Madison Area Music Association Inc
- Assets
- $44.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Madison, WI
- Founding
- 04/2004
- Data as of
- 06/2022
- EIN
- 20-0614274
Organization Overview
Madison Area Music Association Inc is located in Madison, WI. The organization was established in 2004. According to its NTEE Classification (A68) the organization is classified as: Music, 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. Madison Area Music Association 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 06/2022, Madison Area Music Association Inc generated $39.5k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.4% each year. All expenses for the organization totaled $36.1k during the year ending 06/2022. While expenses have increased by 12.1% per year over the past 7 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE MADISON AREA MUSIC ASSOCIATION (MAMA) SUPPORTS YOUTH MUSIC PROGRAMS IN THE GREATER MADISON AREA, AND STRENGTHENS AND ENGAGES THE MUSIC COMMUNITY AS A WHOLE.
Describe the Organization's Program Activity:
Part 3
EDUCATION AND INSTRUMENTS: MAMA, INC. PROVIDES MUSICAL INSTRUMENTS AND FUNDS FOR YOUTH MUSIC PROGRAMS IN THE MADISON AREA. THE ANNUAL MADISON AREA MUSIC AWARDS ARE INSTRUMENTAL IN CARRYING THIS OUT.
MAMA CARES: A NON-MEMBER FUND THAT ASSISTS MADISON-AREA MUSICIANS IN TIMES OF CRISIS, PARTICULARLY HEALTH-RELATED.
MAMA CLYDE STUBBLEFIELD SCHOLARSHIP FUND: A FUND THAT PROVIDES EDUCATIONAL FUNDS FOR MADISON-AREA YOUTHS ATTENDING HIGHER EDUCATION WITH A CONCENTRATION IN MUSIC.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Roy Elkins President | 10 | $0 | |
Richard Tvedt Treasurer | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $7,260 |
| Total Program Service Revenue | $32,136 |
| Membership dues | $0 |
| Investment income | $6 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $100 |
| Total Revenue | $39,502 |
| 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 | $22,524 |
| Occupancy, rent, utilities, and maintenance | $450 |
| Printing, publications, postage, and shipping | $191 |
| Other expenses | $7,593 |
| Total expenses | $36,125 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $40,119 |
| Other assets | $0 |
| Total assets | $44,004 |
| Total liabilities | $1,587 |
| Net assets or fund balances | $42,417 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Madison Area Music Association Inc has recieved totaling $19.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $19 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
University Musical Society Ann Arbor, MI | $42,227,393 | $9,895,639 |
Flint And Genesee Chamber Foundation Flint, MI | $674,613 | $5,341,436 |
Grant Park Orchestral Association Chicago, IL | $15,259,948 | $7,547,765 |
Sphinx Organization Inc Detroit, MI | $23,511,690 | $14,240,622 |
Detroit Jazz Festival Productions Inc Harper Woods, MI | $289,388 | $2,953,500 |
Detroit Jazz Festival Foundation Harper Woods, MI | $1,089,629 | $3,431,745 |
The Schubert Club St Paul, MN | $22,801,473 | $4,063,918 |
Minnetonka Youth Hockey Association Minnetonka, MN | $11,192,985 | $2,520,815 |
Chicago Sinfonietta Inc Chicago, IL | $3,675,444 | $3,506,738 |
Irving S Gilmore International Keyboard Festival Kalamazoo, MI | $14,163,453 | $2,605,010 |
Vocalessence Minneapolis, MN | $7,433,658 | $2,557,414 |
Osseo-Maple Grove Youth Hockey Association Osseo, MN | $2,211,214 | $2,250,377 |