FRIENDS OF SOUTH FLORIDA MUSIC INC

EIN: 814918286 501(c)(3) Arts, Culture & Humanities

MIAMI, FL

Total Revenue
$383,632
Total Expenses
$283,365
Total Assets
$427,084
Net Assets
$423,067
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2016
Legal Domicile
FL
Principal Officer
RICHARD CANNON
Phone
7863343539
Tax Period
2025-01-01 to 2025-12-31

FRIENDS OF SOUTH FLORIDA MUSIC INC, founded in 2016, is a small nonprofit in the Arts, Culture & Humanities sector that reported $384K in total revenue in fiscal year 2025. Revenue surged 38% from the prior year, signaling strong growth momentum. The organization ran a surplus of $100K, a strong 26% operating margin.

Mission

FRIENDS OF SOUTH FLORIDA MUSIC (FSFM) PROMOTES MUSIC EDUCATION AND DEVELOPMENT FOR CHILDREN OF ALL AGES AND ABILITIES IN UNDERSERVED AREAS OF MIAMI-DADE COUNTY.

Program Service Accomplishments

Program 1
Expenses: $161,949 Revenue: $34,358

THE MUSIC FUNDAMENTALS PROGRAM PROVIDED FREE WEEKLY 30 MINUTE MUSIC CLASSES AT TWELVE MIAMI-DADE SCHOOLS, REACHING OVER 1,400 STUDENTS. ALL SCHOOLS ARE EITHER TITLE 1 OR WITHIN THE TITLE 1 BOUNDARY...

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THE MUSIC FUNDAMENTALS PROGRAM PROVIDED FREE WEEKLY 30 MINUTE MUSIC CLASSES AT TWELVE MIAMI-DADE SCHOOLS, REACHING OVER 1,400 STUDENTS. ALL SCHOOLS ARE EITHER TITLE 1 OR WITHIN THE TITLE 1 BOUNDARY, AND OVER 90% OF THE PARTICIPATING STUDENTS ARE ENROLLED IN THE FEDERAL FREE-LUNCH PROGRAM. CHILDREN AGES BIRTH TO 18 YEARS OF AGE RECEIVED AGE-APPROPRIATE MUSIC INSTRUCTION, INCLUDING ACTIVITIES SUCH AS SINGING, DANCING AND MOVEMENT, MANIPULATING ITEMS SUCH AS SCARVES AND HOOPS, AND MUSICAL INSTRUMENTS SUCH AS RHYTHM STICKS, JINGLES, EGG SHAKERS, BELL, AND DRUMS. TEACHERS UTILIZE CALL AND RESPONSE, SINGING, RHYTHMIC AND TONAL PATTERNS, MOVING TO MUSIC, AND PLAYING INSTRUMENTS. ACCOMMODATIONS ARE MADE FOR STUDENTS WITH SPECIAL NEEDS AND DISABILITIES, AND ANY NECESSARY MODIFICATIONS AND/OR ADAPTATIONS ARE DONE SO THAT ALL STUDENTS CAN FULLY PARTICIPATE. CHILDREN DEVELOP SELF-REGULATION AND FOCUS AND DEVELOP THEIR SOCIAL-EMOTIONAL SKILLS THROUGH MUSICAL ACTIVITIES AND CLASS INTERACTIONS, PROVIDING THEM WITH FOUNDATIONS THAT CAN HELP THEM WITH THEIR ACADEMIC AND INTERPERSONAL GROWTH.

Program 2
Expenses: $8,030

FSFM ORGANIZED BACK-TO-SCHOOL BOOKBAG AND SANTA'S WORKSHOP TOY GIVEAWAY EVENTS AT PARTICIPATING SCHOOLS TO SUPPORT STUDENTS AND PARENTS.

Program 3
Expenses: $2,000

FSFM PROVIDED NEEDS-BASED SCHOLARSHIPS FOR APPLICANTS TO SEND THEIR CHILDREN TO MUSIC CLASSES RUN BY OUR TEACHING STAFF.

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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 (2025)

Revenue Breakdown

Contributions & Grants $344,558
Program Service Revenue $34,358
Investment Income $4,716
Other Revenue $0
TOTAL REVENUE $383,632

Expense Breakdown

Grants Paid $0
Salaries & Benefits $120,884
Fundraising Expenses $12,820
Program Expenses $171,979
Other Expenses $162,481
TOTAL EXPENSES $283,365

Year-over-Year Comparison

2025 2024 Change
Revenue $383,632 $277,654 +0.4%
Expenses $283,365 $273,557 +0.0%
Net Income $100,267 $4,097 +23.5%
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
6
Employees
2
Volunteers
125

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
2
$77,950
Total Directors
7
$77,950
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JOY GALLIFORD EXECUTIVE DI 40.00
Officer Director
$77,950 $0 $77,950
RAINE CALVA DIRECTOR 4.00
Director
$0 $0 $0
RICHARD CANNON TREASURER 5.00
Officer Director
$0 $0 $0
KAYLAN DOMOND DIRECTOR 1.00
Director
$0 $0 $0
NIBALDO MORALES DIRECTOR 1.00
Director
$0 $0 $0
ROBERTO RAMIREZ DIRECTOR 1.00
Director
$0 $0 $0
GRACE ZHAI DIRECTOR 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 $383,632 $283,365 $427,084 $100,267
2024 $277,654 $273,557 $432,751 $4,097
2023 $272,152 $223,400 $313,498 $48,752
2022 $221,704 $137,513 $264,746 $84,191
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