To stimulate, preserve, promote, and sustain interest in and appreciation of American and International Roots Music including bluegrass, folk, americana, alternative country, blues and other forms of innovative grassroots music and to encourage [continued on Schedule O]

501(c)(3) charity; gifts are tax-deductible.
92¢ of each $1 spent went to programs.
$75K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

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
2 of 5
filings with a surplus
Average deficit $19K a year · 1% of revenue · last 5 filings
Concern: a surplus in 2 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
92%
of spending
Looks good: 92% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$75K
to officers and key staff · 3% of spending
Looks good: pay to officers and key staff is 3% of spending; 15% or less.
Pt VII · Sec A
Named funders
7
named funders · $740K
Looks good: 7 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$73K
7% of total assets
Looks good: liabilities are 7% of assets; 50% or less.
Pt X · Ln 26
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$2.3M
-29% vs prior year
Spent
$2.3M
To programs
92%
Net assets
$951K
By yearFY2020–FY2024
Revenue
$2.3M
FY2024▼ -29%
Tap a bar for its year
Revenue by fiscal year
FY2020$366K
FY2021$943K
FY2022$950K
FY2023$3.2M
FY2024$2.3M
Expenses
$2.3M
FY2024▼ -21%
Tap a bar for its year
Expenses by fiscal year
FY2020$654K
FY2021$741K
FY2022$1.2M
FY2023$2.9M
FY2024$2.3M
Net assets
$951K
FY2024▼ -2%
Tap a bar for its year
Net assets by fiscal year
FY2020$756K
FY2021$959K
FY2022$696K
FY2023$973K
FY2024$951K

From the FY2024 Form 990 · figures checked against the IRS filing · see the original

Give Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Mar 2017.

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

Where the money goes

92 cents of each dollar spent went to programs.

Program services 92% · $2.1M Management & general 7% · $155K Fundraising 1% · $21K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

4 people listed on the 990; $75K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2023); the FY2024 filing did not itemize Part VII
Treasurer
$75,000Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Maureen Cross’s $75K as Treasurer is at the 14th percentile of top reported officer pay among 3924 $1–10M arts & culture nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2023FY2022FY2021FY2020
Maureen Cross$75,000$18,000$18,000$18,000

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Freshgrass Public Foundation executive salaries →

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Programs and updates

Promotes and preserves American and international roots music, including bluegrass, folk, and blues.

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Provided by the organization

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3 programs · $2.6M · in their own filed words · FY2023
01

Freshgrass Public Foundation is focused on sustainable solutions for the music industry. We partner with world-class institutions such as The Office Performing Arts + Film, MASS MoCA, The Momentary, Berklee College of Music, Silkroad, and many others to bring world class performing arts experiences to life.

$1.7Mprogram expense
02

II. No Depression Program Accomplishments No Depression has been the roots music authority since 1995. Though it began as a pioneering publication for alt-country coverage, today we think of roots music as an umbrella term that encompasses folk, (alt-)country, bluegrass, blues, singer-songwriters, etc. Any sort of music of the people.

$565Kprogram expense
03

I. Folk Alley Program AccomplishmentsInternet/Terrestrial Radio:--------------------------- Folk Alley is a nonprofit, listener-supported, internet radio service that delivers a 24/7, hosted, eclectic mix of traditional folk, contemporary singer/songwriters, roots, and Americana music to listeners all over the world.

$384Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2024
See all 7 funders →
Grants paid · 24 grants · $2.0M · 2020–2023
The Office of Performing ArtsFY2022$421,214
Unitemized GrantFY2022$50,000
Unitemized GrantFY2022$25,000
Unitemized GrantFY2022$22,500
Unitemized GrantFY2022$10,500
Unitemized GrantFY2022$8,928
Unitemized GrantFY2022$8,125
Unitemized GrantFY2022$5,000
Unitemized GrantFY2022$1,500
Unitemized GrantFY2022$1,097
Unitemized GrantFY2021$50,000
Unitemized GrantFY2021$35,000
Unitemized GrantFY2021$24,000
The Porches InnFY2021$15,000
Unitemized GrantFY2021$10,000
Unitemized GrantFY2021$5,000
Unitemized GrantFY2021$2,500
See all 24 grants →

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$2.3M
Ln 12
Gifts and grantsLn 1h$2.2M
Other incomeLn 4–11$33K
Money outPt IX
$2.3M
Ln 25
Programscol B$2.1M
Managementcol C$155K
Fundraisingcol D$21K
Owns and owesPt X
$951K
net assets · Ln 32
Total assetsLn 16$1.0M
LiabilitiesLn 26$73K
PeoplePt VI, VII
4
listed · VII A
PaidVII A1
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$2.2M
Other incomeLn 4–11$33K
Total revenueLn 12$2.3M
Assets in detailPt X, end of year
Total assetsLn 16$1.0M
LiabilitiesLn 26$73K
Net assetsLn 32$951K
OperationsPt I, VI
EmployeesI 51
Fiscal year endsHeaderDecember

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing $2.3M$2.3M−$22K$951K 990 PDF
FY2023 $3.2M$2.9M$277K$973K 990 PDF
FY2022 $950K$1.2M−$262K$696K 990 PDF
FY2021 $943K$741K$202K$959K 990 PDF
FY2020 $366K$654K−$288K$756K 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons A · Public support O · Explanations

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

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