MUSIC FOR ALL FOUNDATION

EIN: 363991517 501(c)(3) Philanthropy & Grantmaking

INDIANAPOLIS, IN

Total Revenue
$54,805
Total Expenses
$13,135
Total Assets
$593,559
Net Assets
$566,854
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1985
Legal Domicile
IN
Principal Officer
DAVID C ELLIS
Phone
3176362263
Tax Period
2024-03-01 to 2025-02-28

MUSIC FOR ALL FOUNDATION, founded in 1985, is a micro nonprofit in the Philanthropy & Grantmaking sector that reported $55K in total revenue in fiscal year 2024. Revenue decreased 18% compared to the prior year. The organization ran a surplus of $42K, a strong 76% operating margin.

Mission

THE FOUNDATION WAS ESTABLISHED IN ORDER TO DISTRIBUTE GRANTS AND SCHOLARSHIPS TO DESERVING STUDENTS IN ORDER TO FURTHUR MUSIC 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 (2024)

Revenue Breakdown

Contributions & Grants $2,030
Program Service Revenue $0
Investment Income $52,775
Other Revenue $0
TOTAL REVENUE $54,805

Expense Breakdown

Grants Paid $11,575
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $11,575
Other Expenses $1,560
TOTAL EXPENSES $13,135

Year-over-Year Comparison

2024 2023 Change
Revenue $54,805 $67,193 -0.2%
Expenses $13,135 $20,819 -0.4%
Net Income $41,670 $46,374 -0.1%
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

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
7
Independent Members
7
Employees
N/A
Volunteers
3

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
3
$164,505
Total Directors
7
$329,803
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SARAH LOUGHERY CPA TREASURER 1.00
Officer Director
$0 $23,217 $164,505
DOUGLAS PILERI CHAIRMAN 1.00
Officer Director
$0 $0 $0
ERIN JENKINSON SECRETARY 1.00
Officer Director
$0 $0 $0
CINDY POWELL BOARD MEMBER 1.00
Director
$0 $0 $0
DEBBIE ASBILL BOARD MEMBER 1.00
Director
$0 $9,717 $165,298
SAM HODSON BOARD MEMBER 1.00
Director
$0 $0 $0
CORA STEINMETZ BOARD MEMBER 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 $54,805 $13,135 $593,559 $41,670
2024 $67,193 $20,819 $540,785 $46,374
2023 $15,226 $13,954 $479,477 $1,272
2022 $24,116 $2,522 $524,588 $21,594
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