Civic Intelligence

Give a Note Foundation Inc

EIN 35-2379473 • 501(c)3 • Carmel, IN

Profile

To engage and empower educators, inspire students, and expand the reach and impact of music education.

4000 West 106th StreetCarmel, IN 46032

giveanote.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

75th percentile

0.05x

Higher debt load relative to assets than 75% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

72nd percentile

0.02x

Higher debt load relative to revenue than 72% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2022

Net Margin

39th percentile

-2.8%

Higher net margin than 39% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2022

Top Officer Pay

95th percentile

$32,212

Higher top officer pay than 95% of similar nonprofits.

Top officer pay equals 19.8% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2022

Asset Growth

24th percentile

-32%

Faster asset growth than 24% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

33rd percentile

-19%

Faster revenue growth than 33% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Assets

Down

$204,391

Down $11,591 (-5.4%) from 2024

Liabilities

Up

$21,539

Up $10,186 (+90%) from 2024

Net Assets

Down

$182,852

Down $21,777 (-11%) from 2024

Revenue

Down

$326,154

Down $175,023 (-35%) from 2024

Expenses

Up

$347,931

Up $41,687 (+14%) from 2024

Net Income

Down

-$21,777

Down $216,710 (-111%) from 2024

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$400K$300K$200K$100K$0Assets 2014: $165,156Liabilities 2014: $0Net Assets 2014: $165,1562014Assets 2015: $194,587Liabilities 2015: $0Net Assets 2015: $194,5872015Assets 2016: $362,467Liabilities 2016: $57,055Net Assets 2016: $305,4122016Assets 2017: $236,215Liabilities 2017: $11,837Net Assets 2017: $224,3782017Assets 2018: $300,008Liabilities 2018: $56,311Net Assets 2018: $243,6972018Assets 2019: $237,068Liabilities 2019: $78,085Net Assets 2019: $158,9832019Assets 2020: $96,969Liabilities 2020: $19,536Net Assets 2020: $77,4332020Assets 2021: $80,810Liabilities 2021: $23,809Net Assets 2021: $57,0012021Assets 2022: $55,353Liabilities 2022: $2,911Net Assets 2022: $52,4422022Assets 2023: $10,507Liabilities 2023: $811Net Assets 2023: $9,6962023Assets 2024: $215,982Liabilities 2024: $11,353Net Assets 2024: $204,6292024Assets 2025: $204,391Liabilities 2025: $21,539Net Assets 2025: $182,8522025

Highlighted filing

2025

Assets$204,391
Liabilities$21,539
Net Assets$182,852

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$600K$400K$200K$0-$200KRevenue 2014: $209,834Expenses 2014: $207,853Net Income 2014: $1,9812014Revenue 2015: $227,594Expenses 2015: $201,152Net Income 2015: $26,4422015Revenue 2016: $255,566Expenses 2016: $147,458Net Income 2016: $108,1082016Revenue 2017: $125,650Expenses 2017: $186,035Net Income 2017: -$60,3852017Revenue 2018: $72,554Expenses 2018: $53,235Net Income 2018: $19,3192018Revenue 2019: $87,451Expenses 2019: $172,165Net Income 2019: -$84,7142019Revenue 2020: $171,831Expenses 2020: $253,381Net Income 2020: -$81,5502020Revenue 2021: $199,883Expenses 2021: $220,315Net Income 2021: -$20,4322021Revenue 2022: $162,883Expenses 2022: $167,442Net Income 2022: -$4,5592022Revenue 2023: $126,749Expenses 2023: $169,495Net Income 2023: -$42,7462023Revenue 2024: $501,177Expenses 2024: $306,244Net Income 2024: $194,9332024Revenue 2025: $326,154Expenses 2025: $347,931Net Income 2025: -$21,7772025

Highlighted filing

2025

Revenue$326,154
Expenses$347,931
Net Income-$21,777

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2024 to Jun 30, 2025
Signed
Feb 18, 2026
Return Version
2024v5.5
Gross Receipts
$326,154
Mission and Program Overview

Mission

Give a note foundation's mission is to nurture, grow and strengthen music education opportunities - every student, every school, every community.

Engage and empower educators, inspire students, & expand the reach and impact of music education.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$58,644$153,349▲ $94,705
Savings and Temporary Cash Investments$150,574$45,971▼ $104,603
Accounts Receivable$6,000--
Intangible Assets$0$4,275▲ $4,275
Prepaid Expenses and Deferred Charges$764$796▲ $32
Total Assets$215,982$204,391▼ $11,591
Liabilities
Accounts Payable and Accrued Expenses$11,353$21,539▲ $10,186
Total Liabilities$11,353$21,539▲ $10,186
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$204,629$182,852▼ $21,777
Total Net Assets Fund Balance$204,629$182,852▼ $21,777
Total Liabilities and Net Assets / Fund Balance$215,982$204,391▼ $11,591
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Michael Dendy JarrettCEOFT$132,423$132,423
Beth SlusherCOO, Board SecretaryFT$31,750$31,750

Board Members and Trustees

NameTitle
Matt DufourBoard Chair/president
Marc BulandrFundraising Chair(05-01-2025)
Ed JamesPast Board Chair/president
Dr Morgan BryantVice Chair
Chris BarbourDirector
Colin RushingDirector
Dan KrawczykDirector
Eric HoltDirector
F Reid ShippenDirector
Ross CoppermanDirector
Stacey SwansonTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$325,756
Program Service Revenue
$0
Investment Income
$398
Other Revenue
$0
All Other Contributions
$325,756
Change in Net Assets
$-21,777

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Other Non Cash Contri Table7$17,271Fair Market Value (FMV)
Total Noncash Contributions7$17,271-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$225,222
Total Fundraising Expense$140,526
Other Expenses$70,484
Grants and Similar Amounts Paid$52,225
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$62,661$31,443$70,069$164,173
Grants to Domestic Orgs$52,225--$52,225
Fees for Services Other$2,630$4,354$21,265$28,249
Other Salaries and Wages$10,634$5,336$11,891$27,861
Fees for Services Accounting$1,763$2,919$14,256$18,938
Other Employee Benefits-$18,540-$18,540
Payroll Taxes$5,591$2,805$6,252$14,648
Advertising$450-$4,865$5,315
Travel$805$88$3,050$3,943
Insurance$726$726$726$2,178
Depreciation Depletion--$475$475
Other Expenses$82$9$309$400
All Other Expenses$99$102$142$343
Office Expenses$98$187-$285
Total Functional Expenses$139,881$67,524$140,526$347,931
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Woodburn High SchoolWoodburn, OR501(c)(3)Purchase New Equipment for New Music Tech Program$19,895
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

The return is reviewed by the board before it is sent in for filing.

Form 990, Part VI, Section B, Line 12C

Board members and committee chairs shall complete and submit a conflict of interest disclosure form at each annual board meeting or at any time when a conflict arises. Full disclosure in itself does not remove a conflict of interest. On disclosure of a conflict, the presiding officer has to right to ask a member with a conflict to recuse him/herself from voting, participating in discussion, or being present in the meeting. This right extends up to and including asking for the member's resignation from the board.

Form 990, Part VI, Section B, Line 15A

The board oversees the hiring, evaluation, and compensation of the chief executive officer (ceo); and works to develop a succession plan for the ceo.

Form 990, Part VI, Section C, Line 19

All governing documents, policies and financial statements are made available upon request.

Filing and Contact Details

Filer

Filer Name
Give a Note Foundation Inc
EIN
35-2379473
Phone
3179340482
Address
4000 WEST 106TH STREET, CARMEL, IN 46032

Signing Officer

Name
Beth Slusher
Title
COO
Phone
3179340482
Signed
2026-02-18
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Beth Slusher
Formed
2009
Legal Domicile
In
Voting Board Members
11
Independent Board Members
10
Employees
2
Volunteers
10

Preparer

Firm
Barnes Dennig & Co Ltd
Address
5342 W VERMONT ST, INDIANAPOLIS, IN 46224
Preparer
John W Keller CPA
Phone
3172412999
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IRS990/OtherExpensesGrp/ManagementAndGeneralAmt39
IRS990/OtherExpensesGrp/ProgramServicesAmt01819
IRS990/OtherExpensesGrp/ProgramServicesAmt1298
IRS990/OtherExpensesGrp/ProgramServicesAmt282
IRS990/OtherExpensesGrp/TotalAmt08912
IRS990/OtherExpensesGrp/TotalAmt1784
IRS990/OtherExpensesGrp/TotalAmt2662
IRS990/OtherExpensesGrp/TotalAmt3400
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt011891
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt05336
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt010634
IRS990/OtherSalariesAndWagesGrp/TotalAmt027861
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt06252
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt02805
IRS990/PayrollTaxesGrp/ProgramServicesAmt05591
IRS990/PayrollTaxesGrp/TotalAmt014648
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0764
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0796
IRS990/PrincipalOfficerNm0BETH SLUSHER
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0499458
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt020122
IRS990/PYInvestmentIncomeAmt01719
IRS990/PYOtherExpensesAmt0191359
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0194933
IRS990/PYSalariesCompEmpBnftPaidAmt094763
IRS990/PYTotalExpensesAmt0306244
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0501177
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-21777
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0150574
IRS990/SavingsAndTempCashInvstGrp/EOYAmt045971
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0325756
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0499548
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0126992
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0157931
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0199883
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01310110
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0398
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt01719
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt026
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt014
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt02157
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt05051
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.56880
IRS990ScheduleA/PublicSupportPY170Pct00.59610
IRS990ScheduleA/PublicSupportTotal170Amt0746364
IRS990ScheduleA/SubstantialContributorsTotAmt0563746
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0325756
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0499548
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0126992
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0157931
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0199883
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01310110
IRS990ScheduleA/TotalSupportAmt01312267
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleI/GrantRecordsMaintainedInd00
IRS990ScheduleI/RecipientTable/CashGrantAmt019895
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(C)(3)
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt00
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0PURCHASE NEW EQUIPMENT FOR NEW MUSIC TECH PROGRAM
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0WOODBURN HIGH SCHOOL
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt01785 N FRONT STREET
IRS990ScheduleI/RecipientTable/USAddress/CityNm0WOODBURN
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0OR
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd097071
IRS990ScheduleI/Total501c3OrgCnt01
IRS990/ScheduleJRequiredInd00
IRS990ScheduleM/AnyPropertyThatMustBeHeldInd00
IRS990ScheduleM/OtherNonCashContriTableGrp/ContributionCnt07
IRS990ScheduleM/OtherNonCashContriTableGrp/Desc0MUSIC INSTRUMENTS AND EQUIPMENT
IRS990ScheduleM/OtherNonCashContriTableGrp/MethodOfDeterminingRevenuesTxt0FMV
IRS990ScheduleM/OtherNonCashContriTableGrp/NonCashCheckboxInd0X
IRS990ScheduleM/OtherNonCashContriTableGrp/NoncashContributionsRptF990Amt017271
IRS990ScheduleM/ReviewProcessUnusualNCGiftsInd00
IRS990ScheduleM/ThirdPartiesUsedInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE RETURN IS REVIEWED BY THE BOARD BEFORE IT IS SENT IN FOR FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1BOARD MEMBERS AND COMMITTEE CHAIRS SHALL COMPLETE AND SUBMIT A CONFLICT OF INTEREST DISCLOSURE FORM AT EACH ANNUAL BOARD MEETING OR AT ANY TIME WHEN A CONFLICT ARISES. FULL DISCLOSURE IN ITSELF DOES NOT REMOVE A CONFLICT OF INTEREST. ON DISCLOSURE OF A CONFLICT, THE PRESIDING OFFICER HAS TO RIGHT TO ASK A MEMBER WITH A CONFLICT TO RECUSE HIM/HERSELF FROM VOTING, PARTICIPATING IN DISCUSSION, OR BEING PRESENT IN THE MEETING. THIS RIGHT EXTENDS UP TO AND INCLUDING ASKING FOR THE MEMBER'S RESIGNATION FROM THE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BOARD OVERSEES THE HIRING, EVALUATION, AND COMPENSATION OF THE CHIEF EXECUTIVE OFFICER (CEO); AND WORKS TO DEVELOP A SUCCESSION PLAN FOR THE CEO.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ALL GOVERNING DOCUMENTS, POLICIES AND FINANCIAL STATEMENTS ARE MADE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0IN
IRS990/StatesWhereCopyOfReturnIsFldCd1AL
IRS990/StatesWhereCopyOfReturnIsFldCd2AK
IRS990/StatesWhereCopyOfReturnIsFldCd3AZ
IRS990/StatesWhereCopyOfReturnIsFldCd4AR
IRS990/StatesWhereCopyOfReturnIsFldCd5CA
IRS990/StatesWhereCopyOfReturnIsFldCd6CO
IRS990/StatesWhereCopyOfReturnIsFldCd7CT
IRS990/StatesWhereCopyOfReturnIsFldCd8DE
IRS990/StatesWhereCopyOfReturnIsFldCd9DC
IRS990/StatesWhereCopyOfReturnIsFldCd10FL
IRS990/StatesWhereCopyOfReturnIsFldCd11GA
IRS990/StatesWhereCopyOfReturnIsFldCd12HI
IRS990/StatesWhereCopyOfReturnIsFldCd13ID
IRS990/StatesWhereCopyOfReturnIsFldCd14IL
IRS990/StatesWhereCopyOfReturnIsFldCd15IA
IRS990/StatesWhereCopyOfReturnIsFldCd16KS
IRS990/StatesWhereCopyOfReturnIsFldCd17KY
IRS990/StatesWhereCopyOfReturnIsFldCd18LA
IRS990/StatesWhereCopyOfReturnIsFldCd19ME
IRS990/StatesWhereCopyOfReturnIsFldCd20MD
IRS990/StatesWhereCopyOfReturnIsFldCd21MA
IRS990/StatesWhereCopyOfReturnIsFldCd22MI
IRS990/StatesWhereCopyOfReturnIsFldCd23MN
IRS990/StatesWhereCopyOfReturnIsFldCd24MO
IRS990/StatesWhereCopyOfReturnIsFldCd25MS
IRS990/StatesWhereCopyOfReturnIsFldCd26MT
IRS990/StatesWhereCopyOfReturnIsFldCd27NE
IRS990/StatesWhereCopyOfReturnIsFldCd28NV
IRS990/StatesWhereCopyOfReturnIsFldCd29NH
IRS990/StatesWhereCopyOfReturnIsFldCd30NJ

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