National Federation Of Music Clubs
- Assets
- $55.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Taylors, SC
- Founding
- 02/2002
- Data as of
- 06/2024
- EIN
- 84-1715894
Organization Overview
National Federation Of Music Clubs is located in Taylors, SC. The organization was established in 2002. 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 a subordinate organization within an affiliated group for tax-exemption purposes. National Federation Of Music Clubs 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 06/2024, National Federation Of Music Clubs generated $20.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (16.6%) each year. All expenses for the organization totaled $21.4k during the year ending 06/2024. As we would expect to see with falling revenues, expenses have declined by (16.6%) per year over the past 9 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Barbara Gulley Treasurer | 10 | $0 | |
Ellen Martin 1st Vice Pres. | 7 | $0 | |
Dana Boney President | 7 | $0 | |
Andrea Riddle Secretary | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $14,875 |
| Total Program Service Revenue | $1,290 |
| Membership dues | $3,958 |
| Investment income | $495 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $20,618 |
| 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 | $240 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $241 |
| Other expenses | $20,961 |
| Total expenses | $21,442 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $54,987 |
| Other assets | $0 |
| Total assets | $54,987 |
| Total liabilities | $0 |
| Net assets or fund balances | $54,987 |