Momentum-Excellence Inc
- Assets
- $1.3m
- Revenue
- $751.2k
- Investments
- $0.0
- Employees
- 20
- Location
- Columbus, OH
- Founding
- 10/2014
- Data as of
- 06/2023
- EIN
- 46-4509725
Organization Overview
Momentum-Excellence Inc is located in Columbus, OH. The organization was established in 2014. According to its NTEE Classification (A70) the organization is classified as: Humanities, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 06/2023, Momentum-Excellence Inc employed 20 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Momentum-Excellence 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 06/2023, Momentum-Excellence Inc generated $751.2k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 7.5% each year. All expenses for the organization totaled $687.8k during the year ending 06/2023. While expenses have increased by 6.6% per year over the past 8 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
MOMENTUM EXCELLENCE ENGAGES CHILDREN IN DANCE, MUSIC AND PERFORMANCE TO DEVELOP LIFELONG HABITS OF SELF-DISCIPLINE, TEAMWORK AND EXCELLENCE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
YEAR-LONG PROGRAM - MOMENTUM TEACHING ARTISTS AND KEYBOARD ACCOMPANISTS LEAD 4TH GRADE BOYS AND GIRLS IN A WEEKLY 45-MINUTE DANCE CLASS DURING THEIR SCHOOL DAY IN ORDER TO DEVELOP LIFE SKILLS THAT LEAD TO PERSONAL AND ACADEMIC SUCCESS. THE PROGRAM SERVES ELEMENTARY SCHOOLS IN THE COLUMBUS CITY AND HILLIARD SCHOOL DISTRICTS. THE PROGRAM CULMINATES IN A SPRING PERFORMANCE AT THE DAVIDSON THEATRE IN DOWNTOWN COLUMBUS. THIS PROGRAM REACHES MORE THAN 850 CENTRAL OHIO CHILDREN.
ADVANCED TEAMS:TEAM EXCEL (TEAM XL) - DANCERS WHO DEMONSTRATE EXCELLENCE AND DISCIPLINE IN THE YEARLONG PROGRAM ARE INVITED TO PARTICIPATE IN TEAM XL. MEMBERS OF THIS GROUP ATTEND DANCE CLASSES DURING OUT OF SCHOOL HOURS IN THE WINTER AND SPRING TO LEARN ADVANCED CHOREOGRAPHY AND REHEARSE ADDITIONAL DANCES THAT ARE PERFORMED IN THE YEAR-END SHOW.TEAM EXTRAORDINARY (TEAM XO) - AFTER COMPLETING THE YEAR-LONG PROGRAM, TEAM XL DANCERS ARE INVITED TO PARTICIPATE AS MEMBERS OF TEAM XO. THIS GROUP ATTENDS DANCE CLASSES, PERFORMS ADDITIONAL DANCES IN THE YEAR-END SHOW AND COMPRISES MOMENTUMS COMMUNITY PERFORMANCE TROUPE. AS SUCH, THEY HAVE SPECIAL OPPORTUNITIES TO PERFORM IN THE COMMUNITY WITH ARTS AND CIVIC ORGANIZATIONS AND AT COMMUNITY EVENTS. XO DANCERS MAY CONTINUE WITH MOMENTUM THROUGH THE EIGHTH GRADE.
RESIDENCIES - IN AN EFFORT TO MEET DEMAND, MOMENTUM CONDUCTS EIGHT-TO-TWELVE-WEEK RESIDENCIES IN ELEMENTARY SCHOOLS FOR CHILDREN FROM FIRST TO FIFTH GRADE. THE RESIDENCY PROGRAM INCLUDES A COMPRESSED VERSION OF THE YEAR-LONG PROGRAM, CULMINATING IN AN IN-SCHOOL PERFORMANCE FOR FELLOW CLASSMATES, FAMILY, FRIENDS AND COMMUNITY MEMBERS TO ENJOY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Monica Kridler Interim Executive Director | OfficerTrustee | 40 | $32,500 |
Katie Ellison Board Secretary | Officer | 1 | $27,904 |
Mark Real Board Member | Trustee | 1 | $0 |
Rochelle Wilkerson Board Member | Trustee | 1 | $0 |
Hartley Suter Board Member | Trustee | 1 | $0 |
Autumn Glover Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $174,757 |
| All other contributions, gifts, grants, and similar amounts not included above | $428,385 |
| Noncash contributions included in lines 1a–1f | $6,310 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $603,142 |
| Total Program Service Revenue | $122,215 |
| Investment income | $14,474 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $4,102 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $751,205 |
| 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. | $60,404 |
| Compensation of current officers, directors, key employees. | $6,321 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $395,614 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $39,376 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $63,661 |
| Advertising and promotion | $5,367 |
| Office expenses | $2,691 |
| Information technology | $7,843 |
| Royalties | $0 |
| Occupancy | $21,572 |
| Travel | $2,245 |
| 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 | $10,123 |
| Insurance | $10,397 |
| All other expenses | $20,650 |
| Total functional expenses | $687,812 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $568,933 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $4,463 |
| Accounts receivable, net | $1,000 |
| 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 | $7,096 |
| Net Land, buildings, and equipment | $17,883 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $655,428 |
| Total assets | $1,254,803 |
| Accounts payable and accrued expenses | $13,625 |
| Grants payable | $0 |
| Deferred revenue | $5,000 |
| 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 | $39,995 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $58,620 |
| Net assets without donor restrictions | $722,989 |
| Net assets with donor restrictions | $473,194 |
| 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 | $1,254,803 |