Musical Pathways Foundation Inc is located in Waunakee, WI. 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. Musical Pathways Foundation 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 08/2024, Musical Pathways Foundation Inc generated $73.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (6.5%) each year. All expenses for the organization totaled $72.2k during the year ending 08/2024. As we would expect to see with falling revenues, expenses have declined by (6.4%) per year over the past 9 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
2024
Describe the Organization's Program Activity:
Part 3
KINDERMUSIK EDUCATION CLASSES HAD 77 STUDENTS IN 20 CLASSES AND 79 MUSIC LESSON STUDENTS FOR THE SEPTEMBER 2023 THROUGH MAY 2024 SCHOOL YEAR.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Renee Frey President | 8 | $11,848 | |
Lisa Byczek Treasurer | 0.1 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $718 |
| Total Program Service Revenue | $73,168 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $73,758 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $11,848 |
| Professional fees and other payments to independent contractors | $38,837 |
| Occupancy, rent, utilities, and maintenance | $7,067 |
| Printing, publications, postage, and shipping | $4,905 |
| Other expenses | $9,567 |
| Total expenses | $72,224 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $5,162 |
| Other assets | $0 |
| Total assets | $5,162 |
| Total liabilities | $1,500 |
| Net assets or fund balances | $3,662 |