51
Institute Of Music For Children Inc
Arts & Culture · Elizabeth, New Jersey
780 Salem Ave, Elizabeth, NJ 07208-2343
EIN: 020687805· Founded: Apr 2004· 22 years active· Filing Year: 2023
Annual Revenue
$1.4M
Total Expenses
$1.5M
Total Assets
$5.9M
Program Spending
33%
of expenses go to programs
Compensation & Payroll
Total Officer Compensation
$101K
6.8% of total expenses
All officers, directors, and key employees combined
Other Salaries & Wages
$831K
Total Payroll
$932K
62% of total expenses
Where the Money Goes
33%
Programs: 33%
Payroll: 62%
Other overhead: 67%
Program Revenue$488K (34%)
Total Expenses$1.5M (100%)
Payroll$932K (62%)
Overhead (non-program)67%
Trust Score Breakdown
Program Spending Ratio
33% of expenses go to programs
Revenue & Stability
$1.4M annual revenue
Executive Compensation
$101K total officer comp (6.8% of expenses)
Filing Recency
Most recent filing: 2023
Asset Strength
$5.9M in assets
Similar Arts & Culture Nonprofits in New Jersey
Data from IRS Form 990 filing (2023). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.