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Nonprofiteer
← LEAD GUITAR

Form 990 for tax year 2024

Filed by LEAD GUITAR.

Totals

Total revenue
$822,080
Total expenses
$1,062,332
Contributions and grants received
$860,773
Grants paid
$0
Program service revenue
$23,179
Investment income
$8,358
Other revenue
-$70,230
Total assets, end of year
$953,674
Total liabilities, end of year
$52,829
Net assets or fund balances, end of year
$900,845
Program services expenses (Part IX)
$835,321
Management and general expenses
$146,764
Fundraising expenses
$80,247
Program service expenses (Part III)
$835,321

Program services were 78.6% 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

    $232,501

  • 1e · Government grants (contributions)

    $88,397

  • 1f · All other contributions, gifts and grants

    $539,875

  • 1g · Noncash contributions included above

    $5,666

  • 2a · Program service revenue: CURRICULUM SALES

    total $20,179 · related or exempt $20,179

  • 2b · Program service revenue: PROGRAM SERVICE FEES

    total $3,000 · related or exempt $3,000

  • 3 · Investment income

    total $8,358 · excluded $8,358

  • 8a · Fundraising events: gross income

    $3,216

  • 8a · Fundraising events: contributions included on line 1c

    $232,501

  • 8b · Fundraising events: direct expenses

    $73,446

  • 8c · Net income from fundraising events

    total -$70,230 · excluded -$70,230

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $131,529 · program services $78,917 · management and general $13,153 · fundraising $39,459

  • 7 · Other salaries and wages

    total $391,497 · program services $328,272 · management and general $43,688 · fundraising $19,537

  • 8 · Pension plan contributions

    total $6,918 · program services $4,267 · management and general $1,769 · fundraising $882

  • 9 · Other employee benefits

    total $16,406 · program services $10,161 · management and general $4,587 · fundraising $1,658

  • 10 · Payroll taxes

    total $38,206 · program services $29,988 · management and general $4,163 · fundraising $4,055

  • 11b · Fees: legal

    total $2,510 · management and general $2,510

  • 11c · Fees: accounting

    total $17,758 · management and general $17,758

  • 11g · Fees: other

    total $11,417 · management and general $8,105 · fundraising $3,312

  • 13 · Office expenses

    total $20,827 · program services $984 · management and general $14,849 · fundraising $4,994

  • 14 · Information technology

    total $14,991 · program services $6,422 · management and general $8,569

  • 16 · Occupancy

    total $8,057 · management and general $8,057

  • 17 · Travel

    total $12,102 · program services $8,610 · fundraising $3,492

  • 22 · Depreciation, depletion and amortization

    total $9,052 · management and general $9,052

  • 23 · Insurance

    total $5,111 · management and general $5,111

  • 24a · Other expenses: CONTRACT INSTRUCTORS

    total $316,017 · program services $316,017

  • 24b · Other expenses: CURRICULUM PRODUCTION

    total $38,071 · program services $38,071

  • 24c · Other expenses: EVENT PRODUCTION COSTS

    total $17,009 · program services $10,258 · management and general $4,774 · fundraising $1,977

  • 24d · Other expenses: MISCELLANEOUS EXPENSE

    total $4,854 · program services $3,354 · management and general $619 · fundraising $881

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $86,084 · end of year $156,492

  • 2 · Savings and temporary cash investments

    beginning of year $257,998 · end of year $336,336

  • 3 · Pledges and grants receivable

    beginning of year $448,416 · end of year $25,000

  • 4 · Accounts receivable

    beginning of year $3,338 · end of year $59,897

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

    $390,198

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

    $14,249

  • 10c · Land, buildings and equipment, net

    beginning of year $385,001 · end of year $375,949

  • 17 · Accounts payable and accrued expenses

    beginning of year $29,740 · end of year $52,829

  • 27 · Net assets without donor restrictions

    beginning of year $652,637 · end of year $675,845

  • 28 · Net assets with donor restrictions

    beginning of year $498,460 · end of year $225,000

Mission and programs · 2024

Mission

LEAD GUITAR IMPROVES STUDENT GRADES, GRADUATION RATES, RESILIENCE AND LIFE SKILLS BY DELIVERING FREE IN-SCHOOL GUITAR PROGRAMS TO KIDS FACING SIGNIFICANT SOCIOECONOMIC CHALLENGES OR OTHER BARRIERS TO EXPERIENCING THE TRANSFORMATIVE POWER OF MAKING MUSIC.

  • IN THE 2024-25 ACADEMIC YEAR, LEAD GUITAR SERVED 257 CLASSROOMS IN 105 SCHOOLS IN 6 STATES, TEACHING 7,590 STUDENTS TO PLAY GUITAR AND 129 PUBLIC SCHOOL TEACHERS TO TEACH GUITAR. LEAD GUITAR BROUGHT PROFESSIONAL GUITARISTS TO 15 IN-SCHOOL ASSEMBLIES OVER THE SCHOOL YEAR AND HOSTED SEVEN SPRING SHOWCASE CONCERTS IN APRIL AND MAY 2025. LEAD GUITAR ALSO PRODUCES A TWICE-YEARLY YOUTUBE BROADCAST CALLED WE ARE GUITAR, FEATURING GUEST GUITAR LUMINARIES, INTERVIEWS WITH GUEST ARTISTS AND STUDENTS, AND STUDENT VIRTUAL GUITAR ENSEMBLE PERFORMANCES ALONG WITH EACH GUEST ARTIST. THE SHOW WAS ORIGINALLY DEVELOPED DURING THE PANDEMIC AS A REPLACEMENT FOR SHOWCASE CONCERTS. DURING THE YEAR ENDED JUNE 30, 2025, LEAD GUITAR PROVIDED EIGHT HOURS OF FORMAL PROFESSIONAL DEVELOPMENT SESSIONS FOR 129 CERTIFIED PUBLIC-SCHOOL TEACHERS IN TUCSON, PHOENIX, LOS ANGELES, DENVER, CHICAGO, DETROIT AND ATLANTA. WORKSHOPS WERE HOSTED ONLINE (NATIONALLY) AND IN- PERSON IN EACH LOCAL MARKET. WORKSHOPS UTILIZED THE TALENTS OF EVERY STAFF MEMBER TO EITHER TEACH A PORTION OF THE WORKSHOP OR PROVIDE UP TO 90 MINUTES OF PRIVATE LESSONS PER ATTENDEE.

    Expenses $835,321 · Revenue $23,179

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Brad Richter

    SECRETARY, E

    Total calculated
    $134,049
    From this org
    $112,325
    From related orgs
    $0
    Other
    $21,724
    Hours/week
    40
  • Daniel Bueschel

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1.75
  • Carol Cunningham

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1.75
  • Doug Declusin

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1.5
  • Glenn Howell

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1.5
  • Haley Howell

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1.5
  • Clint Mabie

    DIRECTOR

    Total calculated
    $0
    Hours/week
    3
  • Tim Miklaucic

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Joe Millstone

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.75
  • Diane Quevedo

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.75
  • Marc Sandroff

    PRESIDENT

    Total calculated
    $0
    Hours/week
    4
  • Jeff Sater

    TREASURER

    Total calculated
    $0
    Hours/week
    3
  • Theresa Seifert

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1.75
  • Jonathan Thomas

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.75
  • Kimeia Vu

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.75
  • Monika Wiley

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.75

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
5 March 2026
IRS schema version
2024v5.0
Source object
202640659349300734

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