Community School Of Music & Arts
- Assets
- $1.1m
- Revenue
- $326.9k
- Investments
- $0.0
- Employees
- 10
- Location
- Ithaca, NY
- Founding
- 12/1972
- Data as of
- 12/2021
- EIN
- 16-0877976
Organization Overview
Community School Of Music & Arts is located in Ithaca, NY. The organization was established in 1972. According to its NTEE Classification (A25) the organization is classified as: Arts Education, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2023, Community School Of Music & Arts employed 10 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Community School 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 12/2021, Community School Of Music & Arts generated $326.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (4.6%) each year. All expenses for the organization totaled $323.9k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (4.7%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE QUALITY INSTRUCTION IN MUSIC AND THE ARTS, DEVELOPING AND OFFERING CULTURAL AND ARTISTIC PROGRAMS AND EVENTS
Describe the Organization's Program Activity:
PRIVATE INSTRUCTION: CSMA PROVIDED PRIVATE LESSONS TO STUDENTS OF ALL AGES, IN MUSIC, VISUAL ARTS, AND DANCE. LESSONS WERE HELD BOTH REMOTELY AND IN PERSON.
CLASSES AND ENSEMBLES: CSMA TAUGHT MUSIC ENSEMBLES AND CLASSES IN MUSIC, VISUAL ARTS, AND DANCE TO STUDENTS OF ALL AGES. ALL CLASSES AND ENSEMBLES WERE HELD IN PERSON.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Helen Baker President | OfficerTrustee | 1 | $0 |
Patricia Borg Vice President | OfficerTrustee | 1 | $0 |
David Stinson Treasurer | OfficerTrustee | 1 | $0 |
Mar Perez Secretary | OfficerTrustee | 1 | $0 |
Manuela Amzallag Trustee | Trustee | 1 | $0 |
Robin Tropper-Herbel Executive Director | Officer | 40 | $68,667 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $207,018 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $6,561 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $842 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $326,886 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $109,666 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $11,166 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $12,713 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $2,841 |
| Office expenses | $4,621 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $32,047 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $36,179 |
| Insurance | $6,848 |
| All other expenses | $0 |
| Total functional expenses | $323,856 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $57,423 |
| Savings and temporary cash investments | $125,185 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $34,948 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,104,285 |
| Accounts payable and accrued expenses | $44,196 |
| Grants payable | $0 |
| Deferred revenue | $27,978 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $507,722 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $158,577 |
| Total liabilities | $738,473 |
| Net assets without donor restrictions | $313,754 |
| Net assets with donor restrictions | $52,058 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | $365,812 |