South Carolina Federation Of Music Clubs
- Assets
- $351.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Enoree, SC
- Founding
- 07/1968
- Data as of
- 06/2023
- EIN
- 57-0696556
Organization Overview
South Carolina Federation Of Music Clubs is located in Enoree, SC. The organization was established in 1968. According to its NTEE Classification (A6C) the organization is classified as: Bands & Ensembles, 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. South Carolina Federation Of Music Clubs 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 06/2023, South Carolina Federation Of Music Clubs generated $40.1k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 4.8% each year. All expenses for the organization totaled $42.3k during the year ending 06/2023. While expenses have increased by 10.1% 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
THE ORGANIZATION PROMOTES MUSIC APPRECIATION IN SOUTH CAROLINA THROUGH THE ISSUANCE OF 10 TO 12 SCHOLARSHIPS TO DESERVING STUDENTS IN THE MIDDLE SCHOOL TO COLLEGE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bill Cooper Treasurer | 5 | $0 | |
Dianne D Williamson President | 10 | $0 | |
Karen Herndon Vice President | 3 | $0 | |
Sarah Spigner Secretary | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,200 |
| Total Program Service Revenue | $30,380 |
| Membership dues | $6,252 |
| Investment income | $1,257 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $40,089 |
| 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 | $42,326 |
| Total expenses | $42,326 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $351,928 |
| Other assets | $0 |
| Total assets | $351,928 |
| Total liabilities | $0 |
| Net assets or fund balances | $351,928 |