Society For Preservation & Encrgmnt Of Barbershop Quartet Singing Amer
- Assets
- $5.3m
- Revenue
- $3.8m
- Investments
- $0.0
- Employees
- 49
- Location
- Nashville, TN
- Founding
- 05/1946
- Data as of
- 12/2021
- EIN
- 39-0926339
Organization Overview
Society For Preservation & Encrgmnt Of Barbershop Quartet Singing Amer, 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 12/2021, Barbershop Harmony Society employed 49 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 12/2021, Barbershop Harmony Society generated $3.8m 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 (4.9%) each year. All expenses for the organization totaled $4.3m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (4.6%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Barbershop Harmony Society has awarded 40 individual grants totaling $331,379. 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
2021
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 |
|---|---|---|---|
Martin Monson Non-Voting Ceo/secretary | Officer | 40 | $159,692 |
Erik P Dove Cfo/coo | Officer | 40 | $143,084 |
John Donehower President | OfficerTrustee | 10 | $0 |
Dick Powell Immediate Past President | OfficerTrustee | 10 | $0 |
John Santora Treasurer | OfficerTrustee | 10 | $0 |
Steve Denino Executive Vice President | OfficerTrustee | 10 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Greenberg Traurig Llp Legal Services | 12/30/21 | $348,897 |
Sherrard Roe Voigt & Harbison Legal Services | 12/30/21 | $236,908 |
Salesforce Technology | 12/30/21 | $104,540 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $7,886 |
| Government grants | $886,464 |
| All other contributions, gifts, grants, and similar amounts not included above | $320,939 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,215,289 |
| Total Program Service Revenue | $2,228,061 |
| Investment income | $60,754 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $1,505 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $342,189 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | -$52,665 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,795,133 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $74,960 |
| Grants and other assistance to domestic individuals. | $1,160 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $332,164 |
| Compensation of current officers, directors, key employees. | $106,662 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,651,286 |
| Pension plan accruals and contributions | $61,553 |
| Other employee benefits | $183,514 |
| Payroll taxes | $144,278 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $637,889 |
| Fees for services: Accounting | $41,768 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $50,112 |
| Advertising and promotion | $2,282 |
| Office expenses | $175,787 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $124,398 |
| Travel | $7,887 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $49,237 |
| Interest | $85,384 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $263,262 |
| Insurance | $22,026 |
| All other expenses | $0 |
| Total functional expenses | $4,334,651 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $37,998 |
| Savings and temporary cash investments | $140,153 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $17,914 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $170,988 |
| Prepaid expenses and deferred charges | $159,591 |
| Net Land, buildings, and equipment | $3,714,997 |
| Investments—publicly traded securities | $813,864 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $17,414 |
| Other assets | $228,170 |
| Total assets | $5,301,089 |
| Accounts payable and accrued expenses | $249,205 |
| Grants payable | $0 |
| Deferred revenue | $1,250,739 |
| 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 | $3,302,050 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $154,588 |
| Total liabilities | $4,956,582 |
| Net assets without donor restrictions | $239,866 |
| Net assets with donor restrictions | $104,641 |
| 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 | $5,301,089 |
Grants Awarded
Over the last fiscal year, Society For Preservation & Encrgmnt Of Barbershop Quartet Singing Amer has awarded $43,805 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
G069 - WESTERN HILLS CHAPTER PURPOSE: OUTREACH GRANT - YOUTH SINGING CAMP AND HARMONY WORKSHOP | $8,925 |
Wellington, FL PURPOSE: OUTREACH GRANT - YOUTH SINGING CAMP AND HARMONY WORKSHOP | $8,000 |
Rockledge, FL PURPOSE: OUTREACH GRANT - YOUTH SINGING CAMP AND HARMONY WORKSHOP | $7,380 |
Gig Harbor, WA PURPOSE: OUTREACH GRANT - YOUTH SINGING CAMP AND HARMONY WORKSHOP | $7,000 |
Kathleen, GA PURPOSE: OUTREACH GRANT - YOUTH SINGING CAMP AND HARMONY WORKSHOP | $6,500 |
San Diego, CA PURPOSE: OUTREACH GRANT - YOUTH SINGING CAMP AND HARMONY WORKSHOP | $6,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Society For Preservation & Encrgmnt Of Barbershop Quartet Singing Amer has recieved totaling $5,047.
| Awarding Organization | Amount |
|---|---|
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $5,047 |
Endowment Analysis
| Beg. Balance | $3,346,675 |
| Earnings | $743,424 |
| Admin Expense | $34,996 |
| Net Contributions | $154,110 |
| Grants | $101,357 |
| Ending Balance | $4,107,856 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Society For Preservation & Encrgmnt Of Barbershop Quartet Singing Amer Nashville, TN | $5,301,089 | $3,795,133 |
Harmony Foundation International Inc Nashville, TN | $5,976,223 | $2,692,504 |
St Louis Childrens Choirs Saint Louis, MO | $1,132,837 | $819,835 |
Heartland Mens Chorus Kansas City, MO | $1,030,553 | $861,236 |
Raleigh Boychoir Inc Raleigh, NC | $402,980 | $139,190 |
Kings Heralds Inc Portland, TN | $53,669 | $342,532 |
Voices For Alabamas Children Montgomery, AL | $219,945 | $512,007 |
German-American Club Gesangverein Inc Louisville, KY | $450,224 | $443,022 |
Birmingham Boys Choir Foundation Birmingham, AL | $372,516 | $453,663 |
Tlq Inc Clermont, GA | $236,298 | $325,412 |
Arkansas Choral Directors Association Alma, AR | $56,989 | $281,715 |
Hattiesburg Civic Chorus & Concert Association Inc Hattiesburg, MS | $262,883 | $381,288 |