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Filing year 2024

ASBURY PARK MUSIC FOUNDATION INC

Asbury Park, New Jersey·EIN 45-2675974·NTEE A68 · Arts, Culture & Humanities·501(c)(3)
Total revenue
$581k
Total assets
$323k
Total expenses
$484k
Reported officers
8
Mission

TO PROVIDE LIFE-CHANGING MUSIC EDUCATION TO ENGAGE UNDER-SERVED YOUTH AND RUN EVENTS TO IMPROVE THE ECONOMIC WELL-BEING OF THE RESIDENTS AND UNITE A DIVERSE COMMUNITY.

Reported officers (all unpaid)

No paid executives reported in 2024. ASBURY PARK MUSIC FOUNDATION INC reported 8 unpaid officers and board members on its 990.

Chairman
Treasurer
Secretary
Trustee
Trustee
Trustee
Trustee
Trustee
Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at ASBURY PARK MUSIC FOUNDATION INC equaled 8% of the organization's total expenses. The median for arts, culture & humanities organizations is 11%.

This organization (2023)
8%
Sector median
11%
Middle half of sector
5% to 20%

Based on 17,098 arts, culture & humanities organizations, each measured at its most recent filing year with reported expenses and compensation.

Funded by

Private foundations whose Form 990-PF Part XV grants matched this organization.

Financial trend

Revenue and expenses over time

ASBURY PARK MUSIC FOUNDATION INC reported revenue and expenses across 2 filing years.

RevenueExpenses
$830k
$964k
2023
$581k
$484k
2024
Total revenue and total expenses from IRS Form 990 filings.
Sector benchmark

What Arts, Culture & Humanities executives earn in New Jersey

ASBURY PARK MUSIC FOUNDATION INC reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable arts, culture & humanities organization in New Jersey earns a median of $51,422.

25th percentile
$19k
Median
$51,422
75th percentile
$101k
90th percentile
$176k

These are arts, culture & humanities sector-wide figures, not this organization's reported pay. Based on 318 organizations across 318 filings (2022 – 2024).

See full Arts, Culture & Humanities pay data for New Jersey

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FAQ

Common questions about ASBURY PARK MUSIC FOUNDATION INC

What are ASBURY PARK MUSIC FOUNDATION INC's revenue and expenses?

In 2024, ASBURY PARK MUSIC FOUNDATION INC reported $581k in total revenue and $484k in total expenses on its IRS Form 990.

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