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Cascade Music Foundation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 272491806 ✦ Renton, WA ✦ Designated as a 501(c)(3)

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Overview

What is Cascade Music Foundation?

The Cascade Music Foundation, located in Renton, Washington, is a nonprofit organization that plays a significant role in the Seattle Music Festival. They host one of the festival's venues, showcasing over 70 top Northwest and national bands and DJs. The primary objective of this event is to donate the net proceeds to various 501(C)(3) organizations, ultimately aiming to support musicians, musical education, and performances. The foundation's mission is deeply rooted in promoting the music industry and fostering musical growth within the community. Unfortunately, the festival did not take place in 2022 due to the COVID-19 pandemic.

Is Cascade Music Foundation legitimate?

Cascade Music Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cascade Music Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Cascade Music Foundation?

The Cascade Music Foundation plays a crucial role in the Seattle Music Festival by hosting a venue showcasing over 70 top Northwest and national bands and DJs. The primary objective of this event is to generate proceeds, which are then donated to various 501(C)(3) organizations. The donations serve to promote musicians, musical education, and musical performances. The foundation's mission is centered around supporting and fostering the growth of the music industry and musical education. Regrettably, the Seattle Music Festival did not take place in 2022 due to COVID-19.

Who is the CEO of Cascade Music Foundation?

Marcus Charles is the Director of Cascade Music Foundation.

What is the revenue of Cascade Music Foundation?

Cascade Music Foundation's revenue in 2022 was $0.

Who are the executives of Cascade Music Foundation and what are their salaries?

There 2 volunteers at Cascade Music Foundation.


There is 1 key member and their salary:


Marcus Charles (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Cascade Music Foundation?

Cascade Music Foundation's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Cascade Music Foundation

Cascade Music Foundation, a nonprofit organization, plays a significant role in the music industry by hosting a venue at the Seattle Music Festival. This annual event showcases over 70 top-notch Northwest and national bands and DJs. Notably, the net proceeds from this event are donated to various other 501(C)(3) organizations. The primary goal of these donations is to support musicians, foster musical education, and promote musical performances. By doing so, Cascade Music Foundation contributes to the growth and development of the music industry as a whole.

During regular operations, Cascade Music Foundation's involvement in the Seattle Music Festival serves as a platform to uplift musicians and promote musical education. By donating the event's net proceeds to other 501(C)(3) organizations, the foundation supports a wide range of causes related to music and musical performances. This approach enables Cascade Music Foundation to contribute to the music industry in several ways, ultimately promoting its growth and development.

Unfortunately, due to the COVID-19 pandemic, no event was held in 2022. Despite this setback, Cascade Music Foundation continues to uphold its mission and support musicians and musical education in other ways. The organization's commitment to promoting music and musical performances remains unwavering, even in the face of challenges.

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Impact




October, 2024

Cascade Music Foundation significantly contributes to the vibrant music scene in the Pacific Northwest by hosting a venue at the Seattle Music Festival. This annual event showcases over 70 talented bands and DJs from the region and beyond, providing them with a platform to reach broader audiences. The festival not only celebrates musical diversity but also fosters a sense of community among artists and music lovers.

The foundation's commitment to supporting musicians extends beyond the festival itself. Net proceeds from the event are donated to other organizations dedicated to promoting musicianship, musical education, and live performances. This initiative helps cultivate the next generation of artists and amplifies the impact of music within the community.

Through its efforts, Cascade Music Foundation plays a crucial role in enhancing public appreciation for music while ensuring that resources are directed toward sustaining and growing the musical ecosystem in the area. Despite disruptions like the cancellation of the event in 2022 due to the pandemic, the foundation's focus remains steadfast on enriching the cultural landscape through music.




This information is meant to be a general summary of Cascade Music Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$0 (2022)
Expenses
$363 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

    Assets and Liabilities:

    • Total Assets: $52
    • Total Liabilities: $1,161
    • Net Assets: -$1,109

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    Organization Details

    Founding Year

    2010

    Principal Officer

    Marcus Charles

    Main Address

    1201 MONSTER RD SW STE 250, RENTON, WA, 98057

    NTEE Category

    Code: A68 - Arts

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