Charles Schwartz Foundation For Music
- Assets
- $70.2k
- Revenue
- $26.3k
- Investments
- $62.0k
- Employees
- 0
- Location
- Wappingers Falls, NY
- Founding
- 03/1992
- Data as of
- 06/2024
- EIN
- 13-3617098
Organization Overview
Charles Schwartz Foundation For Music is located in Wappingers Falls, NY. The organization was established in 1992. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Charles Schwartz Foundation For Music 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, Charles Schwartz Foundation For Music generated $26.3k in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (0.1%) each year. All expenses for the organization totaled $36.9k during the year ending 06/2024. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Charles Schwartz Foundation For Music has awarded 95 individual grants totaling $150,843. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2024
Describe the Organization's Program Activity:
Part 3 - Line 4a
N/A
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ellen Anzovino President | 4 | $4,000 | |
Louis Anzovino Treasurer | 2 | $4,000 | |
Alice Schwartz Secretary | 4 | $4,000 | |
Donald Schwartz Exec. Director | 2 | $4,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $3,271 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $23,076 |
| Capital Gain Net Income | $23,076 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $26,347 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $16,000 |
| 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 | $3,867 |
| Total operating and administrative expenses | $21,262 |
| Contributions, gifts, grants paid | $15,623 |
| Total expenses and disbursements | $36,885 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $8,136 |
| 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 | $62,034 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $70,170 |
| 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, Charles Schwartz Foundation For Music has awarded $15,623 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
BRENTWOOD UFSD PURPOSE: MUSIC SCHOLARSHIP | $500 |
CREATIVE YOUTH PRODUCTIONS PURPOSE: MUSIC GRANT | $3,000 |
MUSIC CONSERVATORY OF WESTCHESTER PURPOSE: MUSIC GRANT | $3,000 |
KATE THEATER PURPOSE: MUSIC GRANT | $250 |
GUITARS FOR VETS PURPOSE: MUSIC GRANT | $1,000 |
FLAMENCO VIVO PURPOSE: MUSIC GRANT | $1,500 |