Cascade Music Foundation

Tax-deductible

Seattle, WA501(c)(3)Arts & CultureEIN 27-2491806

Seattle music foundation hosts one of the venues at the seattle music festival which features over 70 of the best northwest and national bands and dj's. Net proceeds of the event are donated to other 501(c)(3) organizations with the goal of promoting musicians, musical education, and musical performances.

501(c)(3) charity; gifts are tax-deductible.
100¢ of each $1 spent went to programs.
Run by 2 volunteers.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
1 of 5
filings with a surplus
Average deficit $2K a year · under 1% of revenue · last 5 filings
Concern: a surplus in 1 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
100%
of spending
Looks good: 100% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
<1 mo
of spending, in cash
Concern: 0.1 months of spending in cash; under 2 weeks.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$11K
269% of total assets
Concern: liabilities are 269% of assets; over 80%.
Pt X · Ln 26
Independent board members
0
of 2 voting members
Concern: none of 2 voting members are independent.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$428K
+21% vs prior year
Spent
$409K
To programs
100%
Net assets
−$7K
By yearFY2020–FY2024
Revenue
$428K
FY2024▲ +21%
Revenue by fiscal year
FY2020$1K
FY2021$0
FY2022$0
FY2023$353K
FY2024$428K
Expenses
$409K
FY2024▲ +8%
Expenses by fiscal year
FY2020$2K
FY2021$698
FY2022$363
FY2023$378K
FY2024$409K
Net assets
−$7K
FY2024▲ +73%
Net assets by fiscal year
FY2020−$48
FY2021−$746
FY2022−$1K
FY2023−$26K
FY2024−$7K

From the FY2024 Form 990 · see the original

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Jan 2012.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

100 cents of each dollar spent went to programs.

Program services 100% · $409K

Form 990 Part IX, line 25. Every line is in By the numbers.

Who runs it and what they're paid

1 person listed on the 990.

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
See Cascade Music Foundation executive salaries →

Are you one of these people? Claim this org to confirm your role

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2Yes
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Presents a music festival, donating proceeds to promote musicians and music education.

Provided by the organization

This section is blank until Cascade Music Foundation claims this page.

Know this organization? Claim it to add your story

1 program service account for $409K of program spending, described in the organization's own filed words · FY2024.
01

Cascade music foundation hosts one of the venues at the seattle music festival which features over 70 of the best northwest and national bands and DJ'S. Net proceeds of the event are donated to other 501(c)(3) organizations with the goal of promoting musicians, musical education, and musical performances.

$409Kprogram expense

Run this program? Claim this org to tell your story

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$428K
Ln 12
Fees for servicesLn 2g$428K
Money outPt IX
$409K
Ln 25
Programscol B$409K
Owns and owesPt X
−$7K
net assets · Ln 32
Cash and savingsLn 1–2$4K
Total assetsLn 16$4K
LiabilitiesLn 26$11K
PeoplePt VI, VII
1
listed · VII A
PaidVII A0
Voting boardVI 1a2
IndependentVI 1b0
2In more detail
Revenue in detailPt VIII
Fees for servicesLn 2g$428K
Total revenueLn 12$428K
Assets in detailPt X, end of year
CashLn 1$4K
Cash and savings togetherLn 1–2$4K
Total assetsLn 16$4K
LiabilitiesLn 26$11K
Net assetsLn 32−$7K
OperationsPt I, VI
EmployeesI 50
VolunteersI 62
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$13K$4K
Total assetsLn 16$13K$4K
LiabilitiesLn 26$40K$11K
Net assetsLn 32−$26K−$7K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$3K$3K
Accounting feesLn 11c$1K$1K
Other fees for servicesLn 11g$36K$36K
OccupancyLn 16$83K$83K
Other expenses (24a–d)Ln 24$286K$286K
Total functional expensesLn 25$409K$409K$0$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing $428K$409K$19K−$7K 990 PDF
FY2023 $353K$378K−$25K−$26K 990 PDF
FY2022 $0$363−$363−$1K 990 PDF
FY2021 $0$698−$698−$746 990 PDF
FY2020 $1K$2K−$572−$48 990 PDF

Want to add your own materials alongside these filings? Claim this org

Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2024 990 (4 parts)
Part VIII · Statement of revenue $427,720 across 2 lines filed
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $427,720$427,720
VIII-12 Total revenueRelated to mission $427,720$427,720
Part IX · Statement of functional expenses $408,604 across 5 lines filed
IX-1 Grants to domestic organizationsPrograms $3,000$3,000
IX-11c Accounting feesPrograms $1,100$1,100
IX-11g Other fees for servicesPrograms $35,550$35,550
IX-16 OccupancyPrograms $82,560$82,560
IX-24 Other expenses (24a–d)Programs $286,394$286,394
IX-25 Total functional expensesPrograms $408,604 · Management $0 · Fundraising $0$408,604
Part X · Balance sheet $4,227 assets, 8 lines filed
X-1 Cash, non-interest-bearingStart of year $13,496$4,227
X-16 Total assetsStart of year $13,496$4,227
X-17 Accounts payable and accrued expensesStart of year $39,034$10,101
X-25 Other liabilitiesStart of year $729$1,277
X-26 Total liabilitiesStart of year $39,763$11,378
X-27 Net assets without donor restrictionsStart of year −$26,267−$7,151
X-32 Total net assets or fund balancesStart of year −$26,267−$7,151
X-33 Total liabilities and net assetsStart of year $13,496$4,227
Part XI · Reconciliation of net assets −$7,151 net assets at year end
XI-1 Total revenue$427,720
XI-2 Total expenses$408,604
XI-3 Revenue less expenses$19,116
XI-4 Net assets at start of year−$26,267
XI-10 Net assets at end of year−$7,151

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.
Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.