WEDNESDAY MUSIC CLUB

EIN: 541137611 501(c)(3) Education

CHARLOTTESVILLE, VA

Total Revenue
$499,976
Total Expenses
$139,302
Total Assets
$2,524,594
Net Assets
$2,524,594
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Financial Trends

Organization Details

Formation Year
1923
Principal Officer
NANCY BERTRAM
Phone
4349718402
Tax Period
2024-07-01 to 2025-06-30

WEDNESDAY MUSIC CLUB, founded in 1923, is a small nonprofit in the Education sector that reported $875K in total revenue in fiscal year 2017. Revenue surged 1495% from the prior year, signaling strong growth momentum. The organization ran a surplus of $785K, a strong 90% operating margin.

Mission

FOUNDED IN 1923, THE WEDNESDAY MUSIC CLUB PROMOTES AND EXPANDS QUALITY MUSICAL AND EDUCATIONALOPPORTUNITIES FOR ITS MEMBERS, FOR TEACHERS, FOR MUSIC LOVERS, AND FOR THE YOUTH OF CENTRAL VIRGINIA THROUGH REGULAR PERFORMANCES, SHARED GROUP EXPERIENCES, COMPETITION, AND FINANCIALSUPPORT.REGULAR PROGRAMS INCLUDE:MONTHLY PROGRAMS FEATURING PERFORMANCES BY ACCOMPLISHED AREA MUSICIANSALLOCATION OF 10,000+ IN NEEDBASED TUITION ASSISTANCE SCHOLARSHIPS FOR PRIVATE MUSICLESSONS TO AREA YOUTHANNUAL, PROFESSIONALLY ADJUDICATED COMPETITION FOR AREA YOUTH, AND AN ANNUAL WINNERS' RECITAL. WINNERS ARE AWARDED 11,000+ IN CASH AWARDS AND SCHOLARSHIPS TO ATTEND SUMMERMUSIC CAMPSTHREE ANNUAL 2,500 SCHOLARSHIPS FOR UNIVERSITY MUSIC MAJORS. RECIPIENTS PERFORM INRECITAL AT THE CLUB'S ANNUAL FUNDRAISING EVENT, MUSICAL INTERLUDEMUSIC LESSON SCHOLARSHIPS TOTALING7,000+ FOR UNIVERSITY STUDENT MEMBERS OF THE SYMPHONY20,000+ ANNUALLY ALLOCATED TO LOCAL PUBLIC SCHOOL MUSIC PROGRAMS.

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Trantor Score

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $37,808
Program Service Revenue $2,185
Investment Income $452,797
Other Revenue $7,186
TOTAL REVENUE $499,976

Expense Breakdown

Grants Paid $59,720
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $78,695
Other Expenses $79,582
TOTAL EXPENSES $139,302

Year-over-Year Comparison

2024 2023 Change
Revenue $499,976 $209,694 +1.4%
Expenses $139,302 $128,791 +0.1%
Net Income $360,674 $80,903 +3.5%
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
15
Independent Members
15
Employees
N/A
Volunteers
50

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
$0
Total Directors
15
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
NANCY BERTRAM PRESIDENT 2.00
Officer Director
$0 $0 $0
KAREN KOPF VICE PRESIDE 2.00
Officer Director
$0 $0 $0
BARBARA MOORE TREASURER 2.00
Officer Director
$0 $0 $0
DIANE SPRESSER SECRETARY 1.00
Officer Director
$0 $0 $0
PAULA BALL DIRECTOR 0.50
Director
$0 $0 $0
MARY ANN BOURNOS DIRECTOR 0.50
Director
$0 $0 $0
WILLIAM MCCAULEY DIRECTOR 0.50
Director
$0 $0 $0
DANA PATEK DIRECTOR 0.50
Director
$0 $0 $0
PETER FREEMAN DIRECTOR 0.50
Director
$0 $0 $0
JUDY HIGHTOWER DIRECTOR 0.50
Director
$0 $0 $0
DIANE KINGSBURY DIRECTOR 0.50
Director
$0 $0 $0
CAROLYN VOLDRICH DIRECTOR 0.50
Director
$0 $0 $0
CHERYL LEWIS DIRECTOR 0.50
Director
$0 $0 $0
LAURIE SHULMAN DIRECTOR 0.50
Director
$0 $0 $0
LYNANNE WILSON DIRECTOR 0.50
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 $499,976 $139,302 $2,524,594 $360,674
2024 No data No data No data No data
2023 $198,454 $120,372 $2,235,366 $78,082
2022 $205,777 $99,975 $2,104,734 $105,802
2021 $162,683 $80,273 $2,602,619 $82,410
2020 $115,563 $88,226 $1,959,964 $27,337
2019 $47,689 $99,363 $1,843,156 $-51,674
2018 $874,823 $89,800 $1,775,801 $785,023
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