Take Note Studio Inc
- Assets
- $58.1k
- Revenue
- $276.6k
- Investments
- $0.0
- Employees
- 13
- Location
- Manitowoc, WI
- Founding
- 02/2017
- Data as of
- 12/2021
- EIN
- 81-1951566
Organization Overview
Take Note Studio Inc is located in Manitowoc, WI. The organization was established in 2017. According to its NTEE Classification (B28) the organization is classified as: Special Education, under the broad grouping of Education and related organizations. As of 12/2021, Take Note Studio Inc employed 13 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Take Note Studio 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 12/2021, Take Note Studio Inc generated $276.6k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 10.8% each year . All expenses for the organization totaled $236.8k during the year ending 12/2021. While expenses have increased by 8.7% per year over the past 5 years. They've been increasing with an increasing level of total revenue. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TAKE NOTE STUDIO, INC.'S MISSION IS TO TEACH MUSIC AND THEATER TO CHILDREN AGES 0-18, ESPECIALLY THOSE FROM UNDERSERVED POPULATIONS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TAKE NOTE STUDIO, INC. TEACHES KINDERMUSIK (MUSIC AND MOVEMENT CLASSES FOR CHILDREN AGES 0-7), MUSICAL THEATER, AND PROVIDES GROUP AND PRIVATE INSTRUMENT LESSONS. THEIR OUTREACH PROGRAMS INCLUDE A SCHOLARSHIP PROGRAM FOR ANYONE WHO REQUESTS FINANCIAL ASSISTANCE FOR MUSIC CLASSES AND LESSONS, LOCAL WORK WITH PARENT EDUCATION SERVICES TO PROVIDE FREE MUSIC, AND PARENTING CLASSES TO AT-RISK PARENTS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jessica Hanson Executive Director | Officer | 40 | $70,080 |
Patti Roth Vice President | Officer | 1 | $0 |
Susan Koeberl Secretary | Officer | 1 | $0 |
Kelly Brusky Treasurer | Officer | 1 | $0 |
Kristin Worth Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $23,850 |
| All other contributions, gifts, grants, and similar amounts not included above | $5,680 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $29,530 |
| Total Program Service Revenue | $230,513 |
| Investment income | $30 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $276,604 |
| 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. | $70,080 |
| Compensation of current officers, directors, key employees. | $7,008 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $72,021 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $11,542 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $3,579 |
| 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 | $20,030 |
| Advertising and promotion | $18,464 |
| Office expenses | $3,227 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $7,796 |
| Travel | -$827 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $7,047 |
| All other expenses | $3,645 |
| Total functional expenses | $236,809 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | -$8 |
| Savings and temporary cash investments | $41,617 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $16,531 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $58,140 |
| Accounts payable and accrued expenses | $2,689 |
| 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 | $2,689 |
| 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 | $55,451 |
| Total liabilities and net assets/fund balances | $58,140 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Take Note Studio Inc has recieved totaling $3,119.
| Awarding Organization | Amount |
|---|---|
Ruth St John & John Dunham West Foundation Inc Manitowoc, WI PURPOSE: RESTRICTED | $3,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $119 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Special Education Services North Aurora, IL | $31,632,053 | $51,559,990 |
Hope School Springfield, IL | $21,982,147 | $30,686,089 |
El Valor Corporation Chicago, IL | $18,984,764 | $27,352,024 |
Elim Christian Services Crestwood, IL | $24,694,365 | $26,170,413 |
Search Inc Chicago, IL | $24,962,467 | $21,927,520 |
Hoyleton Youth And Family Services Fairview Heights, IL | $12,821,253 | $20,105,613 |
Leslie Shankman School Corporation Chicago, IL | $18,541,071 | $14,894,001 |
La Causa Inc Milwaukee, WI | $21,522,910 | $16,623,620 |
Summit Academy Oic Minneapolis, MN | $17,542,372 | $16,544,974 |
Groves Academy St Louis Park, MN | $27,486,120 | $17,504,895 |
Giant Steps Illinois Inc Lisle, IL | $11,784,298 | $12,524,007 |
Chileda Institute Inc La Crosse, WI | $16,643,719 | $12,257,585 |