NonprofitsGift Of Music Foundation Inc

Human Services

Gift Of Music Foundation Inc

MARIETTA, GA

Total revenue

$1.3M

Total expenses

$965K

Net assets

$312K

Grants received

$9K

4 grants

EIN

473268303

Tax year

2024

Mission

Create access to musical instruments and education through innovative, needs-based programs.

Programs

2 programs

Access to music education program (atmep): creates access to beginning and/or intermediate instrumental music classes where they have been eliminated or are not offered. Typically, an atmep partner will provide use of their facility while the gift of music foundation provides the turn-key music class offerings, including the teacher and curriculum. Classes are tailored and priced for each school based on overall need. Parents will pay either a monthly tuition, or one time registration fee. This is determined by the overall socioeconomic status of the school or facility. If instruments are needed, the ati program is offered to students and parents. Individual classes may also create fundraising teams for specific instruments or technology.

Expenses: $22K

Instrument repair program: provides both internal instrument repair in support of the ati and other programs, as well as external support by repairing instruments for schools and individuals. Generates revenue through external customers and scholastic partnerships that pay for these instrument repairs. This revenue covers the cost of instrument technicians, tools and equipment. Excess revenue generated is used throughout the gift of music foundation in the general fund to support other programs.

Expenses: $112K

Financials

FY 2024

Revenue

Contributions & grants$712K
Program service revenue$463K
Investment income$93
Other revenue$118K
Total revenue$1.3M

Expenses

Grants paid$10K
Salaries & benefits$460K
Fundraising$19K
Other expenses$495K
Total expenses$965K
Total assets$813K
Net assets$312K

People

11 listed

NameRoleCompensation

D SCOTT KEEFER

VICE PRES/CS

Board

$40K

20 hrs/wk

CHRISTOPHER R MONROE

CEO/EXEC DIR

Board

$35K

30 hrs/wk

MICHAEL ECKERT

SECRETARY

Board

PAM BREMS

BOARD CHAIR

Board

CHARISSA GRANSDEN

DIRECTOR

Board

JOURNELL HENRY

DIRECTOR

Board

LOUIS LUGO

DIRECTOR

Board

TRE HUTCHINS

DIRECTOR

Board

BEV JACKSON

DIRECTOR

Board

JEROME STOCKWELL

DIRECTOR

Board

A DIXON MARLOW

CFO

Board

Grants received

Showing 4 of 4

FromAmountPurposeYear
$6K
GENERAL SUPPORT GRANT
2024
$1K
GENERAL OPERATING
2024
$2K
TO SUPPORT GROWTH AND APPRECIATION OF MUSIC.
2018

Funded by

$9K from 4 funders · 4 grants · 2018–2024

Soundwaves Art Foundation

$6K · 1 grant · 2024

D'addario Foundation Inc

$2K · 1 grant · 2018

Bright Wings Fndtn Tr Ua

$1K · 1 grant · 2024

Leo E And Helen H Reese Trust

$400 · 1 grant · 2020

Details

EIN473268303
NTEE codeP20
Subsection03
Ruling date2015-03
Formed2015
Employees13
Volunteers18
GIFT OF MUSIC FOUNDATION INC — Mission, Financials & Grants Received | Grantivo