Shropshire Music Foundation
- Assets
- $110.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Kaysville, UT
- Founding
- 03/2000
- Data as of
- 12/2021
- EIN
- 95-4780064
Organization Overview
Shropshire Music Foundation is located in Kaysville, UT. The organization was established in 2000. 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. Shropshire 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.
For the year ending 12/2021, Shropshire Music Foundation generated $175.5k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 15.4% each year . All expenses for the organization totaled $119.7k during the year ending 12/2021. While expenses have increased by 10.7% per year over the past 6 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.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
PROVIDE FREE MUSICAL INSTRUMENTS AND INSTRUCTIONS TO FORMER CHILD SOLDIERS REFUGEES AND OTHERS EXPERIENCING TRAUMA DEVELOP YOUTH LEADERSHIP AND CAPACITY FOR PEACEMAKING THROUGH ESTABLISHMENT OF LOCALLY-RUN YOUTH-LED MUSIC EDUCATION PROGRAMS PROVIDING TRAUMA RELIEF SERVED APPROXIMATELY 170 INDIVIDUALS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Liz Shropshire Executive Director | 40 | $50,000 | |
Teresa Hulme Board Member | 5 | $6,700 | |
Monica Clay Vice President | 5 | $4,050 | |
Leeann Header Board Chair | 2 | $0 | |
Heidi Johnson Secretary | 2 | $0 | |
Stephen Clay Treasurer | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $157,333 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $18,135 |
| Total Revenue | $175,468 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $64,865 |
| Professional fees and other payments to independent contractors | $13,594 |
| Occupancy, rent, utilities, and maintenance | $10,841 |
| Printing, publications, postage, and shipping | $2,712 |
| Other expenses | $27,715 |
| Total expenses | $119,727 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $105,551 |
| Other assets | $0 |
| Total assets | $110,455 |
| Total liabilities | $10,976 |
| Net assets or fund balances | $99,479 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Shropshire Music Foundation has recieved totaling $16,550.
| Awarding Organization | Amount |
|---|---|
Vanguard Charitable Endowment Program Southeastern, PA PURPOSE: FOR RECIPIENT'S EXEMPT PURPOSE | $16,550 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Jazz At Aspen-Snowmass Aspen, CO | $5,325,438 | $11,239,996 |
Grand Teton Music Festival Inc Jackson, WY | $21,966,338 | $8,778,128 |
Colorado Music Festival Boulder, CO | $2,219,616 | $3,012,496 |
Amp The Cause Denver, CO | $134,793 | $2,222,228 |
Strings Music Festival Steamboat Springs, CO | $9,630,765 | $2,301,723 |
Swallow Hill Music Association Denver, CO | $6,215,784 | $6,402,960 |
Youth On Record Denver, CO | $1,879,684 | $1,486,408 |
Parlando Incorporated Boulder, CO | $1,273,068 | $2,033,961 |
Santa Fe Concert Association Santa Fe, NM | $379,174 | $1,132,324 |
The Vail Jazz Foundation Inc Vail, CO | $1,001,642 | $1,276,123 |
Suzuki Association Of The Americas Boulder, CO | $1,674,140 | $882,329 |
Foundation Music School Inc Fort Collins, CO | $326,525 | $861,230 |