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New Musicals Inc

Academy For New Musical Theatre

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 010745909 ✦ North hollywood, CA ✦ Designated as a 501(c)(3)

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Overview

What is New Musicals Inc?

New Musicals Inc, as per the provided information, is a nonprofit organization primarily dedicated to the creation, production, and research of new musical theatre pieces. They achieve this goal through various programs such as workshops, table readings, concerts, and full-scale productions. Furthermore, they offer additional services to aid in the development of these new musicals, contributing to the broader musical theatre community. The Academy For New Musical Theatre, as another name for New Musicals Inc, is committed to advancing the art form by nurturing and fostering new musical talent.


Official website here: www.nmi.org

What do the Facebook reviews say about New Musicals Inc?

98% of 12 reviewers on Facebook recommend this charity. Here is a summary of their reviews:

Many reviewers express enthusiasm about New Musicals Inc, highlighting it as an excellent environment for developing new musicals. The staff is consistently praised for their knowledge, talent, and approachability, making it easy for creatives to seek assistance and guidance during the development process.

Overall, the sentiment towards New Musicals Inc is overwhelmingly positive, with users appreciating the supportive atmosphere and expertise offered by the organization. It appears that the nonprofit truly succeeds in providing valuable resources and help to aspiring musical creators.


This AI summary has been generated from reviews found on Facebook.

Is New Musicals Inc legitimate?

New Musicals Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. New Musicals Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $130,441

For more financial information, click here


Official website here: www.nmi.org

What is the mission statement of New Musicals Inc?

New Musicals Inc, through its Academy For New Musical Theatre, is dedicated to exploring, developing, and showcasing new musicals. They accomplish this by organizing various programs such as workshops, table readings, concerts, and full productions. Beyond creating and producing new musicals, they also provide developmental services to support the growth of these new works.


Official website here: www.nmi.org

Who is the CEO of New Musicals Inc?

Scott Guy is the Board Member of New Musicals Inc.


Official website here: www.nmi.org

What is the revenue of New Musicals Inc?

New Musicals Inc's revenue in 2023 was $227,168.


Official website here: www.nmi.org

Who are the executives of New Musicals Inc and what are their salaries?

The average compensation at New Musicals Inc during 2023 was $2,174. There are 60 employees and 40 volunteers at New Musicals Inc.


Here are 11 key members and their salaries:


John Sparks (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Elise Dewberry (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paula Brand (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Mitchell (President/Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Gordon Shapiro (Member Representative)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bared Dilacar (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ken Faulkner (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Denise Monden (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jesse Smith (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christina Valo-Piedlow (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Blaha (Vice-President)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.nmi.org

Where can I find the form 990 for New Musicals Inc?

New Musicals Inc's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.nmi.org

Learn more at the official website: www.nmi.org

Mission Statement of New Musicals Inc

New Musicals Inc, known as the Academy For New Musical Theatre, is dedicated to the exploration, creation, and production of innovative musicals. Their mission encompasses various programs such as workshops, table readings, concerts, and full-scale productions, all aimed at nurturing new musical works. Beyond these creative endeavors, the organization also provides program services and developmental support to further enhance the development and presentation of these musicals. In essence, New Musicals Inc serves as a hub for the creation and cultivation of fresh, captivating musicals, offering a platform for both established and emerging talents to showcase their work.

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Impact




October, 2024

New Musicals Inc has a significant impact on the landscape of musical theatre by fostering the development of new works. Through its Academy for New Musical Theatre, the organization provides essential platforms for creativity and innovation in the arts. By hosting workshops, table readings, concerts, and full productions, it creates opportunities for artists and audiences to engage with new narratives and diverse voices in musical storytelling.

The organization emphasizes collaboration and community, allowing emerging and established writers, composers, and lyricists to refine their craft and showcase their talents. With developmental services and program offerings, New Musicals Inc ensures that promising projects receive the support they need to thrive, ultimately enriching the cultural fabric of North Hollywood and beyond. Their commitment to studying and producing new musicals helps to keep the art form vibrant and relevant, influencing future generations of artists and audiences alike.




This information is meant to be a general summary of New Musicals Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$227,168 (2023)
Expenses
$225,754 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $2
  • Program Service Revenue: $101,860
  • Gross Receipts: $227,168

Assets and Liabilities:

  • Total Assets: $133,820
  • Total Liabilities: $0
  • Net Assets: $133,820

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

02A Curriculum Income

Revenue

$56,712

02B Dramaturgy Income

Revenue

$13,625

02C Event Income

Revenue

$4,014

02D Online Income

Revenue

$270

02E Rental Income

Revenue

$27,239

Organization Details

Founding Year

2002

Principal Officer

Scott Guy

Main Address

5628 Vineland Ave, North Hollywood, CA, 91601

NTEE Category

Code: A65 - Arts

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