Friends Of South Florida Music Inc
- Assets
- $313.5k
- Revenue
- $272.2k
- Investments
- $0.0
- Employees
- 3
- Location
- Miami, FL
- Founding
- 07/2017
- Data as of
- 12/2023
- EIN
- 81-4918286
Organization Overview
Friends Of South Florida Music Inc is located in Miami, FL. The organization was established in 2017. According to its NTEE Classification (A61) the organization is classified as: Performing Arts Centers, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2023, Friends Of South Florida Music Inc employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Friends Of South Florida Music 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 12/2023, Friends Of South Florida Music Inc generated $272.2k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 30.3% each year . All expenses for the organization totaled $223.4k during the year ending 12/2023. While expenses have increased by 38.8% per year over the past 5 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
FRIENDS OF SOUTH FLORIDA MUSIC (FSFM) PROMOTES MUSIC EDUCATION AND DEVELOPMENT FOR CHILDREN OF ALL AGES AND ABILITIES IN UNDERSERVED AREAS OF MIAMI-DADE COUNTY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE MUSIC FUNDAMENTALS PROGRAM PROVIDED FREE WEEKLY 30 MINUTE MUSIC CLASSES AT TWELVE MIAMI-DADE SCHOOLS, REACHING OVER 1,400 STUDENTS. ALL SCHOOLS ARE EITHER TITLE 1 OR WITHIN THE TITLE 1 BOUNDARY, AND OVER 90% OF THE PARTICIPATING STUDENTS ARE ENROLLED IN THE FEDERAL FREE-LUNCH PROGRAM. CHILDREN AGES BIRTH TO 18 YEARS OF AGE RECEIVED AGE-APPROPRIATE MUSIC INSTRUCTION, INCLUDING ACTIVITIES SUCH AS SINGING, DANCING AND MOVEMENT, MANIPULATING ITEMS SUCH AS SCARVES AND HOOPS, AND MUSICAL INSTRUMENTS SUCH AS RHYTHM STICKS, JINGLES, EGG SHAKERS, BELL, AND DRUMS. TEACHERS UTILIZE CALL AND RESPONSE, SINGING, RHYTHMIC AND TONAL PATTERNS, MOVING TO MUSIC, AND PLAYING INSTRUMENTS. ACCOMMODATIONS ARE MADE FOR STUDENTS WITH SPECIAL NEEDS AND DISABILITIES, AND ANY NECESSARY MODIFICATIONS AND/OR ADAPTATIONS ARE DONE SO THAT ALL STUDENTS CAN FULLY PARTICIPATE. CHILDREN DEVELOP SELF-REGULATION AND FOCUS AND DEVELOP THEIR SOCIAL-EMOTIONAL SKILLS THROUGH MUSICAL ACTIVITIES AND CLASS INTERACTIONS, PROVIDING THEM WITH FOUNDATIONS THAT CAN HELP THEM WITH THEIR ACADEMIC AND INTERPERSONAL GROWTH.
FSFM ORGANIZED BACK-TO-SCHOOL BOOKBAG AND SANTA'S WORKSHOP TOY GIVEAWAY EVENTS AT PARTICIPATING SCHOOLS TO SUPPORT STUDENTS AND PARENTS.
FSFM PROVIDED NEEDS-BASED SCHOLARSHIPS FOR APPLICANTS TO SEND THEIR CHILDREN TO MUSIC CLASSES RUN BY OUR TEACHING STAFF.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joy Galliford Executive Di | OfficerTrustee | 40 | $63,625 |
Raine Calva Director | Trustee | 4 | $0 |
Richard Cannon Treasurer | OfficerTrustee | 5 | $0 |
Kaylan Domond Director | Trustee | 1 | $0 |
Nibaldo Morales Director | Trustee | 1 | $0 |
Roberto Ramirez Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $82,224 |
| All other contributions, gifts, grants, and similar amounts not included above | $177,844 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $260,068 |
| Total Program Service Revenue | $0 |
| Investment income | $3,384 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $8,700 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $272,152 |
| 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. | $63,625 |
| Compensation of current officers, directors, key employees. | $34,500 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $44,075 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $8,281 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $515 |
| 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 | $0 |
| Advertising and promotion | $0 |
| Office expenses | $633 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $6,213 |
| Travel | $2,059 |
| 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 | $1,149 |
| All other expenses | $18,252 |
| Total functional expenses | $223,400 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $313,498 |
| Savings and temporary cash investments | $0 |
| 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 | $0 |
| Total assets | $313,498 |
| 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 | $313,498 |
| 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 | $313,498 |