Music In Common Inc
- Assets
- $82.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Hapeville, GA
- Founding
- 03/2009
- Data as of
- 12/2021
- EIN
- 26-3195366
Organization Overview
Music In Common Inc is located in Hapeville, GA. 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. Music In Common 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, Music In Common Inc generated $137.9k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.9% each year. All expenses for the organization totaled $129.9k during the year ending 12/2021. While expenses have increased by 6.2% 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.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Todd Mack Executive Di | 40 | $61,514 | |
Corey-Jan Albert President | 1.25 | $0 | |
Monica Manning Treasurer | 1.25 | $0 | |
Ellen Shanahan Director | 1.25 | $0 | |
Ching Ching Yap Director | 1.25 | $0 | |
Cedric Adderley Director | 1.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $135,105 |
| Total Program Service Revenue | $2,750 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $137,855 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $82,826 |
| Professional fees and other payments to independent contractors | $39,533 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $500 |
| Other expenses | $7,081 |
| Total expenses | $129,940 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $82,427 |
| Other assets | $0 |
| Total assets | $82,445 |
| Total liabilities | $72,707 |
| Net assets or fund balances | $9,738 |
Grants Recieved
Over the last fiscal year, we have identified 5 grants that Music In Common Inc has recieved totaling $13,607.
| Awarding Organization | Amount |
|---|---|
Feigenbaum Foundation Inc Pittsfield, MA PURPOSE: AMPLIFY 2021 PROJECT | $5,000 |
The Poetry Foundation Chicago, IL PURPOSE: EMERGENCY GRANT | $5,000 |
Weaver Family Private Foundation Laguna Beach, CA PURPOSE: CULTURAL | $2,500 |
E B R Foundation Chicago, IL PURPOSE: UNRESTRICTED | $1,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $107 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Country Music Association Inc Nashville, TN | $102,178,283 | $43,001,334 |
Gasparilla Music Foundation Inc Tampa, FL | $1,064,591 | $5,545,638 |
Birthplace Of Country Music Alliance Bristol, TN | $15,699,295 | $2,559,665 |
Musicians On Call Inc Nashville, TN | $3,633,934 | $3,486,106 |
Latin Grammy Cultural Foundation Doral, FL | $2,673,582 | $2,064,873 |
Florida West Coast Symphony Inc Endowment Tr Sarasota, FL | $31,410,388 | $1,333,679 |
Clearwater Jazz Holiday Foundation Inc Clearwater, FL | $1,252,742 | $1,598,944 |
Varna International Music Academy Columbia, SC | $449,855 | $1,227,146 |
Nu Deco Ensemble Inc Miami, FL | $264,007 | $1,216,119 |
Blues Foundation Inc Memphis, TN | $4,533,935 | $1,249,645 |
Bach Festival Society Of Winter Park Winter Park, FL | $4,981,220 | $1,213,306 |
Songbirds Foundation Inc Chattanooga, TN | $16,669,845 | $490,877 |