Frankly Music Inc is located in Milwaukee, WI. The organization was established in 2003. According to its NTEE Classification (A6C) the organization is classified as: Bands & Ensembles, 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. Frankly Music 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 08/2024, Frankly Music Inc generated $147.5k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 1.9% each year. All expenses for the organization totaled $128.0k during the year ending 08/2024. 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
2024
Describe the Organization's Program Activity:
Part 3
FOSTER GROWTH, APPRECIATION AND EDUCATION OF CHAMBER MUSIC THROUGH CONCERT PERFORMANCES.SIX LIVE PERFORMANCES WERE PRESENTED DURING THE 2022-2023 SEASON FEATURING WORLD CLASS MUSICIANSFROM MILWAUKEE, THE US AND ABROAD. EACH PERFORMANCE FEATURED EDUCATIONAL DISCUSSIONS ABOUT THE MUSIC PERFORMED.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Laura J Arnow President | 5 | $0 | |
Wendy Burke Vice President | 1 | $0 | |
Mark Franke Secretary | 1 | $0 | |
Tony Franda Treasurer | 2 | $0 | |
Cathy Costantini Director | 1 | $0 | |
Dick Stoll Director | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $83,673 |
Total Program Service Revenue | $63,778 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $147,451 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $72,746 |
Occupancy, rent, utilities, and maintenance | $11,774 |
Printing, publications, postage, and shipping | $2,835 |
Other expenses | $40,616 |
Total expenses | $127,971 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $80,081 |
Other assets | $0 |
Total assets | $81,863 |
Total liabilities | $1,751 |
Net assets or fund balances | $80,112 |