Music Forward
- Assets
- $1.9m
- Revenue
- $2.2m
- Investments
- $0.0
- Employees
- 7
- Location
- Brooklyn, NY
- Founding
- 03/2009
- Data as of
- 12/2021
- EIN
- 45-0583417
Organization Overview
Music Forward, operating under the name The Knights, is located in Brooklyn, NY. The organization was established in 2009. According to its NTEE Classification (A6C) the organization is classified as: Bands & Ensembles, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2021, Knights employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Knights 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, Knights generated $2.2m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.3% each year. All expenses for the organization totaled $1.2m during the year ending 12/2021. 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
SEE SCHEDULE O
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE KNIGHTS ARE AN ORCHESTRAL COLLECTIVE, FLEXIBLE IN SIZE AND REPERTORY, DEDICATED TO TRANSFORMING THE CONCERT EXPERIENCE. THE ORCHESTRA OFFERS IN-PERSON MUSIC PROGRAMMING IN NEW YORK CITY AS WELL AS ON TOUR DOMESTICALLY AND INTERNATIONALLY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bridget Mundy Executive Director | Officer | 40 | $107,000 |
Colin Jacobsen Artistic Director | Trustee | 20 | $78,475 |
Eric Jacobsen Artistic Director | Trustee | 20 | $68,125 |
Caitlin Sullivan As Of 921 Musician Representative | Trustee | 2 | $14,750 |
Michael Atkinson Special Orchestra Liaison | Trustee | 2 | $13,175 |
Miranda Sielaff Thru 921 Musician Representative | Trustee | 2 | $8,625 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $154,843 |
| Related organizations | $0 |
| Government grants | $866,388 |
| All other contributions, gifts, grants, and similar amounts not included above | $876,348 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,897,579 |
| Total Program Service Revenue | $288,886 |
| Investment income | $6,718 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $26,481 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,219,896 |
| 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. | $340,559 |
| Compensation of current officers, directors, key employees. | $40,858 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $40,027 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $64,080 |
| Payroll taxes | $30,504 |
| Fees for services: Management | $17,759 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $18,555 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $371,483 |
| Advertising and promotion | $24,783 |
| Office expenses | $13,943 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $48,506 |
| Travel | $63,700 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $8,042 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $17,744 |
| All other expenses | $0 |
| Total functional expenses | $1,217,783 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $665,492 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $536,744 |
| Accounts receivable, net | $8,050 |
| 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 | $78,864 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $594,501 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,883,651 |
| Accounts payable and accrued expenses | $19,795 |
| 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 | $19,795 |
| Net assets without donor restrictions | $1,243,419 |
| Net assets with donor restrictions | $620,437 |
| 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 | $1,883,651 |
Grants Recieved
Over the last fiscal year, we have identified 7 grants that Music Forward has recieved totaling $76,513.
| Awarding Organization | Amount |
|---|---|
Morgan Stanley Global Impact Funding Trust Inc Indianapolis, IN PURPOSE: UNRESTRICTED GENERAL SUPPORT | $34,000 |
Jewish Communal Fund New York, NY PURPOSE: GENERAL SUPPORT | $20,000 |
Community Foundation For Southeast Michigan Detroit, MI PURPOSE: PROGRAMMING FOR CHILDREN | $10,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: ARTS, CULTURE & HUMANITIES | $7,500 |
Bank Of America Charitable Foundation Inc Charlotte, NC PURPOSE: OPERATIONAL SUPPORT | $3,499 |
Bank Of America Charitable Foundation Inc Charlotte, NC PURPOSE: OPERATIONAL SUPPORT | $1,501 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Chamber Music Society Of Lincoln Center Inc New York, NY | $75,785,026 | $8,098,854 |
St Lukes Chamber Ensemble Inc New York, NY | $47,001,390 | $8,968,141 |
Little Kids Rock Inc Montclair, NJ | $6,640,068 | $6,635,771 |
Jazz House Kids Inc Montclair, NJ | $1,334,146 | $3,055,002 |
Inspire Arts And Music Inc Boston, MA | $2,295,545 | $1,459,889 |
Afro-Latin Jazz Alliance Of New York Inc New York, NY | $920,945 | $1,546,674 |
Music Forward Brooklyn, NY | $1,883,651 | $2,219,896 |
Ma-Yi Filipino Theatre Ensemble Inc New York, NY | $1,967,412 | $1,405,048 |
Ensemble For The Romantic Century Inc New York, NY | $133,417 | $422,457 |
River City Brass Band Pittsburgh, PA | $1,809,596 | $856,710 |
Piffaro The Renaissance Band Philadelphia, PA | $447,529 | $376,319 |
Parlance Chamber Concerts Inc Ridgewood, NJ | $356,098 | $466,697 |