Quakertown Music Promoters Organization Inc

Quakertown, PA | http://www.qmpo.org

GuideStar Charity Check

EIN: 23-2400404

Contributions tax deductible
as of November 2023

IRS BMF 509(a)(2)
as of November 13, 2023

View summary

Charity Check report

Mission

The purpose of QMPO is: ● To enrich lives and establish an appreciation of music within the community of Quakertown through the high school music programs. ● To inspire, foster, encourage, and maintain enthusiastic interest and support in all aspects of Band, Choir, and Orchestra programs. ● To cooperate with and support the Band, Choir, and Orchestra Directors; school administration; and the Quakertown Community School Board to maintain the highest standards of excellence in music education. ● To develop and maintain a respected organization that will promote fellowship through the art of music and associated performing arts. ● To provide the high school Music Department with financial assistance but in no way assume the cost of the music education program, which is the responsibility of

Ruling year info

1994

President

William Drobins

Main address

PO Box 162 Quakertown PA 18951-1599,

Quakertown, PA 18951 USA

Show more contact info

EIN

23-2400404

Subject area info

Arts education

Musical theater

Composition

Musical ensembles and groups

Orchestral music

Show more subject areas

Population served info

Parents

NTEE code info

Music (A68)

IRS subsection

501(c)(3) Public Charity

IRS filing requirement

This organization is required to file an IRS Form 990 or 990-EZ.

Tax forms

Show Forms 990

Communication

Programs and results

What we aim to solve

This profile needs more info.

If it is your nonprofit, add a problem overview.

Our programs

SOURCE: Self-reported by organization

What are the organization's current programs, how do they measure success, and who do the programs serve?

Quakertown Community School District Music Program

The QCSD Music Department is ready to help your child stay involved in music at the elementary, middle and high school levels through the following activities:
--Instrumental music lessons offered to students grades 3-12.
--General music classes are offered to students in grades K-5.
--Chorus is offered at our elementary schools.
--Secondary students can choose from various music electives including chorus, music appreciation, music theory, and instrumental music.

Population(s) Served

Preteens

Children

Adolescents

Where we work

External reviews

Financials

Quakertown Music Promoters Organization Inc

Fiscal year: Jan 01 - Dec 31

Revenue vs. expenses: breakdown

SOURCE: IRS Form 990

NET GAIN/LOSS: in

Note: When component data are not available, the graph displays the total Revenue and/or Expense values.

Liquidity in 2022

SOURCE: IRS Form 990

Average of 0.00 over 8 years

Months of cash in 2022

SOURCE: IRS Form 990

Average of 8.6 over 8 years

Fringe rate in 2022

SOURCE: IRS Form 990

%

Average of 0% over 8 years

Funding sources

Source: IRS Form 990

Assets & liabilities

Source: IRS Form 990

Financial data

SOURCE: IRS Form 990

Digitizing IRS form 990 data

Quakertown Music Promoters Organization Inc

Revenue & expenses

Fiscal Year: Jan 01 - Dec 31

SOURCE: IRS Form 990 info

Fiscal year ending: Download Data

Revenue
Contributions	$1,572
Program Services	$0
Investments	$78
Special Events	$13,377
Sales	$0
Other	$14,976
Total Revenue	$30,003

Expenses
Grants	$760
Salaries & Employee Benefits	$0
Professional Fees	$0
Occupancy	$0
Printing, Publications, Postage, etc.	$53
Other Expenses	$41,444
Total Expenses	$42,257
Net Gain/Loss	($12,254)

Revenue
Contributions	$14,010
Program Services	$0
Investments	$75
Special Events	$34,779
Sales	$0
Other	$6,858
Total Revenue	$55,722

Expenses
Grants	$800
Salaries & Employee Benefits	$0
Professional Fees	$169
Occupancy	$0
Printing, Publications, Postage, etc.	$0
Other Expenses	$62,034
Total Expenses	$63,003
Net Gain/Loss	($7,281)

Revenue
Contributions	$13,390
Government Grants	$0
Program Services	$0
Investments	$77
Special Events	$29,092
Sales	$0
Other	$8,716
Total Revenue	$51,275

Expenses
Program Services	$46,045
Administration	$0
Fundraising	$0
Total Expenses	$46,045
Net Gain/Loss	$5,230

Functional expenses
Accounting Fees	$250
Advertising & Promotion	$0
Information Technology Expenses	$0
Insurance Expenses	$0
Interest Expenses	$0
Investment Management Fees	$0
Legal Fees	$0
Pension Plan Contributions	$0
Professional Fundraising Expenses	$0

Revenue
Contributions	$10,495
Government Grants	$0
Program Services	$0
Investments	$128
Special Events	$43,635
Sales	$0
Other	$1,202
Total Revenue	$55,460

Expenses
Program Services	$56,913
Administration	$0
Fundraising	$0
Total Expenses	$56,913
Net Gain/Loss	($1,453)

Functional expenses
Accounting Fees	$0
Advertising & Promotion	$0
Information Technology Expenses	$0
Insurance Expenses	$0
Interest Expenses	$0
Investment Management Fees	$0
Legal Fees	$0
Pension Plan Contributions	$0
Professional Fundraising Expenses	$0

Revenue
Contributions	$3,692
Government Grants	$0
Program Services	$0
Investments	$148
Special Events	$21,267
Sales	$0
Other	$43,604
Total Revenue	$68,711

Expenses
Program Services	$110,597
Administration	$0
Fundraising	$0
Total Expenses	$110,597
Net Gain/Loss	($41,886)

Functional expenses
Accounting Fees	$0
Advertising & Promotion	$0
Information Technology Expenses	$0
Insurance Expenses	$0
Interest Expenses	$0
Investment Management Fees	$0
Legal Fees	$0
Pension Plan Contributions	$0
Professional Fundraising Expenses	$0

Revenue
Contributions	$939
Government Grants	$0
Program Services	$0
Investments	$116
Special Events	$86,582
Sales	$0
Other	$11,888
Total Revenue	$99,525

Expenses
Program Services	$98,692
Administration	$0
Fundraising	$0
Total Expenses	$98,692
Net Gain/Loss	$833

Functional expenses
Accounting Fees	$0
Advertising & Promotion	$516
Information Technology Expenses	$0
Insurance Expenses	$2,408
Interest Expenses	$0
Investment Management Fees	$0
Legal Fees	$0
Pension Plan Contributions	$0
Professional Fundraising Expenses	$0

Revenue
Contributions	$793
Program Services	$0
Investments	$0
Special Events	$27,817
Sales	$0
Other	$0
Total Revenue	$28,610

Expenses
Grants	$0
Salaries & Employee Benefits	$0
Professional Fees	$0
Occupancy	$0
Printing, Publications, Postage, etc.	$0
Other Expenses	$0
Total Expenses	$0
Net Gain/Loss	$28,610

Quakertown Music Promoters Organization Inc

Balance sheet

Fiscal Year: Jan 01 - Dec 31

SOURCE: IRS Form 990 info

The balance sheet gives a snapshot of the financial health of an organization at a particular point in time. An organization's total assets should generally exceed its total liabilities, or it cannot survive long, but the types of assets and liabilities must also be considered. For instance, an organization's current assets (cash, receivables, securities, etc.) should be sufficient to cover its current liabilities (payables, deferred revenue, current year loan, and note payments). Otherwise, the organization may face solvency problems. On the other hand, an organization whose cash and equivalents greatly exceed its current liabilities might not be putting its money to best use.

Fiscal year ending: Download Data

Assets	Jan 01, 2015	Dec 31, 2015	Change
Contributions	$1,572
Cash & Equivalents	$113,706	$101,710	($11,996)
Fixed Assets (LBE - Depreciation)	$0	$0	$0
Other	$0	$0	$0
Total Assets	$113,706	$101,710	($11,996)

Liabilities	Jan 01, 2015	Dec 31, 2015	Change
Total Liabilities	$0	$0	$0

Fund balance	Jan 01, 2015	Dec 31, 2015	Change
Net Assets	$113,706	$101,710	($11,996)

Assets	Jan 01, 2016	Dec 31, 2016	Change
Contributions	$14,010
Cash & Equivalents	$101,710	$94,429	($7,281)
Fixed Assets (LBE - Depreciation)	$0	$0	$0
Other	$0	$0	$0
Total Assets	$101,710	$94,429	($7,281)

Liabilities	Jan 01, 2016	Dec 31, 2016	Change
Total Liabilities	$0	$0	$0

Fund balance	Jan 01, 2016	Dec 31, 2016	Change
Net Assets	$101,710	$94,429	($7,281)

Assets	Jan 01, 2017	Dec 31, 2017	Change
Contributions	$13,390
Cash & Equivalents	$94,429	$99,659	$5,230
Accounts Receivable	$0	$0	$0
Pledges & Grants Receivable	$0	$0	$0
Receivable, Other	$0	$0	$0
Inventories for Sale or Use	$0	$0	$0
Investment, Securities	$0	$0	$0
Investment, Other	$0	$0	$0
Fixed Assets (LBE - Depreciation)	$0	$0	$0
Other	$0	$0	$0
Total Assets	$94,429	$99,659	$5,230

Liabilities	Jan 01, 2017	Dec 31, 2017	Change
Accounts Payable	$0	$0	$0
Grants Payable	$0	$0	$0
Deferred Revenue	$0	$0	$0
Loans and Notes	$0	$0	$0
Tax-Exempt Bond Liabilities	$0	$0	$0
Other	$0	$0	$0
Total Liabilities	$0	$0	$0

Fund balance	Jan 01, 2017	Dec 31, 2017	Change
Temporarily Restricted Net Assets	$0	$0	$0
Permanently Restricted Net Assets	$0	$0	$0
Total Restricted Net Assets	$0	$0	$0
Unrestricted Net Assets	$94,429	$99,659	$5,230
Net Assets	$94,429	$99,659	$5,230

Assets	Jan 01, 2018	Dec 31, 2018	Change
Contributions	$10,495
Cash & Equivalents	$99,659	$98,331	($1,328)
Accounts Receivable	$0	$0	$0
Pledges & Grants Receivable	$0	$0	$0
Receivable, Other	$0	$0	$0
Inventories for Sale or Use	$0	$0	$0
Investment, Securities	$0	$0	$0
Investment, Other	$0	$0	$0
Fixed Assets (LBE - Depreciation)	$0	$0	$0
Other	$0	$0	$0
Total Assets	$99,659	$98,331	($1,328)

Liabilities	Jan 01, 2018	Dec 31, 2018	Change
Accounts Payable	$0	$0	$0
Grants Payable	$0	$0	$0
Deferred Revenue	$0	$0	$0
Loans and Notes	$0	$0	$0
Tax-Exempt Bond Liabilities	$0	$0	$0
Other	$0	$0	$0
Total Liabilities	$0	$0	$0

Fund balance	Jan 01, 2018	Dec 31, 2018	Change
Temporarily Restricted Net Assets	$0	$0	$0
Permanently Restricted Net Assets	$0	$0	$0
Total Restricted Net Assets	$0	$0	$0
Unrestricted Net Assets	$99,659	$98,331	($1,328)
Net Assets	$99,659	$98,331	($1,328)

Assets	Jan 01, 2019	Dec 31, 2019	Change
Contributions	$3,692
Cash & Equivalents	$98,299	$84,901	($13,398)
Accounts Receivable	$0	$0	$0
Pledges & Grants Receivable	$0	$0	$0
Receivable, Other	$0	$0	$0
Inventories for Sale or Use	$0	$0	$0
Investment, Securities	$0	$0	$0
Investment, Other	$0	$0	$0
Fixed Assets (LBE - Depreciation)	$0	$0	$0
Other	$0	$0	$0
Total Assets	$98,331	$84,901	($13,430)

Liabilities	Jan 01, 2019	Dec 31, 2019	Change
Accounts Payable	$0	$0	$0
Grants Payable	$0	$0	$0
Deferred Revenue	$0	$0	$0
Loans and Notes	$0	$0	$0
Tax-Exempt Bond Liabilities	$0	$0	$0
Other	$0	$0	$0
Total Liabilities	$0	$0	$0

Fund balance	Jan 01, 2019	Dec 31, 2019	Change
Temporarily Restricted Net Assets	N/A	N/A	N/A
Permanently Restricted Net Assets	N/A	N/A	N/A
Total Restricted Net Assets	$0	$0	$0
Unrestricted Net Assets	$0	$0	$0
Net Assets	$0	$0	$0

Assets	Jan 01, 2021	Dec 31, 2021	Change
Contributions	$939
Cash & Equivalents	$104,372	$105,205	$833
Accounts Receivable	$0	$0	$0
Pledges & Grants Receivable	$0	$0	$0
Receivable, Other	$0	$0	$0
Inventories for Sale or Use	$0	$0	$0
Investment, Securities	$0	$0	$0
Investment, Other	$0	$0	$0
Fixed Assets (LBE - Depreciation)	$0	$0	$0
Other	$0	$0	$0
Total Assets	$104,372	$105,205	$833

Liabilities	Jan 01, 2021	Dec 31, 2021	Change
Accounts Payable	$0	$0	$0
Grants Payable	$0	$0	$0
Deferred Revenue	$0	$0	$0
Loans and Notes	$0	$0	$0
Tax-Exempt Bond Liabilities	$0	$0	$0
Other	$0	$0	$0
Total Liabilities	$0	$0	$0

Fund balance	Jan 01, 2021	Dec 31, 2021	Change
Temporarily Restricted Net Assets	N/A	N/A	N/A
Permanently Restricted Net Assets	N/A	N/A	N/A
Total Restricted Net Assets	$0	$0	$0
Unrestricted Net Assets	$104,372	$105,205	$833
Net Assets	$104,372	$105,205	$833

Assets	Jan 01, 2022	Dec 31, 2022	Change
Contributions	$793
Cash & Equivalents	$108,294	$136,904	$28,610
Fixed Assets (LBE - Depreciation)	$0	$0	$0
Other	$0	$0	$0
Total Assets	$108,294	$136,904	$28,610

Liabilities	Jan 01, 2022	Dec 31, 2022	Change
Total Liabilities	$0	$0	$0

Fund balance	Jan 01, 2022	Dec 31, 2022	Change
Net Assets	$108,294	$136,904	$28,610

Quakertown Music Promoters Organization Inc

Financial trends analysis Glossary & formula definitions

Fiscal Year: Jan 01 - Dec 31

SOURCE: IRS Form 990 info

This snapshot of Quakertown Music Promoters Organization Inc’s financial trends applies Nonprofit Finance Fund® analysis to data hosted by GuideStar. While it highlights the data that matter most, remember that context is key – numbers only tell part of any story.

Created in partnership with

Fiscal year: Jan 01 - Dec 31 View full report Download data

Business model indicators

Profitability	2017	2018	2019	2021
Unrestricted surplus (deficit) before depreciation	$5,230	-$1,328	$0	$833
As % of expenses	11.4%	-2.3%	0.0%	0.8%
Unrestricted surplus (deficit) after depreciation	$5,230	-$1,328	$0	$833
As % of expenses	11.4%	-2.3%	0.0%	0.8%

Revenue composition
Total revenue (unrestricted & restricted)	$51,275	$55,460	$68,711	$99,525
Total revenue, % change over prior year	0.0%	8.2%	23.9%	0.0%
Program services revenue	0.0%	0.0%	0.0%	0.0%
Membership dues	0.0%	0.0%	0.0%	0.0%
Investment income	0.2%	0.2%	0.2%	0.1%
Government grants	0.0%	0.0%	0.0%	0.0%
All other grants and contributions	71.0%	92.1%	36.3%	87.8%
Other revenue	28.8%	7.7%	63.5%	12.1%

Expense composition
Total expenses before depreciation	$46,045	$56,913	$110,597	$98,692
Total expenses, % change over prior year	0.0%	23.6%	94.3%	0.0%
Personnel	0.0%	0.0%	0.0%	0.0%
Professional fees	0.5%	0.0%	0.0%	0.0%
Occupancy	0.0%	0.0%	0.0%	0.0%
Interest	0.0%	0.0%	0.0%	0.0%
Pass-through	2.6%	2.3%	1.4%	1.3%
All other expenses	96.9%	97.7%	98.6%	98.7%

Full cost components (estimated)	2017	2018	2019	2021
Total expenses (after depreciation)	$46,045	$56,913	$110,597	$98,692
One month of savings	$3,837	$4,743	$9,216	$8,224
Debt principal payment	$0	$0	$0	$0
Fixed asset additions	$0	$0	$0	$0
Total full costs (estimated)	$49,882	$61,656	$119,813	$106,916

Capital structure indicators

Liquidity	2017	2018	2019	2021
Months of cash	26.0	20.7	9.2	12.8
Months of cash and investments	26.0	20.7	9.2	12.8
Months of estimated liquid unrestricted net assets	26.0	20.7	0.0	12.8

Balance sheet composition	2017	2018	2019	2021
Cash	$99,659	$98,331	$84,901	$105,205
Investments	$0	$0	$0	$0
Receivables	$0	$0	$0	$0
Gross land, buildings, equipment (LBE)	$0	$0	$0	$0
Accumulated depreciation (as a % of LBE)	0.0%	0.0%	0.0%	0.0%
Liabilities (as a % of assets)	0.0%	0.0%	0.0%	0.0%
Unrestricted net assets	$99,659	$98,331	$0	$105,205
Temporarily restricted net assets	$0	$0	N/A	N/A
Permanently restricted net assets	$0	$0	N/A	N/A
Total restricted net assets	$0	$0	$0	$0
Total net assets	$99,659	$98,331	$0	$105,205

Key data checks

Key data checks	2017	2018	2019	2021
Material data errors	No	No	Yes	No

Operations

The people, governance practices, and partners that make the organization tick.

Documents

Letter of Determination is not available for this organization

Form 1023/1024 is not available for this organization

President

William Drobins

Number of employees

Source: IRS Form 990

Quakertown Music Promoters Organization Inc

Officers, directors, trustees, and key employees

SOURCE: IRS Form 990

Compensation

Other

Show data for fiscal year

Compensation data

Download up to 5 most recent years of officer and director compensation data for this organization

There are no highest paid employees recorded for this organization.

This organization has no recorded board members.

Quakertown Music Promoters Organization Inc

Mission

Is this your nonprofit?

Programs and results

What we aim to solve

This profile needs more info.

Our programs

Quakertown Community School District Music Program

Where we work

Financials

Revenue vs. expenses: breakdown

Liquidity in 2022 info

Months of cash in 2022 info

Fringe rate in 2022 info

%

Funding sources info

Assets & liabilities info

Financial data

Digitizing IRS form 990 data

Quakertown Music Promoters Organization Inc

Quakertown Music Promoters Organization Inc

Quakertown Music Promoters Organization Inc

Business model indicators

Capital structure indicators

Key data checks

Operations

Documents

President

William Drobins

Number of employees

Quakertown Music Promoters Organization Inc

Compensation data

Liquidity in 2022

Months of cash in 2022

Fringe rate in 2022

Funding sources

Assets & liabilities