Parlando Incorporated
- Assets
- $1.3m
- Revenue
- $2.0m
- Investments
- $0.0
- Employees
- 59
- Location
- Boulder, CO
- Founding
- 03/2003
- Data as of
- 07/2022
- EIN
- 81-0578549
Organization Overview
Parlando Incorporated is located in Boulder, CO. The organization was established in 2003. According to its NTEE Classification (A68) the organization is classified as: Music, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 07/2022, Parlando Incorporated employed 59 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Parlando Incorporated 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 07/2022, Parlando Incorporated generated $2.0m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.2% each year. All expenses for the organization totaled $1.2m during the year ending 07/2022. While expenses have increased by 1.6% per year over the past 7 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
MUSIC LESSONS AND CLASSES FOR ALL INSTRUMENTS, AGES AND ABILITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MUSIC LESSONS AND CLASSES FOR ALL INSTRUMENTS, AGES AND ABILITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Travis Laberge Executive Dir. | Officer | 40 | $90,187 |
Susan Churchill Treasurer | OfficerTrustee | 1 | $0 |
Aileen Schwab Chair | OfficerTrustee | 1 | $0 |
Rick Rudy Vice Chair | OfficerTrustee | 1 | $0 |
Carolyn Grant Trustee | Trustee | 1 | $0 |
Anne Shusterman Trustee | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $783,726 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $783,726 |
| Total Program Service Revenue | $1,247,606 |
| Investment income | $2,629 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,033,961 |
| 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. | $145,000 |
| Compensation of current officers, directors, key employees. | $21,750 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $525,044 |
| Pension plan accruals and contributions | $10,340 |
| Other employee benefits | $22,264 |
| Payroll taxes | $52,284 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $140,100 |
| Office expenses | $13,935 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $126,242 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $9,081 |
| Insurance | $9,141 |
| All other expenses | -$32,059 |
| Total functional expenses | $1,183,853 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $58,776 |
| Savings and temporary cash investments | $1,031,955 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $6,088 |
| Prepaid expenses and deferred charges | $137,985 |
| Net Land, buildings, and equipment | $38,263 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1 |
| Total assets | $1,273,068 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $91,275 |
| 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 | $91,275 |
| Net assets without donor restrictions | $1,181,793 |
| Net assets with donor restrictions | $0 |
| 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 | $1,273,068 |
Grants Recieved
Over the last fiscal year, we have identified 6 grants that Parlando Incorporated has recieved totaling $63,338.
| Awarding Organization | Amount |
|---|---|
Caruthers Family Foundation Denver, CO PURPOSE: GENERAL FUND | $20,000 |
The Community Foundation Boulder, CO PURPOSE: General operating support, Julie's Program, and music outreach for underserved schools | $16,000 |
Aec Trust Wilmington, DE PURPOSE: TUITION ASSISTANCE FUND FOR LOW-INCOME/ AT-RISK YOUTH | $10,000 |
Community First Foundation Arvada, CO PURPOSE: GENERAL PURPOSE | $9,698 |
Denver Foundation Denver, CO PURPOSE: ACCESSIBLE MUSIC EDUCATION OUTREACH FOR UNDERFUNDED DENVER SCHOOLS | $7,500 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $140 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Jazz At Aspen-Snowmass Aspen, CO | $5,325,438 | $11,239,996 |
Grand Teton Music Festival Inc Jackson, WY | $21,966,338 | $8,778,128 |
Colorado Music Festival Boulder, CO | $2,219,616 | $3,012,496 |
Amp The Cause Denver, CO | $134,793 | $2,222,228 |
Strings Music Festival Steamboat Springs, CO | $9,630,765 | $2,301,723 |
Swallow Hill Music Association Denver, CO | $6,215,784 | $6,402,960 |
Youth On Record Denver, CO | $1,879,684 | $1,486,408 |
Yfc Inc Omaha, NE | $650,534 | $1,235,325 |
Parlando Incorporated Boulder, CO | $1,273,068 | $2,033,961 |
Santa Fe Concert Association Santa Fe, NM | $379,174 | $1,132,324 |
Piano Technicians Guild Incorporated Kansas City, KS | $3,439,012 | $1,235,937 |
The Vail Jazz Foundation Inc Vail, CO | $1,001,642 | $1,276,123 |