Institute For Acoustics For The Performing Arts is located in New York, NY. The organization was established in 2001. According to its NTEE Classification (A60) the organization is classified as: Performing Arts, under the broad grouping of Arts, Culture & Humanities and related organizations.
For the year ending 06/2020, Institute For Acoustics For The Performing Arts generated $1.3k 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 (35.2%) each year. All expenses for the organization totaled $171.1k during the year ending 06/2020. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2020
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE INSTITUTE FOR ACOUSTICS FOR THE PERFORMING ARTS IS WORKING TO FORM A WORKING PARTNERSHIP (COLLABORATION) WITH ARTREACH TO HELP THEM EXPAND THEIR SERVICES. ARTREACH RECEIVES ANNUAL DONATIONS OF OVER $1M VALUE IN TICKETS TO CULTURAL/PERFORMING ARTS EVENTS WHICH ARE DISTRIBUTED TO THOUSANDS OF NEEDY INDIVIDUALS THROUGH HUNDREDS OF SERVICE ORGANIZATIONS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Herman Krawitz President And Treasurer | 1 | $0 | |
David Krawitz Executive Director And Sec | 40 | $63,206 | |
Lisa Kahlden Board Member | 1 | $0 | |
Elizabeth Kunkel Board Member | 1 | $0 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $0 |
Interest on Savings | $0 |
Dividends & Interest | $1,378 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | -$107 |
Capital Gain Net Income | $0 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $0 |
Total Revenue | $1,271 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $63,206 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $35,040 |
Interest | $0 |
Taxes | $213 |
Depreciation | $0 |
Occupancy | $0 |
Travel, conferences, and meetings | $982 |
Printing and publications | $0 |
Other expenses | $5,569 |
Total operating and administrative expenses | $128,645 |
Contributions, gifts, grants paid | $42,479 |
Total expenses and disbursements | $171,124 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $0 |
Net Accounts receivable | $0 |
Net Pledges Receivable | $0 |
Grants receivable | $0 |
Receivables from Officers, Directors, or Controlling Persons | $0 |
Net other notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Investments - land, buildings, equipment | $0 |
Investments—mortgage loans | $0 |
Investments—other | $0 |
Net Land, buildings, and equipment | $0 |
Other assets | $0 |
Total assets | $0 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Mortgages and other notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $0 |