Kmfa Permanent Endowment Fund

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

EIN: 742395464 ✦ Austin, TX ✦ Designated as a 501(c)(3)

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Overview

What is Kmfa Permanent Endowment Fund?

Kmfa Permanent Endowment Fund is a nonprofit entity based in Austin, Texas, specifically at 41 Navasota Street. Its primary objective is to maintain a permanent endowment fund established for its affiliate, Capitol Broadcasting Association, Inc. This fund serves to support the ongoing operations and initiatives of the affiliated organization. While the specific activities or missions of Kmfa Permanent Endowment Fund are not explicitly stated in the provided information, it can be inferred that they contribute financially to the upkeep and growth of Capitol Broadcasting Association, Inc.


Official website here: www.kmfa.org

What do the Facebook reviews say about Kmfa Permanent Endowment Fund?

98% of 35 reviewers on Facebook recommend the Kmfa Permanent Endowment Fund. Here is a summary of their reviews:

The station is praised for having knowledgeable and supportive staff who contribute to a rich listening experience. Reviewers appreciate the diverse and excellent selection of classical music offered, highlighting KMFA as a premier classical station, particularly in Austin. The community feels a sense of pride in having such a dedicated nonprofit promoting classical music.

Overall, people express satisfaction with the quality of service provided and the commitment to classical music that KMFA represents. The positive sentiments reflect a strong appreciation for the station's role in enhancing the cultural landscape of the community.


This AI summary has been generated from reviews found on Facebook.

Is Kmfa Permanent Endowment Fund legitimate?

Kmfa Permanent Endowment Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Kmfa Permanent Endowment Fund 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


Official website here: www.kmfa.org

What is the mission statement of Kmfa Permanent Endowment Fund?

The Kmfa Permanent Endowment Fund's mission is centered around maintaining the endowment fund established for its affiliated organization, Capitol Broadcasting Association, Inc. This fund serves to preserve its resources for future use, contributing to the ongoing operations and initiatives of its affiliate. While the fund itself does not have direct activities or services, its purpose is to ensure the financial stability and longevity of Capitol Broadcasting Association, Inc.


Official website here: www.kmfa.org

Who is the CEO of Kmfa Permanent Endowment Fund?

George Preston is the Trustee of Kmfa Permanent Endowment Fund.


Official website here: www.kmfa.org

What is the revenue of Kmfa Permanent Endowment Fund?

Kmfa Permanent Endowment Fund's revenue in 2022 was $66,743.


Official website here: www.kmfa.org

Who are the executives of Kmfa Permanent Endowment Fund and what are their salaries?


Here are 6 key members and their salaries:


Lou Ann Lasher (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chuck Bailey (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Edwina Carrington (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Doug Eicher (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Lyon (Trustee, Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Catherine Wildermuth (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.kmfa.org

Where can I find the form 990 for Kmfa Permanent Endowment Fund?

Kmfa Permanent Endowment Fund's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.kmfa.org

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

Mission Statement of Kmfa Permanent Endowment Fund

Kmfa Permanent Endowment Fund is dedicated to preserving the perpetual endowment fund established for its affiliate, Capitol Broadcasting Association, Inc. This nonprofit organization's primary purpose is to maintain and safeguard this endowment fund, ensuring its continued availability for future use by its affiliate. By doing so, Kmfa Permanent Endowment Fund plays a crucial role in supporting the ongoing activities and missions of Capitol Broadcasting Association, Inc. This mission is essential for the long-term sustainability and growth of the affiliated organization.

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Impact




October, 2024

The Kmfa Permanent Endowment Fund plays a crucial role in sustaining and enhancing the arts through its support of the Capitol Broadcasting Association, Inc. By maintaining a permanent endowment, it ensures a consistent financial resource that can be allocated for various artistic initiatives and programs.

This stability allows for long-term planning and investment in the arts, fostering creativity and cultural enrichment within the community. The fund's impact can be seen in its ability to enable diverse artistic endeavors, support local artists, and promote access to art for a wider audience, ultimately enriching the cultural landscape of Austin, TX. Through its mission, it not only preserves existing programs but also encourages innovation and growth in the arts sector.




This information is meant to be a general summary of Kmfa Permanent Endowment Fund. 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
$66,743 (2022)
Expenses
$71,406 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $38,252
  • Gross Receipts: $810,396

Assets and Liabilities:

  • Total Assets: $1,369,924
  • Total Liabilities: $0
  • Net Assets: $1,369,924

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Organization Details

Founding Year

1985

Principal Officer

George Preston

Main Address

41 NAVASOTA ST, AUSTIN, TX, 78702

NTEE Category

Code: A34 - Arts

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