Levine Music Inc
- Assets
- $18.0m
- Revenue
- $11.2m
- Investments
- $0.0
- Employees
- 268
- Location
- Washington, DC
- Founding
- 06/1976
- Data as of
- 06/2022
- EIN
- 52-1063325
Organization Overview
Levine Music Inc is located in Washington, DC. The organization was established in 1976. According to its NTEE Classification (A6E) the organization is classified as: Performing Arts Schools, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 06/2022, Levine Music Inc employed 268 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Levine 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 06/2022, Levine Music Inc generated $11.2m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.6% each year. All expenses for the organization totaled $10.5m during the year ending 06/2022. While expenses have increased by 1.7% per year over the past 7 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
LEVINE MUSIC, WASHINGTON D.C. REGION'S PREEMINENT CENTER FOR MUSIC EDUCATION, IS A WELCOMING COMMUNITY WHERE CHILDREN AND ADULTS FIND LIFELONG INSPIRATION AND JOY THROUGH LEARNING, PERFORMING, LISTENING TO, AND PARTICIPATION WITH OTHERS IN MUSIC.LEVINE'S CORE VALUES, EXCELLENCE AND OPPORTUNITY, INFUSE EVERYTHING WE DO. OUR DISTINGUISHED FACULTY OFFERS A BROAD AND WELL-ROUNDED CURRICULUM THAT PROVIDES A STRONG MUSICAL FOUNDATION FOR STUDENTS OF DIFFERENT AGES, ABILITIES, AND INTERESTS. WE STRIVE TO MAKE LEVINE EDUCATION AVAILABLE TO EVERYONE. HUNDREDS OF OUR STUDENTS RECEIVED SUBSTANTIAL SCHOLARSHIP ASSISTANCE; MANY HUNDREDS MORE RECEIVE FREE INSTRUCTION THROUGH OUTREACH PROGRAMS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EDUCATION - LEVINE OFFERS OUTSTANDING MUSIC INSTRUCTION AND PROGRAMS TO STUDENTS OF ALL AGES, INTERESTS, AND SKILL LEVELS AT FIVE CAMPUSES IN THE DC AREA. LEVINE'S CORE VALUES -- EXCELLENCE, OPPORTUNITY AND COMMUNITY -- ARE EXEMPLIFIED IN LEVINE'S TEACHING PHILOSOPHY:--> WE PROVIDE OUR STUDENTS WITH A STRONG MUSICAL FOUNDATION, DEVELOPED THROUGH HIGH EDUCATIONAL STANDARDS AND DELIVERED THROUGH A STANDARD OF EXCELLENCE IN ALL AREAS OF STUDY BY OUR DEDICATED AND TALENTED FACULTY-ARTISTS.--> WE PROVIDE A DIVERSE, WELL-ROUNDED MUSIC EXPERIENCE TO EACH OF OUR STUDENTS REGARDLESS OF AGE, ABILITY OR FINANCIAL SITUATION.--> AT LEVINE WE COME TOGETHER IN MUSIC TO BUILD A COMPREHENSIVE COMMUNITY FOR ALL STUDENTS AND FAMILIES TO ENHANCE THEIR MUSICAL LEARNING EXPERIENCE.--> WE STRIVE TO DEVELOP A LIFELONG LOVE OF MUSIC THROUGHOUT THE LIVES OF EACH OF OUR STUDENTS.
OUTREACH & SCHOLARSHIPS - LEVINE PROVIDES MUSIC INSTRUCTION TO APPROXIMATELY 250 AT-RISK CHILDREN IN SELECTED DC PUBLIC SCHOOLS. OUR FIRST MUSIC PROGRAMS PROVIDE THESE CHILDREN WITH ESSENTIAL SKILLS THAT ENHANCE SOCIAL, EMOTIONAL, AND ACADEMIC DEVELOPMENT. LEVINE RECOGNIZES THAT THERE ARE STUDENTS THROUGHOUT OUR COMMUNITY WHO NEED FINANCIAL ASSISTANCE TO BE ABLE TO STUDY WITH US, AND THE SCHOOL IS COMMITTED TO SUPPORTING THESE STUDENTS. LEVINE PROVIDES BOTH NEED-BASED TUITION ASSISTANCE AND MERIT-BASED STIPENDS TO STUDENTS AT ALL OF OUR LOCATIONS. EACH YEAR OVER 300 STUDENTS RECEIVE SCHOLARSHIP FUNDING FOR MUSIC INSTRUCTION. TOTAL FOR OUTREACH AND SCHOLARSHIPS FOR THE YEAR ENDED 6/30/2022 WAS APPROXIMATELY $560,900.
MARKETING AND PUBLIC RELATIONS - LEVINE CONDUCTS VARIOUS EVENTS AND PERFORMANCES AND USES SOCIAL MEDIA, RADIO ADVERTISING, AND NEWSLETTERS IN ORDER TO INFORM THE PUBLIC AND RAISE AWARENESS OF THE BENEFITS OF MUSIC.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rafael Manalac CFO | Officer | 40 | $183,286 |
Stanley Spracker General Counsel | Officer | 40 | $159,119 |
Aimee Stephenson Halbruner VP Of Music Education | 40 | $143,101 | |
Rebecca Carey Exec Assist And Faculty | 40 | $135,396 | |
Alisa Ben-Ami VP Of Dev & Strategic Project | 40 | $130,960 | |
Jeffery Tribble Jr Ceo/president (beg 7/1/21) | Officer | 40 | $123,791 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
American Technology Services Information Technology | 6/29/21 | $156,660 |
Polinger Shannon & Luchs Co Upton Library Renovations | 6/29/21 | $412,611 |
Emily Goldstein Llc Digital Strategy Consulting | 6/29/21 | $121,339 |
Polinger Shannon & Luchs Co Upton Library Renovations | 6/29/21 | $412,611 |
American Technology Services Information Technology | 6/29/21 | $156,660 |
Emily Goldstein Llc Digital Strategy Consulting | 6/29/21 | $121,339 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $578,656 |
| Related organizations | $0 |
| Government grants | $1,679,135 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,500,195 |
| Noncash contributions included in lines 1a–1f | $323,273 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,757,986 |
| Total Program Service Revenue | $6,323,685 |
| Investment income | $181,781 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $561 |
| Net Income from Fundraising Events | -$153,259 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $7,593 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $11,157,550 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $560,866 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $598,915 |
| Compensation of current officers, directors, key employees. | $144,021 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $5,699,613 |
| Pension plan accruals and contributions | $18,482 |
| Other employee benefits | $434,478 |
| Payroll taxes | $491,634 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $84,413 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $1,785 |
| Fees for services: Investment Management | $21,721 |
| Fees for services: Other | $267,615 |
| Advertising and promotion | $108,126 |
| Office expenses | $170,223 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $641,457 |
| Travel | $56,530 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $33,532 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $628,454 |
| Insurance | $62,723 |
| All other expenses | $56,819 |
| Total functional expenses | $10,525,733 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,472,692 |
| Savings and temporary cash investments | $28,873 |
| Pledges and grants receivable | $968,395 |
| Accounts receivable, net | $43,205 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $45,361 |
| Prepaid expenses and deferred charges | $183,471 |
| Net Land, buildings, and equipment | $8,109,744 |
| Investments—publicly traded securities | $7,152,315 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $5,000 |
| Total assets | $18,009,056 |
| Accounts payable and accrued expenses | $370,515 |
| Grants payable | $0 |
| Deferred revenue | $1,588,899 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $781,833 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $2,741,247 |
| Net assets without donor restrictions | $7,254,061 |
| Net assets with donor restrictions | $8,013,748 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $18,009,056 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Levine Music Inc has recieved totaling $20,000.
| Awarding Organization | Amount |
|---|---|
Redskin Foundation Inc Bethesda, MD PURPOSE: TO SUPPORT YOUTH ACTIVITIES | $20,000 |
Endowment Analysis
| Beg. Balance | $7,780,628 |
| Earnings | -$1,401,678 |
| Net Contributions | $1,184,224 |
| Other Expense | $303,238 |
| Ending Balance | $7,259,936 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Levine Music Inc Washington, DC | $18,009,056 | $11,157,550 |
National Association For Music Education Reston, VA | $9,057,318 | $6,884,178 |
Imagination Stage Inc Bethesda, MD | $7,434,755 | $5,049,513 |
United States Eventing Association Leesburg, VA | $3,606,586 | $4,712,475 |
Dance Place Washington, DC | $6,291,453 | $1,912,991 |
School Of The Performing Arts In The Richmond Community Sparc Richmond, VA | $4,988,298 | $2,911,343 |
American String Teachers Association Incorporated Fairfax, VA | $1,824,284 | $1,512,044 |
Dance Institute Of Washington Inc Washington, DC | $1,055,707 | $1,517,581 |
Heifetz International Music Institute Inc Staunton, VA | $536,696 | $1,780,872 |
Washington Conservatory Of Music Glen Echo, MD | $1,346,543 | $1,194,047 |
National Theatre Workshop of the Handicapped Inc Washington, DC | $0 | $0 |
Young Artists Of America Inc North Bethesda, MD | $1,087,287 | $1,076,417 |