Groupmuse Foundation Inc

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

EIN: 844651476 ✦ New york, NY ✦ Designated as a 501(c)(3)

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Overview

What is Groupmuse Foundation Inc?

Groupmuse Foundation Inc is a nonprofit organization dedicated to empowering musicians and promoting inclusivity in classical music. By offering financial, technological, and career support, the foundation has created opportunities for 8 musicians, providing them with new part-time administrative roles and generating an additional $14,000 in income. Beyond this, the Groupmuse Foundation provides technical assistance to over 500 musicians, enabling them to participate in 433 live concerts and 69 online performances. This support helps to broaden the reach and vibrancy of classical music, benefitting both the musicians and the audiences who engage with their performances.


Official website here: www.groupmuse.org

Is Groupmuse Foundation Inc legitimate?

Groupmuse Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Groupmuse 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.groupmuse.org

What is the mission statement of Groupmuse Foundation Inc?

The Groupmuse Foundation's mission is centered around empowering musicians. It accomplishes this by offering financial, technological, and career support, with the primary goal of increasing the inclusivity and vitality of classical music. One of its initiatives involves creating part-time administrative roles for eight musicians, generating additional income of $14,000. Furthermore, the foundation provides technical assistance to over 500 musicians, supporting their participation in over 433 in-person concerts and 69 online performances.


Official website here: www.groupmuse.org

Who is the CEO of Groupmuse Foundation Inc?

Steven Payne is the Treasurer of Groupmuse Foundation Inc.


Official website here: www.groupmuse.org

What is the revenue of Groupmuse Foundation Inc?

Groupmuse Foundation Inc's revenue in 2022 was $67,888.


Official website here: www.groupmuse.org

Who are the executives of Groupmuse Foundation Inc and what are their salaries?


Here are 9 key members and their salaries:


Anjali Banthia (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Samuel Bodkin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Helen Beekman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eliot R Jenkins (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Adam Lasnik (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Benjamin Linder (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steven Payne (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
George Spera (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Adrian Silver (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.groupmuse.org

Where can I find the form 990EZ for Groupmuse Foundation Inc?

Groupmuse Foundation Inc's most recent form 990EZ was submitted in 2022 and can be accessed here.


Official website here: www.groupmuse.org

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

Mission Statement of Groupmuse Foundation Inc

Groupmuse Foundation Inc is committed to empowering musicians by offering them financial, technological, and career support. This nonprofit organization aims to expand the inclusivity and vibrancy of classical music. To achieve this mission, Groupmuse Foundation Inc has established new part-time administrative roles for eight musicians, which have generated an additional $14,000 in income for these musicians outside of their performing duties. Moreover, the foundation provides technical support to over 500 musicians, allowing them to participate in over 433 in-person concerts and 69 online events. By offering such support, Groupmuse Foundation Inc is instrumental in fostering a more inclusive and vibrant classical music scene.

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Impact




August, 2024

Groupmuse Foundation Inc's impact can be seen in its dedication to empowering musicians through financial, technological, and career support. The foundation's creation of new part-time administrative roles for 8 musicians on the Musician Council not only generated $14,000 in additional musician income but also provided valuable opportunities for professional growth. Furthermore, by offering technical support to over 500 musicians across numerous in-person and online concerts, Groupmuse Foundation is actively fostering inclusivity and vibrancy within the classical music community.




This information is meant to be a general summary of Groupmuse 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
$67,888 (2022)
Expenses
$90,474 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $67,888

Assets and Liabilities:

  • Total Assets: $8,444
  • Total Liabilities: $0
  • Net Assets: $8,444

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Organization Details

Principal Officer

Steven Payne

Main Address

447 Broadway 2nd Floor 222, New York, NY, 10013

NTEE Category

Code: A27 - Arts

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