Common Fence Music Company
- Assets
- $16.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Newport, RI
- Founding
- 03/2003
- Data as of
- 07/2023
- EIN
- 05-0492827
Organization Overview
Common Fence Music Company is located in Newport, RI. The organization was established in 2003. According to its NTEE Classification (A65) the organization is classified as: Theater, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Common Fence Music Company is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 07/2023, Common Fence Music Company generated $75.6k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 0.7% each year. All expenses for the organization totaled $107.3k during the year ending 07/2023. While expenses have increased by 7.7% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
PRESENTED CONCERT SERIES AT VARIOUS LOCATIONS THROUGHOUT RHODE ISLAND
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Norman Frederick Best President/tr | 3 | $0 | |
Jack Van Leer Director | 0.25 | $0 | |
Steve Sitrin Director | 0.25 | $0 | |
Mark Stickney Director | 0.25 | $0 | |
Tom Wright Director | 0.25 | $0 | |
Paul Murray Director | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $16,938 |
| Total Program Service Revenue | $58,626 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $75,564 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $36,000 |
| Professional fees and other payments to independent contractors | $380 |
| Occupancy, rent, utilities, and maintenance | $1,275 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $69,609 |
| Total expenses | $107,264 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $16,699 |
| Other assets | $0 |
| Total assets | $16,699 |
| Total liabilities | $0 |
| Net assets or fund balances | $16,699 |