Tacoma Music Academy
- Assets
- $11.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Tacoma, WA
- Founding
- 06/2018
- Data as of
- 12/2023
- EIN
- 82-5396693
Organization Overview
Tacoma Music Academy is located in Tacoma, WA. The organization was established in 2018. According to its NTEE Classification (A25) the organization is classified as: Arts Education, 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. Tacoma Music Academy 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, Tacoma Music Academy generated $109.8k in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 24.1% each year . All expenses for the organization totaled $127.4k during the year ending 12/2023. 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
PRODUCED 2771 MUSIC LESSONS AND CLASSES FOR YOUTH 0-18 AND ADULTS
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PDF Copies of 990 Filings
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $29,568 |
| Total Program Service Revenue | $80,264 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $109,832 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $33,200 |
| Professional fees and other payments to independent contractors | $44,023 |
| Occupancy, rent, utilities, and maintenance | $32,848 |
| Printing, publications, postage, and shipping | $37 |
| Other expenses | $17,312 |
| Total expenses | $127,420 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $8,860 |
| Other assets | $0 |
| Total assets | $11,306 |
| Total liabilities | $1,898 |
| Net assets or fund balances | $9,408 |