Santa Fe Pro Musica Inc
- Assets
- $501.7k
- Revenue
- $918.8k
- Investments
- $0.0
- Employees
- 8
- Location
- Santa Fe, NM
- Founding
- 07/1980
- Data as of
- 07/2020
- EIN
- 85-0283203
Organization Overview
Santa Fe Pro Musica Inc is located in Santa Fe, NM. The organization was established in 1980. According to its NTEE Classification (A6C) the organization is classified as: Bands & Ensembles, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 07/2021, Santa Fe Pro Musica Inc employed 8 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Santa Fe Pro Musica Inc 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 07/2020, Santa Fe Pro Musica Inc generated $918.8k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 1.8% each year. All expenses for the organization totaled $954.0k during the year ending 07/2020. While expenses have increased by 2.5% per year over the past 6 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
SANTA FE PRO MUSICA BRINGS TOGETHER OUTSTANDING MUSICIANS TO INSPIRE AND EDUCATE AUDIENCES OF ALL AGES THROUGH THE PERFORMANCE OF GREAT MUSIC.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO FURTHER THE UNDERSTANDING AND APPRECIATION OF GREAT ART AND MUSIC THROUGH PERFORMANCE AND INSTRUCTION, INCLUDING YOUTH PROGRAMS AND CONCERTS.DUE TO LOCAL AND STATE HEALTH RESTRICTIONS ON PUBLIC GATHERINGS, SANTA FE PRO MUSICA WAS UNABLE TO PRESENT ANY PUBLIC CONCERTS DURING THE FISCAL YEAR, RESULTING IN ZERO PERFORMANCE INCOME
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mary Madigan Former Executive Director | 40 | $54,106 | |
Kristin Watson Vice President | OfficerTrustee | 3 | $0 |
Al Purdue Treasurer | OfficerTrustee | 3 | $0 |
Dylan O'reilly Secretary | OfficerTrustee | 3 | $0 |
Tim Terell President | OfficerTrustee | 5 | $0 |
Ed Kvet Trustee | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $574,508 |
| Investment income | $69 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $12,467 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $918,775 |
| Statement of Expenses | |
|---|---|
| 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. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $291,887 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $17,326 |
| Payroll taxes | $23,564 |
| 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 | $36,914 |
| Advertising and promotion | $82,483 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $47,356 |
| 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 | $6,191 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $953,976 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $115,542 |
| Savings and temporary cash investments | $95,337 |
| Pledges and grants receivable | $256,731 |
| 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 | $9,650 |
| Prepaid expenses and deferred charges | $10,933 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $501,673 |
| Accounts payable and accrued expenses | $6,105 |
| Grants payable | $0 |
| Deferred revenue | $38,418 |
| 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 | $90,700 |
| Total liabilities | $135,223 |
| Net assets without donor restrictions | $0 |
| 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 |
| Total liabilities and net assets/fund balances | $366,450 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Santa Fe Pro Musica Inc has recieved totaling $500.
| Awarding Organization | Amount |
|---|---|
Turnip Top Foundation Santa Fe, NM PURPOSE: SUPPORT 501CE ORGANIZATION | $500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Santa Fe Chamber Music Festival Ltd Santa Fe, NM | $1,291,052 | $2,691,404 |
Jazzbird Foundation Carefree, AZ | $371,107 | $1,611,890 |
Crossmen Productions Inc San Antonio, TX | $778,928 | $1,511,300 |
Ascend Performing Arts Inc Aurora, CO | $644,081 | $1,975,657 |
Santa Fe Pro Musica Inc Santa Fe, NM | $501,673 | $918,775 |
Texas Bandmasters Association Inc San Antonio, TX | $1,139,191 | $835,883 |
Still Water Foundation Durango, CO | $395,161 | $657,315 |
Arizona Friends Of Chamber Music Tucson, AZ | $1,259,691 | $434,592 |
Bandera County Junior Livestock Show Association Bandera, TX | $697,248 | $530,611 |
Bandera County Helping Hand Center Bandera, TX | $1,402,812 | $225,618 |
Houston Saengerbund Houston, TX | $4,613,712 | $574,373 |
Berkner Area Band Club Inc Richardson, TX | $88,792 | $278,485 |