Mantra Percussion Inc
- Assets
- $30.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Woodside, NY
- Founding
- 04/2014
- Data as of
- 08/2023
- EIN
- 80-0812138
Organization Overview
Mantra Percussion Inc is located in Woodside, NY. The organization was established in 2014. According to its NTEE Classification (A68) the organization is classified as: Music, 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. Mantra Percussion 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 08/2023, Mantra Percussion Inc generated $34.8k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (1.8%) each year. All expenses for the organization totaled $19.6k during the year ending 08/2023. As we would expect to see with falling revenues, expenses have declined by (10.3%) 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
2023
Describe the Organization's Program Activity:
Part 3
THE ORGANIZATION WAS AWARDED A NUMBER OF GRANTS ALONG WITH SOME SMALL DONATIONS THOUGH OUT OUR FISCAL YEAR TO PERFORM CONCERTS THOUGH OUT THE YEAR ALONG WITH PROVIDING EDUCATIONAL OUTREACH TO STUDENTS. PERFORMANCE AUDIENCES RANGED FROM SMALL PERFORMANCES FOR 25 PEOPLE, TO LARGER SCALE PERFORMANCES WITH 1000 ATTENDEES. OUR EDUCATIONAL OUTREACH WAS FOR STUDENTS 18 AND UNDER INCLUDING MANY PRESCHOOL AGED STUDENTS. OUR YOUTH ENSEMBLE WAS FEATURED AGAIN THIS PAST YEAR AT CARNEGIE HALL WINNING A CHAMBER MUSIC COMPETITION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Miguel Bolivar Executive Director | 10 | $1,200 | |
Michael Mccurdy Artistic Director | 5 | $0 | |
Joseph Bergen Educational Director | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $7,600 |
| Total Program Service Revenue | $26,949 |
| Membership dues | $250 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $34,799 |
| 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 | $10,575 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $9,058 |
| Total expenses | $19,633 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $30,366 |
| Other assets | $0 |
| Total assets | $30,366 |
| Total liabilities | $0 |
| Net assets or fund balances | $30,366 |