Project Music
- Assets
- $87.0k
- Revenue
- $284.2k
- Investments
- $0.0
- Employees
- 14
- Location
- Stamford, CT
- Founding
- 12/2016
- Data as of
- 06/2021
- EIN
- 81-2610342
Organization Overview
Project Music is located in Stamford, CT. The organization was established in 2016. According to its NTEE Classification (B80) the organization is classified as: Student Services, under the broad grouping of Education and related organizations. As of 06/2021, Project Music employed 14 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Project Music 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 06/2021, Project Music generated $284.2k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 12.1% each year . All expenses for the organization totaled $313.4k during the year ending 06/2021. While expenses have increased by 12.0% per year over the past 4 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
PROVIDE MUSIC EDUCATION, INSTRUMENTS AND INSTRUCTION TO YOUTH IN FAIRFIELD COUNTY, CT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
STUDENTS FROM ACROSS STAMFORD PUBLIC SCHOOLS MET IN OUR AFTER SCHOOL MUSIC PROGRAM AT LOCATED AT THE BOYS & GIRLS AND CHESTER ADDISON COMMUNITY CENTER 4 DAYS A WEEK. STUDENTS PARTICIPATED IN ENSEMBLE REHEARSALS, SECTIONALS, LESSONS, AND PERFORMED CONCERTS FOR THE COMMUNITY. STUDENTS PARTICIPATED IN GUEST WORKSHOPS AND SUMMER CAMPS LOCATED IN STAMFORD, NEW YORK, AND MICHIGAN. DURING COVID LOCKDOWNS, WE PIVOTED OUR PROGRAMMING TO 100% VIRTUAL, WHERE STUDENTS CONTINUED REHEARSALS, SECTIONALS, AND PRIVATE LESSONS. SUMMER CAMPS WERE CONDUCTED IN HYBRID FORMAT OF BOTH IN-PERSON AND VIRTUAL. STUDENTS SERVED FLUCTUATED BETWEEN 50-100 STUDENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Daniel Morris Chair | OfficerTrustee | 2 | $0 |
Charles Spalding Secretary | OfficerTrustee | 2 | $0 |
Saara Bromley-Seide Vice Chair | OfficerTrustee | 2 | $0 |
Fritz Chery Treasurer | OfficerTrustee | 2 | $0 |
Michael Cooney Board Member | Trustee | 1 | $0 |
David Tate Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $108,008 |
| All other contributions, gifts, grants, and similar amounts not included above | $177,093 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $285,101 |
| Total Program Service Revenue | $0 |
| Investment income | $2 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$890 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $284,213 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $3,710 |
| 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 | $249,905 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $23,928 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $10,325 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $7,943 |
| Advertising and promotion | $410 |
| Office expenses | $4,923 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $289 |
| Travel | $79 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $11 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $1,870 |
| Total functional expenses | $313,378 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $34,985 |
| Savings and temporary cash investments | $994 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $51,000 |
| 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 | $86,979 |
| Accounts payable and accrued expenses | $8,368 |
| Grants payable | $0 |
| Deferred revenue | $3,750 |
| 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 | $50,817 |
| Total liabilities | $62,935 |
| Net assets without donor restrictions | $24,044 |
| 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 | $86,979 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Project Music has recieved totaling $31,821.
| Awarding Organization | Amount |
|---|---|
Fairfield Countys Community Foundation Inc Norwalk, CT PURPOSE: FOR GENERAL SUPPORT. | $22,000 |
Network For Good Inc Washington, DC PURPOSE: UNRESTRICTED | $6,121 |
Craig B Tate Foundation Stamford, CT PURPOSE: ARTISTIC | $3,000 |
Newberger Family Foundation Inc McLean, VA PURPOSE: GENERAL | $700 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
F I T Student Housing Corporation New York, NY | $172,356,223 | $33,857,523 |
New Leaders New York, NY | $51,919,940 | $51,082,057 |
Morrisville Auxiliary Of State Univ College Of Agricult & Technology Morrisville, NY | $25,329,251 | $17,429,247 |
Faculty Student Association State University College At Fredonia Inc Fredonia, NY | $20,429,854 | $14,962,919 |
The Jain Family Institute New York, NY | $1,266,575 | $5,283,522 |
Brockport Auxilary Service Corporation Brockport, NY | $15,024,153 | $10,683,968 |
Albert Einstein College Of Medicine Staff Housing Company Inc Bronx, NY | $37,908,103 | $6,828,997 |
The Possible Project Inc Boston, MA | $20,628,656 | $12,891,174 |
Bernard M Baruch College Auxiliary Enterprises Corporation New York, NY | $2,835,381 | $7,073,623 |
The Boston Education Development Foundation Inc Roxbury, MA | $14,159,042 | $7,338,660 |
University At Buffalo Student Association Inc Buffalo, NY | $6,243,803 | $4,544,119 |
Handz-On Inc Hartford, CT | $1,667,828 | $5,148,389 |