Northeast Florida Conservatory Inc
- Assets
- $0.0
- Revenue
- $86.0k
- Investments
- $0.0
- Employees
- 3
- Location
- Jacksonville, FL
- Founding
- 06/2010
- Data as of
- 12/2019
- EIN
- 80-0479923
Organization Overview
Northeast Florida Conservatory Inc is located in Jacksonville, FL. The organization was established in 2010. According to its NTEE Classification (A6E) the organization is classified as: Performing Arts Schools, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2019, Northeast Florida Conservatory Inc employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Northeast Florida Conservatory 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 12/2019, Northeast Florida Conservatory Inc generated $86.0k 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 (17.0%) each year. All expenses for the organization totaled $144.2k during the year ending 12/2019. As we would expect to see with falling revenues, expenses have declined by (13.7%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2019
Describe the Organization's Mission:
Part 3 - Line 1
INSTRUCTION IN MUSIC FOR STUDENTS AND RELATED ACTIVITIES
Describe the Organization's Program Activity:
Part 3 - Line 4a
MUSIC LESSONS, INSTRUCTION AND MUSICAL EVENTS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gregory Ferguson Vice President | OfficerTrustee | 2 | $0 |
Frank A Thompson Director | OfficerTrustee | 10 | $0 |
Charles Hoffer Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $13,543 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $13,543 |
| Total Program Service Revenue | $89,390 |
| Investment income | $16 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $226 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$17,142 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $86,033 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $6,378 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $28,970 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $3,548 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $4,441 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $56,678 |
| Advertising and promotion | $1,171 |
| Office expenses | $1,768 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $34,111 |
| Travel | $31 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $631 |
| Insurance | $130 |
| All other expenses | $2,131 |
| Total functional expenses | $144,223 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $0 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $0 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Northeast Florida Conservatory Inc has recieved totaling $2,500.
| Awarding Organization | Amount |
|---|---|
National Christian Charitable Foundation Inc Alpharetta, GA PURPOSE: CULTURE | $2,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Harid Conservatory Of Music Inc Boca Raton, FL | $34,718,794 | $2,295,901 |
Expressions Learning Arts Academy Inc Gainesville, FL | $434,895 | $835,777 |
Dearmon Creative Arts School Inc Lutz, FL | $255,501 | $775,304 |
Magic Curtain Productions Inc Orlando, FL | $258,178 | $427,681 |
Performance Project Inc Cooper City, FL | $6,153 | $189,280 |
Sounds Of Heaven Academy Orlando, FL | $7,052 | $191,967 |
Alabama Music Educators Association Cullman, AL | $159,139 | $188,857 |
Northeast Florida Conservatory Inc Jacksonville, FL | $0 | $86,033 |
Decatur High School Performing Arts Association Decatur, GA | $72,232 | $0 |
Florida Arts & Dance Company Stuart, FL | $11,524 | $150,759 |
Conservatoire Inc Atlanta, GA | $435,093 | $0 |
Thomasville Music And Drama Troupe Inc Thomasville, GA | $1,909,925 | $48,571 |