Norwalk Schools Music Boosters
- Assets
- $195.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Norwalk, IA
- Founding
- 02/1992
- Data as of
- 06/2024
- EIN
- 42-1359963
Organization Overview
Norwalk Schools Music Boosters is located in Norwalk, IA. The organization was established in 1992. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, 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. Norwalk Schools Music Boosters 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 06/2024, Norwalk Schools Music Boosters generated $52.5k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 7.2% each year. All expenses for the organization totaled $42.7k during the year ending 06/2024. While expenses have increased by 4.5% per year over the past 9 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Steve Clark President | 1 | $0 | |
Chad Keeling Financial Secretary | 1 | $0 | |
Kristen Magill Secretary | 1 | $0 | |
Sharla Stephenson Treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $24,387 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $5,765 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $22,300 |
| Other Revenue | $0 |
| Total Revenue | $52,452 |
| 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 | $16,987 |
| Printing, publications, postage, and shipping | $2,102 |
| Other expenses | $0 |
| Total expenses | $42,712 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $195,511 |
| Other assets | $0 |
| Total assets | $195,511 |
| Total liabilities | $0 |
| Net assets or fund balances | $195,511 |