Society For Preservation & Encrgmnt Of Barbershop Quartet
- Assets
- $6.7m
- Revenue
- $6.8m
- Investments
- $0.0
- Employees
- 32
- Location
- Nashville, TN
- Founding
- 05/1946
- Data as of
- 12/2023
- EIN
- 39-0926339
Organization Overview
Society For Preservation & Encrgmnt Of Barbershop Quartet, operating under the name Barbershop Harmony Society, is located in Nashville, TN. The organization was established in 1946. According to its NTEE Classification (A6B) the organization is classified as: Singing & Choral Groups, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2023, Barbershop Harmony Society employed 32 individuals. This organization is a parent organization of an affiliated group for tax-exemption purposes. Barbershop Harmony Society 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 12/2023, Barbershop Harmony Society generated $6.8m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 2.6% each year. All expenses for the organization totaled $5.2m during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Barbershop Harmony Society has awarded 56 individual grants totaling $472,020. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE BARBERSHOP HARMONY SOCIETY BRINGS PEOPLE TOGETHER IN HARMONY AND FELLOWSHIP TO ENRICH LIVES THROUGH SINGING.
Describe the Organization's Program Activity:
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Noah Funderburg Immediate Past President (beg 11/23 | OfficerTrustee | 5 | $0 |
John Santora President | OfficerTrustee | 10 | $0 |
John Donehower Immediate Past President (end 8/23 | OfficerTrustee | 10 | $0 |
Kevin Keller Executive VP (beg 12/23) | OfficerTrustee | 10 | $0 |
Dwayne Cooper Treasurer | OfficerTrustee | 10 | $0 |
Tim Myers Board Trustee | Trustee | 10 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Salesforce Inc Software Services | 12/30/23 | $136,053 |
Tndv Television Llc Event Production | 12/30/23 | $233,038 |
Sodexo Event Catering | 12/30/23 | $128,410 |
Aeg Management Louisville Venue | 12/30/23 | $297,696 |
Loyola University Venue | 12/30/23 | $158,213 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $1,467,397 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,309,926 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,777,323 |
| Total Program Service Revenue | $3,901,631 |
| Investment income | $13,419 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $51,552 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$5,774 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $90,578 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $6,828,729 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $77,819 |
| Grants and other assistance to domestic individuals. | $103,124 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $597,057 |
| Compensation of current officers, directors, key employees. | $180,434 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,453,458 |
| Pension plan accruals and contributions | $38,628 |
| Other employee benefits | $158,753 |
| Payroll taxes | $137,718 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $43,721 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $70,826 |
| Advertising and promotion | $1,121 |
| Office expenses | $245,215 |
| Information technology | $163,109 |
| Royalties | $0 |
| Occupancy | $136,360 |
| Travel | $71,552 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,024,398 |
| Interest | $190,204 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $272,403 |
| Insurance | $24,086 |
| All other expenses | $0 |
| Total functional expenses | $5,242,726 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $11,563 |
| Savings and temporary cash investments | $309,790 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $63,630 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $93,353 |
| Prepaid expenses and deferred charges | $248,467 |
| Net Land, buildings, and equipment | $3,134,967 |
| Investments—publicly traded securities | $334,696 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $16,216 |
| Other assets | $2,437,650 |
| Total assets | $6,650,332 |
| Accounts payable and accrued expenses | $490,335 |
| Grants payable | $0 |
| Deferred revenue | $1,201,225 |
| 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 | $3,621,073 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $329,672 |
| Total liabilities | $5,642,305 |
| Net assets without donor restrictions | -$1,199,767 |
| Net assets with donor restrictions | $2,207,794 |
| 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 | $6,650,332 |
Grants Awarded
Over the last fiscal year, Society For Preservation & Encrgmnt Of Barbershop Quartet has awarded $33,674 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
LANS 'O LAKES DISTRICT SPEBSQSA INC PURPOSE: DISTRICT FUNDRAISING PROGRAM | $10,174 |
NAPLESFORT MYERS FLORIDA CHAPTER SPEBSQSA INC PURPOSE: CHAPTER FUNDRAISING PROGRAM | $8,500 |
WADE HAMPTON HIGH SCHOOL CHORAL DEPARTMENT PURPOSE: FINANCIAL SUPPORT FOR SCHOOL PARTICIPATION IN THE NEXT GENERATION BARBERSHOP JUNIOR CHORUS FESTIVAL | $6,000 |
BURLINGTON HIGH SCHOOL KORAL KLUB PURPOSE: FINANCIAL SUPPORT FOR SCHOOL PARTICIPATION IN THE NEXT GENERATION BARBERSHOP JUNIOR CHORUS FESTIVAL | $9,000 |