Bethel Music

The information for Bethel Music is as of the organization's most recent filing in July '21. This organization is located in Redding, CA. It has been in existence for 6 years, following its inception in 2015.

Organization Classification

The IRS classifies organizations according to the National Taxonomy of Exempt Entities (NTEE) system. The NTEE system helps the IRS assign a 3-character code to each organization to describe the organization's activities.

Bethel Music is an organization classified under the NTEE code X11, which falls under the major classification of Religion-Related. The minor classification for Bethel Music is Single Organization Support. This means that Bethel Music exists as a fundraising entity for a single institution within the Religion-Related major group area. As a 501(c)(3) organization, Bethel Music is engaged in Religious, Educational, Charitable, Scientific, Literary, Public Safety, Amateur Sports, or Prevention of Cruelty to Children or Animals work. The mission of Bethel Music is focused on the production, publication, and sale of creative assets for the benefit of Bethel Church of Redding and other Christian artists.

Program Areas

Bethel Music exists to create, capture, produce, publish, and sell creative assets for the benefit of Bethel Church of Redding (FEIN 94-1514037) and provides record label services to other Christian artists. Within the general fund, the organization reports all revenues, support, and functional expenses that are not specifically reported by another fund or program.

Organization Staffing

Bethel Music is run by Brian Johnson, who is the Co-President of the organization. The organization does not have any employees and there are no employees paid over $100k per year. However, Bethel Music is supported by 144 volunteers.

Board Governance

Bethel Music appears to be a well-governed non-profit organization based on the information provided. With a total of 7 voting members, including 2 independent members, the organization seems to have a balanced and diverse board. This indicates that decisions are likely to be made with different perspectives and potential conflicts of interest can be mitigated. The fact that potential conflicts of interest exist but are addressed through a conflict of interest policy and disclosure requirements demonstrates a commitment to transparency and accountability. By documenting both board and committee meetings, the organization ensures that important discussions and decisions are recorded and can be referenced in the future. Furthermore, the presence of a written whistleblower policy and a document retention policy indicates that Bethel Music values ethical behavior and takes measures to protect against misconduct. The organization's commitment to substantiating and reviewing leadership and officer's salaries suggests a responsible approach to financial management. However, one potential area for improvement is the organization's practice of not providing copies of the 990 form to the board prior to filing. Sharing this financial document with board members in advance would allow them to review and provide input, ensuring that they have a comprehensive understanding of the organization's financial situation. Overall, based on the information provided, Bethel Music appears to have effective governance practices in place, prioritizing transparency, accountability, and ethical behavior.

Organization Growth

Bethel Music, a nonprofit organization, has experienced both growth and decline over the given time period. Contributions & Grants Received and Program Service Revenue have both decreased from 2015 to 2020. However, Other Revenue and Total Revenue have increased during this time. Employee Salaries have also increased, indicating potential growth in the organization's workforce. On the other hand, Total Expenses have decreased, suggesting improved financial management. Additionally, the number of Total Volunteers has decreased over this time period. Overall, while some aspects of the organization have grown, others have declined, making it difficult to determine the overall growth of Bethel Music.

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Board, Officers & Key Employees

Name (title)Compensation
Brian Johnson
Co-President
$0
Jenn Johnson
Co-President
$0
Joel Taylor
Vice Preside
$0
Kris Vallotton
Secretary
$0
Bill Johnson
Board Member
$0
Mark Zchech
Board Member
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Boxer Poet Consulting Inc
Services
$147,614
Ksw Industries
Services
$118,032
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $852,200
All other contributions, gifts, grants, and similar amounts not included above$18,831
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$871,031
Total Program Service Revenue$1,544,379
Investment income $5,691
Tax Exempt Bond Proceeds $0
Royalties $4,981,363
Net Rental Income $0
Net Gain/Loss on Asset Sales $4,702,927
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $5,014,122
Miscellaneous Revenue$0
Total Revenue $17,178,099

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Bethel Music has recieved totaling $41.

Awarding OrganizationAmount
Amazonsmile Foundation

Seattle, WA

PURPOSE: GENERAL SUPPORT

$41
View Grant Recipient Profile

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