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Nonprofit · EIN 88-1746065

MONARCH MUSIC & ARTS COMMUNITY

Tax-exempt · LOUISVILLE, KY 40204

Financials

$153K$118K2023$223K$203K2024
Revenue Expenses · by fiscal year end
Financials of MONARCH MUSIC & ARTS COMMUNITY by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$222,769$203,054$19,715$53,843$0$53,843
December 31, 2023990-EZ$153,488$118,298$35,190$34,128$0$34,128
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$129,502
Program service revenue
$93,267
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$83,500
Salaries, compensation and benefits (total)
$83,500
Professional fundraising fees
$0
Accounting fees
$1,500
Occupancy
$31,920
Program services (functional)
$158,907
Management and general (functional)
$28,241
Fundraising (functional)
$15,906

Balance sheet and other

Total assets, start of year
$34,128
Total assets, end of year
$53,843
Total liabilities, end of year
$0
Net assets, end of year
$53,843
Net assets without donor restrictions
$53,843
Gross receipts
$222,769
Employees
0
Volunteers
15
Year formed
2022
State of legal domicile
KY

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
Mark RobertsPresident
Trustee or director, Officer
60$46,000
Tara PowersSecretary
Trustee or director, Officer
20$37,500
James StapletonDirector
Trustee or director
1$0
Dustin BoehDirector
Trustee or director
1$0
990-EZ for the year ended December 31, 2023: 5 people
NameTitleHours / weekCompensation
Mark RobertsPresident60$29,500
Tara PowersSecretary20$19,500
James StapletonDirector1$0
Dustin BoehDirector1$0
David DeansTreasurer1$0

Address and contacts

Address (IRS master file)
1318 BARDSTOWN RD, LOUISVILLE, KY 40204-1320
Principal officer (990 for 2024)
Mark Roberts, 2200 Long Run Road, Louisville, KY 40245
Signed the 990
Mark Roberts, Executive Director
Phone
(502) 938-0600
990-N for 2022 filed under this EIN
Most likely by a chapter, club or affiliate (it says receipts are normally $50,000 or less). Officer: Mark Roberts, 2200 Long Run Rd, Louisville KY 40245. Mailing address: 1318 Bardstown Rd, Louisville KY 40245. Website: www.themonarchmac.org

Mission

The Monarch Music & Arts Community is a co-working space that serves as a communal hub for the creation, education, collaboration, performance, and advancement of original music and art in Louisville, KY. The organization's mission is to encourage, promote, and support local artists while promoting music and art appreciation and education in our community. The organization's goal is to unite, inspire, and uplift local artists, and our entire community, as we cultivate new creative connections beyond our city.

990 for the year ended December 31, 2024

Program accomplishments

  • Music and arts community hub and resource center: The organization operates and maintains a 3,000 sqft facility (leased) dedicated to the creation, education, collaboration, performance and furtherance of original music and art. The facility provides: Writing, rehearsal, and performance space for artists of all skill levels. Workshops, community events and educational programming to artists of all skill levels and the public at large. Professional grade tools, resources and platforms for local and touring artists to connect, collaborate and perform. Shared equipment/resource libraries to empower artists of all backgrounds to thrive and succeed in their artistic endeavors. BYO communal space for work, play, learning, advancement and fellowship in music and arts. In 2024 alone, the facility hosted intimate performances by 711 local artists, 98 regional and national touring artists. In June 2023, co-working memberships were launched to the public. At the end of 2024, the facility was home to 228 active members.
    Expenses $62,311 · revenue $67,890
  • Community events, free and donation based: The organization organizes and hosts a variety of public events and performances that showcase local/regional/national talent, celebrate artistic diversity, and provide platforms for artists to share their work at our physical location. These events include concerts and performances, educational workshops, art exhibitions, and collaborative projects that engage both local and touring artists, and the community at large. In 2024, the organization hosted 117 free and donation-based community concerts open to the general public, and 21 special ticketed events, with an estimated total of over 4,500 attendees.
    Expenses $67,039 · revenue $17,064
  • Educational programming and arts appreciation: The organization provides educational programming and workshops designed to nurture artistic talent, provide skills training, and promote artistic expression among individuals of all ages and backgrounds. Examples of programming provided in 2024 includes: monthly genre jams and round table discussions, monthly mental health wellness learning series for artists and community, free guitar workshop series, songwriter's rounds and performance series, free outdoor art exhibits featuring local painters/sculptors/musicians.
    Expenses $29,557 · revenue $8,313

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-EZ on file

IRS record

EIN
88-1746065
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
2023
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$53,843
Income (IRS master file)
$222,769

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$222,769$203,054$53,843XML
990-EZDecember 2023$153,488$118,298$34,128XML
990-N for 2022
Officer: Mark Roberts
Filed under this EIN, most likely by a chapter or affiliate
December 31, 2022≤ $50,000 receipts––e-Postcard

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 88-1746065).

Questions about MONARCH MUSIC & ARTS COMMUNITY

What is the EIN of MONARCH MUSIC & ARTS COMMUNITY?
The employer identification number (EIN) of MONARCH MUSIC & ARTS COMMUNITY is 88-1746065.
Is MONARCH MUSIC & ARTS COMMUNITY tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2023.
Are donations to MONARCH MUSIC & ARTS COMMUNITY tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does MONARCH MUSIC & ARTS COMMUNITY 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 MONARCH MUSIC & ARTS COMMUNITY 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 MONARCH MUSIC & ARTS COMMUNITY 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 MONARCH MUSIC & ARTS COMMUNITY?
The 990 for the year ended December 31, 2024 names Mark Roberts.
Who are the officers and directors of MONARCH MUSIC & ARTS COMMUNITY?
The 990 for the year ended December 31, 2024 lists 4 people; 2 received compensation from the organization, the highest $46,000 (Mark Roberts, President).
How much revenue does MONARCH MUSIC & ARTS COMMUNITY have?
On its 990 for the year ended December 31, 2024 it reported revenue of $222,769, expenses of $203,054 and total assets of $53,843 at year end.

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