Public Charity

CLEVELAND MUSIC FOUNDATION INC

CLEVELAND MUSIC FOUNDATION INC is a Public Charity headquartered in CLEVELAND, MS. Financial data from the 2024 filing: $2.0M revenue, $2.0M expenses, $17.1M total assets. 31 publicly reported grants to this organization, totaling roughly $1.6M, appear in IRS filings.

EIN: 453186945 CLEVELAND, MS Museums NTEE: A50 Latest filing: 2024
Total Revenue$2.0M
Total Expenses$2.0M
Total Assets$17.1M
Grant Records31
Funding Total$1.6M
Filing Years2020–2024

Mission

To educate and inspire through the universal language of music. To provide unique experiences for all, using music as a gateway to learning.GRAMMY Museum Mississippi is an exciting and interactive celebration of the power of music occupying a vibrant space in Cleveland, Mississippi. Cutting edge exhibits, interactive experiences and films provide a one-of-a-kind visitor experience engaging, educational, celebratory, and inspirational.

Where $100 goes at Cleveland Music Foundation Inc

How Cleveland Music Foundation Inc divides every $100 it spends, from its own Form 990 filings, averaged across 8 years.

$69 Programs the work itself
$28 Management running the organization
$3 Fundraising raising the next dollar

Inside the $69 for programs

$35
GRAMMY Museum Mississippi operates programs and related activities to acknowledge and honor a diverse group of musicians and other performing artists for their contributions to American music
50% of program spending
$34
The Museum provides music education for students inside the museum with museum tours, education workshops, summer camps, instrument lessons, sensory-friendly programs, family day activities, and education outreach workshops…
About 50% (cost not reported)
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Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

Director Amy Whitten
President Becky Nowell
Director Bennie Wright
Director Betsy Aguzzi
Director Boo Mitchell
Controller Chace Holland

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$1,291,361 16 grants
Arts & Culture
$163,149 7 grants
Unspecified
$109,875 6 grants

Financial Trends

Year Revenue Expenses Assets
2024 $2.0M $2.0M $17.1M
2023 $2.0M $1.9M $17.0M
2022 $1.8M $1.7M $17.0M
2021 $4.4M $1.9M $16.8M
2020 $1.2M $1.6M $16.9M

Between 2020 and 2024, reported annual revenue grew from $1.2M to $2.0M (+71%), with total assets most recently reported at $17.1M.

Interactive year-over-year charts and full filing details available with membership.

See the full picture for CLEVELAND MUSIC FOUNDATION INC

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