William Thomas Mckinley Foundation For American Music
- Assets
- $98.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Bristol, RI
- Founding
- 02/2017
- Data as of
- 12/2023
- EIN
- 81-3119996
Organization Overview
William Thomas Mckinley Foundation For American Music is located in Bristol, RI. The organization was established in 2017. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, 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. William Thomas Mckinley Foundation For American Music 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 12/2023, William Thomas Mckinley Foundation For American Music generated $29.7k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 1.7% each year. All expenses for the organization totaled $56.9k during the year ending 12/2023. 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
2023 WAS AN EVENTFUL YEAR FOR THE FOUNDATION. IN THIS YEAR WE RECORDED A NUMBER OF WORKS BY MCKINLEY INCLUDING HIS FIRST QUARTET, TWO PIANO TRIOS, AND THE COMPLETION OF A RECORD OF VOCAL MUSIC. FURTHER ENGRAVING WAS DONE ON WORKS AND TITLED PUBLISHED VIA SUBITO MUSIC IN NEW YORK. THE FOUNDATION ALSO ASSISTED IN THE RECORDING OF AMERICAN COMPOSER DAVID POST'S MUSIC IN PRAGUE WITH A FEW SMALL CHAMBER WORKS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Elliott Mckinley President, Treasurer | 10 | $0 | |
Derrick Mckinley Vice President | 1 | $0 | |
Nathaniel Akers Secretary | 1 | $1 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $20,482 |
| Total Program Service Revenue | $8,420 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $762 |
| Total Revenue | $29,664 |
| 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 | $56,402 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $465 |
| Other expenses | $0 |
| Total expenses | $56,867 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $97,973 |
| Other assets | $0 |
| Total assets | $97,973 |
| Total liabilities | $0 |
| Net assets or fund balances | $97,973 |