Cranbrook Music Guild Inc
- Assets
- $85.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Bloomfield Hills, MI
- Founding
- 10/1956
- Data as of
- 05/2024
- EIN
- 38-6078902
Organization Overview
Cranbrook Music Guild Inc is located in Bloomfield Hills, MI. The organization was established in 1956. According to its NTEE Classification (A26) the organization is classified as: Arts & Humanities Councils & Agencies, 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. Cranbrook Music Guild 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 05/2024, Cranbrook Music Guild Inc generated $8.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (19.6%) each year. All expenses for the organization totaled $34.0k during the year ending 05/2024. 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
2024
Describe the Organization's Program Activity:
Part 3
DUE TO COVID AND LIMITED ATTENDANCE CONCERTS ARE FREE. DONATIONS ARE ACCEPTED.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert M Carrigan President | 6 | $0 | |
Ruth Carrigan Treasurer | 1 | $0 | |
Laurence Irwin Secretary | 1 | $0 | |
Margot Kohler Trustee | 1 | $0 | |
Robert Tera Trustee | 1 | $0 | |
Margaret Ann Rendziperous Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,896 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $2,580 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $8,476 |
| 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 | $18,604 |
| Occupancy, rent, utilities, and maintenance | $3,500 |
| Printing, publications, postage, and shipping | $6,225 |
| Other expenses | $5,672 |
| Total expenses | $34,001 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $84,950 |
| Other assets | $0 |
| Total assets | $84,950 |
| Total liabilities | $0 |
| Net assets or fund balances | $84,950 |