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Palm Coast Music Festival Inc. is a private corporation based in PALM COAST, FL. The foundation received its IRS ruling in 2019. The principal officer is Garry Lubi. It holds total assets of $241K. Annual income is reported at $258K. Total assets have grown from $68K in 2019 to $236K in 2023. The foundation is governed by 3 officers and trustees. Music festival to provide entertainment and educate community about different genres of music and songwriting. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2019 to 2023. According to available records, Palm Coast Music Festival Inc. has made 4 grants totaling $14K, with a median grant of $4K. Annual giving has decreased from $13K in 2022 to $930 in 2023. Individual grants have ranged from $200 to $7K, with an average award of $3K. The foundation has supported 3 unique organizations. Grant recipients are concentrated in Florida. Contributions to this foundation are tax-deductible.
Music festival to provide entertainment and educate community about different genres of music and songwriting.
Expenses: $100K
Music festival to provide entertainment and educate community about different genres of music and songwriting. Based on available records, the foundation has funded 4 grants. Its grantmaking reaches organizations primarily in FL.
Palm Coast Music Festival Inc. has distributed a total of $14K across 4 grants. The median grant size is $4K, with an average of $3K. Individual grants have ranged from $200 to $7K.
Palm Coast Music Festival Inc. typically selects its grantees rather than accepting unsolicited proposals.
Palm Coast Music Festival Inc. is headquartered in PALM COAST, FL.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Garry Lubi | PRESIDENT | $0 | $0 | N/A |
| David Ayres | VICE PRESIDE | $0 | $0 | N/A |
| Barbara Lubi | TREASURER | $0 | $0 | N/A |
Total Giving
$188K
Total Assets
$236K
Fair Market Value
$236K
Net Worth
$236K
Grants Paid
$930
Contributions
$173K
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
4
Total Giving
$14K
Average Grant
$3K
Median Grant
$4K
Unique Recipients
3
Most Common Grant
$7K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Early Learning Coalition Of FlaglerEDUCATION | Daytona Beach, FL | $730 | 2023 |
| Grace Community Food PantryFOOD | Bunnell, FL | $200 | 2023 |
| Daytona State CollegeCOLLEGE | Daytona Beach, FL | $7K | 2022 |