Skip to content
Nonprofiteer
← BRING ON THE MUSIC INC

Form 990 for tax year 2022

Filed by BRING ON THE MUSIC INC.

Totals

Total revenue
$7,577,491
Total expenses
$2,441,116
Contributions and grants received
$3,972,061
Grants paid
$0
Program service revenue
$881,966
Investment income
$504
Other revenue
$2,722,960
Total assets, end of year
$11,794,480
Total liabilities, end of year
$28,968
Net assets or fund balances, end of year
$11,765,512
Program services expenses (Part IX)
$1,734,285
Management and general expenses
$347,449
Fundraising expenses
$359,382
Program service expenses (Part III)
$1,734,285

Program services were 71.0% 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.

  • 1e · Government grants (contributions)

    $288,400

  • 1f · All other contributions, gifts and grants

    $3,683,661

  • 2a · Program service revenue: MUSIC LESSONS

    total $843,947 · related or exempt $843,947

  • 2b · Program service revenue: SUMMER CAMP INCOME

    total $20,090 · related or exempt $20,090

  • 2c · Program service revenue: REGISTRATION FEES

    total $9,481 · related or exempt $9,481

  • 2d · Program service revenue: RECITAL INCOME

    total $6,223 · related or exempt $6,223

  • 2e · Program service revenue: LATE FEES

    total $2,225 · related or exempt $2,225

  • 3 · Investment income

    total $504 · unrelated business $504

  • 8a · Fundraising events: gross income

    $2,720,302

  • 8b · Fundraising events: direct expenses

    $0

  • 8c · Net income from fundraising events

    total $2,720,302 · excluded $2,720,302

  • 10a · Gross sales of inventory

    $24,607

  • 10b · Cost of goods sold

    $23,298

  • 10c · Net income from sales of inventory

    total $1,309 · excluded $1,309

  • 11a · Other revenue: MISC. INCOME

    total $691 · unrelated business $691

  • 11b · Other revenue: LONG TERM CAPITAL GAIN

    total $658 · unrelated business $658

  • 11e · Other revenue, total

    $1,349

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $150,219 · program services $120,175 · management and general $22,533 · fundraising $7,511

  • 7 · Other salaries and wages

    total $1,290,034 · program services $1,032,027 · management and general $193,505 · fundraising $64,502

  • 9 · Other employee benefits

    total $53,399 · program services $43,006 · management and general $8,238 · fundraising $2,155

  • 10 · Payroll taxes

    total $121,010 · program services $96,808 · management and general $18,152 · fundraising $6,050

  • 11b · Fees: legal

    total $549 · program services $440 · management and general $82 · fundraising $27

  • 12 · Advertising and promotion

    total $253,221 · program services $4,379 · fundraising $248,842

  • 13 · Office expenses

    total $110,525 · program services $88,420 · management and general $16,579 · fundraising $5,526

  • 22 · Depreciation, depletion and amortization

    total $192,036 · program services $153,629 · management and general $28,805 · fundraising $9,602

  • 23 · Insurance

    total $78,096 · program services $62,476 · management and general $11,715 · fundraising $3,905

  • 24a · Other expenses: PROPERTY TAXES

    total $66,921 · program services $53,368 · management and general $10,218 · fundraising $3,335

  • 24b · Other expenses: CREDIT CARD FEES

    total $30,037 · program services $24,030 · fundraising $6,007

  • 24c · Other expenses: UTILITIES

    total $22,767 · program services $22,767

  • 24d · Other expenses: BUILDING EXPENSE

    total $22,602 · management and general $22,602

  • 24e · All other expenses

    total $49,700 · program services $32,760 · management and general $15,020 · fundraising $1,920

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $137,936 · end of year $4,200,673

  • 2 · Savings and temporary cash investments

    beginning of year $20,164 · end of year $18,327

  • 8 · Inventories for sale or use

    beginning of year $32,156 · end of year $50,290

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

    $8,740,661

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

    $1,281,645

  • 10c · Land, buildings and equipment, net

    beginning of year $7,651,052 · end of year $7,459,016

  • 15 · Other assets

    beginning of year $33,580 · end of year $66,174

  • 23 · Secured mortgages and notes payable

    beginning of year $935,200

  • 25 · Other liabilities

    beginning of year $310,551 · end of year $28,968

  • 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 $6,629,137 · end of year $11,765,512

Mission and programs · 2022

Mission

TO FACILITATE AND PROVIDE BASIC MUSIC EDUCATION TO CHILDREN AND ADULTS.

Activities or mission (Part I)

PROVIDE FREE MUSIC INSTRUCTION TO LOW INCOME CHILDREN, AS WELL AS AFFORDABLE MUSIC LESSONS TO CHILDREN AND ADULTS IN LOS ANGELES COMMUNITY

  • THE SILVERLAKE CONSERVATORY OF MUSIC (SCM) (WWW.SILVERLAKECONSERVATORY.COM) PROVIDED APPROXIMATELY 700 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 FOUR QUARTERLY RECITALS TO HIGHLIGHT OUR STUDENTS FOR THE ENJOYMENT OF OUR PARENTS AND COMMUNITY.

    Expenses $1,378,131 · Revenue $689,501

  • SCM HELD THREE, TWO-WEEK SUMMER CAMPS FOR AGES 7-15. 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. EACH CAMP CULMINATES WITH A RECITAL WHERE THE YOUNG STARS GET TO SHOW THEIR STUFF!

    Expenses $11,621 · Revenue $20,090

  • SCHOLARSHIP STUDENTS TOTALED ABOUT 185 IN 2022. OUR GOAL IS TO MAINTAIN UP TO 200 SCHOLARSHIPS. CM 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 PROVIDES SCHOLARSHIP 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 $344,533 · Revenue $172,375

As filed on the 2022 return.

Listed in Part VII

  • Eric Greenspan

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0

  • Michael Balzary

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0

  • Jennifer Rey

    MANAGING DIRECTOR

    Total calculated
    $150,219
    From this org
    $150,219
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $150,219
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $150,219

  • Keith Barry

    DEAN & DIRECTOR

    Total calculated
    $0
    Hours/week
    40

  • Joe Braun

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0

  • Susan Wiesner

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0

  • Anthony Kiedis

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0

  • John Silva

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0

  • Michael Lerch

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0

  • Ian Montone

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0

  • Barbara Bestor

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0

  • Karyn Balzary

    SECRETARY AND CFO

    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
2022
Filed
27 February 2024
IRS schema version
2022v5.0
Source object
202400589349300935

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.