International Trumpet Guild
- Assets
- $1.1m
- Revenue
- $452.4k
- Investments
- $0.0
- Employees
- 5
- Location
- Davenport, IA
- Founding
- 12/1976
- Data as of
- 06/2021
- EIN
- 54-1030357
Organization Overview
International Trumpet Guild is located in Davenport, IA. The organization was established in 1976. According to its NTEE Classification (B90) the organization is classified as: Educational Services, under the broad grouping of Education and related organizations. As of 06/2021, International Trumpet Guild employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. International Trumpet Guild 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 06/2021, International Trumpet Guild generated $452.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (6.1%) each year. All expenses for the organization totaled $325.1k during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (11.1%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE COMMUNIATION AMONG TRUMPET PLAYERS AROUND THE WORLD AND TO IMPROVE THE ARTISTIC LEVEL OF PERFORMANCE, TEACHING AND LITERATURE ASSOCIATED WITH THE TRUMPET.
Describe the Organization's Program Activity:
THE ORGANIZATION PUBLISHES A JOURNAL CONTAINING EDUCATIONAL, SCIENTIFIC, HISTORICAL AND OTHER MATERIAL APPROPRIATE TO THE TRUMPET. ADDITIONALLY, THE ORGANIZATION PRODUCES AUDIO CDS, DVDS AND SHEET MUSIC IN THE ACHIEVEMENT OF THEIR EXEMPT PURPOSE. THE ORGANIZATION ANNUALLY PROVIDES THESE SERVICES TO AS MANY AS THREE THOUSAND SEVEN HUNDRED INDIVIDUALS AND INSTITUTIONS.
COMPETITION AWARDS AND CONFERENCE SCHOLARSHIPS. INCLUDED WERE EIGHTEEN AWARDS FOR COMPETITIONS AND FORTY-FIVE $250 SCHOLARSHIPS AWARDED FOR MERIT.
CONFERENCE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dixie Buress Treasurer | OfficerTrustee | 25 | $30,143 |
Peter Wood Director | Trustee | 15 | $27,000 |
Michael Anderson Director | Trustee | 10 | $8,400 |
Grant Peters President | OfficerTrustee | 25 | $0 |
Cathy Leach Past President | OfficerTrustee | 5 | $0 |
Elisa Koehler Secretary | OfficerTrustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $137,332 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $137,332 |
| Total Program Service Revenue | $276,888 |
| Investment income | $24,857 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $13,297 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $452,372 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $33,750 |
| Grants and other assistance to Foreign Orgs/Individuals | $5,500 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $65,543 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $104,340 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $12,171 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $3,425 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $1,176 |
| Fees for services: Other | $3,650 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $3,650 |
| Royalties | $0 |
| Occupancy | $3,000 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,400 |
| Insurance | $2,474 |
| All other expenses | $16,261 |
| Total functional expenses | $325,140 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $278,148 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | -$4,553 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $3,807 |
| Investments—publicly traded securities | $817,668 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $12,169 |
| Total assets | $1,107,239 |
| Accounts payable and accrued expenses | $9,927 |
| Grants payable | $0 |
| Deferred revenue | $82,874 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $91,484 |
| Total liabilities | $184,285 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| 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 | $922,954 |
| Total liabilities and net assets/fund balances | $1,107,239 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that International Trumpet Guild has recieved totaling $37,090.
| Awarding Organization | Amount |
|---|---|
Coastal Bend Community Foundation Corpus Christi, TX PURPOSE: PROGRAM SUPPORT | $37,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $90 |
Endowment Analysis
| Beg. Balance | $284,020 |
| Earnings | $40,328 |
| Net Contributions | $20,225 |
| Other Expense | $7,922 |
| Ending Balance | $336,651 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Chicago Cook Workforce Partnership Chicago, IL | $32,171,643 | $83,286,997 |
Aspira Inc Of Illinois Chicago, IL | $37,783,687 | $23,094,089 |
Riverbend Head Start Delegate Inc Alton, IL | $2,230,032 | $11,645,370 |
Collective For Youth Omaha, NE | $16,344,773 | $14,408,697 |
Academy For Urban School Leadership Chicago, IL | $9,385,123 | $10,302,671 |
Primo Center For Women And Children Chicago, IL | $5,281,489 | $8,337,109 |
Wallin Education Partners St Paul, MN | $25,848,040 | $10,926,258 |
North Chicago Education Fund Chicago, IL | $29,249,144 | $33,611 |
New American Development Center Minneapolis, MN | $3,930,676 | $9,122,032 |
Bluesky Charter School Bloomington, MN | $6,912,497 | $6,906,603 |
Us Math Recovery Council Eagan, MN | $3,296,483 | $6,771,005 |
Racine Charter One Inc Racine, WI | $5,378,275 | $6,487,272 |