Broadneck Music Boosters Inc
- Assets
- $72.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Annapolis, MD
- Founding
- 12/1991
- Data as of
- 06/2024
- EIN
- 52-1693189
Organization Overview
Broadneck Music Boosters Inc is located in Annapolis, MD. The organization was established in 1991. According to its NTEE Classification (B94) the organization is classified as: Parent & Teacher Groups, 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. Broadneck Music Boosters 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 06/2024, Broadneck Music Boosters Inc generated $143.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (7.4%) each year. All expenses for the organization totaled $204.4k during the year ending 06/2024. As we would expect to see with falling revenues, expenses have declined by (3.6%) per year over the past 9 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
2024
Describe the Organization's Program Activity:
Part 3
BROADNECK MUSIC BOOSTERS FINANCIALLY SUPPORT THE MUSIC PROGRAMSAND STUDENTS FINANCIALLY WITH INSTRUMENTS, TRANSPORTATION,MUSIC, INSTRUCTION, FESTIVALS, ETC. ALL FUNDS ARE PAID WITH FUNDS FROM THE BOOSTERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Marleen Thornton President | 10 | $0 | |
Lisa Davisson Vice President | 10 | $0 | |
Sherida Thomas Treasurer | 10 | $0 | |
Alison Moore Secretary | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $16,499 |
| Total Program Service Revenue | $0 |
| Membership dues | $106,594 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $20,483 |
| Other Revenue | $0 |
| Total Revenue | $143,576 |
| 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 | $1,375 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $971 |
| Other expenses | $202,103 |
| Total expenses | $204,449 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $69,172 |
| Other assets | $0 |
| Total assets | $72,038 |
| Total liabilities | $0 |
| Net assets or fund balances | $72,038 |