Public Charity

FRIENDS OF NAVAL ACADEMY MUSIC INC

FRIENDS OF NAVAL ACADEMY MUSIC INC is a nonprofit organization categorized as Public Charity based in CROFTON, MD. Its most recent IRS filing (2024) reports revenue of $233K, expenses of $79K, total assets of $730K. Imperigo tracks 5 reported grant relationships connected to this organization totaling approximately $126K.

EIN: 461084699 CROFTON, MD Latest filing: 2024
Total Revenue$233K
Total Expenses$79K
Total Assets$730K
Grant Records5
Funding Total$126K
Filing Years2019–2024

Mission

FRIENDS OF NAVAL ACADEMY MUSIC, INC (FONAM) IS A 501 (C) 3 NON-PROFIT ORGANIZATION ESTABLISHED TO PROVIDE PRIVATE FINANCIAL SUPPORT FOR NAVAL ACADEMY MUSICAL ACTIVITIES. OUR INITIAL GOAL IS TO RAISE $10 MILLION IN OPERATING FUNDS WHICH WOULD GUARANTEE THE SUSTAINABILITY OF THE MUSIC PROGRAM AT USNA FOR YEARS TO COME. FONAM FUNDS ARE 100% ALLOCATED TOWARDS MUSICAL ACTIVITIES, WITH NO RESTRICTIONS IN TIMES OF DEFENSE BUDGETARY CUTS OR SEQUESTRATION, MAKING THEM MORE VITAL NOW THAN EVER. FUNDS RAISED ARE ALLOCATED AMONG BUILDING STRATEGIC AND EMERGENCY RESERVES AND IMMEDIATE PROGRAM FUNDING.

Officers & Directors

DIRECTOR Alice Ann Calhoun
TREASURER Amy Smith
DIRECTOR April Mcbride
DIRECTOR Brian Fontaine-Isaac
SECRETARY Carol Kepler
DIRECTOR Chad Redmer

Officer compensation and complete director data available with membership.

Top Grant Purposes

For grant recipient's exempt purposes
$100,000 1 grant
GENERAL SUPPORT
$16,807 2 grants
ARTS, CULTURE & HUMANITIES
$8,450 1 grant
CULTURE
$500 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $233K $79K $730K
2023 $217K $86K $639K
2022 $167K $80K $470K
2020 $106K $74K $358K
2019 $215K $49K $279K

Between 2019 and 2024, reported annual revenue grew from $215K to $233K (+8%), with total assets most recently reported at $730K.

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

See the full picture for FRIENDS OF NAVAL ACADEMY MUSIC INC

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