Technology Institute For Music Educators
- Assets
- $56.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Fairview, TN
- Founding
- 05/2000
- Data as of
- 12/2021
- EIN
- 23-2830764
Organization Overview
Technology Institute For Music Educators is located in Fairview, TN. The organization was established in 2000. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Technology Institute For Music Educators 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, Technology Institute For Music Educators generated $82.3k 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 (7.1%) each year. All expenses for the organization totaled $58.6k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (8.2%) per year over the past 7 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 |
|---|---|---|---|
Michael Lawson Executive Director | 9 | $22,000 | |
Ryan Sargent Vice President | 2 | $0 | |
Amy Burns Secretary | 2 | $0 | |
Scott Watson Board Member | 2 | $0 | |
Jay Dorfman Board Member | 2 | $0 | |
Will Kuhn President-Elect | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $51,000 |
| Total Program Service Revenue | $23,575 |
| Membership dues | $7,465 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $285 |
| Total Revenue | $82,325 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $22,000 |
| Professional fees and other payments to independent contractors | $4,275 |
| Occupancy, rent, utilities, and maintenance | $1,524 |
| Printing, publications, postage, and shipping | $804 |
| Other expenses | $29,951 |
| Total expenses | $58,554 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $56,581 |
| Other assets | $0 |
| Total assets | $56,581 |
| Total liabilities | $0 |
| Net assets or fund balances | $56,581 |
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