True Worship Ministry Inc
- Assets
- $46.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Randolph, MA
- Founding
- 08/2019
- Data as of
- 12/2021
- EIN
- 84-2498839
Organization Overview
True Worship Ministry Inc is located in Randolph, MA. The organization was established in 2019. According to its NTEE Classification (A6C) the organization is classified as: Bands & Ensembles, 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. True Worship Ministry 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 12/2021, True Worship Ministry Inc generated $166.3k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 31.1% each year . All expenses for the organization totaled $166.4k during the year ending 12/2021. 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
2021
Describe the Organization's Program Activity:
Part 3
WE ARE A CHRISTIAN ORGANIZATION DEDICATED TO SERVE LOCALLY AND GLOBALLY TEACHING MUSIC AND OFFERING RECORDING SERVICES AT LOW COSTS TO PEOPLE OF ALL AGES WHO WANT TO HAVE A POSITIVE IMPACT IN THEIR FAMILIES AND COMMUNITIES WITH THEIR MUSICAL TALENTS
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Erik Duarte President And Music Academy Director | 40 | $35,000 | |
Julio Valdes CEO | 20 | $0 | |
Diana Valdes Treasurer | 15 | $0 | |
Pamela Duarte Clerk | 20 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $9,466 |
| Total Program Service Revenue | $156,831 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $166,297 |
| 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 | $470 |
| Occupancy, rent, utilities, and maintenance | $33,736 |
| Printing, publications, postage, and shipping | $305 |
| Other expenses | $131,864 |
| Total expenses | $166,375 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $18,149 |
| Other assets | $0 |
| Total assets | $46,856 |
| Total liabilities | $12,000 |
| Net assets or fund balances | $34,856 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Chamber Music Society Of Lincoln Center Inc New York, NY | $75,785,026 | $8,098,854 |
St Lukes Chamber Ensemble Inc New York, NY | $47,001,390 | $8,968,141 |
Inspire Arts And Music Inc Boston, MA | $2,295,545 | $1,459,889 |
Afro-Latin Jazz Alliance Of New York Inc New York, NY | $920,945 | $1,546,674 |
Music Forward Brooklyn, NY | $1,883,651 | $2,219,896 |
Ma-Yi Filipino Theatre Ensemble Inc New York, NY | $1,967,412 | $1,405,048 |
Ensemble For The Romantic Century Inc New York, NY | $133,417 | $422,457 |
Improvisation Center Of Boston Inc Cambridge, MA | $105,593 | $312,878 |
Classical Recording Foundation Inc Pelham, NY | $106,383 | $305,250 |
Metropolis Ensemble Inc Queens, NY | $859,538 | $434,901 |
Saints Brigade Port Chester, NY | $6,701 | $359,584 |
Music And Youth Initiative Inc Dennis, MA | $481,928 | $254,662 |