Music And Dance Foundation Inc
- Assets
- $3.1m
- Revenue
- $4.7k
- Investments
- $3.0m
- Employees
- 0
- Location
- Florham Park, NJ
- Founding
- 02/1991
- Data as of
- 06/2024
- EIN
- 13-3574289
Organization Overview
Music And Dance Foundation Inc is located in Florham Park, NJ. The organization was established in 1991. According to its NTEE Classification (A62) the organization is classified as: Dance, 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. Music And Dance Foundation Inc 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 06/2024, Music And Dance Foundation Inc generated $4.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (46.6%) each year. All expenses for the organization totaled $222.6k during the year ending 06/2024. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, Music And Dance Foundation Inc has awarded 96 individual grants totaling $1,337,500. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Norton Owen President | 1 | $0 | |
Lyn Freilenghaus Vice-President | 1 | $0 | |
Jo-Ann Victor Treasurer | 1 | $0 | |
Wanda Fleck Secretary | 1 | $0 | |
Nancy Lushington Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $14 |
| Dividends & Interest | $14 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $1,341 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $4,700 |
| Total Revenue | $4,728 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $22,627 |
| Total operating and administrative expenses | $22,627 |
| Contributions, gifts, grants paid | $200,000 |
| Total expenses and disbursements | $222,627 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $8,170 |
| Savings and temporary cash investments | $42,261 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $3,079,771 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Music And Dance Foundation Inc has awarded $200,000 in support to 15 organizations.
| Grant Recipient | Amount |
|---|---|
DANCE RING INC PURPOSE: GENERAL | $10,000 |
AMANDA SELWYN DANCE THEATRE PURPOSE: GENERAL | $12,000 |
CHERYLYN LAVAGNINO DANCE PURPOSE: GENERAL | $8,000 |
ALVIN AILEY DANCE FOUNDATION INC PURPOSE: GENERAL | $15,000 |
DOVA INC PURPOSE: GENERAL | $25,000 |
JOSE' LIMON DANCE FOUNDATION PURPOSE: GENERAL | $25,000 |