Music Institute Of Bardstown Inc
- Assets
- $12.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Bardstown, KY
- Founding
- 05/2007
- Data as of
- 06/2022
- EIN
- 20-3286248
Organization Overview
Music Institute Of Bardstown Inc is located in Bardstown, KY. 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. Music Institute Of Bardstown 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 06/2022, Music Institute Of Bardstown Inc generated $2.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (27.9%) each year. All expenses for the organization totaled $3.6k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (22.3%) per year over the past 7 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
2022
Describe the Organization's Program Activity:
Part 3
THE PRIMARY PURPOSE OF THIS ORGANIZATION IS TO PROMOTE AND PROVIDE OPPORTUNITIES FOR CHILDREN TO STUDY AND PERFORM MUSIC.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Darren Patrick President | 0.25 | $0 | |
Aynsley M Smith Treasurer | 0.25 | $0 | |
Constance Simms Secretary | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $2,590 |
| Membership dues | $0 |
| Investment income | $7 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $2,597 |
| 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 | $1,897 |
| Occupancy, rent, utilities, and maintenance | $1,300 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $448 |
| Total expenses | $3,645 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $9,261 |
| Other assets | $0 |
| Total assets | $12,943 |
| Total liabilities | $2,972 |
| Net assets or fund balances | $9,971 |
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