Pacific Music Associations
- Assets
- $20.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Milpitas, CA
- Founding
- 01/2003
- Data as of
- 12/2023
- EIN
- 56-2349338
Organization Overview
Pacific Music Associations is located in Milpitas, CA. The organization was established in 2003. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Pacific Music Associations 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 12/2023, Pacific Music Associations generated $25.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (27.9%) each year. All expenses for the organization totaled $49.5k during the year ending 12/2023. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
PRESERVE AND PROMOTE VIETNAMESE AND WORLD MUSIC THROUGH TRAINING PROGRAMS, COMMUNITY EVENTS, FREE ONLINE MUSIC WORKSHOPS AND PRODUCTIONS.
Describe the Organization's Program Activity:
Part 3
SPRING 2021 TRAINING PROGRAM: WEEKLY PRACTICES AND REHEARSALS TO PREPARE FOR FUTURE COMMUNITY EVENTS
SUMMER 2021 TRAINING PROGRAM: WEEKLY PRACTICES AND REHEARSALS TO PREPARE FOR FUTURE EVENTS
FALL 2021 TRAINING PROGRAM: WEEKLY PRACTICES AND REHEARSALS TO PREPARE FOR FUTURE EVENTS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Chinh Le President | 2 | $0 | |
Quang Luc Director | 2 | $0 | |
Lynn Ngo Director | 2 | $0 | |
Chan Le Secretary And Treasurer | 4.5 | $6,480 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $25,119 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $25,119 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $6,480 |
| Professional fees and other payments to independent contractors | $24,921 |
| Occupancy, rent, utilities, and maintenance | $15,000 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $3,131 |
| Total expenses | $49,532 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $20,385 |
| Other assets | $0 |
| Total assets | $20,385 |
| Total liabilities | $0 |
| Net assets or fund balances | $20,385 |