Mountain West String Academy
- Assets
- $436.2k
- Revenue
- $356.6k
- Investments
- $0.0
- Employees
- 6
- Location
- Mendon, UT
- Founding
- 11/2006
- Data as of
- 06/2022
- EIN
- 87-0659352
Organization Overview
Mountain West String Academy is located in Mendon, UT. The organization was established in 2006. According to its NTEE Classification (A69) the organization is classified as: Symphony Orchestras, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 06/2022, Mountain West String Academy employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mountain West String Academy 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 06/2022, Mountain West String Academy generated $356.6k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 13.5% each year . All expenses for the organization totaled $272.3k during the year ending 06/2022. While expenses have increased by 9.9% per year over the past 7 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
MOUNTAIN WEST STRING ACADEMY PROVIDED STRING INSTRUMENT INSTRUCTION FOR 450 ELEMENTARY STUDENTS IN 4TH-6TH GRADE ORCHESTRA IN CACHE COUNTY AND LOGAN ELEMENTARY SCHOOLS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
STRING INSTRUMENT INSTRUCTION FOR 450 4TH-6TH GRADE STUDENTS.
STRING INSTRUMENT INSTRUCTION FOR 450 4TH-6TH GRADE STUDENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed Assistant Director | Officer | 20 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $15,889 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $313,091 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $328,980 |
| Total Program Service Revenue | $26,447 |
| Investment income | $28 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $1,142 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $356,597 |
| 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. | $99,525 |
| Compensation of current officers, directors, key employees. | $79,620 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $145,592 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $7,614 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $13,014 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| 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 | $2,309 |
| All other expenses | $600 |
| Total functional expenses | $272,293 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $258,700 |
| Savings and temporary cash investments | $0 |
| 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 | $158,947 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $18,568 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $436,215 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $11,116 |
| 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 | $11,116 |
| Net assets without donor restrictions | $0 |
| 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 | $425,099 |
| Total liabilities and net assets/fund balances | $436,215 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Mountain West String Academy has recieved totaling $502.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $502 |
Endowment Analysis
| Earnings | -$6,432 |
| Net Contributions | $25,000 |
| Ending Balance | $18,568 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Colorado Symphony Association Denver, CO | $12,961,781 | $18,715,868 |
Tucson Symphony Society Tucson, AZ | $15,428,177 | $6,501,284 |
Phoenix Symphony Association Phoenix, AZ | $1,368,252 | $4,890,998 |
Boise Philharmonic Association Inc Boise, ID | $1,686,396 | $2,920,206 |
New Mexico Philharmonic Inc Albuquerque, NM | $458,933 | $1,791,722 |
Reno Philharmonic Association Inc Reno, NV | $2,249,884 | $2,471,975 |
Colorado Springs Philharmonic Orchestra Colorado Springs, CO | $3,792,415 | $1,751,968 |
Santa Fe Symphony Orchestra & Chorus Inc Santa Fe, NM | $1,008,927 | $1,681,988 |
The Symphony Fund Denver, CO | $76,088,728 | $4,099,144 |
Boulder Philharmonic Orchestra Boulder, CO | $1,166,319 | $1,630,291 |
Arizona Musicfest Scottsdale, AZ | $5,902,520 | $1,868,166 |
National Repertory Orchestra Inc Colorado Philharmonic Breckenridge, CO | $3,166,912 | $1,314,105 |