The Musical Arts Association

Cleveland, Ohio - EIN 34-0714468 - Latest filing: fiscal 2025 (Jul 1, 2024 - Jun 30, 2025)

HOW TO READ THIS PAGE

How to read this page: every figure below is from the fiscal-2025 Form 990, filed May 15, 2026. People named below are shown as reported on the fiscal-2025 Form 990, filed May 15, 2026 - the filing is a snapshot of that fiscal year, not a list of current officeholders.

THE FILING IN ONE PARAGRAPH

The Musical Arts Association reported $78,823,318 in revenue and $72,359,344 in expenses in fiscal 2025, a surplus of $6,463,974 for the year. Program services took $58,422,539 of expenses, or 80.7%. The organization closed the year with $346,955,558 in net assets - about 57.5 months of expenses at the fiscal-2025 spending level.

At a Glance - Fiscal 2025

All values are fiscal 2025 unless a tile says otherwise.

TOTAL REVENUE - FISCAL 2025
$78,823,318

Down 0.7% from $79,412,615 in fiscal 2024.

TOTAL EXPENSES - FISCAL 2025
$72,359,344

Revenue minus expenses: $6,463,974 in fiscal 2025.

PROGRAM EXPENSE SHARE - FISCAL 2025
80.7%

$58,422,539 of $72,359,344 went to program services.

NET ASSETS - END OF FISCAL 2025
$346,955,558

Total assets $412,782,135 minus total liabilities $65,826,577.

TOP EXECUTIVE PAY - FISCAL 2025
$1,309,932

Andre Gremillet, President & CEO, as reported on the fiscal-2025 Form 990, filed May 15, 2026. Total across all compensation columns.

PEOPLE REPORTED - FISCAL 2025
688 Employees

Plus 1,060 volunteers reported on the fiscal-2025 Form 990.

Money In, Money Out - Fiscal 2025

Revenue and expenses as reported on the fiscal-2025 Form 990, filed May 15, 2026. Donated goods are separated from cash so food and supply donations do not read as cash income.

Where the Money Went - Fiscal 2025

Program Services$58,422,539 (80.7%)
Fundraising$4,216,263 (5.8%)
Management and General$9,720,542 (13.4%)

Management and general is the figure reported on the filing (Part IX total); where a filing does not carry it, it is computed as the residual of total expenses minus program and fundraising expenses. Cost to raise a dollar in fiscal 2025: $0.10 - $4,216,263 in fundraising expenses divided by $42,030,353 in total contributions. On cash contributions only: $0.11.

Where the Money Came From - Fiscal 2025

SourceFiscal 2025
Total Contributions$42,030,353
Of Which Cash Contributions$39,959,080
Of Which Donated Goods (Noncash)$2,071,273
Fundraising Events$1,265,484
Government Grants$2,557,988
All Other Contributions$38,206,881
Program Service Revenue$25,076,927
Investment Income$11,882,548
Other Revenue-$166,510
Total Revenue (All Sources)$78,823,318

Reserves and Balance Sheet - Fiscal 2025

Reserves and Runway

57.5 Months

of reserves - $346,955,558 in net assets at the end of fiscal 2025, divided by average monthly expenses of about $6,029,945 in fiscal 2025.

Net assets can include donor-restricted funds, buildings and other assets that cannot be spent like cash. Treat months of reserves as a scale measure, not as cash in the bank.

Balance Sheet - End of Fiscal 2025

Total Assets$412,782,135
Total Liabilities$65,826,577
Liabilities as Share of Assets16.0%
Net Assets$346,955,558

Leadership Pay - Fiscal 2025

Pay is the summed total across all compensation columns on the Form 990 - pay from the organization, pay from related organizations, and other compensation. People are shown as reported on the fiscal-2025 Form 990, filed May 15, 2026.

Name and Title, as ReportedTotal Pay - Fiscal 2025Share of Expenses
Andre Gremillet - President & CEO$1,309,9321.81%
Afendi Yusuf - Musician$379,8670.52%
Jane Hargraft - CDO until 10/24$374,5950.52%
Michael Sachs - Musician$368,0950.51%
David Radzynski - Musician until 9/24$365,4190.51%
Joshua Smith - Musician$349,1480.48%
Mark Kosower - Musician$343,6120.47%
James E Menger - Asst. Treasurer, CFO$324,0520.45%
Amy Egle - Asst. Secretary & Executive Asst.$86,6070.12%

The full Part VII table lists every officer, director, trustee and key employee named on the filing, with hours and the same summed total. Compensation is reported for the calendar year ending within the fiscal year, per the Form 990.

Board and Governance - Fiscal 2025

Board and policy answers as reported on the fiscal-2025 Form 990, filed May 15, 2026.

Board Roster - as Reported on the Fiscal-2025 Form 990

65 voting members, 65 independent - independence count as reported on the fiscal-2025 Form 990.

Name, as ReportedRole, as Reported
Andre GremilletPresident & CEO
Afendi YusufMusician
Jane HargraftCDO until 10/24
Michael SachsMusician
David RadzynskiMusician until 9/24
Joshua SmithMusician
Mark KosowerMusician
James E MengerAsst. Treasurer, CFO
Amy EgleAsst. Secretary & Executive Asst.
Richard K SmuckerChairman & Resident Trustee
Dennis W LaBarre ImmediatePast Chair & Resident Trustee
Richard KramerVice Chair, Treasurer & Resident Trustee
David J HookerSecretary & Resident Trustee
Beth E MooneyTreasurer until 11/24, Resident Trustee
Hewitt B ShawSecretary & Resident Trustee until 11/24
Victor AlexanderResident Trustee
Robin BlossomResident Trustee
Yuval BriskerResident Trustee
Richard J BogomolnyResident Trustee until 11/24
Helen Rankin ButlerResident Trustee
Nancy Slocum CallahanResident Trustee
Irad CarmiResident Trustee
Matthew V CrawfordResident Trustee
Dr Hiroyuki FujitaResident Trustee
Michael FrankResident Trustee
Robert GlickResident Trustee
Arthur C Hall IIIResident Trustee
Iris HarvieResident Trustee
Dee HaslamResident Trustee
Stephen H HoffmanResident Trustee
Sarah JohnstonResident Trustee
Michelle Shan JeschelnigResident Trustee
Elizabeth B JulianoResident Trustee
Nancy F KeithleyResident Trustee
Douglas A KernResident Trustee
John D Koch JrResident Trustee
Heather LennoxResident Trustee
Cathy LincolnResident Trustee
Norma LernerResident Trustee until 11/24
Robert W MaloneResident Trustee
Milton S MaltzResident Trustee until 11/24
Ben MathewsResident Trustee
Nancy McCannResident Trustee
Steven J McHaleResident Trustee
Scott C MuellerResident Trustee
Thomas F McKeeResident Trustee until 11/24
Christine MyeroffResident Trustee
Katherine T O'NeillResident Trustee
Hyun ParkResident Trustee
Alfred M Rankin JrResident Trustee
Charles A RatnerResident Trustee
Zoya ReyzisResident Trustee
James C SpiraResident Trustee
R Thomas StantonResident Trustee
Richard StovskyResident Trustee
Dr Russell A TrussoResident Trustee
Daniel P WalshResident Trustee
Thomas A WaltermireResident Trustee
Jeffrey J WeaverResident Trustee
Anya WeavingResident Trustee
Meredith Smith WeilResident Trustee
Paul E Westlake JrResident Trustee
David A WolfortResident Trustee
Anthony Wynshaw-BorisResident Trustee
Wolfgang C BerndtInternational Trustee
Herbert KloiberInternational Trustee
Virginia Nord BarbatoNational Trustee
Mary Jo EatonNational Trustee
Michael J HorvitzNational Trustee
Thomas LauriaNational Trustee
Loretta J MesterNational Trustee
Benjamin PyneNational Trustee
Geraldine B WarnerNational Trustee
Tony WhiteNational Trustee
Todd DiaconTrustee Ex-Officio
Lisa FedorovichTrustee Ex-Officio
Eric KalerTrustee Ex-Officio
Judith E MatskoTrustee Ex-Officio
Beverly SchneiderTrustee Ex-Officio

Governance Policy Flags - Fiscal 2025

Conflict of Interest PolicyYes - Reported
Whistleblower PolicyYes - Reported
Document Retention PolicyYes - Reported
Audited Financial StatementsYes - Reported
Audit CommitteeYes - Reported
Board Size and Independence65 voting / 65 independent

Flags report what the organization answered on the Form 990. A Yes means the policy was reported on the filing; it is not an outside review of how the policy works in practice.

Grants - Fiscal 2025

Grants Made - Fiscal 2025

This organization reported $0 in grants paid and filed no Schedule I for fiscal 2025. The page states that directly instead of leaving a blank grants section. Grantmaking organizations show a full recipient list in this section - recipient name, amount and stated purpose, as reported.

Trend - Revenue

Years are shown only where a filing is held. Missing years are absent, never filled in.

FY24 FY25
Revenue, fiscal 2024 to fiscal 2025 - the two years held on this record.
Fiscal YearRevenueChange
Fiscal 2024 (Prior-Year Column on the Fiscal-2025 Filing)$79,412,615-
Fiscal 2025$78,823,318-0.7%

This table grows to a 10-year view (revenue, expenses, net assets and top pay) as earlier filings for this organization are added to the record. Missing years are absent, never filled in.

Filings on Record

Tax PeriodFormStatusSource
Jul 1, 2024 - Jun 30, 2025Form 990In Force - Filed May 15, 2026Original Filing at the IRS

If an amended return is filed, the newest amended return supersedes the earlier one and the table marks which filing is in force.

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