Assabet Valley Mastersingers is located in Northborough, MA. The organization was established in 1982. According to its NTEE Classification (Z99) the organization is classified as: Unknown, under the broad grouping of Unknown and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Assabet Valley Mastersingers 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 06/2023, Assabet Valley Mastersingers generated $142.5k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 7.5% each year. All expenses for the organization totaled $97.9k during the year ending 06/2023. While expenses have increased by 3.5% 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
SCHOLARSHIP
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Nancy Lapelle Board Chair | 6 | $0 | |
Louise Garone Operations Chair | 6 | $0 | |
Debra Wallace Secretary | 2 | $0 | |
Philip Knudson Treasurer | 2 | $0 | |
Matthew Pietro Development Representative | 3 | $0 | |
Leslie Rutan Community Representative | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $138,942 |
| Total Program Service Revenue | $0 |
| Membership dues | $3,530 |
| Investment income | $22 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $142,494 |
| 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 | $55,734 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $8,295 |
| Other expenses | $33,826 |
| Total expenses | $97,855 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $68,792 |
| Other assets | $0 |
| Total assets | $234,429 |
| Total liabilities | $164,686 |
| Net assets or fund balances | $69,743 |