SUNSET PARK SCHOOL OF MUSIC INC

EIN: 112684169 501(c)(3) Arts, Culture & Humanities

Brooklyn, NY

Total Revenue
$51,900
Total Expenses
$46,050
Total Assets
$5,850
Net Assets
$5,850
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Financial Trends

Organization Details

Formation Year
1985
Legal Domicile
NY
Principal Officer
Junya Kurita
Phone
9178253478
Tax Period
2020-07-01 to 2021-06-30

SUNSET PARK SCHOOL OF MUSIC INC, founded in 1985, is a micro nonprofit in the Arts, Culture & Humanities sector that reported $52K in total revenue in fiscal year 2020. Expenses of $46K left a modest 11% surplus.

Mission

Teaching of musical instruments, and providing access to music events/education to the community.

Program Service Accomplishments

Program 1
Expenses: $22,550 Revenue: $0

Free Theory/Performance/Musicianship Classes. Serving 300 students/year. Free Music Theory, Performance and Musicianship/Performance Classes. The School offers free music theory and musicianship...

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Free Theory/Performance/Musicianship Classes. Serving 300 students/year. Free Music Theory, Performance and Musicianship/Performance Classes. The School offers free music theory and musicianship classes to students enrolled in private lessons. The classes are held at the school. The Music Theory, Performance and Musicianship/Performance Classes are free to those students enrolled in private lessons. The classes, with 5-15 students in each class, are held weekly throughout the 32-week school year. The classes are 1/2 hour to 1-hour in length. We have three levels: beginner, intermediate/advanced, and adult. The students range in age from 2nd grade to adult.

Program 2
Expenses: $9,000 Revenue: $0

Free Community concert Series. Serving 3,000 people each year. The school invites a diverse group of professional musicians and the ensembles in residence to perform once-a-month free concerts. We...

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Free Community concert Series. Serving 3,000 people each year. The school invites a diverse group of professional musicians and the ensembles in residence to perform once-a-month free concerts. We select the artists based previous experience hearing and seeing the artists, professional relationships and collaborations, and recommendations from the faculty, students/parents, and community organizations. Some of the award-winning artists that have performed include Thomas Piercy (www.thomaspiercy.com); Judith Olson; Noritaka Ito; the Milonga Trio; Vilian Ivantchev; Intrepid Quintet; Lost Dog Ensemble; Pablo Aslan (Latin Grammy Nominee); Fernando Otero (Latin Grammy Winner); Yohmei Blasdel (world-renowned shakuhachi player); Yihan Chen (award-winning Chinese composer/pianist). These concerts are held at the music school and the Community Center of the MarienHeim Center in Sunset Park. Students, families, and the general public are invited to the concerts. We notify local schools, local churches, and local community organizations in the hope that they will let their communities know about and attend the concerts. The concerts range in style from classical, jazz and different ethnic styles that represent the native countries of our largely recent- immigrant community. We believe it to be greatly important for the community to see what we do as musicians in bringing many different styles of music to the community. The concerts are held once a month throughout the school year. They generally last for one hour. The Sunset Park area is a low-income area with many recent immigrants from Central America and China. Many of the people in the community would not otherwise be able to afford to go to professional music events.

Program 3
Expenses: $8,000 Revenue: $0

Free Summer Music Program. Serving 40 people directly. 300 indirectly. A free summer program for children in grades 3 to 7. Any children in the neighborhood were welcome to attend. No previous...

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Free Summer Music Program. Serving 40 people directly. 300 indirectly. A free summer program for children in grades 3 to 7. Any children in the neighborhood were welcome to attend. No previous enrollment as a student in the school was required. We offered an Open-Door policy so students may come and go depending on their schedule and their parents' summer schedule. Student attendance varied from 10-40 students per day. The classes were held at the music school and in the community center and gym of Sunset Park's Marien-Heim Center. The classes were held for four hours (9am-1pm), five days a week (MondayFriday), for five weeks in the summer. Instruction was provided on music instruments as well as music-related activities. Students were introduced to instrumental music through demonstration of woodwinds, strings, piano, and guitar. The demonstrations were done by professional performers/teachers and often included hands-on aspect so the students were able to hold and sometimes play the instruments. Teachers included the Executive Director, current faculty of the school and teaching artists/performers from NYC. Each student was given a recorder to learn and play. Many of these students continued to private instruction on an instrument of their choice in the fall. There were performances by students, faculty and guest artists. The performances by faculty and guest artists often included participation from the students. We try to not a have "wall" between the students and faculty/guest artists. Hopeful Impact: Many of the students in the Sunset Park community are unable to afford to go to a summer program with the usual high fees. Our program allowed students in Sunset Park to have musical activities during their summer break.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2020)

Revenue Breakdown

Contributions & Grants $29,400
Program Service Revenue $20,000
Investment Income $0
Other Revenue $2,500
TOTAL REVENUE $51,900

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $46,050
Other Expenses $46,050
TOTAL EXPENSES $46,050

Year-over-Year Comparison

2020 2019 Change
Revenue $51,900 N/A N/A
Expenses $46,050 N/A N/A
Net Income $5,850 $0 N/A
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
9
Independent Members
9
Employees
N/A
Volunteers
20

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
0
$0
Total Directors
1
$0
Key Employees
1
$12,000
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Krassimira Ivantchev Assistant to director. Primary teacher 15
Key Emp
$12,000 $0 $12,000
Junya Kurtita Board President 10
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2021 $51,900 $46,050 $5,850 $5,850
2018 $37,560 $38,750 $8,570 $-1,190
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