Harmony Foundation International Inc
- Assets
- $6.0m
- Revenue
- $2.7m
- Investments
- $0.0
- Employees
- 13
- Location
- Nashville, TN
- Founding
- 01/1964
- Data as of
- 09/2021
- EIN
- 39-6073041
Organization Overview
Harmony Foundation International Inc is located in Nashville, TN. The organization was established in 1964. According to its NTEE Classification (A6B) the organization is classified as: Singing & Choral Groups, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 09/2021, Harmony Foundation International Inc employed 13 individuals. This organization is the central organization for a national or regional group of organizations. Harmony Foundation International 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 09/2021, Harmony Foundation International Inc generated $2.7m 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 (3.7%) each year. All expenses for the organization totaled $2.3m during the year ending 09/2021. As we would expect to see with falling revenues, expenses have declined by (5.8%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Harmony Foundation International Inc has awarded 134 individual grants totaling $5,490,911. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO CONNECT PEOPLE THROUGH CHARITABLE GIVING TO ENRICH LIVES THROUGH SINGING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CONNECT - RAISING AWARENESSTHE FOUNDATION'S CONNECT PROGRAM INVESTS IN AWARENESS, EDUCATION, AND SCHOLARSHIP OPPORTUNITIES FOR EDUCATORS, SINGERS, CHORAL DIRECTORS, AND COACHES. IT PROVIDES RESOURCE MATERIALS TO LOCAL COMMUNITIES OF SINGERS. THE CONNECT PROGRAM EDUCATES SINGER AND NON-SINGER POPULATIONS TO THE BENEFITS OF SINGING IN COMMUNITY HARMONY. BY CONNECTING PEOPLE WITH ONE ANOTHER, THE FOUNDATION IS ENCOURAGING ALL GENERATIONS FROM ALL BACKGROUNDS TO BREAK DOWN BARRIERS AND ACTIVELY ENGAGE WITH, AND INCLUDE OTHERS IN AN ACTIVITY THAT CREATES HARMONY WITH THEIR VOICES, IN THEIR NEIGHBORHOODS, THEIR SCHOOLS, THEIR WORKPLACES, THEIR HOMES, AND THE WORLD. BY PROVIDING EDUCATIONAL OPPORTUNITIES, THE FOUNDATION ENCOURAGES PERPETUATION OF ARTS AND CULTURE IN COMMUNITIES ALONG WITH THE DISCIPLINES AND BENEFITS THAT FURTHER ENHANCE THE SKILLS, TECHNIQUES, AND KNOWLEDGE TO PROMOTE LIFELONG COMMUNITY SINGING.
ENRICH - RAISING HOPETHE FOUNDATION'S ENRICH PROGRAM PROVIDES OPPORTUNITIES FOR LIVES TO BE ENRICHED THROUGH SINGING - TO BOTH SINGERS AND NON-SINGERS - THROUGH PERFORMANCES, COMMUNITY ENGAGEMENTS, PROGRAMS AND EVENTS, CONVENTIONS, AND CELEBRATIONS. THE FOUNDATION SUPPORTS SHARING THE GIFT OF SINGING AS AN EXTRAORDINARY MEANS OF SELF-EXPRESSION AND SELF-ACTUALIZATION, MAKING LIVES MORE ENJOYABLE, SATISFYING, MEANINGFUL, AND PURPOSEFUL. INVESTMENTS IN THE ENRICH PROGRAM PROVIDE FINANCIAL AND OTHER SERVICES TO LOCAL COMMUNITIES OF SINGERS BHS CHAPTERS, BHS DISTRICTS, AND OTHER ORGANIZATIONS TO ENCOURAGE SINGER AND AUDIENCE PARTICIPATION, AS WELL AS ADD VALUE TO COMMUNITY EVENTS WITH STAFF PARTICIPATION. THROUGH THE ENRICH PROGRAM, THE FOUNDATION DEMONSTRATES THAT SINGING TOGETHER CELEBRATES THE BEST OF TIMES, AND PROVIDES STRENGTH, HOPE AND INSPIRATION TO PERSEVERE THROUGH THE WORST OF TIMES.
SING - RAISING VOICESTHE FOUNDATION'S SING PROGRAM INVESTS IN THE SINGING ART FORMS, WITH A SIGNIFICANT EMPHASIS ON FOUR-PART VOCAL "BARBERSHOP" HARMONY. THE FOUNDATION PROVIDES GRANT AND SCHOLARSHIP FUNDING FOR SINGING PARTICIPATION ACTIVITIES TO ENCOURAGE AND SUPPORT PROGRAMS THROUGHOUT THE COUNTRY THAT PROMOTE, DEVELOP, AND ADVANCE OPPORTUNITIES FOR LIFELONG SINGING TO PEOPLE OF ALL AGES AND BACKGROUNDS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dr Perry D White Ex Officio, Hfi President | Officer | 50 | $154,549 |
Carolyn Faulkenberry CFO | Officer | 50 | $118,670 |
Sherri Matthews Secretary | OfficerTrustee | 6 | $0 |
Kendall Williams Chair | OfficerTrustee | 10 | $0 |
Donald A Laursen Treasurer | OfficerTrustee | 10 | $0 |
Gary Plaag Immediate Past Chair | OfficerTrustee | 6 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $384,269 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,731,250 |
| Noncash contributions included in lines 1a–1f | $112,317 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,115,519 |
| Total Program Service Revenue | $0 |
| Investment income | $129,198 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $435,240 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,692,504 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $553,030 |
| 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. | $325,632 |
| Compensation of current officers, directors, key employees. | $114,397 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $541,457 |
| Pension plan accruals and contributions | $29,913 |
| Other employee benefits | $48,894 |
| Payroll taxes | $62,157 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $233,976 |
| Fees for services: Accounting | $21,855 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $28,380 |
| Fees for services: Other | $61,908 |
| Advertising and promotion | $12,568 |
| Office expenses | $56,107 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $16,045 |
| 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 | $10,696 |
| All other expenses | $5,988 |
| Total functional expenses | $2,254,003 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $180,297 |
| Savings and temporary cash investments | $454,662 |
| Pledges and grants receivable | $512,004 |
| Accounts receivable, net | $72,522 |
| 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 | $44,372 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $4,112,566 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $599,800 |
| Total assets | $5,976,223 |
| Accounts payable and accrued expenses | $69,025 |
| Grants payable | $77,605 |
| 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 | $368,460 |
| Other liabilities | $0 |
| Total liabilities | $515,090 |
| Net assets without donor restrictions | $647,774 |
| Net assets with donor restrictions | $4,813,359 |
| 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 | $5,976,223 |
Grants Awarded
Over the last fiscal year, Harmony Foundation International Inc has awarded $364,436 in support to 22 organizations.
| Grant Recipient | Amount |
|---|---|
Arden Hills, MN PURPOSE: MUSIC OUTREACH GRANT | $109,507 |
Wellington, FL PURPOSE: DISTRICT/LOCAL MUSIC PROGRAMS AND SUPPORT | $37,861 |
La Mirada, CA PURPOSE: CHAPTER PROGRAMS AND SUPPORT | $25,383 |
Bakersfield, CA PURPOSE: DISTRICT/LOCAL MUSIC PROGRAMS AND SUPPORT | $22,840 |
Fairfax, VA PURPOSE: DISTRICT/LOCAL MUSIC PROGRAMS AND SUPPORT | $21,996 |
Tulsa, OK PURPOSE: MUSIC EDUCATION SCHOLORSHIP GRANTS | $19,457 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Harmony Foundation International Inc has recieved totaling $15,036.
| Awarding Organization | Amount |
|---|---|
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $7,551 |
Charities Aid Foundation America Alexandria, VA PURPOSE: CHARITABLE DONATION | $5,125 |
Col R Mcdonald Gray Family Foundation Cincinnati, OH PURPOSE: UNRESTRICTED | $2,360 |
Endowment Analysis
| Beg. Balance | $3,346,675 |
| Earnings | $740,450 |
| Admin Expense | $34,996 |
| Net Contributions | $116,982 |
| Grants | $101,357 |
| Ending Balance | $4,067,754 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Society For Preservation & Encrgmnt Of Barbershop Quartet Singing Amer Nashville, TN | $5,301,089 | $3,795,133 |
Harmony Foundation International Inc Nashville, TN | $5,976,223 | $2,692,504 |
St Louis Childrens Choirs Saint Louis, MO | $1,132,837 | $819,835 |
Heartland Mens Chorus Kansas City, MO | $1,030,553 | $861,236 |
Raleigh Boychoir Inc Raleigh, NC | $402,980 | $139,190 |
Kings Heralds Inc Portland, TN | $53,669 | $342,532 |
Voices For Alabamas Children Montgomery, AL | $219,945 | $512,007 |
German-American Club Gesangverein Inc Louisville, KY | $450,224 | $443,022 |
Birmingham Boys Choir Foundation Birmingham, AL | $372,516 | $453,663 |
Tlq Inc Clermont, GA | $236,298 | $325,412 |
Arkansas Choral Directors Association Alma, AR | $56,989 | $281,715 |
Hattiesburg Civic Chorus & Concert Association Inc Hattiesburg, MS | $262,883 | $381,288 |