Seasonal Music Festival
- Assets
- $822.9k
- Revenue
- $446.5k
- Investments
- $0.0
- Employees
- 29
- Location
- Yakima, WA
- Founding
- 10/2005
- Data as of
- 12/2021
- EIN
- 20-3242324
Organization Overview
Seasonal Music Festival is located in Yakima, WA. The organization was established in 2005. According to its NTEE Classification (A68) the organization is classified as: Music, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2022, Seasonal Music Festival employed 29 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Seasonal Music Festival 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, Seasonal Music Festival generated $446.5k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.6% each year. All expenses for the organization totaled $521.7k during the year ending 12/2021. While expenses have increased by 8.9% per year over the past 7 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE SEASONS IS A SPECIAL VENUE IN DOWNTOWN YAKIMA WHERE MUSIC PERFORMANCE SHARES CENTER STAGE WITH MUSIC EDUCATION AND VARIOUS CULTURAL EVENTS. THE SEASONS PRESENTS MUSIC OF ALL GENRES AND TAKES SPECIAL PRIDE IN PRESENTING CLASSICAL AND JAZZ MUSIC IN OUR INTIMATE SETTING WITH ACCLAIMED NATURAL ACOUSTICS. THE SEASONS PROVIDES MUSIC EDUCATION OF LOCAL, REGIONAL, AND NATIONAL SIGNIFICANCE THROUGH MUSICAL PERFORMANCES, OUTREACH TO SCHOOLS, AND DEVELOPMENT OF LOCAL TALENT. THE SEASONS IS COMMITTED TO ENRICHING THE ENTIRE COMMUNITY, HELPING TO FOSTER A THRIVING DOWNTOWN.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDED 69 MUSICAL CONCERTS DURING THE YEAR.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John P Strosahl Executive Direc | Officer | 40 | $51,541 |
John Gasperetti Director | Trustee | 5 | $0 |
Susan Beehler President | OfficerTrustee | 5 | $0 |
Megan Nobbs Secretary | OfficerTrustee | 5 | $0 |
Chris Bruya Director | Trustee | 5 | $0 |
John Caudill Director | Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $294,828 |
| Investment income | $9 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | -$10,780 |
| 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 | $19,418 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $446,530 |
| Statement of Expenses | |
|---|---|
| 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. | $44,000 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $122,378 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $14,621 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $6,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $27,099 |
| Office expenses | $10,576 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $15,564 |
| 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 | $27,216 |
| Insurance | $5,883 |
| All other expenses | $0 |
| Total functional expenses | $521,694 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $23 |
| 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 | $0 |
| Prepaid expenses and deferred charges | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $822,944 |
| Accounts payable and accrued expenses | $24,242 |
| 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 | $84,678 |
| Secured mortgages and notes payable | $94,623 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $203,543 |
| Net assets without donor restrictions | $619,378 |
| Net assets with donor restrictions | $23 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | $619,401 |