Muse Foundation Inc
- Assets
- $97.8k
- Revenue
- $86.1k
- Investments
- $0.0
- Employees
- 0
- Location
- Annapolis, MD
- Founding
- 01/1998
- Data as of
- 12/2023
- EIN
- 31-1563794
Organization Overview
Muse Foundation Inc is located in Annapolis, MD. The organization was established in 1998. According to its NTEE Classification (T22) the organization is classified as: Private Independent Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Muse Foundation 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 12/2023, Muse Foundation Inc generated $86.1k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 1.1% each year. All expenses for the organization totaled $5.2k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Muse Foundation Inc has awarded 184 individual grants totaling $271,350. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
MAY SPONSOR CONCERTS FOR CHARITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kenneth H Roberts President | 2 | $0 | |
Vernon L Roberts Asst. Secretary | 3 | $0 | |
Brian V Roberts Secretary | 0 | $0 | |
Connie Caldwell Director | 0 | $0 | |
Doug Dollenberg Director | 0 | $0 | |
Richard S Pineau Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $80,000 |
| Interest on Savings | $0 |
| Dividends & Interest | $502 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $5,625 |
| Capital Gain Net Income | $5,625 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $86,127 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $622 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $622 |
| Contributions, gifts, grants paid | $4,600 |
| Total expenses and disbursements | $5,222 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $97,792 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $97,792 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Muse Foundation Inc has awarded $4,600 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
ARC OF BALTIMORE PURPOSE: TO PROVIDE ADVOCACY AND SUPPORT TO INDIVIDUALS WITH INTELLECTUAL AND DEVELOPMENTAL DISABILIITES. | $300 |
RIVER VALLEY RANCH PURPOSE: SUPPORT A SUMMER YOUTH CAMP THAT PROVIDES A CHRISTIAN AND FAMLY ATOMOSPHERE. | $1,000 |
WILD ANIMAL SANCTUARY PURPOSE: TO SUPPORT PROVIDING A SANCTUARY FOR WILD AND UNTAMED ANIMALS IN THEIR NATURAL HABITAT. | $2,000 |
TUNNEL TO TOWERS PURPOSE: TO SUPPORT FAMILIES OF FALLEN FIRST RESPONDERS WITH YOUNG CHILDREN BY PROVIDING MORTGAGE-FREE HOMES. | $100 |
AMERICAN CANCER SOCIETY PURPOSE: TO ASSIST WITH CANCER RESEARCH. | $1,200 |