Taos School Of Music Incorporated
- Assets
- $3.6m
- Revenue
- $941.3k
- Investments
- $0.0
- Employees
- 2
- Location
- Taos, NM
- Founding
- 00/0000
- Data as of
- 09/2023
- EIN
- 85-6012256
Organization Overview
Taos School Of Music Incorporated is located in Taos, NM. The organization was established in 0000. According to its NTEE Classification (A6E) the organization is classified as: Performing Arts Schools, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 09/2023, Taos School Of Music Incorporated employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Taos School Of Music Incorporated 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 09/2023, Taos School Of Music Incorporated generated $941.3k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 14.2% each year . All expenses for the organization totaled $496.0k during the year ending 09/2023. While expenses have increased by 7.3% per year over the past 8 years. They've been increasing with an increasing level of total revenue. 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
CHAMBER MUSIC EDUCATION FOR CONSERVATORY LEVEL MUSICIANS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SCHOOL - YOUNG ARTISTS RECEIVE 8 WEEKS OF INTENSIVE CHAMBER MUSIC STUDY, COACHING, REHEARSAL, AND PERFORMANCE EXPERIENCE
CONCERTS - PROVIDES THE FACULTY AND STUDENTS WITH A VENUE TO PERFORM WHICH IS CRUCIAL TO THE EDUCATIONAL ASPECT OF THE SCHOOL.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
James W White Chair | OfficerTrustee | 1 | $0 |
B T Coleman Vice Chair | OfficerTrustee | 1 | $0 |
Joan Woodard Treasurer | OfficerTrustee | 5 | $0 |
Kathleen Anderson Secretary | OfficerTrustee | 1 | $0 |
Robert Anemone Director | Trustee | 1 | $0 |
Lawrence Berkowitz Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $811,206 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $811,206 |
| Total Program Service Revenue | $67,498 |
| Investment income | $62,638 |
| 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 | $941,342 |
| 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. | $75,000 |
| Compensation of current officers, directors, key employees. | $15,000 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $6,751 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $6,334 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $25,904 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $77,501 |
| Advertising and promotion | $12,833 |
| Office expenses | $7,644 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $194,677 |
| Travel | $30,606 |
| 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 | $3,600 |
| Insurance | $10,493 |
| All other expenses | $1,336 |
| Total functional expenses | $495,989 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $57,030 |
| Savings and temporary cash investments | $1,876,403 |
| 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 | $31,203 |
| Investments—publicly traded securities | $1,592,898 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $3,557,534 |
| Accounts payable and accrued expenses | $120,273 |
| 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 | $120,273 |
| Net assets without donor restrictions | $3,437,261 |
| 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 | $3,557,534 |