EIN 20-5792412

The Music Academy Foundation

IRS 501(c) type
501(c)(3)
Num. employees
0
Year formed
2007
Most recent tax filings
2023-12-01
Description
To provide Music Academy students with reduced fees. Approximately 3% of students request financial assistance to offset private Music instruction. Providing this financial assistance to those students is The primary purpose of The Music Academy Foundation. To serve The mission of The Music Academy.
Also known as...
Music Academy Foundation NFP
Total revenues
$89,838
2023
Total expenses
$17,245
2023
Total assets
$555,255
2023
Num. employees
0
2023

Program areas at The Music Academy Foundation

To provide Music Academy students with reduced fees and assist with other program costs. Approximately 3% of students request financial assistance to offset private Music instruction. Providing this financial assistance to those students is The primary purpose of The Music Academy Foundation.

Grants made by The Music Academy Foundation

GranteeAmount
The Music Academy NFP$10,000

Who funds The Music Academy Foundation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Amended and Restated Brubaker Charitable TrustArtistic$10,000
AmazonSmile FoundationGeneral Support$70

Personnel at The Music Academy Foundation

NameTitleCompensation
Jonathan LapworthTreasurer$0
Stephen HofmannChair$0
Alexander MeznyDirector$0

Financials for The Music Academy Foundation

RevenuesFYE 12/2023
Total grants, contributions, etc.$63,821
Program services$0
Investment income and dividends$26,017
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$89,838

Form 990s for The Music Academy Foundation

Fiscal year endingDate received by IRSFormPDF link
2023-122024-08-14990View PDF
2022-122023-08-22990EZView PDF
2021-122022-08-26990EZView PDF
2020-122021-08-05990EZView PDF
2019-122020-11-02990EZView PDF
...and 9 more Form 990s
Data update history
July 17, 2024
Received grants
Identified 1 new grant, including a grant for $10,000 from Amended and Restated Brubaker Charitable Trust
July 2, 2024
Used new vendors
Identified 1 new vendor, including
October 8, 2023
Updated personnel
Identified 7 new personnel
October 7, 2023
Posted financials
Added Form 990EZ for fiscal year 2022
August 28, 2023
Posted financials
Added Form 990EZ for fiscal year 2021
Nonprofit Types
Grantmaking organizationsArts, culture, and humanities nonprofitsCharities
Issues
Arts, cultural, and humanities
Characteristics
Funds one specific organizationProvides grantsPartially liquidatedTax deductible donationsNo full-time employeesAccepts online donations
General information
Address
PO Box 6333
Rockford, IL 61125
Metro area
Rockford, IL
County
Winnebago County, IL
Website URL
musicacademyinrockford.com/ 
Phone
(815) 986-0037
IRS details
EIN
20-5792412
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2007
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
A11: Arts, Culture and Humanities Single Organization Support
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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