Freshgrass Public Foundation
- Assets
- $963.5k
- Revenue
- $943.1k
- Investments
- $0.0
- Employees
- 5
- Location
- San Francisco, CA
- Founding
- 03/2017
- Data as of
- 12/2021
- EIN
- 81-3680121
Organization Overview
Freshgrass Public Foundation is located in San Francisco, CA. The organization was established in 2017. According to its NTEE Classification (A68) the organization is classified as: Music, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2023, Freshgrass Public Foundation employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Freshgrass Public 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 12/2021, Freshgrass Public Foundation generated $943.1k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 0.2% each year. All expenses for the organization totaled $740.8k during the year ending 12/2021. While expenses have increased by 4.4% per year over the past 5 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 STIMULATE, PRESERVE, PROMOTE, AND SUSTAIN INTEREST IN AND APPRECIATION OF AMERICAN AND INTERNATIONAL ROOTS MUSIC INCLUDING BLUEGRASS, FOLK, AMERICANA, ALTERNATIVE COUNTRY, BLUES AND OTHER FORMS OF INNOVATIVE GRASSROOTS MUSIC AND TO ENCOURAGE [CONTINUED ON SCHEDULE O]
Describe the Organization's Program Activity:
Part 3 - Line 4a
FRESHGRASS PUBLIC FOUNDATION IS FOCUSED ON SUSTAINABLE SOLUTIONS FOR THE MUSIC INDUSTRY. WE PARTNER WITH WORLD-CLASS INSTITUTIONS SUCH AS THE OFFICE PERFORMING ARTS + FILM, MASS MOCA, THE MOMENTARY, BERKLEE COLLEGE OF MUSIC, SILKROAD, AND MANY OTHERS TO BRING WORLD CLASS PERFORMING ARTS EXPERIENCES TO LIFE. THE ORGANIZATIONS MISSION IS TO STIMULATE, PRESERVE, PROMOTE, AND SUSTAIN INTEREST IN AND APPRECIATION OF AMERICAN AND INTERNATIONAL ROOTS MUSIC INCLUDING BLUEGRASS, FOLK, AMERICANA, ALTERNATIVE COUNTRY, BLUES, AND OTHER FORMS OF INNOVATIVE GRASSROOTS MUSIC AND TO ENCOURAGE AND FACILITATE THE CREATION AND PERFORMANCE OF SUCH MUSIC.
II. NO DEPRESSION PROGRAM ACCOMPLISHMENTS NO DEPRESSION HAS BEEN THE ROOTS MUSIC AUTHORITY SINCE 1995. THOUGH IT BEGAN AS A PIONEERING PUBLICATION FOR ALT-COUNTRY COVERAGE, TODAY WE THINK OF ROOTS MUSIC AS AN UMBRELLA TERM THAT ENCOMPASSES FOLK, (ALT-)COUNTRY, BLUEGRASS, BLUES, SINGER-SONGWRITERS, ETC. ANY SORT OF MUSIC OF THE PEOPLE. CURRENTLY NO DEPRESSION COMPRISES A DAILY-UPDATED WEBSITE AND A LONG-FORM, COFFEE TABLE-STYLE, QUARTERLY PRINT JOURNAL, ALL PUBLISHED BY THE NONPROFIT FRESHGRASS FOUNDATION. YOU CAN FIND SOME BACKGROUND INFO ABOUT ND ON OUR WEBSITE, IN THIS STORY FROM THE COLUMBIA JOURNALISM REVIEW, OR IN THIS PIECE ON WMOT. YOU CAN ALSO GET AN IDEA OF WHAT WE COVER IN PRINT BY READING SOME OF OUR (CONTINUED ON SCHEDULE O)
I. FOLK ALLEY PROGRAM ACCOMPLISHMENTSINTERNET/TERRESTRIAL RADIO:--------------------------- FOLK ALLEY IS A NONPROFIT, LISTENER-SUPPORTED, INTERNET RADIO SERVICE THAT DELIVERS A 24/7, HOSTED, ECLECTIC MIX OF TRADITIONAL FOLK, CONTEMPORARY SINGER/SONGWRITERS, ROOTS, AND AMERICANA MUSIC TO LISTENERS ALL OVER THE WORLD. IN ADDITION, TO THE FLAGSHIP HOSTED CHANNEL, FOLK ALLEY ALSO PROVIDES LISTENERS WITH AN OPPORTUNITY TO HEAR A VARIETY OF UN-HOSTED SIDE CHANNELS, INCLUDING CLASSIC FOLK, IRISH MUSIC, DECEMBER HOLIDAY MUSIC, THE HALLOWEEN SCREAM STREAM, AND FRESH CUTS - WHICH INCLUDES (CONTINUED ON SCHEDULE O)
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Maureen Cross Treasurer | Officer | 10 | $75,000 |
Chris Wadsworth President | OfficerTrustee | 10 | $0 |
Rachel Chanoff Director | Trustee | 1 | $0 |
Joseph Thompson Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $884,735 |
| Investment income | $6 |
| 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 | $8,402 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $943,143 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $130,208 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $18,000 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $56,250 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $7,041 |
| Payroll taxes | $5,862 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $155 |
| Fees for services: Accounting | $4,839 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $89,649 |
| Advertising and promotion | $0 |
| Office expenses | $540 |
| Information technology | $9,649 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $16,730 |
| 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 | $2,311 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $740,759 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $372,980 |
| 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 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $570,287 |
| Intangible assets | $20,187 |
| Other assets | $0 |
| Total assets | $963,454 |
| Accounts payable and accrued expenses | $2,601 |
| 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 | $2,080 |
| Total liabilities | $4,681 |
| Net assets without donor restrictions | $958,773 |
| 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 |
| Total liabilities and net assets/fund balances | $958,773 |
Grants Awarded
Over the last fiscal year, Freshgrass Public Foundation has awarded $73,800 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
HUMBLE ABODE MUSIC PURPOSE: Album Fund Grant and Freshscores | $12,500 |
KRONOS PERFORMING ARTS ASSOC PURPOSE: Composition Commission | $50,000 |
NATION BEAT MUSIC PURPOSE: Album Fund Grant | $11,300 |