SAVE OUR MUSICIANS FOUNDATION INC Charity Report

Public IRS 990 nonprofit record

SAVE OUR MUSICIANS FOUNDATION INC

EIN 87-1020850 · Single Organization Support (A11)

What they do

THE SAVE OUR MUSICIANS FOUNDATION (SOMF) is A PASSIONATE 501(C)(3) NON-PROFIT DEDICATED to EMPOWERING THE INDEPENDENT MUSICIAN. THE ORGANIZATION WAS INITIALLY FOUNDED IN 2021 WITH THE GOAL of HELPING MUSICIANS THROUGH A CHALLENGING POST-PANDEMIC PERIOD WHERE OPPORTUNITIES to BOOK LIVE GIGS BECAME VIRTUALLY NON-EXISTENT. OUR MISSION HAS SINCE EVOLVED to A MORE COMPREHENSIVE APPROACH TOWARDS ADDRESSING THE CHALLENGES FACED BY ASPIRING INDEPENDENT MUSICIANS. WHILE THE CORE of OUR NON-PROFIT ACTIVITIES CENTER AROUND SHOWCASING TALENT THROUGH LIVE GIGS and PERFORMANCE OPPORTUNITIES, WE ALSO PROVIDE A WHOLISTIC APPROACH TOWARDS THE VARIOUS FACETS of ARTIST DEVELOPMENT and FOSTER GROWTH AT EVERY STAGE of A MUSICIANS CAREER. WE BELIEVE MUSIC is A TRANSFORMATIVE FORCE THAT UNITES COMMUNITIES and IGNITES POSITIVE CHANGE. BY FOSTERING A SUPPORTIVE ECOSYSTEM, WE CULTIVATE ARTISTIC GROWTH, PROPEL CAREERS, and CHAMPION THE FUTURE of MUSIC.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $91.80 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders5 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

3,562.48%of revenue went to mission work91.8% of expenses · Program services

89.26%of revenue went to fundraising2.3% of expenses

$3,879.42spent for every $100 of revenueSpending was higher than revenue this year.

227.68%of revenue went to management and office costs5.9% of expenses

$0.08in assets for every $1 spent this yearSome assets cannot be spent right away.

74.4%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $6,656,198 this year. Ask whether that was planned or caused by a one-time event.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$176,117

Mission workProgram services$6,274,1283,562.48% of revenue91.8% of expenses

ManagementOffice and general costs$400,979227.68% of revenue5.9% of expenses

FundraisingAsking for donations$157,20889.26% of revenue2.3% of expenses

Total expenses$6,832,3153,879.42% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 91.8% mission · 5.9% management · 2.3% fundraisingTotal expenses: 3,879.42% of revenue

2023Expense mix: 78.2% mission · 3.1% management · 18.7% fundraisingTotal expenses: 70.71% of revenue

Money in and money out

Revenue$176,117

Expenses$6,832,315

Annual shortfall $6,656,198 Expenses were higher than revenue for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$6,274,128 · 91.8% of expenses

Management and office costs$400,979 · 5.9% of expenses

Fundraising$157,208 · 2.3% of expenses

See all reported dollar amounts

Revenue$176,117

Expenses$6,832,315

Assets$527,311

Income$176,117

Contributions$131,000

Mission work (program services)$6,274,128

Fundraising$157,208

Grants given$640,000

Average grant$128,000

Management and general$400,979

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

No compensation was reported for these leaders. The complete board and leadership roster is shown below.

Board and leadership roster (5)

BERNIE CARBALLOSECRETARY

CHRISTIAN DEMERSVICE PRESIDENT

DENNIS CUNNINGHAMPRESIDENT/CEO

FELICIA CUNNINGHAMTREASURER

ROBERT SAMUELSVICE PRESIDENT

About this charity

Recognized since: January 2022
Location: 1016 CLEMONS STREET 4TH FLOOR, JUPITER, FL 33477
County: Palm Beach
In care of: DENNIS CUNNINGHAM
Primary officer: DENNIS CUNNINGHAM, CEO

How to reach them

WebsiteVisit the charity’s website Emailinfo@saveourmusicians.org Phone(561) 677-8961

Filing and classification

Latest tax year: 2024
Tax period began: January 1, 2024
Return type: 990
Tax preparer: HILL BARTH & KING LLC
NTEE classification: Single Organization Support (A11)
IRS tax category: Single Organization Support
Grant-giving organization: Yes