Musical Fund Society of Philadelphia logo

Musical Fund Society of Philadelphia

PHILADELPHIA, PA EIN: 23-0901643 Website

FOUNDED FOR "THE CULTIVATION OF SKILL & DIFFUSION OF TASTE IN MUSIC," MFS INVESTS IN THE CULTURAL LIFE & MUSICAL LEGACY OF THE PHILA REGION BY SUPPORTING LOCAL MUSIC INSTITUTIONS, ADVANCING THE CAREERS OF EXCEPTIONAL YOUNG ARTISTS & BUILDING COMMUNITY AROUND CLASSICAL MUSIC.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$3.7M

+10.5% YoY

Annual Giving

$54K

+158.6% YoY

Grant Count

5

+25.0% YoY

Avg Grant Size

$11K

+106.9% YoY

About Musical Fund Society of Philadelphia

Based on IRS filings

Musical Fund Society of Philadelphia is a nonprofit organization, based in PHILADELPHIA, PA. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $3.7M in total assets. In 2024, it awarded 5 grants totaling $54K. Net investment income was $171K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

States

Cities

PhiladelphiaWallingford

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$204K$408K$613K$817K2021202220232024
Metric202420232022
Total Assets$3,733,552$3,378,506$3,530,219
Revenue$187,509$90,144$370,625
Expenses$161,469$140,400$235,671
Qualifying Distributions
Net Investment Income$170,839$75,174$361,270
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$30K$60K$90K$121K12 grants20215 grants20224 grants20235 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 5 recipients in 2024

Philadelphia Chamber Mus…$30KPRISM Quartet Inc$6KArs Nova$6KNueva Esperanza$6KINTER CULTURAL JOURNEYS$6K

Grant Size Distribution

26 grants across all recorded years

26<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Open Grants

4 open opportunities from Musical Fund Society of Philadelphia

Show all 4 →

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Philadelphia Chamber Music Society ($30,000), PRISM Quartet Inc ($6,000), Ars Nova ($6,000).

No grants recorded for .

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
Robert BlacksbergPresident8
Lisa MillerVice President6
Nancy DryeTreasurer4
David WebberSecretary4
Paul BryanBoard Member1
Catherine CahillBoard Member1
Joan KimballBoard Member1
Carly Rapaport-SteinBoard Member1
Adrian Rosasboard Member1
William Rhoadsboard Member1
Chelsea SteinbergBoard Member1
Liza VickBoard Member1
Erin BuschBoard Member1
Miriam Suzzette OrtizBoard Member1

Frequently Asked Questions

How large is Musical Fund Society of Philadelphia?

As of 2024, Musical Fund Society of Philadelphia holds $3.7M in total assets with $188K in annual revenue. It awarded 5 grants totaling $54K in 2024.

Where does Musical Fund Society of Philadelphia operate?

Musical Fund Society of Philadelphia has awarded grants in Pennsylvania.

What size grants does Musical Fund Society of Philadelphia award?

In 2024, Musical Fund Society of Philadelphia awarded 5 grants totaling $54K — an average of about $11K per grant, based on its IRS Form 990 filings.

What is Musical Fund Society of Philadelphia's EIN?

Musical Fund Society of Philadelphia's EIN (Employer Identification Number) is 23-0901643. IRS Form 990 filing data is available on this page for 2021–2024.

Explore Open Grants

Browse active grant opportunities in Musical Fund Society of Philadelphia's focus areas in our free grants database

Related Funders

Similar funders by location and focus area

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

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