Daces Rock N More Music Academy
- Assets
- $51.1k
- Revenue
- $262.6k
- Investments
- $0.0
- Employees
- 9
- Location
- Maple Valley, WA
- Founding
- 12/2010
- Data as of
- 05/2023
- EIN
- 30-0483046
Organization Overview
Daces Rock N More Music Academy is located in Maple Valley, WA. The organization was established in 2010. According to its NTEE Classification (A6E) the organization is classified as: Performing Arts Schools, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 05/2023, Daces Rock N More Music Academy employed 9 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Daces Rock N More Music Academy 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 05/2023, Daces Rock N More Music Academy generated $262.6k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 4.4% each year. All expenses for the organization totaled $319.8k during the year ending 05/2023. While expenses have increased by 8.4% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
DACE'S ROCK N MORE MUSIC ACADEMY PROVIDES A POSITIVE, UPLIFTING AND INCLUSIVE EDUCATIONAL EXPERIENCE FOR ALL MEMBERS OF THE COMMUNITY THROUGH PRIVATE, CLASS AND APPLIED MUSIC INSTRUCTION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDING MUSIC EDUCATION THROUGH CLASSES AND HOLDING QUARTERLY PUBLIC PERFORMANCES TO SHOWCASE STUDENTS' TALENTS AND ACCOMPLISHMENTS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dace Anderson President | Officer | 10 | $73,702 |
Arielle Young Vice Preside | Officer | 10 | $43,276 |
Kris Hill Board Member | Officer | 1 | $0 |
Dave Stockwell Secretary | Officer | 1 | $0 |
Zachary Thieme Director | Officer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $75,379 |
| All other contributions, gifts, grants, and similar amounts not included above | $17,702 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $93,081 |
| Total Program Service Revenue | $169,543 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $262,624 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $116,978 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $55,229 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $50,874 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $9,523 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $31,223 |
| Advertising and promotion | $123 |
| Office expenses | $1,973 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $34,658 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $23 |
| Interest | $3,752 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $3,645 |
| All other expenses | $235 |
| Total functional expenses | $319,819 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $51,098 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $51,098 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $138,445 |
| Total liabilities | $138,445 |
| Net assets without donor restrictions | -$87,347 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $51,098 |