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 |