The Perlman Music Program Suncoast Inc is located in Sarasota, FL. The organization was established in 2008. 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 06/2023, Perlman Music Program Suncoast Inc employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Perlman Music Program Suncoast 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 06/2023, Perlman Music Program Suncoast Inc generated $750.2k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (2.6%) each year. All expenses for the organization totaled $871.9k during the year ending 06/2023. As we would expect to see with falling revenues, expenses have declined by (0.6%) per year over the past 8 years. 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 PERLMAN MUSIC PROGRAM/SUNCOAST ENCOURAGES ARTISTIC DEVELOPMENT AND CAMARADERIE AMOUNG YOUNG INTERNATIONAL STRING MUSICIANS VIA A NURTURING NON-COMPETITIVE WORLD-RENOWNED MUSIC EDUCATION PROGRAM.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE PERLMAN MUSIC PROGRAM/SUNCOAST ENCOURAGES ARTISTIC DEVELOPMENT AND CAMARADERIE AMOUNG YOUNG INTERNATIONAL STRING MUSICIANS VIA A NURTURING NON-COMPETITIVE WORLD-RENOWNED MUSIC EDUCATION PROGRAM. PMP/SUNCOAST ENSURES ITS CONTINUED GROWTH AND VIABILITY THROUGH CULTIVATING REGIONAL AND NATIONAL PARTICIPATION AND SUPPORT BY OFFERING PREMIER CULTURAL AND EDUCATIONAL OUTREACH PROGRAMS, WORLD-CLASS PERFORMANCES, AND EVENTS IN SARASOTA AND ITS SURROUNDING COMMUNITIES.
THE PERLMAN MUSIC PROGRAM/SUNCOAST EDUCATION OUTREACH PROGRAM SERVES THE MUSIC PROGRAMS OF SARASOTA AND MANATEE COUNTY SCHOOLS BY PRESENTING PERLMAN MUSIC PROGRAM ALUMNI AS TEACHING ARTISTS AND PERFORMERS FOR CURRICULUM-BASED IN-SCHOOL EXPERIENCES WHICH INCLUDE PERFORMANCES AND INTERACTIVE, HANDS-ON TRAINING FOR ORCHESTRA CLASSES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Tim Gruters President | OfficerTrustee | 4 | $0 |
Fran Lambert Past Preside | Trustee | 1 | $0 |
Lisa Berger Executive Di | OfficerTrustee | 40 | $96,000 |
Jack Braverrman VP Administr | OfficerTrustee | 1 | $0 |
Clint Mallard VP Administr | OfficerTrustee | 1 | $0 |
Theodore E Gast VP Developme | OfficerTrustee | 1 | $0 |
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 | $768,175 |
Noncash contributions included in lines 1a–1f | $229,913 |
Total Revenue from Contributions, Gifts, Grants & Similar | $768,175 |
Total Program Service Revenue | $0 |
Investment income | -$17,961 |
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 | $750,214 |
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 | $177,372 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $13,965 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $4,200 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $9,431 |
Advertising and promotion | $32,699 |
Office expenses | $5,323 |
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 | $126 |
Insurance | $3,847 |
All other expenses | $10,761 |
Total functional expenses | $871,896 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $14,557 |
Savings and temporary cash investments | $134,045 |
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 |
Net Land, buildings, and equipment | $714 |
Investments—publicly traded securities | $515,945 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $665,261 |
Accounts payable and accrued expenses | $0 |
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 | $16,262 |
Total liabilities | $16,262 |
Net assets without donor restrictions | $105,542 |
Net assets with donor restrictions | $543,457 |
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 | $665,261 |