Walden School
- Assets
- $992.5k
- Revenue
- $1.2m
- Investments
- $0.0
- Employees
- 39
- Location
- San Francisco, CA
- Founding
- 05/2010
- Data as of
- 09/2023
- EIN
- 35-2374612
Organization Overview
Walden School is located in San Francisco, CA. The organization was established in 2010. According to its NTEE Classification (A6E) the organization is classified as: Performing Arts Schools, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 09/2023, Walden School employed 39 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Walden School 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 09/2023, Walden School generated $1.2m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.4% each year. All expenses for the organization totaled $1.2m during the year ending 09/2023. While expenses have increased by 6.2% 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO INSPIRE ARTISTIC EXPRESSION AND PERSONAL GROWTH THROUGH EXPERIENTIAL MUSIC PROGRAMS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE WALDEN SCHOOL YOUNG MUSICIANS PROGRAM PROVIDES AN UNPARALLELED CREATIVE SUMMER EXPERIENCE FOR MUSICALLY INCLINED STUDENTS AGES 9 TO 19. PART SCHOOL, PART CAMP, AND PART FESTIVAL, THE PROGRAM CONVENES EACH SUMMER FOR FIVE WEEKS IN DUBLIN, NH. THROUGH RIGOROUS AND INNOVATIVE DAILY INSTRUCTION, STUDENTS HONE THEIR MUSICAL AND CREATIVE SKILLS WITHIN A SUPPORTIVE COMMUNITY OF LIKE-MINDED PEERS AND MENTORS.
THE WALDEN SCHOOL'S MUSICIANSHIP COURSE UPDATE WAS UNDERTAKEN IN FY2023, DESIGNED TO ENCOURAGE STUDENTS TO USE THE MATERIALS THEY STUDY TO CREATE IMPROVISATORY WORKS AND ORIGINAL COMPOSITIONS. THE METHOD NOT ONLY ENHANCES STUDENTS' MUSICAL SKILLS, BUT ALSO DEVELOPS A SENSE OF CREATIVE INDIVIDUALITY IN EXTRA-MUSICAL PURSUITS.
THE WALDEN SCHOOL CREATIVE MUSICIANS RETREAT (CMR) OFFERS TRAINING AND DEVELOPMENT OPPORTUNITIES FOR THE WELL-ROUNDED MUSICIANS (AGES 18+). AT THE CREATIVE MUSICIANS RETREAT (CMR), PARTICIPANTS TAKE CLASSES (INCLUDING COURSES IN THE WALDEN SCHOOLS MUSICIANSHIP COURSE), SING IN THE CHORUS, WRITE MUSIC, AND IMPROVISE. PARTICIPANTS ARE EXPOSED TO A VARIETY OF WALDEN MUSICIANSHIP MATERIALS, INCLUDING ACOUSTICS, DRILLS WITH INTERVALS AND TRIADS, RESOLVING STRUCTURES, RHYTHMS, SOLFEGE AND HARMONIC ANALYSIS. CLASSES ALSO INCLUDE TOPICS IN CONTEMPORARY MUSIC AND COMPUTER MUSIC. COMPOSITION LESSONS AND MASTER CLASSES ARE OFFERED.
THE WALDEN SCHOOL HOSTS VARIOUS ALUMNI EVENTS THROUGHOUT THE YEAR, DESIGNED TO CONNECT ALUMNI TO RETAIN A VIBRANT CONNECTION TO THE ORGANIZATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Peter Colohan Chair | OfficerTrustee | 1 | $0 |
Rita Mitra Vice Chair | OfficerTrustee | 1 | $0 |
Danielle Schindler Cheung Vice Chair | OfficerTrustee | 1 | $0 |
David Roberts Secretary | OfficerTrustee | 1 | $0 |
Steve Messner Treasurer | OfficerTrustee | 1 | $0 |
Bob Bassett Director | Trustee | 1 | $0 |
Financial Statements
| 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 | $591,651 |
| Noncash contributions included in lines 1a–1f | $159,627 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $591,651 |
| Total Program Service Revenue | $586,260 |
| Investment income | $8,739 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $1,133 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | -$5,366 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,186,918 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $95,350 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $100,000 |
| Compensation of current officers, directors, key employees. | $30,000 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $271,831 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $29,444 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $413 |
| Fees for services: Accounting | $19,024 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $82,737 |
| Advertising and promotion | $53,006 |
| Office expenses | $53,419 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $203,022 |
| Travel | $43,748 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $2,365 |
| Interest | $602 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $21,009 |
| All other expenses | $24,141 |
| Total functional expenses | $1,175,177 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $24,303 |
| Savings and temporary cash investments | $9,108 |
| Pledges and grants receivable | $7,100 |
| Accounts receivable, net | $9,950 |
| 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 | $0 |
| Investments—publicly traded securities | $864,124 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $77,932 |
| Total assets | $992,517 |
| Accounts payable and accrued expenses | $258,837 |
| 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 | $43,593 |
| Total liabilities | $302,430 |
| Net assets without donor restrictions | $448,770 |
| Net assets with donor restrictions | $241,317 |
| 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 | $992,517 |