Friends of Naval Academy Music
Friends of Naval Academy Music
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About this organization
Mission
Friends of Naval Academy Music is a 501(c)(3) non-profit organization that provides financial support for Naval Academy Musical Activities.
Interesting data from their 2019 990 filing
Our mission is to support musical activities and the music department at the united states naval academy. in an environment of uncertainty regarding future program funding by the government, action was needed to sustain the level of programming that has endured for generations of midshipmen. friends of naval academy music accomplishes this in several ways: promoting and encouraging musical activities, soliciting funds to cover operating expenses, establishing investment accounts to hold funds for emergency distribution and to guarantee an income stream to sustain the program into the future, and making grants to the united states naval academy to support musical activities.
- Revenue reported was $90,547.
- Expenses reported were $38,219.
- Other expenses reported $7,197.
- The non-profit reported a excess or deficit for $52,328.
- Contributions, gifts, and grants reported were $90,547.
- The non-profit filed a copy of the returns in ["MD", "TN", "FL", "CO", "ME", "MN", "SC", "GA", "NY", "HI", "ME", "PA"].
Accomplishments
- The organization solicited funds exceeding $90,000 for mission support. a direct contribution in the amount of $30,000 was made to the naval academy non-appropriated fund account, which provides operating funds for musical activities. Expenses $0.
- The organization held a reception in minneapolis, mn, in november 2018, to raise awareness of the importance of musical activities at the united states naval academy and to request donations in support of its mission. Expenses $0.
- The organization established an investment account to grow donated funds for emergency and long-term support of the music department at the naval academy. the initial investment of $30,000 was made in july. Expenses $0.