MUZICAL PRODUCTIONS (MZP) WAS ORIGINALLY ORGANIZED AS A SOLE PROPRIETORSHIP IN THE SPRING OF 2024; FAST FORWARD TO 2025, MZP WAS REORGANIZED AS A TEXAS NONPROFIT CORPORATION, APRIL 2025; AND MORE RECENTLY, SEPTEMBER 2025, MZP RECEIVED ITS 501(c)(3) INCOME TAX EXEMPTION FROM THE INTERNAL REVENUE SERVICE WHO ADVISIED MUZICAL PRODUCTIONS THAT IT IS NOW QUALIFIED TO RECEIVE TAX DEDUCTIBLE BEQUESTS, DEVISES, TRANSFERS OR GIFTS UNDER SECTION 2055, 2106 OR 2522. THE STATE OF TEXAS APPROVED THE ASSUMED NAME (ALSO KNOWN AS DBA, DOING BUSINESS AS) OF MZP FOUNDATION ON 9/29/2025.
SO, THE JOURNEY BEGAN! FIRST, A COMPLETE REVIEW OF THE RULES AND REGULATIONS STARTED ALMOST IMMEDIATLY UPON RECEIVING APPROVAL FROM THE IRS AS A 501C3 AS DEFINED BY THE STATE OF TEXAS AND THE INTERNAL REVENUE SERVICE, OUTLINING THE RESPECTIVE REQUIREMENTS FOR A PUBLIC CHARITY THROUGH ITS BYLAWS RELATED TO THE FORMATION AND OPERATIONAL REQUIREMENTS OF THE A PUBLIC CHARITY. A FORMAL BYLAWS AGREEMENT WAS DRAFTED ESTABLISHING MANAGEMENT OVERSIGHT REQUIREMENTS AND BEST PRACTICES.
DECEMBER 2025 - NOMINATIONS FOR THE APPOINTMENT OF BOARD DIRECTORS AND OFFICERS BEGAN IN EARNEST. THE BYLAWS MANUAL WAS DRAFTED WITH FORMAL QUARTERLY BOARD MEETINGS ESTABLISHED ON THE LAST MONDAY OF MARCH, JUNE, SEPTEMBER AND DECEMBER BEGINNING IN 2026. IT WAS AGREED THAT A SPECIAL MEETING WOULD BE HELD IN JANUARY 2026 TO APPOINT BOARD MEMBERS AND OFFICERS. COPIES OF MINUTES FROM EACH SCHEDULED AND SPECIAL BOARD MEETING WILL BE MADE AVAILABLE BY CONTACTING THE EXECUTIVE DIRECTOR AT CONTACT@MZPFOUNDATION.ORG.
FOR YOUR CONTINUING REVIEW OF OUR WEBSITE WE'VE INCLUDED SOME GRAPHICS AND PHOTOS FROM OUR RECENT HISTORY! ENJOY.