Sanderson Music Boosters
- Assets
- $116.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Raleigh, NC
- Founding
- 08/1979
- Data as of
- 05/2024
- EIN
- 51-0197081
Organization Overview
Sanderson Music Boosters is located in Raleigh, NC. The organization was established in 1979. According to its NTEE Classification (A11) the organization is classified as: Single Organization Support, 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. Sanderson 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 05/2024, Sanderson Music Boosters generated $113.1k in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (0.5%) each year. All expenses for the organization totaled $79.0k during the year ending 05/2024. As we would expect to see with falling revenues, expenses have declined by (1.1%) per year over the past 9 years. 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 |
|---|---|---|---|
Rob Howard President | 5 | $0 | |
Rachel Gorrell President Elect | 5 | $0 | |
Lisa Harpe Secretary | 2 | $0 | |
Liese Faircloth Treasurer | 5 | $0 | |
Madeleine Bunga Assistant Treasurer | 5 | $0 | |
Maggie Handest Marketing Chair | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $20,874 |
| Total Program Service Revenue | $71,340 |
| Membership dues | $0 |
| Investment income | $6 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $18,236 |
| Other Revenue | $2,345 |
| Total Revenue | $113,072 |
| 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 | $38,914 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $513 |
| Other expenses | $39,538 |
| Total expenses | $78,965 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $85,771 |
| Other assets | $0 |
| Total assets | $116,810 |
| Total liabilities | $4,500 |
| Net assets or fund balances | $112,310 |