Primavera Fund is located in Philadelphia, PA. According to its NTEE Classification (A20) the organization is classified as: Arts & Culture, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 08/2023, Primavera Fund employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Primavera Fund 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 08/2023, Primavera Fund generated $497.4k in total revenue. This represents relatively stable growth, over the past 2 years the organization has increased revenue by an average of 7.6% each year. All expenses for the organization totaled $448.3k during the year ending 08/2023. While expenses have increased by 3.3% per year over the past 2 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE PRIMAVERA FUND (THE "FUND") PROVIDES FUNDING AND MENTORING TO YOUNG MUSICIANS IN ELEMENTARY THROUGH HIGH SCHOOL, IN THE GREATER PHILADELPHIA AREA WHO LACK THE FINANCIAL WHEREWITHAL TO ENGAGE IN HIGH QUALITY MUSIC EDUCATION. THE FUND SUPPORTS ALL ASPECTS OF MUSIC EDUCATION, INCLUDING PRIVATE LESSON, YOUTH ORCHESTRA, CHAMBER MUSIC, MUSIC THEORY, AND SUMMER MUSIC CAMPS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EACH PRIMAVERA ARTIST IS EXPECTED TO PARTICIPATE IN SEVERAL ASPECTS OF EARLY MUSICAL EDUCATION. ALL STUDENTS TAKE WEEKLY PRIVATE LESSONS FROM A QUALIFIED INSTRUCTOR, SOMETIMES THAT IS AN INDEPENDENT TEACHER (CONTRACTOR) AND SOMETIMES THAT WILL BE WITH A TEACHER AT A MUSIC SCHOOL TO WHICH WE PAY TUITION. STUDENTS ALSO PARTICIPATE IN LARGE AND SMALL MUSIC ENSEMBLE ACTIVITIES AND THERE ARE MANY LOCAL YOUTH ORCHESTRA, CHAMBER MUSIC AND CHAMBER ORCHESTRA OPPORTUNITIES WHICH WE SUBSIDIZE FOR OUR STUDENTS. TO SUPPLEMENT THEIR MUSICAL EDUCATION SOME STUDENTS ALSO ADVANCE IN COMPOSITION AND THEORY, SOMETIMES WITH A PRIVATE INSTRUCTOR AND SOMETIMES AT A SCHOOL. STUDENTS ALSO PARTICIPATE IN MUSIC EDUCATION PROGRAMS DURING THE SUMMER MONTHS, USUALLY A CAMP OR FESTIVAL. COSTS FOR THESE ARE USUALLY TUITION AND FEES, AS WELL AS TRAVEL RELATED EXPENSES. IN ADDITION TO UNDERWRITING THE ABOVE STUDENT EXPERIENCES, THE PRIMAVERA FUND ALSO OFFERS GROUP AND INDIVIDUAL SUPPORT IN THE AREAS OF INSTRUMENTAL ADVANCEMENT, CAREER READINESS, AS WELL AS COLLEGE PREPAREDNESS AND SELECTION PROCESSES. STUDENTS ALSO TAKE ADVANTAGE OF SEMINARS AND CLINICS BY INVITED PRACTITIONERS, SOME OF WHICH ARE GEARED TOWARD ALUMNI, WHO NO LONGER RECEIVE FINANCIAL SUPPORT FROM THE PRIMAVERA FUND, BUT WHO CAN STILL USE OUR STAFF AS A CONSULTING RESOURCE. ON AN INDIVIDUAL LEVEL, STUDENTS PLAY JURIES THREE TIMES PER SEASON, AND THEIR PROGRESS IS ALSO TRACKED THROUGH REPORTS FROM THEIR PRIVATE TEACHERS. THEY CONSULT WITH THE PRIMAVERA DIRECTORS ON THEIR PROGRESS, DIRECTION AND AMBITIONS, AND DURING THEIR JUNIOR AND SENIOR YEARS RECEIVE GUIDANCE ON THE COLLEGE APPLICATIONS AND AUDITION PROCESS. WE ALSO COVER FEES AND TRAVEL EXPENSES FOR THE COLLEGE VISIT PROCESS. STUDENTS ALSO WORK WITH THE PRIMAVERA FUND STAFF TO SEEK OUT COMPETITIONS OR CONFERENCES THAT MAY FURTHER THEIR MUSICAL EDUCATION. SUPPLIES, SHEET MUSIC AND EQUIPMENT ARE APPROVED AND PURCHASED BY THE PRIMAVERA FUND STAFF.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Dorothy Mann Board Chair | OfficerTrustee | 5 | $0 |
Lyndsie Wilson Secretary | OfficerTrustee | 2 | $0 |
Chris Archer Treasurer | OfficerTrustee | 2 | $0 |
Catherine Beeson Board Member | Trustee | 2 | $0 |
Sophia Wisniewska Board Member | Trustee | 2 | $0 |
Richard Umbrecht Board Member | Trustee | 3 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $19,287 |
All other contributions, gifts, grants, and similar amounts not included above | $477,598 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $496,885 |
Total Program Service Revenue | $0 |
Investment income | $488 |
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 | $497,373 |
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. | $66,954 |
Compensation of current officers, directors, key employees. | $10,194 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $132,128 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $10,387 |
Payroll taxes | $15,995 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $5,551 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $80,244 |
Advertising and promotion | $1,977 |
Office expenses | $3,146 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $21,639 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $7,050 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $1,312 |
All other expenses | $0 |
Total functional expenses | $448,314 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $2,973 |
Savings and temporary cash investments | $50,488 |
Pledges and grants receivable | $10,244 |
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 | $0 |
Prepaid expenses and deferred charges | $1,966 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $65,671 |
Accounts payable and accrued expenses | $6,698 |
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 | $6,698 |
Net assets without donor restrictions | $8,973 |
Net assets with donor restrictions | $50,000 |
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 | $65,671 |