Instruments Of Praise Inc
- Assets
- $2.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Pasadena, CA
- Founding
- 10/1995
- Data as of
- 12/2022
- EIN
- 95-4496026
Organization Overview
Instruments Of Praise Inc is located in Pasadena, CA. The organization was established in 1995. According to its NTEE Classification (X21) the organization is classified as: Protestant, under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Instruments Of Praise 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 12/2022, Instruments Of Praise Inc generated $36.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (8.4%) each year. All expenses for the organization totaled $36.9k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (7.9%) per year over the past 6 years. 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
2022
Describe the Organization's Program Activity:
Part 3
THIS ORGANIZATION OFFERS AN AFTER SCHOOL PROGRAM, WHERIN STUDENTS ARE ENRICHED THROUGH ART AND MUSIC. THE ORGANIZATION SERVED OVER 100 STUDENTS.
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Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $16,158 |
| Total Program Service Revenue | $20,011 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $36,169 |
| 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 | $23,461 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $469 |
| Other expenses | $12,944 |
| Total expenses | $36,874 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $679 |
| Other assets | $0 |
| Total assets | $2,227 |
| Total liabilities | $22,424 |
| Net assets or fund balances | -$20,197 |