Musical Bridges Around The World Inc
- Assets
- $1.5m
- Revenue
- $1.1m
- Investments
- $0.0
- Employees
- 6
- Location
- San Antonio, TX
- Founding
- 11/1999
- Data as of
- 08/2021
- EIN
- 74-2891493
Organization Overview
Musical Bridges Around The World Inc is located in San Antonio, TX. The organization was established in 1999. According to its NTEE Classification (A60) the organization is classified as: Performing Arts, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 08/2021, Musical Bridges Around The World Inc employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Musical Bridges Around The World 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 08/2021, Musical Bridges Around The World Inc generated $1.1m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 8.7% each year. All expenses for the organization totaled $848.3k during the year ending 08/2021. While expenses have increased by 4.1% per year over the past 6 years. They've been increasing with an increasing level of total revenue. 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
FOCUSES ON CREATING ONE-OF-A-KIND CLASSICAL, JAZZ AND ETHNIC FOLK MUSICIANS FOR THE BENEFIT OF THE PUBLIC AND AT-RISK YOUTH, WHILE FOSTERING SAN ANTONIOS REPUTATION AS A COSMOPOLITAN CULTURAL CENTER.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE RUSSELL HILL ROGERS MUSICAL EVENINGS AT SAN FERNANDO CATHEDRAL SHOWCASED GUEST ARTISTS OF THE HIGHEST CALIBER FROM SAN ANTONIO SISTER CITIES, AUSTRIA, ITALY, AND SWITZERLAND IN 5 FREE PUBLIC OFFERINGS. EVEN THROUGH THE COVID-19 PANDEMIC, THE RUSSELL HILL ROGERS MUSICAL EVENINGS AT SAN FERNANDO CATHEDRAL REACHED MORE THAN 1,700 PEOPLE VIRTUALLY AND EXPOSED THEM TO MUSICIANS FROM ALL OVER THE GLOBE. THROUGH KIDS TO CONCERTS, MBAW BROUGHT VIRTUAL PERFORMANCES TO SAN ANTONIO CHILDREN, TAKING THEM ON A MUSICAL JOURNEY THROUGH THE FOLLOWING CULTURES SPAIN, SISTER CITIES, JAPAN, AND RUSSIA, REACHING MORE THAN 10,000 CHILDREN. THIS YEAR, WE PARTNERED WITH THE SCHOOL DISTRICTS OF SOUTH SAN ANTONIO ISD, SAN ANTONIO ISD, DEVINE ISD, AND SOUTHWEST ISD, AND BROUGHT PROGRAMMING TO STUDENTS FROM SPAIN, SISTER CITIES OF SAN ANTONIO, AND JAPAN. OUR PARTNERING SCHOOLS WERE STILL DECIDING HOW BEST TO HANDLE THE COVID-19 PANDEMIC, AND WE PROVIED VIRTUAL PROGRAMMING THAT BEST FIT THE SCHOOLS NEEDS. CONTINUED TO LINE 4B BELOW
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Anya Grokhovski Artistic Director | OfficerTrustee | 40 | $81,000 |
Eric Miller MD Chair | OfficerTrustee | 3 | $0 |
Arseni Grokhovski Secretary | OfficerTrustee | 3 | $0 |
Bryan Helbert Treasurer | OfficerTrustee | 5 | $0 |
Charles Parrish Vice Chair | OfficerTrustee | 3 | $0 |
Awilda I Ramos JD Director | Trustee | 17 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $68,287 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $226,940 |
| All other contributions, gifts, grants, and similar amounts not included above | $793,105 |
| Noncash contributions included in lines 1a–1f | $800 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,088,332 |
| Total Program Service Revenue | $0 |
| Investment income | $10,552 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $48,711 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,147,595 |
| 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. | $81,000 |
| Compensation of current officers, directors, key employees. | $10,288 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $312,673 |
| Pension plan accruals and contributions | $7,514 |
| Other employee benefits | $25,659 |
| Payroll taxes | $30,195 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $8,446 |
| Fees for services: Accounting | $19,763 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $1,174 |
| Office expenses | $3,936 |
| Information technology | $11,865 |
| Royalties | $0 |
| Occupancy | $36,026 |
| Travel | $2,632 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $2,742 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $10,391 |
| Insurance | $10,141 |
| All other expenses | $233,695 |
| Total functional expenses | $848,288 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $367,910 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $100,000 |
| 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 | $2,550 |
| Net Land, buildings, and equipment | $61,323 |
| Investments—publicly traded securities | $962,205 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,493,988 |
| Accounts payable and accrued expenses | $9,134 |
| 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 | $84,772 |
| Other liabilities | $0 |
| Total liabilities | $93,906 |
| Net assets without donor restrictions | $1,178,110 |
| Net assets with donor restrictions | $221,972 |
| 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 | $1,493,988 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Musical Bridges Around The World Inc has recieved totaling $71,000.
| Awarding Organization | Amount |
|---|---|
Russell H Rogers Fund For The Arts Bank Of America N A 05-500-3132032 San Antonio, TX PURPOSE: SPONSORSHIP OF THE RUSSELL HILL ROGERS MUSICAL EVENINGS AT SAN FERNANDO CATHEDRAL | $50,000 |
San Antonio Area Foundation San Antonio, TX PURPOSE: GENERAL SUPPORT | $21,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Tessitura Network Inc Dallas, TX | $21,809,645 | $43,977,511 |
Woodlands Center For The Performing Arts The Woodlands, TX | $66,155,005 | $4,869,262 |
The Foundation For Jones Hall Houston, TX | $12,945,210 | $11,215,659 |
National Western Art Foundation San Antonio, TX | $33,318,907 | $5,418,283 |
Society For The Performing Arts Houston, TX | $2,735,277 | $4,022,539 |
Dsm Management Group Inc Dallas, TX | $3,614,375 | $1,386,226 |
1894 Inc Galveston, TX | $14,356,181 | $3,638,315 |
New Orleans Center For Creative Arts Institute New Orleans, LA | $27,637,413 | $1,850,928 |
Shaw Center For The Arts Llc Baton Rouge, LA | $25,156,056 | $977,133 |
Spencer Theater For The Performing Arts Inc Alto, NM | $16,060,098 | $2,857,669 |
Taca Inc Dallas, TX | $1,253,014 | $1,318,938 |
Jefferson Performing Arts Society Metairie, LA | $970,556 | $1,410,329 |