Gina Bachauer International Piano Foundation
- Assets
- $363.5k
- Revenue
- $358.4k
- Investments
- $0.0
- Employees
- 7
- Location
- Salt Lake City, UT
- Founding
- 05/1987
- Data as of
- 09/2021
- EIN
- 87-0438290
Organization Overview
Gina Bachauer International Piano Foundation is located in Salt Lake City, UT. The organization was established in 1987. According to its NTEE Classification (A65) the organization is classified as: Theater, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 09/2021, Gina Bachauer International Piano Foundation employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Gina Bachauer International Piano 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, Gina Bachauer International Piano Foundation generated $358.4k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 7.6% each year. All expenses for the organization totaled $362.2k during the year ending 09/2021. While expenses have increased by 6.7% 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
THE ORGANIZATION'S MISSION IS TO PROMOTE MUSIC AND TO ORGANIZE, PREPARE, AND CONDUCT THE GINA BACHAUER INTERNATIONAL PIANO COMPETITION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
INTERNATIONAL COMPETITIONS: 2 YOUTH COMPETITIONS WERE PRESENTED ON YOUTUBE AND THE BACHAUER WEBSITE, WITH 44 YOUNG PIANISTS FROM 14 COUNTRIES COMPETING IN JUNE 2021. CHOSEN FROM AN ORIGINAL POOL OF 220 APPLICANTS, 113 PIANISTS PERFORMED IN THE PRELIMINARY ROUNDS IN HAMBURG, MOSCOW, SHANGHAI, NEW YORK CITY, AND SALT LAKE CITY. POSTPONED FROM 2020, THE SOLO ROUNDS WERE CONDUCTED THROUGH VIDEO RECORDINGS DUE TO THE IMPOSSIBILITY OF THE COMPETITORS AND JUDGES TRAVELING TO UTAH.
CONCERT SERIES: 3 VIRTUAL CONCERTS WERE PRESENTED ONLINE. RECORDED AT THE ROSE WAGNER PERFORMING ARTS CENTER, VIDEOGRAPHERS, SOUND ENGINEERS, AND SET DESIGNERS WORKED WITH PIANISTS TO CREATE THREE COLORFUL AND DISTINCT CONCERTS. CAMERA ANGLES, ARTIST COMMENTARY, UNUSUAL SETS, BRILLIANT PLAYING, AND A STEINWAY CONCERT GRAND PIANO WERE ALL UTILIZED TO OFFER UNIQUE EXPERIENCES.
PIANO INSPIRATO: A SERIES OF EDUCATIONAL PROGRAMS PRESENTED ON YOUTUBE, WITH WORLD-CLASS PIANISTS EXPLORING GREAT PIANO MUSIC. TOPICS RANGE FROM A FAMILY OF PIANISTS INSPIRING EXCELLENCE, THE RIVALRY OF CHOPIN AND LISZT, THE HISTORY OF TANGO, A MUSICAL MENAGERIE OF ANIMALS, AND MUSICAL JOURNEYS THROUGH EXOTIC LANDS. TWO PROGRAMS WERE OFFERED IN OTHER LANGUAGES (SPANISH AND MANDARIN). DESIGNED TO SUPPLEMENT MUSIC IN OUR SCHOOLS, WHICH TYPICALLY TAKES ARTISTS AND A STEINWAY GRAND PIANO DIRECTLY TO SCHOOLS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kary Billings Executive Di | OfficerTrustee | 20 | $26,042 |
Douglas Humpherys Artistic Dir | Trustee | 10 | $26,042 |
Joanne Rowland Program Dire | Trustee | 15 | $18,216 |
Arlo Mcginn Secretary | OfficerTrustee | 1 | $0 |
Mark Peterson Treasurer | OfficerTrustee | 3 | $0 |
Chase Kimball Chair | OfficerTrustee | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $157,760 |
| All other contributions, gifts, grants, and similar amounts not included above | $181,730 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $339,490 |
| Total Program Service Revenue | $14,519 |
| Investment income | $3,882 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $524 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $358,415 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $11,000 |
| Grants and other assistance to Foreign Orgs/Individuals | $49,000 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $64,907 |
| Compensation of current officers, directors, key employees. | $12,500 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $32,418 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $9,565 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $7,519 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $2,000 |
| Fees for services: Investment Management | $999 |
| Fees for services: Other | $77,703 |
| Advertising and promotion | $43,035 |
| Office expenses | $6,377 |
| Information technology | $7,615 |
| Royalties | $0 |
| Occupancy | $3,749 |
| Travel | $3,636 |
| 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 | $1,415 |
| Insurance | $1,599 |
| All other expenses | $738 |
| Total functional expenses | $362,183 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $66,634 |
| Savings and temporary cash investments | $7,828 |
| Pledges and grants receivable | $5,100 |
| Accounts receivable, net | $48 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $5,000 |
| Prepaid expenses and deferred charges | $10,723 |
| Net Land, buildings, and equipment | $18,054 |
| Investments—publicly traded securities | $250,066 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $363,453 |
| Accounts payable and accrued expenses | $3,550 |
| 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 | $24,027 |
| Other liabilities | $0 |
| Total liabilities | $27,577 |
| Net assets without donor restrictions | $335,876 |
| Net assets with donor restrictions | $0 |
| 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 | $363,453 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Gina Bachauer International Piano Foundation has recieved totaling $55,160.
| Awarding Organization | Amount |
|---|---|
| $31,700 | |
Norman C@tanner And Barbara L Tanner Second Charitable Support Salt Lake City, UT PURPOSE: GENERAL SUPPORT | $13,400 |
Marriner S Eccles Foundation Salt Lake City, UT PURPOSE: SPONSORSHIP-GINA BACHAUER ARTISTIC SEASON 2019-2020 | $10,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $60 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Hale Centre Theatre Sandy, UT | $67,089,883 | $41,532,108 |
Phoenix Theatre Inc Phoenix, AZ | $21,212,066 | $8,604,934 |
Arizona Theatre Company Tucson, AZ | $5,166,004 | $10,001,507 |
Rialto Theatre Foundation Tucson, AZ | $5,053,009 | $7,645,173 |
Theatre Aspen Aspen, CO | $2,636,414 | $3,832,324 |
Childsplay Inc Tempe, AZ | $2,399,283 | $3,822,737 |
Abt Performing Arts Association Inc Peoria, AZ | $3,404,145 | $5,585,443 |
International Alliance Theatrical Stage Employees & Moving Picture Santa Fe, NM | $2,914,386 | $3,481,191 |
Idaho Shakespeare Festival Inc Boise, ID | $8,329,786 | $2,964,259 |
Lake Tahoe Shakespeare Festival Incline Village, NV | $4,245,960 | $3,281,059 |
Amp Concerts Albuquerque, NM | $3,001,759 | $3,001,207 |
Rocky Mountain Repertorey Theatre Grand Lake, CO | $9,762,143 | $2,216,400 |