Revolutions Per Minute
- Assets
- $0.0
- Revenue
- $220.3k
- Investments
- $0.0
- Employees
- 2
- Location
- Louisville, KY
- Founding
- 10/2006
- Data as of
- 12/2019
- EIN
- 72-1600331
Organization Overview
Revolutions Per Minute is located in Louisville, KY. The organization was established in 2006. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, under the broad grouping of Education and related organizations. As of 12/2019, Revolutions Per Minute employed 2 individuals. Revolutions Per Minute 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 12/2019, Revolutions Per Minute generated $220.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (21.1%) each year. All expenses for the organization totaled $847.6k during the year ending 12/2019. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Revolutions Per Minute has awarded 81 individual grants totaling $1,536,585. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2019
Describe the Organization's Mission:
Part 3 - Line 1
THE ORGANIZATION'S MISSION IS TO PROVIDE ARTISTS WITH STRATEGY AND SUPPORT FOR THEIR ACTIVISM AND PHILANTHROPY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PHILANTHROPY: OUR PHILANTHROPY PROGRAM OFFERS ARTISTS AN ARSENAL OF PHILANTHROPIC STRATEGIES TO RAISE MONEY FOR THE CAUSES THEY CARE ABOUT, INCLUDING THE ADDITION OF MICRO-DONATIONS TO TICKET AND MERCHANDISE SALES, SELLING VIP TICKETING EXPERIENCES, AUTHORIZING MUSIC LICENSING, AND MORE. RPM ALSO HELPS ARTISTS GIVE IN RESPONSE IN TIMES OF HUMANITARIAN DISASTERS. THIS PROGRAM'S EXPENSES INCLUDES SIGNIFICANT GRANTS MADE TO OTHER US-BASED 501(C)(3) ORGANIZATIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jessica George CEO | Officer | 40 | $85,847 |
Ian Rogers President | OfficerTrustee | 1 | $0 |
Bertis Downs Board Member | Trustee | 1 | $0 |
Alexis Mcgill Johnson Board Member | Trustee | 1 | $0 |
Eric K Ward Board Member | Trustee | 1 | $0 |
Steve Ralbovsky Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $36,168 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $36,168 |
| Total Program Service Revenue | $184,110 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $220,278 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $642,175 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $85,847 |
| Compensation of current officers, directors, key employees. | $7,726 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $44,444 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $5,564 |
| Payroll taxes | $9,967 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $6,498 |
| Fees for services: Accounting | $13,205 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $26,481 |
| Advertising and promotion | $672 |
| Office expenses | $338 |
| Information technology | $231 |
| Royalties | $0 |
| Occupancy | $3,000 |
| Travel | $1,214 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,199 |
| Insurance | $2,161 |
| All other expenses | $10 |
| Total functional expenses | $847,591 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $0 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $0 |
Grants Awarded
Over the last fiscal year, Revolutions Per Minute has awarded $597,390 in support to 23 organizations.
| Grant Recipient | Amount |
|---|---|
San Francisco, CA PURPOSE: GENERAL SUPPORT | $235,759 |
Louisville, KY PURPOSE: GENERAL SUPPORT | $62,790 |
New York, NY PURPOSE: GENERAL SUPPORT | $41,799 |
Chicago, IL PURPOSE: GENERAL SUPPORT | $34,114 |
Louisville, KY PURPOSE: GENERAL SUPPORT | $18,852 |
New Haven, CT PURPOSE: GENERAL SUPPORT | $17,595 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Revolutions Per Minute has recieved totaling $7,464.
| Awarding Organization | Amount |
|---|---|
Network For Good Inc Washington, DC PURPOSE: Unrestricted | $7,464 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The University Of Tennessee Foundat Ion Inc Knoxville, TN | $742,610,209 | $198,804,674 |
University Of Louisville Foundation Inc Louisville, KY | $1,075,988,166 | $43,496,002 |
Ohio University Foundation Athens, OH | $641,559,157 | $75,179,430 |
Old Dominion University Research Foundation Norfolk, VA | $35,170,684 | $51,598,508 |
University Of Virginia Darden School Foundation Charlottesville, VA | $664,692,543 | $80,428,705 |
William & Mary Foundation Williamsburg, VA | $1,122,551,962 | $79,373,462 |
University Of Virginia Foundation Charlottesville, VA | $508,958,321 | $36,530,024 |
Iu Medical Group Foundation Inc Indianapolis, IN | $256,189,183 | $45,380,536 |
University Health Services Inc Richmond, VA | $34,736,696 | $16,366,834 |
Medical College Of Virginia Foundation Richmond, VA | $645,911,510 | $54,318,573 |
University Of Memphis Foundation Memphis, TN | $175,396,802 | $38,710,840 |
Virginia Commonwealth University College Of Engineering Foundation Richmond, VA | $131,974,636 | $12,076,889 |