The Tuesday Musicale Of Detroit
- Assets
- $582.9k
- Revenue
- $9.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Grosse Pointe Shores, MI
- Founding
- 07/1945
- Data as of
- 06/2021
- EIN
- 38-6090128
Organization Overview
The Tuesday Musicale Of Detroit is located in Grosse Pointe Shores, MI. The organization was established in 1945. 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. Tuesday Musicale Of Detroit 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 06/2021, Tuesday Musicale Of Detroit generated $9.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (28.0%) each year. All expenses for the organization totaled $17.5k during the year ending 06/2021. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO EDUCATE AND STIMULATE INTEREST IN CLASSICAL MUSIC
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION NORMALLY CONDUCTS SEVERAL LUNCHEON, SEVERAL MORNING AND EVENING CONCERTS, AND STUDENT LEAGUE RECOGNITION RECEPTIONS FOR THE BENEFIT OF APPROXIMATELY 60 PEOPLE EACH EVENTS. MOST EVENTS WERE SUSPENDED DURING THE CURRENT YEAR DUE TO COVID-19.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dina Soresi Winter President | OfficerTrustee | 30 | $0 |
Yuki Mack 2nd Vice-President | OfficerTrustee | 3 | $0 |
Dalos Grobe Financial Secretary | OfficerTrustee | 3 | $0 |
Norma Keil Shaw Recording Secretary | OfficerTrustee | 3 | $0 |
Eric Winter Corresponding Secretary | OfficerTrustee | 10 | $0 |
Harry D Pevos Treasurer | OfficerTrustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $925 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $740 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,665 |
| Total Program Service Revenue | $1,125 |
| Investment income | $6,202 |
| 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 | $8,992 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| 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 | $2,790 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $750 |
| Office expenses | $323 |
| Information technology | $0 |
| 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 | $0 |
| All other expenses | $13,008 |
| Total functional expenses | $17,478 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $22,634 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $505,942 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $54,338 |
| Total assets | $582,914 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $528,576 |
| Net assets with donor restrictions | $54,338 |
| 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 | $582,914 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
University Musical Society Ann Arbor, MI | $42,227,393 | $9,895,639 |
Flint And Genesee Chamber Foundation Flint, MI | $674,613 | $5,341,436 |
Sphinx Organization Inc Detroit, MI | $23,511,690 | $14,240,622 |
Detroit Jazz Festival Productions Inc Harper Woods, MI | $289,388 | $2,953,500 |
Detroit Jazz Festival Foundation Harper Woods, MI | $1,089,629 | $3,431,745 |
Irving S Gilmore International Keyboard Festival Kalamazoo, MI | $14,163,453 | $2,605,010 |
Percussive Arts Society Inc Indianapolis, IN | $5,047,679 | $2,367,696 |
Rainey Institute Cleveland, OH | $11,251,048 | $1,722,143 |
Musical Arts Assn Orch End Fd Brooklyn, OH | $16,962,824 | $1,881,945 |
St Cecilia Music Society Grand Rapids, MI | $7,058,689 | $2,105,798 |
Alive On The Lakeshore Muskegon, MI | $1,205,753 | $606,207 |
Great American Songbook Foundation Inc Carmel, IN | $8,944,393 | $1,441,715 |