Iowa City Music Auxiliary Inc
- Assets
- $93.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Coralville, IA
- Founding
- 02/1999
- Data as of
- 07/2023
- EIN
- 42-1482992
Organization Overview
Iowa City Music Auxiliary Inc is located in Coralville, IA. The organization was established in 1999. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Iowa City Music Auxiliary 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 07/2023, Iowa City Music Auxiliary Inc generated $16.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (17.1%) each year. All expenses for the organization totaled $41.4k during the year ending 07/2023. As we would expect to see with falling revenues, expenses have declined by (8.4%) per year over the past 8 years. 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
2023
Describe the Organization's Program Activity:
Part 3
- COVERED CLEANING FEES FOR MARCHING BAND UNIFORMS, TUXEDOS, AND DRESSES FOR HIGH SCHOOL MUSICAL GROUPS- COVERED ENTRY FEES AND TRANSPORTATION FOR STUDENTS TO ATTEND MUSIC FESTIVALS- PROVIDED DISCRETIONARY FUNDS FOR ALL BAND, CHOIR, AND ORCHESTRA DIRECTORS AT THE HIGH SCHOOL, JUNIOR HIGH AND ELEMENTARY SCHOOLS TO COVER EXPENSES SUCH AS SHEET MUSIC, MUSIC FOLDERS, SUBSCRIPTION FEES, VISITING MUSICIAN CLINICS, STUDENTS AWARDS AND VARIOUS OTHER EXPENSES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Melanie Hansen Treasurer | 2 | $0 | |
Tracy Keuter President | 2 | $0 | |
Sara May Bellizzi Secretary | 0 | $0 | |
Maureen Young Information Dir | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $7,984 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $84 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $7,970 |
| Other Revenue | $0 |
| Total Revenue | $16,038 |
| 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 | $525 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $1,993 |
| Other expenses | $38,858 |
| Total expenses | $41,376 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $93,220 |
| Other assets | $0 |
| Total assets | $93,220 |
| Total liabilities | $0 |
| Net assets or fund balances | $93,220 |