Alleghany Jam
- Assets
- $586.3k
- Revenue
- $137.7k
- Investments
- $0.0
- Employees
- 8
- Location
- Sparta, NC
- Founding
- 10/2016
- Data as of
- 05/2022
- EIN
- 81-1618359
Organization Overview
Alleghany Jam is located in Sparta, NC. The organization was established in 2016. According to its NTEE Classification (A68) the organization is classified as: Music, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 05/2022, Alleghany Jam employed 8 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Alleghany Jam 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 05/2022, Alleghany Jam generated $137.7k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 5.5% each year. All expenses for the organization totaled $69.7k during the year ending 05/2022. While expenses have increased by 0.9% per year over the past 5 years. They've been increasing with an increasing level of total revenue. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
DEDICATED TO PRESERVING APPALACHIAN HERITAGE THROUGH TRADITIONAL MUSIC AND DANCE. PROVIDING INSTRUCTION IN FIDDLE, BANJO, GUITAR, MANDOLIN, DULCIMER, BASS, SINGING, AND DANCE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE MUSIC INSTRUCTION CLASSES FOR CHILDREN AND YOUTH AS AN AFTERSCHOOL PROGRAM. PROVIDE MUSICAL INSTRUMENTS FOR USE DURING INSTRUCTION AND PRACTICE.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kate Irwin Program Admin | Officer | 15 | $12,000 |
Erynn Marshall Program Director | Officer | 12 | $12,000 |
Vickie Moyer Assistant Admin | Officer | 4 | $2,000 |
Deborah Sherrill Board Chair | Officer | 10 | $0 |
Beth Lyon-Smith Board Member | Officer | 4 | $0 |
Jack Cahn Board Member | Officer | 7 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $200 |
| Related organizations | $0 |
| Government grants | $18,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $107,747 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $125,947 |
| Total Program Service Revenue | $11,704 |
| Investment income | $0 |
| 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 | $137,651 |
| 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. | $12,000 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $30,830 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $1,579 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,592 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $1,749 |
| Office expenses | $957 |
| Information technology | $1,006 |
| Royalties | $0 |
| Occupancy | $849 |
| Travel | $0 |
| 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 | $5,948 |
| Insurance | $5,806 |
| All other expenses | $0 |
| Total functional expenses | $69,739 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $268,155 |
| Savings and temporary cash investments | $40,990 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | -$332 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $127 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $277,372 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $586,312 |
| Accounts payable and accrued expenses | $4,441 |
| 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 | $4,441 |
| Net assets without donor restrictions | $581,871 |
| 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 | $586,312 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Alleghany Jam has recieved totaling $5,000.
| Awarding Organization | Amount |
|---|---|
Roaring Gap Foundation Charlottesville, VA PURPOSE: GENERAL | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Birthplace Of Country Music Alliance Bristol, TN | $15,699,295 | $2,559,665 |
Musicians On Call Inc Nashville, TN | $3,633,934 | $3,486,106 |
Garth Newel Music Center Foundation Corp Warm Springs, VA | $11,030,155 | $3,286,449 |
Varna International Music Academy Columbia, SC | $449,855 | $1,227,146 |
Blues Foundation Inc Memphis, TN | $4,533,935 | $1,249,645 |
Songbirds Foundation Inc Chattanooga, TN | $16,669,845 | $490,877 |
Community Arts Association In Newton County Inc Covington, GA | $760,838 | $850,953 |
Virginia Musical Theatre Inc Virginia Beach, VA | $428,462 | $648,568 |
Musicians Hall Of Fame And Museum Nashville, TN | $2,497,299 | $1,370,985 |
Spartanburg Philharmonic Spartanburg, SC | $755,799 | $833,009 |
Jazzarts Charlotte Charlotte, NC | $599,650 | $885,033 |
Charleston Jazz North Charleston, SC | $510,397 | $1,004,740 |