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Filing year 2023

SAVE OUR MUSICIANS FOUNDATION INC

Jupiter, Florida·EIN 87-1020850·NTEE A11 · Arts, Culture & Humanities·501(c)(3)
Total revenue
$23.3M
Total assets
$10.1M
Total expenses
$16.5M
Reported officers
5
Mission

THE SAVE OUR MUSICIANS FOUNDATION (SOMF) IS A PASSIONATE 501(C)(3) NON-PROFIT DEDICATED TO EMPOWERING THE INDEPENDENT MUSICIAN. THE ORGANIZATION WAS INITIALLY FOUNDED IN 2021 WITH THE GOAL OF HELPING MUSICIANS THROUGH A CHALLENGING POST-PANDEMIC PERIOD WHERE OPPORTUNITIES TO BOOK LIVE GIGS BECAME VIRTUALLY NON-EXISTENT. OUR MISSION HAS SINCE EVOLVED TO A MORE COMPREHENSIVE APPROACH TOWARDS ADDRESSING THE CHALLENGES FACED BY ASPIRING INDEPENDENT MUSICIANS. WHILE THE CORE OF OUR NON-PROFIT ACTIVITIES CENTER AROUND SHOWCASING TALENT THROUGH LIVE GIGS AND PERFORMANCE OPPORTUNITIES, WE ALSO PROVIDE A WHOLISTIC APPROACH TOWARDS THE VARIOUS FACETS OF ARTIST DEVELOPMENT AND FOSTER GROWTH AT EVERY STAGE OF A MUSICIAN'S CAREER. WE BELIEVE MUSIC IS A TRANSFORMATIVE FORCE THAT UNITES COMMUNITIES AND IGNITES POSITIVE CHANGE. BY FOSTERING A SUPPORTIVE ECOSYSTEM, WE CULTIVATE ARTISTIC GROWTH, PROPEL CAREERS, AND CHAMPION THE FUTURE OF MUSIC.

Reported officers (all unpaid)

No paid executives reported in 2023. SAVE OUR MUSICIANS FOUNDATION INC reported 5 unpaid officers and board members on its 990.

President/ceo
Treasurer
Secretary
Vice President
Vice President

Funded by

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

Sector benchmark

What Arts, Culture & Humanities executives earn in Florida

SAVE OUR MUSICIANS FOUNDATION INC reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable arts, culture & humanities organization in Florida earns a median of $50,000.

25th percentile
$17k
Median
$50,000
75th percentile
$101k
90th percentile
$198k

These are arts, culture & humanities sector-wide figures, not this organization's reported pay. Based on 689 organizations across 689 filings (2020 – 2024).

See full Arts, Culture & Humanities pay data for Florida
FAQ

Common questions about SAVE OUR MUSICIANS FOUNDATION INC

What are SAVE OUR MUSICIANS FOUNDATION INC's revenue and expenses?

In 2023, SAVE OUR MUSICIANS FOUNDATION INC reported $23.3M in total revenue and $16.5M in total expenses on its IRS Form 990.

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