Kentucky · Nonprofit
MONARCH MUSIC & ARTS COMMUNITY
MONARCH MUSIC & ARTS COMMUNITY (Kentucky) receives grants from 5 organizations whose IRS filings report $59,059 to it, the largest being MIGHTYCAUSE CHARITABLE FOUNDATION ($21,814). 0 of them have funded it in more than one year.
- Revenue FY2024
- $223k
- Funders on record
- 5
- Grants received
- $59k
- Net assets
- $54k
What Monarch Music & Arts Community does
Mission
The Monarch Music & Arts Community is a co-working space that serves as a communal hub for the creation, education, collaboration, performance, and advancement of original music and art in Louisville, KY. The organization's mission is to encourage, promote, and support local artists while promoting music and art appreciation and education in our community. The organization's goal is to unite, inspire, and uplift local artists, and our entire community, as we cultivate new creative connections beyond our city.
As stated on its FY2024 Form 990.
Programs
Music and arts community hub and resource center: The organization operates and maintains a 3,000 sqft facility (leased) dedicated to the creation, education, collaboration, performance and furtherance of original music and art. The facility provides: Writing, rehearsal, and performance space for artists of all skill levels. Workshops, community events and educational programming to artists of all skill levels and the public at large. Professional grade tools, resources and platforms for local and touring artists to connect, collaborate and perform. Shared equipment/resource libraries to empower artists of all backgrounds to thrive and succeed in their artistic endeavors. BYO communal space for work, play, learning, advancement and fellowship in music and arts. In 2024 alone, the facility hosted intimate performances by 711 local artists, 98 regional and national touring artists. In June 2023, co-working memberships were launched to the public. At the end of 2024, the facility was home to 228 active members.
$62,311 spent$67,890 earned by the program39% of program spendingCommunity events, free and donation based: The organization organizes and hosts a variety of public events and performances that showcase local/regional/national talent, celebrate artistic diversity, and provide platforms for artists to share their work at our physical location. These events include concerts and performances, educational workshops, art exhibitions, and collaborative projects that engage both local and touring artists, and the community at large. In 2024, the organization hosted 117 free and donation-based community concerts open to the general public, and 21 special ticketed events, with an estimated total of over 4,500 attendees.
$67,039 spent$17,064 earned by the program42% of program spendingEducational programming and arts appreciation: The organization provides educational programming and workshops designed to nurture artistic talent, provide skills training, and promote artistic expression among individuals of all ages and backgrounds. Examples of programming provided in 2024 includes: monthly genre jams and round table discussions, monthly mental health wellness learning series for artists and community, free guitar workshop series, songwriter's rounds and performance series, free outdoor art exhibits featuring local painters/sculptors/musicians.
$29,557 spent$8,313 earned by the program19% of program spendingOther program services, not described on the e-filed return.
$0 spent0% of program spending
The 4 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $158,907.
The organization over time
Each line starts at 100 in 2023, so what you read is the shape rather than the size: 150 means half as much again as 2023, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2023 to 2024, from $34k to $54k (+58%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
58% of MONARCH MUSIC & ARTS COMMUNITY’s revenue is contributions — about as donation-reliant as the typical peer (64% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 0 of the last 2 reported years ran a deficit.
reserve
Who funds it, year by year
Grant support over time, funder by funder — shade shows the grant size each year.
3 of 5 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 46% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
From the IRS filings of MONARCH MUSIC & ARTS COMMUNITY’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
MONARCH MUSIC & ARTS COMMUNITY leans on a few funders — its largest provides 37% of grant income and the top three 75%; half comes from just 2 funders.
the vertical line marks half of all grant income — 2 funders to its left
83% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund MONARCH MUSIC & ARTS COMMUNITY.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Where its funders are
MONARCH MUSIC & ARTS COMMUNITY draws 69% of its grant income from funders outside Kentucky, across 2 states in all.
Funder states come from each funder’s own filing. $27k arriving through sponsors registered in 2 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Against its field
MONARCH MUSIC & ARTS COMMUNITY has grown faster than three-quarters of the 17,936 arts & culture nonprofits its size.
this organization peer median middle 50% of peers· 17,936 arts & culture nonprofits $100k–$1M, FY2024
Organizations like MONARCH MUSIC & ARTS COMMUNITY
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In Kentucky
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
78% of spending goes to programs.
Governance
Footprint & structure
Files a return copy in 1 state
Screen this organization
A dated, signed PDF of the compliance screen for MONARCH MUSIC & ARTS COMMUNITY: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds MONARCH MUSIC & ARTS COMMUNITY?
- MONARCH MUSIC & ARTS COMMUNITY (Kentucky) receives grants from 5 organizations whose IRS filings report $59,059 to it, the largest being MIGHTYCAUSE CHARITABLE FOUNDATION ($21,814). 0 of them have funded it in more than one year.
- How many funders does MONARCH MUSIC & ARTS COMMUNITY have?
- IRS filings report 5 organizations giving $59,059 in grants to MONARCH MUSIC & ARTS COMMUNITY.
- Who is the largest funder of MONARCH MUSIC & ARTS COMMUNITY?
- MIGHTYCAUSE CHARITABLE FOUNDATION is the largest funder on record, with $21,814 in grants. The full list of funders is on this page.
- How can an organization like MONARCH MUSIC & ARTS COMMUNITY find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Kentucky. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2023–2024), and the filings of 5 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing