THE LUTHERAN MUSIC ACADEMY OF GALVESTON ISLAND INC

THE LUTHERAN MUSIC ACADEMY OF GALVESTON ISLAND INC

Galveston, TX, US
501(c)3
EIN
20-4992838

THE LUTHERAN MUSIC ACADEMY OF GALVESTON ISLAND INC

Galveston, TX, US
501(c)3
EIN
20-4992838

Income Statement

Fiscal Year Start:
Jan 1
Revenues in 2024

$98,513

Contributions
74%
Program Services
25%
Other
<1%
Government Grants
0%
Fundraising Events
0%
Membership Dues
0%
Investments
0%
Expenses in 2024

$126,536

Salaries & Benefits
56%
Fees to Service Providers
34%
Other
10%
Grants
0%
Benefits to Members
0%
Advertising & Promotion
0%
Offices, Occupancy & IT
0%
Interest
0%
Depreciation
0%
Revenues
2023
2024
Change
Contributions
$102,772
$73,301
-29%
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$24,512
$24,745
+1%
Membership Dues
$0
$0
-
Investments
$0
$0
-
Other
$226
$467
+107%
Total Revenues
$127,510
$98,513
-23%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$65,860
$71,298
+8%
Fees to Service Providers
$48,036
$42,766
-11%
Advertising & Promotion
$20
$0
-100%
Offices, Occupancy & IT
$0
$0
-
Interest
$0
$0
-
Depreciation
$0
$0
-
Other
$14,865
$12,472
-16%
Total Expenses
$128,781
$126,536
-2%
Net income
2023
2024
Change
Net income
-$1,271
-$28,023
-2105%
Income Statement
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