National Piano Foundation
- Assets
- $3.5k
- Revenue
- $7.4k
- Investments
- $0.0
- Employees
- 0
- Location
- Dallas, TX
- Founding
- 03/1966
- Data as of
- 06/2024
- EIN
- 36-6129524
Organization Overview
National Piano Foundation is located in Dallas, TX. The organization was established in 1966. 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. National Piano 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 06/2024, National Piano Foundation generated $7.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (3.3%) each year. All expenses for the organization totaled $8.3k during the year ending 06/2024. As we would expect to see with falling revenues, expenses have declined by (1.5%) per year over the past 9 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2024
Describe the Organization's Program Activity:
Part 3 - Line 4a
PRODUCE AND DISTRIBUTE NEWSLETTERS, BROCHURES, WEBSITE AND RESEARCH REPORTS TO INFORM AND EDUCATE MEMBERS AND THE PUBLIC ABOUT THE JOYS AND BENEFITS OF PLAYING PIANO.
PUBLIC RELATIONS PROGRAMS TO INFORM AND EDUCATE MEMBERS AND THE PUBLIC ABOUT THE JOYS AND BENEFITS OF PLAYING PIANO AND ENCOURAGING ACTIVE PARTICIPATION IN MUSIC AND PIANO.
SCHOLARSHIPS TO ELIGIBLE PIANO TEACHERS TO ATTEND RECREATIONAL MUSIC MAKING PROGRAMS. RECREATIONAL MUSIC MAKING, TRAINING TRADITIONAL PIANO TEACHERS IN RECREATIONS APPROACHES AND RAISING AWARENESS AMONG ADULT LEARNERS OF THE BENEFITS OF PLAYING PIANO.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brian Chung First VP | 2 | $0 | |
Tom Lagomarsino President | 2 | $0 | |
Dan Rodowicz Treasurer | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $7,375 |
| Interest on Savings | $51 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $7,426 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $1,733 |
| Printing and publications | $0 |
| Other expenses | $808 |
| Total operating and administrative expenses | $3,291 |
| Contributions, gifts, grants paid | $5,000 |
| Total expenses and disbursements | $8,291 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $3,471 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $3,471 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, National Piano Foundation has awarded $13,516 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
19 PIANO TEACHERS PURPOSE: NATIONAL PIANO FOUNDATION IS OFFERING A LIMITED NUMBER OF $250 SCHOLARSHIPS TO MTNA PIANO TEACHERS WHO ARE INTERESTED IN LEARNING MORE ABOUT RECREATIONAL MUSIC MAKING (RMM). THESE SCHOLARSHIPS MUST BE USED FOR TRAVEL, LODGING, MEMBERSHIP, FEES AND OTHER COSTS ASSOCIATED WITH ATTENDING THE 2018 MTNA PEDAGOGY SATURDAY RMM TRACK. | $12,516 |
NATIONAL ASSOC FOR MUSIC EDUCATION PURPOSE: SPONSORSHIP | $1,000 |