EIN 23-2788513

NBS Classical Music Institute

IRS 501(c) type
501(c)(3)
Num. employees
0
Year formed
1994
Most recent tax filings
2023-12-01
NTEE code, primary
Description
NBS Classical Music Institute supports gifted and hardworking students through a merit-based scholarship program. It provides instruction in individual instruments, chamber ensembles, and small orchestra. Moreover, it presents high-level classical concerts, masterclasses and public concert recitals of scholarship awardees. 92 individual scholarships were awarded based on talent, willingness to take two lessons per week, adhere to a suitable practice schedule, and have the need for such support. Scholarships are available primarily to children from 5 to 17 years of age but also to some adults.
Total revenues
$49,539
2023
Total expenses
$107,420
2023
Total assets
$579,107
2023
Num. employees
0
2023

Program areas at NBS Classical Music Institute

92 individual scholarship awards were made for taking advanced music training. Awards were made on the basis of talent, a willingness to take two lessons per week, adhere to a suitable practice schedule, and have the need for such support. Scholarships are awarded by a committee of judges formed from the grantee organization.

Who funds NBS Classical Music Institute

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
AmazonSmile FoundationGeneral Support$389

Personnel at NBS Classical Music Institute

NameTitleCompensation
Elena BermanPresident$0
David LefkovitzAdministrator$5,500
Janene MontlouisSecretary$0
Ella VuernickPast Treasurer$0

Financials for NBS Classical Music Institute

RevenuesFYE 12/2023
Total grants, contributions, etc.$20,400
Program services$0
Investment income and dividends$24,183
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$1,328
Net income from fundraising events$3,628
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$49,539

Form 990s for NBS Classical Music Institute

Fiscal year endingDate received by IRSFormPDF link
2023-122024-05-23990View PDF
2020-122021-11-06990View PDF
2019-122021-02-22990View PDF
2018-122019-08-07990View PDF
2017-122018-08-13990View PDF
...and 8 more Form 990s
Data update history
April 1, 2023
Posted financials
Added Form 990N for fiscal year 2022
December 1, 2022
Posted financials
Added Form 990N for fiscal year 2021
August 16, 2022
Posted financials
Added Form 990 for fiscal year 2020
August 4, 2022
Updated personnel
Identified 3 new personnel
August 22, 2021
Posted financials
Added Form 990 for fiscal year 2019
Nonprofit Types
Arts, culture, and humanities nonprofitsPerforming arts organizationsPerforming arts centersMusical groupsCharities
Issues
EducationArts, cultural, and humanities
Characteristics
Provides grantsFundraising eventsAuction fundraisersTax deductible donationsNo full-time employeesAccepts online donations
General information
Address
461 W Lancaster Ave
Haverford, PA 19041
Metro area
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD
County
Montgomery County, PA
Website URL
nbsmusic.com/nbs-classical-music-institute/ 
Phone
(610) 304-1198
IRS details
EIN
23-2788513
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1994
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
A68: Music
NAICS code, primary
711130: Musical Groups and Artists
Parent/child status
Independent
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