THE MUNDI PROJECT

EIN: 383734621 501(c)(3) Arts, Culture & Humanities

SALT LAKE CITY, UT

Total Revenue
$239,581
Total Expenses
$227,217
Total Assets
$249,642
Net Assets
$188,219
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2006
Legal Domicile
UT
Principal Officer
ZACH JACOB
Phone
8014878594
Tax Period
2024-01-01 to 2024-12-31

THE MUNDI PROJECT, founded in 2006, is a small nonprofit in the Arts, Culture & Humanities sector that reported $240K in total revenue in fiscal year 2024. Revenue grew 9% year-over-year, indicating healthy expansion. Expenses of $227K left a modest 5% surplus.

Mission

THE ORGANIZATION'S MISSION IS TO ACTIVELY BREAK DOWN SOCIOECONOMIC AND GENERATIONAL BARRIERS BY PROVIDING QUALITY MUSIC EXPERIENCES FOR ALL.

Program Service Accomplishments

Program 1
Expenses: $63,550 Revenue: $8,024

HARMONY HUB - HARMONY HUB PROVIDES PAY-WHAT-YOU-CAN GROUP MUSIC CLASSES IN PIANO AND VOICE, WITH A FOCUS ON COMMUNITY BUILDING AND CONFIDENCE THROUGH MUSIC. IN 2024, 310 UNIQUE LEARNERS PARTICIPATED...

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HARMONY HUB - HARMONY HUB PROVIDES PAY-WHAT-YOU-CAN GROUP MUSIC CLASSES IN PIANO AND VOICE, WITH A FOCUS ON COMMUNITY BUILDING AND CONFIDENCE THROUGH MUSIC. IN 2024, 310 UNIQUE LEARNERS PARTICIPATED IN 516 CLASS SESSIONS ACROSS FOUR COMMUNITY SITES. CLASSES SERVED PREDOMINANTLY LOW-INCOME, DIVERSE COMMUNITIES, WITH FULL SCHOLARSHIPS PROVIDED TO ALL WHO NEEDED THEM.

Program 2
Expenses: $45,708 Revenue: $7,500

MUNDI LIVE - MUNDI LIVE DELIVERED MUSIC EXPERIENCES FOR INTERGENERATIONAL AND NICHE AUDIENCES, INCLUDING MUSIC THERAPY SESSIONS CONNECTING YOUTH AND OLDER ADULTS, MUSIC APPRECIATION COURSES, AND...

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MUNDI LIVE - MUNDI LIVE DELIVERED MUSIC EXPERIENCES FOR INTERGENERATIONAL AND NICHE AUDIENCES, INCLUDING MUSIC THERAPY SESSIONS CONNECTING YOUTH AND OLDER ADULTS, MUSIC APPRECIATION COURSES, AND CULTURAL WORKSHOPS. IN 2024, 2,150 PARTICIPANTS WERE REACHED THROUGH 72 EVENTS, REDUCING SOCIAL ISOLATION AMONG SENIORS AND DEEPENING CULTURAL AWARENESS FOR CHILDREN.

Program 3
Expenses: $76,970 Revenue: $4,119

PIANO BANK - PIANO BANK CONTINUED TO EXPAND MUSIC ACCESS THROUGH PIANO DONATIONS. IN 2024, 32 PIANOS WERE PLACED - 26 IN HOUSEHOLDS (SUPPORTING 115 INDIVIDUALS) AND 6 IN PUBLIC SPACES SUCH AS...

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PIANO BANK - PIANO BANK CONTINUED TO EXPAND MUSIC ACCESS THROUGH PIANO DONATIONS. IN 2024, 32 PIANOS WERE PLACED - 26 IN HOUSEHOLDS (SUPPORTING 115 INDIVIDUALS) AND 6 IN PUBLIC SPACES SUCH AS SCHOOLS, ARTS CENTERS, AND COMMUNITY ORGANIZATIONS. COLLECTIVELY, PIANO BANK PLACEMENTS IMPACTED AN ESTIMATED 5,100 INDIVIDUALS STATEWIDE.

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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 $219,197
Program Service Revenue $19,643
Investment Income $741
Other Revenue $0
TOTAL REVENUE $239,581

Expense Breakdown

Grants Paid $52,180
Salaries & Benefits $86,023
Fundraising Expenses $16,737
Program Expenses $186,228
Other Expenses $89,014
TOTAL EXPENSES $227,217

Year-over-Year Comparison

2024 2023 Change
Revenue $239,581 $220,297 +0.1%
Expenses $227,217 $244,185 -0.1%
Net Income $12,364 $-23,888 -1.5%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
7
Independent Members
7
Employees
3
Volunteers
35

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
$46,910
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CODY GOETZ EXECUTIVE DI 30.00
Officer
$46,910 $0 $46,910
IVON HUERTA PRESIDENT 1.00
Officer Director
$0 $0 $0
MIKE HUGHES TREASURER 1.00
Officer Director
$0 $0 $0
LEE PETEK SECRETARY 1.00
Officer Director
$0 $0 $0
JOSHUA BROTHERS BOARD MEMBER 1.00
Director
$0 $0 $0
DELILAH MARTIS BOARD MEMBER 1.00
Director
$0 $0 $0
STEPHANIE CURTIS BOARD MEMBER 1.00
Director
$0 $0 $0
CAITLIN OLIVE 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
2024 $239,581 $227,217 $249,642 $12,364
2023 $220,297 $244,185 $179,265 $-23,888
2022 $302,632 $253,502 $205,107 $49,130
2021 $229,255 $209,608 $155,472 $19,647
2020 $160,698 $144,762 $144,064 $15,936
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