Maverick City Music Initiative Inc
- Assets
- $254.6k
- Revenue
- $374.8k
- Investments
- $0.0
- Employees
- 1
- Location
- Atlanta, GA
- Founding
- Data as of
- 12/2021
- EIN
- 85-2875780
Organization Overview
Maverick City Music Initiative Inc is located in Atlanta, GA. 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. Maverick City Music Initiative 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
MAVERICK CITY MUSIC INITIATIVE (MCMI) EXISTS TO HELP PEOPLE FEEL SEEN, HEARD AND EMPOWERED TO LIVE OUT THEIR GOD GIVEN PURPOSE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
IN 2021, MCMI HOSTED 4 WRITING CAMPS FOR YOUTH IN COMMUNITIES AFFECTED BY MASS INCARCERATION PROVIDING AN IMMERSIVE EXPERIENCE WITH MUSIC INDUSTRY PROFESSIONALS AS WELL AS MOTIVATIONAL AND CHRISTIAN SPEAKERS. OVER 60 STUDENTS WERE GIVEN THE OPPORTUNITY, TOOLS AND RESOURCES TO WRITE LYRICS, PRODUCE MUSIC AND RECORD MUSIC. DURING THE WRITING CAMPS YOUTH WERE EMPOWERED TO BE POSITIVE ROLE MODELS AND APPLY LIFE MOTTOS THAT WILL HELP THEM STAY OUT OF TROUBLE AND SUCCEED. THE CAMPS WERE FREE TO PARTICIPANTS AND ALL INCLUSIVE WITH LODGING, FOOD AND PROGRAM MATERIALS.
IN 2021, MCMI ALSO HOSTED 2 WRITING CAMPS INSIDE DETENTION FACILITIES FOR INMATES. INMATES WERE GIVEN THE OPPORTUNITY TO WRITE AND RECORD WITH MAVERICK CITY MUSIC ARTISTS AND HAVE THEIR TALENTS AND VOICES GIVEN AN UNHEARD OF PLATFORM. OVER 100 INMATES PARTICIPATED IN THESE WRITING CAMPS HOSTED AT 2 DIFFERENT PRISONS.
IN 2021, MCMI ASSISTED WITH THE FUNERAL EXPENSES OF AN INMATE'S DECEASED PARENT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Carl J Rumsey Program Director | OfficerTrustee | 40 | $28,277 |
Norman Gyamfi Board Member | Trustee | 0.1 | $0 |
Scott Ballauf Board Member | Trustee | 0.1 | $0 |
Jonathan Jay Board Member | Trustee | 0.1 | $0 |
Anthony Brown Board Member | Trustee | 0.1 | $0 |
James Butler Board Member | Trustee | 0.1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $374,800 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $374,800 |
| Total Program Service Revenue | $0 |
| Investment income | $5 |
| 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 | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $374,805 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $9,529 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $28,277 |
| Compensation of current officers, directors, key employees. | $5,655 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $2,343 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $418 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $15,478 |
| Office expenses | $2,017 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $3,060 |
| Travel | $4,505 |
| 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 | $0 |
| Insurance | $0 |
| All other expenses | $3,480 |
| Total functional expenses | $121,089 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $235,987 |
| Savings and temporary cash investments | $18,604 |
| 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 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $254,591 |
| Accounts payable and accrued expenses | $0 |
| 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 | $875 |
| Total liabilities | $875 |
| Net assets without donor restrictions | $0 |
| 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 |
| Retained earnings, endowment, accumulated income, or other funds | $253,716 |
| Total liabilities and net assets/fund balances | $254,591 |
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|---|---|---|
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Varna International Music Academy Columbia, SC | $449,855 | $1,227,146 |
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