Central Texas Musical Arts
- Assets
- $67.0k
- Revenue
- $49.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Austin, TX
- Founding
- Data as of
- 12/2023
- EIN
- 87-1366422
Organization Overview
Central Texas Musical Arts, operating under the name Bluebonnet Philharmonic Orch &, is located in Austin, TX. According to its NTEE Classification (A69) the organization is classified as: Symphony Orchestras, 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. Bluebonnet Philharmonic Orch & 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 12/2023, Bluebonnet Philharmonic Orch & generated $49.0k 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 (10.5%) each year. All expenses for the organization totaled $34.3k during the year ending 12/2023. 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
PROVIDE AN OPPORTUNITY FOR MUSICIANS TO UTILIZE AND DEVELOP THEIR SKILLS IN A QUALITY PROFESSIONAL ENVIRONMENT; TEACH BOTH THE TECHNICAL AND HISTORICAL ASPECTS OF MUSIC PERFORMANCES TO PARTICIPANTS AND AUDIENCES; AND PERFORM FOR THE BENEFIT AND EDUCATION OF CENTRAL TX AUDIENCES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
AS THE ORCHESTRA FOR THIS ORGANIZATION, BLUEBONNET PHILHARMONIC ORCHESTRA PERFORMED 8 CONCERTS AT VARIOUS VENUES IN LOCAL COMMUNITIES. TWO CONCERTS WERE PERFORMED OUTDOORS AT LOCAL PARKS THAT THEY HAD NOT PERFORMED AT BEFORE. THE OTHER 6 CONCERTS WERE PERFORMED ON SATURDAY EVENINGS OR ON SUNDAY AFTERNOONS. EACH CONCERT WEEKEND HAD A SPECIFIC THEME AND PROVIDED A VARIETY OF MUSIC SELECTIONS. TO ADDRESS THE LIMITED OPPORTUNITY FOR CONDUCTORS TO CONDUCT AN ORCHESTRA, CENTRAL TEXASMUSCIAL ARTS STARTED A ONE YEAR CONDUCTING FELLOWSHIP IN SEPTEMBER, 2023.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ellen Skoviera Officer At Large | OfficerTrustee | 3 | $0 |
Kalyn Williams Vice President | OfficerTrustee | 4 | $0 |
Marc Lowe Former President | OfficerTrustee | 7 | $0 |
Danny Snyder President | OfficerTrustee | 25 | $0 |
Brian Ward Secretary | OfficerTrustee | 8 | $0 |
Carol Snyder Treasurer | OfficerTrustee | 15 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $3,540 |
| Fundraising events | $1,320 |
| Related organizations | $0 |
| Government grants | $5,194 |
| All other contributions, gifts, grants, and similar amounts not included above | $25,125 |
| Noncash contributions included in lines 1a–1f | $1,221 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $35,179 |
| Total Program Service Revenue | $13,107 |
| Investment income | $65 |
| 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 | $48,983 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| 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 | $815 |
| Office expenses | $808 |
| Information technology | $296 |
| Royalties | $857 |
| Occupancy | $4,382 |
| Travel | $727 |
| 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 | $2,777 |
| Insurance | $1,450 |
| All other expenses | $0 |
| Total functional expenses | $34,292 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,756 |
| Savings and temporary cash investments | $40,238 |
| 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 | $116 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $22,898 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $67,008 |
| Accounts payable and accrued expenses | $8,021 |
| 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 | $8,021 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $44,109 |
| Paid-in or capital surplus, or land, building, or equipment fund | $22,898 |
| Retained earnings, endowment, accumulated income, or other funds | -$8,020 |
| Total liabilities and net assets/fund balances | $67,008 |