The VM Music Company Inc

Public charity · Grantmaker Coppell, TX EIN: 84-3854279

The purpose for which the Corporation is organized is to educate the public and its members through the creation, promotion, and performance of all forms of vocal music and related art forms.

The VM Music Company Inc at a glance

In short: The VM Music Company Inc reported $182K in grants paid in 2024 (a total; its filing lists no individual grants). Source: 2024 IRS Form 990.

Grants paid (2024)
$181,771 — reported as a total on the IRS filing, without an itemized list
+159.1% vs 2023
Total assets
$714,906
+9.0% vs 2023
Revenue (2024)
$399,995
-12.6% vs 2023
Net investment income (2024)
$37,133
+129.7% vs 2023
Expenses (2024)
$343,074
+39.7% vs 2023
Latest 990 filing
Form 990, 2024 View filing

Data from IRS Form 990, 2024; updated September 2026.

Who The VM Music Company Inc funds

How this funder distributes its grants

Grant Size Distribution

7 grants across all recorded years

7<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 7 grants of 7 (100%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

2states

Cities

DallasAllenMcKinneySmyrnaFriendswoodPlano

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$50K$100K$150K$200K0 grants2021 Total only2022 7 grants2023 Total only2024

From 2022 to 2024, annual grant giving ranged from $4K (2022) to $182K (2024). In 2024 it reported $182K in grants paid, as a total without an itemized list.

Hatched bars: grants paid as reported on the IRS filing, which lists no individual grants for that year.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
A Soldiers Child Smyrna, TNSupport veteran's children$14,217
Folds of Honor Foundation Dallas, TXSupport children's education$14,217
2 grants to individuals Recipients not named —$24,217
All Community Outreach Allen, TXSupport victims of Allen TX tragedy$5,833
Communities Foundation of TX Dallas, TXSupport victims of Allen TX tragedy$5,833
Lifepath Systems McKinney, TXSupport victims of Allen TX tragedy$5,833
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsNet Investment Income
2024$714,906$399,995$343,074$181,771Total only$37,133
2023$656,082$457,466$245,519$70,1507$16,168
2022$443,333$510,842$84,334$4,000Total only$-123
2021$15,235$25,050$9,815———

"Total only": grants paid as reported on the IRS filing, which lists no individual grants for that year.

About The VM Music Company Inc

Based on IRS filings

The VM Music Company Inc is a public charity focused on Arts, Culture & Humanities, based in Coppell, TX. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $715K in total assets. In 2024, it reported $182K in grants paid as a total on its IRS filing, without an itemized list. Net investment income was $37K.

Leadership & Key People

Officers and directors from IRS filings

The VM Music Company Inc is led by Phil McShan, President on the 2024 filing; none of the 9 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Phil McShan

    President

    New on the 2024 filing

    5 hrs/week

    No compensation reported

  • J R Leath

    Director

    On filings since 2021

    1.5 hrs/week

    No compensation reported

  • Baxter Fullerton

    Director

    On filings since 2022

    1.5 hrs/week

    No compensation reported

  • Michele Fullerton

    Director

    On filings since 2022

    1.5 hrs/week

    No compensation reported

  • Robert Siebert

    Director

    Vice President → Director, 2023

    On filings since 2022

    1.5 hrs/week

    No compensation reported

  • Michael Thompson

    Secretary

    On filings since 2021

    1.5 hrs/week

    No compensation reported

  • Warren Nagumo

    Treasurer

    On filings since 2021

    5 hrs/week

    No compensation reported

  • Nick Alexander

    Vice President

    Vice President → Director, 2023

    Director → Vice President, 2024

    On filings since 2022

    5 hrs/week

    No compensation reported

  • Richard Strunk

    Vice President

    On filings since 2023

    5 hrs/week

    No compensation reported

Former officers (3)
  • Former: John Hubbard (2021–2023) — President
  • Former: Greg Clancy (2022–2023) — Director
  • Former: John LeBlanc (2023) — Director

Data from IRS Form 990 filings, 2021–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Frequently asked questions about The VM Music Company Inc

How much does The VM Music Company Inc give each year?

The VM Music Company Inc reported $182K in grants paid in 2024 on its 2024 IRS Form 990, as a total without an itemized list of grants. In 2023 it gave $70K across 7 grants.

How large is The VM Music Company Inc?

The VM Music Company Inc reported $715K in total assets on its 2024 IRS Form 990. Its revenue that year was $400K.

What is The VM Music Company Inc?

The VM Music Company Inc is a public charity focused on Arts, Culture & Humanities, based in Coppell, TX. It holds $715K in total assets as of 2024.

Where does The VM Music Company Inc operate?

The VM Music Company Inc has awarded grants in Tennessee, Texas.

What is The VM Music Company Inc's EIN?

The VM Music Company Inc's EIN (Employer Identification Number) is 84-3854279. IRS Form 990 filing data is available on this page for 2021–2024.

Data last updated September 2026. Sourced from IRS Form 990 filings.

Data update history

(3)

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990 for fiscal year 2022 (received by the IRS May 13, 2023)
  2. Updated Form 990 for fiscal year 2024 (received by the IRS May 14, 2025)
  3. IRS filings on file for fiscal years 2021–2024

Explore Open Grants

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Philanthropy, Voluntarism & Grantmaking

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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from The VM Music Company Inc's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

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