Friends Of The Musical Fountain Inc
- Assets
- $33.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Grand Haven, MI
- Founding
- Data as of
- 12/2023
- EIN
- 87-3560723
Organization Overview
Friends Of The Musical Fountain Inc is located in Grand Haven, MI. According to its NTEE Classification (S12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Friends Of The Musical Fountain Inc 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, Friends Of The Musical Fountain Inc generated $23.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (55.1%) each year. All expenses for the organization totaled $21.0k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (49.6%) per year over the past 2 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
ACCOMPLISHMENT OF SIGNIFICANT MAINTENANCE AND IMPROVEMENTS OF THE MUSICAL FOUNATIN
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jerome J Troke Jr President/treasurer | 10 | $0 | |
Terry L Stevens Vice President | 10 | $0 | |
D Andrew Cawthon Secretary | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $46,254 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $235 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $22,981 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $16,293 |
| Printing, publications, postage, and shipping | $575 |
| Other expenses | $4,156 |
| Total expenses | $21,024 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $31,365 |
| Other assets | $0 |
| Total assets | $33,577 |
| Total liabilities | $1,329 |
| Net assets or fund balances | $32,248 |