Love Learning Music Incorporated
Fiscal Year
Fiscal Year Start
08/01/2023
Fiscal Year End
07/31/2024
Projected Revenue
$308,877.00
Projected Expenses
$304,917.00
Organizational Budgets and Other Documents
| LLM Projected Budget '23-'24 | 2024 |
| LLM Budget '22-'23 | 2023 |
| LLM '18-'19 Budget | 2019 |
| LLM '18-'19 Projected Revenue | 2019 |
| 2017-2018 Budget | 2018 |
IRS Letter of Exemption
| IRS Letter |
Detailed Financials
Revenue and Expenses
| Fiscal Year | 2023 | 2022 | 2021 |
|---|---|---|---|
| Total Revenue | $155,794.00 | $97,188.00 | $62,175.00 |
| Total Expenses | $171,043.00 | $104,996.00 | $37,677.00 |
| Revenue Less Expenses | ($15,249.00) | ($7,808.00) | $24,498.00 |
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 | $0.00 | $0.00 | $0.00 |
| Contributions, Gifts, and Grants | $85,212.00 | $81,212.00 | $62,175.00 |
| Indirect Public Support | $0.00 | $0.00 | $0.00 |
| Earned Revenue | $70,582.00 | $15,090.00 | $0.00 |
| Investment Income, Net of Losses | $0.00 | $0.00 | $0.00 |
| Membership Dues | $0.00 | $0.00 | $0.00 |
| Special Events | $0.00 | $0.00 | $0.00 |
| Revenue In-Kind | $0.00 | $0.00 | $0.00 |
| Other | $0.00 | $886.00 | $0.00 |
Expense Allocation
| Fiscal Year | 2023 | 2022 | 2021 |
|---|---|---|---|
| Program Expense | $116,152.00 | $103,078.00 | $29,765.00 |
| Administration Expense | $53,421.00 | $261.00 | $3,665.00 |
| Fundraising Expense | $1,470.00 | $1,657.00 | $4,247.00 |
| Total Revenue/Total Expenses | 91% | 93% | 165% |
| Program Expense/Total Expenses | 68% | 98% | 79% |
| Fundraising Expense/Contributed Revenue | 1% | 2% | 11% |
Top Funding Sources
| Fiscal Year | 2023 | 2022 | 2021 |
|---|---|---|---|
| Top Funding Source & Dollar Amount | Contributions, Gifts, and Grants $85,212.00 | Contributions, Gifts, Grants $81,212.00 | Contributions, Gifts, Grants $62,175.00 |
| Second Highest Funding Source & Dollar Amount | Program Revenue $70,582.00 | Program Revenue $15,090.00 | $0.00 |
| Third Highest Funding Source & Dollar Amount | $0.00 | Other Revenue $886.00 | $0.00 |
Assets and Liabilities
| Fiscal Year | 2023 | 2022 | 2021 |
|---|---|---|---|
| Total Assets | $9,055.00 | $24,304.00 | $32,113.00 |
| Current Assets | $9,055.00 | $24,304.00 | $32,113.00 |
| Long-Term Liabilities | $0.00 | $0.00 | $0.00 |
| Current Liabilities | $0.00 | $0.00 | $0.00 |
| Total Net Assets | $9,055.00 | $24,304.00 | $32,113.00 |
Endowment Info
Do you have an endowment?
No
Capital Campaign Info
Are you currently in a Capital Campaign?
No
Do you anticipate a campaign in the next 5 years?
Yes
Solicitation Permit Info
State Charitable Solicitations Permit
Yes
Permit Expiration Month
January
Permit Expiration Year
2025
Form 990s
| LLM 990 2022 | 2023 |
| LLM 990 2021 | 2022 |
| LLM 990 2020 | 2021 |
| LLM 990 2019 | 2020 |
| LLM 990 '17-'18 | 2018 |
| 2016-2017 Form 990 | 2017 |
Audit Documents
No audit documents are available at this time
CEO/Executive Director/Board Comments
| Love Learning Music is thankful to do what we can with what we receive to help children in need! Thank You! |
Foundation Staff Comments
| Financial figures taken from Form 990. Form 990 was prepared internally by the nonprofit. Schedule B removed to protect donor privacy. Comments provided by Hayley Sulfridge 1/16/24. |
