The Washington Balalaika Society Inc
- Assets
- $68.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Fairfax, VA
- Founding
- 06/1990
- Data as of
- 06/2023
- EIN
- 54-1533423
Organization Overview
The Washington Balalaika Society Inc is located in Fairfax, VA. The organization was established in 1990. According to its NTEE Classification (A24) the organization is classified as: Folk Arts, 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. Washington Balalaika Society 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 06/2023, Washington Balalaika Society Inc generated $45.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (24.6%) each year. All expenses for the organization totaled $63.0k during the year ending 06/2023. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Janet Bohm President | 20 | $0 | |
June Whelan Vice President | 20 | $0 | |
Art Shaw Director | 5 | $0 | |
Pat Scherago Director | 5 | $0 | |
Jim Pope Director | 5 | $0 | |
Claudia Dwass Director | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $16,447 |
| Total Program Service Revenue | $24,181 |
| Membership dues | $2,900 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $45,299 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $560 |
| Professional fees and other payments to independent contractors | $29,853 |
| Occupancy, rent, utilities, and maintenance | $3,055 |
| Printing, publications, postage, and shipping | $5,277 |
| Other expenses | $24,247 |
| Total expenses | $62,992 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $68,491 |
| Other assets | $0 |
| Total assets | $68,491 |
| Total liabilities | $0 |
| Net assets or fund balances | $68,491 |
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