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Nonprofiteer
← TUESDAY MUSICAL ASSOCIATION

Form 990 for tax year 2024

Filed by TUESDAY MUSICAL ASSOCIATION.

Totals

Total revenue
$797,659
Total expenses
$781,101
Contributions and grants received
$526,771
Grants paid
$41,250
Program service revenue
$170,517
Investment income
$100,371
Other revenue
$0
Total assets, end of year
$6,362,789
Total liabilities, end of year
$457,701
Net assets or fund balances, end of year
$5,905,088
Program services expenses (Part IX)
$400,102
Management and general expenses
$344,073
Fundraising expenses
$36,926
Program service expenses (Part III)
$400,102

Program services were 51.2% 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.

  • 1e · Government grants (contributions)

    $38,572

  • 1f · All other contributions, gifts and grants

    $488,199

  • 2a · Program service revenue: CONCERT TICKET SALES

    total $142,148 · related or exempt $142,148

  • 2b · Program service revenue: MEMBERSHIP DUES

    total $9,832 · related or exempt $9,832

  • 2c · Program service revenue: SCHOLARSHIP APPLICATION FEES

    total $4,880 · related or exempt $4,880

  • 2f · All other program service revenue

    total $13,657 · related or exempt $13,657

  • 3 · Investment income

    total $144,509 · excluded $144,509

  • 7a · Gross sales of assets other than inventory

    securities $2,249,502

  • 7b · Less cost or other basis and sales expenses

    securities $2,293,640

  • 7c · Gain or loss

    securities -$44,138

  • 7d · Net gain or loss

    total -$44,138 · excluded -$44,138

Functional expenses

Part IX, the statement of functional expenses.

  • 2 · Grants to domestic individuals

    total $41,250 · program services $41,250

  • 6 · Compensation of disqualified persons

    total $81,463 · program services $52,951 · fundraising $28,512

  • 7 · Other salaries and wages

    total $101,156 · management and general $98,418 · fundraising $2,738

  • 8 · Pension plan contributions

    total $3,035 · management and general $2,953 · fundraising $82

  • 9 · Other employee benefits

    total $14,399 · program services $551 · management and general $12,881 · fundraising $967

  • 10 · Payroll taxes

    total $13,753 · program services $3,331 · management and general $8,202 · fundraising $2,220

  • 11c · Fees: accounting

    total $17,920 · management and general $17,920

  • 11f · Fees: investment management

    total $41,271 · management and general $41,271

  • 12 · Advertising and promotion

    total $109,068 · management and general $109,068

  • 13 · Office expenses

    total $9,331 · program services $5,835 · management and general $3,496

  • 14 · Information technology

    total $128 · management and general $128

  • 16 · Occupancy

    total $26,680 · management and general $26,680

  • 19 · Conferences, conventions and meetings

    total $7,079 · management and general $7,079

  • 22 · Depreciation, depletion and amortization

    total $1,545 · management and general $1,545

  • 23 · Insurance

    total $5,829 · management and general $5,829

  • 24a · Other expenses: ARTISTS' FEES

    total $197,940 · program services $197,940

  • 24b · Other expenses: CONCERT EXPENSES

    total $47,196 · program services $47,196

  • 24c · Other expenses: EDUCATION OUTREACH

    total $37,967 · program services $37,967

  • 24d · Other expenses: CONCERT RECEPTIONS

    total $4,232 · program services $4,232

  • 24e · All other expenses

    total $19,859 · program services $8,849 · management and general $8,603 · fundraising $2,407

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $327,179 · end of year $361,014

  • 2 · Savings and temporary cash investments

    beginning of year $626,187 · end of year $416,226

  • 3 · Pledges and grants receivable

    beginning of year $10,000 · end of year $72,000

  • 10a · Land, buildings and equipment: cost or other basis

    $170,070

  • 10b · Land, buildings and equipment: accumulated depreciation

    $148,205

  • 10c · Land, buildings and equipment, net

    beginning of year $7,710 · end of year $21,865

  • 11 · Investments: publicly traded securities

    beginning of year $4,574,367 · end of year $5,279,561

  • 15 · Other assets

    beginning of year $238,296 · end of year $212,123

  • 17 · Accounts payable and accrued expenses

    beginning of year $4,848 · end of year $5,566

  • 19 · Deferred revenue

    beginning of year $101,289 · end of year $95,333

  • 21 · Escrow or custodial account liability

    beginning of year $276,926 · end of year $313,273

  • 25 · Other liabilities

    beginning of year $45,274 · end of year $43,529

  • 27 · Net assets without donor restrictions

    beginning of year $3,358,822 · end of year $3,750,216

  • 28 · Net assets with donor restrictions

    beginning of year $1,996,580 · end of year $2,154,872

Mission and programs · 2024

Mission

TUESDAY MUSICAL ENRICHES THE CULTURAL LIFE OF GREATER AKRON AND NORTHEAST OHIO BY CONNECTING TODAY'S EXCEPTIONAL PERFORMERS WITH AUDIENCES, STUDENTS, AND MEMBERS IN POWERFUL WAYS AND BY ADVANCING THE POSITIVE POWER OF MUSIC IN OUR COMMUNITY. THIS IS ACHIEVED THROUGH DISTINCTIVE, APPEALING, AND ACCESSIBLE PERFORMANCES; DYNAMIC COLLABORATIONS WITH OUR COMMUNITY; MEANINGFUL EDUCATION PROGRAMS; AND AN ENGAGED MEMBERSHIP THAT PAYS TRIBUTE TO OUR LEGACY AS A GRASSROOTS ORGANIZATION CREATED BY AND FOR MUSIC LOVERS.

Activities or mission (Part I)

BRINGING MUSIC'S POWER TO LIFE THROUGH PERFORMANCE, EDUCATION AND COMMUNITY CONNECTION.

  • TUESDAY MUSICAL ASSOCIATION ADVANCES THE TRANSFORMATIVE POWER OF MUSIC THROUGH PERFORMANCE, EDUCATION, AND ENGAGEMENT. FOUNDED IN 1887, TUESDAY MUSICAL IS ONE OF OHIO'S OLDEST AND MOST RESPECTED ARTS ORGANIZATIONS. WE PRESENT INTERNATIONALLY ACCLAIMED ARTISTS IN ACCESSIBLE, HIGH-QUALITY CONCERTS THAT ENRICH THE CULTURAL LIFE OF GREATER AKRON AND NORTHEAST OHIO. OUR PROGRAMS EXTEND FAR BEYOND THE STAGE, INCLUDING ROBUST EDUCATION INITIATIVES THAT SERVE STUDENTS OF ALL AGES, ANNUAL SCHOLARSHIP COMPETITIONS THAT SUPPORT EMERGING MUSICIANS, AND COMMUNITY COLLABORATIONS THAT FOSTER INCLUSION, DIVERSITY, HEALING, AND LIFELONG APPRECIATION OF THE ARTS. THROUGH THESE EFFORTS, TUESDAY MUSICAL PRESERVES ARTISTIC EXCELLENCE WHILE PROMOTING CULTURAL UNDERSTANDING ON A LOCAL AND GLOBAL SCALE. WE REMAIN ROOTED IN OUR GRASSROOTS LEGACY CREATED BY AND FOR MUSIC LOVERS AND COMMITTED TO ENSURING THAT THE ARTS REMAIN A VIBRANT, UNIFYING FORCE IN OUR REGION AND BEYOND.

    Expenses $400,102 · Grants $41,250 · Revenue $170,517

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Claire Purdy

    BOARD PRESIDENT

    Total calculated
    $0
    Hours/week
    2.5
  • James Wilding

    VICE PRESIDENT/PRESIDENT ELECT

    Total calculated
    $0
    Hours/week
    2.5
  • Sally Childs

    SECRETARY

    Total calculated
    $0
    Hours/week
    2.5
  • Paul Mucha

    TREASURER

    Total calculated
    $0
    Hours/week
    2.5
  • Linda Liesem

    GOVERNANCE COMMITTEE CHAIR

    Total calculated
    $0
    Hours/week
    1.5
  • Jennifer Stenroos

    BRAHMS ALLEGRO CHAIR

    Total calculated
    $0
    Hours/week
    1.5
  • Louise Harvey

    DEVELOPMENT CHAIR

    Total calculated
    $0
    Hours/week
    1.5
  • Teresa Good

    EDUCATION CO-CHAIR

    Total calculated
    $0
    Hours/week
    2.5
  • Michele Monigold

    EDUCATION CO-CHAIR

    Total calculated
    $0
    Hours/week
    2.5
  • Bobbie Eaton

    HOSPITALITY CHAIR

    Total calculated
    $0
    Hours/week
    1.5
  • Fred Specht

    MEMBERSHIP CHAIR

    Total calculated
    $0
    Hours/week
    1.5
  • Stanislav Golovin

    MEMBER PROGRAMS CHAIR

    Total calculated
    $0
    Hours/week
    1.5
  • Mark Greer

    SCHOLARSHIP CO-CHAIR

    Total calculated
    $0
    Hours/week
    1.5
  • George Pope

    SCHOLARSHIP CO-CHAIR

    Total calculated
    $0
    Hours/week
    1.5
  • Theron Brown

    MEMBER AT LARGE

    Total calculated
    $0
    Hours/week
    1.5
  • Diane Klein

    MEMBER AT LARGE

    Total calculated
    $0
    Hours/week
    1.5
  • Bryan Meek

    MEMBER AT LARGE

    Total calculated
    $0
    Hours/week
    1.5
  • Marianne Miller

    MEMBER AT LARGE

    Total calculated
    $0
    Hours/week
    1.5
  • Landon Nyanko

    MEMBER AT LARGE

    Total calculated
    $0
    Hours/week
    1.5
  • Marc Weagraff

    MEMBER AT LARGE

    Total calculated
    $0
    Hours/week
    1.5
  • Shirley Workman

    MEMBER AT LARGE

    Total calculated
    $0
    Hours/week
    1.5
  • Cynthia Snider

    EXECUTIVE DIRECTOR

    Total calculated
    $78,123
    From this org
    $68,878
    From related orgs
    $0
    Other
    $9,245
    Hours/week
    40

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
24 February 2026
IRS schema version
2024v5.5
Source object
202620589349301402

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

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