Loadbang Inc
- Assets
- $13.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- New York, NY
- Founding
- 08/2014
- Data as of
- 06/2024
- EIN
- 46-1899944
Organization Overview
Loadbang Inc is located in New York, NY. The organization was established in 2014. According to its NTEE Classification (A60) the organization is classified as: Performing Arts, 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. Loadbang 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 06/2024, Loadbang Inc generated $153.3k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 10.3% each year . All expenses for the organization totaled $150.7k during the year ending 06/2024. While expenses have increased by 10.0% per year over the past 5 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
2024
Describe the Organization's Mission:
Part 3 - Line 1
LOADBANG OPERATES AS A 501(C)(3) NONPROFIT ORGANIZATION CALLED LOADBANG INC. LOADBANG'S MISSION IS TO COMMISSION NEW WORKS, WRITE WORKS FOR THE ENSEMBLE, AND DEVELOP A UNIQUE LANGUAGE OF IMPROVISATION. LOADBANG BELIEVES IN THE RECEPTIVITY OF CHILDREN TO EXPERIMENTAL ART AND IS COMMITTED TO BRINGING UNCOMPROMISING SOUNDS TO YOUNG EARS THROUGH OUTREACH PROGRAMS.
Describe the Organization's Program Activity:
Part 3
LOADBANG COMMISSIONED 4 COMPOSERS TO WRITE NEW WORKS FOR THE ENSEMBLE INCLUDING FERNANDO SANTIAGO, FELIPE LARA, DANIEL SABZGHABAEI, AND RAVEN CHACON.
LOADBANG VIDEO AND AUDIO RECORDED 4 CONCERTS AS WELL AS FINALIZING A LARGER RECORDING PROJECT. THIS ENABLES THE ENSEMBLE TO SHARE ITS WORK WITH THE GREATEST GLOBAL AUDIENCE POSSIBLE.
LOADBANG PRESENTED 4 IN PERSON AND LIVE STREAMED CONCERTS IN NEW YORK CITY AS WELL AS DOZENS OF PERFORMANCE ACROSS THE COUNTRY AND AROUND THE WORLD.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Andrew Kozar Executive Director | 10 | $19,150 | |
Adrian Sandi Director Of Development | 3 | $17,650 | |
Tyler Bouque Artistic Director | 3 | $17,450 | |
William Lang Treasurer | 3 | $17,150 | |
Menon Dwarka Board Member | 3 | $0 | |
Jon Deak Board Member | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $62,715 |
| Total Program Service Revenue | $90,309 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $153,264 |
| 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 | $93,932 |
| Occupancy, rent, utilities, and maintenance | $6,172 |
| Printing, publications, postage, and shipping | $780 |
| Other expenses | $49,785 |
| Total expenses | $150,669 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $11,092 |
| Other assets | $0 |
| Total assets | $13,151 |
| Total liabilities | $0 |
| Net assets or fund balances | $13,151 |