Oregon Music Festival
- Assets
- $6.2k
- Revenue
- $255.7k
- Investments
- $0.0
- Employees
- 3
- Location
- Portland, OR
- Founding
- 12/2011
- Data as of
- 12/2022
- EIN
- 45-2603007
Organization Overview
Oregon Music Festival is located in Portland, OR. The organization was established in 2011. 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 12/2022, Oregon Music Festival employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Oregon Music Festival 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 12/2022, Oregon Music Festival generated $255.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (4.3%) each year. All expenses for the organization totaled $252.8k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (4.6%) per year over the past 4 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
OREGON MUSIC FESTIVAL IS A PROFESSIONAL CLASSICAL MUSIC FESTIVAL DEDICATED TO THE PERFORMANCE, PROMOTION, AND PRODUCTION OF CLASSICAL MUSIC THROUGH CONCERTS, PROJECTS, AND EDUCATIONAL OUTREACH TO YOUNG MUSICIANS. AS A CLASSICAL MUSIC ORGANIZATION, WE PROVIDE ARTISTIC ENRICHMENT FOR OUR COMMUNITY IN THE GREATER PORTLAND AREA AND BEYOND, INCLUDING INTERNATIONAL PROJECTS ABROAD.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OREGON MUSIC FESTIVAL NORMALLY PRODUCED THREE TYPES OF PROGRAM OFFERINGS: SPRING EDITION, SUMMER EDITION, AND FALL EDITION OF CONCERTS.
RECORDINGS: WE DO RECORDINGS OF GREAT CLASSICAL MUSIC (DUE TO COVID, SOME OF THE RECORDINGS HAD TO BE POSTPONED). OMF CONTINUES IN ITS INTERNATIONAL EFFORT TO PROVIDE CONCERTS, MASTERCLASSES, AND WORKSHOPS, PRIMARILY IN EUROPE. THIS YEAR, DUE TO COVID AND THE UNCERTAINTY IN TRAVEL AND PUBLIC GATHERINGS, WE HAD TO POSTPONE SOME OF THE PLANNED ACTIVITIES.
THIS PROGRAM WAS CANCELED DUE TO COVID
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Laurie Gold Treasurer | Officer | 4 | $0 |
Zvonimir Hacko Board Secretary | Officer | 10 | $0 |
Paolo Petrocell Member | Trustee | 5 | $0 |
Erika Sanchez Board Chair | Officer | 6 | $0 |
Scott Cherne Member | Trustee | 3 | $0 |
Elizabeth Wager Member | Trustee | 6 | $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 | $209,740 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $209,740 |
| Total Program Service Revenue | $45,960 |
| Investment income | $0 |
| 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 | $255,700 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $35,000 |
| Compensation of current officers, directors, key employees. | $35,000 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $72,989 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $11,780 |
| Fees for services: Management | $12,439 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $188 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $5,690 |
| Office expenses | $0 |
| Information technology | $3,500 |
| Royalties | $1,680 |
| Occupancy | $0 |
| Travel | $5,400 |
| 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 | $0 |
| Insurance | $500 |
| All other expenses | $0 |
| Total functional expenses | $252,806 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $6,180 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $6,180 |
| 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 | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $6,180 |
| 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 | $6,180 |