California Music Center
- Assets
- $331.6k
- Revenue
- $195.0k
- Investments
- $0.0
- Employees
- 2
- Location
- San Francisco, CA
- Founding
- 07/1975
- Data as of
- 09/2023
- EIN
- 51-0138643
Organization Overview
California Music Center is located in San Francisco, CA. The organization was established in 1975. According to its NTEE Classification (A60) the organization is classified as: Performing Arts, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 09/2023, California Music Center employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. California Music Center is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 09/2023, California Music Center generated $195.0k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 3.9% each year. All expenses for the organization totaled $177.1k during the year ending 09/2023. While expenses have increased by 1.5% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO SEEK AND NURTURE EXCEPTIONAL YOUNG STRING MUSICIANS, FOSTER AND FURTHER THEIR PERFORMANCE AND PROFESSIONAL SKILLS DEVELOPMENT, AND PROVIDE THEM WITH PERFORMANCE OPPORTUNITIES AND MONETARY SUPPORT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SINCE 1986, THE IRVING M. KLEIN INTERNATIONAL STRING COMPETITION HAS ATTRACTED SOME OF THE WORLD'S FINEST YOUNG STRING PLAYERS TO SAN FRANCISCO EACH JUNE TO COMPETE FOR CASH PRIZES AND PERFORMANCE CONTRACTS WITH NORTHERN CALIFORNIA ORCHESTRAS, SYMPHONIES AND CHAMBER SERIES TOTALING OVER 30,000. THE KLEIN COMPETITION HAS ACHIEVED INTERNATIONAL RECOGNITION AS ONE OF THE MOST PRESTIGIOUS CLASSICAL MUSIC COMPETITIONS, RECOGNIZED FOR THE HIGH CALIBER OF THE CONTESTANTS, ITS UNIQUE, NURTURING ENVIRONMENT, AND ITS COMMITMENT TO THE COMMISSIONING OF NEW WORKS.
WE PRODUCE SEVERAL CHAMBER CONCERTS FEATURING KLEIN LAUREATES IN BOTH VIRTUAL AND IN-PERSON SETTINGS IN NORTHERN CALIFORNIA. THESE INTIMATE RECITALS SHOWCASE THE TALENT THAT COMES OUT OF THE KLEIN COMPETITION WHILE CONNECTING WITH WIDER AUDIENCES ON A REGULAR BASIS THROUGHOUT THE YEAR.
EDUCATION AND OUTREACH ACTIVITIES FEATURE KLEIN LAUREATES AND RENOWNED TEACHERS FROM THE BEST CONSERVATORIES IN PUBLIC MASTER CLASSES, ASSEMBLIES AND CLASSROOM VISITS TO SCHOOLS AND COMMUNITY CENTERS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Katherine Cass President | OfficerTrustee | 1 | $0 |
Stephanie Leung Vice Preside | OfficerTrustee | 1 | $0 |
Nathan Homka Secretary | OfficerTrustee | 1 | $0 |
Kevin Jim Treasurer | OfficerTrustee | 1 | $0 |
Marcy Straw Executive Di | Officer | 20 | $47,160 |
Kathie Lowry Director | Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $19,469 |
| Related organizations | $0 |
| Government grants | $35,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $81,067 |
| Noncash contributions included in lines 1a–1f | $11,604 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $135,536 |
| Total Program Service Revenue | $33,185 |
| Investment income | $5,199 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $12,101 |
| Net Income from Fundraising Events | $8,993 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $195,014 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $45,619 |
| Compensation of current officers, directors, key employees. | $9,124 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $3,213 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $3,348 |
| Payroll taxes | $3,944 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,222 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $34,101 |
| Advertising and promotion | $7,127 |
| Office expenses | $3,603 |
| Information technology | $488 |
| Royalties | $0 |
| Occupancy | $12,401 |
| Travel | $11,570 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $45,798 |
| Interest | $1,664 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $2,037 |
| All other expenses | $0 |
| Total functional expenses | $177,135 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $63,063 |
| Savings and temporary cash investments | $267,322 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,246 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $331,631 |
| Accounts payable and accrued expenses | $1,152 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $1,152 |
| Net assets without donor restrictions | $317,597 |
| Net assets with donor restrictions | $12,882 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $331,631 |