New Energy Music
- Assets
- $5.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- West Chester, PA
- Founding
- Data as of
- 12/2023
- EIN
- 86-2103624
Organization Overview
New Energy Music is located in West Chester, PA. According to its NTEE Classification (A99) the organization is classified as: Arts, Culture & Humanities N.E.C., 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. New Energy Music 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, New Energy Music generated $61.2k in total revenue. This represents relatively stable growth, over the past 2 years the organization has increased revenue by an average of 0.2% each year. All expenses for the organization totaled $67.4k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Justin King Chief Executive Officer | 15 | $23,500 | |
Sarah Laskey Chief Operations Officer | 10 | $17,500 | |
Dave Kubovsak Chief Financial Officer | 10 | $9,800 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $61,129 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $50 |
| Total Revenue | $61,179 |
| 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 | $51,525 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $114 |
| Other expenses | $15,755 |
| Total expenses | $67,394 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $408 |
| Other assets | $0 |
| Total assets | $4,985 |
| Total liabilities | $222 |
| Net assets or fund balances | $4,763 |