We Are All Music Foundation Inc
- Assets
- $145.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 1
- Location
- Montclair, NJ
- Founding
- 07/2019
- Data as of
- 12/2023
- EIN
- 83-2400488
Organization Overview
We Are All Music Foundation Inc is located in Montclair, NJ. 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. We Are All Music Foundation 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, We Are All Music Foundation Inc generated $114.7k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 13.9% each year . All expenses for the organization totaled $55.1k during the year ending 12/2023. 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
2023
Describe the Organization's Program Activity:
Part 3
WE EXECUTE OUR MISSION THROUGH RESEARCH AND ADVOCACY, GRANT-MAKING AND PARTNERSHIPS, AND IMPACT MEASURING AND MONITORING. OUR AREAS OF FOCUS ARE MENTAL AND PHYSICAL HEALTH, EDUCATION AND SOCIAL-EMOTIONAL LEARNING, AND COMMUNITIES IN NEED.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Peter Gerlings Executive Director | 2 | $0 | |
Tony Drootin President | 2 | $0 | |
Max Schotz Treasurer | 2 | $0 | |
Michele March Secretary | 2 | $0 | |
Bryan Kohl Board Of Trustees | 1 | $0 | |
David Zusman Board Of Trustees | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $114,657 |
| 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 | $114,657 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $28,764 |
| Professional fees and other payments to independent contractors | $5,220 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $21,111 |
| Total expenses | $55,095 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $145,806 |
| Other assets | $0 |
| Total assets | $145,806 |
| Total liabilities | $0 |
| Net assets or fund balances | $145,806 |
Grants Awarded
Over the last fiscal year, We Are All Music Foundation Inc has awarded $230,000 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
GUITARS OVER GUNS ORGANIZATION INC PURPOSE: TO SUPPORT THE ORGANIZATION'S MISSION. | $50,000 |
HIP HOP PUBLIC HEALTH PURPOSE: TO SUPPORT THE ORGANIZATION'S MISSION. | $40,000 |
MUSIC HAVEN INC PURPOSE: TO SUPPORT THE ORGANIZATION'S MISSION. | $10,000 |
CONCERTS IN MOTION INC PURPOSE: TO SUPPORT THE ORGANIZATION'S MISSION. | $10,000 |
LITTLE KIDS ROCK PURPOSE: TO SUPPORT THE ORGANIZATION'S MISSION. | $25,000 |
EDUCATION THROUGH MUSIC PURPOSE: TO SUPPORT THE ORGANIZATION'S MISSION. | $30,000 |