Kithara Project Inc
- Assets
- $32.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Boston, MA
- Founding
- 08/2015
- Data as of
- 08/2022
- EIN
- 47-3559665
Organization Overview
Kithara Project Inc is located in Boston, MA. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Kithara Project 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 08/2022, Kithara Project Inc generated $125.7k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 18.1% each year . All expenses for the organization totaled $161.1k during the year ending 08/2022. 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
KITHARA PROJECT OPERATES TUITION-FREE CLASSICAL GUITAR PROGRAMS FOR AT-RISK YOUTH IN THE US AND MEXICO. ITS THREE PRINCIPAL PROGRAMS ARE LOCATED IN ALLSTON, MA; ALBUQUERQUE, NM; AND MEXICO CITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Matthew Rohde Co-Executive Director | 20 | $17,121 | |
Adam Levin Co-Executive Director | 10 | $8,200 | |
Madeleine Knutson Treasurer | 0.5 | $5,100 | |
Erin Young Dir Operations & Develop | 10 | $2,400 | |
Faith Mccoy Scriven President | 0.5 | $0 | |
Kenny Hill Board Member | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $125,724 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $2 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $125,726 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $77,574 |
| Professional fees and other payments to independent contractors | $11,435 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $175 |
| Other expenses | $18,547 |
| Total expenses | $161,073 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $22,344 |
| Other assets | $0 |
| Total assets | $32,024 |
| Total liabilities | $6,749 |
| Net assets or fund balances | $25,275 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Kithara Project Inc has recieved totaling $44,679.
| Awarding Organization | Amount |
|---|---|
Charlesview Inc Brighton, MA PURPOSE: COMMUNITY BASED GUITAR CURRICULUM | $25,000 |
Paypal Charitable Giving Fund Washington, DC PURPOSE: General Support | $13,679 |
Schwab Charitable Fund San Francisco, CA PURPOSE: ARTS, CULTURE & HUMANITIES | $6,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Jazz At Lincoln Center Inc New York, NY | $222,896,771 | $27,240,751 |
Handel And Haydn Society Boston, MA | $29,038,335 | $22,868,295 |
Groton Hill Music Inc Groton, MA | $210,830,113 | $41,196,688 |
Newport Festivals Foundation Inc Essex, MA | $20,080,911 | $11,132,304 |
Whyhunger Inc New York, NY | $5,607,325 | $7,869,621 |
Caramoor Center For Music & The Arts Inc Katonah, NY | $49,439,168 | $6,140,543 |
Save The Music Foundation New York, NY | $5,156,662 | $8,206,045 |
Rockport Music Inc Rockport, MA | $31,791,427 | $3,720,672 |
American Friends Of Les Arts Florissants Inc New York, NY | $1,107,997 | $2,546,808 |
Chicken & Egg Pictures Inc Brooklyn, NY | $9,525,742 | $4,390,371 |
Young Concert Artists Inc New York, NY | $10,777,916 | $2,607,839 |
New Music Usa Inc New York, NY | $21,074,524 | $3,287,635 |