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← MUSICAL BRIDGES AROUND THE WORLD INC

Form 990 for tax year 2024

Filed by MUSICAL BRIDGES AROUND THE WORLD INC.

Totals

Total revenue
$1,469,184
Total expenses
$1,344,809
Contributions and grants received
$1,441,650
Grants paid
$0
Program service revenue
$23,922
Investment income
$0
Other revenue
$3,612
Total assets, end of year
$1,947,859
Total liabilities, end of year
$105,481
Net assets or fund balances, end of year
$1,842,378
Program services expenses (Part IX)
$1,078,157
Management and general expenses
$125,418
Fundraising expenses
$141,234
Program service expenses (Part III)
$1,078,157

Program services were 80.2% 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.

  • 1b · Membership dues

    $122,728

  • 1f · All other contributions, gifts and grants

    $1,318,922

  • 2a · Program service revenue: Program Service Revenue

    total $23,922 · related or exempt $23,922

  • 11a · Other revenue: Insurance Dividend

    total $3,447 · excluded $3,447

  • 11b · Other revenue: Credit Card Refund

    total $165 · excluded $165

  • 11e · Other revenue, total

    $3,612

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $0

  • 2 · Grants to domestic individuals

    total $0

  • 3 · Grants to foreign organizations and individuals

    total $0

  • 4 · Benefits paid to or for members

    total $0

  • 5 · Compensation of officers, directors and key employees

    total $110,250 · program services $89,435 · management and general $9,889 · fundraising $10,926

  • 6 · Compensation of disqualified persons

    total $418,586 · program services $360,075 · management and general $5,111 · fundraising $53,400

  • 7 · Other salaries and wages

    total $0

  • 8 · Pension plan contributions

    total $0

  • 9 · Other employee benefits

    total $58,052 · program services $49,344 · management and general $1,742 · fundraising $6,966

  • 10 · Payroll taxes

    total $40,980 · program services $28,980 · management and general $6,000 · fundraising $6,000

  • 11a · Fees: management

    total $0

  • 11b · Fees: legal

    total $9,732 · program services $9,732

  • 11c · Fees: accounting

    total $12,650 · management and general $12,650

  • 11d · Fees: lobbying

    total $0

  • 11f · Fees: investment management

    total $0

  • 11g · Fees: other

    total $0

  • 12 · Advertising and promotion

    total $8,203 · program services $8,203

  • 13 · Office expenses

    total $12,322 · program services $10,245 · management and general $2,077

  • 14 · Information technology

    total $0

  • 15 · Royalties

    total $0

  • 16 · Occupancy

    total $34,800 · program services $11,600 · management and general $23,200

  • 17 · Travel

    total $14,048 · program services $14,048

  • 18 · Travel or entertainment for public officials

    total $0

  • 19 · Conferences, conventions and meetings

    total $3,595 · program services $1,356 · fundraising $2,239

  • 20 · Interest

    total $0

  • 21 · Payments to affiliates

    total $0

  • 22 · Depreciation, depletion and amortization

    total $12,981 · program services $8,438 · management and general $4,543

  • 23 · Insurance

    total $14,708 · program services $14,708

  • 24a · Other expenses: Artistic Fees

    total $121,156 · program services $121,156

  • 24b · Other expenses: Piano Expense

    total $4,436 · program services $4,436

  • 24c · Other expenses: Uncollectible Accounts

    total $30,000 · management and general $30,000

  • 24d · Other expenses: Catering

    total $5,827 · program services $5,827

  • 24e · All other expenses

    total $432,483 · program services $340,574 · management and general $30,206 · fundraising $61,703

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $182,428 · end of year $438,083

  • 3 · Pledges and grants receivable

    beginning of year $89,937

  • 9 · Prepaid expenses and deferred charges

    beginning of year $46,852 · end of year $53,726

  • 10a · Land, buildings and equipment: cost or other basis

    $109,414

  • 10b · Land, buildings and equipment: accumulated depreciation

    $87,718

  • 10c · Land, buildings and equipment, net

    beginning of year $30,612 · end of year $21,696

  • 11 · Investments: publicly traded securities

    beginning of year $1,273,061 · end of year $1,338,529

  • 15 · Other assets

    beginning of year $129,064 · end of year $95,825

  • 17 · Accounts payable and accrued expenses

    beginning of year $34,597 · end of year $5,666

  • 25 · Other liabilities

    beginning of year $129,064 · end of year $99,815

  • 27 · Net assets without donor restrictions

    beginning of year $1,424,071 · end of year $1,556,386

  • 28 · Net assets with donor restrictions

    beginning of year $164,222 · end of year $285,992

Mission and programs · 2024

Mission

Focuses on creating one-of-a-kind classical, jazz and ethnic folk musicians for the benefit of the public and at-risk youth, while fostering San Antonios reputation as a cosmopolitan cultural center.

  • Russell Hill Rogers Musical Evenings at San Fernando Cathedral added one concert, bringing the season total to six performances, and performed at full capacity with a total attendance of 2,639. Musical Sprouts educational programming distributed two main curriculum segments and delivered 171 events and classes, serving 17,410 children. Through the Colburn-Pledge Music Scholarship, the organization accepted applications and awarded five scholarships to young bowed string instrument players. The Youth Ambassadors program graduated two alumni, welcomed eight new ambassadors, and presented two recitals and one masterclass. Concerts for seniors in living communities and community centers reached 957 seniors through 22 events. The organizations program for recovering military personnel and the USO provided seven performances and 10 guitar workshops, serving 1,084 attendees. MBAW also rekindled a longstanding partnership with Haven for Hope, presenting three concerts that reached 472 children, seniors, and adults. Continued on 4b below

    Expenses $1,078,157 · Grants $1,006,958 · Revenue $23,922

As filed on the 2024 return.

Listed in Part VII

  • Anya Grokhovski

    Artistic Director and CEO

    Total calculated
    $113,652
    From this org
    $110,250
    From related orgs
    $0
    Other
    $3,402
    Hours/week
    40

  • Vernon HaneyVernon Haney Chair

    Chair

    Total calculated
    $0
    Hours/week
    2

  • Eric Miller MD

    Executive Chair

    Total calculated
    $0
    Hours/week
    2

  • Aaron Asel CPA

    Treasurer

    Total calculated
    $0
    Hours/week
    2

  • Adriana Flores

    Secretary Ret.

    Total calculated
    $0
    Hours/week
    2

  • Susan C Franklin

    Board Member

    Total calculated
    $0
    Hours/week
    2

  • Robert B Leckie

    Board Member

    Total calculated
    $0
    Hours/week
    2

  • Kumar Parakala

    Board Member

    Total calculated
    $0
    Hours/week
    2

  • Kristina Zhao

    Board Member

    Total calculated
    $0
    Hours/week
    2

  • Jiwon Choi Song

    Board Member

    Total calculated
    $0
    Hours/week
    2

  • Fa Winsborough MA LPC NCC LMA

    Board Member

    Total calculated
    $0
    Hours/week
    2

  • Erin Camp

    Board Member

    Total calculated
    $0
    Hours/week
    2

  • Crystale Cruz

    Board Member

    Total calculated
    $0
    Hours/week
    2

  • Carlos Miranda

    Board Member

    Total calculated
    $0
    Hours/week
    2

  • Amanda Dominguez

    Board Member

    Total calculated
    $0
    Hours/week
    2

  • Faisal Khan

    Board Member

    Total calculated
    $0
    Hours/week
    2

  • Elizabeth Morales

    Board Member

    Total calculated
    $0
    Hours/week
    2

  • Kimberly West

    Board Member

    Total calculated
    $0
    Hours/week
    2

  • Awilda I Ramos MD FAAP COL

    Board Member

    Total calculated
    $0
    Hours/week
    2

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.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2024
Filed
15 July 2026
IRS schema version
2024v5.2
Source object
202631969349301703

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