Small Public Charity

IPSWICH MUSIC ART & DRAMA ASSOCIATION INC

IPSWICH MUSIC ART & DRAMA ASSOCIATION INC is a nonprofit organization categorized as Small Public Charity based in IPSWICH, MA. Its most recent IRS filing (2025) reports revenue of $72K, expenses of $74K, total assets of $43K.

EIN: 010866019 IPSWICH, MA Arts, Culture & Humanities N.E.C. NTEE: A99 Latest filing: 2025
Total Revenue$72K
Total Expenses$74K
Total Assets$43K
Grant Records0
Filing Years2021–2025

Mission

TO ADVOCATE FOR THE FINE ARTS AS AN INTEGRAL PART OF EDUCATION, ENHANCE PERFORMING AND VISUAL ARTS EDUCATIONAL EXPERIENCES, AND HELP ENSURE THAT ALL STUDENTS HAVE ACCESS TO THE HIGHEST QUALITY ARTS EDUCATION.

Where $100 goes at Ipswich Music Art & Drama Association Inc

How Ipswich Music Art & Drama Association Inc divides every $100 it spends, from its own Form 990-EZ filings, averaged across 6 years.

$90 Programs the work itself
$10 Everything else operations and overhead

Form 990-EZ reports program spending but doesn't separate management from fundraising, so those are shown together.

Inside the $90 for programs

$45
Awarded 7 scholarships to Ipswich high school students and 39 summer study grants to Ipswich middle and high school students
50% of program spending · Reported in the filing: 39 grants
$38
To produce three shows at the Ipswich middle and high schools to promote the local music and theater programs
43% of program spending
$7
Awarded grants to Ipswich, ma public schools' department of fine arts and provided support to the school system
7% of program spending
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Source: Form 990-EZ filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

DIRECTOR Briana Tsoupas
CLERK & DIRECTOR Claire Powers
TREASURER & DIRECTOR Earl Powers
DIRECTOR Kelly Barrett
DIRECTOR Kelly Whitmore
DIRECTOR Lori Brock

Officer compensation and complete director data available with membership.

Financial Trends

Year Revenue Expenses Assets
2025 $72K $74K $43K
2024 $49K $41K $45K
2023 $25K $31K $37K
2022 $28K $30K $43K
2021 $21K $28K $45K

Between 2021 and 2025, reported annual revenue grew from $21K to $72K (+241%), with total assets most recently reported at $43K.

Interactive year-over-year charts and full filing details available with membership.

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