Roots Of Music Inc
- Assets
- $598.9k
- Revenue
- $932.2k
- Investments
- $0.0
- Employees
- 16
- Location
- New Orleans, LA
- Founding
- 02/2009
- Data as of
- 12/2021
- EIN
- 26-1160255
Organization Overview
Roots Of Music Inc is located in New Orleans, LA. The organization was established in 2009. According to its NTEE Classification (A68) the organization is classified as: Music, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2021, Roots Of Music Inc employed 16 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Roots Of 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 12/2021, Roots Of Music Inc generated $932.2k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.8% each year. All expenses for the organization totaled $836.4k during the year ending 12/2021. While expenses have increased by 8.7% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
EMPOWERING THE YOUTH OF NEW ORLEANS THROUGH MUSIC AND MENTORSHIP. (CONTINUED ON SCHEDULE O) THE ROOTS OF MUSIC RUNS NEW ORLEANS' ONLY FREE YEAR ROUND ACADEMIC AND MUSIC EDUCATION PROGRAM. WE PROVIDE OVER 100 UNDER RESOURCED YOUTH AGED 9-14 WITH PROGRAMMING IN MUSIC EDUCATION, AND PROVIDE HOMEWORK ASSISTANCE AND ACADEMIC ENRICHMENT ACTIVITIES AS WELL AS PERSONAL MENTORSHIP. THE PROGRAM RUNS AFTER SCHOOL MONDAY TO THURSDAY AND ON SATURDAYS AND CONTINUES TO DO SO THROUGHOUT THE SUMMER VACATION.NEW ORLEANS MUSIC EDUCATORS AND MUSICIANS DELIVER THE MUSIC EDUCATION ELEMENTS OF THE PROGRAM. VOLUNTEERS FROM TULANE UNIVERSITY WORK ONE TO ONE WITH THE STUDENTS DURING OUR MONDAY-THURSDAY SESSIONS, PROVIDING HOMEWORK ASSISTANCE. WE FULLY FUND TRANSPORT TO AND FROM THE PROGRAM EACH DAY FOR OUR STUDENTS IN ORDER THAT THEY ARE ABLE TO ATTEND CLASSES, AND FURTHER, AT THE CONCLUSION OF THE PROGRAM EACH DAY EVERY STUDENT IS PROVIDED WITH A NUTRITIONALLY BALANCED FREE MEAL.
Describe the Organization's Program Activity:
Part 3 - Line 4a
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Suzanne Raether Executive Director | Officer | 40 | $61,000 |
Matt Sakakeeny Board Chair | OfficerTrustee | 10 | $0 |
Mary Mccoullugh Secretary | OfficerTrustee | 1 | $0 |
Jeffrey Seymour Treasurer | OfficerTrustee | 1 | $0 |
Tanya Boswell Board Member | Trustee | 1 | $0 |
Ani Difranco Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $94,700 |
| All other contributions, gifts, grants, and similar amounts not included above | $834,113 |
| Noncash contributions included in lines 1a–1f | $17,390 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $928,813 |
| Total Program Service Revenue | $1,600 |
| Investment income | $21 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $1,767 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $932,201 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $61,000 |
| Compensation of current officers, directors, key employees. | $6,936 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $436,019 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $45,555 |
| Payroll taxes | $37,991 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,040 |
| Fees for services: Accounting | $26,112 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $4,350 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $20,925 |
| Advertising and promotion | $2,401 |
| Office expenses | $9,992 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $61,677 |
| Travel | $2,531 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $7,665 |
| All other expenses | $38,953 |
| Total functional expenses | $836,374 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $556,597 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $29,781 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $6,073 |
| Net Land, buildings, and equipment | $1,200 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $5,250 |
| Total assets | $598,901 |
| Accounts payable and accrued expenses | $14,755 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $14,755 |
| Net assets without donor restrictions | $368,857 |
| Net assets with donor restrictions | $215,289 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $598,901 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Roots Of Music Inc has recieved totaling $15,000.
| Awarding Organization | Amount |
|---|---|
Live Long & Prosper Foundation Wilmington, DE PURPOSE: MENTAL HEALTH SUPPORT FOR THE STUDENTS AT THE ROOTS OF MUSIC | $10,000 |
Live Long & Prosper Foundation Wilmington, DE PURPOSE: GENERAL & UNRESTRICTED | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Van Cliburn Foundation Inc Fort Worth, TX | $13,509,302 | $8,934,359 |
Harmony House Inc Houston, TX | $6,531,706 | $4,533,772 |
Da Camera Society Of Texas Houston, TX | $2,874,881 | $2,444,470 |
Warrior Notes Destrehan, LA | $6,531,153 | $6,740,480 |
New Orleans Musicians Assistancefoundation New Orleans, LA | $2,625,519 | $1,960,903 |
Kerrville Folk Festival Foundation Inc Kerrville, TX | $1,558,540 | $1,646,197 |
Midland Odessa Symphony And Chorale Inc Midland, TX | $4,668,029 | $1,189,263 |
Roots Of Music Inc New Orleans, LA | $598,901 | $932,201 |
Youth Choirs Inc San Antonio, TX | $451,626 | $533,478 |
Choristers Guild Dallas, TX | $699,058 | $929,253 |
American Festival For The Arts Houston, TX | $549,941 | $638,713 |
Ars Lyrica Houston Houston, TX | $439,280 | $669,131 |