Music Ecosystems And Artist Development Organization Of Wichit
- Assets
- $2.4m
- Revenue
- $2.5m
- Investments
- $0.0
- Employees
- 5
- Location
- Wichita, KS
- Founding
- Data as of
- 12/2023
- EIN
- 88-2686131
Organization Overview
Music Ecosystems And Artist Development Organization Of Wichit is located in Wichita, KS. According to its NTEE Classification (A68) the organization is classified as: Music, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2023, Music Ecosystems And Artist Development Organization Of Wichit employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Music Ecosystems And Artist Development Organization Of Wichit is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 12/2023, Music Ecosystems And Artist Development Organization Of Wichit generated $2.5m in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 43.7% each year . All expenses for the organization totaled $1.1m 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
MISSION - FOCUSED ON CREATING SUPPORT SYSTEMS AND INFRASTRUCTURE FOR THE DEVELOPMENT AND GROWTH OF THE WICHITA MUSIC INDUSTRY. WITH A FOCUS ON GROWING A NETWORK OF INDEPENDENT ARTISTS, VENUES, PROMOTERS, A MORE COLLABORATIVE ENVIRONMENT WHERE INDIVIDUALS RETAIN MORE POWER OVER THEIR OWN DESTINY BY WORKING MORE CLOSELY TO BUILD A NEW INDUSTRY FROM THE GROUND UP.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ARTIST DEVELOPMENT: DEVELOPMENT AND SUPPORT OF INDEPENDENT MUSIC VENUES, LABELS, MANAGEMENT, AND TOURING FOR MUSICAL PERFORMANCES AND CREATIVE WORKS IN THE WICHITA AREA.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jessie Hartke President | OfficerTrustee | 1 | $0 |
Adam Hartke Secretary/treasurer | OfficerTrustee | 1 | $0 |
Rudy Love Jr 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 | $2,510,620 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,510,620 |
| Total Program Service Revenue | $0 |
| Investment income | $445 |
| 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 | $2,511,135 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $177,155 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $16,466 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $15,240 |
| Fees for services: Accounting | $5,503 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $371,933 |
| Advertising and promotion | $136,271 |
| Office expenses | $69,490 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $32,547 |
| Travel | $82,720 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $3,598 |
| Interest | $37 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $63,995 |
| Insurance | $5,958 |
| All other expenses | $6,665 |
| Total functional expenses | $1,076,607 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,980,129 |
| Savings and temporary cash investments | $5 |
| 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 | $327,500 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $100,000 |
| Total assets | $2,407,634 |
| Accounts payable and accrued expenses | $15,549 |
| 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 | $15,549 |
| Net assets without donor restrictions | $2,392,085 |
| 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 | $2,407,634 |