Take Note Studio Inc
- Assets
- $67.7k
- Revenue
- $362.9k
- Investments
- $0.0
- Employees
- 17
- Location
- Manitowoc, WI
- Founding
- 02/2017
- Data as of
- 12/2023
- EIN
- 81-1951566
Organization Overview
Take Note Studio Inc is located in Manitowoc, WI. The organization was established in 2017. According to its NTEE Classification (B28) the organization is classified as: Special Education, under the broad grouping of Education and related organizations. As of 12/2023, Take Note Studio Inc employed 17 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Take Note Studio 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 12/2023, Take Note Studio Inc generated $362.9k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 10.5% each year . All expenses for the organization totaled $344.7k during the year ending 12/2023. While expenses have increased by 9.4% per year over the past 6 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TAKE NOTE STUDIO, INC.'S MISSION IS TO TEACH MUSIC AND THEATER TO CHILDREN AGES 0-18, ESPECIALLY THOSE FROM UNDERSERVED POPULATIONS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TAKE NOTE STUDIO, INC. TEACHES KINDERMUSIC (MUSIC AND MOVEMENT CLASSES FOR CHILDREN AGES 0-7), MUSICAL THEATER, AND PROVIDES GROUP AND PRIVATE INSTRUMENT LESSONS. THEIR OUTREACH PROGRAMS INCLUDE A SCHOLARSHIP PROGRAM FOR ANYONE WHO REQUESTS FINANCIAL ASSISTANCE FOR MUSIC CLASSES AND LESSONS, LOCAL WORK WITH PARENT EDUCATION SERVICES TO PROVIDE FREE MUSIC, AND PARENTING CLASSES TO AT-RISK PARENTS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Aimee Krepline Director (left Aug 2023) | Trustee | 1 | $0 |
Amy Russell Director (left Aug 2023) | Trustee | 1 | $0 |
Brittni Buyeske Director | Trustee | 1 | $0 |
Ashley Knapp Director (left Aug 2023) | Trustee | 1 | $0 |
Kimberly Mynhier Director | Trustee | 1 | $0 |
Tarasita Respalje Director | Trustee | 1 | $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 | $17,616 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $17,616 |
| Total Program Service Revenue | $344,466 |
| Investment income | $772 |
| 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 | $362,854 |
| 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. | $92,300 |
| Compensation of current officers, directors, key employees. | $9,230 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $127,184 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $552 |
| Payroll taxes | $17,824 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $14,178 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $28,252 |
| Advertising and promotion | $13,177 |
| Office expenses | $6,042 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $11,492 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $3,488 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $3,186 |
| All other expenses | $4,398 |
| Total functional expenses | $344,678 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $67,673 |
| 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 | $67,673 |
| 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 | $4,908 |
| Total liabilities | $4,908 |
| 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 | $62,765 |
| Total liabilities and net assets/fund balances | $67,673 |