Form 990 for tax year 2023
Filed by CLEVELAND MUSIC FOUNDATION INC.
Totals
- Total revenue
- $1,956,833
- Total expenses
- $1,899,410
- Contributions and grants received
- $1,192,143
- Grants paid
- $0
- Program service revenue
- $556,800
- Investment income
- $39,129
- Other revenue
- $168,761
- Total assets, end of year
- $17,036,301
- Total liabilities, end of year
- $920,030
- Net assets or fund balances, end of year
- $16,116,271
- Program services expenses (Part IX)
- $1,512,063
- Management and general expenses
- $314,001
- Fundraising expenses
- $73,346
- Program service expenses (Part III)
- $1,512,063
Program services were 79.6% 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.
-
1b · Membership dues
$164,904
-
1e · Government grants (contributions)
$198,999
-
1f · All other contributions, gifts and grants
$828,240
-
2a · Program service revenue: PROGRAMS
total $556,800 · related or exempt $556,800
-
3 · Investment income
total $39,129 · related or exempt $39,129
-
4 · Income from investment of tax-exempt bond proceeds
total $0
-
5 · Royalties
total $0
-
6d · Net rental income or loss
total $0
-
7d · Net gain or loss
total $0
-
8a · Fundraising events: gross income
$303,892
-
8b · Fundraising events: direct expenses
$135,131
-
8c · Net income from fundraising events
total $168,761
-
9c · Net income from gaming
total $0
-
10c · Net income from sales of inventory
total $0
-
11e · Other revenue, total
$0
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $0
-
2 · Grants to domestic individuals
total $0
-
3 · Grants to foreign organizations and individuals
total $0
-
4 · Benefits paid to or for members
total $0
-
5 · Compensation of officers, directors and key employees
total $273,190 · program services $200,650 · management and general $72,540
-
6 · Compensation of disqualified persons
total $0
-
7 · Other salaries and wages
total $325,529 · program services $269,799 · management and general $34,786 · fundraising $20,944
-
8 · Pension plan contributions
total $0
-
9 · Other employee benefits
total $0
-
10 · Payroll taxes
total $0
-
11a · Fees: management
total $0
-
11b · Fees: legal
total $0
-
11c · Fees: accounting
total $0
-
11d · Fees: lobbying
total $0
-
11e · Fees: professional fundraising services
total $0
-
11f · Fees: investment management
total $3,737 · management and general $3,737
-
11g · Fees: other
total $0
-
12 · Advertising and promotion
total $40,289 · program services $32,077 · management and general $4,612 · fundraising $3,600
-
13 · Office expenses
total $0
-
14 · Information technology
total $0
-
15 · Royalties
total $0
-
16 · Occupancy
total $0
-
17 · Travel
total $34,227 · program services $19,015 · management and general $11,409 · fundraising $3,803
-
18 · Travel or entertainment for public officials
total $0
-
19 · Conferences, conventions and meetings
total $0
-
20 · Interest
total $19,282 · management and general $19,282
-
21 · Payments to affiliates
total $0
-
22 · Depreciation, depletion and amortization
total $514,321 · program services $391,572 · management and general $122,749
-
23 · Insurance
total $59,476 · program services $59,476
-
24a · Other expenses: LICENSE & PERMITS
total $153,418 · program services $153,418
-
24b · Other expenses: CONTRACT SERVICES
total $142,015 · program services $79,669 · management and general $17,347 · fundraising $44,999
-
24c · Other expenses: UTILITIES & TELEPHONE
total $99,188 · program services $99,188
-
24d · Other expenses: MERCHANDISE
total $76,071 · program services $76,071
-
24e · All other expenses
total $158,667 · program services $131,128 · management and general $27,539
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $1,343,638 · end of year $1,465,563
-
2 · Savings and temporary cash investments
end of year $0
-
3 · Pledges and grants receivable
beginning of year $48,346 · end of year $47,191
-
4 · Accounts receivable
end of year $0
-
5 · Loans and receivables from officers and key people
end of year $0
-
6 · Loans and receivables from disqualified persons
end of year $0
-
7 · Other notes and loans receivable
end of year $0
-
8 · Inventories for sale or use
beginning of year $20,023 · end of year $23,167
-
9 · Prepaid expenses and deferred charges
beginning of year $6,240 · end of year $8,949
-
10a · Land, buildings and equipment: cost or other basis
$14,929,488
-
10c · Land, buildings and equipment, net
beginning of year $15,308,362 · end of year $14,929,488
-
11 · Investments: publicly traded securities
end of year $0
-
12 · Investments: other securities
beginning of year $240,815 · end of year $561,943
-
13 · Investments: program-related
end of year $0
-
14 · Intangible assets
end of year $0
-
15 · Other assets
end of year $0
-
17 · Accounts payable and accrued expenses
beginning of year $200,291 · end of year $242,793
-
23 · Secured mortgages and notes payable
beginning of year $708,285 · end of year $677,237
-
27 · Net assets without donor restrictions
beginning of year $15,309,442 · end of year $15,021,662
-
28 · Net assets with donor restrictions
beginning of year $749,406 · end of year $1,094,609
Mission and programs · 2023
Mission
To educate and inspire through the universal language of music. To provide unique experiences for all, using music as a gateway to learning.GRAMMY Museum Mississippi is an exciting and interactive celebration of the power of music occupying a vibrant space in Cleveland, Mississippi. Cutting edge exhibits, interactive experiences and films provide a one-of-a-kind visitor experience engaging, educational, celebratory, and inspirational.
-
GRAMMY Museum Mississippi operates programs and related activities to acknowledge and honor a diverse group of musicians and other performing artists for their contributions to American music. The Museum also shares music history through exhibits by curating and preserving music history with interviews, artifacts, and memorabilia related to the musicians life, career, and legacy. The Museum hosts public programs, panel discussions, and community events to educate visitors from the United States and international visitors on Mississippis music legacy.
Expenses $1,512,063
-
The Museum provides music education for students inside the museum with museum tours, education workshops, summer camps, instrument lessons, sensory-friendly programs, family day activities, and education outreach workshops in schools. GRAMMY Museum Mississippi seeks to educate and inspire all Museum visitors and Members as to the enduring qualities and cultural significance of popular and classical music. By implementing a variety of innovative educational strategies; by incorporating the advice and needs of scholastic teachers, locally, regionally, and nationally; GRAMMY Museum Mississippi offers the most dynamic and exciting educational programs available from music museums. Through the exhibits, education programming, and exciting events with musicians and entertainment industry professionals, the Museum can bring the power of music to the community, state, and region.
As filed on the 2023 return.
Listed in Part VII
-
EMILY HAVENS
Executive Dir.
- Total calculated
- $129,304
- From this org
- $129,304
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
CHACE HOLLAND
Controller
- Total calculated
- $72,540
- From this org
- $72,540
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
JACK McWILLIAMS
Foundation Mgr.
- Total calculated
- $71,346
- From this org
- $71,346
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
BECKY NOWELL
President
- Total calculated
- $0
- Hours/week
- 5
-
MARY MCKAY GRIFFITH
Director
- Total calculated
- $0
- Hours/week
- 1
-
KAMEL KING
Director
- Total calculated
- $0
- Hours/week
- 1
-
VICTOR BYAS JR
Director
- Total calculated
- $0
- Hours/week
- 1
-
BOO MITCHELL
Director
- Total calculated
- $0
- Hours/week
- 1
-
HEATHER WALKER
Secretary
- Total calculated
- $0
- Hours/week
- 1
-
CRAIG RAY
Director
- Total calculated
- $0
- Hours/week
- 1
-
JIM TROTTER
Director
- Total calculated
- $0
- Hours/week
- 1
-
STEVE AZAR
Director
- Total calculated
- $0
- Hours/week
- 1
-
MYRTIS TABB
Vice President
- Total calculated
- $0
- Hours/week
- 1
-
DEREK MILES
Director
- Total calculated
- $0
- Hours/week
- 1
-
AMY WHITTEN
Director
- Total calculated
- $0
- Hours/week
- 1
-
JORDAN GOINS
Director
- Total calculated
- $0
- Hours/week
- 1
-
BENNIE WRIGHT
Director
- Total calculated
- $0
- Hours/week
- 1
-
DANNY WHALEN
Treasurer
- Total calculated
- $0
- Hours/week
- 1
-
SHAWN MACKEY SR
Director
- Total calculated
- $0
- Hours/week
- 1
-
MICHAEL SANDERS
Director
- Total calculated
- $0
- Hours/week
- 1
-
SARITA SIMMONS
Director
- Total calculated
- $0
- Hours/week
- 1
-
SEAN WESSEL
Director
- Total calculated
- $0
- Hours/week
- 1
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
- 2023
- Filed
- 18 September 2024
- IRS schema version
- 2023v5.1
- Source object
- 202432629349301263
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