FRANK BROWN INTERNATIONAL FOUNDATION FOR MUSIC INC

EIN: 300103847 501(c)(3) Arts, Culture & Humanities

PENSACOLA, FL

Total Revenue
$43,469
Total Expenses
$30,000
Total Assets
$84,235
Net Assets
$84,235
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2002
Legal Domicile
FL
Principal Officer
PAUL A HAYNES
Phone
2519786213
Tax Period
2023-01-01 to 2023-12-31

FRANK BROWN INTERNATIONAL FOUNDATION FOR MUSIC INC, founded in 2002, is a micro nonprofit in the Arts, Culture & Humanities sector that reported $43K in total revenue in fiscal year 2023. Revenue fell 81% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $13K, a strong 31% operating margin.

Mission

TO PROVIDE A STAGE FOR ALL TYPES OF MUSIC TO BE BORN. TO EXPOSE STUDENTS TO PROFESSIONAL MUSICIANS WHO PROMOTE A RICH CULTURAL MUSIC EXPERIENCE AND MOTIVATE THE STUDENTS TO INCREASE THEIR OWN CREATIVE MUSIC WRITING WITH THE OPPORTUNITY OF SCHOLARSHIPS AWARDED FOR HIGHER EDUCATION.

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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 $55,514
Program Service Revenue $0
Investment Income $0
Other Revenue $-12,045
TOTAL REVENUE $43,469

Expense Breakdown

Grants Paid $0
Salaries & Benefits $30,000
Fundraising Expenses $0
Program Expenses $30,000
Other Expenses $0
TOTAL EXPENSES $30,000

Year-over-Year Comparison

2023 2022 Change
Revenue $43,469 $229,724 -0.8%
Expenses $30,000 $213,776 -0.9%
Net Income $13,469 $15,948 -0.2%
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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Liquidity & Cash Position

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Governance

Voting Members
16
Independent Members
N/A
Employees
N/A
Volunteers
N/A

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
4
$30,000
Total Directors
13
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
PAUL A HAYNES EXECUTIVE DI 20.00
Officer
$30,000 $0 $30,000
PEGGY BUTLER VICE PRESIDE N/A
Officer Director
$0 $0 $0
BRUCIE GLASSELL DIRECTOR N/A
Director
$0 $0 $0
PAT MCCLELLAN DIRECTOR N/A
Director
$0 $0 $0
DAVIS NIX DIRECTOR N/A
Director
$0 $0 $0
BRANDON PARNELL PRESIDENT N/A
Officer Director
$0 $0 $0
JENIFER PARNELL SECRETARY N/A
Officer Director
$0 $0 $0
BOBBIE PERRY DIRECTOR N/A
Director
$0 $0 $0
LINDA PONDER DIRECTOR N/A
Director
$0 $0 $0
PAUL PONDER DIRECTOR N/A
Director
$0 $0 $0
CAMERON PRICE DIRECTOR N/A
Director
$0 $0 $0
GARY ROGERS DIRECTOR N/A
Director
$0 $0 $0
KENT SANDERSON DIRECTOR N/A
Director
$0 $0 $0
PATSYANNE STOUT DIRECTOR N/A
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
2024 No data No data No data No data
2023 $43,469 $30,000 $84,235 $13,469
2022 $229,724 $213,776 $70,766 $15,948
2021 $221,427 $171,600 $54,818 $49,827
2019 $208,574 $182,531 $14,988 $26,043
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