Friends Of Dresden Music Foundation
- Assets
- $66.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Newport, RI
- Founding
- 07/2002
- Data as of
- 12/2021
- EIN
- 01-0623734
Organization Overview
Friends Of Dresden Music Foundation is located in Newport, RI. The organization was established in 2002. According to its NTEE Classification (A12) the organization is classified as: Fund Raising & Fund Distribution, 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. Friends Of Dresden 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, Friends Of Dresden Music Foundation generated $55.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (11.2%) each year. All expenses for the organization totaled $38.7k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (14.9%) per year over the past 5 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
2021
Describe the Organization's Program Activity:
Part 3
THE FOUNDATION RUNS A CONCERT SERIES AT THE NEW YORK YACHT CLUB ON 44TH STREET IN MANHATTAN
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Edwin G Fischer Jr Vice President | 1 | $0 | |
Christopher P Fox Treasurer | 1 | $0 | |
Saul Cohen Director | 1 | $0 | |
Frank N Ray Secretary | 1 | $0 | |
Timothea Larr Director | 1 | $0 | |
John Newman Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $37,638 |
| Total Program Service Revenue | $17,497 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $55,135 |
| 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 | $1,400 |
| Occupancy, rent, utilities, and maintenance | $1,050 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $31,212 |
| Total expenses | $38,662 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $66,467 |
| Other assets | $0 |
| Total assets | $66,467 |
| Total liabilities | $0 |
| Net assets or fund balances | $66,467 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Friends Of Dresden Music Foundation has recieved totaling $1,000.
| Awarding Organization | Amount |
|---|---|
Joe Lewis Jefferson Foundation Inc Weymouth, MA PURPOSE: FULFILL PURPOSES OF THE ORGANIZATION | $1,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Friends Of Bafta Us Inc Newton, MA | $772,944 | $2,742,181 |
Care 2 Communities Inc Boston, MA | $573,916 | $1,121,601 |
Alden Charitable Foundation Inc Guilford, CT | $1,432,875 | $1,622,574 |
Connecticut Education Association Danbury, CT | $521,509 | $877,281 |
Edwin Ginn Tr Art Xv Newbury Samuel P Etal Ttees Boston, MA | $7,811,701 | $1,130,793 |
Brookfield Arts Foundation Boston, MA | $290,733,793 | $3,562,084 |
The Cloud Artscience Foundation Cambridge, MA | $4,068,976 | $317,017 |
Ellen R Cohen Charitable Tr Newton, MA | $3,348,367 | $165,101 |
White Family Foundation Weston, MA | $6,436,374 | $352,170 |
Frank C & Christel W Nichols Ch Fd Boston, MA | $4,895,317 | $102,004 |
Albert N Parlin Tr U Art 3 Timothy F Fidgeon Etal Tr Boston, MA | $3,706,567 | $588,123 |
Lachaise Foundation Boston, MA | $3,943,991 | $202,990 |