Peterson Conservatory Of Music & Arts
- Assets
- $39.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Mount Vernon, WA
- Founding
- 04/2007
- Data as of
- 12/2022
- EIN
- 13-4319611
Organization Overview
Peterson Conservatory Of Music & Arts is located in Mount Vernon, WA. The organization was established in 2007. 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. Peterson Conservatory Of Music & Arts 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 12/2022, Peterson Conservatory Of Music & Arts generated $15.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (43.2%) each year. All expenses for the organization totaled $15.4k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (40.1%) per year over the past 3 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kurt Mcvay President | 1 | $0 | |
Valerie Hunt Secretary | 1.5 | $0 | |
Patty Mcconnell Secretary2 | 0.5 | $0 | |
Roberta Christensen Treasurer | 1 | $0 | |
Sharyn Peterson Director | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,717 |
| Total Program Service Revenue | $13,389 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $15,106 |
| 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 | $3,947 |
| Occupancy, rent, utilities, and maintenance | $8,549 |
| Printing, publications, postage, and shipping | $1,266 |
| Other expenses | $1,332 |
| Total expenses | $15,354 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $7,455 |
| Other assets | $0 |
| Total assets | $39,938 |
| Total liabilities | $0 |
| Net assets or fund balances | $39,938 |