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Aequalis Inc

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

EIN: 112798348 ✦ Lake worth, FL ✦ Designated as a 501(c)(3)

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Overview

What is Aequalis Inc?

Aequalis Inc, established in Lake Worth, Florida, is a nonprofit organization primarily focused on music-related activities. Their main goal is to orchestrate musical performances and provide education in this field. As a music festival or event organization, they contribute to the artistic and educational growth of the community, offering engaging events that cater to diverse musical tastes. The organization's mission extends beyond entertainment, aiming to foster an appreciation for music and inspire learning among its audience.

Is Aequalis Inc legitimate?

Aequalis Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Aequalis 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: $23,272
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Aequalis Inc?

Aequalis Inc, through its Core Ensemble, is dedicated to promoting musical performances and education. This mission is carried out by organizing events in an unspecified location. The Core Ensemble serves as a platform for both showcasing musical talent and providing educational opportunities in the realm of music. The organization's activities primarily revolve around facilitating musical performances and offering related educational programming.

What is the revenue of Aequalis Inc?

Aequalis Inc's revenue in 2024 was $236,989.

Who are the executives of Aequalis Inc and what are their salaries?

The average compensation at Aequalis Inc during 2024 was $11,636. There are 2 employees at Aequalis Inc.

Here are 2 key members and their salaries:


Michael Parola (Pres. & Treas.)
  • Compensation: $16,623
  • Related: $0
  • Other: $0
Margot Emery (Clerk)
  • Compensation: $6,649
  • Related: $0
  • Other: $0
Where can I find the form 990 for Aequalis Inc?

Aequalis Inc's most recent form 990 was submitted in 2024 and can be accessed here.

Mission Statement of Aequalis Inc

Aequalis Inc, as a musical organization, is dedicated to the provision of captivating performances and educational opportunities. The Core Ensemble, a division of Aequalis Inc, serves as the primary vehicle for achieving this mission in Lake Worth, FL. Their primary objective is to stage musical events and offer educational programs, thus fostering an appreciation for music and its various expressions.

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Impact




October, 2024

Aequalis Inc actively enhances the cultural landscape of Lake Worth, FL, through its commitment to musical performances and education. By organizing events like the Core Ensemble, the organization serves as a vital platform for artists and musicians, fostering creativity and artistic expression within the community.

Their mission goes beyond mere entertainment; it encompasses education, providing opportunities for individuals to engage with music on deeper levels. This focus on education helps cultivate a new generation of musicians and art enthusiasts, enriching the community's cultural fabric. The organization also promotes accessibility to the arts, ensuring that people from various backgrounds can experience and appreciate musical performances, thereby strengthening community bonds and encouraging collaboration.

In summation, Aequalis Inc's impact lies in its dedication to cultivating a vibrant arts scene, promoting artistic education, and enriching the community through shared musical experiences.




This information is meant to be a general summary of Aequalis 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
$236,989 (2024)
Expenses
$236,619 (2024)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2024.

  • Program Service Revenue: $111,450
  • Gross Receipts: $236,989

Assets and Liabilities:

  • Total Assets: $42,707
  • Total Liabilities: $0
  • Net Assets: $42,707

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Programs

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

Concert Fees

Revenue

$111,450

Organization Details

Founding Year

1994

Principal Officer

Michael Parola

NTEE Category

Code: A68Z - Arts

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