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Nonprofiteer
← SOUND FUTURE FOUNDATION

Form 990 for tax year 2022

Filed by SOUND FUTURE FOUNDATION.

Totals

Total revenue
$227,711
Total expenses
$168,701
Contributions and grants received
$227,705
Grants paid
$0
Program service revenue
$0
Investment income
$6
Other revenue
$0
Total assets, end of year
$144,810
Total liabilities, end of year
$85,800
Net assets or fund balances, end of year
$59,010
Program services expenses (Part IX)
$15,000
Management and general expenses
$124,836
Fundraising expenses
$28,865
Program service expenses (Part III)
$15,000

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.

  • 1f · All other contributions, gifts and grants

    $227,705

  • 3 · Investment income

    total $6 · excluded $6

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $50,000 · management and general $50,000

  • 10 · Payroll taxes

    total $3,867 · management and general $3,867

  • 11b · Fees: legal

    total $16,791 · management and general $16,791

  • 11g · Fees: other

    total $44,394 · management and general $44,394

  • 12 · Advertising and promotion

    total $8,200 · management and general $8,200

  • 13 · Office expenses

    total $127 · management and general $127

  • 14 · Information technology

    total $15,355 · program services $15,000 · management and general $355

  • 23 · Insurance

    total $500 · management and general $500

  • 24a · Other expenses: EVENT EXPENSES

    total $28,865 · fundraising $28,865

  • 24b · Other expenses: BANK CHARGES

    total $602 · management and general $602

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    end of year $144,810

  • 17 · Accounts payable and accrued expenses

    end of year $20,800

  • 22 · Loans and payables to officers and key people

    end of year $65,000

  • 27 · Net assets without donor restrictions

    end of year $59,010

Mission and programs · 2022

Mission

SOUND FUTURE FOUNDATION ("FOUNDATION") WAS FORMED WITH THE GOAL OF RESEARCHING AND DEVELOPING MEANINGFUL SOLUTIONS TO ADDRESS THE ENVIRONMENTAL IMPACT OF LIVE EVENTS. LIVE EVENTS ARE GENERALLY NOT ENVIRONMENTALLY FRIENDLY AND HAVE A LARGE CARBON FOOTPRINT BECAUSE THEY CONSUME LARGE AMOUNTS OF ENERGY AND CREATE A LOT OF WASTE THAT IS NOT RECYCLABLE OR COMPOSTABLE.

  • COORDINATING AND DIRECTLY CONDUCTING RESEARCH REGARDING WAYS THE LIVE EVENT INDUSTRY CAN OPERATE IN A MORE ENVIRONMENTALLY SUSTAINABLE MANNER.

  • EDUCATING THE GENERAL PUBLIC REGARDING THE NEGATIVE EFFECT LIVE ENTERTAINMENT HAS ON THE ENVIRONMENT. THE FOUNDATION WILL USE THE RESULTS OF ITS RESEARCH TO ADVOCATE FOR THE CONDUCT OF LIVE EVENTS IN A MANNER THAT SLOWS OR HOPEFULLY BEGINS TO REVERSE THE NEGATIVE IMPACT THESE EVENTS HAVE ON THE ENVIRONMENT.

    Expenses $15,000

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Cassie Lee

    CHAIR, DIRECTOR, PRES/CEO

    Total calculated
    $50,000
    From this org
    $50,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    40
  • Brandy Schultz

    SECRETARY, DIRECTOR

    Total calculated
    $0
    Hours/week
    10
  • Ashley O'Winter

    TREASURER, DIRECTOR

    Total calculated
    $0
    Hours/week
    10

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
2022
Filed
14 November 2023
IRS schema version
2022v5.0
Source object
202323199349303177

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