Ohio Foundation For Music Education
- Assets
- $222.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Medina, OH
- Founding
- 09/2006
- Data as of
- 06/2023
- EIN
- 20-5264394
Organization Overview
Ohio Foundation For Music Education is located in Medina, OH. The organization was established in 2006. 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. Ohio Foundation For Music Education 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 06/2023, Ohio Foundation For Music Education generated $11.6k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (0.3%) each year. All expenses for the organization totaled $7.6k during the year ending 06/2023. As we would expect to see with falling revenues, expenses have declined by (0.7%) per year over the past 8 years. 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
AWARDED SCHOLARSHIPS TO COLLEGIATE MUSIC EDUCATION MAJORS TO ENHANCE THEIR STUDENT TEACHING EXPERIENCE AND EFFECTIVENESS. PROVIDED SUPPORT FOR DATA RESEARCH ON THE STATUS OF ARTS EDUCATION IN OHIO'S PUBLIC SCHOOL DISTRICTS AND OPERATED A VIDEO CONTEST WHICH PROMOTED THE VALUE OF MUSIC EDUCATION FOR EVERYONE USING TESTIMONIALS FROM ALL AGES AND SECTORS OF THE POPULATIONS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Koehler President | 1 | $0 | |
Gerald Pellegrino Treasurer | 1 | $0 | |
Gene Warman Board Member | 1 | $0 | |
Ann Usher Board Member | 1 | $0 | |
Jay A Wardeska Executive Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $7,387 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $2,774 |
| Gain or Loss | -$466 |
| Net Income from Gaming & Fundraising | $1,950 |
| Other Revenue | $0 |
| Total Revenue | $11,645 |
| 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 | $1,985 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $1,898 |
| Total expenses | $7,633 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $68,509 |
| Other assets | $0 |
| Total assets | $222,135 |
| Total liabilities | $0 |
| Net assets or fund balances | $222,135 |