Spreadmusicnow Inc
- Assets
- $14.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Redding, CT
- Founding
- 04/2019
- Data as of
- 12/2021
- EIN
- 83-0713289
Organization Overview
Spreadmusicnow Inc is located in Redding, CT. The organization was established in 2019. According to its NTEE Classification (A68) the organization is classified as: Music, 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. Spreadmusicnow 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, Spreadmusicnow Inc generated $23.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (42.9%) each year. All expenses for the organization totaled $34.8k during the year ending 12/2021. 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
2021
Describe the Organization's Program Activity:
Part 3
WE SUPPORT INDEPENDENT, COMMUNITY-BASED INITIATIVES THAT PROVIDE ENGAGING AND INNOVATIVE MUSIC INSTRUCTION OUTSIDE OF THE CLASSROOM. THROUGH THIS BROAD-BASED APPROACH, WE PROVIDE OUR DONORS WITH THE CONFIDENCE THAT THEIR GENEROSITY OFFERS THE HIGHEST QUALITY MUSIC EDUCATION TO THE GREATEST NUMBER OF UNDERSERVED YOUTH.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gregory S Young President | 2 | $0 | |
Marvin Mcneil Board Member | 2 | $0 | |
Richard J Wenning Treasurer | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $23,546 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $23,546 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $20,000 |
| Professional fees and other payments to independent contractors | $250 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $14,535 |
| Total expenses | $34,785 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $14,619 |
| Other assets | $0 |
| Total assets | $14,619 |
| Total liabilities | $0 |
| Net assets or fund balances | $14,619 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Spreadmusicnow Inc has recieved totaling $20,056.
| Awarding Organization | Amount |
|---|---|
Be Foundation Inc Redding, CT PURPOSE: GENERAL OPERATING SUPPORT. | $20,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $56 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Handel And Haydn Society Boston, MA | $29,038,335 | $22,868,295 |
Groton Hill Music Inc Groton, MA | $210,830,113 | $41,196,688 |
Newport Festivals Foundation Inc Essex, MA | $20,080,911 | $11,132,304 |
Whyhunger Inc New York, NY | $5,607,325 | $7,869,621 |
Caramoor Center For Music & The Arts Inc Katonah, NY | $49,439,168 | $6,140,543 |
Save The Music Foundation New York, NY | $5,156,662 | $8,206,045 |
Rockport Music Inc Rockport, MA | $31,791,427 | $3,720,672 |
American Friends Of Les Arts Florissants Inc New York, NY | $1,107,997 | $2,546,808 |
Chicken & Egg Pictures Inc Brooklyn, NY | $9,525,742 | $4,390,371 |
Young Concert Artists Inc New York, NY | $10,777,916 | $2,607,839 |
New Music Usa Inc New York, NY | $21,074,524 | $3,287,635 |
Original Music Workshop Inc Brooklyn, NY | $4,224,196 | $2,706,667 |