Daniels Music Foundation
- Assets
- $4.0m
- Revenue
- $1.3m
- Investments
- $0.0
- Employees
- 11
- Location
- New York, NY
- Founding
- 09/2005
- Data as of
- 12/2022
- EIN
- 32-0156199
Organization Overview
Daniels Music Foundation is located in New York, NY. The organization was established in 2005. 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 12/2022, Daniels Music Foundation employed 11 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Daniels Music Foundation 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, Daniels Music Foundation generated $1.3m in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 6.7% each year. All expenses for the organization totaled $1.3m during the year ending 12/2022. While expenses have increased by 5.8% per year over the past 5 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
PROVIDE MUSIC PROGRAMS FOR INDIVIDUALS WITH DEVELOPMENTAL AND PHYSICAL DISABILITIES WITH A FOCUS ON RECREATIONAL MUSIC MAKING, SKILL-BUILDING, PERFORMANCE AND SOCIAL INTERACTION. ADDITIONALLY, THROUGH OUR DISABILITY AWARENESS PROGRAMS WE PROVIDE MUSICAL PERFORMANCES AND INFORMATIVE PRESENTATIONS TO CORPORATIONS, SCHOOLS AND INDIVIDUALS ABOUT DIFFERENCES AND ARE WORKING TO BUILD A MORE INCLUSIVE SOCIETY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DURING 2022, OVER 4,000 PARTICIPANTS ATTENDED OUR GROUP INSTRUCTIONAL CLASSES, FIELD TRIPS, PRIVATE LESSONS AND EVENTS. ADDITIONALLY, ON OUR ON-DEMAND VIDEO CHANNEL OVER 65,000 INDIVIDUALS VIEWED OUR INSTRUCTIONAL VIDEOS AND REPLAYS OF OUR LIVE ONLINE EVENTS. WE PROVIDED OVER 50 DISABILITY AWARENESS PRESENTATIONS IN ADDITION TO 2 AWARD SHOWS THAT HIGHLIGHTED THE TALENTS OF MUSICIANS WITH DISABILITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Carla Sullivan Dir Of Mktg | 40 | $101,099 | |
Nadine Mcneil Program Dire | 40 | $101,423 | |
Laurence Charney Director | Trustee | 2 | $0 |
David Salsberg Psy D Director | Trustee | 1 | $0 |
Jacob Elghanayan Director | Trustee | 1 | $0 |
Rex W Mixon Jr Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $357,678 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $874,286 |
| Noncash contributions included in lines 1a–1f | $28,993 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,231,964 |
| Total Program Service Revenue | $106,485 |
| Investment income | $17,263 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$51,046 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,305,690 |
| 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 | $609,881 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $92,455 |
| Payroll taxes | $56,998 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $33,487 |
| Advertising and promotion | $0 |
| Office expenses | $15,382 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $99,581 |
| Travel | $0 |
| 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 | $107,316 |
| Insurance | $10,188 |
| All other expenses | $4,534 |
| Total functional expenses | $1,256,727 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $108,381 |
| Savings and temporary cash investments | $1,429,139 |
| Pledges and grants receivable | $65,110 |
| Accounts receivable, net | $1,140 |
| 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 | $33,747 |
| Net Land, buildings, and equipment | $2,365,685 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $4,003,202 |
| Accounts payable and accrued expenses | $47,147 |
| 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 | $47,147 |
| Net assets without donor restrictions | $3,843,305 |
| Net assets with donor restrictions | $112,750 |
| 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 | $4,003,202 |