Skip to content
Nonprofiteer
← GUAM PHILHARMONICA FOUNDATION INCORPORATED

Form 990 for tax year 2024

Filed by GUAM PHILHARMONICA FOUNDATION INCORPORATED.

Totals

Total revenue
$192,546
Total expenses
$207,326
Contributions and grants received
$192,546
Grants paid
$0
Program service revenue
$0
Investment income
$0
Other revenue
$0
Total assets, end of year
$108,347
Total liabilities, end of year
$35,959
Net assets or fund balances, end of year
$72,388
Program services expenses (Part IX)
$18,456
Management and general expenses
$0
Fundraising expenses
$0
Program service expenses (Part III)
$207,326

Program services were 8.9% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1c · Fundraising events

    $124,066

  • 1f · All other contributions, gifts and grants

    $68,480

  • 8c · Net income from fundraising events

    total $0

Functional expenses

Part IX, the statement of functional expenses.

  • 12 · Advertising and promotion

    total $8,296

  • 13 · Office expenses

    total $39,666

  • 16 · Occupancy

    total $39,455

  • 19 · Conferences, conventions and meetings

    total $16,257

  • 24a · Other expenses: Contract LaborVendors

    total $36,232

  • 24b · Other expenses: Equipment RentalMaintena

    total $43,177

  • 24c · Other expenses: scholarships

    total $1,270

  • 24d · Other expenses: Uniforms

    total $4,517

  • 24e · All other expenses

    total $18,456 · program services $18,456

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    end of year $108,347

  • 25 · Other liabilities

    end of year $35,959

  • 27 · Net assets without donor restrictions

    beginning of year $30,800 · end of year $87,168

  • 28 · Net assets with donor restrictions

    end of year $35,959

  • 29 · Capital stock, trust principal or current funds

    end of year $72,388

Mission and programs · 2024

Mission

To become a leader in music and arts education for youth and adults throughout Guam and Micronesia and to present innovative programming repertoire choices that showcase both local and Intl acclaimed artists

Activities or mission (Part I)

Become a leader in music and arts education for youth and adults

  • Performances for the youth, their families and the community

    Expenses $180,193

  • Auto Gas, Bank fees, meals purchased, internet and telephone, postage, and uniforms

    Expenses $27,133

As filed on the 2024 return.

Listed in Part VII

  • Mervin O Tamayo

    Chairman of the Board

    Total calculated
    $0
    Hours/week
    2

  • Maximo Ronquillo Jr

    President

    Total calculated
    $0
    Hours/week
    20

  • Margarita N Dancel

    Board Treasurer

    Total calculated
    $0
    Hours/week
    15

  • Alice Tamayo

    Director

    Total calculated
    $0
    Hours/week
    2

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2024
Filed
25 May 2025
IRS schema version
2024v5.1
Source object
202501459349300050

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.