Iris Music Project reimagines residential and healthcare communities as spaces of creative exchange. Through collaboratively designed programming, Iris Music Project provides opportunities for connection and purpose for residents, caregivers, and musicians.

501(c)(3) charity; gifts are tax-deductible.
98¢ 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
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 4
filings with a surplus
Average surplus $47K a year · 9% of revenue · last 4 filings
Fine: a surplus in 3 of the last 4 filings.
Pt I · Ln 19 · 4 filings
Spent on programs
98%
of spending
Looks good: 98% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
5 mo
of spending, in cash
Looks good: 5.0 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $10K
Fine: 1 funder names it on their filings; under 3.
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
0
of 8 voting members
Concern: none of 8 voting members are independent.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$588K
+27% vs prior year
Spent
$555K
To programs
98%
Net assets
$233K
By yearFY2021–FY2025
Revenue
$588K
FY2024▲ +27%
Tap a bar for its year
Revenue by fiscal year
FY2021$188K
FY2022$261K
FY2023$462K
FY2024$588K
FY2025$663K
Expenses
$555K
FY2024▲ +66%
Tap a bar for its year
Expenses by fiscal year
FY2021Not on file
FY2022$214K
FY2023$335K
FY2024$555K
FY2025$684K
Net assets
$233K
FY2024▲ +62%
Tap a bar for its year
Net assets by fiscal year
FY2021$30K
FY2022$71K
FY2023$144K
FY2024$233K
FY2025$212K

From the FY2024 Form 990 · see the original

990 PDF Claim
You’re viewing the FY2024 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Dec 2019.

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

Where the money goes

98 cents of each dollar spent went to programs.

Program services 98% · $543K Management & general 0% · $1K Fundraising 2% · $10K

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

11 people listed on the 990.

Part VII, Section A · reportable compensation
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Executive Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Msw Board Member
$0Pt VII · Sec A
Co-Chair
$0Pt VII · Sec A
Co-Chair
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A

Lauren Latessa’s $74K as Executive Director is at the 69th percentile of top reported officer pay among 2216 $100K–1M 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 · 3 named individuals · Part VII

NameFY2025FY2023FY2022
Lauren Latessa$73,848$85,000$62,113
Joanna Owen—$64,750—
Jiyoung Oh—$42,500—

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 The Iris Music Project executive salaries →

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Questions the 990 asks

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

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Brings music and creative exchange to residential and healthcare communities.

Questions for The Iris Music Project

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Provided by the organization

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1 program · $543K · in their own filed words · FY2024
01

Iris music project reimagines residential and healthcare communities as spaces of creative exchange. Through collaboratively designed programming, iris music project provides opportunities for connection and purpose for residents, caregivers, and musicians.

$543Kprogram 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 · FY2025
Total grants receivedfrom 1 funder$10K

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$588K
Ln 12
Gifts and grantsLn 1h$399K
Fees for servicesLn 2g$181K
Investment incomeLn 3$5K
Money outPt IX
$555K
Ln 25
Programscol B$543K
Managementcol C$1K
Fundraisingcol D$10K
Owns and owesPt X
$233K
net assets · Ln 32
Cash and savingsLn 1–2$230K
Total assetsLn 16$233K
LiabilitiesLn 26$0
PeoplePt VI, VII
11
listed · VII A
PaidVII A0
Voting boardVI 1a8
IndependentVI 1b0
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$399K
Government grantsLn 1e$150K
Fees for servicesLn 2g$181K
Investment incomeLn 3$5K
Other incomeLn 4–11$4K
Total revenueLn 12$588K
Assets in detailPt X, end of year
CashLn 1$230K
Cash and savings togetherLn 1–2$230K
Other assetsLn 15$3K
Total assetsLn 16$233K
LiabilitiesLn 26$0
Net assetsLn 32$233K
OperationsPt I, VI
EmployeesI 54
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$141K$230K
Total assetsLn 16$144K$233K
LiabilitiesLn 26$0$0
Net assetsLn 32$144K$233K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Other salaries and wagesLn 7$298K$298K
Other employee benefitsLn 9$9K$9K
Payroll taxesLn 10$24K$24K
Accounting feesLn 11c$2K$853$1K
Professional fundraising feesLn 11e$10K$10K
Other fees for servicesLn 11g$2K$2K
Office expensesLn 13$4K$4K
TravelLn 17$2K$2K
InsuranceLn 23$9K$9K
Other expenses (24a–d)Ln 24$195K$195K
All other expensesLn 24e$562$562
Total functional expensesLn 25$555K$543K$1K$10K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $663K$684K−$20K$212K 990 PDF
FY2024 Viewing $588K$555K$34K$233K 990 PDF
FY2023 $462K$335K$127K$144K 990 PDF
FY2022 $261K$214K$47K$71K 990 PDF
FY2021 $188K$30K 990 PDF

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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 $588,378 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $291,365$398,596
I-9 Program service revenuePrior year $166,610$181,070
I-10 Investment incomePrior year $1,733$4,535
I-11 Other revenuePrior year $2,105$4,177
I-12 Total revenuePrior year $461,813$588,378
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $212,030$330,927
I-16a Professional fundraising feesPrior year $10,000$10,000
I-17 Other expensesPrior year $112,679$213,814
I-18 Total expensesPrior year $334,709$554,741
I-19 Revenue less expensesPrior year $127,104$33,637
Part VI · Governance 0 of 8 board members independent, 4 to look at
VI-1a Voting members of the governing body8
VI-1b Independent voting members0
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
VI-2 Family or business relationship among officers or directorsNo
Part VIII · Statement of revenue $588,378 across 8 lines filed
VIII-1e Government grants$149,841
VIII-1f All other contributions, gifts and grants$248,755
VIII-1h Total contributions, gifts and grants$398,596
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $181,070$181,070
VIII-3 Investment incomeRelated to mission $4,535$4,535
VIII-8 Net income from fundraising events$0
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $4,177$4,177
VIII-12 Total revenueRelated to mission $189,782 · Unrelated business $0 · Excluded from tax $0$588,378
Part IX · Statement of functional expenses $554,741 across 11 lines filed
IX-7 Other salaries and wagesPrograms $297,913$297,913
IX-9 Other employee benefitsPrograms $8,937$8,937
IX-10 Payroll taxesPrograms $24,077$24,077
IX-11c Accounting feesPrograms $853 · Management $1,339$2,192
IX-11e Professional fundraising feesFundraising $10,000$10,000
IX-11g Other fees for servicesPrograms $1,603$1,603
IX-13 Office expensesPrograms $3,930$3,930
IX-17 TravelPrograms $1,905$1,905
IX-23 InsurancePrograms $8,691$8,691
IX-24 Other expenses (24a–d)Programs $194,931$194,931
IX-24e All other expensesPrograms $562$562
IX-25 Total functional expensesPrograms $543,402 · Management $1,339 · Fundraising $10,000$554,741
Part X · Balance sheet $232,526 assets, 7 lines filed
X-1 Cash, non-interest-bearingStart of year $141,034$229,733
X-15 Other assetsStart of year $2,793$2,793
X-16 Total assetsStart of year $143,827$232,526
X-26 Total liabilitiesStart of year $0$0
X-27 Net assets without donor restrictionsStart of year $143,827$232,526
X-32 Total net assets or fund balancesStart of year $143,827$232,526
X-33 Total liabilities and net assetsStart of year $143,827$232,526
Part XI · Reconciliation of net assets $232,526 net assets at year end
XI-1 Total revenue$588,378
XI-2 Total expenses$554,741
XI-3 Revenue less expenses$33,637
XI-4 Net assets at start of year$143,827
XI-8 Prior period adjustments$57,800
XI-9 Other changes in net assets−$2,738
XI-10 Net assets at end of year$232,526

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

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