Muscle Shoals Songwriters Foundation
- Assets
- $25.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Sheffield, AL
- Founding
- Data as of
- 12/2023
- EIN
- 85-4001245
Organization Overview
Muscle Shoals Songwriters Foundation is located in Sheffield, AL. 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. Muscle Shoals Songwriters Foundation 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 12/2023, Muscle Shoals Songwriters Foundation generated $137.1k in total revenue. All expenses for the organization totaled $174.6k during the year ending 12/2023.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
THE FOUNDATIONS PURPOSE IS TO PROVIDE SUPPORT FOR SONGWRITERS, MUSICIANS, AND OTHER ORGANIZATIONS THAT SHARE A SIMILAR PASSION. THE FOUNDATION PLANS TO HOLD AN ANNUAL FESTIVAL TO BRING SONGWRITERS, MUSICIANS, AND ORGANIZATIONS TOGETHER. OUR GOAL IS TO ENDORSE EDUCATION AND EXPOSURE, PARTICIPATE IN COMMUNITY OUTREACH, INCLUDING POTENTIALLY PROVIDING SUPPORT TO OTHER ORGANIZATIONS, AND PROMOTE THE ARTS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lillian Glanton President | 0 | $0 | |
Daphne Harding Smith Secretary | 0 | $0 | |
Lindsay Smith Siddall Director | 0 | $0 | |
Phillip White Director | 0 | $0 | |
Gary Baker Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $114,017 |
| Total Program Service Revenue | $23,100 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $137,117 |
| 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 | $6,846 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $167,794 |
| Total expenses | $174,640 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $25,013 |
| Other assets | $0 |
| Total assets | $25,013 |
| Total liabilities | $55,878 |
| Net assets or fund balances | -$30,865 |