West Jersey Music Academy is located in Moorestown, NJ. The organization was established in 2018. 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. West Jersey Music Academy 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 06/2024, West Jersey Music Academy generated $119.5k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 13.0% each year . All expenses for the organization totaled $116.4k during the year ending 06/2024. While expenses have increased by 13.0% 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
2024
Describe the Organization's Program Activity:
Part 3
PROVIDE MUSIC EDUCATION TO STUDENTS OF ALL BACKGROUONDS INCLUDING SPECIAL NEEDS, UNDERSERVED COMMUNITIES ELDERLY. CURRENTLY SERVE 90 STUDENTS IN BURLINGTON COUNTY NJ PROVIDING LESSONS AT 2 LOCATIONS, MOORESTOWN WILLINGBORO NJ
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Kurt Jung Co Chairperson | 2 | $0 | |
Martha Mercantini Co Chairperson | 3 | $0 | |
Gregory Laudadio Treasurer | 2.5 | $0 | |
Evan Holland Secretary | 2 | $0 | |
Arianna Garagozza Member | 2 | $0 | |
Dr Yolanda Boyd Member | 2 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $29,000 |
Total Program Service Revenue | $87,892 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $2,608 |
Total Revenue | $119,500 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $88,268 |
Professional fees and other payments to independent contractors | $4,309 |
Occupancy, rent, utilities, and maintenance | $6,609 |
Printing, publications, postage, and shipping | $3,703 |
Other expenses | $13,486 |
Total expenses | $116,375 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $23,305 |
Other assets | $0 |
Total assets | $27,805 |
Total liabilities | $2,565 |
Net assets or fund balances | $25,240 |