Mason Music Foundation is located in Vestavia, AL. The organization was established in 2016. 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. Mason Music Foundation 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, Mason Music Foundation generated $177.5k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 17.9% each year . All expenses for the organization totaled $96.0k during the year ending 12/2022. While expenses have increased by 23.1% per year over the past 3 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
MUSIC LESSONS - WE PROVIDED 12907 HOURS OF MUSICAL LESSONS TO 76 STUDENTS THROUGHOUT THE YEAR 2022.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Duncan Hulsey Board Chairman | 0 | $0 | |
Will Haver Board Member | 0 | $0 | |
Hallet Johnson IV Board Member | 0 | $0 | |
Joe Hampton Board Member | 0 | $0 | |
Trip Summersell Board Member | 0 | $0 | |
Susan Thomas Board Member | 0 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $132,757 |
Total Program Service Revenue | $21,554 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $23,196 |
Other Revenue | $0 |
Total Revenue | $177,507 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $22,636 |
Professional fees and other payments to independent contractors | $40,770 |
Occupancy, rent, utilities, and maintenance | $11,288 |
Printing, publications, postage, and shipping | $1,619 |
Other expenses | $19,721 |
Total expenses | $96,034 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $135,927 |
Other assets | $0 |
Total assets | $225,318 |
Total liabilities | $524 |
Net assets or fund balances | $224,794 |