Monacan Band Boosters Association
- Assets
- $51.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Richmond, VA
- Founding
- 05/1994
- Data as of
- 06/2023
- EIN
- 54-1589966
Organization Overview
Monacan Band Boosters Association is located in Richmond, VA. The organization was established in 1994. According to its NTEE Classification (A6C) the organization is classified as: Bands & Ensembles, 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. Monacan Band Boosters Association 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, Monacan Band Boosters Association generated $64.4k 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 (16.0%) each year. All expenses for the organization totaled $62.1k during the year ending 06/2023. As we would expect to see with falling revenues, expenses have declined by (13.2%) per year over the past 5 years. 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 |
|---|---|---|---|
Raph Novack President | 1 | $0 | |
Tin Nguyen Vice President | 1 | $0 | |
Johna Prestley Secretary | 1 | $0 | |
Kathleen Arguello Treasurer | 6 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $12,440 |
| Total Program Service Revenue | $7,858 |
| Membership dues | $8,570 |
| Investment income | $25 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $35,493 |
| Other Revenue | $0 |
| Total Revenue | $64,386 |
| 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 | $14,925 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $45,655 |
| Total expenses | $62,080 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $49,400 |
| Other assets | $0 |
| Total assets | $51,887 |
| Total liabilities | $0 |
| Net assets or fund balances | $51,887 |