Groundwork Music Project Inc
- Assets
- $6.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 2
- Location
- Austin, TX
- Founding
- 01/2006
- Data as of
- 12/2022
- EIN
- 55-0881517
Organization Overview
Groundwork Music Project Inc is located in Austin, TX. The organization was established in 2006. According to its NTEE Classification (A25) the organization is classified as: Arts Education, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2022, Groundwork Music Project Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Groundwork Music Project 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 12/2022, Groundwork Music Project Inc generated $105.2k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 3.5% each year. All expenses for the organization totaled $103.6k during the year ending 12/2022. While expenses have increased by 2.5% per year over the past 8 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
GROUNDWORK MUSIC PROJECT PROVIDES FREE AND LOW COST WEEKLY MUSIC CLASSES IN SCHOOLS AND PRESCHOOLS IN TRAVIS CO. AND HAYS CO. TEXAS, SERVINGABOUT 300 CHILDREN ANNUALLY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Neal Kassanoff Creative/admin Director | 30 | $38,995 | |
Andrew Custer President | 1 | $0 | |
Kris Wade Treasurer | 1 | $0 | |
Inonge Khabele Director | 1 | $0 | |
Krysti Subieta Director | 1 | $0 | |
Chloe Weiss Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $63,239 |
| Total Program Service Revenue | $41,979 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $105,218 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $61,894 |
| Professional fees and other payments to independent contractors | $32,831 |
| Occupancy, rent, utilities, and maintenance | $6,341 |
| Printing, publications, postage, and shipping | $355 |
| Other expenses | $2,138 |
| Total expenses | $103,559 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $6,473 |
| Other assets | $0 |
| Total assets | $6,473 |
| Total liabilities | $20,765 |
| Net assets or fund balances | -$14,292 |