Music In The Mountains Inc is located in Durango, CO. The organization was established in 1990. 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 09/2021, Music In The Mountains Inc employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Music In The Mountains Inc 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 09/2021, Music In The Mountains Inc generated $804.6k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (2.7%) each year. All expenses for the organization totaled $651.4k during the year ending 09/2021. As we would expect to see with falling revenues, expenses have declined by (5.9%) per year over the past 6 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PRODUCE AN EXCEPTIONAL SUMMER MUSIC FESTIVAL WITH MUSICIANS OF THE HIGHEST CALIBER, ENTERTAIN, EDUCATE AND DELIGHT AUDIENCES WITH THE RICHNESS OF CLASSICAL MUSIC, AND COMPLEMENT THE CONCERTS WITH A YEAR ROUND EDUCATION PROGRAM FOR YOUTH.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DURING COVID-19 MUSIC IN THE MOUNTAINS CONCENTRATED ON BOTH MANAGING/CUTTING EXPENSES AND MAINTAINING STRONG DONOR RELATIONSHIPS. AFTER THE CANCELED FESTIVAL SEASON OF 2020 WE REDUCED OUR STAFF TO ONE FULL TIME STAFF PERSON, OUR EXECUTIVE DIRECTOR, SO THAT WE COULD CONTINUE TO KEEP THE DOORS OPEN, WRITE GRANTS, MAINTAIN RELATIONSHIPS WITH DONORS AND SPONSORS MANY OF WHOM AGREED TO SUPPORT WITH THEIR USUAL ANNUAL DONATION DESPITE THE UNCERTAINTY THAT LIE AHEAD. WE TOOK AN OPTIMISTIC APPROACH AND PLANNED A MODIFIED SEASON IN HOPES THAT WITH THE PROMISE OF A VACCINE ON THE HORIZON, WE WOULD BE ABLE TO MOVE FORWARD WITH AN IN-PERSON FESTIVAL IN THE SUMMER OF 2021. WITH THIS IN MIND, WE HIRED ANOTHER FULL TIME STAFF PERSON THAT STARTED IN JANUARY 2021. WE BUILT A MOBILE STAGE SO THAT AT THE VERY LEAST WE COULD PRESENT FREE COMMUNITY OUTREACH CONCERTS THROUGHOUT THE REGION IN A SAFE OUTDOOR ENVIRONMENT. WE WORKED CLOSELY WITH SAN JUAN BASIN PUBLIC HEALTH AND HAD SEVERAL TICKETING, SEATING, AND COMMUNICATIONS PLANS AT THE READY AS WE MOVED THROUGH THE COVID DASHBOARD AS A COMMUNITY FROM CODE RED TO CODE GREEN. OUR MODIFIED SEASON INCLUDED SEVERAL SMALLER INDOOR/OUTDOOR HYBRID VENUES. WE REDUCED THE NUMBER OF MUSICIANS THAT WE BROUGHT TO DURANGO AND BROUGHT THEM IN GRADUALLY OVER THE COURSE OF THE THREE-WEEK FESTIVAL IN ORDER TO SAVE EXPENSES. BY THE END OF THE FESTIVAL, WE WERE ABLE TO PRESENT THE FULL FESTIVAL ORCHESTRA INSIDE THE COMMUNITY CONCERT HALL WITH AN AUDIENCE SIZE CAPPED AT 75% FOR SOCIAL DISTANCING. THE 2021 MODIFIED SEASON WAS SUCCESSFUL IN THAT WE DIDN'T HAVE TO CANCEL ANY EVENTS AND MANY OF THE SMALLER VENUES SOLD OUT. THE COMMUNITY APPRECIATED THE NEW MOBILE STAGE CONCERT SERIES AND THEY WILL CONTINUE AS PART OF OUR REGULAR SEASON FOR YEARS TO COME. WE RECEIVED MANY OF THE AVAILABLE COVID RELIEF GRANTS AND, AS A RESULT, ENDED THE FISCAL YEAR IN A POSITIVE FINANCIAL POSITION. LOOKING AHEAD TO FY 2022 WE REMAIN VIGILANT WITH REGARD TO EXPENSES AND CONTINUE TO SEEK OUT AND APPLY FOR GRANTS THAT SUPPORT THE HARD HIT PERFORMING ARTS SECTOR. WE BELIEVE OUR POSITIVE FINANCIAL POSITION IS A TEMPORARY AND MISLEADING BOTTOM LINE. IT WILL BE VERY IMPORTANT FOR US TO TELL OUR STORYTHAT IF WE BACKED OUT THE ONE-TIME COVID RELIEF FUNDS, WE WOULD BE OPERATING IN THE RED. AS A NON-PROFIT ARTS ORGANIZATION, WE RELY ON THE GENEROSITY OF INDIVIDUAL SUPPORTERS AND CORPORATE SPONSORS. IN THE CURRENT ENVIRONMENT, OUR CORPORATE SPONSORS ARE STILL RECOVERING AND MAY NOT BE IN A POSITION TO SUPPORT US AT PAST LEVELS OR EVEN AT ALL. WE ARE ALSO KEEPING AN EYE ON THE LODGING SITUATION. WHEN WE BRING IN OUR MUSICIANS WE ARE TASKED WITH FINDING ADEQUATE HOUSING FOR THEM.AND THE COST/NIGHT IN DURANGO HAS RISEN TO ALMOST DOUBLE WHAT IT WAS IN 2019. AT THE TIME OF THIS WRITING, OUR PLAN FOR FESTIVAL 2022 IS TO BRING THE FULL ORCHESTRA TO DURANGO FOR THE REGULAR THREE-WEEK SEASON TO BE PRESENTED AT THE COMMUNITY CONCERT HALL AT FORT LEWIS COLLEGE PLUS THE ADDITIONAL WEEK OF FREE COMMUNITY OUTREACH CONCERTS THROUGHOUT THE REGION.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Angie Beach Executive Dir. | Officer | 40 | $77,399 |
Christine Serwe Secretary | OfficerTrustee | 1 | $0 |
Sheryl Kaufman President | OfficerTrustee | 4 | $0 |
Gordon Thomas President | OfficerTrustee | 1.5 | $0 |
Paul Cahill Treasurer | OfficerTrustee | 1 | $0 |
Brad Tafoya Director | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $3,300 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $119,999 |
All other contributions, gifts, grants, and similar amounts not included above | $514,448 |
Noncash contributions included in lines 1a–1f | $89,310 |
Total Revenue from Contributions, Gifts, Grants & Similar | $637,747 |
Total Program Service Revenue | $123,406 |
Investment income | $7,244 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $969 |
Net Income from Fundraising Events | $35,217 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $804,583 |
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. | $83,202 |
Compensation of current officers, directors, key employees. | $8,320 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $58,311 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $11,205 |
Payroll taxes | $10,894 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $4,996 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $1,470 |
Fees for services: Other | $0 |
Advertising and promotion | $37,831 |
Office expenses | $0 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $78,967 |
Travel | $0 |
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 | $13,259 |
Insurance | $8,052 |
All other expenses | $40,885 |
Total functional expenses | $651,380 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $241,990 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $8,136 |
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 | $14,891 |
Net Land, buildings, and equipment | $39,483 |
Investments—publicly traded securities | $385,165 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $2,000 |
Total assets | $691,665 |
Accounts payable and accrued expenses | $14,870 |
Grants payable | $0 |
Deferred revenue | $33,501 |
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 | $48,371 |
Net assets without donor restrictions | $450,877 |
Net assets with donor restrictions | $192,417 |
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 | $691,665 |
Over the last fiscal year, we have identified 1 grants that Music In The Mountains Inc has recieved totaling $2,000.
Awarding Organization | Amount |
---|---|
Larry And Elizabeth Crawford Family Foundation Durango, CO PURPOSE: MUSIC | $2,000 |
Beg. Balance | $165,528 |
Earnings | $27,484 |
Admin Expense | $1,296 |
Ending Balance | $191,716 |
Organization Name | Assets | Revenue |
---|---|---|
Jazz At Aspen-Snowmass Aspen, CO | $5,325,438 | $11,239,996 |
Grand Teton Music Festival Inc Jackson, WY | $21,966,338 | $8,778,128 |
Colorado Music Festival Boulder, CO | $2,219,616 | $3,012,496 |
Amp The Cause Denver, CO | $134,793 | $2,222,228 |
Strings Music Festival Steamboat Springs, CO | $9,630,765 | $2,301,723 |
Swallow Hill Music Association Denver, CO | $6,215,784 | $6,402,960 |
Youth On Record Denver, CO | $1,879,684 | $1,486,408 |
Yfc Inc Omaha, NE | $650,534 | $1,235,325 |
Parlando Incorporated Boulder, CO | $1,273,068 | $2,033,961 |
Santa Fe Concert Association Santa Fe, NM | $379,174 | $1,132,324 |
Piano Technicians Guild Incorporated Kansas City, KS | $3,439,012 | $1,235,937 |
The Vail Jazz Foundation Inc Vail, CO | $1,001,642 | $1,276,123 |