Rocky Ridge Music Center Foundation is located in Boulder, CO. The organization was established in 1961. 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 09/2021, Rocky Ridge Music Center Foundation employed 65 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Rocky Ridge Music Center Foundation 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 09/2021, Rocky Ridge Music Center Foundation generated $932.7k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 0.6% each year. All expenses for the organization totaled $636.1k during the year ending 09/2021. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
ROCKY RIDGE MUSIC CENTER TRANSFORMS LIVES THROUGH MUSIC, NATURE, AND COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SUMMER RESIDENTIAL PROGRAMS RETURNED TO IN-PERSON INSTRUCTION AT OUR ESTES PARK CAMPUS WITH AN INTENTIONAL REDUCTION IN ENROLLMENT TO MITIGATE COVID-19 EXPOSURE.YOUTH PROGRAMSROCKY RIDGE MUSIC CENTER'S YOUTH PROGRAM OFFERS EVERYTHING FROM HALF HOUR LESSONS TO A MONTH-LONG RESIDENTIAL MUSIC INTENSIVE FOR COLLEGE STUDENTS AT THE BOULDER AND ESTES PARK LOCATIONS. DURING THE FOUR WEEKS YOUNG ARTIST SEMINAR, STUDENTS BETWEEN THE AGES OF 18 TO 24 RECEIVE TWO WEEKLY PRIVATE LESSONS, PERFORM TWO ORCHESTRA CONCERTS, DELVE DEEPLY INTO ADVANCED CHAMBER MUSIC AND PERFORM FOR THEIR PEERS AND THE PUBLIC AT OUR HISTORIC CONCERT HALL AND IN THE COMMUNITY. IN ADDITION, YOUNG ARTIST CONCERTO WINNERS PERFORM WITH THE YOUNG ARTIST FESTIVAL ORCHESTRA, PARTICIPATE IN YOUNG ARTIST PIANO TRIO FELLOWS PROGRAM, ATTEND PANEL DISCUSSIONS ABOUT THE MUSIC INDUSTRY, AND TAKE PART IN MOCK AUDITIONS AND RECEIVE FEEDBACK FROM SEASONED ORCHESTRAL MUSICIANS. YOUNG ARTIST COMPOSERS RECEIVE READINGS BY FACULTY AS WELL AS PREMIERE PEFORMANCE AND RECORDING OF THEIR WORKS. IN TWO WEEKS OF JUNIOR MUSIC PROGRAMS, STUDENTS BETWEEN THE AGES 10 TO 17 HONE THEIR SKILLS AND DEVELOP THEIR UNIQUE MUSICAL VOICES THROUGH COMPOSITION, ENSEMBLES, PERFORMANCE, AND PRIVATE TUTORIALS. ADDITIONALLY, STUDENTS COLLABORATE TO COMPOSE A NEW ORCHESTRAL WORK FOR THE FINAL CONCERT. OPPORTUNITIES FOR GROWTH INCLUDE ELECTIVES IN JAZZ IMPROVISTATION, FIDDLING, OR MUSICAL THEATRE. THEY ALSO HAVE THE OPTION TO CHALLENGE THEMSELVES FURTHER THROUGH STUDY OF ADVANCED CLASSICAL REPERTOIRE OR PARTICIPATE IN THE CONCERTO COMPETITION.ADULT PROGRAMSTHE ADULT PIANO SEMINAR AT THE ESTES PARK CAMPUS PRODUCES TWO, FOUR DAY SEMINARS WHICH OFFER ADULTS OF ALL LEVELS TO ADVANCE THEIR SKILLS IN LESSONS AND AMSTER CLASSES WITH PROFESSIONAL PIANO INSTRUCTORS WHO ARE WORLD-CLASS PEFORMERS, CHAMBERRE-IN-THE-ROCKIES OFFERS AMATEUR STRING PLAYERS A COMMUNITY OF LIKE-MINDED PEERS WHO ENJOY PLAYING CHAMGER MUSIC OVER ONE TO FIVE DAYS, AND FORMING LIFE-LONG FRIENDSHIPS THROUGH SHARED LOVE OF MUSIC.
PRESERVATION OF OUR HISTORIC FACILITY.PRESERVATION AND MODERNIZATION OF OUR HISTORICAL CAMPUS IS AN ONGOING EFFORT AND PART OF OUR BOARD'S FOCUS. INVESTMENTS AND SPENDING IN THIS AREA WERE PUT ON HOLD STARTING IN MARCH 2020 DUE TO THE COVID-19 PANDEMIC AND RESULTANT DECREASE IN REVENUE. THE AMOUNT SHOWN IS MOSTLY DEPRECIATION ON THE EXTENSIVE IMPROVEMENTS WE HAVE MADE IN RECENT YEARS IN RESIDENCE CABINS AND INFRASTRUCTURE. THERE WAS SOME WORK ON TWO CABINS THIS FISCAL YEAR BEFORE THE PANDEMIC.OUR FACILITY WAS HOMESTEADED AND CONSTRUCTED AS AN INN IN THE EARLY 1900S, OCCUPIED BY ROCKY RIDGE SINCE 1951, AND WAS DECLARED A NATIONAL HISTORIC DISTRICT IN THE EARLY 1990S. THE RUSTIC HISTORIC FEEL IS INTEGRAL TO THE INTIMATE, PERSONAL NATURE OF OUR MUSIC EDUCATION EXPERIENCES. NATURE AND COMMUNITY ARE PART OF OUR MISSION STATEMENT AND THE SMALL STUDENT BODY AND THE CLOSE COMMUNAL LIVING IN RUSTIC CABINS REINFORCE THE MUTUAL SUPPORT THE STUDENTS FEEL FOR EACH OTHER'S ACCOMPLISHMENTS. THUS, IT IS IMPERATIVE THAT WE PRESERVE THE HISTORIC NATURE OF OUR FACILITY WHILE CAREFULLY MODERNIZING IT TO MEET CURRENT SAFETY CODES AND STUDENT EXPECTATIONS. BY MODERNIZING OUR CAMPUS, OUR GOAL IS TO KEEP THE ACCOMMODATIONS COMFORTABLE FOR TODAY'S STUDENTS' EXPECTATIONS - BOTH ADULT AND YOUTH - SO THAT OUR PROGRAM AND THE FACILITY CONTINUE AND PROSPER. IT HAS ALSO BEEN NECESSARY TO BRING THE FACILITY UP TO CURRENT SAFETY CODES WHICH WE HAVE ACCOMPLISHED. WE ARE CAREFUL TO KEEP THE HISTORIC AESTHETIC OF OUR CAMPUS IN THESE MODERNIZATIONS. WE BEGAN MODERNIZATION IN THE EARLY 1990S WHEN THE OWNER/FOUNDER TURNED THE ORGANIZATION OVER TO A VOLUNTEER IRS SEC 501(C)(3) BOARD. GRANTS FROM THE STATE HISTORICAL FUND (SHF) WERE CRUCIAL IN GETTING THE PROCESS STARTED BY ADDRESSING THE TWO MAJOR BUILDINGS AT THE HEART OF THE CAMPUS. LATER SHF GRANTS HELPED RESTORE 3 CABINS. IT HAS BEEN A LONG PROCESS TO CATCH UP, AND THEN MATCH, THE STANDARDS OF MODERN CODES AND STUDENT EXPECTATIONS, AND IT IS ONGOING. FOR EXAMPLE IN 2018 AND 2019 WE REPLACED THE SECOND OF THREE SEPTIC SYSTEMS, WINTERIZED ONE CABIN FOR YEAR-ROUND LIVING FOR SEASONAL STAFF, AND INSTALLED THE WATER/SEWAGE INFRASTRUCURE AND ADDED A BATHROOM TO A CABIN.
MUSICAL ACADEMIES IN BOULDER AND DENVER.THE YEAR-LONG MUSIC ACADEMY IS THE COMMUNITY ARM OF THE ROCKY RIDGE MUSIC CENTER AND ACCEPTS STUDENTS OF ALL AGES AND LEVELS. IT MOVED TO ONLINE SYNCHRONUS LESSONS STARTING IN MARCH 2020 IN RESPONSE TO THE COVID-19 PANDEMIC. WE ALSO PRODUCED MANY MASTER CLASSES ONLINE. THE DENVER BRANCH WAS CLOSED AND THE BOULDER LOCATION PUT ON HOLD AS WE WENT VIRTUAL. WE EXPECT TO RESUME IN PERSON TEACHING IN BOULDER WHEN CONDITIONS PERMIT.THE MUSIC ACADEMY OFFERS PRIVATE LESSONS IN ORCHESTRAL INSTRUMENTS, GUITAR, VOICE, PIANO, AND THEORY. CLASS OFFERINGS INCLUDE PIANO WORKSHOPS FOR ADULT LEARNERS, YOUTH STRING CHAMBER ORCHESTRA, AND ADULT UKULELE EMSEMBLE.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Soyoung Lee Exec. Director | Officer | 40 | $122,964 |
Lena Parenyak Treasurer | OfficerTrustee | 1 | $0 |
Melvina Carrick President | OfficerTrustee | 5 | $0 |
Jessica Tolmach Vice President | OfficerTrustee | 5 | $0 |
Kristen Penny Secretary | Trustee | 1 | $0 |
Gary Thornton Trustee | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $404,021 |
All other contributions, gifts, grants, and similar amounts not included above | $129,533 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $533,554 |
Total Program Service Revenue | $381,027 |
Investment income | $24 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $18,047 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $932,652 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $43,750 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $86,879 |
Compensation of current officers, directors, key employees. | $7,062 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $191,143 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $22,579 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $9,730 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $37,819 |
Office expenses | $41,631 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $2,500 |
Travel | $14,891 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $5,596 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $64,000 |
Insurance | $29,799 |
All other expenses | $5,686 |
Total functional expenses | $636,062 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $135,363 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $2,861 |
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 | $9,521 |
Net Land, buildings, and equipment | $722,146 |
Investments—publicly traded securities | $323,101 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $1,192,992 |
Accounts payable and accrued expenses | $25,689 |
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 | $176,461 |
Total liabilities | $202,150 |
Net assets without donor restrictions | $385,675 |
Net assets with donor restrictions | $605,167 |
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 | $1,192,992 |
Over the last fiscal year, we have identified 7 grants that Rocky Ridge Music Center Foundation has recieved totaling $62,522.
Awarding Organization | Amount |
---|---|
Community First Foundation Arvada, CO PURPOSE: GENERAL PURPOSE | $24,214 |
Bonfils-Stanton Foundation Denver, CO PURPOSE: TO SUPPORT THE PROFESSIONAL DEVELOPMENT OF SOYOUNG LEE | $17,500 |
Denver Foundation Denver, CO PURPOSE: GENERAL OPERATING SUPPORT | $10,000 |
Bonfils-Stanton Foundation Denver, CO PURPOSE: ORGANIZATIONAL SUPPORT GRANT RELATED TO SOYOUNG LEE'S PARTICIPATION IN THE LIVINGSTON FELLOWSHIP PROGRAM | $10,000 |
Bank Of America Charitable Foundation Inc Charlotte, NC PURPOSE: OPERATIONAL SUPPORT | $500 |
Bank Of America Charitable Foundation Inc Charlotte, NC PURPOSE: OPERATIONAL SUPPORT | $250 |
Beg. Balance | $91,500 |
Earnings | $9 |
Admin Expense | $22 |
Grants | $9 |
Ending Balance | $91,478 |
Organization Name | Assets | Revenue |
---|---|---|
Jazz At Aspen-Snowmass Aspen, CO | $5,325,438 | $11,239,996 |
Grand Teton Music Festival Inc Jackson, WY | $21,966,338 | $8,778,128 |
Colorado Music Festival Boulder, CO | $2,219,616 | $3,012,496 |
Amp The Cause Denver, CO | $134,793 | $2,222,228 |
Strings Music Festival Steamboat Springs, CO | $9,630,765 | $2,301,723 |
Swallow Hill Music Association Denver, CO | $6,215,784 | $6,402,960 |
Youth On Record Denver, CO | $1,879,684 | $1,486,408 |
Yfc Inc Omaha, NE | $650,534 | $1,235,325 |
Parlando Incorporated Boulder, CO | $1,273,068 | $2,033,961 |
Santa Fe Concert Association Santa Fe, NM | $379,174 | $1,132,324 |
Piano Technicians Guild Incorporated Kansas City, KS | $3,439,012 | $1,235,937 |
The Vail Jazz Foundation Inc Vail, CO | $1,001,642 | $1,276,123 |