Young Musicians Of Alamance
- Assets
- $80.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Burlington, NC
- Founding
- 03/2016
- Data as of
- 06/2023
- EIN
- 81-1286442
Organization Overview
Young Musicians Of Alamance is located in Burlington, NC. The organization was established in 2016. 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. Young Musicians Of Alamance 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 06/2023, Young Musicians Of Alamance generated $104.3k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 7.4% each year. All expenses for the organization totaled $175.7k during the year ending 06/2023. 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
GENERAL PROGRAM - YOUNG MUSICIANS OF ALAMANCE (YMA) IS A 501C3 NONPROFIT ORGANIZATION THAT OFFERS INSTRUMENTAL AND GENERAL MUSIC EDUCATION TO ELEMENTARY, MIDDLE, AND HIGH SCHOOL STUDENTS. WE OFFER GENERAL MUSIC, STRING LESSONS (VIOLIN, VIOLA, CELLO, BASS), WIND BAND (FLUTE, CLARINET, TRUMPET, TROMBONE), MODERN BAND (UKULELE, BASS, KEYBOARD, DRUMS), BUCKET DRUMMING, SMALL GROUP CLASSES (PIANO, UKULELE, GUITAR, PERCUSSION) SONG, AND MOVEMENT ACTIVITIES FOR ALL LEVELS OF PLAYERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ekin Ustunel Executive Director | 40 | $29,744 | |
Shelley Realini President | 10 | $0 | |
Robert Byrd Member | 2 | $0 | |
Paul Mellander Member | 2 | $0 | |
Thelma Gardiner Vice President | 1 | $0 | |
Marcia Livesay Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $103,139 |
| Total Program Service Revenue | $765 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $400 |
| Total Revenue | $104,304 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $80,188 |
| Professional fees and other payments to independent contractors | $42,247 |
| Occupancy, rent, utilities, and maintenance | $1,982 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $40,140 |
| Total expenses | $175,707 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $78,144 |
| Other assets | $0 |
| Total assets | $80,542 |
| Total liabilities | $51,729 |
| Net assets or fund balances | $28,813 |