Alabama School Of Gospel Music Inc
- Assets
- $58.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Boaz, AL
- Founding
- 06/2003
- Data as of
- 12/2022
- EIN
- 74-3078359
Organization Overview
Alabama School Of Gospel Music Inc is located in Boaz, AL. The organization was established in 2003. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Alabama School Of Gospel Music 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 12/2022, Alabama School Of Gospel Music Inc generated $30.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (16.9%) each year. All expenses for the organization totaled $32.5k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (16.9%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
THE ORGANIZATION CONDUCTS TRAINING COURSES IN GOSPEL/SACRED MUSIC. STUDENTS RECEIVE INSTRUCTION IN VARIOUS LEVELS OF GOSPEL MUSIC THEORY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Sexton President | 0 | $0 | |
Bobbie Glassco Executive VP | 0 | $0 | |
David Holcomb Chaplain | 0 | $0 | |
Jeff Adcock Vice President | 0 | $0 | |
Dennis George Vice President | 0 | $0 | |
Susan O'mary Secretary | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $13,578 |
| Total Program Service Revenue | $16,302 |
| Membership dues | $0 |
| Investment income | $90 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $29,970 |
| 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 | $14,685 |
| Occupancy, rent, utilities, and maintenance | $12,733 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $5,119 |
| Total expenses | $32,537 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $58,664 |
| Other assets | $0 |
| Total assets | $58,664 |
| Total liabilities | $847 |
| Net assets or fund balances | $57,817 |