Pianos For People
- Assets
- $841.0k
- Revenue
- $577.7k
- Investments
- $0.0
- Employees
- 14
- Location
- St Louis, MO
- Founding
- 09/2015
- Data as of
- 12/2022
- EIN
- 47-4084512
Organization Overview
Pianos For People is located in St Louis, MO. The organization was established in 2015. According to its NTEE Classification (A20) the organization is classified as: Arts & Culture, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2022, Pianos For People employed 14 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Pianos For People 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 12/2022, Pianos For People generated $577.7k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 24.1% each year . All expenses for the organization totaled $401.6k during the year ending 12/2022. While expenses have increased by 19.5% 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDING PIANOS TO FINANCIALLY CHALLENGED FAMILIES AND ORGANIZATIONS; CHANGING LIVES THROUGH MUSIC
Describe the Organization's Program Activity:
Part 3 - Line 4a
PIANOS FOR PEOPLE BREAKS DOWN FINANCIAL BARRIERS THAT PREVENT THOSE FROM DISADVANTAGED BACKGROUNDS FROM ACCESSING THE MANY WELL-DOCUMENTED BENEFITS OF PLAYING THE PIANO. WE PROVIDE ACCESS TO MUSIC TO THOSE WHO NEED IT MOST BY PROVIDING QUALITY PIANOS, LESSONS, SUMMER CAMPS AND COMMUNITY ACTIVITIES AT NO COST.SINCE OUR INCEPTION IN 2012, PIANOS FOR PEOPLE HAS SOURCED AND DELIVERED OVER 380 FREE, QUALITY PIANOS TO PEOPLE WHO COULD NOT OTHERWISE AFFORD AN INSTRUMENT. IN 2022, WE WERE ABLE TO SOURCE, SERVICE AND DELIVER 37 PIANOS. SEE SCHEDULE OWE OPENED OUR FIRST FREE PIANO SCHOOL IN 2014 IN SOUTH ST. LOUIS AND A SECOND SCHOOL IN OCTOBER 2016 IN FERGUSON, MO. IN 2022, WE PROVIDED FREE GROUP AND PRIVATE LESSONS, MUSIC PRODUCTION WORKSHOPS, AND EVENTS TO OVER 210 STUDENTS. OUR FREE SUMMER PIANO CAMPS OFFER A SAFE, ENRICHING ACTIVITY DURING THOSE CRITICAL OUT-OF-SCHOOL MONTHS. THIS PAST SUMMER, OVER 160 YOUTH PARTICIPATED IN CAMPS OVER A FOUR-WEEK PERIOD.IN ADDITION TO MUSIC EDUCATION, OUR EFFORTS CENTER AROUND PERSONAL GROWTH AND CHARACTER DEVELOPMENT INCLUDING CONFIDENCE BUILDING, SELF-DISCIPLINE AND AN EMOTIONAL WELLBEING.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Manchisi President | OfficerTrustee | 1 | $0 |
Jeanne Townsend Vice President | OfficerTrustee | 1 | $0 |
Hope Horn Treasurer | OfficerTrustee | 1 | $0 |
Patricia Eastman Secretary | OfficerTrustee | 1 | $0 |
James E Butler Director | Trustee | 1 | $0 |
Mark Golde Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $71,768 |
| Related organizations | $0 |
| Government grants | $1,640 |
| All other contributions, gifts, grants, and similar amounts not included above | $489,490 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $562,898 |
| Total Program Service Revenue | $0 |
| Investment income | $12,039 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $2,767 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $577,704 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,500 |
| 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. | $80,257 |
| Compensation of current officers, directors, key employees. | $12,038 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $181,872 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $13,516 |
| Payroll taxes | $21,941 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $10,708 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $2,404 |
| Fees for services: Other | $11,174 |
| Advertising and promotion | $4,301 |
| Office expenses | $18,047 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $13,156 |
| Travel | $225 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,848 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $7,758 |
| Insurance | $9,477 |
| All other expenses | $0 |
| Total functional expenses | $401,594 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $220,492 |
| Savings and temporary cash investments | $159,866 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $2,250 |
| Prepaid expenses and deferred charges | $3,891 |
| Net Land, buildings, and equipment | $23,895 |
| Investments—publicly traded securities | $430,570 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $840,964 |
| Accounts payable and accrued expenses | $8,977 |
| 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 | $0 |
| Total liabilities | $8,977 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| 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 | $831,987 |
| Total liabilities and net assets/fund balances | $840,964 |