Musica Omnia Inc
- Assets
- $155.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Cambridge, MA
- Founding
- 03/2003
- Data as of
- 03/2023
- EIN
- 75-3039898
Organization Overview
Musica Omnia Inc is located in Cambridge, MA. The organization was established in 2003. According to its NTEE Classification (A6C) the organization is classified as: Bands & Ensembles, 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. Musica Omnia 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 03/2023, Musica Omnia Inc generated $15.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (10.0%) each year. All expenses for the organization totaled $19.3k during the year ending 03/2023. As we would expect to see with falling revenues, expenses have declined by (7.2%) per year over the past 8 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
2023
Describe the Organization's Program Activity:
Part 3
RECORDING AND DISTRIBUTION OF CLASSICAL MUSIC AND OTHER EDUCATIONAL MATERIAL. DISTRIBUTION OF MUSIC FROM US BASED COMPOSERS AND PERFORMERS TO INTERNATIONAL AUDIENCES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Peter Watchorn President And Secretary | 5 | $0 | |
Penelope Crawford Director | 1 | $0 | |
Ralf Gawlick Treasurer And Director | 2 | $0 | |
Joel Gordon Director | 1 | $0 | |
Dennis Nollen Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,000 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $15,040 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $19,250 |
| Total expenses | $19,250 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $52,506 |
| Other assets | $0 |
| Total assets | $155,506 |
| Total liabilities | $0 |
| Net assets or fund balances | $155,506 |