San Antonio International Piano Competition is located in San Antonio, TX. San Antonio International Piano Competition 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 12/2016, San Antonio International Piano Competition generated $87.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (15.1%) each year. All expenses for the organization totaled $154.3k during the year ending 12/2016. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2016
Describe the Organization's Program Activity:
Part 3
SAIPC ORGANIZES AND HOSTS A PIANO COMPETITION THAT TAKES PLACE EVERY FOUR YEARS. DURING THE EVENT, COMPETITORS FROM ALL OVER THE WORLD COMPETE FOR CASH AND PERFORMANCE PRIZES BEFORE A PANEL OF INTERNATIONALLY RENOWNED JUDGES. IN MOST CASES, THE WINNERS HAVE GONE ON TO IMPRESSIVE PERFORMANCE AND TEACHING CAREERS ON THE WORLD STAGE. BETWEEN COMPETITION YEARS, THE ORGANIZATION IS INVOLVED IN PROMOTION AND FUNDRAISING THE EVENT. WE AT SAIPC ARE PROUD OF OUR EDUCATION PROGRAM. OUR AMBASSADORS PROGRAM SERVES TO BRING THE POWER AND BEAUTY OF CLASSICAL PIANO TO THE SAN ANTONIO COMMUNITY AND PROVIDE 5 TO 10 YOUNG AND GIFTED SAN ANTONIO AREA PIANISTS WITH A SET OF CONCERT OPPORTUNITIES TO BUILD THEIR PERFORMANCE SKILLS. WE PROVIDE MASTER CLASSES FOR AMBASSADORS, ANNUAL AMBASSADOR PERFORMANCES, SENIOR TOUR (RETIREMENT COMMUNITIES AND NURSING FACILITIES), COMMUNITY TOUR (KING WILLIAMS, HAVEN FOR HOPE, AND OTHERS), AND OPENING PERFORMANCES AT OTHER SAIPC CONCERT EVENTS. THERE IS NO ADMISSION CHARGE AND THE PROGRAM'S TOTAL ATTENDENCE TARGET IS OVER 1,000.SAIPC'S INTERNATIONAL PIANO SERIES IS THE ONLY LOCAL SERIES ESPECIALLY DESIGNED TO FEATURE PIANO PERFORMANCE. HUNDREDS OF SAN ANTONIANS HAVE TAKEN ADVANTAGE OF THIS SERIES, WHICH FEATURES TOP ARTISTS FROM AROUND THE COUNTRY.THE BOARD OF DIRECTORS DEDICATE AMPLE VOLUNTEER HOURS IN ORDER TO MEET THE ORGANIZATION'S GOALS. A NUMBER OF VOLUNTEERS DONATED APPROXIMATELY 2,000 AND 2,040 HOURS TO THE ORGANIZATION'S PROGRAM SERVICES DURING THE YEARS ENDED DECEMBER 31, 2015 AND 2014, RESPECTIVELY; HOWEVER, THESE DONATED SERVICES ARE NOT REFLECTED IN THE REVENUES AND EXPENSES OF THE ORGANIZATION. THE APPROXIMATE VALUE FOR THESE SERVICES WAS $66,000 AND $67,000 FOR THE YEARS ENDED DECEMBER 31, 2015 AND 2014, RESPECTIVELY.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Robert Cruise Trustee | 1 | $0 | |
Anne Johnson Trustee | 12 | $0 | |
Muriel Leafstedt Trustee | 2 | $0 | |
Margaret Priesmeyer Trustee | 2 | $0 | |
Terresa Stallworth MD Trustee | 1 | $0 | |
Kenneth Thompson Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $64,978 |
Total Program Service Revenue | $22,916 |
Membership dues | $0 |
Investment income | $14 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $87,343 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $15,834 |
Professional fees and other payments to independent contractors | $1,100 |
Occupancy, rent, utilities, and maintenance | $1,123 |
Printing, publications, postage, and shipping | $818 |
Other expenses | $135,446 |
Total expenses | $154,321 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $47,157 |
Other assets | $0 |
Total assets | $47,338 |
Total liabilities | $0 |
Net assets or fund balances | $47,338 |