Shushi Music Academy Inc
- Assets
- $11.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Tujunga, CA
- Founding
- 06/2015
- Data as of
- 12/2021
- EIN
- 47-2829766
Organization Overview
Shushi Music Academy Inc is located in Tujunga, CA. The organization was established in 2015. According to its NTEE Classification (Q11) the organization is classified as: Single Organization Support, under the broad grouping of International, Foreign Affairs & National Security and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Shushi Music Academy 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 12/2021, Shushi Music Academy Inc generated $5.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (21.3%) each year. All expenses for the organization totaled $1.1k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (42.6%) per year over the past 5 years. 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
2021
Describe the Organization's Program Activity:
Part 3
MONEY WIRED TO SHUSHI ARMENIA
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Garen Garibyan President | 10 | $0 | |
Selma Hovsepian Secretary | 10 | $0 | |
Ara Yahinian Treasurer | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,750 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $5,750 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $1,081 |
| Total expenses | $1,081 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $11,936 |
| Other assets | $0 |
| Total assets | $11,936 |
| Total liabilities | $0 |
| Net assets or fund balances | $11,936 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Shushi Music Academy Inc has recieved totaling $5,392.
| Awarding Organization | Amount |
|---|---|
Paypal Charitable Giving Fund Washington, DC PURPOSE: General Support | $5,392 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Iit Bombay Heritage Foundation Cupertino, CA | $11,247,779 | $5,508,477 |
Acts Of Mercy Foundation Rancho Santa Margarita, CA | $9,833,426 | $2,106,440 |
International Foundation For Korea University Inc Los Angeles, CA | $598,434 | $2,461,473 |
Spring Impact Incorporated San Francisco, CA | $945,318 | $1,392,102 |
East-West Center Foundation Honolulu, HI | $18,725,557 | $1,487,119 |
Hospital De La Familia Foundation Berkeley, CA | $3,498,616 | $942,980 |
Maranatha Volunteers International Foundation Inc Roseville, CA | $4,379,779 | $384,974 |
Joni And Friends Foundation Agoura Hills, CA | $16,599,678 | $12,470,149 |
Day One Health Inc Redding, CA | $7,087 | $242,175 |
Landmine Relief Fund Van Nuys, CA | $255,144 | $558,242 |
United States University Of Diplomatic Studies Foundation Scottsdale, AZ | $100,864 | $403,713 |
American Friends Of Koret Israel Economic Development Funds San Francisco, CA | $0 | $0 |