Sounding Point Foundation Corp
- Assets
- $81.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Ann Arbor, MI
- Founding
- Data as of
- 12/2022
- EIN
- 88-1441894
Organization Overview
Sounding Point Foundation Corp is located in Ann Arbor, MI. According to its NTEE Classification (A11) the organization is classified as: Single Organization Support, 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. Sounding Point Foundation Corp is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
THE SOUNDING POINT FOUNDATION (SPF), DBA SOUNDING POINT ACADEMY, HELPS YOUTHS DEVELOP MUSICAL SKILLS. IN THE LOS ANGELES AREAS, SPF WILL RAISE FUNDS TO HOLD FESTIVALS FOR STUDENTS AND PROFESSIONAL MUSICIANS TO PARTICIPATE IN MASTERCLASSES, LESSONS AND PERFORMANCES. SPF'S ACTIVITIES WILL FURTHER ITS EXEMPT PURPOSES AS THE AUDIENCES WILL WITNESS THE STUDENTS' ONSTAGE PERFORMANCES IMPROVED BY THE QUALITY EDUCATION.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Fabiola Kim President & CEO | 5 | $0 | |
Robert Lipsett Director | 5 | $0 | |
Steve Lipsett Director | 5 | $0 | |
Sungeun Cho Director | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $80,000 |
| 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 | $80,000 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $35 |
| Total expenses | $35 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $80,965 |
| Other assets | $0 |
| Total assets | $80,965 |
| Total liabilities | $1,000 |
| Net assets or fund balances | $79,965 |