Virginia Federation Of Music Clubs
- Assets
- $88.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Woodbridge, VA
- Founding
- 09/1975
- Data as of
- 06/2024
- EIN
- 23-7044825
Organization Overview
Virginia Federation Of Music Clubs is located in Woodbridge, VA. The organization was established in 1975. 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. Virginia Federation Of Music Clubs 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, Virginia Federation Of Music Clubs generated $64.2k in total revenue. The organization has seen a slow decline revenue. Over the past 4 years, revenues have fallen by an average of (1.9%) each year. All expenses for the organization totaled $59.0k during the year ending 06/2024. 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
AWARDS AND SCHOLARSHIPS (COMPOSITION AND GOLD CUP AWARDS), MUSIC FESTIVALS HELD ANNUALLY THROUGHOUT VIRGINIA, DUES AND CONTRIBUTIONS USED TO PROMOTE MUSIC EDUCATION OPPORTUNITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Cheryl Davis President | 2 | $0 | |
Elaine Brady First Vice President | 1 | $0 | |
Judy Barger Edgell Second Vice President | 1 | $0 | |
Lana Bailey Treasurer | 3 | $0 | |
James Zuill Bailey Treasurer | 3 | $0 | |
Elizabeth Kennedy Recording Secretary | 0.1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,971 |
| Total Program Service Revenue | $33,142 |
| Membership dues | $23,817 |
| Investment income | $2,689 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $621 |
| Total Revenue | $64,240 |
| 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 | $2,810 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $52,644 |
| Total expenses | $58,974 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $88,069 |
| Other assets | $0 |
| Total assets | $88,069 |
| Total liabilities | $0 |
| Net assets or fund balances | $88,069 |