317 Main St Community Music Center Inc
- Assets
- $4.6m
- Revenue
- $3.7m
- Investments
- $0.0
- Employees
- 49
- Location
- Yarmouth, ME
- Founding
- 10/2006
- Data as of
- 06/2021
- EIN
- 20-1424631
Organization Overview
317 Main St Community Music Center Inc, operating under the name 317 Main St, is located in Yarmouth, ME. The organization was established in 2006. According to its NTEE Classification (A6E) the organization is classified as: Performing Arts Schools, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 06/2021, 317 Main St employed 49 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. 317 Main St 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 06/2021, 317 Main St generated $3.7m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 22.0% each year . All expenses for the organization totaled $1.2m during the year ending 06/2021. While expenses have increased by 3.4% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
317 MAIN IS DEDICATED TO CREATING AN INCLUSIVE COMMUNITY FOR PEOPLE OF ALL AGES, BACKGROUNDS, AND MUSICAL ABILITIES TO SHARE IN THE JOY OF MAKING MUSIC TOGETHER. WE PURSUE OUR MISSION THROUGH BOTH ON SITE MUSIC INSTRUCTION AND VARIOUS OUTREACH PROGRAMS IN THE COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
317 MAIN'S LARGEST PROGRAM SERVICE IS PROVIDING MUSIC EDUCATION OPPORTUNITIES FOR STUDENTS OF ALL AGES AND ABILITIES AT OUR YARMOUTH STUDIOS. IN 2021, 317 MAIN PROVIDED PRIVATE AND GROUP LESSONS, AS WELL AS ENSEMBLES, CLASSES, WORKSHOPS AND PERFORMANCE OPPORTUNITIES TO APPROXIMATELY 1,450 STUDENTS AND MUSIC LOVERS THROUGHOUT THE YEAR. MUSIC STUDENTS RANGE IN AGE FROM INFANT TO 90 YEARS OLD AND COME TO 317. MAIN FROM 40+ DIFFERENT TOWNS IN SOUTHERN AND CENTRAL MAINE. FOCUS AREAS FOR FY21 INCLUDED REBUILDING OUR PROGRAMS DURING THE FULL YEAR OF COVID PROTOCOLS, WHERE WE INTRODUCED A SIGNIFICANT AMOUNT OF ZOOM LESSONS, AND ADJUSTED IN-PERSON PROGRAMMING. WE CONTINUE TO BUILD "LITTLE ROOTS" EARLY CHILDHOOD MUSIC EDUCATION PROGRAM FOR CHILDREN AGES OF BIRTH TO 8 YEARS OLD AND OUR "DEEP ROOTS" PROGRAM FOR PEOPLE AGE 55 AND OLDER WHICH INCLUDES GROUP SINGING, ENSEMBLES, AND DANCE PROGRAMS. 317 MAIN ALSO FOCUSED ON CREATING MORE INTIMATE LEARNING OPPORTUNITIES IN OUR FREE PARTNERSHIP PROGRAM DESIGNED TO BRING MUSIC EDUCATION AND MUSIC ENRICHMENT OPPORTUNITIES TO DISADVANTAGED POPULATIONS, AS WELL AS OTHER INDIVIDUALS OF ALL AGES WHO OTHERWISE WOULD NOT HAVE ACCESS TO MUSIC. WE DO THIS BY FORGING MEANINGFUL COLLABORATIONS AND PARTNERSHIPS WITH PUBLIC AND PRIVATE SCHOOLS, SOCIAL SERVICE ORGANIZATIONS THAT SUPPORT UNDERSERVED POPULATIONS AND SENIOR CITIZEN ORGANIZATIONS. OUR PARTNERSHIP PROGRAM IN FY21 GREW SIGNIFICANTLY, MORE THAN DOUBLING THE NUMBER OF KIDS SERVED.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Williams Executive Director | Officer | 40 | $80,400 |
Stefan Iris Treasurer | OfficerTrustee | 1 | $0 |
Jeff White Secretary | OfficerTrustee | 1 | $0 |
Alfred Frawley President | OfficerTrustee | 1 | $0 |
Justin Whitlock Director | Trustee | 1 | $0 |
Shari Elder Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $257,154 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,859,201 |
| Noncash contributions included in lines 1a–1f | $141,510 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,116,355 |
| Total Program Service Revenue | $534,062 |
| Investment income | $2,893 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| 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 | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,657,456 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $80,400 |
| Compensation of current officers, directors, key employees. | $36,180 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $697,339 |
| Pension plan accruals and contributions | $2,257 |
| Other employee benefits | $57,842 |
| Payroll taxes | $56,344 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $863 |
| Fees for services: Accounting | $4,917 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $38,250 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $14,341 |
| Advertising and promotion | $20,389 |
| Office expenses | $20,125 |
| Information technology | $5,505 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $869 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $18,333 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $30,710 |
| Insurance | $7,455 |
| All other expenses | $23,705 |
| Total functional expenses | $1,156,698 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $407,727 |
| Savings and temporary cash investments | $2,204,047 |
| Pledges and grants receivable | $1,003,613 |
| Accounts receivable, net | $5,831 |
| 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 | $267,934 |
| Net Land, buildings, and equipment | $736,262 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $4,625,414 |
| Accounts payable and accrued expenses | $12,523 |
| Grants payable | $0 |
| Deferred revenue | $35,921 |
| 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 | $361,959 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $410,403 |
| Net assets without donor restrictions | $1,348,011 |
| Net assets with donor restrictions | $2,867,000 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $4,625,414 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that 317 Main St Community Music Center Inc has recieved totaling $2,500.
| Awarding Organization | Amount |
|---|---|
Saco & Biddeford Savings Charitable Foundation Saco, ME PURPOSE: GENERAL OPERATING SUPPORT | $2,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Concord Community Music School Concord, NH | $1,545,273 | $1,585,620 |
317 Main St Community Music Center Inc Yarmouth, ME | $4,625,414 | $3,657,456 |
Kneisel Hall Blue Hill, ME | $13,811,555 | $1,519,605 |
The Spartan Junior Drum And Bugle Corps Inc Nashua, NH | $341,545 | $843,857 |
Portland Conservatory Of Music Portland, ME | $1,611,562 | $945,126 |
Portland School Of Ballet Portland, ME | $186,689 | $547,468 |
Nashua Community Music School Nashua, NH | $219,055 | $475,725 |
Pierre Monteux Memorial Foundation Hancock, ME | $2,143,744 | $541,077 |
Midcoast Music Academy Rockport, ME | $339,108 | $341,245 |
River Tree Arts Kennebunk, ME | $536,279 | $341,114 |
Flying Gravity Circus Wilton, NH | $76,420 | $0 |
New Surry Repertory Theatre And Acting School Inc Blue Hill, ME | $61,781 | $0 |