Successful Inc
- Assets
- $116.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Cordova, TN
- Founding
- 11/2019
- Data as of
- 12/2022
- EIN
- 83-2609179
Organization Overview
Successful Inc is located in Cordova, TN. The organization was established in 2019. According to its NTEE Classification (A68) the organization is classified as: Music, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Successful Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
IN THE YEAR ENDED DECEMBER 31, 2022, SUCCESSFUL INC DISTRIBUTED 35 MUSICAL INSTRUMENTS, 35 MUSICAL INSTRUMENT CASES, 7 DRUM CARRIER KITS, 1 CONCERT DRUM STAND, AND OVER 117 ACCESSORIES TO 35 DESERVING BAND STUDENTS. SUCCESSFUL INC DID PRESENTATIONS AT OVER FIVE SCHOOL BAND AWARDS PROGRAMS TO PROMOTE MUSIC EDUCATION AND ITS IMPORTANCE AS WELL AS RECOGNIZE THE BAND STUDENTS AND THE MUSIC EDUCATION TEACHERS WHO MAKE A DIFFERENCE IN THEIR STUDENTS' LIVES. SUCCESSFUL INC DID OUTREACH TO OVER 10 BAND DIRECTORS IN MISSISSIPPI AND OVER 10 BAND DIRECTORS IN TENNESSEE. SUCCESSFUL INC ADVISED SEVERAL BAND BOOSTER PRESIDENTS/MEMBERS, AS WELL AS CONCERNED PARENTS AND COMMUNITY MEMBERS IN MISSISSIPPI, TENNESSEE, AND ARKANSAS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Erskin Mitchell Jr Executive Director | 35 | $33,000 | |
Kibie Funches Director | 1 | $0 | |
Richard Mathis Secretary/treasurer | 2 | $0 | |
Kerry Ann Simon Director | 1 | $0 | |
Anne Sparrenberger Director | 1 | $0 | |
Ricko Washington Chairperson | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $193,085 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $193,085 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $33,000 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $2,097 |
| Other expenses | $6,968 |
| Total expenses | $83,789 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $9,111 |
| Other assets | $0 |
| Total assets | $116,009 |
| Total liabilities | $45 |
| Net assets or fund balances | $115,964 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Successful Inc has recieved totaling $46,689.
| Awarding Organization | Amount |
|---|---|
Save The Music Foundation New York, NY PURPOSE: MUSIC EDUCATION | $46,689 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Jazz St Louis St Louis, MO | $11,818,193 | $2,884,733 |
Birthplace Of Country Music Alliance Bristol, TN | $15,699,295 | $2,559,665 |
Musicians On Call Inc Nashville, TN | $3,633,934 | $3,486,106 |
Ragtag Film Society Columbia, MO | $1,382,564 | $1,866,748 |
Radio Arts Foundation Clayton, MO | $3,517,540 | $1,458,263 |
Garth Newel Music Center Foundation Corp Warm Springs, VA | $11,030,155 | $3,286,449 |
Blues Foundation Inc Memphis, TN | $4,533,935 | $1,249,645 |
Songbirds Foundation Inc Chattanooga, TN | $16,669,845 | $490,877 |
Community Arts Association In Newton County Inc Covington, GA | $760,838 | $850,953 |
Virginia Musical Theatre Inc Virginia Beach, VA | $428,462 | $648,568 |
Musicians Hall Of Fame And Museum Nashville, TN | $2,497,299 | $1,370,985 |
Jazzarts Charlotte Charlotte, NC | $599,650 | $885,033 |