The College Music Society
- Assets
- $419.8k
- Revenue
- $837.6k
- Investments
- $0.0
- Employees
- 8
- Location
- Missoula, MT
- Founding
- 08/1996
- Data as of
- 07/2021
- EIN
- 81-0505324
Organization Overview
The College Music Society is located in Missoula, MT. The organization was established in 1996. According to its NTEE Classification (B03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Education and related organizations. As of 07/2021, College Music Society employed 8 individuals. This organization is a parent organization of an affiliated group for tax-exemption purposes. College Music Society is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 07/2021, College Music Society generated $837.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (3.7%) each year. All expenses for the organization totaled $656.0k during the year ending 07/2021. As we would expect to see with falling revenues, expenses have declined by (9.9%) per year over the past 6 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE COLLEGE MUSIC SOCIETY PROMOTES MUSIC TEACHING AND LEARNING, MUSICAL CREATIVITY AND EXPRESSION, RESEARCH AND DIALOGUE, AND DIVERSITY AND INTERDISCIPLINARY INTERACTION. A CONSORTIUM OF COLLEGE, CONSERVATORY, UNIVERSITY, AND INDEPENDENT MUSICIANS AND SCHOLARS INTERESTED IN ALL DISCIPLINES OF MUSIC, THE SOCIETY PROVIDES LEADERSHIP AND SERVES AS AN AGENT OF CHANGE BY ADDRESSING CONCERNS FACING MUSIC IN HIGHER EDUCATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PUBLICATIONS/INFORMATION-THE SOCIETY HAS SEVERAL PUBLICATIONS THAT FOSTER THE DISSEMINATION OF INFORMATION CONCERNING MUSIC AND HIGHER EDUCATION. IT PUBLISHES A JOURNAL, NEWSLETTER, REPORTS, MONOGRAPHS, AND BIBLIOGRAPHIES. 15,000 ARE SERVED.
CONFERENCES-THE SOCIETY HOLDS REGIONAL, NATIONAL, AND INTERNATIONAL CONFERENCES TO PROVIDE OPPORTUNITIES TO SHARE RESEARCH AND TO DISCUSS CURRICULAR, PEDAGOGICAL, AND BROADER CULTURAL ISSUES. 2,500 ARE SERVED.
OUTREACH AND ENGAGEMENT-THE SOCIETY SPONSORS OUTREACH EFFORTS TO BRING THE MUSIC OF HIGHER EDUCATION COMMUNITY TO THE PUBLIC. 2,500 ARE SERVED.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
William Pelto Executive Director | Officer | 40 | $95,058 |
Mark Rabideau President | OfficerTrustee | 1 | $0 |
Soo Goh Secretary | OfficerTrustee | 1 | $0 |
Michelle Kiec Stepped Down 1121 Secretary | OfficerTrustee | 1 | $0 |
Brian Chin Vice President | OfficerTrustee | 1 | $0 |
Charles Rochester Young Treasurer | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $83,045 |
| All other contributions, gifts, grants, and similar amounts not included above | $12,749 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $95,794 |
| Total Program Service Revenue | $737,653 |
| Investment income | $25 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $837,591 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $96,546 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $287,228 |
| Pension plan accruals and contributions | $36,798 |
| Other employee benefits | $70,220 |
| Payroll taxes | $27,120 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $4,551 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $26,594 |
| Office expenses | $9,872 |
| Information technology | $18,576 |
| Royalties | $0 |
| Occupancy | $15,647 |
| Travel | $1,709 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $33,570 |
| Interest | $1,101 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $236 |
| Insurance | $4,592 |
| All other expenses | $0 |
| Total functional expenses | $656,009 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $242,196 |
| Savings and temporary cash investments | $131,382 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $12,247 |
| 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 | $33,846 |
| Net Land, buildings, and equipment | $88 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $419,759 |
| Accounts payable and accrued expenses | $2,980 |
| Grants payable | $0 |
| Deferred revenue | $64,815 |
| 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 | $166,781 |
| Other liabilities | $0 |
| Total liabilities | $234,576 |
| Net assets without donor restrictions | $185,183 |
| 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 | $419,759 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Wyoming Education Association Cheyenne, WY | $4,135,200 | $3,473,602 |
Western Organization Of Resource Councils Billings, MT | $1,121,713 | $2,636,189 |
North Dakota Council Of Educational Leaders Bismarck, ND | $1,886,552 | $1,567,155 |
The Hospital Cooperative Inc Pocatello, ID | $1,083,711 | $1,305,504 |
Associated Schools Of Construction Cheyenne, WY | $1,730,324 | $1,111,193 |
Brightways Learning Missoula, MT | $1,533,955 | $938,141 |
Idaho Association Of School Adminstrators Inc Boise, ID | $1,557,849 | $1,132,910 |
The College Music Society Missoula, MT | $419,759 | $837,591 |
Walleyes Unlimited Of Montana Billings, MT | $913,989 | $517,688 |
American Veterinary Dental College Meridian, ID | $784,527 | $507,033 |
Tri College University Fargo, ND | $768,416 | $327,017 |
Appa-Association Of Higher Education Facilities Officers Brookings, SD | $508,289 | $230,696 |