New Music Institute Of Kansas City Inc
- Assets
- $16.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Kansas City, MO
- Founding
- 03/1994
- Data as of
- 06/2021
- EIN
- 43-1648546
Organization Overview
New Music Institute Of Kansas City Inc is located in Kansas City, MO. The organization was established in 1994. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. New Music Institute Of Kansas City 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 06/2021, New Music Institute Of Kansas City Inc generated $31.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (6.0%) each year. All expenses for the organization totaled $18.8k during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (12.3%) per year over the past 6 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
2021
Describe the Organization's Program Activity:
Part 3
TWO NEWEAR CONCERTS, AS WELL AS THE KANSAS CITY CONTEMPORARY MUSIC FESTIVAL, WERE OFFERED VIRTUALLY AND BROADCAST VIA YOUTUBE BECAUSE OF THE COVID-19 PANDEMIC.ALL THREE CONCERTS WERE OFFERED FREE OF CHARGE VIA A LINK ON NEWEAR'S WEBSITE; DONATIONS WERE REQUESTED AND ENCOURAGED.NEWEAR RECEIVED AN UNSOLICITED GIFT FROM THE ROBERT CRAFT IGOR STRAVINSKY FOUNDATION WHICH WILL BE USED TO COMMISSION MUSIC FOR NEWEAR'S 30TH SEASON.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Christina Webster Dma Board Member/artistic | 5 | $1,340 | |
Sharra Wagner Dma Board Member/artistic | 5 | $1,215 | |
Kevin Clarke President/artistic | 5 | $895 | |
Scott Steele Vice President | 5 | $0 | |
William Belden Secretary | 5 | $0 | |
Leah Sproul Dma Treasurer | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $31,840 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $31,840 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $3,450 |
| Professional fees and other payments to independent contractors | $9,726 |
| Occupancy, rent, utilities, and maintenance | $1,942 |
| Printing, publications, postage, and shipping | $331 |
| Other expenses | $3,346 |
| Total expenses | $18,795 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $16,217 |
| Other assets | $0 |
| Total assets | $16,217 |
| Total liabilities | $0 |
| Net assets or fund balances | $16,217 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that New Music Institute Of Kansas City Inc has recieved totaling $24.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $24 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Merit School Of Music Chicago, IL | $32,406,157 | $6,571,408 |
Peoples Music School Inc Chicago, IL | $5,536,992 | $3,227,151 |
The Patrick G and Shirley W Ryan Opera Center Chicago, IL | $0 | $2,321,702 |
Preucil School Of Music Iowa City, IA | $5,696,584 | $1,870,215 |
Kentucky Music Educators Assn Inc Richmond, KY | $990,506 | $1,002,541 |
Hyde Park School Of Dance Chicago, IL | $889,337 | $1,144,142 |
Dayspring School Of The Arts Maryland Heights, MO | $2,572,227 | $1,177,461 |
Suzuki-Orff School For Young Musicians Chicago, IL | $442,454 | $1,030,627 |
Omaha Conservatory Of Music Omaha, NE | $16,180,584 | $429,629 |
Woodlawn Arts Academy Sterling, IL | $415,650 | $718,677 |
Barthelmes Conservatory Inc Tulsa, OK | $226,346 | $568,241 |
Illinois Music Educators Assn Palos Heights, IL | $885,480 | $628,655 |