Video Music Box Collection Inc
- Assets
- $163.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Elmont, NY
- Founding
- 01/2020
- Data as of
- 12/2023
- EIN
- 84-3416436
Organization Overview
Video Music Box Collection Inc is located in Elmont, NY. The organization was established in 2020. According to its NTEE Classification (A99) the organization is classified as: Arts, Culture & Humanities N.E.C., 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. Video Music Box Collection 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, Video Music Box Collection Inc generated $41.7k 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 (29.1%) each year. All expenses for the organization totaled $30.7k during the year ending 12/2023. 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
2023
Describe the Organization's Program Activity:
Part 3
DIGITIZING AND ARCHIVE OF VIDEO FOOTAGE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Evelyn Mcdaniels President | 5 | $0 | |
Ralph Mcdaniels Executive Dir. | 2 | $0 | |
Kevin Lawrence Chairman | 2 | $0 | |
Dominic Cromartie Director | 2 | $0 | |
Cesar Jordan Director | 2 | $0 | |
Kevin Valentine Secretary/treas | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $41,718 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $31 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $41,749 |
| 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 | $7,335 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $23,383 |
| Total expenses | $30,718 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $153,119 |
| Other assets | $0 |
| Total assets | $163,143 |
| Total liabilities | $4,732 |
| Net assets or fund balances | $158,411 |