Sdg Music Foundation Inc
- Assets
- $141.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 4
- Location
- McHenry, IL
- Founding
- 05/1995
- Data as of
- 12/2021
- EIN
- 36-3945968
Organization Overview
Sdg Music Foundation Inc is located in McHenry, IL. The organization was established in 1995. According to its NTEE Classification (W40) the organization is classified as: Public Transportation Systems, under the broad grouping of Public & Societal Benefit and related organizations. As of 12/2021, Sdg Music Foundation Inc employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sdg Music 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 12/2021, Sdg Music Foundation Inc generated $50.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (24.4%) each year. All expenses for the organization totaled $39.3k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (30.7%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
TO COMMISSION, PERFORM, AND SPONSOR SACRED CLASSICAL MUSIC WHICH WILL BE PERFORMED BY AN ORCHESTRA AND CHOIR FOR THE WORLD TO ENJOY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Deborah Sawicki Board Secretary And Treasurer | 4 | $0 | |
Joseph Loschiavo President And CEO | 30 | $0 | |
Kaye A Filkin Board Chairperson | 1 | $0 | |
Paul H Tenelshof Board Member | 1 | $0 | |
C David Ward Vice President | 1 | $0 | |
Richard G Gieser Chairperson Emeritus | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $49,895 |
| Total Program Service Revenue | $61 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $199 |
| Total Revenue | $50,155 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $6,670 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $5,562 |
| Printing, publications, postage, and shipping | $567 |
| Other expenses | $26,537 |
| Total expenses | $39,336 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $140,302 |
| Other assets | $0 |
| Total assets | $141,314 |
| Total liabilities | $91 |
| Net assets or fund balances | $141,223 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Sdg Music Foundation Inc has recieved totaling $35.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $35 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Kansas City Streetcar Authority Kansas City, MO | $8,885,996 | $11,743,914 |
Southeast Missouri Transportation Service Inc Fredericktown, MO | $9,570,736 | $6,790,437 |
River Bend Transit Davenport, IA | $9,319,311 | $4,186,060 |
Regional Transit Authority Art Spencer, IA | $7,517,600 | $4,155,942 |
Delaware Dubuque And Jackson County Regional Transit Authority Dubuque, IA | $3,802,358 | $1,866,113 |
Galesburg Transit I Corporation Galesburg, IL | $176,336 | $958,966 |
Citizens For Modern Transit St Louis, MO | $3,588,713 | $989,959 |
Westside Intermodal Transportation Corporation Kansas City, MO | $2,131,375 | $735,793 |
Madison Airport Board Inc Richmond, KY | $11,974,665 | $436,693 |
Plasterers And Cement Masons Apprenitceship Train Fund Loc 692 Merrillville, IN | $1,772,992 | $732,233 |
Indianapolis Public Transportation Foundation Inc Indianapolis, IN | $116,111 | $438,558 |
Loop Trolley Company Saint Louis, MO | $143,096 | $397,341 |