Roots Music Project Foundation

Organization Overview

Roots Music Project Foundation, operating under the name Roots Music Project, is located in Boulder, CO. According to its NTEE Classification (A24) the organization is classified as: Folk Arts, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2023, Roots Music Project employed 14 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Roots Music Project 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, Roots Music Project generated $701.3k in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 73.6% each year . All expenses for the organization totaled $675.7k during the year ending 12/2023. While expenses have increased by 80.8% per year over the past 2 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

TO FOSTER LIVE MUSIC CULTURE IN COLORADO.

Describe the Organization's Program Activity:

Part 3 - Line 4a

ARTIST EVENTS - EMPOWERING MUSICIANS, AUDIENCES, AND VENUES TO CONNECT AND CREATE A THRIVING AND INSPIRING LOCAL MUSIC SCENE.


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Board, Officers & Key Employees

Name (title)Compensation
David Kennedy
Treasurer & President
$0
Rick Gabler
Director & Secretary
$0
Ian Steele
Director & Vice President
$13,253
Fiona Oren
Director
$0
Jon Oren
Director
$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$461,703
Noncash contributions included in lines 1a–1f $1,700
Total Revenue from Contributions, Gifts, Grants & Similar$461,703
Total Program Service Revenue$239,569
Investment income $0
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 $701,272

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