BRANDYWINE FRIENDS OF OLD TIME MUSICINC

EIN: 237429152 501(c)(3) Arts, Culture & Humanities

GREENVILLE, DE

Total Revenue
$223,036
Total Expenses
$224,424
Total Assets
$237,700
Net Assets
$237,700
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1972
Legal Domicile
DE
Principal Officer
BRIAN DUFFY
Phone
3023216466
Tax Period
2023-01-01 to 2023-12-31

BRANDYWINE FRIENDS OF OLD TIME MUSICINC, founded in 1972, is a small nonprofit in the Arts, Culture & Humanities sector that reported $223K in total revenue in fiscal year 2023. Revenue decreased 17% compared to the prior year.

Mission

TO INFORM THE PUBLIC AND PROMOTE THE STUDY AND APPRECIATION OF SEVERAL ASPECTS OF TRADITIONAL AMERICAN FOLKLORE AND MUSIC, MORE SPECIFICALLY DESIGNATED AS "OLD TIME AND "BLUEGRASS" MUSIC.

Program Service Accomplishments

Program 1
Expenses: $179,595 Revenue: $188,971

TO ENCOURAGE THE PRESERVATION OF TRADITIONAL AMERICAN MUSIC BY PROVIDING VENUES FOR MUSICIANS TO PERFORM AND PROVIDING SUPPORT TO OTHER AREA MUSIC ORGANIZATIONS AND FESTIVALS.

Program 2
Expenses: $3,500

KID'S ACADEMY - A PROGRAM WHERE YOUNG MUSICIANS RECEIVE INSTRUCTION AND AN OPPORTUNITY TO PERFORM WITH THEIR INSTRUMENT WITH OTHERS WHO SHARE THEIR INTEREST IN THE MUSIC.

Program 3
Expenses: $3,520

SLIPPERY HILL PROJECT - EXPANSION & MAINTENANCE OF A WEBSITE COLLECTION OF AUDIO VERSIONS OF TRADITIONAL TUNES FOR PRESERVATION & MUSICIANS' EDUCATIONAL PURPOSES.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $33,546
Program Service Revenue $188,971
Investment Income $519
Other Revenue $0
TOTAL REVENUE $223,036

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $186,615
Other Expenses $224,424
TOTAL EXPENSES $224,424

Year-over-Year Comparison

2023 2022 Change
Revenue $223,036 $268,201 -0.2%
Expenses $224,424 $204,652 +0.1%
Net Income $-1,388 $63,549 -1.0%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
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Financial Health Indicators

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Governance

Voting Members
14
Independent Members
14
Employees
N/A
Volunteers
100

Governance Policies

✗ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
6
$0
Total Directors
14
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BETSY VOSS PRESIDENT 3.00
Officer Director
$0 $0 $0
TODD DENTON VICE PRESIDENT 2.00
Officer Director
$0 $0 $0
DEBORAH DURANT VICE CHAIR/FESTIVAL DIRECTOR 2.00
Officer Director
$0 $0 $0
JOHN P HOLTON SECRETARY 2.00
Officer Director
$0 $0 $0
BRIAN DUFFY CHAIRMAN 1.50
Officer Director
$0 $0 $0
NANCY LYNCH DIRECTOR 1.00
Director
$0 $0 $0
JOHN R MCGONEGAL DIRECTOR 1.50
Director
$0 $0 $0
BOB MCEVOY DIRECTOR 1.50
Director
$0 $0 $0
JUDITH HOUGH-GOLDSTEIN DIRECTOR 1.50
Director
$0 $0 $0
CARL GOLDSTEIN PAST CHAIR 1.50
Director
$0 $0 $0
JOHN T LUPTON TREASURER 1.00
Officer Director
$0 $0 $0
HOWARD PARKER DIRECTOR 1.50
Director
$0 $0 $0
SHELDON SANDLER DIRECTOR 1.50
Director
$0 $0 $0
MARTHA HUDAK NON-ACTIVE 1.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 No data No data No data No data
2024 No data No data No data No data
2023 $223,036 $224,424 $237,700 $-1,388
2022 $268,201 $204,652 $238,353 $63,549
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