Lincoln Music Teachers Association
- Assets
- $157.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Lincoln, NE
- Founding
- 03/1990
- Data as of
- 06/2024
- EIN
- 47-0681623
Organization Overview
Lincoln Music Teachers Association is located in Lincoln, NE. The organization was established in 1990. According to its NTEE Classification (B03) the organization is classified as: Professional Societies & Associations, 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. Lincoln Music Teachers Association 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 06/2024, Lincoln Music Teachers Association generated $77.2k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.1% each year. All expenses for the organization totaled $52.2k during the year ending 06/2024. While expenses have increased by 4.7% per year over the past 7 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
2024
Describe the Organization's Program Activity:
Part 3
EVENTS AND PROGRAMS FOR TEACHERS AND THEIR STUDENTS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Krista Hafex Clark President | 1.25 | $0 | |
Lindsay Bartlett President El | 2 | $0 | |
Nancy Binder Treasurer | 2 | $0 | |
Cindy Matz Vice-Preside | 1.25 | $0 | |
Joanna Moody Secretary | 1.25 | $0 | |
Marina Fabrikant Past Preside | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $55,818 |
| Total Program Service Revenue | $11,081 |
| Membership dues | $941 |
| Investment income | $2,173 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $7,222 |
| Other Revenue | $0 |
| Total Revenue | $77,235 |
| 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 | $37,177 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $56 |
| Other expenses | $14,984 |
| Total expenses | $52,217 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $122,552 |
| Other assets | $0 |
| Total assets | $157,885 |
| Total liabilities | $0 |
| Net assets or fund balances | $157,885 |