Musiclink Foundation
- Assets
- $265.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Arlington, VA
- Founding
- 09/2001
- Data as of
- 06/2024
- EIN
- 54-2030766
Organization Overview
Musiclink Foundation is located in Arlington, VA. The organization was established in 2001. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Musiclink 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, Musiclink Foundation generated $118.3k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 4.6% each year. All expenses for the organization totaled $97.5k during the year ending 06/2024. While expenses have increased by 2.1% per year over the past 9 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joanne Haroutounian Executive Director | 30 | $12,000 | |
William Haroutounian Treasurer | 10 | $0 | |
Charles Kinney Legal Advisor | 1 | $0 | |
Virginia Gutierrez Public Relations Marketing | 5 | $0 | |
Sue Wege Natl Dir Of Coordinators | 20 | $7,900 | |
Nora Martin Director | 1 | $2,514 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $116,284 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $1,970 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $118,254 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $15,694 |
| Professional fees and other payments to independent contractors | $40,683 |
| Occupancy, rent, utilities, and maintenance | $1,221 |
| Printing, publications, postage, and shipping | $3,404 |
| Other expenses | $26,279 |
| Total expenses | $97,523 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $236,130 |
| Other assets | $0 |
| Total assets | $265,705 |
| Total liabilities | $0 |
| Net assets or fund balances | $265,705 |