The Library Of Musiclandria
- Assets
- $281.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Sacramento, CA
- Founding
- 06/2017
- Data as of
- 12/2022
- EIN
- 46-3621749
Organization Overview
The Library Of Musiclandria is located in Sacramento, CA. The organization was established in 2017. According to its NTEE Classification (A68) the organization is classified as: Music, 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. Library Of Musiclandria 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, Library Of Musiclandria generated $184.9k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 73.0% each year . All expenses for the organization totaled $180.7k during the year ending 12/2022. 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 Mission:
Part 3 - Line 1
WE ARE DEDICATED TO BREAKING DOWN THE BARRIERS TO MUSICAL EXPLORATION. WE INSPIRE PERSONAL GROWTH AND CREATIVE INNOVATION THROUGH HANDS-ON LEARNING OPPORTUNITIES.
Describe the Organization's Program Activity:
Part 3
PROFESSIONAL DEVELOPMENT PROGRAM: PROFESSIONAL DEVELOPMENT PROGRAM HAS SERVED OVER 600 PEOPLE AND PROVIDES PRACTICE SPACE, RECORDING, AND STREAMING SERVICES IN AN AUDIO AND VIDEO PRODUCTION STUDIO; AN ON-LINE RADIO STATION, AND CAREER PLANNING IN MARKETING, BAND MANAGEMENT, AND BOOKING TO MUSICIANS AT ALL LEVELS.
LENDING PROGRAM: OUR LENDING PROGRAM CONSTITUTES THE FOUNDATION OF OUR OPERATION, WITH MORE THAN 950 INSTRUMENTS AND PIECES OF GEAR AVAILABLE FOR FREE CHECK-OUT, JUST LIKE BOOKS FROM A LIBRARY. THIS INCLUDES BAND INSTRUMENTS, GUITARS, AMPS, DRUM MACHINES, RECORDING GEAR, SYNTHESIZERS, EFFECT PEDALS, AND MORE. WE HAVE NEARLY 500 REGISTERED USERS AND HAVE COMPLETED OVER 19,000 LOANS SINCE OPENING.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Hale Board Member, Program Manager | 60 | $38,633 | |
Michael Bahr Board Member | 1 | $0 | |
Campbell Ingram Board Member | 1 | $0 | |
Jason Daniels Board Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $159,075 |
| Total Program Service Revenue | $25,806 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $184,881 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $42,570 |
| Professional fees and other payments to independent contractors | $30,753 |
| Occupancy, rent, utilities, and maintenance | $14,400 |
| Printing, publications, postage, and shipping | $3,395 |
| Other expenses | $89,545 |
| Total expenses | $180,663 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $113,548 |
| Other assets | $0 |
| Total assets | $281,548 |
| Total liabilities | $0 |
| Net assets or fund balances | $281,548 |