Overview

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Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

LOCAL 4 MUSIC FUND INC is a nonprofit organization dedicated to promoting and fostering the knowledge, appreciation, understanding, enjoyment, and live performance of music. With an operating budget of $316.1K and total revenue of $276.3K for the filing year 2024, the organization is supported by notable funders such as NETWORK FOR GOOD and The George Gund Foundation. The organization does not rely on a single funder for 50% or more of its revenue.

Mission Statement

THE LOCAL 4 MUSIC FUND IS ORGANIZED WITHIN THE MEANING OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE OF 1986 FOR CHARITABLE AND EDUCATIONAL PURPOSES TO RECEIVE CONTRIBUTIONS AND GRANTS FOR THE PRIMARY PURPOSE OF PROMOTING AND FOSTERING THE KNOWLEDGE, APPRECIATION, UNDERSTANDING, ENJOYMENT, AND LIVE PERFORMANCE OF MUSIC.
Revenues
$276.3K
Expenses
$316.1K
Net Income:
-$39.8K
Assets
$150.8K
Liabilities
$17.4K
Net Assets:
+$133.4K
Operating Budget
$316.1K
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
1
Median grant size
$10K
Largest grant received
$10K
J
Julie King
Board Member
S
Shachar Israil
Board Member
R
Richard King
Board Member

Frequently Asked Questions

What is LOCAL 4 MUSIC FUND INC’s budget?
In 2024, LOCAL 4 MUSIC FUND INC reported an annual operating budget of around $316 thousand. More detailed financial information is available to registered users.
What causes does LOCAL 4 MUSIC FUND INC support?
LOCAL 4 MUSIC FUND INC supports work in Music.
Where does LOCAL 4 MUSIC FUND INC operate?
LOCAL 4 MUSIC FUND INC is headquartered in CLEVELAND, OH.
Who funded LOCAL 4 MUSIC FUND INC recently?
In 2024, LOCAL 4 MUSIC FUND INC received grants from The George Gund Foundation, The George Gund Foundation, and THE BASCOM LITTLE FUND C/O ANDREW L FABENS III. More information on this organization’s funders is available to registered users.
What is the largest grant LOCAL 4 MUSIC FUND INC received in 2024?
The largest grant to LOCAL 4 MUSIC FUND INC in 2024 exceeds $10 thousand.
What is LOCAL 4 MUSIC FUND INC’s reliance on government grants?
LOCAL 4 MUSIC FUND INC relied on government grants for more than 50% of their total revenue in 2024.