Kemps Landing Magnet School Music Parents Association
- Assets
- $17.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Virginia Beach, VA
- Founding
- 06/2002
- Data as of
- 06/2024
- EIN
- 54-1944481
Organization Overview
Kemps Landing Magnet School Music Parents Association is located in Virginia Beach, VA. The organization was established in 2002. According to its NTEE Classification (B94) the organization is classified as: Parent & Teacher Groups, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Kemps Landing Magnet School Music Parents Association 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 06/2024, Kemps Landing Magnet School Music Parents Association generated $13.5k 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 (6.7%) each year. All expenses for the organization totaled $11.4k during the year ending 06/2024. As we would expect to see with falling revenues, expenses have declined by (13.6%) per year over the past 6 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
2024
Describe the Organization's Program Activity:
Part 3
TO PROVIDE SUPPLIES AND EQUIPMENT TO AID PERFORMING ARTS PROGRAM. TO ASSIST TEACHERS WITH PERFORMANCES.
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 |
|---|---|---|---|
Megan Crain President | 10 | $0 | |
Tracy Meares Treasurer - Band | 10 | $0 | |
Laura Lumagui Treasurer - Theatre | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,136 |
| Total Program Service Revenue | $0 |
| Membership dues | $3,834 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $4,522 |
| Other Revenue | $0 |
| Total Revenue | $13,492 |
| 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 | $75 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $11,309 |
| Total expenses | $11,384 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $17,942 |
| Other assets | $0 |
| Total assets | $17,942 |
| Total liabilities | $0 |
| Net assets or fund balances | $17,942 |