Totals
- Total revenue
- $2,851,302
- Total expenses
- $3,232,451
- Contributions and grants received
- $1,361,541
- Grants paid
- $0
- Program service revenue
- $1,319,432
- Investment income
- $227,899
- Other revenue
- -$57,570
- Total assets, end of year
- $11,237,377
- Total liabilities, end of year
- $2,564
- Net assets or fund balances, end of year
- $11,234,813
- Program services expenses (Part IX)
- $2,585,962
- Management and general expenses
- $484,867
- Fundraising expenses
- $161,622
- Program service expenses (Part III)
- $2,585,962
Program services were 80.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1c · Fundraising events
$1,099,528
-
1f · All other contributions, gifts and grants
$262,013
-
2a · Program service revenue: MUSIC LESSONS
total $1,207,096 · related or exempt $1,207,096
-
2b · Program service revenue: SUMMER CAMP INCOME
total $60,149 · related or exempt $60,149
-
2c · Program service revenue: BAD DEBT RECOVERY
total $19,655 · related or exempt $19,655
-
2d · Program service revenue: RECITAL INCOME
total $17,845 · related or exempt $17,845
-
2e · Program service revenue: REGISTRATION FEES
total $14,627 · related or exempt $14,627
-
2f · All other program service revenue
total $60 · related or exempt $60
-
3 · Investment income
total $227,899 · related or exempt $227,899
-
10a · Gross sales of inventory
$26,984
-
10b · Cost of goods sold
$86,350
-
10c · Net income from sales of inventory
total -$59,366 · excluded -$59,366
-
11a · Other revenue: LONG TERM CAPITAL GAIN
total $1,796 · related or exempt $1,796
-
11e · Other revenue, total
$1,796
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $163,692 · program services $130,953 · management and general $24,554 · fundraising $8,185
-
7 · Other salaries and wages
total $1,692,403 · program services $1,353,923 · management and general $253,860 · fundraising $84,620
-
9 · Other employee benefits
total $77,109 · program services $61,688 · management and general $11,566 · fundraising $3,855
-
10 · Payroll taxes
total $166,529 · program services $133,224 · management and general $24,979 · fundraising $8,326
-
11b · Fees: legal
total $6,814 · program services $5,451 · management and general $1,022 · fundraising $341
-
11c · Fees: accounting
total $8,250 · program services $6,599 · management and general $1,238 · fundraising $413
-
11g · Fees: other
total $1,722 · program services $1,378 · management and general $258 · fundraising $86
-
12 · Advertising and promotion
total $561,239 · program services $448,991 · management and general $84,186 · fundraising $28,062
-
13 · Office expenses
total $26,589 · program services $21,272 · management and general $3,988 · fundraising $1,329
-
22 · Depreciation, depletion and amortization
total $193,749 · program services $155,000 · management and general $29,062 · fundraising $9,687
-
23 · Insurance
total $78,652 · program services $62,921 · management and general $11,798 · fundraising $3,933
-
24a · Other expenses: BUILDING EXPENSES
total $108,736 · program services $86,989 · management and general $16,310 · fundraising $5,437
-
24b · Other expenses: CREDIT CARD FEES
total $58,404 · program services $46,723 · management and general $8,761 · fundraising $2,920
-
24c · Other expenses: UTILITIES
total $30,221 · program services $24,177 · management and general $4,533 · fundraising $1,511
-
24d · Other expenses: CONTRIBUTIONS
total $21,960 · program services $17,568 · management and general $3,294 · fundraising $1,098
-
24e · All other expenses
total $36,382 · program services $29,105 · management and general $5,458 · fundraising $1,819
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $2,301,432 · end of year $694,268
-
2 · Savings and temporary cash investments
beginning of year $1,920,159 · end of year $3,067,326
-
4 · Accounts receivable
beginning of year $58,025 · end of year $304,042
-
8 · Inventories for sale or use
beginning of year $64,655 · end of year $83,192
-
10a · Land, buildings and equipment: cost or other basis
$8,749,928
-
10b · Land, buildings and equipment: accumulated depreciation
$1,664,506
-
10c · Land, buildings and equipment, net
beginning of year $7,269,902 · end of year $7,085,422
-
15 · Other assets
beginning of year $3,127 · end of year $3,127
-
25 · Other liabilities
beginning of year $1,338 · end of year $2,564
-
29 · Capital stock, trust principal or current funds
beginning of year $0 · end of year $0
-
30 · Paid-in or capital surplus, or land, building or equipment fund
beginning of year $0 · end of year $0
-
31 · Retained earnings, endowment or other funds
beginning of year $11,615,962 · end of year $11,234,813
Mission and programs · 2024
Mission
OUR MISSION AT SILVERLAKE CONSERVATORY OF MUSIC, A NON-PROFIT 501(C)(3) ORGANIZATION, IS TO FACILITATE A DYNAMIC MUSIC EDUCATION AND TO TEACH BEGINNING AND ACCOMPLISHED MUSICIANS OF ALL SKILL LEVELS. OUR PRIMARY FOCUS IS ON THE YOUTH OF THE COMMUNITY, BUT ALL ARE WELCOME AND ENCOURAGED TO PARTICIPATE. WE OFFER PRIVATE MUSIC LESSONS ON ALL ORCHESTRAL AND BAND INSTRUMENTS INCLUDING VOICE, AS WELL AS A VARIETY OF ENSEMBLE CLASSES AT A REASONABLE COST. WE GRANT SCHOLARSHIPS TO CHILDREN WHO QUALIFY, PROVIDING FREE LESSONS AND INSTRUMENTS. PERFORMANCES AND RECITALS PUT ON BY THE CONSERVATORY ARE A FULFILLING EXPERIENCE FOR THE STUDENTS AND A BEAUTIFUL OUTREACH TO THE COMMUNITY. OUR GOAL IS TO KEEP OUR STANDARD OF TEACHING AT THE HIGHEST LEVEL WHILE MAINTAINING A FRIENDLY, FUN AND NURTURING ENVIRONMENT. THE STUDY OF MUSIC ENRICHES NOT ONLY THE LIVES OF THE STUDENT AND TEACHER, BUT THE COMMUNITY AND SOCIETY AS WELL.
Activities or mission (Part I)
TO FACILITATE AND PROVIDE BASIC MUSIC EDUCATION TO CHILDREN AND ADULTS.
-
THE SILVERLAKE CONSERVATORY OF MUSIC (SCM)(WWW.SILVERLAKECONSERVATORY.ORG) PROVIDED APPROXIMATELY 850 INDIVIDUALS FROM SILVERLAKE AND SURROUNDING L.A. COMMUNITIES WITH AFFORDABLE PRIVATE MUSIC LESSONS AND BASIC MUSIC EDUCATION. THE CONSERVATORY ALSO PARTICIPATED IN A NUMBER OF COMMUNITY BASED EVENTS AND HELD QUARTERLY RECITALS TO HIGHLIGHT OUR STUDENTS FOR THE ENJOYMENT OF OUR PARENTS AND COMMUNITY. THE CONSERVATORY ALSO OFFERS ENSEMBLE CLASSES FOR STUDENTS ALREADY ENROLLED IN THE SCHOOL.
Expenses $1,772,005 · Revenue $1,065,284
-
SCM HELD SUMMER CAMPS FOR AGES 7-18. ALL CAMPS INCLUDE WORKSHOPS IN INSTRUMENTAL AND VOCAL TECHNIQUE, MUSIC READING, MUSIC THEORY AND EAR TRAINING, MUSIC APPRECIATION, LISTENING AND ENSEMBLE PLAYING IN VARIOUS STYLES.
Expenses $117,886 · Revenue $70,870
-
SCHOLARSHIP STUDENTS TOTALED ABOUT 185 IN 2023. OUR GOAL IS TO MAINTAIN UP TO 200 SCHOLARSHIPS. SCM SEEKS CHARITABLE SUPPORT TO FUND SCHOLARSHIPS FOR LOW-INCOME CHILDREN AGES 7 TO 17. STUDENTS QUALIFY FOR SCHOLARSHIP IF THEY ARE A TITLE 1 (LOW-INCOME) STUDENT. SCM PROVIDESSCHOLARSHIP STUDENTS THROUGHOUT THE YEAR WITH INDIVIDUAL INSTRUCTION, ENSEMBLE PARTICIPATION AND ENROLLMENT AT OUR SUMMER CAMPS. AS PART OF THE SCHOLARSHIP PROGRAM, SCM PROVIDES STUDENTS WITH FREE INSTRUMENTS.
Expenses $696,071 · Revenue $418,460
As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Jennifer ReyJENNIFER REY
MANAGING DIRECTOR
- Total calculated
- $163,692
- From this org
- $163,692
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $150,000
- Bonus
- $13,692
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $0
- Filer's total
- $163,692
-
Eric GreenspanERIC GREENSPAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0
-
Michael BalzaryMICHAEL BALZARY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0
-
Keith BarryKEITH BARRY
DEAN & DIRECTOR
- Total calculated
- $0
- Hours/week
- 40
-
Joe BraunJOE BRAUN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0
-
Susan WiesnerSUSAN WIESNER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0
-
Anthony KiedisANTHONY KIEDIS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0
-
John SilvaJOHN SILVA
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0
-
Michael LerchMICHAEL LERCH
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0
-
Ian MontoneIAN MONTONE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0
-
Barbara BestorBARBARA BESTOR
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0
-
Jaime GarciaJAIME GARCIA
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0
-
Lalo MedinaLALO MEDINA
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0
-
Amy ShapiroAMY SHAPIRO
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
None.
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 15 November 2025
- IRS schema version
- 2024v5.2
- Source object
- 202503219349325655
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