Westport School Of Music Inc in Westport, Connecticut (CT)

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Westport School Of Music Inc
Employer Identification Number (EIN)060728651
Name of OrganizationWestport School Of Music Inc
Address18 Woods Grove Rd, Westport, CT 06880-2426
ActivitiesPrivate school, School, college, trade school, etc.
SubsectionEducational Organization
Ruling Date12/1959
DeductibilityContributions are deductible
FoundationSchool
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period08/2012
Assets$100,000 to $499,999
Income$100,000 to $499,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$242,113
Amount of Income$370,606
Form 990 Revenue Amount$370,606
National Taxonomy of Exempt Entities (NTEE)Arts, Culture and Humanities: Performing Arts Schools


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Amount of income in 2012: $370,606
This organization: 

 $370,606
Other organizations performing similar types of work: 

 $416,832

Assets in 2012: $242,113
This organization: 

 $242,113
Other organizations performing similar types of work: 

 $235,536

Expenses in 2007: $412,666
This organization: 

 $412,666
Other organizations performing similar types of work: 

 $2,280,349

Income to expenses ratio in 2007: 1.0
This organization: 

 1.0
Other organizations performing similar types of work: 

 1.2

Expenses allocated to program services in 2007: 83.8%
This organization: 

 83.8%
Other organizations performing similar types of work: 

 79.7%

Grants share in income in 2007: 4.2%
This organization: 

 4.2%
Other organizations performing similar types of work: 

 45.0%

Financial snapshot ($)

Revenue for 2007

Assets at end of 2007

Expenses for 2007

Functional Expenses for 2007 ($)

Income-Producing Activities for 2007

Revenue, Expenses, and Changes in Net Assets or Fund Balances
20002001200220032004200520062007
Total revenue$320,643$318,036$325,509$363,578$383,957$413,884$403,929$404,925
Contributions, gifts, grants, and similar amounts received$11,669$7,830$7,848$14,850$4,600$29,500$9,724$17,135
Contributions to donor advised funds$0$0
Direct public support$11,669$7,830$7,848$14,850$4,600$29,500$9,724$17,135
Indirect public support$0$0$0$0$0$0$0$0
Government contributions (grants)$0$0$0$0$0$0$0$0
Program service revenue including government fees and contracts$306,670$310,604$313,686$346,039$375,104$380,272$388,044$388,765
Membership dues and assessments$0$0$0$0$0$0$0$0
Interest on savings and temporary cash investments$5,565$1,802$1,389$818$2,770$3,030$1,399$242
Dividends and interest from securities$1,096$972$36$299$73$257$2,443$164
Net rental income or (loss)$0$0$0$0$0$0$0$0
Gross rents$0$0$0$0$0$0$0$0
Less: rental expenses$0$0$0$0$0$0$0$0
Other investment income$-4,357$-3,172$2,550$1,572$1,410$825$2,319$-1,381
Gain or (loss) from sales of assets other than inventory$0$0$0$0$0$0$0$0
Gross amount from sales of assets other than inventory$0$0$0$0$0$0$0$0
Less: cost or other basis and sales expenses$0$0$0$0$0$0$0$0
Net income or (loss) from special events and activities$0$0$0$0$0$0$0$0
Gross revenue$0$0$0$0$0$0$0$0
Less: direct expenses other than fundraising expenses$0$0$0$0$0$0$0$0
Gross profit or (loss) from sales of inventory$0$0$0$0$0$0$0$0
Gross sales of inventory, less returns and allowances$0$0$0$0$0$0$0$0
Less: cost of goods sold$0$0$0$0$0$0$0$0
Other revenue$0$0$0$0$0$0$0$0
Total expenses$323,889$316,463$317,879$354,324$388,947$410,805$406,478$412,666
Program services$273,537$262,093$262,969$295,283$327,309$346,319$340,018$346,005
Management and general$29,233$27,767$29,861$32,282$36,097$36,846$39,812$39,594
Fundraising$21,119$26,603$25,049$26,759$25,541$27,640$26,648$27,067
Payments to affiliates$0$0$0$0$0$0$0$0
Net assets or fund balances at end of year$235,267$236,840$244,470$253,724$248,734$251,813$249,264$241,523
Excess or (deficit) for the year$-3,246$1,573$7,630$9,254$-4,990$3,079$-2,549$-7,741
Net assets or fund balances at beginning of year$238,513$235,267$236,840$244,470$253,724$248,734$251,813$249,264
Other changes in net assets or fund balances$0$0$0$0$0$0$0$0
Statement of Functional Expenses (for 2007)
TotalProgram servicesManagement and generalFundraising
Total functional expenses$412,666$346,005$39,594$27,067
Grants paid from donor advised funds$0
Other grants and allocations$0
Specific assistance to individuals$0
Benefits paid to or for members$0
Compensation of current officers, directors, key employees, etc.$73,166$51,216$10,975$10,975
Compensation of former officers, directors, key employees, etc.$0$0$0$0
Compensation and other distributions, not included above, to disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B)$0$0$0$0
Salaries and wages of employees not included above$26,430$9,250$13,215$3,965
Pension plan contributions not included above$0$0$0$0
Employee benefits not included above$0$0$0$0
Payroll taxes$7,619$4,648$1,829$1,142
Professional fundraising fees$0$0$0$0
Accounting fees$2,400$0$2,400$0
Legal fees$0$0$0$0
Supplies$4,172$0$4,172$0
Telephone$2,717$1,902$408$407
Postage and shipping$1,822$607$608$607
Occupancy$11,631$9,305$2,326$0
Equipment rental and maintenance$0$0$0$0
Printing and publications$2,408$1,916$492$0
Travel$3,125$3,125$0$0
Conferences, conventions, and meetings$0$0$0$0
Interest$0$0$0$0
Depreciation, depletion, etc.$7,742$7,742$0$0
Other expenses not covered above$269,434$256,294$3,169$9,971
Balance Sheets
20002001200220032004200520062007
Total assets$238,715$245,333$249,834$259,111$254,369$257,698$255,364$248,441
Cash - non-interest-bearing$0$0$0$0$0$0$0$0
Savings and temporary cash investments$129,432$137,090$129,779$134,930$130,299$129,257$77,858$77,404
Accounts receivable less allowance for doubtful accounts$0$0$0$0$0$0$0$0
Pledges receivable less allowance for doubtful accounts$0$0$0$0$0$0$0$0
Grants receivable$0$0$0$0$0$0$0$0
Receivables from current and former officers, directors, trustees, and key employees$0$0$0$0$0$0$0$0
Receivables from other disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B)$0$0
Other notes and loans receivable less allowance for doubtful accounts$0$0$0$0$0$0$0$0
Inventories for sale or use$0$0$0$0$0$0$0$0
Prepaid expenses and deferred charges$0$0$700$0$0$0$0$0
Investments - publicly-traded securities$102,910$101,683
Investments - other securities$43,678$40,562$53,257$59,860$62,280$64,270$0$0
Investments - land, buildings, and equipment less accumulated depreciation$65,605$67,681$66,098$0$0$0$0$0
Investments - other$0$0$0$0$0$0$0$0
Land, buildings, and equipment less accumulated depreciation$0$0$0$64,321$61,790$64,171$74,596$69,354
Other assets, including program-related investments$0$0$0$0$0$0$0$0
Total liabilities$3,448$8,493$5,364$5,387$5,635$5,885$6,100$6,918
Accounts payable and accrued expenses$1,448$6,493$1,364$1,387$1,635$1,885$2,100$1,918
Grants payable$0$0$0$0$0$0$0$0
Deferred revenue$2,000$2,000$4,000$4,000$4,000$4,000$4,000$5,000
Loans from officers, directors, trustees, and key employees$0$0$0$0$0$0$0$0
Tax-exempt bond liabilities$0$0$0$0$0$0$0$0
Mortgages and other notes payable$0$0$0$0$0$0$0$0
Other liabilities$0$0$0$0$0$0$0$0
Total liabilities and net assets/fund balances$238,715$245,333$249,834$259,111$254,369$257,698$255,364$248,441
Total net assets or fund balances$235,267$236,840$244,470$253,724$248,734$251,813$249,264$241,523
Reconciliation of Revenue per Audited Financial Statements With Revenue per Return
20002001200220032004200520062007
Total revenue$0$0$0$363,578$383,957$0$0$0
Total revenue, gains, and other support per audited financial statements$0$0$0$363,578$383,957$0$0$0
Other expenses$0$0$0$0$0$0$0$0
Net unrealized gains on investments$0$0$0$0$0$0$0$0
Donated services and use of facilities$0$0$0$0$0$0$0$0
Recoveries of prior year grants$0$0$0$0$0$0$0$0
Other$0$0$0$0$0$0$0$0
Other revenue$0$0$0$0$0$0$0$0
Investment expenses$0$0$0$0$0$0$0$0
Other$0$0$0$0$0$0$0$0
Reconciliation of Expenses per Audited Financial Statements With Expenses per Return
20002001200220032004200520062007
Total expenses$0$0$0$354,324$388,947$0$0$0
Total expenses and losses per audited financial statements$0$0$0$354,324$388,947$0$0$0
Other revenue$0$0$0$0$0$0$0$0
Donated services and use of facilities$0$0$0$0$0$0$0$0
Prior year adjustments$0$0$0$0$0$0$0$0
Losses$0$0$0$0$0$0$0$0
Other$0$0$0$0$0$0$0$0
Other expenses$0$0$0$0$0$0$0$0
Investment expenses$0$0$0$0$0$0$0$0
Other$0$0$0$0$0$0$0$0
Current Officers, Directors, Trustees, and Key Employees
Average hours per week devoted to positionCompensationContributions to employee benefit plans & deferred compensation plansExpense account and other allowances
40$73,166$0$0
Total number of officers, directors, and trustees permitted to vote on organization business at board meetings9
Are any officers, directors, trustees, or key employees listed in Form 990, Part V-A, or highest compensated employees listed in Schedule A, Part I, or highest compensated professional and other independent contractors listed in Schedule A, Part II-A or II-B, related to each other through family or business relationships?No
Do any officers, directors, trustees, or key employees listed in Form 990, Part V-A, or highest compensated employees listed in Schedule A, Part I, or highest compensated professional and other independent contractors listed in Schedule A, Part II-A or II-B, receive compensation from any other organizations, whether tax exempt or taxable, that are related to the organization?No
Does the organization have a written conflict of interest policy?No
Other Information
Did the organization have unrelated business gross income of $1,000 or more during the year covered by this return, and has it filed a tax return on Form 990-T for this year?No
Was there a liquidation, dissolution, termination, or substantial contraction during the year?No
Is the organization related (other than by association with a statewide or nationwide organization) through common membership, governing bodies, trustees, officers, etc., to any other exempt or nonexempt organization?No
Direct and indirect political expenditures$0
Did the organization file Form 1120-POL for this year?No
Were substantially all dues nondeductible by members?
Did the organization make only in-house lobbying expenditures of $2,000 or less?
Dues, assessments, and similar amounts from members$0
Section 162(e) lobbying and political expenditures$0
Aggregate nondeductible amount of section 6033(e)(1)(A) dues notices$0
Taxable amount of lobbying and political expenditures$0
Does the organization elect to pay the section 6033(e) tax on the amount above?
If section 6033(e)(1)(A) dues notices were sent, does the organization agree to add the amount above to its reasonable estimate of dues allocable to nondeductible lobbying and political expenditures for the following tax year?
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities$0
At any time during the year, did the organization, directly or indirectly, own a controlled entity within the meaning of section 512(b)(13)?No
Amount of tax imposed on the organization during the year under: section 4911$0
Amount of tax imposed on the organization during the year under: section 4912$0
Amount of tax imposed on the organization during the year under: section 4955$0
Did the organization engage in any section 4958 excess benefit transaction during the year or did it become aware of an excess benefit transaction from a prior year?No
Amount of tax imposed on the organization managers or disqualified persons during the year under sections 4912, 4955, and 4958$0
Amount of tax above, reimbursed by the organization$0
At any time during the tax year, was the organization a party to a prohibited tax shelter transaction?No
Did the organization acquire a direct or indirect interest in any applicable insurance contract?No
Did the supporting organization, or a fund maintained by a sponsoring organization, have excess business holdings at any time during the year?No
Number of employees employed in the pay period that includes March 12, 20060
Analysis of Income-Producing Activities (for 2007)
Unrelated business incomeExcluded by section 512, 513, or 514Related or exempt function income
Business codeAmountExclusion codeAmount
Total$0$-975$388,765
Program service revenue
Program service revenue 1000000$000$0$388,765
Program service revenue 2000000$000$0$0
Program service revenue 3000000$000$0$0
Program service revenue 4000000$000$0$0
Program service revenue 5000000$000$0$0
Medicare/Medicaid payments000000$000$0$0
Fees and contracts from government agencies000000$000$0$0
Membership dues and assessments000000$000$0$0
Interest on savings and temporary cash investments000000$0Dividends, interest, payments with respect to securities loans, annuities, income from notional principal contracts, loan commitment fees, and other substantially similar income from ordinary and routine investments excluded by section 512(b)(1)$242$0
Dividends and interest from securities000000$0Dividends, interest, payments with respect to securities loans, annuities, income from notional principal contracts, loan commitment fees, and other substantially similar income from ordinary and routine investments excluded by section 512(b)(1)$164$0
Net rental income or (loss) from real estate
debt-financed property000000$000$0$0
not debt-financed property000000$000$0$0
Net rental income or (loss) from personal property000000$000$0$0
Other investment income000000$0Dividends, interest, payments with respect to securities loans, annuities, income from notional principal contracts, loan commitment fees, and other substantially similar income from ordinary and routine investments excluded by section 512(b)(1)$-1,381$0
Gain or (loss) from sales of assets other than inventory000000$000$0$0
Net income or (loss) from special events000000$000$0$0
Gross profit or (loss) from sales of inventory000000$000$0$0
Other revenue000000$000$0$0
Information Regarding Taxable Subsidiaries and Disregarded Entities (for 2007)
EIN of corporation, partnership, or disregarded entityPercentage of ownership interestTotal incomeEnd-of-year assets
0%$0$0
0%$0$0
0%$0$0
0%$0$0
Compensation of the Five Highest Paid Employees Other Than Officers, Directors, and Trustees (for 2007)
CompensationContributions to employee benefit plans & deferred compensationExpense account and other allowances
$0$0$0
$0$0$0
$0$0$0
$0$0$0
$0$0$0
Total number of other employees paid over $50,0000
Statements About Activities (for 2007)
Expenses paid or incurred in connection with the lobbying activities$0
Did the organization receive or hold an easement for conservation purposes, including easements to preserve open space, the environment, historic land areas or historic structures?No
Did the organization provide credit counseling, debt management, credit repair, or debt negotiation services?No
Did the organization maintain any donor advised funds?No
Did the organization make any taxable distributions under section 4966?No
Did the organization make a distribution to a donor, donor advisor, or related person?No
Enter the total number of donor advised funds owned at the end of the tax year$0
Enter the aggregate value of assets held in all donor advised funds owned at the end of the tax year$0
Enter the total number of separate funds or accounts owned at the end of the tax year (excluding donor advised funds included above) where donors have the right to provide advice on the distribution or investment of amounts in such funds or accounts$0
Enter the aggregate value of assets held in all funds or accounts included above at the end of the tax year$0
Reason for Non-Private Foundation Status
The organization is not a private foundation because it isSchool
Support Schedule
19992000200120022003200420052006
Total$0$0$0$0$0$0$0$0
Gifts, grants, and contributions received$0$0$0$0$0$0$0$0
Membership fees received$0$0$0$0$0$0$0$0
Gross receipts from admissions, merchandise sold or services performed, or furnishing of facilities in any activity that is related to the organization's charitable, etc., purpose$0$0$0$0$0$0$0$0
Gross income from interest, dividends, amounts received from payments on securities loans (section 512(a)(5)), rents, royalties, and unrelated business taxable income (less section 511 taxes) from businesses acquired by the organization after June 30, 1975$0$0$0$0$0$0$0$0
Net income from unrelated business activities not included above$0$0$0$0$0$0$0$0
Tax revenues levied for the organization's benefit and either paid to it or expended on its behalf$0$0$0$0$0$0$0$0
The value of services or facilities furnished to the organization by a governmental unit without charge. Do not include the value of services or facilities generally furnished to the public without charge$0$0$0$0$0$0$0$0
Other income$0$0$0$0$0$0$0$0
Lobbying Expenditures by Electing Public Charities (for 2007)
Total exempt purpose expenditures$0
Total lobbying expenditures$0
Total lobbying expenditures to influence public opinion (grassroots lobbying)$0
Total lobbying expenditures to influence a legislative body (direct lobbying)$0
Other exempt purpose expenditures$0
Lobbying nontaxable amount$0
Grassroots nontaxable amount$0
Statements Regarding Other IRS Filings and Tax Compliance (for 2011)
Did the organization have unrelated business gross income of $1,000 or more during the year?No
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities $0
Gross income from members or shareholders$0
Gross income from other sources$0
Statement of Revenue (for 2011)
Total revenue$359,582
Contributions, Gifts, Grants and Other Similar Amounts$30,485
Program Service Revenue$328,235
Other Revenue
Investment income (including dividends, interest, and other similar amounts)$862
Income from investment of tax-exempt bond proceeds$0
Royalties$0
Net rental income$0
Net gain from sales of assets other than inventory$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous Revenue$0
Statement of Functional Expenses (for 2011)
Total functional expenses$370,115
Compensation of current officers, directors, trustees, and key employees$0
Other salaries and wages$92,474
Payroll taxes$7,074
Professional fundraising services$0
Other$270,567
Balance Sheet (for 2011)
Total assets$236,190
Total liabilities$4,499
Tax-exempt bond liabilities$0
Secured mortgages and notes payable to unrelated third parties$0
Unsecured notes and loans payable to unrelated third parties$0
Other$4,499
Total net assets or fund balances$231,691
Retained earnings, endowment, accumulated income, or other funds$231,691
Reason for Public Charity Status (for 2011)
The organization is not a private foundation because it is:A school described in section 170(b)(1)(A)(ii)
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Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1The Colburn School200 S Grand Ave, Los Angeles, CA 90012-3007CA1981-03$138,759,018
2Curtis Institute Of Music1718 Locust St, Philadelphia, PA 19103-6107PA1924-10$85,178,113
3Music Associates Of Aspen Inc, Aspen Music Festival And School225 Music School Rd, Aspen, CO 81611CO1955-03$38,100,486
4Academy Of Vocal Arts1920 Spruce St, Philadelphia, PA 19103-6613PA1938-05$20,000,655
5School Of American Ballet Inc70 Lincoln Center Plz Frnt 5, New York, NY 10023-6548NY1942-02$16,634,529
6Settlement Music School Of Philadelphia416 Queen St, Philadelphia, PA 19147-3021PA1932-10$11,457,026
7Harid Conservatory Of Music Inc2285 Potomac Rd, Boca Raton, FL 33431-5518FL1988-03$7,721,774
8South Shore Conservatory Of Music Inc1 Conservatory Dr, Hingham, MA 02043-2647MA1971-09$3,490,173
9Marlboro School Of Music Inc1528 Walnut St Ste 301, Philadelphia, PA 19102-3602PA1990-11$3,221,512
10Kneisel HallPO BOX 648, Blue Hill, ME 04614-0648ME1974-04$754,409
11Zenon Dance Company And School Inc528 Hennepin Ave Ste 400, Minneapolis, MN 55403-1810MN1980-09$664,601
12Westport School Of Music Inc18 Woods Grove Rd, Westport, CT 06880-2426CT1959-12$370,606
13Bethwood Suzuki School Inc131 Bradley Rd, Woodbridge, CT 06525-2376CT1991-03$300,616
14Community Music Center3350 Se Francis St, Portland, OR 97202-3066OR1966-11$225,751
15Neighborhood Music School Inc100 Audubon St, New Haven, CT 06510-1206CT1950-02$4,535,823
16Nutmeg Conservatory For The Arts58 Main St, Torrington, CT 06790-5303CT1975-02$1,775,468
17Community Music School IncPO BOX 387, Centerbrook, CT 06409-0387CT1984-12$645,492
18Hartford School Of Music Incorporated, Hartford Conservatory846 Asylum Ave, Hartford, CT 06105CT1947-07$581,612
19Ballet School Of Stamford175 Atlantic St, Stamford, CT 06901-3502CT1999-02$402,700
20Crystal Theatre Inc12 June Ave, Norwalk, CT 06850-2534CT1993-12$392,617
Number of organizations performing similar types of work
Alaska1
Arizona2
California39
Colorado1
Connecticut10
District of Columbia5
Delaware2
Florida2
Georgia3
Hawaii3
Iowa1
Idaho1
Illinois10
Indiana1
Kentucky2
Massachusetts21
Maryland5
Maine7
Michigan6
Minnesota7
Missouri2
Montana1
North Carolina5
North Dakota1
Nebraska2
New Hampshire4
New Jersey12
New Mexico2
Nevada1
New York53
Ohio2
Oklahoma2
Oregon3
Pennsylvania17
Rhode Island1
Tennessee3
Texas10
Utah1
Virginia8
Vermont5
Washington11
Wisconsin6
Wyoming1
International2
Total284

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