Found Sound Nation
- Assets
- $114.3k
- Revenue
- $263.9k
- Investments
- $0.0
- Employees
- 0
- Location
- Brooklyn, NY
- Founding
- 05/2016
- Data as of
- 08/2021
- EIN
- 47-4207974
Organization Overview
Found Sound Nation is located in Brooklyn, NY. The organization was established in 2016. According to its NTEE Classification (A20) the organization is classified as: Arts & Culture, 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. Found Sound Nation 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 08/2021, Found Sound Nation generated $263.9k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 20.2% each year . All expenses for the organization totaled $176.4k during the year ending 08/2021. While expenses have increased by 24.4% per year over the past 6 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO LEVERAGE THE POWER OF CREATIVE MUSICAL COLLABORATION TO MAKE A POSITIVE IMPACT ON LOCAL AND GLOBAL COMMUNITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FOUND SOUND NATION (FSN) PARTNERS WITH LOCAL YOUTH, SOCIAL ORGANIZATIONS, MUSIC FESTIVALS, AND ARTISTS ACROSS ALL DISCIPLINES TO ENGAGE PEOPLE FROM ALL WALKS OF LIFE IN OUR INTERACTIVE PROCESS OF COLLABORATIVE MUSIC, AUDIO, AND VIDEO PRODUCTION, IN ORDER TO GIVE VOICE TO UNDERREPRESENTED COMMUNITIES, UNLOCK THE CREATIVE POTENTIAL OF YOUTH, AND BRIDGE CULTURAL AND POLITICAL DIVIDES. IN FISCAL YEAR 2021 (SEPT 2020-AUG 2021), A YEAR DEEPLY AFFECTED BY THE COVID-19 PANDEMIC, WE WERE ABLE TO DO LESS IN-PERSON PROGRAMMING THAN USUAL. HOWEVER, WE WERE COMMISSIONED BY THE GENERATION EQUALITY FORUM (VIA SANTHOSH DANIEL) TO CREATE A SERIES OF MUSIC VIDEOS AND PORTRAIT VIDEOS FOR THEIR GLOBAL WOMEN'S LEADERSHIP CONFERENCE IN JUNE 2021. WE ALSO LED A PROGRAM CALLED FOUND SOUND MEXICO IN PARTNERSHIP (AND FUNDED BY) THE US EMBASSY IN MEXICO, WHICH BROUGHT TOGETHER PRODUCERS AND MUSICIANS FROM ACROSS MEXICO TO EXCHANGE STRATEGIES FOR YOUTH ENGAGEMENT THROUGH MUSIC. ONCE AGAIN WE LED YOUTH MUSIC COMPOSITION WORKSHOPS FOR SUMMER PROGRAMS IN HUDSON, NY, IN PARTNERSHIP WITH KITE'S NEST. WE ALSO PRODUCED AND COMMISSIONED AUDIO RECORDINGS FOR SPLICE, INC. ORIGINAL SAMPLE PACKS, COORDINATING RECORDINGS WITH ARTISTS AROUND THE GLOBE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Christopher Marianetti Artistic Director & Vice President | OfficerTrustee | 5 | $1,000 |
Jeremy Thal Artistic Director & Treasurer | OfficerTrustee | 5 | $0 |
Elena Moon Park Artistic Director & Secretary | OfficerTrustee | 5 | $0 |
Santhosh Daniel President | OfficerTrustee | 1 | $0 |
Tommie Lindsey Director | Trustee | 1 | $0 |
Angelica Negron Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $2,000 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $9,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $15,985 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $26,985 |
| Total Program Service Revenue | $236,782 |
| 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 | $163 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $263,930 |
| 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. | $26,100 |
| 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 | $1,506 |
| Payroll taxes | $0 |
| Fees for services: Management | $900 |
| Fees for services: Legal | $1,450 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $116,795 |
| Advertising and promotion | $726 |
| Office expenses | $1,925 |
| Information technology | $988 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $615 |
| 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 | $1,690 |
| All other expenses | $0 |
| Total functional expenses | $176,394 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $111,661 |
| Savings and temporary cash investments | $2,001 |
| 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 | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $600 |
| Total assets | $114,262 |
| 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 | $114,262 |
| 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 | $114,262 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Found Sound Nation has recieved totaling $6,250.
| Awarding Organization | Amount |
|---|---|
Cec Artslink Inc New York, NY PURPOSE: INTERNATIONAL FELLOWSHIP | $6,250 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Shed Nyc Inc New York, NY | $621,442,218 | $102,270,782 |
Westchester Academic Library Directors Organization Inc New York, NY | $47,276,623 | $38,534,511 |
Pro Publica Inc New York, NY | $60,782,681 | $36,005,300 |
Pittsburgh Trust For Cultural Resources Pittsburgh, PA | $189,016,990 | $50,601,813 |
Dia Center For The Arts Inc New York, NY | $215,209,262 | $19,693,933 |
Munson-Williams-Proctor Arts Institute Utica, NY | $139,434,457 | $25,944,561 |
Bethel Woods Center For The Arts Inc Liberty, NY | $30,099,296 | $24,809,456 |
Artsquest Bethlehem, PA | $46,615,180 | $27,430,533 |
Lincoln Park Performing Arts Center Midland, PA | $37,610,958 | $11,880,429 |
Joan Mitchell Foundation Inc New York, NY | $163,093,074 | $7,287,755 |
African American Cultural Center Pittsburgh, PA | $15,275,830 | $8,128,417 |
Pioneer Works Art Foundation Brooklyn, NY | $17,838,425 | $7,041,619 |