Virginia Grand Military Band Incorporated
- Assets
- $52.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Haymarket, VA
- Founding
- 06/1998
- Data as of
- 12/2021
- EIN
- 54-1892964
Organization Overview
Virginia Grand Military Band Incorporated is located in Haymarket, VA. The organization was established in 1998. According to its NTEE Classification (A69) the organization is classified as: Symphony Orchestras, 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. Virginia Grand Military Band Incorporated 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, Virginia Grand Military Band Incorporated generated $12.0k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.9%) each year. All expenses for the organization totaled $12.4k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (3.9%) per year over the past 7 years. 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
2021
Describe the Organization's Program Activity:
Part 3
HELD BAND CONCERTS AND SOLD MILITARY BAND CDS AND AUDIO TAPES TO PROMOTE GOOD, CLEAN, AFFORDABLE FAMILY FUN. HOWEVER, DUE TO COVID RESTRICTIONS, THE ORGANIZATION WAS UNABLE TO HOLD ANY CONCERTS IN 2021. SEASON TICKET SALES RECEIVED AND VENUE FEES PAID IN 2021 WERE CONVERTED TO 2022 TICKETS AND VENUE PAYMENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jeffrey E Arwood President & CEO | 4 | $0 | |
Doris Stegeman Director | 4 | $0 | |
Mary K Arwood Treasurer | 4 | $0 | |
Loras John Schissel Director | 4 | $0 | |
Scott Shelsta Director | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $14,414 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $5 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | -$2,318 |
| Other Revenue | $2 |
| Total Revenue | $12,002 |
| 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 | $1,145 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $2,750 |
| Other expenses | $8,547 |
| Total expenses | $12,442 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $52,246 |
| Other assets | $0 |
| Total assets | $52,246 |
| Total liabilities | $0 |
| Net assets or fund balances | $52,246 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Louisville Orchestra Inc Louisville, KY | $7,756,568 | $11,516,592 |
Virginia Symphony Orchestra Norfolk, VA | $5,267,903 | $8,191,490 |
Richmond Symphony Richmond, VA | $2,392,826 | $8,372,945 |
Knoxville Symphony Society Inc Knoxville, TN | $1,484,079 | $3,960,669 |
Memphis Symphony Orchestra Inc Memphis, TN | $6,274,797 | $4,582,397 |
Greensboro Symphony Orchestra Incorporated Greensboro, NC | $1,104,196 | $3,569,093 |
National Philharmonic Orchestra & Chorale Of Mongomery County Inc North Bethesda, MD | $1,849,727 | $2,888,620 |
Winston Salem Symphony Assoc Winstonsalem, NC | $6,175,789 | $3,471,563 |
West Virginia Symphony Orchestra Inc Charleston, WV | $1,691,632 | $2,378,375 |
Chattanooga Symphony And Opera Association Chattanooga, TN | $2,736,698 | $2,680,505 |
Annapolis Symphony Orchestra Association Inc Annapolis, MD | $7,107,921 | $5,168,158 |
Wheeling Symphony Society Inc Wheeling, WV | $3,618,630 | $1,903,056 |