Samuel Vargas International Music Foundation Corporation
- Assets
- $2.0k
- Revenue
- $3.7k
- Investments
- $0.0
- Employees
- 0
- Location
- Columbus, GA
- Founding
- Data as of
- 12/2022
- EIN
- 85-0818317
Organization Overview
Samuel Vargas International Music Foundation Corporation is located in Columbus, GA. According to its NTEE Classification (A25) the organization is classified as: Arts Education, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Samuel Vargas International Music Foundation Corporation 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 12/2022, Samuel Vargas International Music Foundation Corporation generated $3.7k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 34.1% each year . All expenses for the organization totaled $2.6k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
OUTREACH CHRISTMAS CONCERT CARABOBO AND BARQUISIMETO FESTIVALS IS ONE VEHICLE IN WHICH MUSIC CAN BE SHARED WITHIN COMMUNITIES AND IT IS USUALLY BOTH A PERFORMANCE AND AN EDUCATIONAL OPPORTUNITY FOR THE PARTICIPANTS AND THE AUDIENCE. THERE WERE 3 MAIN MODALITIES FOR OUTREACH IN 2022. 1. CHRISTMAS CONCERT - ONLINE STREAMING 2. VENEZUELA SUMMER FESTIVALS - WORKSHOPS MASTERCLASSES AND REHEARSALS WITH A 1-WEEK IN-PERSON ASPECT WITHIN 2 CITIES OF VENEZUELA. 3. OUTREACH CONCERTS BY THE SV SCHOLARS PROGRAM - VISITING SCHOOLS OTHER EDUCATIONAL FACILITIES AND ASSISTED LIVING HOMES. PERFORMING AS SOLOISTS AT LOCAL VENUES AND WITH LOCAL ORCHESTRAS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Elena Kolbrek Treasurer Ed | 20 | $0 | |
Samuel Abraham Vargas President | 20 | $0 | |
Boris Abramov Vice President | 1 | $0 | |
Diego Piedra Director | 1 | $0 | |
Nathaniel Parker Director | 3 | $0 | |
Jennifer Banks Secretary | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $3,660 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $3,660 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $800 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $300 |
| Printing and publications | $234 |
| Other expenses | $1,286 |
| Total operating and administrative expenses | $2,620 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $2,620 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,040 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $2,040 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |