Traditional Music Resource Center Inc
- Assets
- $9.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Cleveland, TN
- Founding
- 03/2001
- Data as of
- 12/2020
- EIN
- 62-1829521
Organization Overview
Traditional Music Resource Center Inc is located in Cleveland, TN. The organization was established in 2001. According to its NTEE Classification (A23) the organization is classified as: Cultural & Ethnic Awareness, 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. Traditional Music Resource Center 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 12/2020, Traditional Music Resource Center Inc generated $28.7k 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 (13.4%) each year. All expenses for the organization totaled $29.9k during the year ending 12/2020. As we would expect to see with falling revenues, expenses have declined by (14.6%) per year over the past 6 years. 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
2020
Describe the Organization's Program Activity:
Part 3
A TRUE COMMUNITY RADIO STATION THAT GIVES COMMUNITY MEMBERS THE OPPORTUNITY TO SHARE THEIR IDEAS AND STORIES THROUGH A LOCAL BROADCAST SYSTEM. THE STATION IS A GREAT PLATFORM FOR LOCAL ARTISTS, POLITICIANS, AND STUDENTS TO HAVE A CHANCE FOR THEIR VOICES TO BE HEARD.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Toby Pendergrass Chairman & President | 5 | $0 | |
Sherri Webb Secretary | 5 | $0 | |
Rachel Ingram Treasurer | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $27,200 |
| Total Program Service Revenue | $560 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $900 |
| Total Revenue | $28,660 |
| 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 | $5,845 |
| Occupancy, rent, utilities, and maintenance | $19,997 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $4,084 |
| Total expenses | $29,926 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $3,246 |
| Other assets | $0 |
| Total assets | $9,320 |
| Total liabilities | $0 |
| Net assets or fund balances | $9,320 |
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