Presbyterian Association Of Musicians
- Assets
- $1.4m
- Revenue
- $1.1m
- Investments
- $1.1m
- Employees
- 0
- Location
- Louisville, KY
- Founding
- 12/2017
- Data as of
- 12/2022
- EIN
- 58-1415015
Organization Overview
Presbyterian Association Of Musicians is located in Louisville, KY. The organization was established in 2017. 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. Presbyterian Association Of Musicians 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 12/2022, Presbyterian Association Of Musicians generated $1.1m in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 8.8% each year. All expenses for the organization totaled $677.2k during the year ending 12/2022. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE PRESBYTERIAN ASSOCIATION OF MUSICIANS EDUCATES, ENRICHES, AND ENGAGES ITS MEMBERSHIP IN HUMANITY'S CHIEF END: TO GLORIFY AND ENJOY GOD FOREVER. OUR MOST SIGNIFICANT ACTIVITIES INCLUDE THREE ANNUAL CONFERENCES AND A MEMBERSHIP TO THE ORGANIZATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
WORSHIP & MUSIC CONFERENCES:IN 2022, PAM CONTINUED HOSTING TWO WORSHIP & MUSIC CONFERENCES: 1-WEEK IN-PERSON AND ONE HYBRID (IN-PERSON AND ONLINE). THE PURPOSE WAS TO OFFER AN ONLINE OPTION TO THOSE MEMBERS STILL NOT COMFORTABLE ATTENDING IN-PERSON EVENTS AND TO MODEL AND PROVIDE BEST PRACTICES TO THOSE CHURCHES OFFERING HYBRID SERVICES. IN 2022, 116 PEOPLE ATTENDED ONLINE AND 1,245 IN-PERSON OVER THE TWO WEEKS. ALL 1,361 RECEIVED ACCESS TO THE RECORDINGS OF THE ONLINE SERVICES FOR THE REMAINDER OF THE YEAR. THE 2022 ATTENDANCE NUMBERS WERE 95% OF 2019 PRE-COVID ATTENDANCE NUMBERS, EXCEEDING OUR BUDGET PROJECTIONS AND ACHIEVING ITS GOAL TO PROVIDE VALUABLE RESOURCES TO ITS MEMBERSHIP TO UTILIZE FOR THE COMING CHURCH YEAR.
MEMBERSHIP:MEMBER SERVICES OF THE PRESBYTERIAN ASSOCIATION OF MUSICIANS PROVIDE INFORMATION AND ACTIVITIES DESIGNED AROUNG THE ORGANIZATION'S BELIEF THAT FORMATIVE AND COLLABORATIVE EXPERIENCES WITH GOD AND NEIGHBOR NURTURE RELATIONSHIPS AND CREATE COMMUNITY.
CALL TO WORSHIP SUBSCRIPTIONS:THE CALL TO WORSHIP: LITURGY, MUSIC, PREACHING, AND THE ARTS QUARTERLY JOURNAL IS PUBLISHED BY THE OFFICE OF THEOLOGY AND WORSHIP OF THE PRESBYTERIAN CHURCH (U.S.A.) AND SERVES AS PAM'S PROFESSIONAL JOURNAL. IT IS PROVIDED TO ALL PAM MEMBERS IN PRINT AND/OR ELECTRONICALLY THROUGH THE MEMBERS ONLY WEBSITE. THE ANNUAL LECTIONARY AIDS ISSUE PROVIDES WORSHIP AND MUSIC RESOURCES BASED ON THE SCRIPTURES OF THE REVISED COMMON LECTIONARY, INCLUDING OPENING SENTENCES, PRAYERS OF THE DAY, HYMN AND SONG SUGGESTIONS, AND ANTHEM SELECTIONS. THREE THEMATIC ISSUES IN EACH VOLUME OF CALL TO WORSHIP INCLUDE REGULAR COLUMNS ON LITURGY, MUSIC, PREACHING, AND THE ARTS; ADDITIONAL LITURGICAL IDEAS AND RESOURCES; BOOK AND MUSIC REVIEWS; AND LITURGICAL ARTWORK.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mark Kemp President | OfficerTrustee | 0 | $0 |
Emily Floyd Ccm President-Elect | OfficerTrustee | 0 | $0 |
Elizabeth Parler Secretary | OfficerTrustee | 0 | $0 |
Kaitlyn Darvos Board Member | Trustee | 0 | $0 |
Brian Lew Dr Board Member | Trustee | 0 | $0 |
Adam Ward Dr Board Member | Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $592,829 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $592,829 |
| Total Program Service Revenue | $550,555 |
| Investment income | $19,692 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $983 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$107,362 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,110,026 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $273 |
| 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. | $107,413 |
| Compensation of current officers, directors, key employees. | $42,965 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $51,213 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $10,847 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $15 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $7,397 |
| Office expenses | $21,665 |
| Information technology | $57,847 |
| Royalties | $770 |
| Occupancy | $7,897 |
| Travel | $38,981 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $334,275 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $9,066 |
| All other expenses | $0 |
| Total functional expenses | $677,165 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $244,173 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $2,115 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $29,582 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $1,147,976 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,423,846 |
| Accounts payable and accrued expenses | $13,383 |
| Grants payable | $0 |
| Deferred revenue | $98,651 |
| 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 | $6,050 |
| Total liabilities | $118,084 |
| 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 |
| Retained earnings, endowment, accumulated income, or other funds | $1,305,762 |
| Total liabilities and net assets/fund balances | $1,423,846 |