2023-12-26T14:14:02-07:00 2023-08-31 990 2022-09-01 260275756 I LOVE MUSIC TOUR INC ILOV 9044384568 2087 Matefield Road Jacksonville FL 32225 Michael Butler Executive Director 9049628325 2023-12-26 1 1 11 0 AAL2 2022 2023-04-26 12:10:37Z Michael Butler 2087 Matefield Road Jacksonville FL 32225 570637 0 X www.ilovemusictour.com X 2007 FL The I Love Music Tour Foundation is dedicated to advancing the positive impact and significance of music education within our schools. Our mission is to collaborate with national sponsors, donors, and volunteers to empower students by creating and enhancing resources and educational platforms for schools nationwide. Through our efforts, we aim to foster a supportive environment that encourages the exploration and appreciation of music, enriching the educational experience for students across the country. 4 4 2 4 0 0 657 30271 604204 540304 81 62 0 0 604942 570637 1000 0 0 0 288401 337322 0 0 0 345921 356923 635322 694245 -30380 -123608 -30381 -123610 0 0 -30381 -123610 The I Love Music Tour Foundation is dedicated to advancing the positive impact and significance of music education within our schools. Our mission is to collaborate with national sponsors, donors, and volunteers to empower students by creating and enhancing resources and educational platforms for schools nationwide. Through our efforts, we aim to foster a supportive environment that encourages the exploration and appreciation of music, enriching the educational experience for students across the country. 0 0 694245 570636 The organization continued to give artist development and dance at the Rhythm Factory. provided student volunteer opportunities during Rhythm Factory events. We also were able to hope Sandalwood school, First Coast High school and Terry Parker High school with a development plan to become self reliant. We hosted a major concert with Frankie Beverly and Maze that allowed us to contribute to 2 high school music programs. We also was continued to service the Greenwood school with a drum line program. 0 0 0 694245 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 2 1 0 0 0 0 1 1 0 0 0 X 4 4 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 1 0 0 0 FL X Michael Butler 9049628325 2087 Matefield Road Jacksonville FL 32225 Lola Argalas member at large 10 0 X 0 0 0 Michael Butler Executive Director 40 0 X 0 0 0 William Cottam Vice President 10 0 X 0 0 0 Sam Clark Vice President 10 0 X 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 30271 0 30271 I Love Music Tour 711310 540304 540304 0 0 0 0 0 0 540304 62 62 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 570637 540366 0 0 X 316395 316395 0 0 20927 20927 0 0 634 634 0 0 5914 5914 0 0 148883 148883 0 0 5870 5870 0 0 20759 20759 0 0 1759 1759 0 0 84678 84678 0 0 2852 2852 0 0 1167 1167 0 0 Decor items and props 75183 75183 0 0 SBA Loan 7638 7638 0 0 Artist Development Expense 1586 1586 0 0 694245 694245 0 0 -30381 -123610 -30381 -123610 0 0 X -30381 -123610 0 0 -30381 -123610 -30381 -123610 -123608 30379 0 0 0 0 X 0 0 0 X 11266 13317 10204 10653 30271 75711 0 0 0 0 0 0 11266 13317 10204 10653 30271 75711 75711 0 0 0 0 0 0 0 0 0 75711 1 1 X 11266 13317 10204 10653 30271 75711 331340 385147 438033 593550 539949 2288019 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 342606 398464 448237 604203 570220 2363730 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 2363730 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 342606 398464 448237 604203 570220 2363730 1 1 0 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED Form 990, Part VI, Section B, Line 11b Basic Information: Ensure that all basic information about the organization is accurate and up-to-date, including name, address, EIN (Employer Identification Number), and other contact details. Financial Statements: Review the financial statements, including the balance sheet, income statement, and cash flow statement. Verify that the numbers are accurate and consistent with your organization's financial records. Program Service Accomplishments: Confirm that the narrative descriptions of the organization's mission and program service accomplishments are clear, accurate, and comprehensive. Governing Body and Management: Check that the information about the organization's governing body, officers, and key employees is current and complete. Compensation: Review the compensation section to ensure that the salaries and benefits of officers, directors, and key employees are accurately reported. Conflict of Interest Policy: Verify that the organization has a documented conflict of interest policy in place, and the form includes the required disclosures. Fundraising: Check the section on fundraising activities to ensure that all relevant information is disclosed, especially if fundraising events were held during the tax year. Financial Transactions with Interested Persons: Confirm that any financial transactions with interested persons are properly disclosed. Schedule O: Review Schedule O for any additional explanations or information. It provides an opportunity to elaborate on various parts of Form 990. Review for Accuracy and Consistency: Conduct a comprehensive review of the entire form to identify any inconsistencies or errors. Ensure that the information provided aligns with the organization's records and activities throughout the tax year. Retain Supporting Documents: Keep copies of supporting documents and records that substantiate the information reported on the Form 990. Once you've completed this checklist, we are ready to submit an accurate and complete Form. Form 990, Part VI, Section B, Line 12c Ensure that our conflict of interest policy is well-defined, comprehensive, and clearly communicated to all stakeholders, including board members, staff, volunteers, and any other relevant parties. Request all board members, staff, and key volunteers to submit written disclosure statements detailing any potential conflicts of interest they may have. These statements should include financial interests, relationships, or any other situations that could compromise the individual's ability to act in the best interests of the organization. Clearly outline the consequences for failing to disclose conflicts of interest or for acting against the organization's policy. Consequences may range from a simple reprimand to removal from the board or other leadership positions. Stay informed about relevant laws and regulations governing conflicts of interest in the nonprofit sector. Ensure that your organization's policy aligns with legal requirements. Form 990, Part VI, Section C, Line 19 Ensure that your conflict of interest policy is well-defined, comprehensive, and clearly communicated to all stakeholders, including board members, staff, volunteers, and any other relevant parties. Provide training sessions or orientation programs to educate individuals about the policy and its implications. Clearly outline the consequences for failing to disclose conflicts of interest or for acting against the organization's policy. Consequences may range from a simple reprimand to removal from the board or other leadership positions. Stay informed about relevant laws and regulations governing conflicts of interest in the nonprofit sector. Ensure that your organization's policy aligns with legal requirements. By implementing and consistently following these measures, we create a culture of ethical behavior and compliance within your nonprofit organization. Regular communication, education, and transparency are key elements in successfully monitoring and enforcing compliance with conflict of interest policies. These can be found on our website Form 990, Part IX, Line 11g Artist fees, Equipment lease and Repairs and maintenance of the building