Annapolis Musicians Fund For Musicians Inc

Organization Overview

Annapolis Musicians Fund For Musicians Inc is located in Annapolis, MD. The organization was established in 2007. According to its NTEE Classification (P60) the organization is classified as: Emergency Assistance, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Annapolis Musicians Fund For Musicians 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 08/2023, Annapolis Musicians Fund For Musicians Inc generated $99.1k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 4.6% each year. All expenses for the organization totaled $70.9k during the year ending 08/2023. While expenses have increased by 3.5% per year over the past 8 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 990EZ Filing

TAX YEAR

2023

Describe the Organization's Program Activity:

Part 3

DURING THE FISCAL YEAR THAT ENDED AUGUST 31, 2023, THE AMFM BOARD OF DIRECTORS APPROVED APPLICATIONS FOR LOST WORK BENEFITS SUBMITTED BY THIRTY-SIX (36) QUALIFIED ANNAPOLIS AREA MUSICIANS, IN THE TOTAL AMOUNT OF $30,942. ADDITIONALLY, $19,000 WAS GRANTED TO THREE (3) DIFFERENT APPLICANTS FOR CATASTROPHIC BENEFITS. DURING THIS PERIOD AND AS PART OF THE ORGANIZATIONS YOUTH PROGRAMS, $2,450 IN MUSICAL AND VOCAL INSTRUCTION BENEFITS WERE PAID PRIMARILY FOR UNDERSERVED SCHOOL-AGE STUDENTS FROM THE TIM KING SCHOLARSHIP FUND. THE BOARD OF DIRECTORS ALSO APPROVED A TOTAL DONATION OF $6,000 TO FOUR ANNAPOLIS AREA 501(C)(3) ORGANIZATIONS FOR THEIR SUMMER MUSICAL EDUCATION PROGRAMS SO THAT UNDERSERVED YOUTH COULD ATTEND THOSE PROGRAMS, AND AWARDED $5,000 FOR A COLLEGE SCHOLARSHIP TO AN INCOMING COLLEGE FRESHMAN FROM THE GREATER ANNAPOLIS AREA WHO WOULD BE MAJORING IN MUSIC PERFORMANCE.


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Board, Officers & Key Employees

Name (title)Compensation
Michael Kocher
Director
$0
Sean M O'neill
Treasurer
$0
Jeanette Kreuzberg
Director
$0
Larry Byrne
Secretary
$0
Pamela J Thomas
President
$0
Brian Cahalan
Director
$0

Financial Statements

Statement of Revenue
Total Revenue from Contributions, Gifts, Grants & Similar$107,431
Total Program Service Revenue$0
Membership dues$0
Investment income $1,185
Gain or Loss$0
Net Income from Gaming & Fundraising-$9,561
Other Revenue$0
Total Revenue$99,055

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