Medfield Music Association Inc is located in Medfield, MA. The organization was established in 1972. According to its NTEE Classification (A11) the organization is classified as: Single Organization Support, 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. Medfield Music Association 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, Medfield Music Association Inc generated $25.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (5.2%) each year. All expenses for the organization totaled $29.8k during the year ending 08/2023. As we would expect to see with falling revenues, expenses have declined by (2.6%) per year over the past 5 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
2023
Describe the Organization's Program Activity:
Part 3
TO ASSIST MUSIC DEPARTMENT IN THE PLANNING AND ADMINISTRATION OF MUSIC TRIPS AND COMPETITIONS FOR ORCHESTRA, BAND, AND CHORUS. PROVIDE SCHOLARSHIPS TO STUDENTS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Cathy Oneil Co President | 2 | $0 | |
Jamie Oloughlin Co President | 2 | $0 | |
Sue Ten Hagen Director | 1 | $0 | |
Sara Remington Secretary | 1 | $0 | |
Meg Cabezud Director | 1 | $0 | |
Amanda Chin Director | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $14,736 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $232 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $10,032 |
Other Revenue | $0 |
Total Revenue | $25,000 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $0 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $2,578 |
Other expenses | $27,220 |
Total expenses | $29,798 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $45,450 |
Other assets | $0 |
Total assets | $45,450 |
Total liabilities | $0 |
Net assets or fund balances | $45,450 |