Mankato Suzuki School Of Music Inc
- Assets
- $49.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Mankato, MN
- Founding
- 05/1984
- Data as of
- 08/2022
- EIN
- 36-3263269
Organization Overview
Mankato Suzuki School Of Music Inc is located in Mankato, MN. The organization was established in 1984. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mankato Suzuki School Of Music 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 08/2022, Mankato Suzuki School Of Music Inc generated $176.2k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 15.5% each year . All expenses for the organization totaled $227.3k during the year ending 08/2022. While expenses have increased by 20.1% per year over the past 7 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
WEEKLY INDIVIDUAL & GROUP MUSIC LESSONS TO APPROXIMATELY 125 STUDENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mary Flanagan Executive Director | 20 | $0 | |
Craig Hanson Officer | 1 | $0 | |
Cindy Braam Officer | 1 | $0 | |
Kimberley Greenwood Officer | 1 | $0 | |
Jenny Stratton Officer | 1 | $0 | |
David Stordalen Officer | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $33,500 |
| Total Program Service Revenue | $135,776 |
| Membership dues | $3,400 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $3,400 |
| Other Revenue | $162 |
| Total Revenue | $176,238 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $39,585 |
| Professional fees and other payments to independent contractors | $112,203 |
| Occupancy, rent, utilities, and maintenance | $43,585 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $31,938 |
| Total expenses | $227,311 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $5,668 |
| Other assets | $0 |
| Total assets | $49,123 |
| Total liabilities | $53,706 |
| Net assets or fund balances | -$4,583 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Mankato Suzuki School Of Music Inc has recieved totaling $8,000.
| Awarding Organization | Amount |
|---|---|
Prairie Lakes Regional Arts Council Inc Waseca, MN | | $8,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Wisconsin Conservatory Of Music Inc Milwaukee, WI | $12,916,262 | $4,546,941 |
Preucil School Of Music Iowa City, IA | $5,696,584 | $1,870,215 |
Walker West Music Academy Saint Paul, MN | $1,276,732 | $1,732,905 |
St Paul Conservatory Of Music Saint Paul, MN | $282,927 | $625,706 |
Wausau Conservatory Of Music Inc Wausau, WI | $2,318,265 | $970,609 |
Center For Irish Music Inc St Paul, MN | $269,907 | $515,929 |
Wirth Center For The Performing Arts St Cloud, MN | $216,181 | $395,155 |
La Musica Lirics Inc Milwaukee, WI | $2,165 | $230,159 |
Mankato Suzuki School Of Music Inc Mankato, MN | $49,123 | $0 |
Music Academy Of Sun Prairie Inc Sun Prairie, WI | $87,652 | $0 |
Mount Calvary Academy Of Music Excelsior, MN | $71,647 | $171,983 |
Zenon Dance Company And School Inc Minneapolis, MN | $175,139 | $234,282 |