NonprofitsMusical Arts Assn Orch End Fd

Musical Arts Assn Orch End Fd

BROOKLYN, OH

Total revenue

$2.1M

Total expenses

$2.0M

Net assets

$18.1M

Grants received

EIN

346759594

Tax year

2024

Mission

Keybank n.a., as trustee, distributes the net income fromthis trust to be used for the up-keep andoperation of the musical arts association music hall and as an endowment fund for the maintenance ,operation and/or support of a symphony orchestra under agreement dated march 19, 1929. Under the ohio institutional trust fundsact of 1999, the beneficiaries have chosen to receive themaximum of income based on the greater of 5% of afv ortraditional income. Keybank maintains a responsiveness to the needsand activities of each beneficiary organization in the attainment ofits mission.please note that the beneficiary organization has the right to remove and /or appoint the trustee.

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue
Investment income$2.1M
Other revenue
Total revenue$2.1M

Expenses

Grants paid$1.9M
Salaries & benefits$60K
Fundraising
Other expenses$2K
Total expenses$2.0M
Total assets$18.1M
Net assets$18.1M

People

1 listed

NameRoleCompensation

KEYBANK NA

TRUSTEE

Board

$60K

1 hrs/wk

Details

EIN346759594
Subsection91
Ruling date0000-00
Formed1931
Employees0
MUSICAL ARTS ASSN ORCH END FD — Mission, Financials & Grants Received | Grantivo