Alia Musica Pittsburgh

“Description;Amount^Equipment rental and purchase;447|Performance licenses and music rental;1168|Banking and accounting fees;62|Office expenses and supplies;120|Advertising and promotion;205|Production costs;36|Insurance;675^Total;2713^”

“The organization manages funds for "Afro Yaqui Music Collective" (see details below). At the beginning of the year, the organization held AYMC's funds for $1,534 (as a liability); at the end of the year, the total is $9,117. This is a negative change in the net assets for ($7,583).”

“The organization has an agreement with local music group "Afro Yaqui Music Collective" to function as their Fiscal Sponsor. In that capacity, the organization a) receives funds from donations, grants, and ticket sales in their name, and b) issues payments in their name as requested. The organization retains 5% of the funds received, as fiscal sponsorship fee. At the beginning of 2021, the organization held Afro Yaqui's funds for $1,534. During the year it received further funds for $22,938 and issued payments for $14,208. After charging a fee of $1,150, the total funds owed to Afro Yaqui at the end of the year amount to $9,130.”