Fremd Instrumental Association
- Assets
- $95.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Palatine, IL
- Founding
- 06/1975
- Data as of
- 07/2022
- EIN
- 23-7337970
Organization Overview
Fremd Instrumental Association is located in Palatine, IL. The organization was established in 1975. According to its NTEE Classification (B94) the organization is classified as: Parent & Teacher Groups, 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. Fremd Instrumental Association 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 07/2022, Fremd Instrumental Association generated $70.0k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.9% each year. All expenses for the organization totaled $48.7k during the year ending 07/2022. 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 |
|---|---|---|---|
Darci Callison President | 10 | $0 | |
Sara Gibson VP Orchestra | 5 | $0 | |
Melissa Schlesinger VP Band | 5 | $0 | |
Jen Moretti VP Marching Bd. | 5 | $0 | |
Debbie Waggoner Treasurer | 5 | $0 | |
Tracy Tziortzis VP Choir | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,054 |
| Total Program Service Revenue | $0 |
| Membership dues | $11,772 |
| Investment income | $11 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $56,180 |
| Other Revenue | $0 |
| Total Revenue | $70,017 |
| 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 | $0 |
| Other expenses | $45,301 |
| Total expenses | $48,650 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $95,325 |
| Other assets | $0 |
| Total assets | $95,325 |
| Total liabilities | $0 |
| Net assets or fund balances | $95,325 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Fremd Instrumental Association has recieved totaling $209.
| Awarding Organization | Amount |
|---|---|
Bank Of America Charitable Foundation Inc Charlotte, NC PURPOSE: OPERATIONAL SUPPORT | $150 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $59 |
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