Plectra Music Inc
- Assets
- $10.3k
- Revenue
- $135.7k
- Investments
- $0.0
- Employees
- 0
- Location
- Greenville, DE
- Founding
- 02/2002
- Data as of
- 12/2021
- EIN
- 51-0403569
Organization Overview
Plectra Music Inc is located in Greenville, DE. The organization was established in 2002. According to its NTEE Classification (T23) the organization is classified as: Private Operating Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Plectra Music 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 12/2021, Plectra Music Inc generated $135.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (12.3%) each year. All expenses for the organization totaled $132.8k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (5.1%) per year over the past 7 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
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
PRODUCE RECORDINGS RARELY HEARD OF BAROQUE AND EARLY MUSIC ON ANTIQUE INSTRUMENTS FEATURING HISTORICALLY INFORMED PERFORMANCES BY ACCLAIMED ARTISTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Karen G Flint Vice President/ Secretary | 10 | $0 | |
Peter H Flint President/treasurer | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $95,000 |
| 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 | $4,724 |
| Other Income | $36,000 |
| Total Revenue | $135,724 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $78,332 |
| Pension plans, employee benefits | $18,010 |
| Interest | $0 |
| Taxes | $5,992 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $1,277 |
| Printing and publications | $0 |
| Other expenses | $26,729 |
| Total operating and administrative expenses | $132,840 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $132,840 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $10,276 |
| 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 | $10,276 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $4,024 |
| Total liabilities | $4,024 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Plectra Music Inc has recieved totaling $75,000.
| Awarding Organization | Amount |
|---|---|
Shrieking Meadow Foundation Greenville, DE PURPOSE: GENERAL OPERATIONS | $75,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Community Education Building Corp Wilmington, DE | $62,091,900 | $5,409,569 |
Stoneleigh Foundation Philadelphia, PA | $92,384,286 | $2,978,235 |
Global Ahead Inc Derwood, MD | $0 | $4,557,570 |
Satell Institute King Of Prussia, PA | $13,359,727 | $1,126,245 |
Rona And Jeffrey Abramson Foundation Rockville, MD | $47,786,937 | $3,092,454 |
Jack Miller Center For Teaching Americas Founding Principles And Bala Cynwyd, PA | $14,689,077 | $1,577,352 |
Wheaton Arts And Cultural Center Inc Millville, NJ | $6,256,174 | $3,464,653 |
Jayne Koskinas Ted Giovanis Foundation For Health And Policy Highland, MD | $14,613,580 | $2,825,934 |
Artyard Erwinna, PA | $77,186,190 | $24,985,342 |
Mansmann Foundation Pa Pittsburgh, PA | $6,102,751 | $745,895 |
Tamim Academies Narberth, PA | $1,567,123 | $2,002,258 |
The Uplands Center Foundation North Haledon, NJ | $18,508,198 | $1,883,897 |