2023-05-12T14:39:12-04:00 2022-12-31 990EZ 2022-01-01 825413428 The Music Coop MUSI 5924707844 180 George St Suite 102 Excelsior MN 553311781 Patricia Benson Financial Adminstrator and Bd Pres 2023-05-12 2022 2023-04-26 12:10:37Z X X www.musiccoopmn.org X X 175288 X 14198 158806 19 1972 1422 550 293 173866 3254 9411 114155 30891 13992 171703 2163 27771 51 29985 X 28340 24742 0 0 4887 5861 33227 30603 5456 618 27771 29985 Provide music lessons at an affordable at or below market rate and education to children and adults offering additional scholarship discounts to those in need. Individual and group music lessons at an affordable at or below market rate instruction and education. We provide between 100 -150 lessons per week. Expense is contractor instructor payments. 0 109232 Provide performance opportunities and live music for students and community members Typical attendance is about 100 people These events are free to the public and also serve as a fundraising opportunity with donations accepted Event expenses include city permits advertising food and decorating supplies 0 1479 Provide music instruments and supplies at a sliding scale cost or for free 0 3253 113964 Christopher Fahey Executive Director 20 8514 0 0 Cooper Alt Managing Director 10 0 0 0 Patti Benson President of the Board of Dir and Financial Administrator 1 2424 0 0 Louwenda Kachingwe Vice President of Board of Dir 1 0 0 0 Shannon Fahey Secretary of Board 1 0 0 0 Nicollette Andree Member Board of Directors 1 0 0 0 Jenn Whigham Director of Communications 1 0 0 0 Anthony Afful Member Board of Directors 1 0 0 0 false false false false false false false false false MN Excelsior Bay Finance LLC 1440 KNOB HILL LN EXCELSIOR MN 55331 6127502916 false false false false false false false false false false false NONE NONE true X 7749 8262 12023 10203 14198 52435 7749 8262 12023 10203 14198 52435 0 52435 0 0 0 0 18 18 0 0 0 0 0 0 5467 8426 3029 3317 2265 22504 74957 648756 X Part II - Line 10 | Year:, Amount:, Description:| 2018, 5467, gross sales of inventory less returns and allowances| 2019, 8426gross sales of inventory less returns and allowances| 2020, 3029$2635 gross sales of inventory less returns and allow; $394 rep gift cd rentals| 2021, 33173,125 gross sales of inventory less returns and allow; $63 repairs shipp $130 room rental fees| 2022, 22651,972 gross sales of inventory less returns and allow; $293 repairs rental logo merch| Part I, line 8 | Other Revenues:, Amount:| Logo merch sales, $38| Room rental, $161| Instrument repair, $94| Part I, line 10 | Grants And Similar Amounts Paid:, Amount:| Scholarship allowance on music lessons, $3226| Scholarship allowance on music supplies, $28| Part I, line 16 | Other Expenses:, Amount:| Supplies equipment: teaching supplies studio snacks maintenance supplies, $2244| Credit card processing fees bank fees: card fees $4047 bank fees and tax filing $192, $4239| Taxes and insurance, $2631| Fundraising expenses, $1479| Subscription services: email acctg website mktg, $3399| Part I, line 20 | Explanation:, Amount:| Reconciliation adj, $51| Part II, line 24 | Explanation:, BOYAmount:, EOYAmount:| cost value of stocked inventory for sale, $4671, $5461| pending deposit, $216, $0| fixtures, $0, $400| Part II, line 26 | Explanation:, BOYAmount:, EOYAmount:| uncashed checks, $4729, $0| credit card balance, $38, $11| fed income tax payable FICA, $544, $0| MN income tax payable, $0, $147| MN sales tax payable, $145, $33| FICA tax payable, $0, $427|