Monacan Band Boosters Association
- Assets
- $49.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Richmond, VA
- Founding
- 05/1994
- Data as of
- 06/2022
- 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 06/2022, Monacan Band Boosters Association generated $54.4k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.0%) each year. All expenses for the organization totaled $41.4k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (5.7%) per year over the past 7 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 | |
Kathleen Arguello Treasurer | 4 | $0 | |
Tin Nguyen Vice President | 1 | $0 | |
Johna Prestley Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $16,360 |
| Total Program Service Revenue | $5,163 |
| Membership dues | $11,726 |
| Investment income | $2 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $21,173 |
| Other Revenue | $0 |
| Total Revenue | $54,424 |
| 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 | $12,425 |
| Occupancy, rent, utilities, and maintenance | $166 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $27,019 |
| Total expenses | $41,360 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $47,944 |
| Other assets | $0 |
| Total assets | $49,581 |
| Total liabilities | $0 |
| Net assets or fund balances | $49,581 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Music Maker Relief Foundation Inc Hillsborough, NC | $1,058,150 | $1,076,800 |
Lafayette Band Association Lexington, KY | $190,820 | $419,939 |
Municipal Band Of Charlottesville Inc Charlottesville, VA | $2,432,424 | $628,536 |
Riser Foundation Nashville, TN | $49,165 | $0 |
Harps Foundation Richmond, VA | $285,568 | $439,266 |
Playback Memphis Memphis, TN | $2,216,872 | $146,708 |
Dc Strings Workshop Washington, DC | $0 | $256,891 |
Waynesboro Symphony Orchestra Inc Waynesboro, VA | $716,022 | $181,902 |
Brevard Chamber Orchestra Association Inc Brevard, NC | $951,965 | $263,273 |
Music City Youth In The Arts Inc Nashville, TN | $122,900 | $169,405 |
River City Drum Corp Cultural Arts Institute Louisville, KY | $236,852 | $255,756 |
Bowling Green Chamber Orchestra Inc Bowling Green, KY | $0 | $223,157 |