Academy Of Music Performance Inc
- Assets
- $23.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Salisbury, MD
- Founding
- 09/2017
- Data as of
- 12/2023
- EIN
- 82-2536892
Organization Overview
Academy Of Music Performance Inc is located in Salisbury, MD. The organization was established in 2017. According to its NTEE Classification (A6E) the organization is classified as: Performing Arts Schools, 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. Academy Of Music Performance 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 12/2023, Academy Of Music Performance Inc generated $121.9k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 16.1% each year . All expenses for the organization totaled $117.0k during the year ending 12/2023. While expenses have increased by 17.7% per year over the past 3 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Susan Bailey President | 25 | $0 | |
Eugene R Bailey Vice Preside | 25 | $0 | |
Rachel Bailey Director | 25 | $0 | |
Darrell Mullins Director | 5 | $0 | |
Nick Dudas Director | 5 | $0 | |
Kelly Kaiser Director | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,802 |
| Total Program Service Revenue | $118,101 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $121,903 |
| 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 | $82,358 |
| Occupancy, rent, utilities, and maintenance | $28,375 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $6,303 |
| Total expenses | $117,036 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $23,441 |
| Other assets | $0 |
| Total assets | $23,441 |
| Total liabilities | $0 |
| Net assets or fund balances | $23,441 |