Samuel Vargas International Music Foundation Corporation
- Assets
- $1.0k
- Revenue
- $1.3k
- Investments
- $0.0
- Employees
- 0
- Location
- Columbus, GA
- Founding
- Data as of
- 12/2021
- EIN
- 85-0818317
Organization Overview
Samuel Vargas International Music Foundation Corporation is located in Columbus, GA. According to its NTEE Classification (A25) the organization is classified as: Arts Education, 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. Samuel Vargas International Music Foundation Corporation 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 12/2021, Samuel Vargas International Music Foundation Corporation generated $1.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (7.4%) each year. All expenses for the organization totaled $1.4k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
ONLINE EDUCATION ENCOMPASSES THE LEARNING OPPORTUNITIES THAT TAKE PLACE ONLINE AND ARE OPEN TO ANY MEMBER OF OR OUTSIDE OF THE ORGANIZATION. THE 2 MAIN ASPECTS OF ONLINE EDUCATION THAT WE ENGAGED IN DURING 2021 WERE INTERVIEWS AND CONCERTS. INTERVIEWS WERE LIVE-STREAMED PUBLICLY THROUGH FACEBOOK WITH INTERNATIONAL EXPERTS IN AREAS RELATED TO EDUCATION NEUROSCIENCE AND MUSICIANSHIP. CONCERTS WERE PREMIERED ON FACEBOOK AND YOUTUBE AFTER BEING PRE-RECORDED BY INDIVIDUALS AND SMALL GROUPS AND BEING EDITED TOGETHER IN A SINGLE EVENT. ALL PERSONNEL INVOLVED VOLUNTEERED THEIR TIME.
THE SV SCHOLARS PROGRAM OFFERS INTENSIVE STUDY OF THE VIOLIN PERFORMANCE PEDAGOGY AND HISTORY. 5 STUDENTS WERE SELECTED FOR FULL SCHOLARSHIP IN 2021 TO TAKE PART IN THIS PROGRAM THROUGH WHICH THEY RECEIVED WEEKLY PRIVATE LESSONS AND WEEKLY GROUP CLASSES ROTATING BETWEEN STUDIO PERFORMANCES COURSES IN VIOLIN LITERATURE AND COURSES IN VIOLIN PEDAGOGY. THEY ALSO RECEIVED PERFORMANCE OPPORTUNITIES THROUGH COMPETITION PREPARATION AND LIVE ENGAGEMENTS AND LEADERSHIP DEVELOPMENT ALL UNDER THE EXPERTISE OF PRESIDENT SAMUEL VARGAS. ALL PERSONNEL INVOLVED VOLUNTEERED THEIR TIME.
THE STUDENT SCHOLARS PROGRAM PROVIDES A PLATFORM AND FULL SCHOLARSHIPS TO STUDENTS FROM UNDERREPRESENTED COMMUNITIES AROUND THE WORLD TO TAKE WEEKLY ONLINE LESSONS WITH TEACHERS WHO HAVE APPLIED AND BEEN SELECTED BY THE ARTISTIC AND EDUCATIONAL COMMITTEE. IN ADDITION TO THESE ONE-ON-ONE LESSONS WITH MENTORS STUDENTS COLLABORATE WITH OTHER TEACHING ARTISTS AND GUEST SPEAKERS WHO GIVE INTERACTIVE WORKSHOPS ON A VARIETY OF SUBJECTS INCLUDING HEALTH HISTORY THEORY PEDAGOGY PROFESSIONAL DEVELOPMENT AND MORE. SEVERAL OF THESE STUDENTS HAVE SINCE BEEN ACCEPTED INTO UNIVERSITIES CONSERVATORIES AND MUSIC SCHOOLS IN THEIR COUNTRIES IN PART DUE TO THE GUIDANCE AND OPPORTUNITIES OFFERED AFTER A COMPLETE YEAR OR MORE OF INSTRUCTION. THE SIX-MONTH COMMITMENT WHICH CAN BE RENEWED CONSECUTIVELY UNTIL THE AGE OF 26 OR A DISMISSAL IS DIVIDED INTO TWO THREE-MONTH SECTIONS WITH INDIVIDUALIZED PLANS AND GOALS TAILORED TO INDIVIDUAL NEEDS. ALL PERSONNEL INVOLVED VOLUNTEERED THEIR TIME.
OUTREACH NEW YEARS CONCERT OSJI SUMMER CAMP IS ONE VEHICLE IN WHICH MUSIC CAN BE SHARED WITHIN COMMUNITIES AND IT IS USUALLY BOTH A PERFORMANCE AND AN EDUCATIONAL OPPORTUNITY FOR THE PARTICIPANTS AND THE AUDIENCE. THERE WERE 2 MAIN MODALITIES FOR OUTREACH IN 2021. 1. NEW YEARS CONCERT - ONLINE STREAMING 2. OSJI SUMMER CAMP - ONLINE WORKSHOPS MASTERCLASSES AND REHEARSALS WITH A 1-WEEK IN-PERSON ASPECT AROUND 4 CITIES OF GUATEMALA TO RECORD ENSEMBLES FOR A CELEBRATION CONCERT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Samuel Abraham Vargas President | 30 | $0 | |
Sergiu Schwartz Director | 1 | $0 | |
Boris Abramov Vice President | 1 | $0 | |
Nathaniel Parker Director | 3 | $0 | |
Diego Piedra Director | 1 | $0 | |
Elena Kolbrek Executive Director | 30 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,302 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $1,302 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,370 |
| Total operating and administrative expenses | $1,370 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $1,370 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,000 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,000 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
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