El Sistema Usa Salinas Inc
- Assets
- $401.1k
- Revenue
- $473.8k
- Investments
- $0.0
- Employees
- 30
- Location
- Salinas, CA
- Founding
- 10/2010
- Data as of
- 06/2021
- EIN
- 27-2306206
Organization Overview
El Sistema Usa Salinas Inc is located in Salinas, CA. The organization was established in 2010. 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 06/2021, El Sistema USA Salinas Inc employed 30 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. El Sistema USA Salinas 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 06/2021, El Sistema USA Salinas Inc generated $473.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (6.6%) each year. All expenses for the organization totaled $511.9k during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (2.5%) per year over the past 7 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE CLASSICAL MUSIC EDUCATION TO AT-RISK CHILDREN IN THE SALINAS COMMUNITY
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION'S MISSION IS TO PROVIDE A CLASSICAL ORCHESTRAL MUSIC PROGRAM FOR AT-RISK CHILDREN IN THE SALINAS COMMUNITY. TO THIS END, IT CONDUCTS SUMMER AND AFTER-SCHOOL MUSIC PROGRAMS, INCLUDING PROGRAMS IN PUBLIC SCHOOLS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Colleen Bailey Governor | OfficerTrustee | 5 | $0 |
Monika Macias Chairperson | OfficerTrustee | 5 | $0 |
Cheryl Camany Vice Chair | OfficerTrustee | 5 | $0 |
Chris Steinbruner Director | Trustee | 5 | $0 |
Joanne Taylor Founder | Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $411,163 |
| Investment income | $1 |
| 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 | $473,764 |
| 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. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $336,875 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $29,716 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $917 |
| Fees for services: Accounting | $13,545 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $175 |
| Fees for services: Other | $39,037 |
| Advertising and promotion | $2,910 |
| Office expenses | $4,968 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $24,401 |
| 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 | $9,334 |
| Insurance | $12,507 |
| All other expenses | $0 |
| Total functional expenses | $511,933 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $386,502 |
| Savings and temporary cash investments | $0 |
| 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 | $1,029 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $401,133 |
| 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 | $213,409 |
| Other liabilities | $0 |
| Total liabilities | $213,409 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| 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 | $187,724 |
Grants Recieved
Over the last fiscal year, we have identified 7 grants that El Sistema Usa Salinas Inc has recieved totaling $112,559.
| Awarding Organization | Amount |
|---|---|
Quest Foundation Danville, CA PURPOSE: COMMITTED TO SOCIAL CHANGE IN OUR YOUTH AND COMMUNITIES THROUGH THE INSPIRATION, DISCIPLINE, AND PERFORMANCE OF ORCHESTRAL MUSIC. | $50,000 |
Nancy Buck Ransom Foundation Monterey, CA PURPOSE: OPERATING SUPPORT | $30,000 |
Community Foundation Santa Cruz County Aptos, CA PURPOSE: EDUCATION/YOUTH DEVELOPMENT | $10,000 |
Morgan Stanley Global Impact Funding Trust Inc Indianapolis, IN PURPOSE: UNRESTRICTED GENERAL SUPPORT | $10,000 |
Pebble Beach Company Foundation Pebble Beach, CA PURPOSE: General Support | $7,500 |
Dunspaugh-Dalton Foundation Inc Coral Gables, FL PURPOSE: GENERAL SUPPORT | $5,000 |
Endowment Analysis
| Beg. Balance | $25,000 |
| Ending Balance | $25,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Musicares Foundation Inc Santa Monica, CA | $28,828,154 | $32,357,649 |
San Francisco Jazz Organization San Francisco, CA | $64,965,614 | $11,913,007 |
Music Concourse Community Partnership San Francisco, CA | $31,271,076 | $4,428,131 |
Berkeley Music Group Berkeley, CA | $6,181,022 | $4,579,247 |
Kronos Performing Arts Assn San Francisco, CA | $1,591,460 | $2,774,082 |
Monterey Jazz Festival Monterey, CA | $3,593,346 | $4,129,138 |
Mosier Community School Foundation Inc Mosier, OR | $3,936,713 | $2,235,279 |
Carmel Bach Festival Inc Carmel, CA | $1,675,160 | $2,099,477 |
Camerata Pacifica Santa Barbara, CA | $1,526,106 | $1,221,933 |
American Bach Soloists San Francisco, CA | $908,845 | $1,282,181 |
Music For Minors Inc San Carlos, CA | $710,130 | $1,519,051 |
New West Symphony Association Thousand Oaks, CA | $774,216 | $1,642,962 |