The Music Foundation Of Southwest Florida Inc
- Assets
- $87.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Ft Myers, FL
- Founding
- 09/1992
- Data as of
- 12/2021
- EIN
- 65-0264107
Organization Overview
The Music Foundation Of Southwest Florida Inc is located in Ft Myers, FL. The organization was established in 1992. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, 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. Music Foundation Of Southwest Florida 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 12/2021, Music Foundation Of Southwest Florida Inc generated $30.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (4.0%) each year. All expenses for the organization totaled $27.6k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (5.1%) per year over the past 7 years. 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 |
|---|---|---|---|
Ruth Christman Exec Dir | 0 | $0 | |
Kathy Light Secretary/tr | 0 | $0 | |
Dorothy Yorty Coordinator | 0 | $0 | |
Candace Sundby Camp Directo | 0 | $0 | |
Jason Thomashefsky Arts Liason | 0 | $0 | |
Dorothy Rodwell President | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $24,068 |
| Total Program Service Revenue | $4,540 |
| Membership dues | $0 |
| Investment income | $2,035 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $30,643 |
| 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 | $1,662 |
| Occupancy, rent, utilities, and maintenance | $1,468 |
| Printing, publications, postage, and shipping | $1,324 |
| Other expenses | $19,740 |
| Total expenses | $27,575 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $27,046 |
| Other assets | $0 |
| Total assets | $87,177 |
| Total liabilities | $0 |
| Net assets or fund balances | $87,177 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that The Music Foundation Of Southwest Florida Inc has recieved totaling $15,000.
| Awarding Organization | Amount |
|---|---|
Suncoast Credit Union Foundation Tampa, FL PURPOSE: FIFTH GRADE TRAVELING INSTRUMENT PROGRAM | $10,000 |
Rochester Area Community Foundation Rochester, NY PURPOSE: 5TH GRADE TRAVELING INSTRUMENT PROGRAM | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Floridamakes Inc Orlando, FL | $1,478,174 | $9,967,367 |
Watson-Brown Foundation Inc Thomson, GA | $0 | $9,697,974 |
Alef Fund Inc Atlanta, GA | $10,107,377 | $6,194,898 |
Broward Education Foundation Inc Fort Lauderdale, FL | $12,469,303 | $5,256,121 |
University Of West Georgia Foundation Inc Carrollton, GA | $86,140,941 | $10,389,838 |
Coca-Cola Scholars Foundation Inc Atlanta, GA | $71,605,468 | $31,599,185 |
Uab Research Foundation Birmingham, AL | $14,400,184 | $5,771,462 |
Eminent Scholars Foundation Huntsville, AL | $0 | $754,182 |
Arete Scholars Fund Dacula, GA | $8,445,771 | $4,355,145 |
The Fund For Theological Education Inc Decatur, GA | $34,735,752 | $8,780,727 |
Gwinnett County Public Schools Foundation Fund Inc Suwanee, GA | $3,101,670 | $4,575,972 |
Florida Education Fund Inc Tampa, FL | $23,479,749 | $5,657,591 |