Overview
What is Groundup Music Foundation Inc?
Groundup Music Foundation Inc, based in Miami, Florida, is a nonprofit organization that supports and fosters the growth of both emerging and experienced musicians globally. They provide funding, time, and opportunities for these artists to collaborate, experiment, and take risks, often working alongside students. The foundation's activities primarily revolve around an annual music festival in Miami Beach, drawing supporters and artists from various countries and states. Additionally, Groundup Music Foundation offers masterclasses, workshops, mentorships, and performance opportunities to students and supporters. The organization aims to expand its reach through camp-type programs, educational videos, documentaries, and planned festivals in different locations.
Is Groundup Music Foundation Inc legitimate?
Groundup Music Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Groundup Music Foundation Inc 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: $30,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Groundup Music Foundation Inc?
Groundup Music Foundation Inc aims to support and establish up-and-coming as well as experienced artists and musicians, while also providing opportunities and resources for students and supporters. This is achieved through various programs and planned future activities. One of these programs is an annual music festival in Miami Beach, which attracts supporters and artists from around the world. Groundup Music Foundation also offers masterclasses, workshops, mentorships, clinics, and performance and training opportunities for students and supporters. The organization intends to expand its activities, including starting camp-type programs, documentary film projects, educational videos, and applications, and increasing collaborative work.
Who is the CEO of Groundup Music Foundation Inc?
Paul Lehr is the Officer of Groundup Music Foundation Inc.
What is the revenue of Groundup Music Foundation Inc?
Groundup Music Foundation Inc's revenue in 2022 was $403,177.
Who are the executives of Groundup Music Foundation Inc and what are their salaries?
Here are 3 key members and their salaries:
- Compensation: $30,000
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Groundup Music Foundation Inc?
Groundup Music Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Groundup Music Foundation Inc
Groundup Music Foundation, a nonprofit organization, is dedicated to supporting and fostering the growth of up-and-coming and experienced artists and musicians. It accomplishes this mission by providing a platform through its ongoing programs and planned future activities. One of its primary initiatives is an annual music festival held in Miami Beach, Florida, which attracts supporters and artists from across the globe. Approximately half of the attendees come from over 40 countries and 40 US states.
Beyond the annual festival, Groundup Music Foundation offers various educational and development opportunities. This includes masterclasses, workshops, mentorships, clinics, side-by-side teaching and performance sessions, and training opportunities for students and supporters. The organization intends to expand these activities and introduce camp-type programs, book and documentary film projects, educational videos, and applications. Groundup Music Foundation also plans to increase its collaborative work in the future.
In essence, Groundup Music Foundation serves as a catalyst for nurturing talent in the music industry. It provides a space for up-and-coming artists to develop their skills, learn from established musicians, and connect with a global audience. Additionally, it offers resources and opportunities to students and supporters, contributing to the growth and enrichment of the music community as a whole.
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Impact
October, 2024
Groundup Music Foundation Inc makes a significant impact by supporting and establishing artists and musicians, while also creating enriching opportunities and resources for students and supporters. Through its diverse programs, it curates exceptional musicians from various cultures globally, enriching the local arts scene in Miami and beyond. The foundation fosters an environment conducive to creativity by funding initiatives that encourage experimentation and risk-taking among artists. By bridging connections between talented musicians and aspiring young people, Groundup Music Foundation cultivates a vibrant community that celebrates and empowers artistic expression.
This information is meant to be a general summary of Groundup Music Foundation 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 2022.
- Program Service Revenue: $257,029
- Gross Receipts: $403,177
Assets and Liabilities:
- Total Assets: $198,995
- Total Liabilities: $202,046
- Net Assets: -$3,051
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
FESTIVAL MERCHANDISE SALE
Revenue
$7,097
HOTEL COMMISSION
Revenue
$1,294
TEACHING REVENUE
Revenue
$9,609
TICKET REVENUE
Revenue
$239,029
Organization Details
Phone
(305) 338-6257Principal Officer
Paul Lehr
Main Address
4707 N BAY ROAD, MIAMI, FL, 33140
NTEE Category
Code: A68 - Arts
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