Fort Collins Musicians Association
- Assets
- $112.4k
- Revenue
- $365.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Fort Collins, CO
- Founding
- 04/2009
- Data as of
- 12/2022
- EIN
- 26-2666344
Organization Overview
Fort Collins Musicians Association is located in Fort Collins, CO. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Fort Collins Musicians Association 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 12/2022, Fort Collins Musicians Association generated $365.0k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 17.7% each year . All expenses for the organization totaled $286.6k during the year ending 12/2022. While expenses have increased by 16.0% per year over the past 8 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
FORT COLLINS MUSICIAN ASSOCIATION PROVIDES EDUCATION, SUPPORT, AND NETWORKING OPPORTUNITIES FOR THE FORT COLLINS, COLORADO MUSIC COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PER OUR MISSION TO PROVIDE EDUCATION, SUPPORT, AND NETWORKING TO THE FORT COLLINS AND GREATER NORTHERN COLORADO MUSIC COMMUNITY; FORT COLLINS MUSICIAN ASSOCIATION PUTS ON A VOLUNTEER RUN, ANNUAL MUSIC FESTIVAL, AND THE FORT COLLINS MUSIC EXPERIMENT (FOCOMX). FOCOMX PROVIDES LIVE MUSIC PERFORMANCE OPPORTUNITIES IN TRADITIONAL VENUES AND OTHER NON-VENUE BUSINESSES. ADDITIONALLY, FOCOMX PROVIDES PUBLIC EDUCATIONAL SESSIONS FOR MUSICIANS AS WELL AS YOUTH MUSIC ACTIVITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Greta Cornett President | OfficerTrustee | 15 | $0 |
Dennis Bigelow Secretary | Trustee | 4 | $0 |
Kevin Micke V.p./ Treasu | Trustee | 2 | $0 |
John Mckay Director | Trustee | 2 | $0 |
Peggy Lyle Director | Trustee | 15 | $0 |
Scotty Van Tatenhove Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $62,363 |
| All other contributions, gifts, grants, and similar amounts not included above | $62,093 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $124,456 |
| Total Program Service Revenue | $240,520 |
| Investment income | $0 |
| 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 | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $364,976 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $3,768 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $7,511 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $1,665 |
| 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 | $988 |
| All other expenses | $10,124 |
| Total functional expenses | $286,618 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $112,402 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $112,402 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| 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 | $112,402 |
| Total liabilities and net assets/fund balances | $112,402 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Fort Collins Musicians Association has recieved totaling $11.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $11 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Jazz At Aspen-Snowmass Aspen, CO | $5,325,438 | $11,239,996 |
Grand Teton Music Festival Inc Jackson, WY | $21,966,338 | $8,778,128 |
Colorado Music Festival Boulder, CO | $2,219,616 | $3,012,496 |
Amp The Cause Denver, CO | $134,793 | $2,222,228 |
Strings Music Festival Steamboat Springs, CO | $9,630,765 | $2,301,723 |
Swallow Hill Music Association Denver, CO | $6,215,784 | $6,402,960 |
Youth On Record Denver, CO | $1,879,684 | $1,486,408 |
Yfc Inc Omaha, NE | $650,534 | $1,235,325 |
Parlando Incorporated Boulder, CO | $1,273,068 | $2,033,961 |
Santa Fe Concert Association Santa Fe, NM | $379,174 | $1,132,324 |
Piano Technicians Guild Incorporated Kansas City, KS | $3,439,012 | $1,235,937 |
The Vail Jazz Foundation Inc Vail, CO | $1,001,642 | $1,276,123 |