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.

Ready to take the next step with Musical Fund Society of Philadelphia?

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

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

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

What could you do with Musical Fund Society of Philadelphia on Grantable?

  • Assess strategic fit with your organization
  • Draft a tailored letter of inquiry
  • Find open RFPs from this funder
  • Monitor for new funding opportunities