Steinway Society Of Riverside County
- Assets
- $264.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Rancho Mirage, CA
- Founding
- 03/2005
- Data as of
- 06/2021
- EIN
- 33-1091628
Organization Overview
Steinway Society Of Riverside County is located in Rancho Mirage, CA. The organization was established in 2005. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Steinway Society Of Riverside County 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, Steinway Society Of Riverside County generated $70.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (11.2%) each year. All expenses for the organization totaled $91.1k during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (8.1%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
THROUGH PIANO PERFORMANCES, KEYBOARD COMPETIONS,MUSIC EDUCATION AND SCHOLARSHIP, THE STEINWAY SOCIETY ATTEMPS TO BUILD AND AUDIANCE FOR THE MUSICAL ARTS IN RIVERSIDE COUNTY
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mark Tylor Treasure | 10 | $0 | |
James Mccormick VP Music Awards | 10 | $0 | |
Ruth Moir Chairman | 40 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $62,428 |
| Total Program Service Revenue | $0 |
| Membership dues | $4,725 |
| Investment income | $3,809 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | -$240 |
| Other Revenue | $0 |
| Total Revenue | $70,722 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $91,061 |
| Total expenses | $91,061 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $264,016 |
| Other assets | $0 |
| Total assets | $264,016 |
| Total liabilities | $0 |
| Net assets or fund balances | $264,016 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Steinway Society Of Riverside County has recieved totaling $19,850.
| Awarding Organization | Amount |
|---|---|
Inland Empire Community Foundation Riverside, CA PURPOSE: Flexible operating funds to help nonprofits survive the impacts of COVID-19 | $16,350 |
Grace Helen Spearman Foundation Palm Springs, CA PURPOSE: TO MAXIMIZE THE MUSICAL EDUCATION OPPORTUNITIES OF THE YOUTH IN COACHELLA VALLEY | $3,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Foundation For Global Sports Development Los Angeles, CA | $28,471,591 | $19,690,244 |
Ressler Gertz Foundation Encino, CA | $41,227,955 | $63,459,065 |
Basic Fund Oakland, CA | $23,987,500 | $9,637,782 |
The Roddenberry Foundation Sherman Oaks, CA | $90,372,865 | $11,204,960 |
Scholarship Foundation Of Santa Barbara Santa Barbara, CA | $64,291,323 | $9,987,149 |
Bettye Poetz Ferguson Foundation San Francisco, CA | $18,979,772 | $3,373,943 |
Arizona Private Education Scholarship Fund Inc Scottsdale, AZ | $4,340,429 | $7,500,005 |
Gilead Sciences Foundation Foster City, CA | $126,155,891 | $168,265,797 |
Draper Foundation San Mateo, CA | $195,149,192 | $78,341,825 |
School Choice Arizona Inc Chandler, AZ | $10,615,298 | $8,926,972 |
College Success Arizona Phoenix, AZ | $19,037,884 | $6,349,882 |
Orange Coast College Foundation Costa Mesa, CA | $45,211,375 | $13,270,788 |