Musical Fund Society of Philadelphia
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
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| 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
Grant Insights
How this funder distributes its grants
Top Recipients
Top 5 recipients in 2024
Grant Size Distribution
26 grants across all recorded years
Open Grants
4 open opportunities from Musical Fund Society of Philadelphia
Career Advancement Award
MUSICAL FUND SOCIETY OF PHILADELPHIA
Amount
Varies
Deadline
Rolling / Open
Institutional Grants
MUSICAL FUND SOCIETY OF PHILADELPHIA
Amount
$2,000 - $6,000
Deadline
September 30, 2026
Lifetime Achievement Award
MUSICAL FUND SOCIETY OF PHILADELPHIA
Amount
Varies
Deadline
Rolling / Open
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).
| Recipient | Purpose | Amount |
|---|---|---|
| PRISM Quartet Inc Philadelphia, PA | Commissions and performances of 5 new works. | $6,000 |
| Ars Nova Philadelphia, PA | Support for performances of new music. | $6,000 |
| Nueva Esperanza PHILADELPHIA, PA | Commission and performance of new work by Gilda Lyons | $6,000 |
| INTER CULTURAL JOURNEYS Philadelphia, PA | Commission and performance of new work for 4 pianos | $6,000 |
| Philadelphia Chamber Music Society Philadelphia, PA | Support for community concert series | $30,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Robert Blacksberg | President | 8 | — |
| Lisa Miller | Vice President | 6 | — |
| Nancy Drye | Treasurer | 4 | — |
| David Webber | Secretary | 4 | — |
| Paul Bryan | Board Member | 1 | — |
| Catherine Cahill | Board Member | 1 | — |
| Joan Kimball | Board Member | 1 | — |
| Carly Rapaport-Stein | Board Member | 1 | — |
| Adrian Rosas | board Member | 1 | — |
| William Rhoads | board Member | 1 | — |
| Chelsea Steinberg | Board Member | 1 | — |
| Liza Vick | Board Member | 1 | — |
| Erin Busch | Board Member | 1 | — |
| Miriam Suzzette Ortiz | Board Member | 1 | — |
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
Similar Funders
Funders that support many of the same organizations
The Presser Foundation
PHILADELPHIA, PA
Assets
$89.3M
Grants
486
Total Given
$3.8M
The William Penn Foundation
PHILADELPHIA, PA
Assets
$3.4B
Grants
1,027
Total Given
$148.8M
The Philadelphia Cultural Fund Inc
PHILADELPHIA, PA
Assets
$1.1M
Grants
236
Total Given
$1.1M
The University of the Arts
PHILADELPHIA, PA
Assets
$189.3M
Grants
65
Total Given
$9.5M
Vanguard Charitable Endowment Program
SOUTHEASTERN, PA
Assets
$22.2B
Grants
24,269
Total Given
$3.0B
New Music Usa Inc
NEW YORK, NY
Assets
$19.7M
Grants
83
Total Given
$624K
National Philanthropic Trust
JENKINTOWN, PA
Assets
$42.2B
Grants
18,583
Total Given
$5.1B
The Amphion Foundation Inc
NEW YORK, NY
Assets
$12.9M
Grants
205
Total Given
$789K
The Aaron Copland Fund for Music Inc
NEW YORK, NY
Assets
$18.3M
Grants
231
Total Given
$1.4M
Connelly Foundation
WEST CONSHOHOCKEN, PA
Assets
$362.1M
Grants
305
Total Given
$15.4M
Borowsky Family Foundation
CONSHOHOCKEN, PA
Assets
$3.4M
Grants
9
Total Given
$191K
Bristol-myers Squibb Foundation Inc
PRINCETON, NJ
Assets
$83.3M
Grants
144
Total Given
$67.7M
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