2026-04-11T21:24:56-05:00 2025-09-30 881478669 CBIZ ADVISORS LLC 53 STATE STREET 17TH FLOOR BOSTON MA 02109 990 2024-10-01 043081057 INSPIRE ARTS AND MUSIC INC INSP 6172684600 PO BOX 51391 BOSTON MA 02205 DAVID LAFOND CHAIR OF AUDIT & FINANCE COMMITTEE 6172684600 2026-03-10 1 1 DOUGLAS FARRINGTON P00370668 6178075000 2026-03-10 2024 2025-03-06 01:10:19Z DAVID LAFOND PO BOX 51391 BOSTON MA 02205 5252781 0 X WWW.INSPIREARTS.ORG X 1990 MA YOUTH ACTIVITY-MUSIC EDUCATION AND PERFORMANCE OPPORTUNITIES FOR CHILDREN & YOUNG ADULTS AGE 6-21. 43 43 27 50 0 0 1888948 1497700 2683834 3002176 9912 -23182 325645 423735 4908339 4900429 0 0 0 0 1388864 1295004 0 0 35810 3420122 3647795 4808986 4942799 99353 -42370 3327308 3246525 2036678 1998265 1290630 1248260 YOUTH ACTIVITY-PROVIDING MUSIC EDUCATION, TRAVEL, AND PERFORMANCE OPPORTUNITIES FOR APPROXIMATELY 18,500 TEENAGERS AND YOUNG ADULTS. 0 0 3300270 2246565 DRUM & BUGLE CORPS: THE BOSTON CRUSADERS DRUM & BUGLE CORPS IS THE THIRD-OLDEST JUNIOR DRUM AND BUGLE CORPS IN THE NATION AND IS A FOUNDING MEMBER OF DRUM CORPS INTERNATIONAL. THE CORPS, COMPOSED ENTIRELY OF BRASS PLAYERS, PERCUSSIONISTS AND COLOR GUARD MEMBERS UNDER THE AGE OF 22, TRAVELS OVER 10,000 MILES EACH SUMMER, PERFORMING IN MORE THAN 40 COMPETITIONS AND EXHIBITIONS BEFORE A COMBINED AUDIENCE OF OVER 300,000 FANS. THE BOSTON CRUSADERS' MISSION IS TO PROVIDE ITS MEMBERS AN OPPORTUNITY TO REACH THEIR HIGHEST POTENTIAL--AS BOTH A PERSON AND AN ARTIST. THE BOSTON CRUSADERS PROVIDE A HEALTHY BALANCE BETWEEN EDUCATION AND COMPETITION AND SEEK TO CONSTANTLY CHALLENGE MEMBERS TO THROUGH A DYNAMIC AND UNIQUE COMBINATION OF ARTISTIC ATHLETIC AND LIFE GOALS. 969550 1133253 MUSIC FESTIVALS: GREAT EAST MUSIC FESTIVAL AND FANTASTIC FESTIVALS EXPERIENCE PROVIDES A FORMATIVE EVALUATION FOR PERFORMANCES AS WELL AS A COMPREHENSIVE CLINIC THAT SUPPORTS MIDDLE SCHOOLS MUSIC PROGRAMS EDUCATIONAL GOALS AND OBJECTIVES. THE FESTIVALS ARE NON-COMPETITIVE ELEMENTARY, MIDDLE AND HIGH SCHOOL MUSIC FESTIVALS FOR CONCERT BAND, WIND ENSEMBLES, ORCHESTRA, CONCERT, SELECT AND SHOW CHOIR, JAZZ BAND AND SMALL ENSEMBLES. OUR PROGRAM REACHES MORE THAN 18,000 STUDENTS. 210963 OTHER PROGRAMS: INCLUDES HYDE INNER CITY PERCUSSION LESSONS - A FREE PROGRAM FOR INNER CITY YOUTH OF HYDE PARK, AS WELL AS THE DENNEY CENTER PERCUSSION PROGRAM AT THE DORCHESTER BOYS & GIRLS CLUB AND VARIOUS OTHER PROGRAMS. 4480783 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 1 1 0 0 0 0 1 0 0 0 1 141 0 1 27 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 43 43 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 MA X THE ORGANIZATION 6172684600 PO BOX 51391 BOSTON MA 02205 MARTIN MCGEE PRESIDENT, EXECUTIVE COMMITTEE 2.83 X X 0 0 0 KIM MITCHELL-POTTER VICE PRESIDENT, EXECUTIVE COMMITTEE 12.27 X X 0 0 0 DAVID SIMON TREASURER, EXECUTIVE COMMITTEE 5.77 X X 0 0 0 JEFF BAJGOT SECRETARY, EXECUTIVE COMMITTEE 3.85 X X 0 0 0 JEFF BICKFORD DIRECTOR 0.38 X 0 0 0 SHIGE BROWN DIRECTOR 0.92 X 0 0 0 JOHN CAMPESE DIRECTOR 0.31 X 0 0 0 GRETCHEN CHAMBERLAIN DIRECTOR 0.77 X 0 0 0 JULIA CICHOWSKI DIRECTOR 0.73 X 0 0 0 JIM CRONIN DIRECTOR, EXECUTIVE COMMITTEE 0.79 X 0 0 0 KAREN DILLARD DIRECTOR 1.29 X 0 0 0 JENNIFER GOLD DIRECTOR, EXECUTIVE COMMITTEE 12.50 X 0 0 0 MELISSA GREER DIRECTOR, EXECUTIVE COMMITTEE 1.08 X 0 0 0 ANIL GUPTA DIRECTOR 0.49 X 0 0 0 ROB HARDY DIRECTOR 17.81 X 0 0 0 KELLY HART DIRECTOR 2.38 X 0 0 0 DAVE HEALEY DIRECTOR 0.42 X 0 0 0 CHARLIE JACCO DIRECTOR, EXECUTIVE COMMITTEE 1.92 X 0 0 0 MIKE KELLEY DIRECTOR 4.62 X 0 0 0 NICK KLESARIS DIRECTOR 0.54 X 0 0 0 DAVE LAFOND DIRECTOR 4.15 1.00 X 0 0 0 JAMES LAZARO DIRECTOR 0.27 X 0 0 0 CHRIS MADAIO DIRECTOR, EXECUTIVE COMMITTEE 2.12 1.00 X 0 0 0 JOSH MALATE DIRECTOR 0.62 X 0 0 0 BRENT MCDONALD DIRECTOR 1.72 X 0 0 0 ROB MCGILL DIRECTOR 1.44 X 0 0 0 JIM O'NEIL DIRECTOR 1.32 X 0 0 0 DENISE PURVIS DIRECTOR 0.27 X 0 0 0 JON RANDALL DIRECTOR 2.75 X 0 0 0 DAVE REYNOLDS DIRECTOR 2.88 X 0 0 0 CHUCK ROSSI DIRECTOR, EXECUTIVE COMMITTEE 2.40 X 0 0 0 NICK RUTHMANN DIRECTOR 0.23 X 0 0 0 JACK SHALLOW DIRECTOR 2.12 X 0 0 0 JOHN SHEA DIRECTOR 2.00 X 0 0 0 LISA SILIPIGNO DIRECTOR 0.19 X 0 0 0 GREG SMALL DIRECTOR 0.40 X 0 0 0 MIKE STEVENS DIRECTOR, EXECUTIVE COMMITTEE 1.03 X 0 0 0 DAVID SURFACE DIRECTOR 0.38 X 0 0 0 PAUL WARD DIRECTOR 4.27 X 0 0 0 MARSHA WHITMAN DIRECTOR, EXECUTIVE COMMITTEE 1.40 X 0 0 0 KRISTEN WILSON DIRECTOR 0.38 X 0 0 0 MICHAEL WOODALL DIRECTOR, EXECUTIVE COMMITTEE 3.12 X 0 0 0 DOLORES ZAPPALA DIRECTOR 1.62 X 0 0 0 CHRIS HOLLAND CEO AND EXECUTIVE DIRECTOR 50.00 X 180179 0 35495 DONNA MONTEMAGNO CHIEF FINANCIAL OFFICER 50.00 X 112580 0 11196 292759 0 46691 2 0 1 0 NAPAWAY BUS 180 L ST NE WASHINGTON DC 20002 TRANSPORTATION 203500 FLORIDA TOURS 515 N FLAGLER DRIVE SUITE 350 WEST PALM BEACH FL 33401 TRANSPORTATION 197019 KEVIN'S WORLDWIDE 710 CAPOUSE AVE SCRANTON PA 18509 SUPPLY/SERVICES 148279 3 38368 48600 1410732 468841 1497700 MEMBERSHIP DUES 711190 1354700 1354700 GREAT EAST FESTIVAL 711190 787649 787649 DRUM AND BUGLE CORPS 711190 514223 514223 FANTASTIC FESTIVAL 711190 345604 345604 3002176 68 68 99250 87650 11600 11600 11600 23250 -23250 -23250 -23250 19043 38368 7065 11978 11978 12460 0 12460 12460 612029 234387 377642 377642 MISCELLANEOUS REVENUE 900099 10055 10055 10055 4900429 3379818 0 22911 363303 254310 76645 32348 760708 687157 73551 15851 1976 13875 72184 9422 62762 82958 28945 54013 39276 39276 429864 390248 39616 138 138 50428 40546 9882 30952 25399 5553 26609 9223 17386 1258876 1258279 597 5946 5946 67133 38876 28257 250618 250618 88003 83703 3000 1300 PRODUCTION AND TOUR FAC 763714 762456 1258 EQUIPMENT EXPENSES 310057 310057 FOOD 233884 233604 280 FEES AND SERVICE CHARGE 92297 89880 255 2162 4942799 4480783 426206 35810 90716 152133 126280 125518 89919 116000 94011 15200 405 0 123113 51599 1165 36022 3348737 986946 2353340 2361791 405209 327710 43150 60552 3327308 3246525 358072 330983 8003 15071 1485867 1500989 184736 151222 2036678 1998265 X 1290630 1248260 1290630 1248260 3327308 3246525 -42370 0 X X 0 1 X 1 0 X 2432480 3339048 2418052 1888948 1497700 11576228 619258 1316864 1989854 3155014 3614205 10695195 3051738 4655912 4407906 5043962 5111905 22271423 164512 167197 240577 334265 430713 1337264 0 164512 167197 240577 334265 430713 1337264 20934159 60000 60027 60109 96176 99318 375630 15422 14395 22807 52624 75422 74422 82916 96176 99318 428254 4296 29431 47958 48073 24438 154196 10565 6832 17266 10055 44718 3131456 4770330 4545612 5205477 5245716 22898591 0.91420 0.91160 0.01870 0.02150 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: OTHER REVENUE - 2021 AMOUNT: $ 10,565. 2022 AMOUNT: $ 6,832. 2023 AMOUNT: $ 17,266. 2024 AMOUNT: $ 10,055. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 902266 220094 682172 873887 387786 486101 1572584 379066 1193518 2361791 LOAN FROM RELATED PARTY 151222 151222 X 4900429 0 4900429 0 4900429 4942799 0 4942799 0 4942799 PART X, LINE 2: THE ORGANIZATION HAS BEEN RECOGNIZED BY THE INTERNAL REVENUE SERVICE (IRS) AS EXEMPT FROM FEDERAL INCOME TAXES UNDER INTERNAL REVENUE CODE (IRC) SECTION 501(A) AS AN ORGANIZATION DESCRIBED IN IRC SECTION 501(C)(3), QUALIFIES FOR CHARITABLE CONTRIBUTION DEDUCTIONS, AND HAS BEEN DETERMINED NOT TO BE A PRIVATE FOUNDATION. THE ORGANIZATION IS ANNUALLY REQUIRED TO FILE A RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX (FORM 990) WITH THE IRS. IN ADDITION, THE ORGANIZATION IS SUBJECT TO INCOME TAX ON NET INCOME THAT IS DERIVED FROM BUSINESS ACTIVITIES THAT ARE UNRELATED TO ITS EXEMPT PURPOSE. THE ORGANIZATION ACCOUNTS FOR UNCERTAIN TAX PROVISIONS UNDER FASB ASC 740, INCOME TAXES, WHICH PROVIDES A FRAMEWORK FOR HOW ENTITIES SHOULD RECOGNIZE, MEASURE, PRESENT, AND DISCLOSE UNCERTAIN TAX POSITIONS IN THEIR FINANCIAL STATEMENTS. THE ORGANIZATION MAY RECOGNIZE THE TAX BENEFIT FROM AN UNCERTAIN TAX POSITION ONLY IF IT IS MORE LIKELY THAN NOT THAT THE TAX POSITION WILL BE SUSTAINED ON EXAMINATION BY THE TAXING AUTHORITIES, BASED ON THE TECHNICAL MERITS OF THE POSITION. MANAGEMENT HAS REVIEWED THE ORGANIZATION'S REPORTING AND BELIEVES THEY HAVE NOT TAKEN TAX POSITIONS THAT ARE MORE LIKELY THAN NOT TO BE DETERMINED TO BE INCORRECT BY THE IRS AND, THEREFORE, NO ADJUSTMENTS OR DISCLOSURES ARE REQUIRED. THE ORGANIZATION IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS PENDING OR IN PROGRESS. GOLF TOURNAMENT 57411 38368 19043 1279 377 5409 57411 38368 19043 1279 377 5409 7065 11978 X 0 0 0 0 0 0 0 1 0 CHRIS HOLLAND CEO AND EXECUTIVE DIRECTOR 165179 0 15000 0 0 0 6307 0 29188 0 215674 0 0 0 PART I, LINE 7 CHRIS HOLLAND, CEO, AND DONNA MONTEMAGNO, CFO, RECEIVED DISCRETIONARY BONUSES THAT WERE APPROVED BY THE COMPENSATION COMMITTEE. MICHAEL WOODALL BOARD MEMBER AND OWNER OF FLEETWOOD 5170 IN FISCAL YEAR 2016, THE ORGANIZATION ENTERED INTO AN AGREEMENT WITH FLEETWOOD SOUNDS, LLC (FLEETWOOD), WHICH IS OWNED BY A BOARD MEMBER. THE AGREEMENT STATES THAT THE ORGANIZATION WILL BE THE EXCLUSIVE DEALER OF ALL FLEETWOOD PRODUCTS AND WILL MANAGE ITS DAY-TO-DAY OPERATIONS BY HOSTING FLEETWOOD'S BUSINESS OPERATIONS, PERFORMING FINANCIAL ACCOUNTING, MARKETING, WEB AND ONLINE PRESENCE. ALL PHYSICAL AND INTELLECTUAL PROPERTIES OF FLEETWOOD WILL BE MANAGED BY, AND ALL REVENUES AND EXPENSES WILL BE REALIZED BY, THE ORGANIZATION. EITHER PARTY MAY TERMINATE THE AGREEMENT BY GIVING 90 DAYS WRITTEN NOTICE. 0 X 2 17500 VALUE ON DATE RECEIVED X INSTRUMENTS, UNIFORMS AND ACCESSORIES 6 397371 COST X FUEL 1 48255 COST X PRODUCTION ACCESSORIES 1 5715 COST 0 0 1 0 FORM 990, PART VI, SECTION A, LINE 2 INSPIRE ARTS & MUSIC INVESTMENT CLUB (IAMIC) IS ORGANIZED AS A GENERAL PARTNERSHIP DOMICILED IN THE STATE OF NEW HAMPSHIRE. IT OPERATES UNDER ITS OWN BY-LAWS AND A MAJORITY OF ITS PARTNERS ALSO SIT ON THE BOARD OF TRUSTEES OF THE ORGANIZATION. THE PRIMARY PURPOSE OF IAMIC IS TO GENERATE CAPITAL FUNDING FOR THE ORGANIZATION THROUGH INVESTMENTS IN THE FORM OF PROMISSORY NOTES WITH THE ORGANIZATION. AT YEAR END, $184,736 WAS OWED TO IAMIC. FORM 990, PART VI, SECTION A, LINE 2 CHRIS STEVENS AND MICHAEL STEVENS HAVE A FAMILY RELATIONSHIP. FORM 990, PART VI, SECTION B, LINE 11B THE 990 IS REVIEWED BY THE BOARD PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION MAINTAINS A CONFLICT OF INTEREST POLICY WHICH IS REVIEWED AT THE ANNUAL BOARD MEETING. FORM 990, PART VI, SECTION B, LINE 15 ANNUAL REVIEW OF EXECUTIVE DIRECTOR COMPENSATION-WHO IS THE ONLY KEY EMPLOYEE AND PAID MEMBER OF TOP MANAGEMENT. FORM 990, PART VI, SECTION C, LINE 19 INFORMATION IS AVAILABLE UPON REQUEST. FORM 990, PART XII, LINE 2C: THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. INSPIRE ARTS & MUSIC INVESTMENT CLUB 241 WALLACE ROAD BEDFORD NH 03110 810951988 GENERATE CAPITAL FUNDING FOR IAM NH N/A 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 INSPIRE ARTS & MUSIC INVESTMENT CLUB E 151222 ACTUAL