Maestra Music Inc
- Assets
- $103.2k
- Revenue
- $991.1k
- Investments
- $0.0
- Employees
- 11
- Location
- New York, NY
- Founding
- 03/2019
- Data as of
- 12/2023
- EIN
- 83-3439518
Organization Overview
Maestra Music Inc is located in New York, NY. The organization was established in 2019. According to its NTEE Classification (A03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2023, Maestra Music Inc employed 11 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Maestra Music 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, Maestra Music Inc generated $991.1k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 66.9% each year . All expenses for the organization totaled $1.0m during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
MAESTRA MUSIC, INC. IS A 501(C)(3) ORGANIZATION BASED IN NEW YORK THAT PROVIDES SUPPORT, VISIBILITY, AND COMMUNITY TO THE WOMEN AND NONBINARY PEOPLE WHO MAKE THE MUSIC IN THE MUSICAL THEATER INDUSTRY. MAESTRA ENVISIONS A WORLD IN WHICH WOMEN AND NONBINARY PEOPLE HAVE EQUITABLE ACCESS, VISIBILITY, AND CREATVE IMPACT IN THE MUSICAL THEATER INDUSTRY. IN THIS FUTURE, AT LEAST HALF OF ALL MUSIC-RELATED THEATER JOBS AND LEADERSHIP ROLES ARE FILLED BY QUALIFIED WOMEN AND NONBINARY MUSICIANS, DECIDEDLY INCLUSIVE OF PEOPLE OF COLOR. THESE MUSICIANS ARE HISTORICALLY AND CONSISTENTLY UNDER-REPRESENTED IN MUSICAL THEATRE. BY DELIVERING ON OUR MISSION, WE WILL BE A CATALYST AND DRIVING FORCE TO HELP ACHIEVE GENDER EQUITY IN OUR BUSINESS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DATABASE/WEBSITE:RISE THEATRE DIRECTORY IS A NATIONAL PERSONNEL DIRECTORY CREATED TO PROMOTE VISIBILITY OF INDIVIDUALS WHO WORK BACKSTAGE, BEHIND-THE-SCENES, AND IN SUPPORT OF THEATER MAKING. THE DIRECTORY IS A PUBLIC SERVICE TOOL, AVAILABLE TO ALL, CREATED WITH THE KNOWLEDGE THAT AMPLIFICATION IS PARTICULARLY POWERFUL FOR THOSE WHO ARE OFTEN OVERLOOKED, INCLUDING BUT NOT LIMITED TO PEOPLE OF COLOR, WOMEN, TRANS, NONBINARY, DEAF, AND DISABLED THEATRE PROFESSIONALS. RISE THEATRE DIRECTORY ALLOWS THESE PROFESSIONALS TO BE DISCOVERED AND IDENTIFIED FOR EMPLOYMENT AND OPPORTUNITIES BY PRODUCERS, GENERAL MANAGERS, THEATERS AND VARIOUS EMPLOYERS.
AMPLIFY 23:THE ANNUAL AMPLIFY CONCERT AND COMMUNITY EVENT, HELD THE LAST MONDAY IN MARCH TO ALIGN WITH WOMEN'SHISTORY MONTH, BRINGS TOGETHER MAESTRAS FROM ALL OVER THE WORLD FOR AN ELECTRIC EVENING OF UNIQUE MUSICAL PERFORMANCES. THE EVENT IS HELD ONLINE AND IN PERSON TO ACHIEVE MAXIMUM AWARENESS AND SUPPORT FOR THE TALENTED WOMEN AND NONBINARY MEMBERS OF THE MUSICAL THEATER COMMUNITY. THE EVENT WAS ATTENDED BY APPROXIMATELY 271 PEOPLE.
WORKSHOPS:THE ORGANIZATION CONTINUED ITS TECHNICAL WORKSHOP SERIES, WHICH HAS GROWN FROM A MUSICAL DIRECTORS' TRAINING INITIATIVE FOR WOMEN INTO A MONTHLY SERIES OF EDUCATION CLASSED THOUGHT BY ITS MEMBERS AND OPEN TO THE PUBLIC. INSTURCTORS INCLUDED FEMALES THAT WERE SHOWCASED AS EXPERTS IN THEIR FIELDS. THE APPROXIMATE ATTENDANCE FOR ALL OF THE TECHINCAL WORKSHOPS THROUGHOUT 2023 WAS 1,829.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Georgia Stitt President | OfficerTrustee | 30 | $54,000 |
Emily Grishman Secretary | OfficerTrustee | 5 | $0 |
Laura Ivey Treasurer | OfficerTrustee | 20 | $24,000 |
Christie Chiles-Twillie Director | Trustee | 5 | $0 |
Valerie Lau-Kee Director | Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $49,500 |
| All other contributions, gifts, grants, and similar amounts not included above | $910,244 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $959,744 |
| Total Program Service Revenue | $27,594 |
| Investment income | $3,769 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $991,107 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $78,000 |
| Compensation of current officers, directors, key employees. | $27,404 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $310,617 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $38,666 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $348 |
| Fees for services: Accounting | $21,575 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $47,384 |
| Advertising and promotion | $252,228 |
| Office expenses | $16,861 |
| Information technology | $94,045 |
| Royalties | $0 |
| Occupancy | $13,248 |
| Travel | $1,340 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $3,572 |
| All other expenses | $0 |
| Total functional expenses | $1,019,036 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $24,591 |
| Savings and temporary cash investments | $59,500 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $19,135 |
| Total assets | $103,226 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $103,226 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $103,226 |