Bridge Music Project
- Assets
- $210.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Olympia, WA
- Founding
- 06/2017
- Data as of
- 06/2022
- EIN
- 82-1633999
Organization Overview
Bridge Music Project is located in Olympia, WA. The organization was established in 2017. According to its NTEE Classification (A68) the organization is classified as: Music, 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. Bridge Music Project 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, Bridge Music Project generated $160.2k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 22.2% each year . All expenses for the organization totaled $130.4k during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
MUSIC WORKSHOPS AND PERFORMANCES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bobby Williams Executive Director | 40 | $72,783 | |
Clark Gilman Board President | 2 | $0 | |
Timothy Grisham Vice President | 2 | $0 | |
Matt Guile Treasurer | 2 | $0 | |
Matt Sharp Secretary | 2 | $0 | |
Ahmed Jenkins Chair | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $111,742 |
| Total Program Service Revenue | $48,400 |
| Membership dues | $0 |
| Investment income | $81 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $160,223 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $86,066 |
| Professional fees and other payments to independent contractors | $20,823 |
| Occupancy, rent, utilities, and maintenance | $2,662 |
| Printing, publications, postage, and shipping | $911 |
| Other expenses | $19,948 |
| Total expenses | $130,410 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $195,124 |
| Other assets | $0 |
| Total assets | $210,185 |
| Total liabilities | $34,734 |
| Net assets or fund balances | $175,451 |
Grants Recieved
Over the last fiscal year, we have identified 5 grants that Bridge Music Project has recieved totaling $75,097.
| Awarding Organization | Amount |
|---|---|
Tides Foundation San Francisco, CA PURPOSE: HEALTHY INDIVIDUALS AND COMMUNITIES | $36,000 |
Thurston County Economic Development Council Lacey, WA PURPOSE: COVID 19 RELIEF | $20,000 |
Schools Out Washington Seattle, WA PURPOSE: Washington Youth Development Nonprofit Relief Fund | $10,000 |
Community Foundation Of South Puget Sound Olympia, WA PURPOSE: OPERATING | $9,057 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $40 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Mosier Community School Foundation Inc Mosier, OR | $3,936,713 | $2,235,279 |
Seattle Chamber Music Festival Seattle, WA | $3,300,530 | $1,735,052 |
Washington Music Educators Association Renton, WA | $323,514 | $851,362 |
Seattle Jazzed Seattle, WA | $4,256,285 | $2,089,197 |
Rogue Valley Symphony Association Ashland, OR | $3,828,970 | $1,652,431 |
Music Center Of The Northwest Inc Seattle, WA | $2,802,841 | $1,300,374 |
Spokane American Youth Hockey Club Inc Spokane, WA | $411,285 | $808,966 |
Earshot Jazz Society Of Seattle Seattle, WA | $1,491,052 | $947,117 |
Music Conservatory Of Sandpoint Inc Sandpoint, ID | $1,006,215 | $718,046 |
Acoustic Sound Inc Milton, WA | $517,851 | $803,908 |
Soundview Uniserv Council Lakewood, WA | $662,629 | $619,022 |
Sitka Music Festival Inc Sitka, AK | $4,570,554 | $833,930 |