CONCORD COMMUNITY MUSIC SCHOOL

EIN: 222552850 501(c)(3) Arts, Culture & Humanities

CONCORD, NH

Total Revenue
$1,402,689
Total Expenses
$1,592,313
Total Assets
$959,893
Net Assets
$483,332
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Financial Trends

Organization Details

Formation Year
1984
Legal Domicile
NH
Principal Officer
STEVE MURRAY
Phone
6032281196
Tax Period
2023-07-01 to 2024-06-30

CONCORD COMMUNITY MUSIC SCHOOL, founded in 1984, is a community nonprofit in the Arts, Culture & Humanities sector that reported $1.4M in total revenue in fiscal year 2023. Revenue decreased 6% compared to the prior year. Expenses of $1.6M exceeded revenue, resulting in a 14% operating deficit.

Mission

TO FOSTER A SENSE OF COMMUNITY THROUGH MUSIC BY PROVIDING THE FULLEST POSSIBLE ARRAY OF MUSICAL EXPERIENCES FOR PEOPLE OF ALL AGES, MUSICAL ABILITIES, AND BACKGROUNDS.

Program Service Accomplishments

Program 1
Expenses: $1,217,279 Revenue: $974,504

IN FY2024, WE SERVED PARTICIPANTS OF ALL AGES, ABILITIES AND BACKGROUNDS RANGING IN AGE FROM 6 MONTHS TO 97 YEARS OLD. APPROXIMATELY 500 STUDENTS WERE ENROLLED IN WEEKLY VIRTUAL PRIVATE LESSONS AND...

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IN FY2024, WE SERVED PARTICIPANTS OF ALL AGES, ABILITIES AND BACKGROUNDS RANGING IN AGE FROM 6 MONTHS TO 97 YEARS OLD. APPROXIMATELY 500 STUDENTS WERE ENROLLED IN WEEKLY VIRTUAL PRIVATE LESSONS AND ENSEMBLES, AS WELL AS SHORTER-TERM CAMPS AND FESTIVALS. WE TAUGHT STUDENTS PREPARING FOR CAREERS AS PROFESSIONAL MUSICIANS, ADULTS OVER THE AGE OF 90 STUDYING GUITAR AND PIANO AND SINGING IN CHORUSES, AND A TODDLER IN FOSTER CARE RECEIVING DANCE MOVEMENT THERAPY TO ADDRESS TRAUMA FROM AN ABUSIVE ENVIRONMENT. WE SERVED NUMEROUS STUDENTS WITH SPECIAL NEEDS DUE TO PHYSICAL, COGNITIVE, OR EMOTIONAL DISABILITIES, WITH THOSE SERVICES DIRECTED BY A FACULTY MUSIC THERAPIST AND A DANCE MOVEMENT THERAPIST. MUSIC IN THE COMMUNITY INITIATIVE (MICI) PARTNERSHIPS THROUGHOUT NH SERVED PARTICIPANTS WITH FREE MUSIC EDUCATION AND THERAPEUTIC SERVICES IN THE FORM OF CUSTOMIZED VIDEOS SENT TO OUR PARTNER SITES. OUR DIVERSE CCMS COMMUNITY INCLUDES STUDENTS OF AFRICAN, AFRICAN-AMERICAN, NEPALI, AFGHAN, MOROCCAN, SOUTH ASIAN, AND HISPANIC BACKGROUNDS. WE WORKED WITH STUDENTS WHOSE SPECIAL NEEDS INCLUDE SPEECH DELAY, ENGLISH LANGUAGE LEARNERS, BEHAVIORAL ISSUES, AUTISM, ADHD, DEVELOPMENTAL DELAY, ATTACHMENT ISSUES, SENSORY PROCESSING, AND TRAUMA. IN FY2024 WE OFFERED A RANGE CONCERTS, RECITALS AND WORKSHOPS, RANGING FROM FACULTY PERFORMANCES OF CHAMBER MUSIC AND JAZZ AS PART OF THE FREE BACH'S LUNCH SERIES, TO A LIVESTREAM SONGWEAVERS CHORAL CONCERT, A VIRTUAL MANDOLIN FESTIVAL AND CONCERT, AND A LIVE OUTDOOR PRODUCTION OF INTO THE WOODS BY OUR PURPLE FINCHES CHORUS. AUDIENCES INCLUDE OLDER ADULTS, HOME-SCHOOLED CHILDREN, MENTAL HEALTH CLIENTS, MUSIC EDUCATORS, CCMS FAMILIES, DOWNTOWN PROFESSIONALS, AND OTHERS.

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

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $426,189
Program Service Revenue $974,504
Investment Income $1,996
Other Revenue $0
TOTAL REVENUE $1,402,689

Expense Breakdown

Grants Paid $121,863
Salaries & Benefits $1,093,302
Fundraising Expenses $65,267
Program Expenses $1,217,279
Other Expenses $377,148
TOTAL EXPENSES $1,592,313

Year-over-Year Comparison

2023 2022 Change
Revenue $1,402,689 $1,493,422 -0.1%
Expenses $1,592,313 $1,529,389 +0.0%
Net Income $-189,624 $-35,967 +4.3%
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
10
Independent Members
10
Employees
61
Volunteers
7

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
5
$113,685
Total Directors
11
$20,065
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ANNE BAIER TRUSTEE 1.00
Director
$0 $0 $0
CARMINE TOMAS ESQ CHAIR 1.00
Officer Director
$0 $0 $0
CATHY YI TRUSTEE 1.00
Director
$0 $0 $0
DOUG BECHTEL TRUSTEE 1.00
Director
$0 $0 $0
EMILY PRESTON TRUSTEE 1.00
Director
$0 $0 $0
JESSICA FORREST CLERK 1.00
Officer Director
$0 $0 $0
KAREN HICKS TRUSTEE 1.00
Director
$0 $0 $0
KAREN JANTZEN TRUSTEE 1.00
Director
$0 $0 $0
STEFANI BURK FACULTY REPRESENTATIVE 20.00
Director
$20,065 $0 $20,065
STEVE MURRAY TREASURER 1.00
Officer Director
$0 $0 $0
W CARL COOLEY VICE CHAIR 1.00
Officer Director
$0 $0 $0
DANIEL ACSADI EXECUTIVE DIRECTOR 40.00
Officer
$113,685 $0 $113,685
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
2025 No data No data No data No data
2024 $1,402,689 $1,592,313 $959,893 $-189,624
2023 $1,704,070 $1,529,389 $1,477,813 $174,681
2022 $1,590,338 $1,410,842 $1,380,856 $179,496
2021 $1,585,620 $1,308,666 $1,545,273 $276,954
2020 $1,389,797 $1,548,659 $1,564,023 $-158,862
2019 $1,375,468 $1,638,928 $1,686,732 $-263,460
2018 $2,081,557 $1,714,127 $1,956,164 $367,430
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