Columbus Music Commission
- Assets
- $152.3k
- Revenue
- $331.6k
- Investments
- $0.0
- Employees
- 3
- Location
- Columbus, OH
- Founding
- 07/2016
- Data as of
- 12/2021
- EIN
- 81-1531218
Organization Overview
Columbus Music Commission is located in Columbus, OH. The organization was established in 2016. According to its NTEE Classification (S30) the organization is classified as: Economic Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2021, Columbus Music Commission employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Columbus Music Commission 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 12/2021, Columbus Music Commission generated $331.6k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 30.1% each year . All expenses for the organization totaled $287.2k during the year ending 12/2021. While expenses have increased by 28.9% per year over the past 3 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO CONNECT MUSIC MAKERS, MUSIC COMMERCE AND COMMUNITY TO ENGAGE IN CREATING, PERFORMING AND PROMOTING GREAT MUSIC.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO CONNECT MUSIC MAKERS, MUSIC COMMERCE AND COMMUNITY TO ENGAGE IN CREATING, PERFORMING AND PROMOTING GREAT MUSIC.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bruce Garfield Executive Di | Officer | 40 | $90,000 |
Adam Friedman Board Chair | OfficerTrustee | 2 | $0 |
Robert Shenton Treasurer | OfficerTrustee | 2 | $0 |
Erin Beck Secretary | OfficerTrustee | 2 | $0 |
Alec Wightman Member | Trustee | 1 | $0 |
Brooke Paul Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $18,353 |
| All other contributions, gifts, grants, and similar amounts not included above | $313,276 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $331,629 |
| Total Program Service Revenue | $0 |
| 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 | $331,629 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $90,000 |
| Compensation of current officers, directors, key employees. | $9,000 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $44,679 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $12,042 |
| Fees for services: Management | $52,769 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,070 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $35,211 |
| Office expenses | $6,785 |
| Information technology | $9,385 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $8,075 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $6,556 |
| All other expenses | $0 |
| Total functional expenses | $287,197 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $146,581 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $5,000 |
| 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 | $717 |
| 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 | $152,298 |
| Accounts payable and accrued expenses | $4,805 |
| 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 | $4,805 |
| Net assets without donor restrictions | $147,493 |
| 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 | $152,298 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Columbus Music Commission has recieved totaling $147,025.
| Awarding Organization | Amount |
|---|---|
Greater Columbus Arts Council Inc Columbus, OH PURPOSE: GRANTS TO PROMOTE ART AND CULTURE IN COLUMBUS | $125,000 |
Columbus Foundation Columbus, OH PURPOSE: ARTS AND HUMANITIES | $22,025 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Marshall University Research Corporation Huntington, WV | $66,297,155 | $55,595,334 |
Pidc-Developement Management Corporation Philadelphia, PA | $0 | $30,722,052 |
16 Tech Community Corporation Indianapolis, IN | $90,414,871 | $43,820,376 |
Delaware River Waterfront Corporation Philadelphia, PA | $26,551,411 | $24,883,136 |
T R W I B Inc Pittsburgh, PA | $14,392,055 | $22,959,509 |
Invest Detroit Foundation Detroit, MI | $154,389,743 | $12,808,930 |
Wright Brothers Institute Inc Dayton, OH | $23,307,656 | $22,085,089 |
Pidc Financing Corp Philadelphia, PA | $6,556,052 | $18,403,713 |
Visit Indy Inc Indianapolis, IN | $20,981,890 | $14,589,218 |
Purchase Area Development District Inc Mayfield, KY | $0 | $14,269,202 |
The Convention And Visitors Bureau Of Greater Cleveland Inc Cleveland, OH | $25,296,918 | $17,425,666 |
Ridc Regional Growth Fund Pittsburgh, PA | $36,670,171 | $9,947,122 |