The Village A Community Musical Arts Alliance Inc
- Assets
- $411.5k
- Revenue
- $296.6k
- Investments
- $0.0
- Employees
- 4
- Location
- South Bend, IN
- Founding
- 06/2013
- Data as of
- 12/2022
- EIN
- 45-4731919
Organization Overview
The Village A Community Musical Arts Alliance Inc, operating under the name The Music Village, is located in South Bend, IN. The organization was established in 2013. According to its NTEE Classification (B90) the organization is classified as: Educational Services, under the broad grouping of Education and related organizations. As of 12/2022, Music Village employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Music Village 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 12/2022, Music Village generated $296.6k in total revenue. The organization has seen a slow decline revenue. Over the past 4 years, revenues have fallen by an average of (1.6%) each year. All expenses for the organization totaled $303.1k during the year ending 12/2022. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE MUSIC VILLAGE, A COMMUNITY MUSICAL ARTS ALLIANCE, CELEBRATES MUSIC AND CULTURAL EXPRESSIONS ROOTED IN THE TRADITIONS OF DIVERSE LOCAL AND GLOBAL COMMUNITIES IN THE HEART OF DOWNTOWN SOUTH BEND, INDIANA. THE MUSIC VILLAGE STRIVES TO DEMONSTRATE THIS BY TEACHING AND PRESENTING MUSIC THAT REFLECTS THE RICH AND VARIED CULTURAL TRADITIONS OF THE SOUTH BEND AREA'S DIVERSE COMMUNITIES. THE LOCATION OF THE MUSIC VILLAGE EXPRESSES OUR COMMITMENT TO RESTORING DOWNTOWN VITALITY AND VIBRANCY WITH ITS STABILIZING PRESENCE. RESOURCES AND ACTIVITIES FOCUS ON IMPROVING AND EXPANDING MUSICAL ARTS OPPORTUNITIES FOR PEOPLE OF ALL AGES, INTEREST, ABILITIES, AND BACKGROUNDS. AT THE MUSIC VILLAGE, WE PROVIDE THE TOOLS FOR PEOPLE TO MAKE THEIR OWN MUSIC AND USE DANCE TO ENGAGE WITH THE SAME. THIS IS A PLACE WHERE YOUNG AND OLD, BEGINNERS AND ADVANCED PLAYERS, AND PEOPLE FROM VARIOUS CULTURES AND TRADITIONS COME TOGETHER TO CREATE MUSIC, EXPERIENCE DANCE AND LEARN FROM EACH OTHER. THE MUSIC VILLAGE IS A P
Describe the Organization's Program Activity:
Part 3 - Line 4a
MUSIC CAMPS, CLASSES (GUITAR, VIOLA/VIOLIN, SAXAPHONE, VOICE, DANCE, ETC), MUSIC/DANCE WORKSHOPS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joshua Aerie Executive Di | OfficerTrustee | 40 | $75,000 |
Daniel Cory Legal Counse | OfficerTrustee | 0 | $0 |
Samuel Cressy Vice Preside | OfficerTrustee | 0 | $0 |
Noah Davey President | OfficerTrustee | 0 | $0 |
John Dilling Treasurer | OfficerTrustee | 0 | $0 |
Darius Garner Director | Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $173,836 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $173,836 |
| Total Program Service Revenue | $122,813 |
| 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 | $296,649 |
| 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. | $75,000 |
| Compensation of current officers, directors, key employees. | $75,000 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $57,525 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $10,138 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,175 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $3,832 |
| Office expenses | $3,705 |
| Information technology | $485 |
| Royalties | $0 |
| Occupancy | $30,127 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $10,823 |
| Insurance | $1,221 |
| All other expenses | $4,839 |
| Total functional expenses | $303,133 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $89,866 |
| 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 | $106,258 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $215,372 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $411,496 |
| 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 | $1,896 |
| Total liabilities | $1,896 |
| Net assets without donor restrictions | $409,600 |
| 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 | $411,496 |