MAESTRA MUSIC INC

EIN: 833439518 501(c)(3) Arts, Culture & Humanities

NEW YORK, NY

Total Revenue
$787,911
Total Expenses
$803,779
Total Assets
$87,358
Net Assets
$87,358
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Financial Trends

Organization Details

Formation Year
2019
Legal Domicile
DE
Principal Officer
GEORGIA STITT
Phone
2123989366
Tax Period
2024-01-01 to 2024-12-31

MAESTRA MUSIC INC, founded in 2019, is a small nonprofit in the Arts, Culture & Humanities sector that reported $788K in total revenue in fiscal year 2024. Revenue fell 21% from the prior year — a significant decline worth monitoring.

Mission

ORGANIZATION'S MISSION: MAESTRA PROVIDES SUPPORT, VISIBILITY, AND COMMUNITY TO THE WOMEN AND NONBINARY PEOPLE WHO MAKE THE MUSIC IN THE MUSICAL THEATER INDUSTRY. OUR MEMBERSHIP IS MADE UP OF COMPOSERS, MUSIC DIRECTORS, ORCHESTRATORS, ARRANGERS, COPYISTS, REHEARSAL PIANISTS, AND OTHER MUSICIANS. THE ORGANIZATION'S INITIATIVES INCLUDE MONTHLY EDUCATIONAL SEMINARS, MENTORSHIP PROGRAMS, TECHNICAL SKILLS WORKSHOPS, NETWORKING EVENTS, AND ONLINE RESOURCES AND PARTNERSHIPS THAT AIM TO PROMOTE EQUALITY OF OPPORTUNITY AND TO ADDRESS THE MANY HISTORICAL DISADVANTAGES AND PRACTICES THAT HAVE LIMITED WOMEN AND NONBINARY COMPOSERS AND MUSICIANS IN THE MUSICAL THEATER.

Program Service Accomplishments

Program 1
Expenses: $401,536

DATABASE/WEBSITE:RISE THEATRE DIRECTORY IS A NATIONAL PERSONNEL DIRECTORY CREATED TO PROMOTE VISIBILITY OF INDIVIDUALS WHO WORK BACKSTAGE, BEHIND-THE-SCENES, AND IN SUPPORT OF THEATER MAKING. THE...

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DATABASE/WEBSITE:RISE THEATRE DIRECTORY IS A NATIONAL PERSONNEL DIRECTORY CREATED TO PROMOTE VISIBILITY OF INDIVIDUALS WHO WORK BACKSTAGE, BEHIND-THE-SCENES, AND IN SUPPORT OF THEATER MAKING. THE DIRECTORY IS A PUBLIC SERVICE TOOL, AVAILABLE TO ALL, CREATED WITH THE KNOWLEDGE THAT AMPLIFICATION IS PARTICULARLY POWERFUL FOR THOSE WHO ARE OFTEN OVERLOOKED, INCLUDING BUT NOT LIMITED TO PEOPLE OF COLOR, WOMEN, TRANS, NONBINARY, DEAF, AND DISABLED THEATRE PROFESSIONALS. RISE THEATRE DIRECTORY ALLOWS THESE PROFESSIONALS TO BE DISCOVERED AND IDENTIFIED FOR EMPLOYMENT AND OPPORTUNITIES BY PRODUCERS, GENERAL MANAGERS, THEATERS AND VARIOUS EMPLOYERS.

Program 2
Expenses: $77,933 Revenue: $97,953

AMPLIFY 23:THE ANNUAL AMPLIFY CONCERT AND COMMUNITY EVENT, HELD THE LAST MONDAY IN MARCH TO ALIGN WITH WOMEN'SHISTORY MONTH, BRINGS TOGETHER MAESTRAS FROM ALL OVER THE WORLD FOR AN ELECTRIC EVENING...

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AMPLIFY 23:THE ANNUAL AMPLIFY CONCERT AND COMMUNITY EVENT, HELD THE LAST MONDAY IN MARCH TO ALIGN WITH WOMEN'SHISTORY MONTH, BRINGS TOGETHER MAESTRAS FROM ALL OVER THE WORLD FOR AN ELECTRIC EVENING OF UNIQUE MUSICAL PERFORMANCES. THE EVENT IS HELD ONLINE AND IN PERSON TO ACHIEVE MAXIMUM AWARENESS AND SUPPORT FOR THE TALENTED WOMEN AND NONBINARY MEMBERS OF THE MUSICAL THEATER COMMUNITY. THE EVENT WAS ATTENDED BY APPROXIMATELY 271 PEOPLE.

Program 3
Expenses: $34,028 Revenue: $1,634

WORKSHOPS:THE ORGANIZATION CONTINUED ITS TECHNICAL WORKSHOP SERIES, WHICH HAS GROWN FROM A MUSICAL DIRECTORS' TRAINING INITIATIVE FOR WOMEN INTO A MONTHLY SERIES OF EDUCATION CLASSED THOUGHT BY ITS...

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WORKSHOPS:THE ORGANIZATION CONTINUED ITS TECHNICAL WORKSHOP SERIES, WHICH HAS GROWN FROM A MUSICAL DIRECTORS' TRAINING INITIATIVE FOR WOMEN INTO A MONTHLY SERIES OF EDUCATION CLASSED THOUGHT BY ITS MEMBERS AND OPEN TO THE PUBLIC. INSTURCTORS INCLUDED FEMALES THAT WERE SHOWCASED AS EXPERTS IN THEIR FIELDS. THE APPROXIMATE ATTENDANCE FOR ALL OF THE TECHINCAL WORKSHOPS THROUGHOUT 2023 WAS 1,829.

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $686,290
Program Service Revenue $99,587
Investment Income $2,034
Other Revenue $0
TOTAL REVENUE $787,911

Expense Breakdown

Grants Paid $0
Salaries & Benefits $403,448
Fundraising Expenses $0
Program Expenses $513,497
Other Expenses $400,331
TOTAL EXPENSES $803,779

Year-over-Year Comparison

2024 2023 Change
Revenue $787,911 $991,107 -0.2%
Expenses $803,779 $1,019,036 -0.2%
Net Income $-15,868 $-27,929 -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
6
Independent Members
4
Employees
13
Volunteers
75

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
3
$78,000
Total Directors
6
$78,000
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
GEORGIA STITT PRESIDENT 30.00
Officer Director
$54,000 $0 $54,000
EMILY GRISHMAN SECRETARY 5.00
Officer Director
$0 $0 $0
LAURA IVEY TREASURER 20.00
Officer Director
$24,000 $0 $24,000
CHRISTIE CHILES-TWILLIE DIRECTOR 5.00
Director
$0 $0 $0
VALERIE LAU-KEE DIRECTOR 5.00
Director
$0 $0 $0
ANDREW KOENIGSBERG DIRECTOR 5.00
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
2024 $787,911 $803,779 $87,358 $-15,868
2023 $991,107 $1,019,036 $103,226 $-27,929
2022 $450,990 $429,862 $131,853 $21,128
2021 $208,937 $204,951 $110,027 $3,986
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