Music Portland
- Assets
- $64.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Portland, OR
- Founding
- 06/2019
- Data as of
- 12/2022
- EIN
- 82-3731009
Organization Overview
Music Portland is located in Portland, OR. The organization was established in 2019. According to its NTEE Classification (S40) the organization is classified as: Business & Industry, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Music Portland is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2022, Music Portland generated $87.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (23.4%) each year. All expenses for the organization totaled $134.8k during the year ending 12/2022. 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
2022
Describe the Organization's Program Activity:
Part 3
SEE ATTACHED
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kate Obrien President | 2 | $0 | |
Anthony Messano Treasurer | 1 | $0 | |
Missi Hasting Secretary | 1 | $0 | |
Meara Mclaughlin Executive Director | 40 | $2,750 | |
Jamie Dunphy Board Member | 1 | $0 | |
Adam Gonsalves Board Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $26,885 |
| Total Program Service Revenue | $0 |
| Membership dues | $26,846 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $33,362 |
| Total Revenue | $87,093 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $37,389 |
| Professional fees and other payments to independent contractors | $27,357 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $134 |
| Other expenses | $28,370 |
| Total expenses | $134,750 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $16,642 |
| Other assets | $0 |
| Total assets | $64,451 |
| Total liabilities | $2,085 |
| Net assets or fund balances | $62,366 |