Bonnaroo Works Fund
- Assets
- $380.7k
- Revenue
- $861.4k
- Investments
- $0.0
- Employees
- 0
- Location
- Nashville, TN
- Founding
- 08/2014
- Data as of
- 12/2022
- EIN
- 47-1136766
Organization Overview
Bonnaroo Works Fund is located in Nashville, TN. The organization was established in 2014. According to its NTEE Classification (A25) the organization is classified as: Arts Education, 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. Bonnaroo Works Fund 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, Bonnaroo Works Fund generated $861.4k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 13.3% each year . All expenses for the organization totaled $508.3k during the year ending 12/2022. While expenses have increased by 10.7% 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.
Since 2015, Bonnaroo Works Fund has awarded 43 individual grants totaling $1,250,432. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ashley Capps President | 2 | $0 | |
Bradley Parler Secretary | 1 | $0 | |
Jeffrey Cuellar Treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $846,867 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $14,536 |
| Total Revenue | $861,403 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $95,500 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $6,297 |
| Depreciation | $0 |
| Occupancy | $1,020 |
| Travel, conferences, and meetings | $1,638 |
| Printing and publications | $0 |
| Other expenses | $115,171 |
| Total operating and administrative expenses | $230,626 |
| Contributions, gifts, grants paid | $277,715 |
| Total expenses and disbursements | $508,341 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $380,691 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $380,691 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $299 |
| Total liabilities | $299 |
Grants Awarded
Over the last fiscal year, Bonnaroo Works Fund has awarded $277,715 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
THE FREQUENCY CENTER PURPOSE: FOR LOCAL REINVESTMENT AND ASSET BUILDING FOR THE COMMUNITIES WE LIVE IN | $750 |
MANCHESTER COFFEE COUNTY CONFERENCE CENTER PURPOSE: FOR LOCAL REINVESTMENT AND ASSET BUILDING FOR THE COMMUNITIES WE LIVE IN | $27,000 |
ARTS OF THE AIRPORT FOUNDATION PURPOSE: FOR LOCAL REINVESTMENT AND ASSET BUILDING FOR THE COMMUNITIES WE LIVE IN | $28,600 |
WE ARE NEUTRAL PURPOSE: FOR LOCAL REINVESTMENT AND ASSET BUILDING FOR THE COMMUNITIES WE LIVE IN | $30,000 |
GRUNDY COUNTY FOOD BANK PURPOSE: FOR LOCAL REINVESTMENT AND ASSET BUILDING FOR THE COMMUNITIES WE LIVE IN | $1,000 |
GLOBAL EDUCATION CENTER PURPOSE: FOR LOCAL REINVESTMENT AND ASSET BUILDING FOR THE COMMUNITIES WE LIVE IN | $1,000 |