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Filing year 2024

GOSPEL MUSIC TRUST FUND

Brentwood, Tennessee·EIN 58-1647495·NTEE T20 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)

* Sector derived from filing type (Form 990-PF), not IRS-assigned

Total revenue
$185k
Total assets
$3.3M
Total expenses
$144k
Reported officers
13

Reported officers (all unpaid)

No paid executives reported in 2024. GOSPEL MUSIC TRUST FUND reported 13 unpaid officers and board members on its 990-PF.

President
Treasurer
Secretary
Trustee
Trustee
Trustee
Trustee
Trustee
Trustee
Trustee
Trustee
Trustee
Vice Preside

Grants paid

Itemized grants reported on this foundation's 2024 Form 990-PF, Part XV.

Total granted

$46k

Itemized grants

2

Median grant

$23k

RecipientLocationPurposeAmount
PORTER'S CALLFRANKLIN, TNSUPPORT$42k
MUSIC HEALTH ALLIANCENASHVILLE, TNMEDICAL$4k
Compare this foundation's grantees

Funded by

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

Financial trend

Revenue and expenses over time

GOSPEL MUSIC TRUST FUND reported revenue and expenses across 2 filing years.

RevenueExpenses
$108k
$121k
2023
$185k
$144k
2024
Total revenue and total expenses from IRS Form 990 filings.

This is a private foundation. Peers are foundations of similar asset size ($1M - $10M), because foundation pay scales with assets under management, not revenue.

Sector benchmark

What Philanthropy, Voluntarism & Grantmaking executives earn in Tennessee

GOSPEL MUSIC TRUST FUND reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable philanthropy, voluntarism & grantmaking organization in Tennessee earns a median of $35,455.

25th percentile
$11k
Median
$35,455
75th percentile
$87k
90th percentile
$212k

These are philanthropy, voluntarism & grantmaking sector-wide figures, not this organization's reported pay. Based on 340 organizations across 340 filings (2021 – 2024).

See full Philanthropy, Voluntarism & Grantmaking pay data for Tennessee
FAQ

Common questions about GOSPEL MUSIC TRUST FUND

What are GOSPEL MUSIC TRUST FUND's revenue and expenses?

In 2024, GOSPEL MUSIC TRUST FUND reported $185k in total revenue and $144k in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size ($1M - $10M), because foundation pay scales with assets under management, not revenue.