Musicians on Call
Fiscal Year
Fiscal Year Start
01/01/2024
Fiscal Year End
12/31/2024
Projected Revenue
$4,600,000.00
Projected Expenses
$4,100,000.00
Organizational Budgets and Other Documents
IRS Letter of Exemption
| musicians on call irs ltr |
Detailed Financials
Revenue and Expenses
| Fiscal Year | 2023 | 2022 | 2021 |
|---|---|---|---|
| Total Revenue | $2,892,411.00 | $2,867,621.00 | $3,486,106.00 |
| Total Expenses | $3,417,433.00 | $2,852,651.00 | $2,474,175.00 |
| Revenue Less Expenses | ($525,022.00) | $14,970.00 | $1,011,931.00 |
Revenue Sources
| Fiscal Year | 2023 | 2022 | 2021 |
|---|---|---|---|
| Foundation and Corporation Contributions | $0.00 | $0.00 | $0.00 |
| Government - Federal | $0.00 | $0.00 | $0.00 |
| Government - State | $0.00 | $0.00 | $0.00 |
| Government - Local | $0.00 | $0.00 | $0.00 |
| Government - Unspecified | $33,250.00 | $276,710.00 | $597,664.00 |
| Contributions, Gifts, and Grants | $2,405,596.00 | $2,364,296.00 | $2,462,628.00 |
| Indirect Public Support | $0.00 | $0.00 | $0.00 |
| Earned Revenue | $2,749.00 | $2,900.00 | $5,240.00 |
| Investment Income, Net of Losses | $29,229.00 | $20,966.00 | $21,882.00 |
| Membership Dues | $0.00 | $0.00 | $0.00 |
| Special Events | $240,559.00 | $102,258.00 | $59,792.00 |
| Revenue In-Kind | $174,949.00 | $84,766.00 | $338,865.00 |
| Other | $0.00 | $15,725.00 | $35.00 |
Expense Allocation
| Fiscal Year | 2023 | 2022 | 2021 |
|---|---|---|---|
| Program Expense | $2,209,350.00 | $1,973,698.00 | $1,741,241.00 |
| Administration Expense | $271,007.00 | $559,139.00 | $232,146.00 |
| Fundraising Expense | $937,076.00 | $319,814.00 | $500,788.00 |
| Total Revenue/Total Expenses | 85% | 101% | 141% |
| Program Expense/Total Expenses | 65% | 69% | 70% |
| Fundraising Expense/Contributed Revenue | 27% | 11% | 20% |
Top Funding Sources
| Fiscal Year | 2023 | 2022 | 2021 |
|---|---|---|---|
| Top Funding Source & Dollar Amount | Contributions, Gifts, and Grants $2,405,596.00 | Contributions, Gifts, and Grants $2,364,296.00 | Contributions, Gifts, and Grants $2,462,628.00 |
| Second Highest Funding Source & Dollar Amount | Fundraising Events $240,559.00 | Government Grants $276,710.00 | Government Grants $597,664.00 |
| Third Highest Funding Source & Dollar Amount | Noncash Contributions $174,949.00 | Fundraising Events $102,258.00 | Noncash Contributions $338,865.00 |
Assets and Liabilities
| Fiscal Year | 2023 | 2022 | 2021 |
|---|---|---|---|
| Total Assets | $3,351,312.00 | $3,755,053.00 | $3,633,934.00 |
| Current Assets | $1,704,610.00 | $2,035,618.00 | $2,947,880.00 |
| Long-Term Liabilities | $350,000.00 | $0.00 | $0.00 |
| Current Liabilities | $587,771.00 | $725,651.00 | $584,841.00 |
| Total Net Assets | $2,413,541.00 | $3,029,402.00 | $3,049,093.00 |
Endowment Info
Do you have an endowment?
Yes
What is the value of the endowment?
$113,220.00
What is the spending policy for your endowment?
N/A
Capital Campaign Info
Are you currently in a Capital Campaign?
No
Do you anticipate a campaign in the next 5 years?
No
Solicitation Permit Info
State Charitable Solicitations Permit
Under Extension
Form 990s
| 2023 990 | 2023 |
| Musicians On Call 2022 990 | 2022 |
| MOC 2021 990 | 2021 |
| 2020 990 | 2020 |
| 2019 990 | 2019 |
| 2018 990 | 2018 |
| 2017 990 | 2017 |
| 2016 990 | 2016 |
| 2015 990 | 2015 |
| 2014 MOC 990 | 2014 |
| musicians on call 2013 990 | 2013 |
| musicians on call 2012 990 | 2012 |
| musicians on call 2011 990 | 2011 |
| musicians on call 2010 990 | 2010 |
| musicians on call 2009 990 | 2009 |
| musicians on call 2008 990 | 2008 |
| musicians on call 2007 990 | 2007 |
| musicians on call 2006 900 | 2006 |
Audit Documents
CEO/Executive Director/Board Comments
| With new fundraising initiatives in place, MOC expects to see a great deal of growth across the board over the next year. MOC is continuously strengthening its financial security through several fundraising initiatives already completed or on the horizon, through 2018, including generous grants from various organizations and foundations, online auctions, merchandise campaigns, and the continuation of community event partnerships like Nash FM and national partners like Southwest Airlines. |
Foundation Staff Comments
| Financials reflect the national organization and do not break down information specific to the Nashville Chapter. Financials figures taken from 990. Foundation and corporate grants may be included in Contributions, Gifts, and Grants sum, as these are not separated in Form 990. Financial documents provided by Blankenship CPA Group, PLLC. Comments provided by Hayley Sulfridge 11/8/24. |
