2024-05-07T19:01:33-04:00 2023-12-31 990 2023-01-01 825413428 The Music Coop % Patricia Benson MUSI 9524707844 180 George St Excelsior MN 553311781 Patricia Benson Board President 2024-05-07 Patricia Benson XXX-XX-XXXX 2023 2023-04-26 12:10:37Z Patricia Benson 1440 Knob Hill Lane Excelsior MN 55331 224612 false X www.musiccoopmn.org X 2018 MN Provide private music lessons at an affordable or below market rate and education to children and adults offering additional scholarship discounts to those in need. 6 4 4 4 0 0 14198 13724 158806 208453 19 0 843 1166 173866 223343 3254 7598 0 0 123566 15937 0 0 1960 44883 189997 171703 213532 2163 9811 30603 40784 618 991 29985 39793 Provide private music lessons at an affordable or below market rate and education to children and adults offering additional scholarship discounts to those in need. false false 150591 7598 208453 Individual and group music lessons at an affordable or below market rate instruction and education. We provide between 100 -150 lessons per week. Expense is contractor instructor payments. 0 0 2206 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. 0 0 493 Provide music instruments and supplies at a sliding scale cost or for free 8020 0 0 158611 true false false false false false false false false false false false false false true false false false false false false false false false false false false false true false false false false false false false false false false false false false false false false false false true 7 0 true 4 false false false false false false false false 0 false false false false false X 6 4 true false false false false true false true true true false true false false false true true false MN X Excelsior Bay Finance LLC 6127502916 1440 Knob Hill Lane Excelsior MN 55331 Christopher Fahey Executive Director 20.00 0.00 X 45964 0 0 Cooper Alt Managing Director 1.00 0.00 X 46644 0 0 Patricia Benson Board President Bookkeeper 1.00 0.00 X 3385 0 0 Shannon Fahey Director Secretary 1.00 0.00 X 0 0 0 Nicolette Andree Director 1.00 0.00 X 0 0 0 Adrian Cox-Thurmond Director 1.00 0.00 X 17574 0 0 Emma Shukle Director 1.00 0.00 X 31031 0 0 Louwenda Kachingwe Director 1.00 0.00 X 0 0 0 144598 0 0 0 false false false 0 0 2206 0 0 11518 0 13724 teaching music lessons 208453 208453 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 208453 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 2206 0 0 0 0 0 0 0 0 0 0 1762 1269 493 493 0 0 music studio rent instrument repairs logo products sales 302 302 0 0 credit card rewards 371 371 0 0 0 0 0 0 0 0 0 0 673 223343 209619 0 0 0 0 7598 7598 0 0 0 0 14785 0 14785 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1152 0 1152 0 0 0 0 0 0 0 0 0 2782 0 2782 0 0 0 0 0 0 0 0 0 0 0 142993 142993 0 0 1960 0 0 1960 3056 2796 260 0 0 0 0 0 0 0 0 0 32000 0 32000 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1982 0 1982 0 credit card processing and bank fees 5224 5224 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 213532 158611 52961 1960 0 0 0 0 24742 33326 0 0 0 0 0 0 0 0 0 0 0 0 5461 7058 0 0 0 0 0 0 0 0 0 0 0 0 0 0 400 400 30603 40784 0 135 0 0 0 0 0 0 0 0 0 0 0 0 0 0 618 856 618 991 X 0 0 0 0 29985 39793 29985 39793 30603 40784 9811 0 0 0 -3 0 X false false false X 8262 12023 10203 14198 13724 58410 0 0 0 0 0 0 0 0 0 0 0 0 8262 12023 10203 14198 13724 58410 5144 53266 0 0 0 18 0 18 0 0 0 0 0 0 8426 3029 3317 2265 2064 19101 77529 814147 0.6870 0.7200 X Part II - Line 10 | Year:, Amount:, Description:| 2019, 8426, gross sales of inventory less returns and allowances| 2020, 3029$2,635 gross sales of inventory less returns and allowances; $394 repairs and gift card rentals| 2021, 3317$3,125 gross sales of inventory less returns and allowances; $63 repairs and shipping $130 room rental fees| 2022, 2265$1,972 gross sales of inventory less returns and allowances; $293 repairs and rentals| 2023, 2064$1,762 gross sales of inventory less returns and allowances; $302 repairs and rentals| Part II Line 10 2022 gross sales of inventory less returns and allowances 603 State income taxes 150 State sales taxes 33 Donated gift card for complimentary lessons 70 856 false Lesson discounts 9 7598 0 FMV 0 0 0 0 0 0 0 0 0 0 0 0 0 Part I Line 2 The music coop has an informal application process for students to apply for a lesson scholarship discount sliding fee or free lesson. Part III Line 0 Column (b) Music Coop tracks individual student names receiving scholarship discounts for part or all of lesson rate value. Part VI, Line 2 Excecutive Director of the Music Coop Christopher Fahey is a sibling of Board member and secretary Shannon Fahey. Part VI, Line 7a the board of directors Part VI, Line 11b Tax return is reviewed by the board of directors and signed by the Board President Part VI, Line 15 Executive Director salary was approved by the board of directors. Process involved research by board president and secretary for comparable job description roles and salary for a music nonprofit director or manager. All board members review the comps and pay proposal as well as fiscal year budget then vote on salary proposal. Majority vote carries. Managing Director salary was also proposed by management and approved by the board. Part VI, Line 19 Music Coop website includes a statement that financials and governing documents are available upon request. Part IX, Line 11g Contract teacher fees: program service expenses $142,993 management and general expenses $0 fundraising expenses $0 Total Expensses $142.993 Part III, Line 4d | Description:, Expense Amount:, Grants Amount:, Revenue Amount:| credit card processing fees bank fees, $5224, $0, $0| office expenses supplies software subscriptions, $2796, $0, $0| Part VI, line 9 | Name of the person:, Address of the person:| Nikki Andree, 2408 Casco Pt Rd, Wayzata, MN, 55391| Louwenda Kachingwe, 3340 South DuPont Ave, Minneapolis, , , 55408| Part X Line 15 | Explanation:| Other assets = $400 fixtures Part X Line 25 | Explanation:| Other liabilities = $856 fica mn income tax mn sales tax payable donated gift certiificate