philanthropy.org | 990 Resource | FAQ Verify yourself
Sign in

Grateful Guitars Foundation

Tax-deductible

Woodside, CA501(c)(3)Arts & Culture EIN 82-4031230Revenue $250K in FY2024

On file with the IRSgratefulguitars.org2995 Woodside Rd Ste 400, 94062-2448 · Woodside, CATax-exempt since Jul 2019Publicly supported charity — 170(b)(1)(A)(vi)

Claim this org

(tell your story, add context, and more)

What claiming does How does your 990 look to donors? Take the 10-Question Audit

Grateful Guitars is a 501-c3 nonprofit that obtains world-class musical instruments for talented players who seek to carry on the tradition of jam band music into the 21st century and beyond. We identify musicians who thrive in live settings and we secure the gear they need to reach their fullest musical potential. Through the powerful connection between the skilled player and the highest quality instrument, our aim is to ensure that jam band music thrives for generations of live music fans.

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

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
Spent on programs
6%
of spending
Concern: 6% of spending went to programs; under 50%.
Pt IX · Ln 25 · col B
Cash reserves
3 mo
of spending, in cash
Looks good: 3.2 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
3
named funders · $201K
Looks good: 3 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
3
of 12 voting members
Worth a look: 3 of 12 voting members are independent, under half.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$250K
+58% vs prior year
Spent
$185K
To programs
6%
Net assets
$217K
By yearFY2020–FY2024
Revenue
$250K
FY2024▲ +58%
Tap a bar for its year
Revenue by fiscal year
FY2020$10K
FY2021$16K
FY2022$46K
FY2023$158K
FY2024$250K
Net assets
$217K
FY2024▲ +41%
Tap a bar for its year
Net assets by fiscal year
FY2020$5K
FY2021$13K
FY2022$40K
FY2023$154K
FY2024$217K

From the FY2024 Form 990 · see the original

Give Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Jul 2019.

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

Where the money goes

6 cents of each dollar spent went to programs.

Program services 6% · $12K Management & general 94% · $173K

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

Something off? Claim to add context

Who runs it and what they're paid

5 people listed on the 990.

Part VII, Section A · reportable compensation
Andrew Logan
President, Director
$0Pt VII · Sec A
Rebecca Logan
Secretary, Treasurer, Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Mike Reese
Director
$0Pt VII · Sec A
Fred Strame
Director
$0Pt VII · Sec A
See Grateful Guitars Foundation executive salaries →

On this list? Claim this org

Something off? Claim to add context

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

Provides talented musicians with top-quality instruments to advance jam band music.

Questions for Grateful Guitars Foundation

Tap to ask. Grateful Guitars Foundation sees how many people are interested.

Your first name shows with your question. Grateful Guitars Foundation answers here, for everyone.

Provided by the organization

Know this org? Add your story

3 programs · $12K · in their own filed words · FY2024
01

Blue bear music school

$5Kprogram expense
02

Lune lake loop performing arts association

$4Kprogram expense
03

The fit kids foundation

$2Kprogram expense

Funders

Who pays for it.

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

Grants

Schedule I · funders on record
Grants received · FY2024
Davidow Family FoundationFY2024$100K
Donor Advised Charitable Giving INCFY2024$51K
National Philanthropic TrustFY2024$50K
Total grants receivedfrom 3 funders$201K
See all 3 funders →

By the numbers

The FY2024 990, line by line.

Download 990
from philanthropy.org
1The main four
Money inPt VIII
$250K
Ln 12
Gifts and grantsLn 1h$246K
Other incomeLn 4–11$4K
Money outPt IX
$185K
Ln 25
Programscol B$12K
Managementcol C$173K
Owns and owesPt X
$217K
net assets · Ln 32
Cash and savingsLn 1–2$50K
Total assetsLn 16$217K
LiabilitiesLn 26$0
PeoplePt VI, VII
5
listed · VII A
PaidVII A0
Voting boardVI 1a12
IndependentVI 1b3
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$246K
Other incomeLn 4–11$4K
Total revenueLn 12$250K
Assets in detailPt X, end of year
CashLn 1$50K
Cash and savings togetherLn 1–2$50K
Other assetsLn 15$168K
Total assetsLn 16$217K
LiabilitiesLn 26$0
Net assetsLn 32$217K
OperationsPt I, VI
EmployeesI 50
VolunteersI 60
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$85K$50K
Total assetsLn 16$154K$217K
LiabilitiesLn 26$0$0
Net assetsLn 32$154K$217K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$12K$12K
Advertising and promotionLn 12$7K$7K
TravelLn 17$18K$18K
Other expenses (24a–d)Ln 24$136K$136K
All other expensesLn 24e$13K$13K
Total functional expensesLn 25$185K$12K$173K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing $250K$185K$65K$217K 990 PDF
FY2023 $158K$154K 990 PDF
FY2022 $46K$40K 990 PDF
FY2021 $16K$13K 990 PDF
FY2020 $10K$5K 990 PDF

More to add? Claim this org

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2024 990 (6 parts)
Part I · Summary $249,693 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $158,357$245,772
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $0$0
I-11 Other revenuePrior year $0$3,921
I-12 Total revenuePrior year $158,357$249,693
I-13 Grants and similar amounts paidPrior year $0$11,500
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $0$0
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $44,031$173,328
I-18 Total expensesPrior year $44,031$184,828
I-19 Revenue less expensesPrior year $114,326$64,865
Part VI · Governance 3 of 12 board members independent, 5 to look at
VI-1a Voting members of the governing body12
VI-1b Independent voting members3
VI-2 Family or business relationship among officers or directorsYes
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
Part VIII · Statement of revenue $249,693 across 4 lines filed
VIII-1f All other contributions, gifts and grants$245,772
VIII-1h Total contributions, gifts and grants$245,772
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Excluded from tax $3,921$3,921
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $3,921$249,693
Part IX · Statement of functional expenses $184,828 across 5 lines filed
IX-1 Grants to domestic organizationsPrograms $11,500$11,500
IX-12 Advertising and promotionManagement $6,520$6,520
IX-17 TravelManagement $17,911$17,911
IX-24 Other expenses (24a–d)Management $135,867$135,867
IX-24e All other expensesManagement $13,030$13,030
IX-25 Total functional expensesPrograms $11,500 · Management $173,328 · Fundraising $0$184,828
Part X · Balance sheet $217,413 assets, 6 lines filed
X-1 Cash, non-interest-bearingStart of year $84,546$49,818
X-15 Other assetsStart of year $69,502$167,595
X-16 Total assetsStart of year $154,048$217,413
X-26 Total liabilitiesStart of year $0$0
X-32 Total net assets or fund balancesStart of year $154,048$217,413
X-33 Total liabilities and net assetsStart of year $154,048$217,413
Part XI · Reconciliation of net assets $217,413 net assets at year end
XI-1 Total revenue$249,693
XI-2 Total expenses$184,828
XI-3 Revenue less expenses$64,865
XI-4 Net assets at start of year$154,048
XI-9 Other changes in net assets−$1,500
XI-10 Net assets at end of year$217,413

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.

Your org? Add context

Made it to the end? Claim this org

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.