Music Is Instrumental
- Assets
- $112.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Lincoln City, OR
- Founding
- 11/2018
- Data as of
- 12/2022
- EIN
- 83-2000834
Organization Overview
Music Is Instrumental is located in Lincoln City, OR. The organization was established in 2018. According to its NTEE Classification (B20) the organization is classified as: Elementary & Secondary Schools, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Music Is Instrumental 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 12/2022, Music Is Instrumental generated $48.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (20.0%) each year. All expenses for the organization totaled $27.7k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (20.7%) per year over the past 4 years. 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 |
|---|---|---|---|
Mark Sanders Director Of The Board | 4 | $0 | |
Christine Tell Director Of Operations | 3 | $0 | |
Chuck Feist Director Of Endowment Developement | 2.5 | $0 | |
Nick Lupo Director Of Education | 0.75 | $0 | |
Majalise Tolan Director Of Community Outreach | 0.75 | $0 | |
Gwen Lahti Community Liasson | 0.75 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $48,903 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $12 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $48,915 |
| 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 | $15,611 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $202 |
| Other expenses | $11,846 |
| Total expenses | $27,659 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $112,199 |
| Other assets | $0 |
| Total assets | $112,199 |
| Total liabilities | $0 |
| Net assets or fund balances | $112,199 |