Musiclink Foundation
- Assets
- $217.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Arlington, VA
- Founding
- 09/2001
- Data as of
- 06/2022
- EIN
- 54-2030766
Organization Overview
Musiclink Foundation is located in Arlington, VA. The organization was established in 2001. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Musiclink 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 06/2022, Musiclink Foundation generated $97.5k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.1% each year. All expenses for the organization totaled $75.5k during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joanne Haroutounian Executive Director | 30 | $12,000 | |
Sue Wege Natl Dir Of Coordinators | 20 | $8,550 | |
Andrea Shore Asst Director Secretary | 1 | $2,683 | |
Nora Martin Director | 1 | $924 | |
William Haroutounian Treasurer | 10 | $0 | |
Charles Kinney Legal Advisor | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $93,875 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $3,630 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $97,505 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $12,918 |
| Professional fees and other payments to independent contractors | $27,403 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $4,383 |
| Other expenses | $30,811 |
| Total expenses | $75,515 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $194,513 |
| Other assets | $0 |
| Total assets | $217,768 |
| Total liabilities | $0 |
| Net assets or fund balances | $217,768 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Musiclink Foundation has recieved totaling $8,459.
| Awarding Organization | Amount |
|---|---|
Network For Good Inc Washington, DC PURPOSE: UNRESTRICTED | $7,305 |
Mattlin Foundation Columbus, OH PURPOSE: GENERAL OPERATING FUND | $1,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $154 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Csdc Property Corporation Hanover, MD | $98,381,398 | $10,915,076 |
Nashville Christian Schools Inc Nashville, TN | $15,861,527 | $11,380,929 |
Global Entrepreneurship Network Inc Arlington, VA | $6,928,946 | $10,036,868 |
Fpf Education And Innovation Foundation Washington, DC | $7,838,229 | $9,845,360 |
Miller School Of Albermarle Charlottesville, VA | $35,553,057 | $8,965,798 |
Charter Schools Development Corporation Hanover, MD | $137,072,204 | $25,530,553 |
United States Public Policy Council Mc Lean, VA | $515,116 | $8,099,974 |
Bowling Green Warren County Primary Care Center Inc Bowling Green, KY | $15,935,520 | $7,530,325 |
Global Service Network Inc Apex, NC | $3,942,579 | $9,338,562 |
Integrated Design Electronics Acade My Public Charter School Washington, DC | $15,621,514 | $8,510,421 |
Memphis Rise Academy Inc Memphis, TN | $16,603,150 | $9,374,095 |
Citizens Assembly Inc Washington, DC | $121,418 | $7,353,833 |