Friends Of Early Music Inc
- Assets
- $972.4k
- Revenue
- $257.8k
- Investments
- $0.0
- Employees
- 4
- Location
- Columbus, OH
- Founding
- 09/1988
- Data as of
- 06/2024
- EIN
- 31-1242710
Organization Overview
Friends Of Early Music Inc is located in Columbus, OH. The organization was established in 1988. According to its NTEE Classification (A11) the organization is classified as: Single Organization Support, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 06/2024, Friends Of Early Music Inc employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Friends Of Early Music 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 06/2024, Friends Of Early Music Inc generated $257.8k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 13.0% each year . All expenses for the organization totaled $211.5k during the year ending 06/2024. While expenses have increased by 10.9% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2024
Describe the Organization's Mission:
Part 3 - Line 1
PRESENTATION OF EARLY MUSIC PERFORMANCES
Describe the Organization's Program Activity:
Part 3 - Line 4a
PRESENTED A SERIES OF EARLY MUSIC CONCERTS FOR THE FISCAL YEAR IN FRANKLIN COUNTY,OHIO.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Hild Peersen Program Dire | Officer | 30 | $29,680 |
Lois Rosow President | OfficerTrustee | 2 | $0 |
Matthew Bester Vice Preside | OfficerTrustee | 1 | $0 |
Jacob Reed Secretary | OfficerTrustee | 1 | $0 |
Laurie Schmidt-Moats Treasurer | Trustee | 1 | $0 |
James Bates Trustee | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $201,007 |
| Noncash contributions included in lines 1a–1f | $15,201 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $201,007 |
| Total Program Service Revenue | $56,561 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $257,757 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $29,680 |
| Compensation of current officers, directors, key employees. | $4,748 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $37,620 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $875 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $19,742 |
| Office expenses | $1,948 |
| Information technology | $1,244 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,805 |
| All other expenses | $0 |
| Total functional expenses | $211,489 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $181,767 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $56,668 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $1,299 |
| Net Land, buildings, and equipment | $20,000 |
| Investments—publicly traded securities | $712,666 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $972,400 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $1,000 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $1,000 |
| Net assets without donor restrictions | $971,400 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $972,400 |