Susquehanna Folk Music Society Inc
- Assets
- $54.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Etters, PA
- Founding
- 05/1987
- Data as of
- 08/2023
- EIN
- 23-2351355
Organization Overview
Susquehanna Folk Music Society Inc is located in Etters, PA. The organization was established in 1987. According to its NTEE Classification (A6B) the organization is classified as: Singing & Choral Groups, 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. Susquehanna Folk Music Society 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 08/2023, Susquehanna Folk Music Society Inc generated $140.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (5.4%) each year. All expenses for the organization totaled $125.6k during the year ending 08/2023. As we would expect to see with falling revenues, expenses have declined by (7.2%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Peter Winter Lee Executive Director | 40 | $34,083 | |
Steven Wennberg President / Acting Secretary / Director | 10 | $0 | |
Frederick Heagy Vice President / Director | 5 | $0 | |
Krista Harper Vice President / Director | 5 | $0 | |
Ezra Match Vice President / Director | 5 | $0 | |
Terry Bachmann Vice President / Director | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $77,183 |
| Total Program Service Revenue | $46,561 |
| Membership dues | $10,890 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $5,932 |
| Other Revenue | $40 |
| Total Revenue | $140,816 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $37,819 |
| Professional fees and other payments to independent contractors | $56,132 |
| Occupancy, rent, utilities, and maintenance | $6,653 |
| Printing, publications, postage, and shipping | $3,847 |
| Other expenses | $21,145 |
| Total expenses | $125,596 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $54,254 |
| Other assets | $0 |
| Total assets | $54,254 |
| Total liabilities | $1,558 |
| Net assets or fund balances | $52,696 |