Classical Music Academy is located in Eagan, MN. 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. Classical Music Academy 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 12/2023, Classical Music Academy generated $40.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (13.6%) each year. All expenses for the organization totaled $40.1k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (13.6%) per year over the past 5 years. 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
SERVED ABOUT 50 STUDENTS ON REGULAR BASIS. DEVELOPED INSTRUMENTAL SKILLS AN DOVERALL MUSICAL ABILITIES. PRESENTED 4 CONCERTS TO THE COMMUNITY FREE OF CHARGE.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Alex Mezeritski President | 4 | $0 | |
Jenni Mezeritski Officer | 2 | $0 | |
Ilya Freyter Officer | 2 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $40,087 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $40,087 |
| 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 | $29,969 |
| Occupancy, rent, utilities, and maintenance | $7,998 |
| Printing, publications, postage, and shipping | $2,120 |
| Other expenses | $0 |
| Total expenses | $40,087 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $0 |
| Other assets | $0 |
| Total assets | $0 |
| Total liabilities | $0 |
| Net assets or fund balances | $0 |