The Baja Musical Arts Initiative Inc
- Assets
- $5.0k
- Revenue
- $24.6k
- Investments
- $0.0
- Employees
- 0
- Location
- New York, NY
- Founding
- 05/2012
- Data as of
- 01/2018
- EIN
- 45-4859350
Organization Overview
The Baja Musical Arts Initiative Inc is located in New York, NY. The organization was established in 2012. According to its NTEE Classification (A68) the organization is classified as: Music, under the broad grouping of Arts, Culture & Humanities and related organizations.
For the year ending 01/2018, Baja Musical Arts Initiative Inc generated $24.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (43.1%) each year. All expenses for the organization totaled $17.7k during the year ending 01/2018. As we would expect to see with falling revenues, expenses have declined by (51.0%) per year over the past 3 years. 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
2018
Describe the Organization's Program Activity:
Part 3 - Line 4a
SHARING NOTES IS AN EXCHANGE PROGRAM BETWEEN THE UNITED STATES AND MEXICO FOR SPECIALIZED MUSICIANS, VOICE AND ORCHESTRAL/CHORAL CONDUCTING WITH A BACKGROUND IN TEACHING AND INTERESTED IN THE COMMUNITY WORK. THE OBJECTIVE IS TO OFFER MASTER CLASSES, LECTURES, RECITALS AND CONCERTS TO THE STUDENTS OF THE CENTRO DE ARTES MUSICALES TO INSPIRE THEM IN THEIR MUSICAL GROWTH AND USE MUSIC AS AN INSTRUMENT TO PROMOTE OTHER VALUES SUCH AS DISCIPLINE AND SOLIDARITY. AT THE SAME TIME IT OFFERS THE POSSIBILITY FOR WORLD CLASS MUSICIANS/TEACHERS TO BE PART OF A SOCIAL PROJECT WHERE MUSIC, CULTURE, LANGUAGE, POSSIBILITIES, AND INSPIRATION ARE PROMOTED.
REDES USA'S MISSION IS TO PROVIDE INTENSIVE PROGRAMMING FREE-OF-COST TO YOUNG PEOPLE AS A STRATEGY TO TRANSFORM COMMUNITIES AFFECTED BY POVERTY, VIOLENCE AND CRIME THROUGH MUSIC EDUCATION. REDES USA OPERATES IN NEW YORK'S MOST VULNERABLE NEIGHBORHOODS AND COMMUNITIES. IT PROMOTES MUSIC INSTRUCTION THAT INCORPORATES COMMUNITY-BUILDING AND MUSIC EDUCATION AT ITS CORE. AIMED AT YOUNG PEOPLE BETWEEN THE AGES OF 6 AND 17, REDES USA'S GOAL IS TO POSITIVELY IMPACT THE LIVING CONDITIONS OF STUDENT PARTICIPANTS AND THEIR FAMILIES. THE SOCIAL-EMOTIONAL COMPONENTS OF THE PROGRAM WILL INCLUDE INTENSE TEAM-BUILDING AND GROUP WORK.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Monica Abrego Executive Director | 40 | $5,600 | |
Alfredo Alvarez Cardenas President | 1 | $0 | |
Luis Fernando Vazquez Vice President | 1 | $0 | |
Hesiquia Landesbaum Finance Committee | 1 | $0 | |
Alma Delia Abrego Consultant/chair Fundraising | 1 | $0 | |
Juan Pablo Horcasitas Artistic Committee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $24,580 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $24,580 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $5,600 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,736 |
| Depreciation | $0 |
| Occupancy | $1,055 |
| Travel, conferences, and meetings | $305 |
| Printing and publications | $0 |
| Other expenses | $274 |
| Total operating and administrative expenses | $14,561 |
| Contributions, gifts, grants paid | $3,150 |
| Total expenses and disbursements | $17,711 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $5,014 |
| 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 | $5,014 |
| Accounts payable and accrued expenses | $6,000 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $150 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $6,150 |
Grants Awarded
Over the last fiscal year, The Baja Musical Arts Initiative Inc has awarded $12,850 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
NAYELI PAEZ PURPOSE: SCHOLARSHIP TO MUSIC SCHOOL | $11,200 |
YARED GARC A ROMERO PURPOSE: SCHOLARSHIP | $1,650 |