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Nonprofit · EIN 34-1635435

GREATER AKRON MUSICAL ASOCIATION FOUNDATION

Tax-exempt · AKRON, OH 44308

Financials

$813K$407K2022$663K$424K2023$1.3M$443K2024
Revenue Expenses · by fiscal year end
Financials of GREATER AKRON MUSICAL ASOCIATION FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$1,291,269$442,880$848,389$9,080,112$0$9,080,112
June 30, 2024990$662,907$424,496$238,411$8,593,260$0$8,593,260
June 30, 2023990$812,858$407,345$405,513$7,628,487$0$7,628,487
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$4,000
Program service revenue
$0
Investment income
$1,287,269
Net gain from sales of assets
$1,097,068
Other revenue
$0

Expenses

Grants and similar amounts paid
$391,500
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Program services (functional)
$391,500
Management and general (functional)
$51,380

Balance sheet and other

Total assets, start of year
$8,593,260
Total assets, end of year
$9,080,112
Total liabilities, end of year
$0
Net assets, end of year
$9,080,112
Publicly traded securities
$9,080,112
Net assets with donor restrictions
$9,080,112
Gross receipts
$3,873,935
Employees
0
Volunteers
0
Year formed
1986
State of legal domicile
OH

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended June 30, 2025, highest compensation first.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
Paul JarrettGAMA Executive Director
Officer
1$0$76,851$8,112
Thomas J ClarkPresident
Trustee or director, Officer
2$0$0$0
Richard HarrisSecretary
Trustee or director, Officer
1$0$0$0
Dave ScarponiTreasurer
Trustee or director, Officer
1$0$0$0
Michael PasternakMember
Trustee or director
1$0$0$0
Donna ValentineMember
Trustee or director
1$0$0$0
Charles Peter MDMember
Trustee or director
1$0$0$0
Todd RosenburgMember
Trustee or director
1$0$0$0
Bruce FaheyMember
Trustee or director
1$0$0$0
Tracey DoweMember
Trustee or director
1$0$0$0
Renee PipitoneMember
Trustee or director
1$0$0$0
990 for the year ended June 30, 2024: 10 people
NameTitleHours / weekCompensationFrom related orgs
Paul JarrettGAMA Executive Director
Officer
1$0$73,542
Thomas J ClarkPresident
Trustee or director, Officer
3$0$0
Richard HarrisSecretary
Trustee or director, Officer
1$0$0
Dave ScarponiTreasurer
Trustee or director, Officer
1$0$0
Michael PasternakMember
Trustee or director
1$0$0
Donna ValentineMember
Trustee or director
1$0$0
Charles Peter MDMember
Trustee or director
1$0$0
Todd RosenburgMember
Trustee or director
1$0$0
Bruce FaheyMember
Trustee or director
1$0$0
Tracey DoweMember
Trustee or director
1$0$0
990 for the year ended June 30, 2023: 9 people
NameTitleHours / weekCompensationFrom related orgs
PAUL JARRETTGAMA EXECUTIVE DIRECTOR
Officer
1$0$72,821
THOMAS J CLARKPRESIDENT
Trustee or director, Officer
2$0$0
RICHARD HARRISSECRETARY
Trustee or director, Officer
1$0$0
DAVE SCARPONITREASURER
Trustee or director, Officer
1$0$0
MICHAEL PASTERNAKMEMBER
Trustee or director
1$0$0
DONNA VALENTINEMEMBER
Trustee or director
1$0$0
CHARLES PETER MDMEMBER
Trustee or director
1$0$0
TODD ROSENBERGMEMBER
Trustee or director
1$0$0
BRUCE FAHEYMEMBER
Trustee or director
1$0$0

Address and contacts

Address (IRS master file)
92 N MAIN ST, AKRON, OH 44308-1932
In care of
% PAUL JARRETT
Principal officer (990 for 2024)
Thomas Clark, 92 N Main Street, Akron, OH 44308
Signed the 990
Thomas Clark, President
Phone
(330) 535-8131
Return prepared by
415 Group Inc

Mission

To operate the endowment fund and other special funds for the benefit of the Greater Akron Musical Association and to promote public appreciation of the arts.

990 for the year ended June 30, 2025

Program accomplishments

  • The Foundation was established to hold certain investments for the benefit of the Greater Akron Musical Association. The Foundation provides payments to the association to support their mission. Payments are based on a spending policy established by the board of the Foundation.
    Expenses $391,500 · grants $391,500

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
34-1635435
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Supporting organization (509(a)(3))
Donations deductible (Pub 78)
Supporting organization of unknown type
Exempt since
1990
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$9,080,112
Income (IRS master file)
$3,873,935

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$1,291,269$442,880$9,080,112IRS
990June 2024$662,907$424,496$8,593,260XML
990June 2023$812,858$407,345$7,628,487XML
990June 2022$330,670$392,892$7,075,051IRS
990June 2021–––IRS
990June 2020–––IRS
990June 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 34-1635435).

Questions about GREATER AKRON MUSICAL ASOCIATION FOUNDATION

What is the EIN of GREATER AKRON MUSICAL ASOCIATION FOUNDATION?
The employer identification number (EIN) of GREATER AKRON MUSICAL ASOCIATION FOUNDATION is 34-1635435.
Is GREATER AKRON MUSICAL ASOCIATION FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1990.
Are donations to GREATER AKRON MUSICAL ASOCIATION FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Supporting organization of unknown type).
Which annual return does GREATER AKRON MUSICAL ASOCIATION FOUNDATION file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of GREATER AKRON MUSICAL ASOCIATION FOUNDATION due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did GREATER AKRON MUSICAL ASOCIATION FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of GREATER AKRON MUSICAL ASOCIATION FOUNDATION?
The 990 for the year ended June 30, 2025 names Thomas Clark.
Who are the officers and directors of GREATER AKRON MUSICAL ASOCIATION FOUNDATION?
The 990 for the year ended June 30, 2025 lists 11 people; 0 received compensation from the organization.
How much revenue does GREATER AKRON MUSICAL ASOCIATION FOUNDATION have?
On its 990 for the year ended June 30, 2025 it reported revenue of $1,291,269, expenses of $442,880 and total assets of $9,080,112 at year end.

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