Phoenix Conservatory Of Music is located in Phoenix, AZ. The organization was established in 1999. According to its NTEE Classification (A6E) the organization is classified as: Performing Arts Schools, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 06/2021, Phoenix Conservatory Of Music employed 38 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Phoenix Conservatory Of Music 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 06/2021, Phoenix Conservatory Of Music generated $846.3k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 9.0% each year. All expenses for the organization totaled $577.3k during the year ending 06/2021. While expenses have increased by 4.4% per year over the past 6 years. They've been increasing with an increasing level of total revenue. 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
TO UNLEASH THE POWER OF MUSIC BY PROVIDING HIGH QUALITY MUSIC EDUCATION AND (CONTINUED ON SCHEDULE 0) EXPERIENCES TO STUDENTS AND FAMILIES THAT IS AFFORDABLE AND ACCESSIBLE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PCM'S COLLEGE PREP PROGRAM IS A NATIONALLY AWARD WINNING AFTER SCHOOL PROGRAM FOR CONTEMPORARY MUSIC EDUCATION. MEMBERS WITH BERKLEE COLLEGE OF MUSIC'S CITY MUSIC NETWORK. THIS ROBUST AFTER SCHOOL PROGRAM FOR STUDENTS IN 4TH GRADE THROUGH 12TH, GIVES STUDENTS OPPORTUNITIES TO LEARN IN A SETTING THAT MIMICS COLLEGE STUDY WITH PRIVATE LESSONS, CONTEMPORARY MUSIC ENSEMBLES, MUSIC THEORY, RELEVANT ENRICHMENT PROGRAMS AND MANY PERFORMANCE OPPORTUNITIES. PROGRAM PARTNERS INCLUDE: BERKLEE COLLEGE OF MUSIC CITY MUSIC NETWORK, PARADISE VALLEY COMMUNITY COLLEGE, THE NASH/JAZZ IN AZ, GRAND CANYON UNIVERSITY, FERVOR RECORDS, INSIGHT MANAGEMENT, ARIZONA STATE UNIVERSITY AND MUSICIAN'S INSTITUTE. IN 2020-2021 PCM SERVED THE FOLLOWING IN OUR COLLEGE PREP PROGRAM: 68% OF STUDENTS RECEIVED FINANCIAL ASSISTANCE/SCHOLARSHIP, 69% IDENTIFY AS DIVERSE, STUDENTS RECEIVED 624 HOURS OF DIRECT INSTRUCTION AND PCM PROVIDED 3 SUMMER INTENSIVE SCHOLARSHIPS TO COLLEGE IMMERSION PROGRAMS. TO DATE: WE HAVE AWARDED 30 SUMMER INTENSIVE SCHOLARSHIPS, HAVE A 99% GRADUATION RATE, 80%+ GO TO COLLEGE, AND STUDENTS HAVE CUMULATIVELY EARNED OVER $3.2M IN SCHOLARSHIP DOLLARS.
PRIVATE MUSIC LESSONS ARE A WAY FOR US TO DEEPEN THE LEARNING WITH LONG TERM, INTENSE SKILL BUILDING AND CRAFT DEVELOPMENT. WITH A SLIDING TUITION SCALE, WE PROVIDE MARKET RATE LESSONS, LESSONS ON FINANCIAL AID AT A REDUCED RATE FOR FAMILIES IN NEED, AND PRIVATE MUSIC LESSONS ON FULL SCHOLARSHIP. IN 2020-2021 PCM SERVED THE FOLLOWING IN OUR PRIVATE LESSON PROGRAMS: 318 STUDENTS, 42% RECEIVING FINANCIAL ASSISTANCE, WE GAVE 4,872 PRIVATE MUSIC LESSONS AT A REDUCED RATE AND 1,220 PRIVATE MUSIC LESSONS AT NO COST TO FAMILIES IN NEED. PCM FACILITATED OVER 7,516 HOURS OF DIRECT INSTRUCTION WHERE 45% OF LESSONS WERE HELD ONLINE AND 55% HELD IN PERSON.
AFTER SCHOOL PROGRAMS: AFTER SCHOOL PROGRAMS HAPPEN OFF SITE (E.G., SCHOOLS, LIBRARIES, BOYS AND GIRLS CLUBS). THEY ARE LARGELY WITH TITLE 1 SCHOOLS IN LOWER SOCIO-ECONOMIC AREAS. PROGRAMS ARE 1-3 HOURS PER WEEK FOR 5 WEEKS TO A FULL YEAR IN GUITAR, VOICE, TAIKO DRUMMING, WORLD MUSIC, ETC. THESE PROGRAMS ARE HIGHLY INTERACTIVE AND FOCUS ON BUILDING DEVELOPMENTAL ASSETS. THEY ARE FUNDED THROUGH GRANTS. STUDENTS PARTICIPATE AT NO COST. IN 2020-2021 PCM SERVED THE FOLLOWING IN OUR AFTER SCHOOL PROGRAMS: 320 STUDENTS, 15 PARTNERS, 611 DIRECT INSTRUCTIONAL HOURS, 75% OF STUDENTS RECEIVING FREE/REDUCED LUNCH.CONTINUED ON SCHEDULE OSCHOOL CAPACITY BUILDING: SCHOOL CAPACITY BUILDING WORKS WITH SCHOOLS AND DISTRICTS TO PROVIDE ACCESS TO PROFESSIONAL DEVELOPMENT, PARTNERSHIP AND RELATIONSHIP BUILDING, COMMUNITY NETWORKING AND PROVIDING TEACHING RESOURCES TO SCHOOL MUSIC TEACHERS AND PROGRAMS IN NEED (E.G., PROVIDING MUSICIANSHIP PROGRAMS, THEORY PROGRAMS, POPULAR MUSIC PEDAGOGY AND COACHING, MUSIC TECHNOLOGY PEDAGOGY AND COACHING, SECTIONAL WORK, ETC.) IN 2020-2021 PCM SERVED THE FOLLOWING IN OUR SCHOOL CAPACITY BUILDING PROGRAMS: 20 EDUCATORS WITH PROFESSIONAL DEVELOPMENT, ADOPTED 1 SCHOOL MUSIC PROGRAM IN NEED AND SERVED 40 STUDENTS WITH 50 HOURS OF DIRECT INSTRUCTION.GROUP CLASSES ARE FACILITATED AT OUR LOCATION. THEY ARE A JUMPING BOARD OF LEARNING FOR BEGINNING MUSICIANS. WITH PROGRAMS FOR BABIES, TO OUR LITTLE HANDS' SERIES, AND A BEGINNING SERIES FOR CHILDREN, TEENS, AND ADULTS. THESE PROGRAMS ARE NOT TO LOW COST, WITH SOME BEING FREE DROP-IN PROGRAMS. WEEKLY PROGRAMS INCLUDED: PARENT/TOT MUSIC TIME (FREE EARLY CHILDHOOD MUSIC CLASS), PIANO, VIOLIN, SINGING, GUITAR, AND PERCUSSION FOR LITTLE HANDS AGES 4-7, PIANO, VIOLIN, SINGING, GUITAR, AND PERCUSSION FOR YOUTH AGES 8-14, PIANO, VIOLIN, SINGING, GUITAR, AND PERCUSSION FOR AGES 15+, NO COST DROP IN EAR TRAINING AND OPEN JAMS, AUDIO PRODUCTION.SUMMER PROGRAMS INCLUDED: SENSATIONAL SINGERS, MUSIC AROUND THE WORLD, ROCK N ROLL SINGING, GUITAR PALS, PIANO PALS, DRUMLINE READINESS, AUDIO PRODUCTION, SINGER SONGWRITER JAM, SWING INTO JAZZ, AND CAMP ROCK. IN 2020-2021 PCM SERVED THE FOLLOWING IN OUR GROUP CLASSES AND SUMMER CAMP PROGRAMS: 144 STUDENTS, 76 IN GROUP CLASSES AND 56 IN SUMMER WORKSHOPS AND 28% RECEIVED FULL SCHOLARSHIPS TO PARTICIPATE.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Teresa Regina Nixon Executive Director | Officer | 40 | $49,714 |
Neal Bookspan Board Chair | OfficerTrustee | 3 | $0 |
Lori Mccallian Vice Chair | OfficerTrustee | 3 | $0 |
Jesus Love Past President | OfficerTrustee | 3 | $0 |
Ken Schlemmel Treasurer/secretary | OfficerTrustee | 3 | $0 |
Jason D Farrell Director | Trustee | 3 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $300,405 |
All other contributions, gifts, grants, and similar amounts not included above | $330,105 |
Noncash contributions included in lines 1a–1f | $4,175 |
Total Revenue from Contributions, Gifts, Grants & Similar | $630,510 |
Total Program Service Revenue | $215,831 |
Investment income | $0 |
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 | $846,341 |
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. | $49,714 |
Compensation of current officers, directors, key employees. | $2,486 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $306,859 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $28,994 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $12,750 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $6,683 |
Advertising and promotion | $22,265 |
Office expenses | $32,913 |
Information technology | $3,935 |
Royalties | $0 |
Occupancy | $22,122 |
Travel | $1,961 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $370 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $3,595 |
Insurance | $9,774 |
All other expenses | $7,953 |
Total functional expenses | $577,333 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $230,892 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $146,691 |
Accounts receivable, net | $6,902 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $3,691 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $4,600 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $10,200 |
Total assets | $402,976 |
Accounts payable and accrued expenses | $13,087 |
Grants payable | $0 |
Deferred revenue | $1,757 |
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 | $14,844 |
Net assets without donor restrictions | $236,941 |
Net assets with donor restrictions | $151,191 |
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 | $402,976 |
Over the last fiscal year, we have identified 7 grants that Phoenix Conservatory Of Music has recieved totaling $112,250.
Awarding Organization | Amount |
---|---|
Schwab Charitable Fund San Francisco, CA PURPOSE: ARTS, CULTURE & HUMANITIES | $59,674 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $12,576 |
Arizona Community Foundation Phoenix, AZ PURPOSE: PROGRAM SUPPORT | $11,000 |
Thunderbirds Charities Phoenix, AZ PURPOSE: COMMUNITY OUTREACH/QUALITY OF LIFE | $10,000 |
Herberger Foundation Scottsdale, AZ PURPOSE: MUSIC EDUCATION & EXPERIENCES TO STUDENTS AND FAMILIES | $10,000 |
Jaburg & Wilk Foundation Inc Phoenix, AZ PURPOSE: GENERAL | $6,000 |
Organization Name | Assets | Revenue |
---|---|---|
The Colburn School Los Angeles, CA | $335,953,493 | $44,139,579 |
Music Associates Of Aspen Inc Aspen, CO | $125,000,117 | $22,688,530 |
Music Academy Of The West Santa Barbara, CA | $120,750,921 | $15,444,605 |
Community Music Center San Francisco, CA | $15,281,174 | $7,950,655 |
Community School Of Music And Arts Mountain View, CA | $18,628,663 | $6,488,682 |
Hale Center Foundation For The Arts And Education Orem, UT | $4,571,112 | $5,633,884 |
East Bay Center For The Performing Arts Richmond, CA | $17,638,229 | $4,210,824 |
Pasadena Conservatory Of Music Pasadena, CA | $15,881,465 | $7,957,752 |
Rlg Land Foundation Bakersfield, CA | $25,153,075 | $1,533,826 |
Etm-La Inc Burbank, CA | $1,833,553 | $2,704,236 |
Stanford Jazz Workshop Stanford, CA | $2,242,976 | $2,072,120 |
College Of Adaptive Arts Saratoga, CA | $617,789 | $1,346,565 |