Kentucky Music Educators Assn Inc
- Assets
- $990.5k
- Revenue
- $1.0m
- Investments
- $0.0
- Employees
- 6
- Location
- Richmond, KY
- Founding
- 05/1974
- Data as of
- 06/2022
- EIN
- 61-0735492
Organization Overview
Kentucky Music Educators Assn Inc is located in Richmond, KY. The organization was established in 1974. According to its NTEE Classification (A6E) the organization is classified as: Performing Arts Schools, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 06/2022, Kentucky Music Educators Assn Inc employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Kentucky Music Educators Assn 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 06/2022, Kentucky Music Educators Assn Inc generated $1.0m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.6%) each year. All expenses for the organization totaled $1.2m during the year ending 06/2022. 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 ORGANIZATION'S MISSION IS TO ADVANCE THE CAUSE OF MUSIC EDUCATION THROUGHOUT THE COMMONWEALTH OF KENTUCKY BY ENCOURAGING THE STUDY AND MAKING OF MUSIC BY ALL OF THE POPULATION AND BY SERVING AS A STRONG ADVOCATE FOR ISSUES AFFECTING THE ACCOMPLISHMENT OF THAT MISSION. KMEA ORGANIZES AND PRODUCES A VARIETY OF ACTIVITIES WHICH INCLUDE THE MUSIC EDUCATION PROFESSIONAL DEVELOPMENT CONFERENCE, PERFORMENCE ASSESSMENT EVENTS FOR MARCHING BANDS, CONCERT CHOIRS, BANDS, ORCHESTRAS, SOLOS, AND ENSEMBLES, AND THE QUARTERLY PUBLICATION OF THE BLUEGRASS MUSIC NEWS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
KMEA CONVENTION, CLINICS, FESTIVALS, AND MARCHING BAND CHAMPIONSHIPS. THE GATHERING OF MEMBERS OF KMEA TO LEARN ADDITIONAL TECHNIQUES FOR TEACHING AND PROMOTING MUSIC EDUCATION, ORGANIZING VENUES FOR YOUNG INDIVIDUAL MUSICIANS, CHOIRS, BANDS, AND ORCHESTRAS TO PROMOTE MUSIC EDUCATION AND DEVELOPMENT.
BLUEGRASS MUSIC NEWS PRODUCTION. THIS QUARTERLY PUBLICATION PROVIDES MEMBERS AND MUSIC EDUCATORS INFORMATION AND RESOURCES TO FUTHER PROMOTE AND AIDE IN MUSIC EDUCATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dr John Stroube Executive Di | OfficerTrustee | 40 | $78,063 |
Melissa Skaggs Associate Di | OfficerTrustee | 40 | $54,130 |
Amy Acklin College/univ | Trustee | 1 | $0 |
Emily Addis District 9 P | Trustee | 1 | $0 |
George Boulden Vice-Preside | OfficerTrustee | 1 | $0 |
Betsy Burkhart District 10 | Trustee | 1 | $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 | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $870,892 |
| Investment income | $71,957 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $32,603 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,002,541 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $132,193 |
| Compensation of current officers, directors, key employees. | $132,193 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $88,289 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $53,679 |
| Payroll taxes | $31,163 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $52,228 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $10,297 |
| Information technology | $5,426 |
| Royalties | $0 |
| Occupancy | $13,502 |
| Travel | $6,835 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $112 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $10,774 |
| All other expenses | $71,005 |
| Total functional expenses | $1,192,255 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $35,105 |
| Savings and temporary cash investments | $21,038 |
| 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 | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $1,356 |
| Investments—publicly traded securities | $931,869 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,138 |
| Total assets | $990,506 |
| Accounts payable and accrued expenses | $10,106 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $0 |
| Total liabilities | $10,106 |
| Net assets without donor restrictions | $940,296 |
| Net assets with donor restrictions | $40,104 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $990,506 |