San Bernardino Valley Concert Association is located in San Bernardino, CA. The organization was established in 1966. 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. San Bernardino Valley Concert Association 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 06/2023, San Bernardino Valley Concert Association generated $193.5k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 14.3% each year . All expenses for the organization totaled $344.0k during the year ending 06/2023. 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
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
ESTABLISHMENT OF CULTURAL CENTER TO SPONSOR PROMOTE AND SUSTAIN THE ARTS TO MEMBERS OF THE SURROUNDING COMMUNITIES
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Margaret Worsley Member | 2 | $0 | |
Anne Viricel Member | 2 | $0 | |
Mark Adelson Vice President | 2 | $0 | |
Angie Balderas Member | 0 | $0 | |
Judy Maculsay Member | 0 | $0 | |
Tim Garcia Treasurer | 0 | $0 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $66,362 |
| Interest on Savings | $38,546 |
| 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 | $88,579 |
| Total Revenue | $193,487 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $26,478 |
| Depreciation | $19,008 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $274,583 |
| Total operating and administrative expenses | $344,035 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $344,035 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | -$13,870 |
| Savings and temporary cash investments | $1,283,668 |
| 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 | $176,614 |
| Other assets | $196 |
| Total assets | $1,446,608 |
| Accounts payable and accrued expenses | -$5,156 |
| 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 | -$5,156 |
Over the last fiscal year, San Bernardino Valley Concert Association has awarded $5,600 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
GENERATION NOW PURPOSE: PROMOTE EMPOWERMENT IN SAN BERNARDINO | $5,000 |
IEMA PURPOSE: PROMOTE MEDIA IN SAN BERNARDINO | $500 |
COMMUNITY FOUNDATION PURPOSE: DIENA MARTINEZ FUND | $100 |