Walton Band Parents Association Inc
- Assets
- $725.9k
- Revenue
- $324.7k
- Investments
- $0.0
- Employees
- 0
- Location
- Marietta, GA
- Founding
- 10/1979
- Data as of
- 06/2021
- EIN
- 58-1368337
Organization Overview
Walton Band Parents Association Inc is located in Marietta, GA. The organization was established in 1979. According to its NTEE Classification (A68) the organization is classified as: Music, 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. Walton Band Parents Association 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 06/2021, Walton Band Parents Association Inc generated $324.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (12.5%) each year. All expenses for the organization totaled $148.7k during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (21.4%) per year over the past 7 years. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE PRIMARY PURPOSE IS TO SUPPORT THE ACTIVITIES OF THE BAND, ORCHESTRA GUARD PROGRAMS AT WALTON HIGH SCHOOL. THIS IS ACCOMPLISHED BY SUPPORTING STUDENTS WITH RESPECT TO THE STUDY OF INSTRUMENTAL MUSIC, FUND RAISING ACTIVITIES, MANAGEMENT OF INCOME AND EXPENSES, PROVIDING SUPERVISION ASSISTANCE TO THE BAND DIRECTOR
Describe the Organization's Program Activity:
Part 3 - Line 4a
TRAVEL, CONFERENCES FEES FOR FESTIVALS, PARADES, COMPETITIONS AWARDS, PLAQUES, PROPS, BANQUETS AND HOSPITALITY AND SHEET MUSIC
PAYMENTS TO PROFESSIONALS TO ASSIST AND TEACH THE BAND AND ORCHESTRA MUSIC STUDENTS AND PROVIDE SECURITY FOR STUDENTS AND FACULTY / PRINTING / POSTAGE
PURCHASE AND RENTAL OF MUSICAL INSTRUMENTS AND OTHER EQUIPMENT FOR BAND AND ORCHESTRA INCLUDING REPAIRS AND MAINTENANCE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Regina Rozza Secretary | OfficerTrustee | 10 | $0 |
Corinnr Hodges Guard Representative | OfficerTrustee | 10 | $0 |
Shannon Creasman Co VP - Fundraising | OfficerTrustee | 10 | $0 |
Richard Creasman Co VP - Fundraising | OfficerTrustee | 10 | $0 |
David Wilson Co VP - Fundraising | OfficerTrustee | 10 | $0 |
Jennifer Mcclish Co VP - Admin | OfficerTrustee | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $30,886 |
| Investment income | $233 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $48,593 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $324,722 |
| Statement of Expenses | |
|---|---|
| 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. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,150 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $99,033 |
| Advertising and promotion | $0 |
| Office expenses | $1,174 |
| Information technology | $1,374 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $51 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $131 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,737 |
| All other expenses | $0 |
| Total functional expenses | $148,697 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $38,593 |
| Savings and temporary cash investments | $673,016 |
| 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 | $6,000 |
| Prepaid expenses and deferred charges | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $8,296 |
| Total assets | $725,905 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $433,054 |
| 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 | $10,000 |
| Total liabilities | $443,054 |
| 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 |
| Total liabilities and net assets/fund balances | $282,851 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Walton Band Parents Association Inc has recieved totaling $188.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $188 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Country Music Association Inc Nashville, TN | $102,178,283 | $43,001,334 |
Gasparilla Music Foundation Inc Tampa, FL | $1,064,591 | $5,545,638 |
Birthplace Of Country Music Alliance Bristol, TN | $15,699,295 | $2,559,665 |
Musicians On Call Inc Nashville, TN | $3,633,934 | $3,486,106 |
Latin Grammy Cultural Foundation Doral, FL | $2,673,582 | $2,064,873 |
Florida West Coast Symphony Inc Endowment Tr Sarasota, FL | $31,410,388 | $1,333,679 |
Clearwater Jazz Holiday Foundation Inc Clearwater, FL | $1,252,742 | $1,598,944 |
Varna International Music Academy Columbia, SC | $449,855 | $1,227,146 |
Nu Deco Ensemble Inc Miami, FL | $264,007 | $1,216,119 |
Blues Foundation Inc Memphis, TN | $4,533,935 | $1,249,645 |
Bach Festival Society Of Winter Park Winter Park, FL | $4,981,220 | $1,213,306 |
Songbirds Foundation Inc Chattanooga, TN | $16,669,845 | $490,877 |