Opus Music Foundation is located in Irvine, CA. 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. Opus 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.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
THE FOUNDATION ADIS YOUNG MUSICIANS' DEVELOPMENT FOCUSING IN THE AREA WHERE PRIVATE INSTRUCTION ARE NOT ABLE TO REACH. WE PROVIDED A PLATFORM FOR SELF EXPRESSION & LEARNING OPPPORTUNITIES WHICH LEAVE POSITIVE IMPACT WITHIN SELF AND IN THE COMMUNITY.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Yi Dong President & CEO | 4 | $1,500 | |
Kanae Komugi Secretary | 4 | $0 | |
Bella Tseng CFO | 4 | $2,350 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $50,000 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $5 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $12,655 |
Other Revenue | $0 |
Total Revenue | $62,660 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $3,850 |
Professional fees and other payments to independent contractors | $10,575 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $15,917 |
Total expenses | $30,342 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $64,873 |
Other assets | $0 |
Total assets | $64,873 |
Total liabilities | $160 |
Net assets or fund balances | $64,713 |