Training Orchestra Inc
- Assets
- $131.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Melville, NY
- Founding
- 12/1974
- Data as of
- 06/2022
- EIN
- 11-2346422
Organization Overview
Training Orchestra Inc is located in Melville, NY. The organization was established in 1974. According to its NTEE Classification (A69) the organization is classified as: Symphony Orchestras, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Training Orchestra 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 06/2022, Training Orchestra Inc generated $66.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (13.2%) each year. All expenses for the organization totaled $75.8k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (10.4%) per year over the past 7 years. 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
2022
Describe the Organization's Program Activity:
Part 3
TO PROVIDE A FULL RANGE OF MUSICAL SERVICES IN ORDERTO EDUCATE, INSPIRE AND FOSTER THE DEVELOPMENT OF YOUNGPEOPLES' INTEREST IN MUSIC
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ricardo Garcia President | 7 | $0 | |
Jeff Shade Secretary | 3 | $0 | |
Eric Arsenicos Director | 1 | $0 | |
Amy Borgia Director | 1 | $0 | |
Susan Ng Director | 1 | $0 | |
Gerald Warner Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $375 |
| Total Program Service Revenue | $64,752 |
| Membership dues | $0 |
| Investment income | $562 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $635 |
| Other Revenue | $0 |
| Total Revenue | $66,324 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $5,520 |
| Professional fees and other payments to independent contractors | $22,900 |
| Occupancy, rent, utilities, and maintenance | $17,134 |
| Printing, publications, postage, and shipping | $1,485 |
| Other expenses | $27,886 |
| Total expenses | $75,775 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $129,734 |
| Other assets | $0 |
| Total assets | $131,158 |
| Total liabilities | $1,175 |
| Net assets or fund balances | $129,983 |