Sweetwater Music Hall Inc
- Assets
- $486.1k
- Revenue
- $258.3k
- Investments
- $0.0
- Employees
- 1
- Location
- Mill Valley, CA
- Founding
- Data as of
- 12/2021
- EIN
- 85-1994102
Organization Overview
Sweetwater Music Hall Inc is located in Mill Valley, CA. According to its NTEE Classification (A68) the organization is classified as: Music, 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. Sweetwater Music Hall 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 12/2021, Sweetwater Music Hall Inc generated $258.3k 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 (7.6%) each year. All expenses for the organization totaled $62.3k during the year ending 12/2021. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO FURTHER THE APPECIATION OF VARIOUS FORMS OF TRADITIONAL AND INNOVATIVE MUSIC THROUGH THE PRODUCTION OF PERFORMANCES AND EDUCATION PROGRAMS FOR YOUTH AND ADULTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION IS DEDICATED TO PRESENTING A VIBRANT AND DIVERSE RANGE OF PERFORMERS TO ADVANCE THE UNDERSTANDING AND APPRECIATION OF A VARIETY OF MUSIC AND CULTURES. THE ORGANIZATION WAS FORMED IN JULY 2020 WHEN, DUE TO THE COVID-19 PANDEMIC, LIVE PERFORMANCES WERE PROHIBITED. DURING 2020 AND 2021, THE ORGANIZATION WAS ABLE TO PRESENT ONLY A FEW LIMITED ONLINE STREAMING MUSICAL PROGRAMS.
THE ORGANIZATION IS ALSO DEVOTED TO SUPPORTING THE BAY AREA'S ROBUST GROUP OF NONPROFIT ARTS AND SERVICE ORGANIZATIONS THROUGH A COLLABORATIVE NETWORK OF COMMUNITY PARTNERS WITH EXISTING EDUCATION, HEALTH, YOUTH DEVELOPMENT, PERFORMING ARTS, MUSIC AND OTHER NONPROFITS TO HELP THEM WITH THEIR FUNDRAISING GOALSTHROUGH EVENTS AT THE MUSIC HALL.
SWEETWATER MUSIC HALL'S LIVE PERFORMANCES AND EDUCATION PROGRAMS INFORM AND INSPIRE THE COMMUNITY ABOUT VARIOUS FORMS OF TRADITIONAL MUSIC, PARTICULARLY AMERICAN MUSIC OF THE 20TH CENTURY SUCH AS ROOTS, AMERICANA, FOLK, ROCK, BLUES, BLUEGRASS AND ETHNIC MUSIC REFLECTING THE CULTURAL DIVERSITY OF MARIN COUNTY AND THE GREATER SAN FRANCISCO BAY AREA AND SERVE TO HELP KEEPTHESE VARIED TRADITIONAL FORMS OF MUSIC VITAL AND ALIVE FOR FUTURE GENERATIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Maggie O'donnell Vp/secretary | Officer | 10 | $0 |
Dennis Fisco President | Officer | 5 | $0 |
Rich Robbins Vice President | Officer | 5 | $0 |
Chris Moscone Vp/treasurer | Officer | 5 | $0 |
Paul Winston Board Member | Trustee | 1 | $0 |
Michael Klein Chairman | 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 | $253,567 |
| Noncash contributions included in lines 1a–1f | $44,743 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $253,567 |
| Total Program Service Revenue | $4,000 |
| Investment income | $1,601 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$901 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $258,267 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $23,904 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $2,116 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $3,888 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $20,185 |
| Advertising and promotion | $2,322 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| 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 | $2,788 |
| Insurance | $1,100 |
| All other expenses | $213 |
| Total functional expenses | $62,309 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $220,932 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $184,204 |
| 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 | $80,949 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $486,085 |
| Accounts payable and accrued expenses | $12,191 |
| 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 | $12,191 |
| 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 |
| Retained earnings, endowment, accumulated income, or other funds | $473,894 |
| Total liabilities and net assets/fund balances | $486,085 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Sweetwater Music Hall Inc has recieved totaling $100,000.
| Awarding Organization | Amount |
|---|---|
Sam W Klein Charitable Foundation Inc Boca Raton, FL PURPOSE: MUSIC EDUCATION | $50,000 |
Paul L Wattis Foundation San Francisco, CA PURPOSE: SUPPORT GENERAL OPERATIONS | $50,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Music Concourse Community Partnership San Francisco, CA | $31,271,076 | $4,428,131 |
Berkeley Music Group Berkeley, CA | $6,181,022 | $4,579,247 |
Kronos Performing Arts Assn San Francisco, CA | $1,591,460 | $2,774,082 |
Monterey Jazz Festival Monterey, CA | $3,593,346 | $4,129,138 |
Mosier Community School Foundation Inc Mosier, OR | $3,936,713 | $2,235,279 |
Carmel Bach Festival Inc Carmel, CA | $1,675,160 | $2,099,477 |
Camerata Pacifica Santa Barbara, CA | $1,526,106 | $1,221,933 |
American Bach Soloists San Francisco, CA | $908,845 | $1,282,181 |
Music For Minors Inc San Carlos, CA | $710,130 | $1,519,051 |
New West Symphony Association Thousand Oaks, CA | $774,216 | $1,642,962 |
Hiphopforchange Inc Oakland, CA | $676,196 | $1,628,580 |
Young Musicians Foundation Los Angeles, CA | $1,322,376 | $1,133,587 |