NonprofitsSalt Lick Incubator Incorporated

Arts, Culture & Humanities

Salt Lick Incubator Incorporated

BELMONT, MA

Total revenue

$1.9M

Total expenses

$998K

Net assets

$3.6M

Grants received

$3.3M

11 grants

EIN

882523319

Tax year

2024

Mission

Salt lick incubator supports emerging musicians with grants, collaborative opportunities, strategy, communication, marketing support, and data analytics, knit together by an overarching focus on wellness. We assemble a supportive community of artists operating within an exploitation free ecosystem of partners who help developing artists discover pathways to sustainable careers. We will aspire to keep the primary focus on the profoundly beautiful act of creating music.

Financials

FY 2024

Revenue

Contributions & grants$1.8M
Program service revenue
Investment income$109K
Other revenue$2K
Total revenue$1.9M

Expenses

Grants paid$197K
Salaries & benefits$307K
Fundraising
Other expenses$495K
Total expenses$998K
Total assets$3.6M
Net assets$3.6M

People

5 listed

NameRoleCompensation

LIZA LEVY

PRESIDENT

Board

$125K

40 hrs/wk

ROGER H BROWN JR

CHAIRMAN

Board

16 hrs/wk

MICHAEL EISENSON

TREASURER

Board

16 hrs/wk

LINDA A MASON

SECRETARY

Board

1 hrs/wk

LAWRENCE J SIMPSON

DIRECTOR

Board

1 hrs/wk

Grants received

Showing 11 of 11

FromAmountPurposeYear
$951K
For grant recipient's exempt purposes
2023
$550K
Operating Support/Annual Fund
2023
$75K
ARTS, CULTURE & HUMANITIES
2023
$75K
PUBLIC, SOCIETAL BENEFIT
2023
$75K
FOR RECIPIENT'S EXEMPT PURPOSE
2023
$75K
CHARITY'S EXEMPT PURPOSE
2023
$1.3M
Operating Support/Annual Fund
2022
$75K
Operating Support/Annual Fund
2021

Funded by

$3.3M from 9 funders · 11 grants · 2021–2024

Boston Foundation Inc

$1.9M · 3 grants · 2021–2023

Oristaglio Family Foundation

$75K · 1 grant · 2023

National Philanthropic Trust

$75K · 1 grant · 2023

Details

EIN882523319
NTEE codeA68
Subsection03
Ruling date2022-08
Formed2022
Employees14
Volunteers4
SALT LICK INCUBATOR INCORPORATED — Mission, Financials & Grants Received | Grantivo