Academie Musique
- Assets
- $18.9k
- Revenue
- $318.5k
- Investments
- $0.0
- Employees
- 25
- Location
- Temple, TX
- Founding
- 07/2016
- Data as of
- 07/2022
- EIN
- 81-2196773
Organization Overview
Academie Musique is located in Temple, TX. 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. As of 07/2022, Academie Musique employed 25 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Academie Musique 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 07/2022, Academie Musique generated $318.5k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 9.3% each year. All expenses for the organization totaled $309.4k during the year ending 07/2022. While expenses have increased by 10.0% 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDES AFFORDABLE MUSIC INSTRUCTION FOR CHILDREN IN THE SURROUNDING COMMMUNITIES THROUGH PRIVATE LESSONS, ENSEMBLES AND SUMMER CAMPS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PRIVATE MUSIC INSTRUCTION
PRIVITE MUSIC LESSONS
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 |
|---|---|---|---|
Nandita Bhat Trustee | OfficerTrustee | $0 | |
Ami Hooper Trustee | OfficerTrustee | $0 | |
Allan Einboden Trustee | OfficerTrustee | $0 | |
Shelley Dennis President | Officer | $0 | |
Gayle Ash President | Trustee | $0 | |
Maria Posey Trustee | Trustee | $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 | $52,855 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $52,855 |
| Total Program Service Revenue | $265,597 |
| Investment income | $0 |
| 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 | $318,452 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $220,288 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $2,586 |
| Payroll taxes | $16,852 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,752 |
| Fees for services: Accounting | $5,380 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $4,442 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $214 |
| Office expenses | $3,118 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $15,654 |
| Travel | $873 |
| 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 | $0 |
| All other expenses | $8,661 |
| Total functional expenses | $309,434 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $18,909 |
| Savings and temporary cash investments | $0 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $18,909 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $18,909 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $18,909 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Academie Musique has recieved totaling $579.
| Awarding Organization | Amount |
|---|---|
Pfizer Foundation Inc New York, NY PURPOSE: MATCHING GIFTS | $500 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $79 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Van Cliburn Foundation Inc Fort Worth, TX | $13,509,302 | $8,934,359 |
Harmony House Inc Houston, TX | $6,531,706 | $4,533,772 |
Da Camera Society Of Texas Houston, TX | $2,874,881 | $2,444,470 |
Warrior Notes Destrehan, LA | $6,531,153 | $6,740,480 |
New Orleans Musicians Assistancefoundation New Orleans, LA | $2,625,519 | $1,960,903 |
Kerrville Folk Festival Foundation Inc Kerrville, TX | $1,558,540 | $1,646,197 |
Santa Fe Concert Association Santa Fe, NM | $379,174 | $1,132,324 |
Midland Odessa Symphony And Chorale Inc Midland, TX | $4,668,029 | $1,189,263 |
Roots Of Music Inc New Orleans, LA | $598,901 | $932,201 |
Youth Choirs Inc San Antonio, TX | $451,626 | $533,478 |
Choristers Guild Dallas, TX | $699,058 | $929,253 |
American Festival For The Arts Houston, TX | $549,941 | $638,713 |