Upbeat Academy Foundation
- Assets
- $14.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- New Orleans, LA
- Founding
- 01/2015
- Data as of
- 12/2022
- EIN
- 46-1269947
Organization Overview
Upbeat Academy Foundation is located in New Orleans, LA. The organization was established in 2015. According to its NTEE Classification (O50) the organization is classified as: Youth Development Programs, under the broad grouping of Youth Development and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Upbeat Academy Foundation 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, Upbeat Academy Foundation generated $72.0k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 6.4% each year. All expenses for the organization totaled $80.9k during the year ending 12/2022. While expenses have increased by 11.9% per year over the past 6 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
SINCE 2012, UPBEAT ACADEMY FOUNDATION HAS PROVIDED FREE MUSIC PRODUCTION PROGRAMMING TO OVER ONE HUNDRED UNDERSERVED MIDDLE AND HIGH SCHOOL STUDENTS FROM OVER TEN DIFFERENT SCHOOLS IN THE GREATER NEW ORLEANS AREA. ONE HUNDRED PERCENT OF STUDENTS WHO HAVE SUCCESSFULLY COMPLETED UPBEAT ACADEMY'S PROGRAM HAVE ALSO ATTAINED ALL NECESSARY CREDITS FOR HIGH SCHOOL GRADUATION. TO DATE, FIVE UPBEAT ACADEMY GRADUATES HAVE GONE ON TO PURSUE MUSIC PRODUCTION DEGREES AT THE COLLEGIATE LEVEL, WITH TWO OF THESE GRADUATES RETURNING TO UPBEAT AS PAID INSTRUCTORS. STUDENTS WILL BE PERFORMING FOR THE THIRD TIME AT THIS YEAR'S BUKU MUSIC + ARTS PROJECT IN NEW ORLEANS. UPBEAT ACADEMY HAS RECENTLY EXPANDED OUR EFFORTS TO PROVIDE MUSIC ENRICHMENT FOR INCARCERATED YOUTH IN ORLEANS PARISH PRISON'S JUVENILE DETENTION CENTER AND BEGINNING IN THE SUMMER OF 2018, UPBEAT WILL PARTNER WITH COVENANT HOUSE, A SHELTER FOR RUNAWAY YOUTH, TO PROVIDE WEEKLY MUSIC PRODUCTION WORKSHOPS AT THEIR NEW ORLEANS FACILITY. FOR INQUIRIES OR MORE INFORMATION ABOUT OUR PROGRAM PLEASE CONTACT: MATTHEW@UPBEATACADEMY.ORG.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Reeves Price Vice President | 5 | $0 | |
Dante Dipasquale President | 5 | $0 | |
Andrew Clements Secretary | 5 | $0 | |
Peter M Prevot Jr Treasurer | 5 | $0 | |
Charles Corpening Executive Dir. | 30 | $33,990 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $62,697 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $9,288 |
| Total Revenue | $71,985 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $36,609 |
| Professional fees and other payments to independent contractors | $24,658 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $444 |
| Other expenses | $19,213 |
| Total expenses | $80,924 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $12,231 |
| Other assets | $0 |
| Total assets | $13,962 |
| Total liabilities | $0 |
| Net assets or fund balances | $13,962 |