Albany Music Fund
- Assets
- $208.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Albany, CA
- Founding
- 11/2002
- Data as of
- 06/2024
- EIN
- 55-0794958
Organization Overview
Albany Music Fund is located in Albany, CA. The organization was established in 2002. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, 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. Albany Music 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 06/2024, Albany Music Fund generated $138.1k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 0.1% each year. All expenses for the organization totaled $132.5k during the year ending 06/2024. While expenses have increased by 1.7% per year over the past 5 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
2024
Describe the Organization's Program Activity:
Part 3
PROGRAMS: 1)PROVIDING INSTRUMENTS & EQUIPMENT TO STUDENTS 2)SUPPLY $10K ANNUALLY IN SHEET MUSIC 2)PAY ENTRY FEES FOR LOCAL, REGIONAL COMPTETION 3)GRANTS & SCHOLARSHIPS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michele Brusseau Chief Executive Officer | 1.5 | $0 | |
Matthew Blaine Chief Financial Officer | 1.5 | $0 | |
Dayna Inkeles Secretary | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $138,148 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $138,148 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $132,504 |
| Total expenses | $132,504 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $208,051 |
| Other assets | $0 |
| Total assets | $208,051 |
| Total liabilities | $0 |
| Net assets or fund balances | $208,051 |