Salem Moon Music is located in Salem, OR. The organization was established in 2016. According to its NTEE Classification (A25) the organization is classified as: Arts Education, 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. Salem Moon 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 12/2021, Salem Moon Music generated $20.5k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 14.0% each year . All expenses for the organization totaled $22.9k during the year ending 12/2021. While expenses have increased by 3.6% per year over the past 6 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
THE ORGANIZATION PROVIDES EDUCATIONAL AND COMMUNITY SERVICES FOR RESIDENTS OF SALEM, OREGON
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Sean Mulrooney President | 0 | $0 | |
Lois Mulrooney Vice Preside | 0 | $0 | |
Darren Holmquist Secretary | 0 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $20,500 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $20,500 |
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 | $4,679 |
Occupancy, rent, utilities, and maintenance | $10,000 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $8,257 |
Total expenses | $22,936 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $6,046 |
Other assets | $0 |
Total assets | $12,344 |
Total liabilities | $24,359 |
Net assets or fund balances | -$12,015 |
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