B Sharp Youth Music Program
- Assets
- $0.0
- Revenue
- $114.1k
- Investments
- $0.0
- Employees
- 1
- Location
- Fort Worth, TX
- Founding
- 09/2016
- Data as of
- 06/2022
- EIN
- 81-3023136
Organization Overview
B Sharp Youth Music Program is located in Fort Worth, TX. The organization was established in 2016. According to its NTEE Classification (A6E) the organization is classified as: Performing Arts Schools, 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. B Sharp Youth Music Program 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, B Sharp Youth Music Program generated $114.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (22.6%) each year. All expenses for the organization totaled $124.1k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (21.2%) 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
HARMONIZING COMMUNITIES THROUGH MUSIC.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EACH STUDENT IN B SHARP BENEFITS FROM A RICH MUSIC CURRICULUM THAT CREATES A CARING, COOPERATIVE, AND FUN COMMUNITY. TOTAL ENROLLMENT FOR THE SCHOOL YEAR WAS: 0 - B SHARP PROGRAM OF CHOICE (KINDER-5TH GRADE), 0 - B SHARP AFTER SCHOOL (2ND-5TH GRADE), AND 0 - B SHARP YOUTH ORCHESTRA (SYMPHONY & PHILHARMONIC ORCHESTRA). THE PROGRAM WAS SHUT DOWN DUE TO COVID, SO THAT'S WHY THERE WAS NO ENROLLMENT. STUDENTS IN THE PROGRAM ALSO BENEFIT FROM B SHARP YOUTH MUSIC PROGRAM'S ACADEMIC SUPPORT, CREATIVE OUTLETS, PARENT ENGAGEMENT, AND SOCIAL/EMOTIONAL FOCUS. WE OFFERED OVER 10 DIFFERENT CLASSES IN THE FORM OF MUSIC THEORY, CHOIR, ORCHESTRA, WIND ENSEMBLE, DRUM CIRCLE, BUCKET BAND, PERCUSSION ENSEMBLE, CHAMBER STRINGS, B SHARP SINGERS, LEADERSHIP, STRING ENSEMBLE, SOCIAL SKILLS, AND FEELINGS FROM A TO Z TAUGHT FROM OUR OWN CURRICULUM WHICH IS BASED ON THE STATE STANDARDS WHEN APPROPRIATE. OVERALL, OUR STUDENTS OUTPERFORMED THEIR PEERS IN ALL CATEGORIES MEASURED BY THE FORT WORTH INDEPENDENT SCHOOL DISTRICT (CORE PASSING RATES IN ELA, MATH, SCIENCE, AND SOCIAL STUDIES, COLLEGE AND CAREER READINESS, BEHAVIOR/DISCIPLINE, AND ATTENDANCE). 90% OF ALL B SHARP MUSICIANS ARE ON TRACK TO ACHIEVE APPROPRIATE MUSICAL SUCCESS BASED ON OUR B SHARP PERFORMANCE LEVELS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jennifer Hay Officer | Trustee | 60 | $88,417 |
Jennifer L Terrell Chief Accounting Officer | Officer | 6 | $0 |
Melody A Johnson Director | Trustee | 0.5 | $0 |
Marvin E Blum Secretary/director | Trustee | 0.5 | $0 |
John C Goff Chairman/director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $113,793 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $113,793 |
| Total Program Service Revenue | $0 |
| Investment income | $301 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $114,094 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $88,417 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $2,653 |
| Payroll taxes | $3,708 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,050 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $4,834 |
| Information technology | $1,243 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $719 |
| 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 | $0 |
| Insurance | $13,044 |
| All other expenses | $1,411 |
| Total functional expenses | $124,079 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| 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 | $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 | $0 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $0 |
| 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 | $0 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that B Sharp Youth Music Program has recieved totaling $115,063.
| Awarding Organization | Amount |
|---|---|
Goff Family Foundation Fort Worth, TX PURPOSE: EDUCATION | $115,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $63 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
James Dick Foundation For The Performing Arts Round Top, TX | $11,443,397 | $1,538,849 |
Suzuki Institute Of Dallas Dallas, TX | $1,326,376 | $1,015,482 |
Armstrong Community Music School Austin, TX | $2,247,979 | $838,136 |
Kids Who Care Inc Fort Worth, TX | $671,145 | $801,127 |
Barthelmes Conservatory Inc Tulsa, OK | $226,346 | $568,241 |
Austin Chamber Music Center Austin, TX | $391,345 | $543,096 |
Taos School Of Music Incorporated Taos, NM | $3,000,343 | $563,635 |
Art & Drama Centre Theatre Plano, TX | $0 | $350,681 |
Oklahoma Youth Orchestra Inc Oklahoma City, OK | $117,077 | $298,770 |
Ovation Academy Mc Kinney, TX | $32,203 | $301,490 |
Dance Arts Los Alamos White Rock, NM | $79,826 | $313,726 |
Oklahoma Music Educators Association Muskogee, OK | $135,662 | $236,159 |