Van Cliburn Foundation Inc

Organization Overview

Van Cliburn Foundation Inc, operating under the name The Cliburn, is located in Fort Worth, TX. The organization was established in 1967. 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 06/2022, Cliburn employed 18 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cliburn 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 06/2022, Cliburn generated $8.9m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 13.5% each year . All expenses for the organization totaled $7.3m during the year ending 06/2022. While expenses have increased by 10.8% per year over the past 7 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.

Mission & Program ActivityExcerpts From the 990T Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

THE CLIBURN ADVANCES CLASSICAL PIANO MUSIC THROUGHOUT THE WORLD. ITS INTERNATIONAL COMPETITIONS,EDUCATION PROGRAMS, AND CONCERT SERIES EMBODY AN ENDURING COMMITMENT TO ARTISTIC EXCELLENCE AND THE DISCOVERY OF YOUNG ARTISTS.

Describe the Organization's Program Activity:

THE CLIBURN FOSTERS THE APPRECIATION OF CLASSICAL AND OTHER FORMS OF MUSIC THROUGH THE PRESENTATION OF PIANO COMPETITIONS, INCLUDING A PROFESSIONAL COMPETITION, AN AMATEUR COMPETITION, AND A JUNIOR COMPETITION. COMPETITIONS ROTATE, OCCURRING ONCE EVERY FOUR YEARS.


THE CLIBURN FOSTERS THE APPRECIATION OF CLASSICAL, AND OTHER FORMS OF MUSIC THROUGH THE PRESENTATION OF A CONCERT SERIES EACH YEAR.


THE CLIBURN PROMOTES THE CAREERS OF ASPIRING MUSICIANS THROUGH THE MANAGEMENT OF COMPETITION WINNERS' CAREERS.


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Board, Officers & Key Employees

Name (title)Compensation
Jacques Marquis
President & CEO
$407,308
Alissa Ford
Chief Financial Officer
$109,744
Shannon Ray
Vice Chairman
$0
Jeff King
Chairman
$0
Gregory Mccoy
Treasurer
$0
Harry Bartel
Secretary
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$1,189,230
Related organizations$1,422,681
Government grants $177,991
All other contributions, gifts, grants, and similar amounts not included above$3,224,370
Noncash contributions included in lines 1a–1f $68,425
Total Revenue from Contributions, Gifts, Grants & Similar$6,014,272
Total Program Service Revenue$1,866,783
Investment income $347,550
Tax Exempt Bond Proceeds $0
Royalties $1,223
Net Rental Income $349
Net Gain/Loss on Asset Sales $376,175
Net Income from Fundraising Events -$346,131
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $84,393
Miscellaneous Revenue$0
Total Revenue $8,934,359

Grants Recieved

Over the last fiscal year, we have identified 2 grants that Van Cliburn Foundation Inc has recieved totaling $50,250.

Awarding OrganizationAmount
Peach Mott Foundation Inc

Victoria, TX

PURPOSE: CHARITABLE/EDUCATIONAL

$50,000
Harris Franklin Pearson Private Foundation

Azle, TX

PURPOSE: ASSISTANCE TO PIANISTS AND THE PRESERVATIONOF CLASSICAL MUSIC

$250
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$20,016,806
Earnings-$2,645,016
Admin Expense$41,251
Net Contributions$578,887
Other Expense$1,422,681
Ending Balance$16,486,745

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