Inland Empire Musical Arts Corp
- Assets
- $4.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Riverside, CA
- Founding
- 02/2018
- Data as of
- 07/2022
- EIN
- 82-3812831
Organization Overview
Inland Empire Musical Arts Corp is located in Riverside, CA. The organization was established in 2018. 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. Inland Empire Musical Arts Corp 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, Inland Empire Musical Arts Corp generated $28.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (32.5%) each year. All expenses for the organization totaled $26.2k during the year ending 07/2022. As we would expect to see with falling revenues, expenses have declined by (37.7%) per year over the past 3 years. 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
2022
Describe the Organization's Program Activity:
Part 3
IEMA MUSIC EDUCATION CLASSES YOUNG MUSICIANS PROGRAM PROMOTES MUSICAL DEVELOPMENT OF YOUTH IN THE LOCAL COMMUNITY.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michelle Elliott Director | 10 | $0 | |
James Elliott Treasurer | 5 | $0 | |
Heather Rider Secretary | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $28,787 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $18 |
| Total Revenue | $28,805 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $11,010 |
| Professional fees and other payments to independent contractors | $858 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $10 |
| Other expenses | $14,298 |
| Total expenses | $26,176 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $4,694 |
| Other assets | $0 |
| Total assets | $4,694 |
| Total liabilities | $0 |
| Net assets or fund balances | $4,694 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Inland Empire Musical Arts Corp has recieved totaling $33.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $33 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Lazy Mf Trust Irvine, CA | $2,742,949 | $392,168 |
Thru Guidance Ministries Los Angeles, CA | $2,841,551 | $7,857,035 |
Inner-City Arts Los Angeles, CA | $18,610,203 | $5,566,146 |
House Of Blues Music Forward Foundation Beverly Hills, CA | $3,094,278 | $3,522,048 |
School Of Arts And Culture At Mhp San Jose, CA | $8,721,548 | $4,861,362 |
Wayne Thiebaud Foundation Sacramento, CA | $135,503,481 | $2,669,000 |
California Jazz Conservatory Inc Berkeley, CA | $7,248,479 | $2,565,384 |
Arts For Healing And Justice Network Long Beach, CA | $3,982,925 | $3,271,300 |
Youth Music Project West Linn, OR | $1,663,643 | $2,050,654 |
Djerassi Resident Artists Program Woodside, CA | $5,870,903 | $1,216,127 |
Ecole Claire Fontaine Venice, CA | $713,103 | $1,915,920 |
Orange County Childrens Therapeutic Arts Center Santa Ana, CA | $262,171 | $1,492,328 |