Form 990 for tax year 2024

Revenue

Part VIII, the statement of revenue.

• 1b · Membership dues

  $614,618

• 1c · Fundraising events

  $1,541,712

• 1e · Government grants (contributions)

  $515,004

• 1f · All other contributions, gifts and grants

  $6,781,158

• 1g · Noncash contributions included above

  $875,411

• 2a · Program service revenue: CONCERT TICKETS & FEES

  total $9,556,808 · related or exempt $9,556,808

• 3 · Investment income

  total $310,010 · excluded $310,010

• 7a · Gross sales of assets other than inventory

  securities $7,724,053

• 7b · Less cost or other basis and sales expenses

  securities $7,657,889

• 7c · Gain or loss

  securities $66,164

• 7d · Net gain or loss

  total $66,164 · excluded $66,164

• 8a · Fundraising events: gross income

  $223,700

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

  $1,541,712

• 8b · Fundraising events: direct expenses

  $223,700

• 8c · Net income from fundraising events

  total $0

• 11a · Other revenue: OTHER INCOME

  total $45,595 · excluded $45,595

• 11e · Other revenue, total

  $45,595

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $10,000 · program services $10,000

• 5 · Compensation of officers, directors and key employees

  total $485,471 · management and general $485,471

• 7 · Other salaries and wages

  total $10,452,084 · program services $8,800,520 · management and general $879,903 · fundraising $771,661

• 8 · Pension plan contributions

  total $553,954 · program services $466,422 · management and general $46,634 · fundraising $40,898

• 9 · Other employee benefits

  total $2,157,607 · program services $1,816,677 · management and general $181,637 · fundraising $159,293

• 10 · Payroll taxes

  total $1,052,152 · program services $885,898 · management and general $88,575 · fundraising $77,679

• 11b · Fees: legal

  total $22,169 · management and general $22,169

• 11c · Fees: accounting

  total $159,000 · management and general $159,000

• 11e · Fees: professional fundraising services

  total $37,064 · fundraising $37,064

• 11f · Fees: investment management

  total $79,571 · management and general $79,571

• 11g · Fees: other

  total $3,479,177 · program services $3,335,102 · management and general $28,646 · fundraising $115,429

• 12 · Advertising and promotion

  total $1,411,147 · program services $1,300,930 · fundraising $110,217

• 13 · Office expenses

  total $914,705 · program services $419,587 · management and general $18,979 · fundraising $476,139

• 14 · Information technology

  total $9,839 · management and general $9,839

• 16 · Occupancy

  total $1,261,128 · program services $1,118,008 · management and general $49,490 · fundraising $93,630

• 17 · Travel

  total $224,832 · program services $130,568 · management and general $27,255 · fundraising $67,009

• 19 · Conferences, conventions and meetings

  total $52,669 · program services $52,669

• 20 · Interest

  total $1,700 · management and general $1,700

• 22 · Depreciation, depletion and amortization

  total $210,129 · program services $84,051 · management and general $63,039 · fundraising $63,039

• 23 · Insurance

  total $77,108 · management and general $77,108

• 24a · Other expenses: PERFORMANCE EXPENSE

  total $1,756,154 · program services $1,623,187 · management and general $82,195 · fundraising $50,772

• 24b · Other expenses: EQUIPMENT & MAINTENANCE

  total $607,484 · program services $556,895 · management and general $30,268 · fundraising $20,321

• 24c · Other expenses: OTHER OPERATING EXPENSE

  total $350,980 · program services $249,301 · management and general $2,009 · fundraising $99,670

• 24d · Other expenses: DUES & SUBSCRIPTIONS

  total $184,721 · program services $99,092 · management and general $65,442 · fundraising $20,187

• 24e · All other expenses

  total $103,479 · program services $84,663 · management and general $18,816

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $2,960,603 · end of year $1,902,470

• 2 · Savings and temporary cash investments

  beginning of year $3,408,366 · end of year $2,736,751

• 3 · Pledges and grants receivable

  beginning of year $6,772,628 · end of year $3,437,546

• 4 · Accounts receivable

  beginning of year $81,958 · end of year $190,793

• 8 · Inventories for sale or use

  beginning of year $0 · end of year $51,150

• 9 · Prepaid expenses and deferred charges

  beginning of year $294,679 · end of year $264,799

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

  $2,949,325

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

  $1,580,025

• 10c · Land, buildings and equipment, net

  beginning of year $1,119,858 · end of year $1,369,300

• 11 · Investments: publicly traded securities

  beginning of year $90,683 · end of year $100,559

• 15 · Other assets

  beginning of year $17,120,835 · end of year $17,579,741

• 17 · Accounts payable and accrued expenses

  beginning of year $1,062,578 · end of year $1,022,555

• 19 · Deferred revenue

  beginning of year $3,414,859 · end of year $4,235,712

• 25 · Other liabilities

  beginning of year $2,595,892 · end of year $2,371,949

• 27 · Net assets without donor restrictions

  beginning of year $5,481,888 · end of year $2,471,915

• 28 · Net assets with donor restrictions

  beginning of year $19,294,393 · end of year $17,530,978

The filer's explanations (Part III)

PART I, LINE 1A

THE CHIEF EXECUTIVE OFFICER AND MUSIC DIRECTOR EACH RECEIVE A TAXABLE HOUSING ALLOWANCE OF $33,000, WHICH IS INCLUDED IN FORM W2 WAGES.

PART I, LINE 7

DISCRETIONARY BONUSES ARE DETERMINED BY THE ORGANIZATION AND APPROVED BY THE BOARD.