Allegro Music School Inc
- Assets
- $113.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 10
- Location
- Brookline, MA
- Founding
- 09/2003
- Data as of
- 12/2021
- EIN
- 22-3859424
Organization Overview
Allegro Music School Inc is located in Brookline, MA. The organization was established in 2003. 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 12/2021, Allegro Music School Inc employed 10 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Allegro Music School 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 12/2021, Allegro Music School Inc generated $114.1k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.7%) each year. All expenses for the organization totaled $128.6k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (1.4%) 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
2021
Describe the Organization's Program Activity:
Part 3
EDUCATION IN PLAYING AND APPRECIATION OF MUSIC
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Doina Simovici President/director | 45 | $64,842 | |
Lisa Macdonald Director | 0 | $0 | |
Ann Schwarz Director | 0 | $0 | |
Kathleen Hogan Clerk/director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,700 |
| Total Program Service Revenue | $110,112 |
| Membership dues | $0 |
| Investment income | $238 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $114,050 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $101,210 |
| Professional fees and other payments to independent contractors | $5,400 |
| Occupancy, rent, utilities, and maintenance | $5,324 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $16,680 |
| Total expenses | $128,614 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $113,920 |
| Other assets | $0 |
| Total assets | $113,920 |
| Total liabilities | $137 |
| Net assets or fund balances | $113,783 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
American Musical & Dramatic Academy New York, NY | $154,874,684 | $91,373,218 |
Universal Ballet Foundation Tarrytown, NY | $0 | $12,642,868 |
School Of American Ballet Inc New York, NY | $111,037,435 | $21,205,372 |
Society Of The Third Street Music School Settlement Inc New York, NY | $23,512,540 | $9,331,737 |
Professional Childrens School Inc New York, NY | $20,795,903 | $7,913,959 |
Elaine Kaufman Cultural Center-Lucy Moses School For Music And Dance New York, NY | $27,086,297 | $8,434,600 |
Usdan Center For The Creative And Performing Arts Wheatley Heights, NY | $9,094,063 | $7,842,834 |
The Brooklyn Queens Conservatory Of Music Brooklyn, NY | $5,364,852 | $5,242,264 |
South Shore Conservatory Of Music Inc Hingham, MA | $8,426,542 | $4,813,797 |
Neighborhood Music School Inc New Haven, CT | $8,041,622 | $5,408,099 |
Hoff Barthelson Music School Scarsdale, NY | $5,808,540 | $3,629,362 |
David Hochstein Memorial Music School Inc Rochester, NY | $9,075,130 | $4,251,000 |