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Young Musical Scholars Foundation Inc

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

EIN: 541824117 ✦ Silver spring, MD ✦ Designated as a 501(c)(3)

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Overview

What is Young Musical Scholars Foundation Inc?

The Young Musical Scholars Foundation Inc, based on unspecified location, is a nonprofit organization that is committed to fostering musical, cultural, and artistic pursuits. Their mission is multifaceted, encompassing charitable and educational purposes, as well as providing monetary assistance to young, talented individuals in various fields, including music, arts, performing arts, and international cultural exchange activities. The foundation aims to encourage and support these young talents, helping them overcome financial challenges in their respective fields.


Official website here: www.tymsfoundation.org

Is Young Musical Scholars Foundation Inc legitimate?

Young Musical Scholars Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Young Musical Scholars Foundation 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.


Official website here: www.tymsfoundation.org

What is the mission statement of Young Musical Scholars Foundation Inc?

The Young Musical Scholars Foundation's mission is centered around fostering musical, cultural, and artistic activities. It aims to support and nurture young talent with financial constraints, specifically in the realms of music, arts, performing arts, and international cultural exchange activities. Furthermore, the foundation is committed to contributing to and promoting charitable and educational purposes.


Official website here: www.tymsfoundation.org

Who is the CEO of Young Musical Scholars Foundation Inc?

Scott Keen is the Treasurer of Young Musical Scholars Foundation Inc.


Official website here: www.tymsfoundation.org

What is the revenue of Young Musical Scholars Foundation Inc?

Young Musical Scholars Foundation Inc's revenue in 2020 was $1,330.


Official website here: www.tymsfoundation.org

Who are the executives of Young Musical Scholars Foundation Inc and what are their salaries?


Here are 8 key members and their salaries:


Chung F Taylor (President, Board Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marie Carr (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Vicky Mei (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Hsiao (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Minnie Fu (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Burnett Thompson (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Isabel Etkin (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Scott Keen (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.tymsfoundation.org

Where can I find the form 990EZ for Young Musical Scholars Foundation Inc?

Young Musical Scholars Foundation Inc's most recent form 990EZ was submitted in 2020 and can be accessed here.


Official website here: www.tymsfoundation.org

Learn more at the official website: www.tymsfoundation.org

Mission Statement of Young Musical Scholars Foundation Inc

The Young Musical Scholars Foundation is dedicated to fostering musical, cultural, and artistic pursuits. Its mission encompasses contributing to charitable and educational causes while supporting young individuals with financial constraints in the realms of music, arts, performing arts, and international cultural exchange activities. This nonprofit organization aims to nurture and encourage talent in these fields, thereby promoting a rich cultural landscape.

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Impact




October, 2024

The Young Musical Scholars Foundation Inc significantly impacts the lives of young, aspiring artists by promoting musical and cultural activities while addressing financial needs in the arts. By supporting talented individuals who may face economic barriers, the foundation fosters the development of new creative voices in music, performing arts, and cultural exchange. This not only enriches the local community in Silver Spring, MD, but also contributes to a diverse cultural landscape. Through educational programs, scholarships, and opportunities for international exchange, the foundation ensures that artistic talents are nurtured and celebrated, thereby cultivating a new generation of musicians and artists dedicated to preserving and innovating within the arts.




This information is meant to be a general summary of Young Musical Scholars 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.

Revenue
$1,330 (2020)
Expenses
$1,107 (2020)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2020.

  • Gross Receipts: $1,330

Assets and Liabilities:

  • Total Assets: $4,705
  • Total Liabilities: $0
  • Net Assets: $4,705

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Organization Details

Principal Officer

Scott Keen

Main Address

2335 Holly Spring Drive, Silver Spring, MD, 20905

NTEE Category

Code: T99I - Philanthropy

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