Music For Life Institute
- Assets
- $1.2m
- Revenue
- $1.9m
- Investments
- $0.0
- Employees
- 6
- Location
- Bellingham, WA
- Founding
- 02/2001
- Data as of
- 03/2023
- EIN
- 31-1746269
Organization Overview
Music For Life Institute is located in Bellingham, WA. The organization was established in 2001. According to its NTEE Classification (A65) the organization is classified as: Theater, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 03/2023, Music For Life Institute employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Music For Life Institute 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 03/2023, Music For Life Institute generated $1.9m in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (2.9%) each year. All expenses for the organization totaled $2.3m during the year ending 03/2023. As we would expect to see with falling revenues, expenses have declined by (0.3%) per year over the past 8 years. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE GENERAL RELIEF AND CARE IN SUB-SAHARAN AFRICA, WITH A FOCUS ON CHILDREN'S PROGRAMS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION PROVIDES EDUCATION AND CARE IN AFRICA WITH A FOCUS ON CHILDREN'S PROGRAMS. THE ORGANIZATION ALSO BRINGS CHILDREN FROM AFRICA TO THE US FOR TRAINING, EDUCATION, AND CARE INTEGRATED WITH A TOURING PROGRAM.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Raymond Barnett Director | Trustee | 1 | $0 |
Max Clements Secretary & Treasurer | OfficerTrustee | 1 | $0 |
Charlotte Diorio Director | Trustee | 1 | $0 |
Robert Hunter Director | Trustee | 1 | $0 |
Suzanne Nelson Director | OfficerTrustee | 5 | $63,988 |
Alexander Palmer Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $287,434 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,654,220 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,941,654 |
| Total Program Service Revenue | $650 |
| Investment income | $15,935 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$18,099 |
| Net Income from Fundraising Events | -$68,172 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,872,313 |
| 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 | $1,124,221 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $153,073 |
| Compensation of current officers, directors, key employees. | $72,540 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $345,009 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $32,085 |
| Payroll taxes | $19,545 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $33,434 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $1,500 |
| Fees for services: Other | $16,385 |
| Advertising and promotion | $90,459 |
| Office expenses | $104,515 |
| Information technology | $40,689 |
| Royalties | $0 |
| Occupancy | $50,757 |
| Travel | $114,041 |
| 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 | $3,049 |
| Insurance | $9,043 |
| All other expenses | $7,337 |
| Total functional expenses | $2,281,723 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $269,779 |
| Savings and temporary cash investments | $78,989 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $2,135 |
| 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 | $64,574 |
| Net Land, buildings, and equipment | $2,563 |
| Investments—publicly traded securities | $738,565 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,156,605 |
| Accounts payable and accrued expenses | $49,281 |
| 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 | $179,615 |
| Total liabilities | $228,896 |
| Net assets without donor restrictions | $334,704 |
| Net assets with donor restrictions | $593,005 |
| 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 | $1,156,605 |