Loyalsock Music Association
- Assets
- $31.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Williamsport, PA
- Founding
- 07/2018
- Data as of
- 12/2021
- EIN
- 82-5354319
Organization Overview
Loyalsock Music Association is located in Williamsport, PA. The organization was established in 2018. According to its NTEE Classification (B94) the organization is classified as: Parent & Teacher Groups, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Loyalsock Music Association 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 12/2021, Loyalsock Music Association generated $45.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (9.5%) each year. All expenses for the organization totaled $42.4k during the year ending 12/2021. 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
2021
Describe the Organization's Program Activity:
Part 3
TO PROMOTE AND SUPPORT THE LOYALSOCK TOWNSHIP BAND.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kristen Lowe Vice Preside | 1 | $0 | |
Ann Hammond Secretary | 1 | $0 | |
Allison Lanahan Treasurer | 1 | $0 | |
Eric Wurster President | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,485 |
| Total Program Service Revenue | $0 |
| Membership dues | $8,174 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $1,300 |
| Total Revenue | $45,949 |
| 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 | $900 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $41,540 |
| Total expenses | $42,440 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $31,342 |
| Other assets | $0 |
| Total assets | $31,342 |
| Total liabilities | $0 |
| Net assets or fund balances | $31,342 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Loyalsock Music Association has recieved totaling $101.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $101 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Trustees Of The Free Public Library Of The Township Of East Brunswick East Brunswick, NJ | $2,206,212 | $3,599,309 |
Ketchum Grande Memoriall School Burnt Hills, NY | $5,061,922 | $2,742,920 |
Friends Of Dpny Inc Bronx, NY | $12,098,306 | $76,758 |
St Vincent St Mary High School Foundation Akron, OH | $26,787,695 | $1,842,720 |
Leaves Of Learning Inc Deer Park, OH | $851,741 | $1,661,930 |
Parent Network Of New York State 1 Inc Buffalo, NY | $897,393 | $1,372,692 |
Parents And Teachers Association Of P S 29 Inc Brooklyn, NY | $571,073 | $1,446,218 |
Birthing Beautiful Communities Cleveland, OH | $1,960,635 | $2,919,450 |
Ps 58 Parent Teacher Association Brooklyn, NY | $738,322 | $1,192,013 |
Vita Education Services Inc Doylestown, PA | $624,691 | $1,073,219 |
Parents Place Of Maryland Inc Glen Burnie, MD | $512,020 | $1,076,819 |
Pennsylvania Association Of School Retirees Mechanicsburg, PA | $1,965,165 | $1,182,549 |