EIN 23-1472487

Reading Musical Foundation (RMF)

IRS 501(c) type
501(c)(3)
Num. employees
3
Year formed
1927
Most recent tax filings
2022-06-01
NTEE code, primary
Description
The mission of the Reading Musical Foundation is to promote and facilitate music education and appreciation in order to preserve and develop musical experience and culture within our Berks County Community.
Total revenues
$3,531,006
2022
Total expenses
$939,991
2022
Total assets
$17,638,151
2022
Num. employees
3
2022

Program areas at RMF

Student scholarships - the scholarship program provides financial assistance for committed berks county music students who audition on merit or demonstrate a financial need merit. Scholarships include the areas of piano, organ, woodwind, brass, percussion, string, harp, guitar, vocal, and awards for college tuition. Financial need scholarships include summer camp, private music study, and instrument upgrade requests.
Music outreach - music outreach programs share the Musical experience with members of the community who may not be able to pay for, or appreciate why it is worth paying for. Programs include operation replay (instrument recycling), music in the schools, after-school instructional programs, workshops, and master classes. Rmf devoted over 100 hours of after-school programming from september 2021- may 2022, as well as in-school instruction at area parochial schools.
Appropriations to music presenters and special projects grants are provided for cultural development to music presenting organizations that perform primarily in berks county. Funding support was provided to 28 Musical organizations, and program grants were awarded based upon the organization/program's ability to relate to the mission of the Reading Musical Foundation.

Grants made by RMF

GranteeGrant descriptionAmount
Reading Symphony Orchestra Association (RSO)Restricted Grant for Concert and Outreach Expenses$119,107
Olivet Boys' and Girls' Club of Reading and Berks County PaRestricted Grant for After School Music Programs$30,992
Reading Choral SocietyRestricted Grant for Concert and Outreach Expenses$17,750
...and 7 more grants made

Who funds Reading Musical Foundation (RMF)

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Gibbs Var CharGeneral Operating$180,000
Beyerle Marie LGeneral Operating$21,000
Pennsylvania Automotive Association Foundation (PAAF)General Support$10,000
...and 6 more grants received

Personnel at RMF

NameTitleCompensation
Keri M ShultzPresident / Executive Director$76,952
Paul OxholmVice Chair of Finance / Secretary / Trustee$0
Timothy SimmonsTreasurer / Trustee$0
Sandy KernAssistant Treasurer / Secretary$0
David L KlineAssitant Secretary / Assistant Secretary / Vice - Chair of Programs / Trustee$0
...and 7 more key personnel

Financials for RMF

RevenuesFYE 06/2022
Total grants, contributions, etc.$1,167,751
Program services$2,800
Investment income and dividends$761,877
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$1,596,236
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$2,342
Total revenues$3,531,006

Form 990s for RMF

Fiscal year endingDate received by IRSFormPDF link
2021-062022-03-18990View PDF
2020-062021-04-06990View PDF
2019-062020-12-11990View PDF
2018-062019-05-14990View PDF
2017-062018-06-14990View PDF
...and 7 more Form 990s

Organizations like RMF

OrganizationLocationRevenue
Rockport MusicRockport, MA$5,770,125
Jazz St LouisSaint Louis, MO$3,602,830
St Cecilia Music CenterGrand Rapids, MI$2,105,798
The Williamsburg Symphony OrchestraWilliamsburg, VA$1,022,675
Otis Redding FoundationMacon, GA$1,312,142
Herbie Hancock Institute of JazzWashington, DC$2,382,953
The CliburnFort Worth, TX$8,934,359
Shriver Hall Concert SeriesBaltimore, MD$889,393
Wheatland Music OrganizationRemus, MI$964,644
New Orleans AirliftNew Orleans, LA$1,093,077
Data update history
June 13, 2023
Posted financials
Added Form 990 for fiscal year 2021
May 23, 2023
Updated personnel
Identified 3 new personnel
May 11, 2023
Received grants
Identified 1 new grant, including a grant for $172,500 from Gibbs Var Char
July 22, 2022
Received grants
Identified 3 new grant, including a grant for $27,500 from The Wyomissing Foundation
October 3, 2021
Received grants
Identified 5 new grant, including a grant for $15,000 from Berks County Community Foundation
Nonprofit Types
Arts, culture, and humanities nonprofitsPerforming arts organizationsMusical groupsCharities
Issues
Arts, cultural, and humanities
Characteristics
Provides grantsState / local levelReceives government fundingEndowed supportTax deductible donations
General information
Address
PO Box 14835
Reading, PA 19612
Metro area
Reading, PA
County
Berks County, PA
Website URL
readingmusicalfoundation.org/ 
Phone
(610) 376-3395
Facebook page
ReadingMusicalFoundation 
Twitter profile
@rmf4music 
IRS details
EIN
23-1472487
Fiscal year end
June
Taxreturn type
Form 990
Year formed
1927
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
A68: Music
NAICS code, primary
711130: Musical Groups and Artists
Parent/child status
Independent
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