Greater Akron Musical Association Founda

AKRON, OH EIN: 34-1635435

Arts and culture Performing arts Music Orchestral music

To operate the endowment fund and other special funds for the benefit of the Greater Akron Musical Association and to promote public appreciation of the arts.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$8.6M

+12.6% YoY

Annual Giving

$371K

+5.7% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$371K

+5.7% YoY

About Greater Akron Musical Association Founda

Based on IRS filings

Greater Akron Musical Association Founda is a nonprofit organization focused on Arts and culture, based in AKRON, OH. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $8.6M in total assets. In 2024, it awarded 1 grants totaling $371K. Net investment income was $656K.

Focus Areas

Arts and culture Performing arts Music Orchestral music

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Ohio $1.7M (100%)

States

Ohio

Cities

Akron

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$8,593,260	$7,628,487	$7,075,051
Revenue	$662,907	$812,858	$330,670
Expenses	$424,496	$407,345	$392,892
Qualifying Distributions	—	—	—
Net Investment Income	$655,907	$807,858	$325,718
Distributable Amount	—	—	—

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

Grant Size Distribution

5 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Greater Akron Musical Association ($370,500).

Recipient	Purpose	Amount
Greater Akron Musical Association Akron, OH	Operating Activities	$370,500

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
Thomas J Clark	President	3	—
Richard Harris	Secretary	1	—
Dave Scarponi	Treasurer	1	—
Michael Pasternak	Member	1	—
Donna Valentine	Member	1	—
Charles Peter MD	Member	1	—
Todd Rosenburg	Member	1	—
Bruce Fahey	Member	1	—
Tracey Dowe	Member	1	—
Paul Jarrett	GAMA Executive Director	1	—

Subject Areas

Focus areas based on grantmaking activity

Arts and culture Performing arts Music Orchestral music

Frequently Asked Questions

What is Greater Akron Musical Association Founda?

Greater Akron Musical Association Founda is a nonprofit organization focused on Arts and culture, based in AKRON, OH. It holds $8.6M in total assets as of 2024.

How large is Greater Akron Musical Association Founda?

As of 2024, Greater Akron Musical Association Founda holds $8.6M in total assets with $663K in annual revenue. It awarded 1 grants totaling $371K in 2024.

Where does Greater Akron Musical Association Founda operate?

Greater Akron Musical Association Founda has awarded grants in Ohio.

What size grants does Greater Akron Musical Association Founda award?

In 2024, Greater Akron Musical Association Founda awarded 1 grants totaling $371K — an average of about $371K per grant, based on its IRS Form 990 filings.

What is Greater Akron Musical Association Founda's EIN?

Greater Akron Musical Association Founda's EIN (Employer Identification Number) is 34-1635435. IRS Form 990 filing data is available on this page for 2020–2024.