Downtown Music At Grace Inc is located in White Plains, NY. The organization was established in 1994. According to its NTEE Classification (A68) the organization is classified as: Music, 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. Downtown Music At Grace 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 06/2023, Downtown Music At Grace Inc generated $118.7k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 1.1% each year. All expenses for the organization totaled $105.3k during the year ending 06/2023. 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
THE ORGANIZATION PROVIDED NUMEROUS MIDWEEK CONCERTS FOR THE BENEFIT OF THE COMMUNITY.
| Name (title) | Role | Hours | Compensation | 
|---|---|---|---|
| Kenneth Reilly Trustee | 1 | $0 | |
| Allen Bartlett Trustee | 1 | $0 | |
| Renee Cohen Trustee | 1 | $0 | |
| Michael Heffner Trustee | 1 | $0 | |
| Brian Wallach Trustee | 1 | $0 | |
| Barbara Schwarz Trustee | 1 | $0 | 
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $111,094 | 
| Total Program Service Revenue | $7,612 | 
| Membership dues | $0 | 
| Investment income | $0 | 
| Gain or Loss | $0 | 
| Net Income from Gaming & Fundraising | $0 | 
| Other Revenue | $0 | 
| Total Revenue | $118,706 | 
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 | 
| Benefits paid to or for members | $0 | 
| Salaries, other compensation, and employee benefits | $49,217 | 
| Professional fees and other payments to independent contractors | $2,000 | 
| Occupancy, rent, utilities, and maintenance | $0 | 
| Printing, publications, postage, and shipping | $5,704 | 
| Other expenses | $48,374 | 
| Total expenses | $105,295 | 
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $36,107 | 
| Other assets | $0 | 
| Total assets | $40,157 | 
| Total liabilities | $4,439 | 
| Net assets or fund balances | $35,718 |