Academy Of Music Production Education And Development
- Assets
- $1.2m
- Revenue
- $1.4m
- Investments
- $0.0
- Employees
- 24
- Location
- Louisville, KY
- Founding
- 04/2015
- Data as of
- 12/2020
- EIN
- 47-1113120
Organization Overview
Academy Of Music Production Education And Development is located in Louisville, KY. The organization was established in 2015. According to its NTEE Classification (A68) the organization is classified as: Music, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2020, Academy Of Music Production Education And Development employed 24 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Academy Of Music Production Education And Development 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 12/2020, Academy Of Music Production Education And Development generated $1.4m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 44.0% each year . All expenses for the organization totaled $598.8k during the year ending 12/2020. While expenses have increased by 32.4% per year over the past 5 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
TO PUT KINDNESS, GUIDANCE AND SUPPORT INTO PRACTICE WITH THE USE OF MUSIC EDUCATION, MUSIC CREATION AND PERFORMANCE THAT WILL HELP OUR YOUTH TO BECOME CARING, CAREER-MINDED AND COMMUNITY-FOCUSED CITIZENS WHO WILL IMPACT THEIR ENVIRONMENT IN A POSITIVE WAY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MUSIC EDUCATION, CREATION AND PERFORMANCE ACTIVITIES WERE PROVIDED TO YOUTH AND INCLUDED DRUMS, BASS GUITAR, ACOUSTIC GUITAR, PIANO, SAXOPHONE, AUDIO PRODUCTION, AUDIO ENGINEERING, CREATIVE WRITING, MUSIC THEORY, VIDEO PRODUCTION, VOICE, HIP HOP DANCE, AND TUTORING ACTIVITIES WERE HELD MONDAY-FRIDAY FROM 4 00 PM TO 8 00 PM
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dave Christopher Sr CEO | Officer | 40 | $103,464 |
David Maddox Secretary | OfficerTrustee | 1 | $0 |
Sean Wachsman Board Chair | OfficerTrustee | 1 | $0 |
Jim Gravitt Treasurer | OfficerTrustee | 1 | $0 |
Meghan Greeley Vice Chair | OfficerTrustee | 1 | $0 |
Harold Allen Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $10,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,389,433 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,399,433 |
| Total Program Service Revenue | $36,125 |
| Investment income | $0 |
| 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 | $1,435,558 |
| 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. | $103,464 |
| Compensation of current officers, directors, key employees. | $25,251 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $235,055 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $27,083 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $19,975 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $9,900 |
| Advertising and promotion | $580 |
| Office expenses | $36,853 |
| Information technology | $19,103 |
| Royalties | $0 |
| Occupancy | $10,324 |
| Travel | $17,902 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $15,845 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $9,330 |
| Insurance | $5,745 |
| All other expenses | $7,305 |
| Total functional expenses | $598,784 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,110,136 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,375 |
| 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 | $3,027 |
| Net Land, buildings, and equipment | $39,885 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,154,423 |
| Accounts payable and accrued expenses | $27,020 |
| 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 | $248,607 |
| Total liabilities | $275,627 |
| Net assets without donor restrictions | $341,926 |
| Net assets with donor restrictions | $536,870 |
| 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 | $1,154,423 |
Grants Recieved
Over the last fiscal year, we have identified 15 grants that Academy Of Music Production Education And Development has recieved totaling $1,430,820.
| Awarding Organization | Amount |
|---|---|
James Graham Brown Foundation Inc Louisville, KY PURPOSE: AMPED RUSSELL TECHNOLOGY BUSINESS INCUBATOR AND THE TECHNOLOGY WORKFORCE DEVELOPMENT PROGRAM | $500,000 |
Rockefeller Foundation New York, NY PURPOSE: TOWARD THE COSTS OF ESTABLISHING A SMALL BUSINESS INCUBATOR TO PROVIDE TECHNICAL ASSISTANCE TO THE UNDERSERVED AND UNDERREPRESENTED BLACK AND LATINX TECHNOLOGY BUSINESSES AND ENTREPRENEURS IN THE RUSSELL NEIGHBORHOOD OF LOUISVILLE, KENTUCKY | $250,000 |
Humana Foundation Inc Louisville, KY PURPOSE: COMMUNITY PARTNERS PROGRAM GRANT | $200,000 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $102,737 |
Yum Brands Foundation Inc Louisville, KY PURPOSE: UNRESTRICTED CONTRIBUTIONS TO 501(C)(3) | $100,000 |
Metro United Way Inc Louisville, KY PURPOSE: To support youth programming | $78,421 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Country Music Association Inc Nashville, TN | $102,178,283 | $43,001,334 |
Grant Park Orchestral Association Chicago, IL | $15,259,948 | $7,547,765 |
Jazz St Louis St Louis, MO | $11,818,193 | $2,884,733 |
Birthplace Of Country Music Alliance Bristol, TN | $15,699,295 | $2,559,665 |
Musicians On Call Inc Nashville, TN | $3,633,934 | $3,486,106 |
Chicago Sinfonietta Inc Chicago, IL | $3,675,444 | $3,506,738 |
Ragtag Film Society Columbia, MO | $1,382,564 | $1,866,748 |
Percussive Arts Society Inc Indianapolis, IN | $5,047,679 | $2,367,696 |
Rainey Institute Cleveland, OH | $11,251,048 | $1,722,143 |
Musical Arts Assn Orch End Fd Brooklyn, OH | $16,962,824 | $1,881,945 |
Music Of The Baroque Concert Series Inc Chicago, IL | $2,610,285 | $1,900,263 |
Radio Arts Foundation Clayton, MO | $3,517,540 | $1,458,263 |