Skip to content
Nonprofiteer
← SIGMA ALPHA IOTA PHILANTHROPIES INC

Form 990 for tax year 2022

Filed by SIGMA ALPHA IOTA PHILANTHROPIES INC.

Totals

Total revenue
$618,985
Total expenses
$489,293
Contributions and grants received
$319,314
Grants paid
$114,496
Program service revenue
$335
Investment income
$220,902
Other revenue
$78,434
Total assets, end of year
$5,704,696
Total liabilities, end of year
$42,686
Net assets or fund balances, end of year
$5,662,010
Program services expenses (Part IX)
$358,370
Management and general expenses
$130,923
Fundraising expenses
$0
Program service expenses (Part III)
$358,370

Program services were 73.2% 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.

  • 1d · Related organizations

    $40,000

  • 1f · All other contributions, gifts and grants

    $279,314

  • 2a · Program service revenue: SUBSCRIPTIONS

    total $335 · related or exempt $335

  • 3 · Investment income

    total $126,090 · excluded $126,090

  • 6a · Gross rents

    real property $45,000

  • 6b · Less rental expenses

    real property $0

  • 6c · Rental income or loss

    real property $45,000

  • 6d · Net rental income or loss

    total $45,000 · related or exempt $45,000

  • 7a · Gross sales of assets other than inventory

    securities $94,812

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

    securities $0

  • 7c · Gain or loss

    securities $94,812

  • 7d · Net gain or loss

    total $94,812 · excluded $94,812

  • 11a · Other revenue: CONVENTION REVENUE

    total $32,382 · related or exempt $32,382

  • 11b · Other revenue: UNDERWRITING REVENUE

    total $1,000 · related or exempt $1,000

  • 11c · Other revenue: MISCELLANEOUS REVENUE

    total $52 · related or exempt $52

  • 11e · Other revenue, total

    $33,434

Functional expenses

Part IX, the statement of functional expenses.

  • 2 · Grants to domestic individuals

    total $114,496 · program services $114,496

  • 5 · Compensation of officers, directors and key employees

    total $4,400 · management and general $4,400

  • 11c · Fees: accounting

    total $26,980 · management and general $26,980

  • 11f · Fees: investment management

    total $31,645 · management and general $31,645

  • 13 · Office expenses

    total $18,097 · program services $18,097

  • 16 · Occupancy

    total $23,261 · management and general $23,261

  • 19 · Conferences, conventions and meetings

    total $6,957 · management and general $6,957

  • 21 · Payments to affiliates

    total $8 · management and general $8

  • 22 · Depreciation, depletion and amortization

    total $21,306 · management and general $21,306

  • 23 · Insurance

    total $16,366 · management and general $16,366

  • 24a · Other expenses: CONVENTION

    total $87,567 · program services $87,567

  • 24b · Other expenses: PUBLICATION AND LITERAR

    total $72,062 · program services $72,062

  • 24c · Other expenses: PROJECT EXPENSE

    total $34,771 · program services $34,771

  • 24d · Other expenses: PHILANTHROPIES SUPPORT

    total $30,000 · program services $30,000

  • 24e · All other expenses

    total $1,377 · program services $1,377

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $481,963 · end of year $632,356

  • 4 · Accounts receivable

    beginning of year $1,201 · end of year $360

  • 9 · Prepaid expenses and deferred charges

    beginning of year $1,874 · end of year $2,076

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

    $1,385,833

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

    $658,277

  • 10c · Land, buildings and equipment, net

    beginning of year $748,863 · end of year $727,556

  • 11 · Investments: publicly traded securities

    beginning of year $4,133,120 · end of year $4,341,906

  • 15 · Other assets

    beginning of year $2,104 · end of year $442

  • 17 · Accounts payable and accrued expenses

    beginning of year $45,376 · end of year $42,191

  • 25 · Other liabilities

    beginning of year $976 · end of year $495

  • 27 · Net assets without donor restrictions

    beginning of year $5,311,823 · end of year $5,662,010

  • 28 · Net assets with donor restrictions

    beginning of year $10,950 · end of year $0

Mission and programs · 2022

Mission

TO ADVANCE ALL PHASES OF MUSIC AND TO RAISE STANDARDS OF MUSIC

  • THE ORGANIZATION PROVIDES SCHOLARSHIPS AND GRANTS TO PROMOTE MUSICAL DEVELOPMENT AND GROWTH AMONG MUSICAL STUDENTS.

    Expenses $286,308 · Grants $114,496 · Revenue $78,769

  • THE ORGANIZATION PUBLISHES A JOURNAL,"PAN PIPES", WHICH FACILITATES COMMUNICATION AND AWARENESS AMONG STUDENTS OF MUSIC.

    Expenses $72,062

As filed on the 2022 return.

Listed in Part VII

  • Tracey Wygal Withrow

    CHAIRMAN

    Total calculated
    $2,350
    From this org
    $1,600
    From related orgs
    $750
    Other
    $0
    Hours/week
    10 + 10 related

  • Susan Christopher

    VICE CHAIRMAN

    Total calculated
    $0
    Hours/week
    5

  • Tamara Friedlander Shoemaker

    TREASURER

    Total calculated
    $600
    From this org
    $600
    From related orgs
    $0
    Other
    $0
    Hours/week
    2

  • Christin Vare

    SECRETARY

    Total calculated
    $0
    Hours/week
    2

  • Leslie Hoggatt

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Jessica Chichester

    SAI NATIONAL PRESIDENT

    Total calculated
    $3,250
    From this org
    $0
    From related orgs
    $3,250
    Other
    $0
    Hours/week
    2 + 35 related

  • Ayanna-Mone Arnold

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Keri Flowers Richburg

    SAI NVP FINANCE

    Total calculated
    $1,500
    From this org
    $0
    From related orgs
    $1,500
    Other
    $0
    Hours/week
    2 + 20 related

  • Ruth Sieber Johnson

    SAI EXECUTIVE DIRECTOR

    Total calculated
    $81,843
    From this org
    $0
    From related orgs
    $81,843
    Other
    $0
    Hours/week
    10 + 40 related

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.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2022
Filed
3 April 2024
IRS schema version
2022v5.0
Source object
202400949349300330

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.