Bridge Music Project
- Assets
- $280.1k
- Revenue
- $296.8k
- Investments
- $0.0
- Employees
- 1
- Location
- Olympia, WA
- Founding
- 06/2017
- Data as of
- 06/2023
- 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 06/2023, Bridge Music Project generated $296.8k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 31.0% each year . All expenses for the organization totaled $194.7k during the year ending 06/2023. 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
PROMOTING THE VALUES OF TEAMWORK, ACCOUNTABILITY, LEADERSHIP COLLABORATION, EMPATHY, AND SELF-UNDERSTANDING THROUGH SONG-WRITING WORKSHOPS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TEACHING YOUTH HOW MUSIC AND SONGWRITING CAN BE USED AS TOOLS TO DEAL WITH LIFE'S CHALLENGES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Clark Gilman Board President | OfficerTrustee | 2 | $0 |
Matt Guile Board Treasurer | OfficerTrustee | 2 | $0 |
Haley Lowe Board Chair | Trustee | 1 | $0 |
Ahmed Jenkins Board Chair | Trustee | 1 | $0 |
Charli Teminelli Board Chair | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $44,706 |
| All other contributions, gifts, grants, and similar amounts not included above | $252,024 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $296,730 |
| Total Program Service Revenue | $0 |
| Investment income | $119 |
| 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 | $296,849 |
| 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. | $100,565 |
| Compensation of current officers, directors, key employees. | $76,492 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $6,844 |
| Payroll taxes | $7,974 |
| Fees for services: Management | $30,481 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $3,960 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $8,527 |
| Office expenses | $3,753 |
| Information technology | $4,974 |
| Royalties | $0 |
| Occupancy | $497 |
| Travel | $1,398 |
| 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 | $6,025 |
| Insurance | $3,174 |
| All other expenses | $0 |
| Total functional expenses | $194,739 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $154,948 |
| Savings and temporary cash investments | $100,317 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $13,583 |
| 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 | $11,296 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $280,144 |
| Accounts payable and accrued expenses | $3,699 |
| 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 | $3,699 |
| 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 | $276,445 |
| Total liabilities and net assets/fund balances | $280,144 |