Nonprofit · EIN 81-5047254
FIVE POINTS MUSIC FOUNDATION
Tax-exempt · ROANOKE, VA 24016
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $939,918 | $951,068 | -$11,150 | $228,836 | $74,396 | $154,440 |
| December 31, 2023 | 990 | $769,011 | $721,112 | $47,899 | $191,703 | $26,113 | $165,590 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $183,028
- Program service revenue
- $725,224
- Investment income
- $9,535
- Net rental income
- $38,354
- Net gain from sales of assets
- $9,535
- Net income from fundraising events
- -$16,223
- Other revenue
- $22,131
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $53,575
- Salaries, compensation and benefits (total)
- $53,575
- Professional fundraising fees
- $0
- Accounting fees
- $6,978
- Occupancy
- $30,250
- Travel
- $3,475
- Depreciation
- $15,004
- Program services (functional)
- $858,540
- Management and general (functional)
- $46,274
- Fundraising (functional)
- $46,254
Balance sheet and other
- Total assets, start of year
- $191,703
- Total assets, end of year
- $228,836
- Total liabilities, end of year
- $74,396
- Net assets, end of year
- $154,440
- Land, buildings and equipment
- $44,292
- Net assets without donor restrictions
- $154,440
- Gross receipts
- $962,566
- Employees
- 13
- Volunteers
- 25
- Year formed
- 2017
- State of legal domicile
- VA
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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| R TYLER GODSEY | Executive Dir. Officer | 40 | $53,325 |
| JUSTIN PINCKNEY | Director Trustee or director | 2 | $250 |
| MICHELLE DARBY | Secretary Trustee or director, Officer | 2 | $0 |
| MATT FITZGERALD | Director Trustee or director | 0 | $0 |
| BRAD BERTINOT | Treasurer Trustee or director, Officer | 2 | $0 |
| SCHUYLER GODSEY | CHAIR Trustee or director, Officer | 2 | $0 |
990 for the year ended December 31, 2023: 6 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| R TYLER GODSEY | Executive Dir. Officer | 40 | $44,125 |
| JUSTIN PINCKNEY | Director Trustee or director | 2 | $213 |
| MICHELLE DARBY | Secretary Trustee or director, Officer | 2 | $0 |
| MATT FITZGERALD | Director Trustee or director | 0 | $0 |
| BRAD BERTINOT | Treasurer Trustee or director, Officer | 2 | $0 |
| SCHUYLER GODSEY | CHAIR Trustee or director, Officer | 2 | $0 |
Address and contacts
- Address (IRS master file)
- 1217 MAPLE AVE SW, ROANOKE, VA 24016-4707
- In care of
- % TYLER GODSEY
- Principal officer (990 for 2024)
- R TYLER GODSEY, 1217 MAPLE AVE SW, ROANOKE, VA 24016
- Signed the 990
- R TYLER GODSEY, Executive Dir.
- Phone
- (540) 795-5618
- Website
- 5pointsmusic.com
- Return prepared by
- FOTI FLYNN LOWEN & CO PC
Mission
FIVE POINTS MUSIC'S mission is to pursue the power of sound through live events that fund and promote access to music therapy, hearing loss advocacy, accessibility programs, and public arts initiatives. With a goal of fostering a more inclusive and universally approachable world, FIVE POINTS Music develops programs and services to enhance the role that music and art can play in educating and uniting audiences to support access with a wide variety of developmental, physical, & mental challenges.
Program accomplishments
- FIVE POINTS Music uses live events, workshops, and concerts that fund and support access to music therapy, hearing loss advocacy, accessibility programs along with public arts initiatives designed to foster a more inclusive and universally approachable world. Our live events serve as a platform to highlight the creative capacity of musicians, print/graphic artists, installation/sculpture artists, street performers, photographers, authors, & other performing artists, while emphasizing the need to foster an inclusive experience for guests with special needs including hearing loss, vision loss, mental disabilities, mobility issues, and other unique challenges.Expenses $832,787 · revenue $720,139
- FIVE POINTS Accessibility and Hearing Loss Advocacy programs feature a variety of services that are developed at our live events and offered to other event organizers, festival promoters, community events, other venues, for touring artists, and more. Services include offering free mobile hearing testing, free hearing protection give-aways for children, teens, & adults, Performing ASL Interpreters, color-blind/light sensitive glasses, tactile/haptic technology for those with hearing loss or sensory challenges, mobility support, ADA hospitality and customer service, training, and strategic planning to create universally accessible experiences for guests with various special needs.Expenses $18,453
- FIVE POINTS Music provides year round access to music therapy services for groups and individuals with various special needs including children with developmental disabilities, veterans with PTSD, those in recovery from addiction, and more. Providing families and individuals alternatives to other traditional therapy services offers clients and their families effective tools to strengthen motor function, social skills, audio/verbal development, cognitive development, and communication strategies to effectively engage with and enhance the physical, mental, and emotional well being of clients, care-takers, and their families.Expenses $7,300
- FIVE POINTS Music believes that its important to use our platform for strengthening the vitality of our community while embracing the opportunity to collaborate with other organizations and causes that play a meaningful role in the world we live in. FIVE POINTS provides a variety of benefits to community partners and non-profits with free/discounted venue rental rates, access to technology, administrative/marketing/technical support, and fundraising capacity for many organizations throughout our service areas. FIVE POINTS Music has worked in many capacities with organizations with diverse missions and causes. In working with organizations across political, religious, and social boundaries, we aim to foster a world that is empathetic and open-minded allowing us to unite around the values that we share.revenue $14,620
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 81-5047254
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2017
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Arts, culture and humanities (A68)
- Assets (IRS master file)
- $228,836
- Income (IRS master file)
- $962,566
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $939,918 | $951,068 | $228,836 | XML |
| 990 | December 2023 | $769,011 | $721,112 | $191,703 | XML |
| 990 | December 2022 | $623,273 | $704,971 | $153,885 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990-EZ | December 2020 | – | – | – | IRS |
| 990 | December 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 81-5047254).
Questions about FIVE POINTS MUSIC FOUNDATION
- What is the EIN of FIVE POINTS MUSIC FOUNDATION?
- The employer identification number (EIN) of FIVE POINTS MUSIC FOUNDATION is 81-5047254.
- Is FIVE POINTS MUSIC FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2017.
- Are donations to FIVE POINTS MUSIC FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does FIVE POINTS MUSIC 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 FIVE POINTS MUSIC FOUNDATION 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 FIVE POINTS MUSIC FOUNDATION 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 FIVE POINTS MUSIC FOUNDATION?
- The 990 for the year ended December 31, 2024 names R TYLER GODSEY.
- Who are the officers and directors of FIVE POINTS MUSIC FOUNDATION?
- The 990 for the year ended December 31, 2024 lists 6 people; 2 received compensation from the organization, the highest $53,325 (R TYLER GODSEY, Executive Dir.).
- How much revenue does FIVE POINTS MUSIC FOUNDATION have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $939,918, expenses of $951,068 and total assets of $228,836 at year end.
Other nonprofits in ROANOKE
- BLUE RIDGE PUBLIC TELEVISION EIN 54-0798878 · last filed 990 for 2025
- THE TAUBMAN MUSEUM OF ART EIN 54-6026841 · last filed 990 for 2025
- WESTERN VIRGINIA FOUNDATION FOR THE ARTS AND SCIENCES EIN 51-0238900 · last filed 990 for 2025
- JEFFERSON CENTER FOUNDATION LTD EIN 62-1392982 · last filed 990 for 2025
- ROANOKE SYMPHONY ORCHESTRA EIN 54-6019736 · last filed 990 for 2025
- GRANDIN THEATRE FOUNDATION INC EIN 01-0557881 · last filed 990 for 2024
- VIRGINIA MUSEUM OF TRANSPORTATION INC EIN 54-1027436 · last filed 990 for 2025
- MILL MOUNTAIN PLAYHOUSE CO EIN 54-0792067 · last filed 990 for 2025
All nonprofits in ROANOKE · Virginia · Arts, culture and humanities