NonprofitsFox Valley Music Foundation

Arts, Culture & Humanities

Fox Valley Music Foundation

AURORA, IL

Total revenue

$776K

Total expenses

$794K

Net assets

$27K

Grants received

$200K

14 grants

EIN

471159879

Tax year

2024

Mission

The foundation's goal is to preserve, protect, promote the music of the fox valley (illinois) area. This is accomplished by providing educational opportunities through their website, free lectures, music documentaries, livestream and performace events. Events are held in the venue operated by the music foundation, and in the adjacent mundy park in furtherance of its broader non-profit goals.

Programs

3 programs

Residency programs in 2022 the music foundation, in cooperation with the pete ellman jazz big band nfp, began a weekly residency program, presenting 38 jazz big band concerts that included 45 middle and high school jazz bands as "openers" prior to the professional big band concerts. This program speaks directly to our mission to provide affordable music programming and education to all. This program is a way to get budding musicians into a real-world environment where they can play in front of a live audience as well as parents and classmates. The highly successful series takes place from mid- october thru june and sells out on a regular basis. In addition to the jazz residency, the venue is pleased to have terrapin flyer as a monthly residency. The grateful dead tribute band performs on the second thursday of each month to packed audiences. What is at the core of the residency is the idea that the grateful dead and jerry garcia's music still has plenty of life in it and that the music being so improvisational in nature can and does go to new places in each performance. No two terrapin flyer shows are ever the same and you never know who might show up to jam at a show.

Music education rock talk free lecture series with professor mark plummer the music foundation in collaboration with professor mark plummer of aurora university presented a 4-part, free lecture series called rock talk. The informative, educational and entertaining series took place on sunday afternoons, giving patrons of all ages, an in depth look at important, historical music events, including the monterey international pop festival, the rise and fall of stax records, the altamont music festival of 1969 and the magnum opus. Filled with facts, photos, music video clips, interviews and more, the successful series will be back again next year to explore more music history.

In addition to items listed above, fvmf is proud to continue their singer/songwriter programming which provides opportunities for aspiring musicians to present their music, learn their craft and share music with others. The music in mundy outdoor concert series evolved into a summer festival series: june/blues, july/jazz and august/americana. 2022 saw increased collaboration with other non-profit organizations through rentals, assisting in fundraising efforts for their organizations, some of which included united way, the neighbor project, rouse 3.0 and the kane county bar association. The venue has also hosted many workshops and seminars for the city of aurora and fox valley businesses in an effort to increase revenue to cover programming costs. The venue has become a true community gathering place where both musicians, patrons and volunteers can gather with a common purpose. Our hardworking volunteers contribute their time and talents to ensure that the fvmf and the venue will continue to operate successfully in the coming years.

Financials

FY 2024

Revenue

Contributions & grants$28K
Program service revenue$687K
Investment income
Other revenue$61K
Total revenue$776K

Expenses

Grants paid
Salaries & benefits$160K
Fundraising$130K
Other expenses$634K
Total expenses$794K
Total assets$373K
Net assets$27K

People

8 listed

NameRoleCompensation

KAREN FOUTS

EXECUTIVE DI

Board

$32K

40 hrs/wk

GINA MOGA

VICE PRESIDE

Board

10 hrs/wk

BILL WIET

TREASURER

Board

10 hrs/wk

JIM GIBBONS

SECRETARY

Board

10 hrs/wk

RYAN ANDERSON

PRESIDENT

Board

10 hrs/wk

CHRIS BAULER

DIRECTOR

Board

1 hrs/wk

TIM HOPKINS

DIRECTOR

Board

1 hrs/wk

BILL ARTLIP

DIRECTOR

Board

1 hrs/wk

Grants received

Showing 14 of 14

FromAmountPurposeYear
$8K
GENERAL SUPPORT
2024
$6K
PROGRAM FUNDING
2024
$20K
SUPPORT OPERATIONS
2023
$6K
PROJECT SUPPORT
2023
$10K
SUPPORT OPERATIONS
2022
$1K
CONTRIBUTIONS ARE FOR UNRESTRICTED PURPOSES
2021
$15K
SUPPORT OPERATIONS
2020
$5K
Unrestricted
2020
$5K
Unrestricted donation
2020
$3K
CONTRIBUTIONS ARE FOR UNRESTRICTED PURPOSES
2020
$57K
BUILDING RENOVATION
2019
$34K
PROGRAM SUPPORT
2019
$12K
GENERAL OPERATING SUPPORT
2019
$19K
BUILDING RENOVATION
2018

Funded by

$200K from 10 funders · 14 grants · 2018–2024

Seize The Future Development

$75K · 2 grants · 2018–2019

G Carl Ball Family Foundation

$45K · 3 grants · 2020–2023

Dunham Fund

$34K · 1 grant · 2019

The Chicago Community Trust

$12K · 1 grant · 2019

Community Foundation Of The Fox

$8K · 1 grant · 2024

Music Matters Fund Inc

$6K · 1 grant · 2023

Aurora Women's Empowerment

$6K · 1 grant · 2024

Network For Good

$5K · 1 grant · 2020

Details

EIN471159879
NTEE codeA68
Subsection03
Ruling date2015-03
Formed2014
Employees8
Volunteers220
FOX VALLEY MUSIC FOUNDATION — Mission, Financials & Grants Received | Grantivo