Arconet
- Assets
- $14.8k
- Revenue
- $204.1k
- Investments
- $0.0
- Employees
- 2
- Location
- Lansdale, PA
- Founding
- 08/2013
- Data as of
- 08/2023
- EIN
- 45-5173020
Organization Overview
Arconet is located in Lansdale, PA. The organization was established in 2013. 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 08/2023, Arconet employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Arconet 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 08/2023, Arconet generated $204.1k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (1.4%) each year. All expenses for the organization totaled $195.7k during the year ending 08/2023. As we would expect to see with falling revenues, expenses have declined by (1.6%) per year over the past 8 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE THE PRACTICE, EDUCATION AND PARTICIPATION OF MUSIC AND ARTS AS A VEHICLE OF SOCIAL ACTION AND COMMUNITY DEVELOPMENT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ARCONET'S PROGRAMS AND PROJECTS PROVIDE VAST OPPORTUNITIES FOR CHILDREN AND YOUTH IN THE COMMUNITY WE SERVE. OUR EFFORTS AND MORE THAN 70% OF OUR RESOURCES WERE DEVOTED TO IMPROVE AND EXPAND OUR PROGRAMS/PROJECTS TO EMPOWER STUDENTS AND CHILDREN WITH ARTISTIC, MUSICAL, EDUCATIONAL, CULTURAL AND SOCIAL ACTIVITIES. FURTHERMORE, STUDENTS AND CHILDREN HAVE THE OPPORTUNITY TO WORK WITH PROMINENT MUSICIANS AND EDUCATORS FROM AROUND THE WORLD.LESSONS: STUDENTS TAKING PRIVATE LESSONS AND STUDYING IN THE ORCHESTRAS PERFORM FOR THE COMMUNITY DURING HOLIDAY CONCERTS IN DECEMBER, SPRING AND FALL RECITALS. IN 2022/23, MORE THAN 180 STUDENTS PERFORMED AT SUCH EVENTS REACHING MORE THAN 1,000 COMMUNITY MEMBERS.OUTREACH PROGRAM: ENCOMPASSES CHARITABLE ACTIVITIES THAT PROMOTE QUALITY OF LIFE FOR BOTH PERFORMERS AND THEIR AUDIENCE. TOGETHER WITH THE NEIGHBORHOOD NOTES PROGRAM, PHILADELPHIA PUBLIC LIBRARY AND OTHERS, THE PROGRAM ENCOURAGES YOUNG MUSICIANS TO PERFORM AT RETIREMENT HOMES AND COMMUNITIES IN DISADVANTAGED AREAS. ARCONET'S STUDENTS AND FACULTY THIS YEAR PERFORMANCES INCLUDE: PUBLIC LIBRARY OF PHILADELPHIA (KENSINGTON BRANCH), ACLAMO COMMUNITY CENTER IN NORRISTOWN AND OTHERS.THE FOLLOWING SUMMARIZES THE OUTCOMES OF THE PROGRAMS EXECUTED THIS YEAR:LESSONS AND ORCHESTRA PROGRAMPROJECT: LESSONSATTENDANCE: 234 ENROLLEES - FALL - SPRING - SUMMER SEMESTERSLOCATION: MONTGOMERY COUNTY COMMUNITY COLLEGE, BLUE BELL, PAPROJECT: ORCHESTRASATTENDANCE: 13 ENROLLEES - FALL - SPRING SEMESTERSLOCATION: MONTGOMERY COUNTY COMMUNITY COLLEGE, BLUE BELL, PAPROJECT: WINTER AND SUMMER BOOT CAMPSATTENDANCE: 8 ENROLLEES AND MORE THAN 40 ATTENDEESLOCATION: NORTH PENN CHURCH OF CHRIST, LANSDALE, PAPROJECT: RECITALS - FALL AND SPRINGATTENDANCE: 80 MUSIC PERFORMANCES AND MORE THAN 60 ATTENDEESLOCATION: NORTH PENN CHURCH OF CHRIST, LANSDALE, PAPROJECT: JUNIOR ENSEMBLE - SUMMERATTENDANCE: 20 ENROLLEESLOCATION: NORTH PENN CHURCH OF CHRIST, LANSDALE, PAPROJECT: INTERNATIONAL SPRING FESTIVALATTENDANCE: 25 MUSICIANS, APPROX 50 ATTENDEESLOCATION: NORTH PENN CHURCH OF CHRIST, LANSDALE, PAPROJECT: HOLIDAY CONCERTATTENDANCE: APPROX. 140 ATTENDEESLOCATION: NORTH PENN CHURCH OF CHRIST, LANSDALE, PAPROJECT: SPRING ORCHESTRA CONCERTATTENDANCE: APPROX. 140 ATTENDEESLOCATION: NORTH PENN CHURCH OF CHRIST, LANSDALE, PAPROJECT: DALI QUARTET INTERNATIONAL MUSIC FESTIVALATTENDANCE: 43 ENROLLEESLOCATION: NORTH PENN CHURCH OF CHRIST, NORTH WALES, PAPROJECT: DALI QUARTET INTERNATIONAL MUSIC FESTIVAL- CHAMBER MUSIC FELLOW RECITALATTENDANCE: APPROX. 40 ATTENDEESLOCATION: NORTH PENN CHURCH OF CHRIST, NORTH WALES, PAPROJECT: DALI QUARTET INTERNATIONAL MUSIC FESTIVAL- FACULTY CONCERT BY DALI QUARTETATTENDANCE: APPROX 60 ATTENDEESLOCATION: NORTH PENN CHURCH OF CHRIST, NORTH WALES, PAPROJECT: DALI QUARTET INTERNATIONAL MUSIC FESTIVAL- RECITALSATTENDANCE: APPROX. 40 ATTENDEESLOCATION: NORTH PENN CHURCH OF CHRIST, NORTH WALES, PAPROJECT: DALI QUARTET INTERNATIONAL MUSIC FESTIVAL- CHAMBER ORCHESTRA CONCERTATTENDANCE: APPROX. 60 ATTENDEESLOCATION: NORTH PENN CHURCH OF CHRIST, NORTH WALES, PAPROJECT: TRIO ENSEMBLEATTENDANCE: 3 ENROLLEESLOCATION: NORTH PENN CHURCH OF CHRIST, NORTH WALES, PA
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Adriana Linares President And Artistic Dir | OfficerTrustee | 41 | $40,156 |
Alfredo Perez Executive Director, Treasurer | OfficerTrustee | 17.5 | $2,750 |
Lisa Paino Executive Assistant | Trustee | 30.5 | $27,629 |
Melanie Santana Chairman Of The Board | Trustee | 10 | $0 |
Natty Romera Board Member | Trustee | 0.5 | $0 |
Fracis Jeyaraj Board Member | Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $194 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $194 |
| Total Program Service Revenue | $203,923 |
| Investment income | $8 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| 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 | $204,125 |
| 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. | $69,973 |
| Compensation of current officers, directors, key employees. | $41,291 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $5,711 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,869 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $95,115 |
| Advertising and promotion | $0 |
| Office expenses | $4,594 |
| Information technology | $838 |
| Royalties | $0 |
| Occupancy | $14,770 |
| Travel | $786 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $2,003 |
| All other expenses | $64 |
| Total functional expenses | $195,723 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $9,666 |
| Savings and temporary cash investments | $5,120 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $14,786 |
| Accounts payable and accrued expenses | $4,550 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $4,550 |
| Net assets without donor restrictions | $10,236 |
| 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 | $14,786 |