Arizona Musicfest
- Assets
- $5.9m
- Revenue
- $1.9m
- Investments
- $0.0
- Employees
- 6
- Location
- Scottsdale, AZ
- Founding
- 10/2001
- Data as of
- 06/2021
- EIN
- 86-1034396
Organization Overview
Arizona Musicfest is located in Scottsdale, AZ. The organization was established in 2001. According to its NTEE Classification (A69) the organization is classified as: Symphony Orchestras, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 06/2021, Arizona Musicfest employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Arizona Musicfest 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, Arizona Musicfest generated $1.9m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 8.7% each year. All expenses for the organization totaled $1.1m during the year ending 06/2021. 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
SEE FUNCTIONS DESCRIBED IN PART III, LINE 4A.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE MISSION OF ARIZONA MUSICFEST IS TO ENGAGE, STIMULATE AND DELIGHT AUDIENCES, FROM NEAR AND FAR, AS AN IMPORTANT DESTINATION MUSIC FESTIVAL; TO EDUCATE AND INSPIRE YOUNG AND OLD THROUGH MUSIC ENRICHMENT PROGRAMS; TO CULTIVATE, SUPPORT AND PROMOTE ASPIRING YOUNG MUSICIANS THROUGH PERFORMANCE OPPORTUNITIES, COMPETITIONS AND SCHOLARSHIPS; AND TO FOSTER AN ORGANIZATIONAL CULTURE THAT VALUES PROFESSIONALISM, VOLUNTEERISM, PATRONAGE AND A SENSE OF FAMILY. THE ANNUAL ARIZONA MUSICFEST CONCERT SEASON TAKES PLACE BETWEEN NOVEMBER AND MARCH, WHILE MUSIC EDUCATION AND YOUTH PROGRAMS OCCUR YEAR ROUND.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Allan Naplan Exec/prod Di | Officer | 40 | $139,200 |
Robert Moody Music Direct | Officer | 4.5 | $50,750 |
David Buzzelli Co-Chairman | OfficerTrustee | 1 | $0 |
Chuck Goldthwaite Co-Chairman | OfficerTrustee | 1 | $0 |
Pat Cohen Co-Vice Chai | OfficerTrustee | 1 | $0 |
Doug Redding Treasurer | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,341,849 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,341,849 |
| Total Program Service Revenue | $106,189 |
| Investment income | $52,977 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $203,587 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,868,166 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $21,500 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $180,000 |
| Compensation of current officers, directors, key employees. | $40,500 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $255,223 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $41,892 |
| Payroll taxes | $26,395 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $22,414 |
| Fees for services: Other | $354,919 |
| Advertising and promotion | $25,727 |
| Office expenses | $18,058 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $153,931 |
| Travel | $0 |
| 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 | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $1,127,532 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,569,889 |
| Pledges and grants receivable | $154,694 |
| Accounts receivable, net | $0 |
| 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 | $120,224 |
| Net Land, buildings, and equipment | $152,708 |
| Investments—publicly traded securities | $3,905,005 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $5,902,520 |
| Accounts payable and accrued expenses | $56,064 |
| Grants payable | $0 |
| Deferred revenue | $769,673 |
| 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 | $825,737 |
| Net assets without donor restrictions | $4,626,175 |
| Net assets with donor restrictions | $450,608 |
| 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 | $5,902,520 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Arizona Musicfest has recieved totaling $7,000.
| Awarding Organization | Amount |
|---|---|
William And Joanne Moeller Foundation Scottsdale, AZ PURPOSE: GENERAL SUPPORT | $6,000 |
Sherman And Linda Saperstein Charitable Trust Scottsdale, AZ PURPOSE: SUPPORT FOR MUSIC PROGRAMS | $1,000 |
Endowment Analysis
| Beg. Balance | $3,262,925 |
| Net Contributions | $14,000 |
| Other Expense | -$2,182,884 |
| Ending Balance | $1,094,041 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
San Diego Symphony Orchestra Association San Diego, CA | $168,111,113 | $56,683,795 |
Colorado Symphony Association Denver, CO | $12,961,781 | $18,715,868 |
Pacific Symphony Irvine, CA | $52,133,763 | $17,603,170 |
San Diego Symphony Foundation San Diego, CA | $121,018,561 | $925,945 |
Philharmonia Baroque Orchestra & Chorale San Francisco, CA | $8,005,058 | $4,824,687 |
Santa Rosa Symphony Association Santa Rosa, CA | $23,001,628 | $6,302,463 |
Tucson Symphony Society Tucson, AZ | $15,428,177 | $6,501,284 |
Phoenix Symphony Association Phoenix, AZ | $1,368,252 | $4,890,998 |
Pasadena Symphony Association Pasadena, CA | $11,596,205 | $5,563,647 |
Santa Barbara Symphony Orchestra Association Santa Barbara, CA | $1,028,763 | $2,763,199 |
The Los Angeles Chamber Orchestra Society Inc Los Angeles, CA | $5,194,806 | $3,490,076 |
Philharmonic Society Of Orange County Irvine, CA | $2,790,910 | $2,557,738 |