current officers, directors, key employees. | $24,640 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $200,257 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $17,993 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $18,988 |
Advertising and promotion | $2,329 |
Office expenses | $8,611 |
Information technology | $6,675 |
Royalties | $0 |
Occupancy | $16,412 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $3,155 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $12,782 |
Insurance | $8,371 |
All other expenses | $0 |
Total functional expenses | $377,819 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $33,878 |
Savings and temporary cash investments | $62,160 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
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 | $175,621 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $271,659 |
Accounts payable and accrued expenses | $41,742 |
Grants payable | $0 |
Deferred revenue | $29,335 |
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 | $67,443 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $138,520 |
Net assets without donor restrictions | $133,139 |
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 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $271,659 |
Over the last fiscal year, we have identified 3 grants that Headwaters School Of Music And The Arts has recieved totaling $13,635.
Awarding Organization | Amount |
---|---|
American Endowment Foundation Hudson, OH PURPOSE: ARTS, CULTURE | $12,500 |
Midcontinent Foundation Minneapolis, MN PURPOSE: FUNDS WILL BE USED TOWARD REPLACING SIGNAGE OUTSIDE THE BUILDING. SIGNAGE IS 20 YEARS OLD AND FADED. | $1,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $135 |
Organization Name | Assets | Revenue |
---|---|---|
Iowa County Recorders Association Ottumwa, IA | $2,929,223 | $39,789,803 |
Milwaukee World Festival Inc Milwaukee, WI | $107,459,917 | $5,773,948 |
The Schubert Club St Paul, MN | $22,801,473 | $4,063,918 |
Minnetonka Youth Hockey Association Minnetonka, MN | $11,192,985 | $2,520,815 |
Vocalessence Minneapolis, MN | $7,433,658 | $2,557,414 |
Osseo-Maple Grove Youth Hockey Association Osseo, MN | $2,211,214 | $2,250,377 |
American Composers Forum St Paul, MN | $9,023,516 | $1,393,403 |
Lutheran Music Program Minneapolis, MN | $2,920,609 | $1,763,933 |
Saturday In The Park Inc Sioux City, IA | $111,911 | $911,266 |
Birch Creek Music Performance Center Inc Egg Harbor, WI | $4,670,702 | $1,564,605 |
Quad City Symphony Tr Davenport, IA | $15,204,035 | $748,751 |
Shellabration Inc Fort Dodge, IA | $122,265 | $523,549 |