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Nonprofit · EIN 45-3186945

CLEVELAND MUSIC FOUNDATION INC

Tax-exempt · CLEVELAND, MS 38732

Financials

$2M$1.9M2023$2M$2M2024
Revenue Expenses · by fiscal year end
Financials of CLEVELAND MUSIC FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$2,046,903$1,955,368$91,535$17,086,499$819,316$16,267,183
December 31, 2023990$1,956,833$1,899,410$57,423$17,036,301$920,030$16,116,271
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$1,339,476
of which government grants
$912,373
Membership dues
$166,625
Program service revenue
$461,170
Investment income
$98,661
Net income from fundraising events
$147,596
Other revenue
$147,596

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$250,154
Other salaries and wages
$252,830
Salaries, compensation and benefits (total)
$601,919
Professional fundraising fees
$2,000
Accounting fees
$9,745
Travel
$19,159
Depreciation
$550,543
Program services (functional)
$1,550,003
Management and general (functional)
$353,601
Fundraising (functional)
$51,764

Balance sheet and other

Total assets, start of year
$17,036,301
Total assets, end of year
$17,086,499
Total liabilities, end of year
$819,316
Net assets, end of year
$16,267,183
Land, buildings and equipment
$15,005,160
Net assets without donor restrictions
$15,172,574
Net assets with donor restrictions
$1,094,609
Gross receipts
$2,155,682
Employees
0
Year formed
2011
State of legal domicile
MS

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 December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
EMILY HAVENSExecutive Dir.
Trustee or director
40$135,237
JACK McWILLIAMSFoundation Mgr.
Trustee or director
40$76,123
CHACE HOLLANDController
Trustee or director
40$38,794
BECKY NOWELLPresident
Trustee or director, Officer
5$0
MARY MCKAY GRIFFITHDirector
Trustee or director
1$0
KAMEL KINGDirector
Trustee or director
1$0
GAINES STURDIVANTDirector
Trustee or director
1$0
BOO MITCHELLDirector
Trustee or director
1$0
HEATHER WALKERSecretary
Trustee or director, Officer
1$0
ZACH FARNUMDirector
Trustee or director
1$0
BETSY AGUZZIDirector
Trustee or director
1$0
STEVE AZARDirector
Trustee or director
1$0
MYRTIS TABBVice President
Trustee or director, Officer
1$0
AMY WHITTENDirector
Trustee or director
1$0
JORDAN GOINSDirector
Trustee or director
1$0
6 more people on this return
NameTitleHours / weekCompensation
BENNIE WRIGHTDirector
Trustee or director
1$0
DANNY WHALENTreasurer
Trustee or director, Officer
1$0
SHAWN MACKEY SRDirector
Trustee or director
1$0
MICHAEL SANDERSDirector
Trustee or director
1$0
SARITA SIMMONSDirector
Trustee or director
1$0
SEAN WESSELDirector
Trustee or director
1$0
990 for the year ended December 31, 2023: 22 people
NameTitleHours / weekCompensation
EMILY HAVENSExecutive Dir.
Trustee or director
40$129,304
CHACE HOLLANDController
Trustee or director
40$72,540
JACK McWILLIAMSFoundation Mgr.
Trustee or director
40$71,346
BECKY NOWELLPresident
Trustee or director, Officer
5$0
MARY MCKAY GRIFFITHDirector
Trustee or director
1$0
KAMEL KINGDirector
Trustee or director
1$0
VICTOR BYAS JRDirector
Trustee or director
1$0
BOO MITCHELLDirector
Trustee or director
1$0
HEATHER WALKERSecretary
Trustee or director, Officer
1$0
CRAIG RAYDirector
Trustee or director
1$0
JIM TROTTERDirector
Trustee or director
1$0
STEVE AZARDirector
Trustee or director
1$0
MYRTIS TABBVice President
Trustee or director, Officer
1$0
DEREK MILESDirector
Trustee or director
1$0
AMY WHITTENDirector
Trustee or director
1$0
JORDAN GOINSDirector
Trustee or director
1$0
BENNIE WRIGHTDirector
Trustee or director
1$0
DANNY WHALENTreasurer
Trustee or director, Officer
1$0
SHAWN MACKEY SRDirector
Trustee or director
1$0
MICHAEL SANDERSDirector
Trustee or director
1$0
SARITA SIMMONSDirector
Trustee or director
1$0
SEAN WESSELDirector
Trustee or director
1$0

Address and contacts

Address (IRS master file)
800 W SUNFLOWER RD, CLEVELAND, MS 38732-2502
In care of
% JUDSON THIGPEN
Principal officer (990 for 2024)
BECKY NOWELL, 406 NORMAN CIRCLE, CLEVELAND, MS 38732
Signed the 990
BECKY NOWELL, President
Phone
(662) 441-0100
Return prepared by
Gainspoletti & Associates CPA LLC

Mission

To educate and inspire through the universal language of music. To provide unique experiences for all, using music as a gateway to learning.GRAMMY Museum Mississippi is an exciting and interactive celebration of the power of music occupying a vibrant space in Cleveland, Mississippi. Cutting edge exhibits, interactive experiences and films provide a one-of-a-kind visitor experience engaging, educational, celebratory, and inspirational.

990 for the year ended December 31, 2024

Program accomplishments

  • GRAMMY Museum Mississippi operates programs and related activities to acknowledge and honor a diverse group of musicians and other performing artists for their contributions to American music. The Museum also shares music history through exhibits by curating and preserving music history with interviews, artifacts, and memorabilia related to the musicians life, career, and legacy. The Museum hosts public programs, panel discussions, and community events to educate visitors from the United States and international visitors on Mississippis music legacy.
    Expenses $1,550,003
  • The Museum provides music education for students inside the museum with museum tours, education workshops, summer camps, instrument lessons, sensory-friendly programs, family day activities, and education outreach workshops in schools. GRAMMY Museum Mississippi seeks to educate and inspire all Museum visitors and Members as to the enduring qualities and cultural significance of popular and classical music. By implementing a variety of innovative educational strategies; by incorporating the advice and needs of scholastic teachers, locally, regionally, and nationally; GRAMMY Museum Mississippi offers the most dynamic and exciting educational programs available from music museums. Through the exhibits, education programming, and exciting events with musicians and entertainment industry professionals, the Museum can bring the power of music to the community, state, and region.

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 December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
45-3186945
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2012
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$17,086,499
Income (IRS master file)
$2,155,682

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$2,046,903$1,955,368$17,086,499XML
990December 2023$1,956,833$1,899,410$17,036,301XML
990December 2022$1,758,546$1,677,340$16,967,424IRS
990December 2021–––IRS
990December 2020–––IRS
990December 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 45-3186945).

Questions about CLEVELAND MUSIC FOUNDATION INC

What is the EIN of CLEVELAND MUSIC FOUNDATION INC?
The employer identification number (EIN) of CLEVELAND MUSIC FOUNDATION INC is 45-3186945.
Is CLEVELAND MUSIC FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2012.
Are donations to CLEVELAND MUSIC FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does CLEVELAND MUSIC FOUNDATION INC 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 CLEVELAND MUSIC FOUNDATION INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did CLEVELAND MUSIC FOUNDATION INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of CLEVELAND MUSIC FOUNDATION INC?
The 990 for the year ended December 31, 2024 names BECKY NOWELL.
Who are the officers and directors of CLEVELAND MUSIC FOUNDATION INC?
The 990 for the year ended December 31, 2024 lists 21 people; 3 received compensation from the organization, the highest $135,237 (EMILY HAVENS, Executive Dir.).
How much revenue does CLEVELAND MUSIC FOUNDATION INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $2,046,903, expenses of $1,955,368 and total assets of $17,086,499 at year end.

Other nonprofits in CLEVELAND

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