Swallow Hill Music Association
- Assets
- $5.2m
- Revenue
- $4.9m
- Investments
- $1.0m
- Employees
- 110
- Location
- Denver, CO
- Founding
- 07/1979
- Data as of
- 12/2023
- EIN
- 84-0781725
Organization Overview
Swallow Hill Music Association is located in Denver, CO. The organization was established in 1979. 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 12/2023, Swallow Hill Music Association employed 110 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Swallow Hill Music Association 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 12/2023, Swallow Hill Music Association generated $4.9m in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (1.4%) each year. All expenses for the organization totaled $5.6m during the year ending 12/2023. 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
TO BUILD COMMUNITY THROUGH MUSIC PERFORMANCE, EDUCATION, AND OUTREACH.
Describe the Organization's Program Activity:
Part 3 - Line 4a
IN 2023, SWALLOW HILL MUSIC PRODUCED 137 CONCERTS BETWEEN THE THREE VENUES AT OUR YALE LOCATION AND OFFSITE LOCATIONS THROUGHOUT DENVER INCLUDING FOUR MILE HISTORIC PARK, THE SUMMER CONCERT SERIES AND EVENINGS AL FRESCO AT DENVER BOTANIC GARDENS. WE ALSO PARTNERED WITH ORGANIZATIONS SUCH AS THE CLYFFORD STILL MUSEUM, CLAYTON EARLY LEARNING AND BUTTERFLY PAVILION TO BOOK AND PROMOTE MUSICAL ACTS FOR THEIR EVENTS. IN TOTAL, THROUGH CONCERT PROGRAMMING, SWALLOW HILL MADE OVER 45,000 MUSICAL CONNECTIONS. OUR CONCERTS HIGHLIGHTED INTERNATIONAL, NATIONAL, AND LOCAL MUSICIANS. WE CONTINUE TO INCREASE OUR COMMITMENT TO NURTURE HOMEGROWN TALENT BY SHOWCASING LOCAL MUSIC IN THE DENVER METRO AREA, AND GROWING BIPOC, FEMME, LGBTQ+ AND DISABLED ARTISTS' AUDIENCES.
AS THE COUNTRY'S SECOND LARGEST ACOUSTIC MUSIC SCHOOL, WE CONTINUED TO SEE EXCELLENT GROWTH IN OUR SCHOOL IN 2023. OUR PORTFOLIO INCLUDES GROUP CLASSES, PRIVATE LESSONS AND WORKSHOPS, BOTH ONLINE AND IN PERSON, TAUGHT BY 53 INSTRUCTORS WHO ARE ALSO PROFESSIONAL MUSICIANS. WE CONTINUE TO RESHAPE OUR PROGRAMMING OFFERINGS TO REFLECT THE DIVERSE ROOTS OF FOLK MUSIC AND THE CHANGING POPULATION OF THE DENVER METRO AREA. BY THE END OF THE YEAR, WE HAD GROWN TO OFFER 640 PROGRAMS TO OVER 2100 UNIQUE STUDENTS TO ESTABLISH MORE THAN 29,000 MUSICAL CONNECTIONS.
TO MAKE MUSIC ACCESSIBLE, WE OFFER MUSIC EDUCATION AND PROGRAMS IN UNDER-RESOURCED COMMUNITIES IN THE METRO AREA. OUR PROGRAMMING INCLUDES LITTLE SWALLOWS, EARLY CHILDHOOD EDUCATION, INFUSED WITH MUSIC FOR PRESCHOOLERS, WHERE SWALLOW HILL PARTNERS WITH SCHOOLS AND ORGANIZATIONS WITH A MAJORITY OF STUDENTS THAT QUALIFY FOR FREE AND REDUCED-PRICED LUNCH AND/OR HEADSTART SUPPORT, AND HAVE HIGH DIVERSITY AMONG STUDENTS. WE STARTED 2023 IN 96 CLASSROOMS ACROSS 22 SCHOOLS AND BY YEAR-END, WE HAD PARTNERED WITH 121 CLASSROOMS IN 25 SCHOOLS FOR OVER 77,000 MUSICAL CONNECTIONS BUT OUR ABILITY TO GROW THE PROGRAM HAS BEEN LIMITED BY AVAILABLE FUNDING. WE ALSO OFFER WORKSHOPS AND INTERACTIVE PERFORMANCES IN K-12 SCHOOLS, MUSIC THERAPY FOR VETERANS, AND PEOPLE LIVING WITH DEVELOPMENTAL OR MENTAL HEALTH CHALLENGES.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tracy Zabel Member | Trustee | 1 | $0 |
Jim Leonard Member | Trustee | 2 | $0 |
Walt Dehaven Chair | OfficerTrustee | 2 | $0 |
Lori Fox Secretary | OfficerTrustee | 1 | $0 |
Kyle Harris Treasurer | OfficerTrustee | 2 | $0 |
Dave Ratner Vice Chair | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $92,072 |
| Fundraising events | $30,133 |
| Related organizations | $0 |
| Government grants | $698,441 |
| All other contributions, gifts, grants, and similar amounts not included above | $675,058 |
| Noncash contributions included in lines 1a–1f | $9,971 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,495,704 |
| Total Program Service Revenue | $3,223,536 |
| Investment income | $110,196 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $21,040 |
| Net Gain/Loss on Asset Sales | $27,885 |
| Net Income from Fundraising Events | -$20,667 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,930,773 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $51,051 |
| Grants and other assistance to domestic individuals. | $24,240 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $299,500 |
| Compensation of current officers, directors, key employees. | $165,256 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,127,712 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $184,125 |
| Payroll taxes | $202,960 |
| Fees for services: Management | $237,600 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $39,684 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $4,830 |
| Fees for services: Other | $202,822 |
| Advertising and promotion | $106,412 |
| Office expenses | $72,882 |
| Information technology | $219,552 |
| Royalties | $0 |
| Occupancy | $76,853 |
| Travel | $6,264 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $5,469 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $87,193 |
| Insurance | $94,983 |
| All other expenses | $20,475 |
| Total functional expenses | $5,594,852 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $300,277 |
| Savings and temporary cash investments | $31,512 |
| Pledges and grants receivable | $389,559 |
| Accounts receivable, net | $62,735 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $16,614 |
| Prepaid expenses and deferred charges | $10,813 |
| Net Land, buildings, and equipment | $766,425 |
| Investments—publicly traded securities | $2,208,520 |
| Investments—other securities | $1,004,549 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $435,717 |
| Total assets | $5,226,721 |
| Accounts payable and accrued expenses | $151,773 |
| Grants payable | $0 |
| Deferred revenue | $143,649 |
| 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 | $103,824 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $399,246 |
| Net assets without donor restrictions | $4,088,258 |
| Net assets with donor restrictions | $739,217 |
| 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 | $5,226,721 |