Norman Music Alliance Inc
- Assets
- $2.6k
- Revenue
- $226.9k
- Investments
- $0.0
- Employees
- 1
- Location
- Norman, OK
- Founding
- 10/2011
- Data as of
- 06/2022
- EIN
- 45-3155284
Organization Overview
Norman Music Alliance Inc is located in Norman, OK. The organization was established in 2011. According to its NTEE Classification (A68) the organization is classified as: Music, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Norman Music Alliance 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 06/2022, Norman Music Alliance Inc generated $226.9k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 3.2% each year. All expenses for the organization totaled $222.8k during the year ending 06/2022. While expenses have increased by 3.4% per year over the past 8 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
SUPPORT LOCAL MUSICAINS AND HELP THE COMMUNITY
Describe the Organization's Program Activity:
Part 3 - Line 4a
MUSIC FESTIVAL FOR THE LOCAL TOWN TO DISPLAY LOCAL TALENT
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Shari Jackson Executive Director | Trustee | 20 | $11,000 |
Cody Giles Director | Trustee | 5 | $0 |
Michelle Bui Director | Trustee | 5 | $0 |
Joshua Boydston Co Chair | Trustee | 5 | $0 |
Terry Parris Director | Trustee | 5 | $0 |
Stephanie Brickman Secretary | Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $7,939 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $179,878 |
| All other contributions, gifts, grants, and similar amounts not included above | $39,073 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $226,890 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| 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 | $226,890 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $44,490 |
| Grants and other assistance to domestic individuals. | $53,775 |
| 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 | $11,000 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $892 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,739 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $7,144 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| 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 | $0 |
| Insurance | $14,558 |
| All other expenses | $0 |
| Total functional expenses | $222,843 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,600 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| 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 | $2,600 |
| Accounts payable and accrued expenses | $966 |
| 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 | $966 |
| Net assets without donor restrictions | $1,634 |
| Net assets with donor restrictions | $0 |
| 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 | $2,600 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Norman Music Alliance Inc has recieved totaling $30,952.
| Awarding Organization | Amount |
|---|---|
Norman Arts And Humanities Council Norman, OK | | $30,873 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $79 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Jazz At Aspen-Snowmass Aspen, CO | $5,325,438 | $11,239,996 |
Van Cliburn Foundation Inc Fort Worth, TX | $13,509,302 | $8,934,359 |
Harmony House Inc Houston, TX | $6,531,706 | $4,533,772 |
Jazz St Louis St Louis, MO | $11,818,193 | $2,884,733 |
Colorado Music Festival Boulder, CO | $2,219,616 | $3,012,496 |
Amp The Cause Denver, CO | $134,793 | $2,222,228 |
Da Camera Society Of Texas Houston, TX | $2,874,881 | $2,444,470 |
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 |
Ragtag Film Society Columbia, MO | $1,382,564 | $1,866,748 |
Radio Arts Foundation Clayton, MO | $3,517,540 | $1,458,263 |