Overview
What is Friends Of Naval Academy Music Inc?
Friends of Naval Academy Music Inc., based on the provided information, is a nonprofit organization committed to sustaining musical activities at the United States Naval Academy. Amidst potential uncertainties in government funding, this organization has demonstrated growth in its support, increasing investments from $27,700 in 2019 to over $218,000. While details about its activities or mission beyond financial support were not provided, it is clear that Friends of Naval Academy Music Inc. plays a significant role in preserving and strengthening the music program at the Naval Academy.
Official website here: www.fonam.org
Is Friends Of Naval Academy Music Inc legitimate?
Friends Of Naval Academy Music Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Friends Of Naval Academy Music Inc submitted a form 990EZ, 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.
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Official website here: www.fonam.org
What is the mission statement of Friends Of Naval Academy Music Inc?
Friends of Naval Academy Music Inc (FONAM) serves to strengthen Naval Academy music, addressing funding uncertainties from the government. Their mission has led to significant growth in investments, rising from $27,700 in 2019 to over $218,000. FONAM's role is crucial in maintaining and enhancing the musical culture within the Naval Academy, ensuring its continued success and impact.
Official website here: www.fonam.org
What is the revenue of Friends Of Naval Academy Music Inc?
Friends Of Naval Academy Music Inc's revenue in 2024 was $232,627.
Official website here: www.fonam.org
Who are the executives of Friends Of Naval Academy Music Inc and what are their salaries?
Here are 15 key members and their salaries:
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Official website here: www.fonam.org
Where can I find the form 990 for Friends Of Naval Academy Music Inc?
Friends Of Naval Academy Music Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.fonam.org
Learn more at the official website: www.fonam.org
Mission Statement of Friends Of Naval Academy Music Inc
Friends of Naval Academy Music Inc, abbreviated as FONAM, plays a significant role in ensuring the continuity of music programs at the Naval Academy, despite potential uncertainties in government funding. Over the years, FONAM has seen a substantial increase in its investments, rising from $27,700 in 2019 to over $218,000. This growth in funding has been instrumental in maintaining and enhancing the musical education and experiences of Naval Academy students. FONAM's mission is to support and strengthen the musical aspect of the Naval Academy, ensuring that future naval leaders have access to a rich and diverse musical education.
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Impact
October, 2024
Friends Of Naval Academy Music Inc significantly enriches the musical environment at the Naval Academy, stepping in to fill gaps in funding as government support fluctuates. Through their dedicated efforts, they've managed to increase investments in naval music programs from $27.7k to over $218k in 2019 alone. This substantial growth demonstrates their commitment to ensuring that the rich tradition of music continues to thrive within the academy, enhancing the overall cultural and educational experience for midshipmen and the broader community. Their contributions play a crucial role in maintaining and expanding musical opportunities, fostering talent, and promoting the importance of the arts in military education.
This information is meant to be a general summary of Friends Of Naval Academy Music Inc. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2024.
- Investment Income: $27,761
- Gross Receipts: $358,224
Assets and Liabilities:
- Total Assets: $470,090
- Total Liabilities: $4,000
- Net Assets: $466,090
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Organization Details
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