Form 990-EZ for tax year 2024
Filed by DIVERSE EMERGING MUSIC ORGANIZATION.
Totals
- Total revenue
- $112,245
- Total expenses
- $71,227
- Contributions and grants received
- $109,923
- Grants paid
- $5,000
- Program service revenue
- $0
- Membership dues (line 3)
- $0
- Investment income (line 4)
- $685
- Gain or loss on sale of assets (line 5c)
- $0
- Gaming and fundraising events, net (line 6d)
- $0
- Gross profit on inventory sales (line 7c)
- $0
- Other revenue (line 8)
- $1,637
- Total assets, end of year
- $115,101
- Total liabilities, end of year
- $0
- Net assets or fund balances, end of year
- $115,101
- Program service expenses (Part III)
- $66,227
Program services were 93.0% of total expenses calculated — Part III's total program service expenses over total expenses, both as filed.
Mission and programs · 2024
Primary exempt purpose
FOUNDED IN 1999 AS THE DIVERSE ARTS AND MUSIC FOUNDATION, THE DIVERSE EMERGING MUSIC ORGANIZATION (DEMO) IS A MINNESOTA 501(C)3 NON-PROFIT CORPORATION WHOSE MISSION IS "SUSTAINING AND PROMOTING MINNESOTA'S INDEPENDENT MUSIC LEGACY". WE DO THIS BY PROVIDING A PERFORMANCE SPACE FOR LOCAL ARTISTS TO INTRODUCE THEIR MUSIC,CURATING A SMALL MUSEUM AND COLLABORATION SPACE FOCUSED ON LOCAL MUSIC, and SPONSORING THE MINNESOTA MUSIC ARCHIVE. ABOUT THE MINNESOTA MUSIC ARCHIVE PROJECT: THE GOAL OF THE MINNESOTA MUSIC ARCHIVE PROJECT IS TO CREATE A COMPREHENSIVE DIGITAL ARCHIVE OF EVERY INDEPENDENT AND SMALL COMMERCIAL RECORDING EVER RELEASED BY MINNESOTA MUSICIANS, PRESERVING THESE RECORDINGS FOR FUTURE GENERATIONS AND SUSTAINING MINNESOTA'S RICH MUSICAL LEGACY.
-
Support the preservation and archival of local Minnesota music.
Expenses $66,227 · Grants $5,000
As filed on the 2024 return.
Listed in Part IV
-
Theodore Martin
President
- Total calculated
- $0
- Hours/week
- 5
-
Thomas Maruska
Treasurer
- Total calculated
- $0
- Hours/week
- 5
-
Mitch Thompson
Executive Director
- Total calculated
- $24,428
- Compensation
- $24,428
- Benefit plans
- $0
- Expense account
- $0
- Hours/week
- 20
Compensation is as filed in Part IV of the Form 990-EZ: compensation, contributions to benefit plans, expense account, 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.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990_ez
- Tax year
- 2024
- Filed
- 15 February 2026
- IRS schema version
- 2024v5.0
- Source object
- 202610469349200466
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