Hopkinton Music Association
- Assets
- $40.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Hopkinton, MA
- Founding
- 03/2003
- Data as of
- 08/2023
- EIN
- 80-0030083
Organization Overview
Hopkinton Music Association is located in Hopkinton, MA. The organization was established in 2003. 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. Hopkinton Music 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 08/2023, Hopkinton Music Association generated $59.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (6.7%) each year. All expenses for the organization totaled $61.0k during the year ending 08/2023. As we would expect to see with falling revenues, expenses have declined by (5.8%) per year over the past 8 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
2023
Describe the Organization's Program Activity:
Part 3
SUBSIDIZE THE HOPKINTON PUBLIC SCHOOL MUSIC DEPT AS A WHOLE BY CONTRIBUTING TO PURCHASE OF ITEMS TO ENHANCE THE EXPERIENCE OF THE MUSIC STUDENT. THE ORGANIZATION PROVIDED SUPPORT FOR SCHOOL CONCERTS, HOSTED MICCA AND ANNUAL POPS CONCERT, PROVIDED FUNDING FOR LESSON AND SENIOR SCHOLARSHIPS, PROVIDED UNIFORMS FOR THE HS BAND, ADMINISTERED THE PRIVATE LESSON PROGRAM, PRODUCED THE CONCERT BOOKLET, FUNDED ENRICHMENT PROGRAMS, PROVIDED JACKETS FOR HS PEP BAND, FUNDING FOR BUSES FOR MUSIC FESTIVAL, AND CONDUCTED FUNDRAISING ACTIVITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Karen Bograd President | 4 | $0 | |
Karen Bograd Uniform Coor | 0 | $0 | |
Jennifer Beauvais Treasurer | 2 | $0 | |
Julie Franks Lessons Mana | 2 | $0 | |
Denise Antaki Kudos/public | 1 | $0 | |
Chris Hagberg Concert Prog | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $9,522 |
| Total Program Service Revenue | $46,797 |
| Membership dues | $1,618 |
| Investment income | $227 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $918 |
| Other Revenue | $0 |
| Total Revenue | $59,082 |
| 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 | $1,100 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $308 |
| Other expenses | $57,073 |
| Total expenses | $60,981 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $40,745 |
| Other assets | $0 |
| Total assets | $40,745 |
| Total liabilities | $0 |
| Net assets or fund balances | $40,745 |