WESTRICK MUSIC ACADEMY INC

EIN: 223212405 501(c)(3) Arts, Culture & Humanities

PRINCETON JCT, NJ

Total Revenue
$1,039,895
Total Expenses
$1,103,059
Total Assets
$1,124,571
Net Assets
$308,004
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Financial Trends

Organization Details

Formation Year
1993
Principal Officer
NOREEN GOLDBERG
Phone
6096881888
Tax Period
2024-09-01 to 2025-08-31

WESTRICK MUSIC ACADEMY INC, founded in 1993, is a community nonprofit in the Arts, Culture & Humanities sector that reported $1.0M in total revenue in fiscal year 2024. Revenue surged 29% from the prior year, signaling strong growth momentum.

Mission

WESTRICK MUSIC ACADEMY PROVIDES OPPORTUNITIES TO GROW THROUGH THE PURSUIT OF MUSICAL EXCELLENCE IN A SUPPORTIVE, COLLABORATIVE, AND JOYOUS ENVIRONMENT FOR YOUTH CHORISTERS AND MUSICIANS OF ALL AGES IN THE CENTRAL NEW JERSEY AND BUCKS COUNTY, PENNSYLVANIA, REGIONS.

Program Service Accomplishments

Program 1
Expenses: $602,132 Revenue: $481,249

MUSIC PERFORMANCE AND EDUCATION WESTRICK MUSIC ACADEMY ATTRACTS MORE THAN 300 GIRLS AND BOYS EACH YEAR FROM ACROSS CENTRAL NEW JERSEY AND EASTERN PENNSYLVANIA WHO COME TOGETHER IN TEN CHOIRS. THE...

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MUSIC PERFORMANCE AND EDUCATION WESTRICK MUSIC ACADEMY ATTRACTS MORE THAN 300 GIRLS AND BOYS EACH YEAR FROM ACROSS CENTRAL NEW JERSEY AND EASTERN PENNSYLVANIA WHO COME TOGETHER IN TEN CHOIRS. THE SINGERS DEVELOP THEIR SKILLS AS SINGERS AND MUSICIANS UNDER THE GUIDANCE OF OUTSTANDING ARTISTIC LEADERS, WHILE GROWING IN GRACE, SELF- ESTEEM, CONFIDENCE, AND CHARACTER. THEY THEN, IN TURN, INSPIRE THEIR AUDIENCES WITH SONG IN AS MANY AS 40 PERFORMANCES DURING THE CONCERT SEASON (SEPTEMBER THROUGH MAY). EACH CHOIR REHEARSES IN PRINCETON JUNCTION, NEW JERSEY ONCE A WEEK DURING THIS SEASON. THESE ACTIVITIES ARE FUNDED THROUGH TUITION,DONATIONS, AND GRANTS, AND OCCUPY 85% OF THE TIME AND EFFORTS OF THE ORGANIZATION.

Program 2
Expenses: $239,591 Revenue: $226,295

PERFORMANCE TOURS IN ADDITION TO PRESENTING PERFORMANCES THROUGHOUT THE TRI-STATE AREA, WESTRICK MUSIC ACADEMY TOURS BOTH DOMESTICALLY AND INTERNATIONALLY ON AN ANNUAL BASIS. THESE TOURS ALLOW...

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PERFORMANCE TOURS IN ADDITION TO PRESENTING PERFORMANCES THROUGHOUT THE TRI-STATE AREA, WESTRICK MUSIC ACADEMY TOURS BOTH DOMESTICALLY AND INTERNATIONALLY ON AN ANNUAL BASIS. THESE TOURS ALLOW CHORISTERS TO PERFORM FOR NEW AUDIENCES AND INTERACT WITH MUSICIANS FROM DIFFERENT BACKGROUNDS AND CULTURES. TOURS MAY RANGE FROM A WEEKEND FESTIVAL IN A NEARBY STATE TO A TWO-WEEK INTERNATIONAL PERFORMANCE TOUR FILLED WITH PERFORMANCES AND WORKSHOPS FOR MANY AUDIENCES. IN ADDITION TO EXPANDING THEIR MUSICAL EXPERIENCE, THE CHORISTERS ARE EMPOWERED WITH GROWING INDEPENDENCE, A SHARPER SELF-AWARENESS, AND ENHANCED PERSPECTIVE OF THE WORLD IN WHICH THEY LIVE. TOURS ARE FUNDED BY THE PARTICIPANTS, WITH FINANCIAL ASSISTANCE PROVIDED BY DIRECTED GIFTS.

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Trantor Score

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $308,268
Program Service Revenue $707,544
Investment Income $24,083
Other Revenue $0
TOTAL REVENUE $1,039,895

Expense Breakdown

Grants Paid $0
Salaries & Benefits $455,377
Fundraising Expenses $41,868
Program Expenses $841,723
Other Expenses $647,682
TOTAL EXPENSES $1,103,059

Year-over-Year Comparison

2024 2023 Change
Revenue $1,039,895 $809,100 +0.3%
Expenses $1,103,059 $854,265 +0.3%
Net Income $-63,164 $-45,165 +0.4%
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
13
Independent Members
13
Employees
24
Volunteers
60

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
7
$103,116
Total Directors
15
$103,116
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LORRAINE GOODMAN E D EX OFFIC 40.00
Officer Director
$95,877 $7,239 $103,116
OLGA BARBANEL TRUSTESS 2.00
Director
$0 $0 $0
TINA BISWAS TRUSTEES 2.00
Officer Director
$0 $0 $0
JILLIAN CORN TRUSTEES 2.00
Director
$0 $0 $0
NOREEN GOLDBERG EXECUTIVE DI 40.00
Officer Director
$0 $0 $0
PRATHIMA IGNATIUS TRUSTEES 2.00
Director
$0 $0 $0
CHERI ROSE KATZ TRUSTEES 2.00
Director
$0 $0 $0
KRISTY V KYRIAKOPOULOS TRUSTEES 2.00
Director
$0 $0 $0
RYAN MANNI-BRENNAN TRUSTEES 2.00
Director
$0 $0 $0
MITESH PARIKH TREASURER 2.00
Officer Director
$0 $0 $0
BESS PLOENER SECRETARY 2.00
Officer Director
$0 $0 $0
JOAN VALCIN CO PRESIDENT 2.00
Officer Director
$0 $0 $0
JESSICA VIEIRA TRUSTEES 2.00
Director
$0 $0 $0
SHIRLEY WANG TRUSTEES 2.00
Director
$0 $0 $0
MARY JANE WEISS CO PRESIDENT 2.00
Officer 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
2025 $1,039,895 $1,103,059 $1,124,571 $-63,164
2023 $897,941 $999,905 $1,148,184 $-101,964
2022 $775,626 $897,671 $619,346 $-122,045
2021 $844,881 $824,914 $802,325 $19,967
2020 $855,755 $792,012 $810,686 $63,743
2018 $986,818 $982,929 $573,284 $3,889
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