Red Rocks Music Festival
- Assets
- $165.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Phoenix, AZ
- Founding
- 02/2002
- Data as of
- 09/2023
- EIN
- 86-1035975
Organization Overview
Red Rocks Music Festival is located in Phoenix, AZ. The organization was established in 2002. According to its NTEE Classification (A68) the organization is classified as: Music, 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. Red Rocks Music Festival 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 09/2023, Red Rocks Music Festival generated $196.8k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 23.1% each year . All expenses for the organization totaled $219.0k during the year ending 09/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
THE RED ROCKS MUSIC FESTIVAL EDUCATES, ENGAGES AND CHALLENGES AUDIENCES THROUGH A UNIQUE COLLABORATION OF MUSICIANS FROM LEADING ARIZONA PERFORMING ARTS ORGANIZATIONS AND WORLD-ACCLAIMED ARTISTS. THE RED ROCKS MUSIC FESTIVAL, AS PART OF ITS SERVICES, OPERATES THE WINTER CHAMBER MUSIC INSTITUTE WHICH PROVIDES MASTER CLASSES AND WORKSHOPS TO ENABLE YOUNG MUSICIANS TO LEARN SKILLS FROM MASTER MUSICIANS. SCHOLARSHIPS ARE PROVIDED TO STUDENTS BASED ON FINANCIAL NEED AND MERIT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Judith Bukshpan Secretary | 25 | $0 | |
Yvonne Boutell Board Member | 3 | $0 | |
Richard Harding Board Member | 4 | $0 | |
Moshe Bukshpan Executive Director | 40 | $103,330 | |
Jeffrey Bush President | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $139,680 |
| Total Program Service Revenue | $39,480 |
| Membership dues | $0 |
| Investment income | $2,654 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $14,271 |
| Total Revenue | $196,835 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $103,330 |
| Professional fees and other payments to independent contractors | $3,375 |
| Occupancy, rent, utilities, and maintenance | $5,427 |
| Printing, publications, postage, and shipping | $2,606 |
| Other expenses | $104,114 |
| Total expenses | $218,952 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $164,982 |
| Other assets | $0 |
| Total assets | $164,982 |
| Total liabilities | $56,498 |
| Net assets or fund balances | $108,484 |