Preucil School Of Music is located in Iowa City, IA. The organization was established in 1977. According to its NTEE Classification (A6E) the organization is classified as: Performing Arts Schools, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 07/2024, Preucil School Of Music employed 81 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Preucil School Of Music 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 07/2024, Preucil School Of Music generated $1.4m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 0.1% each year. All expenses for the organization totaled $1.5m during the year ending 07/2024. While expenses have increased by 1.4% per year over the past 9 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
2024
Describe the Organization's Mission:
Part 3 - Line 1
THE PREUCIL SCHOOL OF MUSIC PROVIDES EXCELLENCE IN MUSIC AND EARLY CHILDHOOD EDUCATION BASED ON THE SUZUKI PHILOSOPHY OF INSTRUCTION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE PREUCIL SCHOOL OF MUSIC PROVIDES MUSIC INSTRUCTION, LESSONS, PROGRAMS, WORKSHOPS AND RECITAL OPPORTUNITIES FOR HUNDREDS OF STUDENTS ANNUALLY RANGING FROM NEWBORNS TO ADULTS. THE SCHOOL'S OBJECTIVES ARE TO PROVIDE MUSIC TO STUDENTS AT A YOUNG AGE, ENCOURAGE THEM TO LEARN MUSIC MUCH LIKE THEIR NATIVE LANGUAGE, AND PROVIDE THE ABILITY FOR ALL INDIVIDUALS TO IMPROVE THEIR MUSICAL TALENTS. THE PREUCIL SCHOOL OF MUSIC IS DEDICATED TO THE DEVELOPMENT OF ABILITY IN ALL CHILDREN. THE SCHOOL TEACHES ACCORDING TO THE PHILOSOPHY OF SHINICHI SUZUKI, WHO HAS PROVEN THAT PARTICULAR TALENTS ARE NOT INBORN, AND THAT ALL CHILDREN CAN DEVELOP THEIR ABILITIES IN MUSIC AND OTHER AREAS TO A HIGH LEVEL IF THEY LEARN IN THE MANNER THAT THEY LEARNED TO SPEAK THEIR "MOTHER TONGUE." THE PREUCIL SCHOOL OFFERS EXCELLENCE IN EARLY CHILDHOOD EDUCATION AND MUSIC INSTRUCTION FOR STUDENTS OF ALL AGES IN A CARING, NURTURING ENVIRONMENT. IT HELPS PARENTS AND CHILDREN TO SHARE IN THE LEARNING PROCESS, SERVES AS A CENTER FOR INVOLVEMENT IN VARIED EARLY CHILDHOOD AND MUSICAL ACTIVITIES, AND ATTEMPTS TO CREATE A RICH MUSICAL AND EDUCATIONAL ENVIRONMENT IN THE COMMUNITY. PREUCIL PRESCHOOL IS A PLAY-BASED FINE ARTS PRESCHOOL, INSPIRED BY THE REGGIO APPROACH AND THE SUZUKI METHOD. THE PRESCHOOL FOCUSES ON CREATIVITY, IMAGINATION AND EXPLORATION. THE GOAL IS TO HELP EACH CHILD GROW AND LEARN IN ALL AREAS OF HUMAN EXPERIENCE AS IT FOSTERS COOPERATION, CARING, CONFIDENCE, ACTION, INTELLECT, KNOWLEDGE, BEAUTY, AND INHERENT MOTIVATION. PREUCIL SCHOOL OFFERS MUSIC TOGETHER, AN INNOVATIVE EARLY CHILDHOOD EDUCATION PROGRAM KNOWN NATIONWIDE AND AROUND THE WORLD. USING THE PLAYFUL AND CAREFULLY THOUGHT-OUT SERIES OF MUSIC TOGETHER CLASSES, SPECIALLY TRAINED TEACHERS GUIDE YOUNG CHILDREN AND THE GROWNUPS WHO LOVE THEM AS THEY EXPERIENCE RHYTHM, SONG, CULTURE AND COMMUNITY. EACH CLASS BRINGS TOGETHER A SMALL GROUP OF PARENTS OR CAREGIVERS AND THEIR CHILDREN NEWBORN TO AGE 5, GUIDED BY A TEACHER WHO PROVIDES THE MUSIC, TOOLS AND GUIDANCE. THE PREUCIL SCHOOL BELIEVES MUSIC TRAINING IS LIFE TRAINING, OF EQUAL IMPORTANCE TO ALL CHILDREN REGARDLESS OF ECONOMIC STATUS. IT AIMS TO KEEP TUITION AFFORDABLE AND OFFERS AID TO THOSE STUDENTS IN NEED OF ASSISTANCE WHO DEMONSTRATE A DESIRE TO LEARN.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Sonja Zeithamel Director, Trustee | OfficerTrustee | 40 | $80,596 |
Lisa Guttenburg Assistant Director, Trustee | OfficerTrustee | 40 | $60,682 |
Bill Preucil Artist Faculty, Trustee | Trustee | 3 | $72 |
Doris Preucil Secretary | OfficerTrustee | 0.5 | $0 |
Katie Kahler Trustee | Trustee | 0.5 | $0 |
Saif Sami Trustee | Trustee | 0.5 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $4,607 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $136,190 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $140,797 |
Total Program Service Revenue | $1,130,670 |
Investment income | $151,775 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | -$395 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $762 |
Miscellaneous Revenue | $0 |
Total Revenue | $1,423,609 |
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. | $141,351 |
Compensation of current officers, directors, key employees. | $65,178 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $929,424 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $608 |
Payroll taxes | $82,729 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $16,506 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $7,798 |
Advertising and promotion | $3,656 |
Office expenses | $57,020 |
Information technology | $8,492 |
Royalties | $0 |
Occupancy | $97,101 |
Travel | $6,532 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $2,151 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $84,909 |
Insurance | $29,611 |
All other expenses | $8,969 |
Total functional expenses | $1,520,310 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $200 |
Savings and temporary cash investments | $410,276 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $144 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $9,669 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $1,457,980 |
Investments—publicly traded securities | $3,847,958 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $12,296 |
Total assets | $5,738,523 |
Accounts payable and accrued expenses | $35,389 |
Grants payable | $0 |
Deferred revenue | $4,800 |
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 | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $40,189 |
Net assets without donor restrictions | $1,960,231 |
Net assets with donor restrictions | $3,738,103 |
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 | $5,738,523 |