The Mundi Project
- Assets
- $155.5k
- Revenue
- $229.3k
- Investments
- $0.0
- Employees
- 5
- Location
- Salt Lake City, UT
- Founding
- 10/2006
- Data as of
- 12/2021
- EIN
- 38-3734621
Organization Overview
The Mundi Project is located in Salt Lake City, UT. The organization was established in 2006. 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 12/2021, Mundi Project employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mundi Project 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, Mundi Project generated $229.3k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 11.8% each year . All expenses for the organization totaled $209.6k during the year ending 12/2021. While expenses have increased by 9.4% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE ORGANIZATION'S MISSION IS TO ACTIVELY BREAK DOWN SOCIOECONOMIC AND GENERATIONAL BARRIERS BY PROVIDING QUALITY MUSIC EXPERIENCES FOR ALL.
Describe the Organization's Program Activity:
Part 3 - Line 4a
HARMONY HUB - HARMONY HUB EMPOWERS OUR COMMUNITY MEMBERS TO ENGAGE IN DAILY MUSIC MAKING THROUGH WEEKLY GROUP CLASSES. IN 2021, WE OFFERED 11 CLASSES PER WEEK IN PIANO, VOICE, CLASSICAL GUITAR, AND UKULELE. WE HAD 146 LEARNERS ENROLLED IN OUR CLASSES WITH 87 RECEIVING 100% TUITION ASSISTANCE.
MUNDI LIVE - MUNDI LIVE ENGAGES OUR COMMUNITY IN LIVE MUSIC PERFORMANCES BY SUPPORTING LOCAL AND NATIONAL MUSICIANS OF ALL GENRES. WE PRESENTED 30 PERFORMANCES FEATURING 38 PERFORMING ARTISTS FOR APPROXIMATELY 2,149 AUDIENCE MEMBERS OF ALL AGES.
PIANO BANK - PIANO BANK PLACES PIANOS WITH INDIVIDUALS, FAMILIES, AND PUBLIC SPACES ACROSS UTAH THROUGH HIGH-QUALITY PIANO DONATIONS. IN 2021, WE PLACED 11 PIANOS WITH FAMILIES AND 7 WITH PUBLIC SPACES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dr Ruby Chou Executive Di | Officer | 30 | $41,500 |
Adriana Soto Callahan President | OfficerTrustee | 3 | $0 |
Christina Coonradt Vice Preside | OfficerTrustee | 2 | $0 |
Lexi Graham Treasurer | OfficerTrustee | 3 | $0 |
Kimberly Tosti Secretary | OfficerTrustee | 2 | $0 |
Joshua Brothers Board Member | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $89,100 |
| All other contributions, gifts, grants, and similar amounts not included above | $131,929 |
| Noncash contributions included in lines 1a–1f | $71,750 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $221,029 |
| Total Program Service Revenue | $8,224 |
| Investment income | $2 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $229,255 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $53,824 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $41,500 |
| Compensation of current officers, directors, key employees. | $6,225 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $48,791 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $7,216 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,288 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $26,465 |
| Advertising and promotion | $12,087 |
| Office expenses | $2,137 |
| Information technology | $1,209 |
| Royalties | $0 |
| Occupancy | $5,203 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $588 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $3,086 |
| All other expenses | $0 |
| Total functional expenses | $209,608 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $62,399 |
| Savings and temporary cash investments | $4,068 |
| Pledges and grants receivable | $51,200 |
| Accounts receivable, net | $1,477 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $35,300 |
| Prepaid expenses and deferred charges | $1,028 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $155,472 |
| Accounts payable and accrued expenses | $4,859 |
| 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 | $4,859 |
| Net assets without donor restrictions | $125,913 |
| Net assets with donor restrictions | $24,700 |
| 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 | $155,472 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that The Mundi Project has recieved totaling $18,500.
| Awarding Organization | Amount |
|---|---|
Salt Lake Arts Council Foundation Salt Lake City, UT | | $12,500 |
The Community Foundation Of Utah Salt Lake City, UT PURPOSE: GENERAL SUPPORT | $6,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Jazz At Aspen-Snowmass Aspen, CO | $5,325,438 | $11,239,996 |
Grand Teton Music Festival Inc Jackson, WY | $21,966,338 | $8,778,128 |
Colorado Music Festival Boulder, CO | $2,219,616 | $3,012,496 |
Amp The Cause Denver, CO | $134,793 | $2,222,228 |
Strings Music Festival Steamboat Springs, CO | $9,630,765 | $2,301,723 |
Swallow Hill Music Association Denver, CO | $6,215,784 | $6,402,960 |
Youth On Record Denver, CO | $1,879,684 | $1,486,408 |
Parlando Incorporated Boulder, CO | $1,273,068 | $2,033,961 |
Santa Fe Concert Association Santa Fe, NM | $379,174 | $1,132,324 |
The Vail Jazz Foundation Inc Vail, CO | $1,001,642 | $1,276,123 |
Suzuki Association Of The Americas Boulder, CO | $1,674,140 | $882,329 |
Foundation Music School Inc Fort Collins, CO | $326,525 | $861,230 |