Cactus Pear Music Festival
- Assets
- $237.5k
- Revenue
- $268.0k
- Investments
- $0.0
- Employees
- 1
- Location
- Converse, TX
- Founding
- 11/1996
- Data as of
- 08/2023
- EIN
- 74-2796236
Organization Overview
Cactus Pear Music Festival is located in Converse, TX. The organization was established in 1996. According to its NTEE Classification (A65) the organization is classified as: Theater, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cactus Pear 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 08/2023, Cactus Pear Music Festival generated $268.0k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 1.0% each year. All expenses for the organization totaled $250.4k during the year ending 08/2023. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO ORGANIZE, PROMOTE, AND PRODUCE CLASSICAL MUSIC CONCERTS
Describe the Organization's Program Activity:
Part 3 - Line 4a
CACTUS PEAR MUSIC FESTIVAL AND YOUNG ARTIST PROGRAMCACTUS PEAR MUSIC FESTIVAL: SUMMER CHAMBER MUSIC FESTIVAL CONSISTING OFMULTIPLE WEEKS OF PERFORMANCES BY NOTED CHAMBER MUSIC ARTISTS OF NATIONALAND INTERNATIONAL RENOWN, HELD BOTH IN SAN ANTONIO AND NEIGHBORING SOUTHTEXAS COMMUNITIES.YOUNG PEOPLES CONCERTS: FREE COMMUNITY ENGAGEMENT CONCERTS PRESENTED DURINGTHE SUMMER MUSIC FESTIVAL FOR CHILDREN AGES 4 TO 18, INCLUDING CHILDREN ANDTEENS IN THE YOUTH ORCHESTRAS OF SAN ANTONIO PROGRAM AS WELL AS CHILDRENFROM UNDERSERVED LOCAL POPULATIONSYOUNG ARTIST PROGRAM: A FULL-SCHOLARSHIP PROGRAM WHICH PROVIDES FESTIVAL-LONG INTENSIVE TRAINING FELLOWSHIPS AND ENSEMBLE PERFORMANCE OPPORTUNITIESTO TALENTED AND ACCOMPLISHED YOUNG STUDENT MUSICIANS FROM THE SOUTH TEXASREGIONCPMF RECEIVED $97,300 IN NONCASH CONTRIBUTIONS FOR VARIOUS SERVICES AND USEOF FACILITIES/EQUIPMENT DURING THE YEAR WHICH ARE NOT REPORTED IN TOTALCONTRIBUTIONS, GIFTS AND GRANTS ON FORM 990 PART VIII LINE 1. THESE NONCASHCONTRIBUTIONS INCLUDE: ACCOUNTING/TAX/CONSULTATION SERVICES PROVIDED BYCPA; GRANT WRITING SERVICES; MARKETING/DEVELOPMENT SERVICES; ADVERTISING;GRAPHIC DESIGN SERVICES; TRANSPORTATION AND HOUSING OF FESTIVAL ARTISTS;AND USE OF FACILITIES FOR CONCERTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Renee Davis Executive Dir. | Officer | 40 | $61,000 |
Jeffrey Sykes Artistic Direct | Officer | 10 | $22,000 |
Gary Albright Ex Oficio | Trustee | 1 | $0 |
Anna Armstrong Vice President | OfficerTrustee | 1 | $0 |
Jackie Claunch Secretary | OfficerTrustee | 1 | $0 |
Jan Holmes Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $77,746 |
| All other contributions, gifts, grants, and similar amounts not included above | $173,366 |
| Noncash contributions included in lines 1a–1f | $15,350 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $251,112 |
| Total Program Service Revenue | $16,123 |
| Investment income | $1,064 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$268 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $268,031 |
| 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. | $88,000 |
| Compensation of current officers, directors, key employees. | $61,000 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $4,667 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $301 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $1,154 |
| Fees for services: Other | $78,256 |
| Advertising and promotion | $1,466 |
| Office expenses | $22,156 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $7,140 |
| Travel | $19,154 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $8,099 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $6,591 |
| All other expenses | $0 |
| Total functional expenses | $250,411 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $107,093 |
| Savings and temporary cash investments | $92,439 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $29,801 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $8,200 |
| 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 | $237,533 |
| Accounts payable and accrued expenses | $985 |
| Grants payable | $0 |
| Deferred revenue | $6,050 |
| 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 | $102,435 |
| Other liabilities | $0 |
| Total liabilities | $109,470 |
| Net assets without donor restrictions | $128,063 |
| Net assets with donor restrictions | $0 |
| 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 | $237,533 |