Foundation Music School Inc

Organization Overview

Foundation Music School Inc is located in Fort Collins, CO. The organization was established in 2006. According to its NTEE Classification (A68) the organization is classified as: Music, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 08/2022, Foundation Music School Inc employed 27 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Foundation Music School 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 08/2022, Foundation Music School Inc generated $861.2k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.5% each year. All expenses for the organization totaled $809.5k during the year ending 08/2022. While expenses have increased by 8.9% per year over the past 7 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

2022

Describe the Organization's Mission:

Part 3 - Line 1

A NON-PROFIT COMMUNITY SCHOOL OF THE ARTS COMMITTED TO PROVIDING HIGH- QUALITY OPPORTUNITIES IN THE ARTS TO INTERESTED INDIVIDUALS OF ALL AGES, ABILITIES AND INCOMES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

EARLY CHILDHOOD, INSTRUMENT, OUTREACH AND SPECIAL NEEDS PROGRAMS - PROVIDING MUSIC & MOVEMENT PROGRAMS, INSTRUMENT LESSONS, ADAPTIVE LESSONS AND PRIVATE MUSIC THERAPY SERVICES TO STUDENTS AGES FROM BIRTH THRU ADULT. PROGRAMS ARE OFFERED IN SEVERAL DIFFERENT VENUES INCLUDING SUMMER CAMP AND POUDRE INDEPENDENT SCHOOL DISTRICT CLASSES. NEED-BASED SCHOLARSHIPS ARE PROVIDED TO LOW-INCOME/AT RISK STUDENTS.


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Board, Officers & Key Employees

Name (title)Compensation
Karen Parsell
Executive Di
$77,477
Nyle Kenning
Treasurer
$0
Michael Shover
President
$0
Bevin Luna
Board Member
$0
Jennifer Powell
Board Member
$0
Tami Uctuk
Board Member
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$39,914
Related organizations$0
Government grants $90,244
All other contributions, gifts, grants, and similar amounts not included above$197,727
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$327,885
Total Program Service Revenue$535,140
Investment income $97
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events -$3,795
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $861,230

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Foundation Music School Inc has recieved totaling $794.

Awarding OrganizationAmount
Richey May Cares Foundation

Englewood, CO

PURPOSE: FOUNDATION MUSIC SCHOOL IS NON-PROFIT COMMUNITY SCHOOL OF THE ARTS COMMITTED TO PROVIDING HIGH QUALITY ARTS OPPORTUNITIES TO ALL INDIVIDUALS REGARDLESS OF AGE, SKILL, ETHNICITY OR INCOME.

$794
View Grant Recipient Profile

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