NATIONAL RHYTHM AND BLUES MUSIC SOCIETY INC A NONPROFIT CORP

EIN: 462541091 501(c)(3) Arts, Culture & Humanities

Galloway, NJ

Total Revenue
$364,425
Total Expenses
$370,300
Total Assets
$27,549
Net Assets
$27,549
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2008
Legal Domicile
NJ
Phone
6093396767
Tax Period
2022-09-01 to 2023-08-31

NATIONAL RHYTHM AND BLUES MUSIC SOCIETY INC A NONPROFIT CORP, founded in 2008, is a small nonprofit in the Arts, Culture & Humanities sector that reported $364K in total revenue in fiscal year 2022. Revenue surged 112% from the prior year, signaling strong growth momentum.

Mission

Our primary exempt purpose is the preservation of Classic Soul and R&B Music and to honor and promote the legendary artists that paved the way for today's artists.

Program Service Accomplishments

Program 1
Expenses: $49,694 Revenue: $5,304

Our organization produced The September 3, 2022 City of Atlantic City Free Summer Concert. We booked 6 Legendary Classic Soul Artists with band, 3 Local acts, DJ, Hosts to perform at this concert. We...

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Our organization produced The September 3, 2022 City of Atlantic City Free Summer Concert. We booked 6 Legendary Classic Soul Artists with band, 3 Local acts, DJ, Hosts to perform at this concert. We also used some of our public members as Day of Staff. About 1700 people attended the free concert.

Program 2
Expenses: $65,545 Revenue: $5,337

We produced the September, 10 2022 City of Atlantic City Free Summer Concert at Gardner's basin. We booked 5 legendary recording artists with bands and 3 Local Bands of our members to perform at this...

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We produced the September, 10 2022 City of Atlantic City Free Summer Concert at Gardner's basin. We booked 5 legendary recording artists with bands and 3 Local Bands of our members to perform at this concert. We also used some of the public members as day of staff. About 1900 residents attended this concert.

Program 3
Expenses: $54,778 Revenue: $6,798

On June 24, 2023 we produced The City of Atlantic City Free Summer Concert, We booked 6 legendary Classic Soul Artists whom are from our artists membership, we also booked 2 local bands, 2 hosts, and...

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On June 24, 2023 we produced The City of Atlantic City Free Summer Concert, We booked 6 legendary Classic Soul Artists whom are from our artists membership, we also booked 2 local bands, 2 hosts, and DJ. We hired some of our Public Members Day of Staff. About 800 people attended the concert.

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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 (2022)

Revenue Breakdown

Contributions & Grants $364,425
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $364,425

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $370,300
Other Expenses $370,300
TOTAL EXPENSES $370,300

Year-over-Year Comparison

2022 2021 Change
Revenue $364,425 $171,886 +1.1%
Expenses $370,300 N/A N/A
Net Income $-5,875 $171,886 -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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Governance

Voting Members
4
Independent Members
N/A
Employees
N/A
Volunteers
6

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
0
$0
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Vannessa Jordan-Gaston President 20
Director
$0 $0 $0
William Blackshear Vice President 2
Director
$0 $0 $0
Floyd Williams Trustee 2
Director
$0 $0 $0
Stuart Bascombe Trustee 5
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
2023 $364,425 $370,300 $27,549 $-5,875
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