Overview
What is Iam Music Inc?
Iam Music Inc, based in Durango, Colorado, is a nonprofit organization committed to enriching the lives of over 300 children through musical education. They operate within five schools that have limited music programs, offering engaging and educational musical activities. Recognizing the financial challenges some families face, Iam Music Inc provides private music lessons and instrument rentals at significantly reduced prices. With a team of 19 dedicated individuals, this nonprofit strives to foster a love for music and nurture the talents of young minds.
Is Iam Music Inc legitimate?
Iam Music Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Iam Music 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: $62,495
Professional Fundraising Fees: $0
Other Salaries and Wages: $201,971
For more financial information, click here
What is the mission statement of Iam Music Inc?
Iam Music Inc's mission is centered around the development and execution of educational musical programs for youth. They strive to provide musical education to children attending schools with limited music programs, reaching over 300 students in total. In addition to the group lessons, the company offers private music lessons and instrument rentals at significantly reduced prices.
Who is the CEO of Iam Music Inc?
Liz Mora is the President of Iam Music Inc.
What is the revenue of Iam Music Inc?
Iam Music Inc's revenue in 2022 was $430,193.
Who are the executives of Iam Music Inc and what are their salaries?
The average compensation at Iam Music Inc during 2022 was $13,919. There are 19 employees and 35 volunteers at Iam Music Inc.
Here are 7 key members and their salaries:
- Compensation: $62,495
- Related: $0
- Other: $0
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- Other: $0
Where can I find the form 990 for Iam Music Inc?
Iam Music Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Iam Music Inc
Iam Music Inc, a nonprofit organization, is dedicated to the development and execution of educational musical programs for youth. Their mission is to provide musical education to children who attend schools with limited music programs. By offering this service, Iam Music Inc aims to enrich the lives of over 300 children through the power of music. In addition to their school-based programs, Iam Music Inc also offers private music lessons and instrument rentals at significantly reduced prices for those who might not otherwise have access to such opportunities. This commitment to making music education accessible ensures that every child has the chance to develop their musical skills and reap the benefits that come with it.
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Impact
October, 2024
Iam Music Inc significantly enhances the musical landscape for youth, providing essential education and resources to over 300 children. By focusing on the development and execution of educational musical programs, the organization fills critical gaps in areas where schools offer limited music education. This is particularly impactful in five local schools, ensuring that students have access to quality musical training and experiences.
Through private lessons and affordable instrument rentals, Iam Music Inc democratizes access to music education, empowering children from diverse backgrounds to explore their musical talents without financial barriers. This initiative not only nurtures individual skill development but also fosters a sense of community and collaboration among young musicians. Ultimately, Iam Music Inc plays a crucial role in enriching the cultural fabric of Durango, Colorado, by inspiring the next generation of artists and musicians.
This information is meant to be a general summary of Iam Music 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $5
- Program Service Revenue: $169,557
- Gross Receipts: $532,300
Assets and Liabilities:
- Total Assets: $51,405
- Total Liabilities: $20,004
- Net Assets: $31,401
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAMS
Revenue
$169,557
Organization Details
Founding Year
2014
Principal Officer
Liz Mora
Main Address
1315 MAIN SUITE 207, DURANGO, CO, 81301
NTEE Category
Code: A68 - Arts
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