Real Life Real Music Foundation
- Assets
- $31.3k
- Revenue
- $6.6k
- Investments
- $0.0
- Employees
- 0
- Location
- Magnolia, TX
- Founding
- 07/2016
- Data as of
- 12/2022
- EIN
- 81-3234279
Organization Overview
Real Life Real Music Foundation is located in Magnolia, TX. The organization was established in 2016. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Real Life Real Music Foundation 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 12/2022, Real Life Real Music Foundation generated $6.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (43.9%) each year. All expenses for the organization totaled $37.7k during the year ending 12/2022. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF THE REAL LIFE REAL MUSIC FOUNDATION IS TO BUILD AND PROMOTE THE VALUES TAUGHT BY JESUS CHRIST IN THE SECULAR WORLD AND MEDIA BY PROVIDING LIFE DEVELOPMENT RESOURCES AND MENTORING PROGRAMS TO MUSICAL ARTIST AND THEIR COMMUNITIES, FUNDING MUSICAL ARTISTIC ENDEAVORS, AND PROVIDING MUSICAL EDUCATION IN LOCAL COMMUNITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
COVID RELIEF EFFORTSPROVIDED SUPPORT TO OVER 40 MUSICIANS DURING THE INITIAL PHASE OF PANDEMIC LOCKDOWNS. PARTNERED WITH OTHER MUSIC RELATED FOUNDATIONS TO RAISE MONEY FOR MUSICIANS. WORKED WITH 20+ STUDENTS AND AT RISK YOUTH ONLINE TO PROVIDE SONGWRITING INSTRUCTION AND MUSIC EDUCATION DURING LOCKDOWN.
FOSTER CARE AWARENESS APPEARANCES & RESOURCESPRIOR TO THE PANDEMIC WE FACILITATED SEVERAL AWARENESS APPEARANCES AND MADE DEPOSITS FOR ARTISTS IN FUTURE APPEARANCES THAT HAVE BEEN RESCHEDULED FOR 2022. WE CONTINUED ONLINE DISTRIBUTION OF AWARENESS MATERIALS AND DEVELOPED A VIDEO PRESENTATION OF THE PLACE TO STAY PROGRAM TO BE HOUSED ONLINE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kyle Hutton Director | Trustee | 5 | $0 |
Steve Said Director | Trustee | 5 | $0 |
Mike Davis Director | Trustee | 5 | $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 | $5,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,000 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $1,591 |
| 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 | $6,591 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $5,000 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $17,950 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $2,500 |
| Office expenses | $15 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $765 |
| 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 | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $37,675 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $31,303 |
| 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 | $31,303 |
| 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 | $31,303 |
| 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 | $31,303 |
Grants Awarded
Over the last fiscal year, Real Life Real Music Foundation has awarded $26,900 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
OWN YOUR OWN UNIVERSE PURPOSE: Assistance | $4,400 |
HUCK FOUNDATION PURPOSE: Assistance | $15,000 |
SCHOOL OF ROCK - NEW BRAUNFELS PURPOSE: Assistance | $2,500 |
AGAPE RANCH PURPOSE: Assistance | $5,000 |