Friday Musicale Inc

Foundation · Grantmaker Jacksonville, FL EIN: 59-0766981

Friday Musicale Inc is a private foundation, based in Jacksonville, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.0M in total assets. In 2024, it made $181K in qualifying distributions. Net investment income was $38K.

Key facts about Friday Musicale Inc

EIN
59-0766981
Latest 990 filing
Form 990-PF, 2024
Total assets
$1,023,543

Data from IRS Form 990-PF, 2024; updated April 2026.

How Friday Musicale Inc gives

  • In 2024 it paid out 398% of its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

Next steps with Friday Musicale Inc

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.0M

-0.5% YoY

Revenue

$312K

+155.7% YoY

Qualifying Distributions

$181K

+76.9% YoY

Expenses

$354K

+52.7% YoY

Under IRS private-foundation payout rules, Friday Musicale Inc reported a distributable amount of $45K for 2024 — the minimum it must pay out in qualifying distributions.

About Friday Musicale Inc

Based on IRS filings

Friday Musicale Inc is a private foundation, based in Jacksonville, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.0M in total assets. In 2024, it made $181K in qualifying distributions. Net investment income was $38K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

States

Cities

JacksonvilleGainsville

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$112K$224K$336K$448K20202021202220232024
Metric202420232022
Total Assets$1,023,543$1,029,169$1,092,584
Revenue$312,162$122,081$291,839
Expenses$353,628$231,628$274,729
Qualifying Distributions$180,931$102,271$136,300
Net Investment Income$38,498—$115,255
Distributable Amount$45,495$45,062—

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

Giving Over Time

Total grant dollars and number of grants per year

$0$4K$7K$11K$15K5 grants20203 grants20210 grants20220 grants20230 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 0 recipients in 2024

Grant Size Distribution

8 grants across all recorded years

8<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for 2024.

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2020 IRS filing

Eric Becher — Director: $96KEric BecherDirector$96K

From 2024 IRS filing

NameTitleHoursCompensation
Daniel StarkDirector——
Rhonda CassanoDirector——
Michael LandrumDirector——
Cliff NewtonDirector——
William RoelkeDirector——
James HallDirector——

Frequently Asked Questions

How large is Friday Musicale Inc?

As of 2024, Friday Musicale Inc holds $1.0M in total assets with $312K in annual revenue.

Where does Friday Musicale Inc operate?

Friday Musicale Inc has awarded grants in Florida.

How much is Friday Musicale Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Friday Musicale Inc reported a distributable amount of $45K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Friday Musicale Inc's EIN?

Friday Musicale Inc's EIN (Employer Identification Number) is 59-0766981. IRS Form 990 filing data is available on this page for 2020–2024.

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Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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