Kinhaven Music School Inc
- Assets
- $3.5m
- Revenue
- $1.6m
- Investments
- $0.0
- Employees
- 72
- Location
- Maplewood, NJ
- Founding
- 04/1964
- Data as of
- 09/2021
- EIN
- 03-0214324
Organization Overview
Kinhaven Music School Inc is located in Maplewood, NJ. The organization was established in 1964. According to its NTEE Classification (A25) the organization is classified as: Arts Education, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 09/2021, Kinhaven Music School Inc employed 72 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Kinhaven Music School 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 09/2021, Kinhaven Music School Inc generated $1.6m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 4.4% each year. All expenses for the organization totaled $1.2m during the year ending 09/2021. While expenses have increased by 0.4% per year over the past 6 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
KINHAVEN OFFERS JOYOUS AND RIGOROUS MUSIC-MAKING EDUCATION TO ACCOMPLISHED YOUTH AND ADULTS IN A NURTURING, NONCOMPETITIVE, AND COLLABORATIVE ENVIRONMENT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SEE GENERAL FOOTNOTE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Deborah Buck Executive Di | Trustee | 40 | $72,000 |
John Engels President | OfficerTrustee | 1 | $0 |
Ted Smoot Secretary | OfficerTrustee | 2 | $0 |
Victoria Sanger Vice Preside | OfficerTrustee | 2 | $0 |
Kevin Tally Treasurer | OfficerTrustee | 2 | $0 |
Mary Bartos Trustee | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $297,500 |
| All other contributions, gifts, grants, and similar amounts not included above | $388,581 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $686,081 |
| Total Program Service Revenue | $663,396 |
| Investment income | $21,667 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $17,213 |
| Net Gain/Loss on Asset Sales | $168,716 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $5,150 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,562,223 |
| 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 | $579,028 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $36,875 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $5,350 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $8,687 |
| Fees for services: Other | $6,400 |
| Advertising and promotion | $8,726 |
| Office expenses | $5,140 |
| Information technology | $14,355 |
| Royalties | $0 |
| Occupancy | $178,947 |
| Travel | $14,594 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $4,647 |
| Interest | $14,390 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $129,954 |
| Insurance | $30,296 |
| All other expenses | $64,814 |
| Total functional expenses | $1,225,991 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $329,328 |
| Savings and temporary cash investments | $15,625 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $84,754 |
| 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 | $4,629 |
| Net Land, buildings, and equipment | $2,194,128 |
| Investments—publicly traded securities | $866,135 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $3,494,599 |
| Accounts payable and accrued expenses | $4,028 |
| 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 | $299,290 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $9,223 |
| Total liabilities | $312,541 |
| Net assets without donor restrictions | $2,293,118 |
| Net assets with donor restrictions | $888,940 |
| 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 | $3,494,599 |
Grants Recieved
Over the last fiscal year, we have identified 6 grants that Kinhaven Music School Inc has recieved totaling $68,053.
| Awarding Organization | Amount |
|---|---|
Mai Family Foundation New York, NY PURPOSE: CHARITABLE | $35,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: ARTS, CULTURE & HUMANITIES | $22,820 |
John J And Rose Cali Family Foundation Cranford, NJ PURPOSE: GENERAL SUPPORT | $5,000 |
Williamson Foundation Pebble Beach, CA PURPOSE: TO FURTHER MUSIC EDUCATION | $3,500 |
Hoffman-Bravy Charitable Foundation Santa Fe, NM PURPOSE: GENERAL OPERATING SUPPORT | $1,500 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $233 |
Endowment Analysis
| Beg. Balance | $759,442 |
| Earnings | $126,053 |
| Net Contributions | $12,132 |
| Other Expense | $8,687 |
| Ending Balance | $888,940 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Art Students League Of New York New York, NY | $112,886,191 | $14,274,262 |
Saul Steinberg Foundation New York, NY | $2,326,445 | $165,696 |
Studio In A School Association New York, NY | $26,491,871 | $6,228,421 |
Global Disciples Lancaster, PA | $4,481,434 | $6,431,035 |
Harlem School Of The Arts Inc New York, NY | $16,306,795 | $5,380,840 |
Dreamyard Project Inc Bronx, NY | $4,474,380 | $5,509,637 |
Grounds For Sculpture Inc Hamilton, NJ | $36,793,406 | $11,597,062 |
Powerhouse Arts Inc Brooklyn, NY | $187,718,007 | $2,438,930 |
American Academy Of Arts And Letters New York, NY | $101,076,393 | $10,417,737 |
The Arts Connection Inc New York, NY | $2,703,336 | $4,972,330 |
Alliance For Young Artists & Writers Inc New York, NY | $7,496,330 | $3,366,982 |
Marquis Studios Ltd Brooklyn, NY | $2,435,475 | $3,259,805 |