Musical Art Society
- Assets
- $40.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Strasburg, PA
- Founding
- 03/1983
- Data as of
- 06/2018
- EIN
- 23-6445596
Organization Overview
Musical Art Society is located in Strasburg, PA. The organization was established in 1983. 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 Art Society 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 06/2018, Musical Art Society generated $6.5k 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 (32.8%) each year. All expenses for the organization totaled $5.4k during the year ending 06/2018. As we would expect to see with falling revenues, expenses have declined by (22.8%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.
Limited Data Available: This organization filed their most recent 990 in paper format. This filing methodology limits the information that can be extracted from the filing.Limited Data Available: This organization is one of the few in our database that filed their most recent 990 with the IRS in paper format. This filing methodology limits the information that can be extracted from the filing. This will, however, be changing soon; The IRS now requires all organizations to file their 990s electronically.
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Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,275 |
| Total Program Service Revenue | $1,732 |
| Membership dues | $1,413 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $1,041 |
| Total Revenue | $6,461 |
| Statement of Expenses | |
|---|---|
| Total expenses | $5,427 |
| Balance Sheet | |
|---|---|
| Total assets | $39,976 |
| Total liabilities | $0 |
| Net assets or fund balances | $39,976 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Whyhunger Inc New York, NY | $5,607,325 | $7,869,621 |
Caramoor Center For Music & The Arts Inc Katonah, NY | $49,439,168 | $6,140,543 |
Save The Music Foundation New York, NY | $5,156,662 | $8,206,045 |
American Friends Of Les Arts Florissants Inc New York, NY | $1,107,997 | $2,546,808 |
Chicken & Egg Pictures Inc Brooklyn, NY | $9,525,742 | $4,390,371 |
Young Concert Artists Inc New York, NY | $10,777,916 | $2,607,839 |
Play On Philly Philadelphia, PA | $3,128,034 | $1,933,765 |
New Music Usa Inc New York, NY | $21,074,524 | $3,287,635 |
Original Music Workshop Inc Brooklyn, NY | $4,224,196 | $2,706,667 |
Aaron Copland Fund For Music Inc New York, NY | $18,112,112 | $2,664,671 |
Liveconnections Org Philadelphia, PA | $1,829,032 | $2,774,957 |
Sing For Hope Inc New York, NY | $2,840,187 | $1,889,471 |