Chattanooga Music Club
- Assets
- $224.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Chattanooga, TN
- Founding
- 11/1989
- Data as of
- 05/2024
- EIN
- 62-1193918
Organization Overview
Chattanooga Music Club is located in Chattanooga, TN. The organization was established in 1989. According to its NTEE Classification (A68) the organization is classified as: Music, 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. Chattanooga Music Club 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 05/2024, Chattanooga Music Club generated $18.8k in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (0.2%) each year. All expenses for the organization totaled $26.1k during the year ending 05/2024. 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
MUSIC SCHOLARSHIPS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Betty A Neal President | 5 | $0 | |
Carol Day Treasurer | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,596 |
| Total Program Service Revenue | $6,779 |
| Membership dues | $3,725 |
| Investment income | $5,749 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $18,849 |
| 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 | $1,000 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $593 |
| Other expenses | $24,505 |
| Total expenses | $26,098 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $224,179 |
| Other assets | $0 |
| Total assets | $224,179 |
| Total liabilities | $0 |
| Net assets or fund balances | $224,179 |