Moab Music Festival Inc
- Assets
- $2.2m
- Revenue
- $885.7k
- Investments
- $0.0
- Employees
- 17
- Location
- Moab, UT
- Founding
- 05/1993
- Data as of
- 12/2021
- EIN
- 87-0502896
Organization Overview
Moab Music Festival Inc is located in Moab, UT. The organization was established in 1993. According to its NTEE Classification (A68) the organization is classified as: Music, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2021, Moab Music Festival Inc employed 17 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Moab Music Festival Inc 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, Moab Music Festival Inc generated $885.7k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.6% each year. All expenses for the organization totaled $661.5k during the year ending 12/2021. While expenses have increased by 2.6% per year over the past 7 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 PRESENT A WORLD-CLASS ANNUAL CHAMBER MUSIC FESTIVAL USING THE NATURAL LANDSCAPES AS OUR CONCERT HALL AND TO PROVIDE FOR THE CULTURAL ENRICHMENT OF SOUTHEASTERN UTAH.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE MOAB MUSIC FESTIVAL PRESENTS AN ANNUAL MULTI-WEEK, CRITICALLY ACCLAIMED CHAMBER MUSIC FESTIVAL FEATURING UNIQUE AND DIVERSE PROGRAMMING IN THE NATURAL LANDSCAPES OF SOUTHEAST UTAH. THE FESTIVAL IS DEDICATED TO CULTURAL ENRICHMENT OF THE COMMUNITY AND PROVIDES CULTURAL AND ECONOMIC BENEFITS TO AN UNDERSERVED RURAL AREA OF UTAH. THE MOAB MUSIC FESTIVAL ALSO PROVIDES MUSIC EDUCATION FOR ALL AGES IN THE LOCAL COMMUNITY WITH THE HELP OF VISITING ARTISTS AND VARIOUS ONGOING COMMUNITY PARTNERSHIPS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rhiana Medina Secretary | OfficerTrustee | 4 | $0 |
David Smith Treasurer/tr | OfficerTrustee | 4 | $0 |
Anne Wilson President | OfficerTrustee | 4 | $0 |
Maggie Wyatt Vice Preside | OfficerTrustee | 4 | $0 |
Barbara Browning Trustee | Trustee | 2 | $0 |
Steven Damron Trustee | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $69,926 |
| Related organizations | $0 |
| Government grants | $70,995 |
| All other contributions, gifts, grants, and similar amounts not included above | $453,801 |
| Noncash contributions included in lines 1a–1f | $62,847 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $594,722 |
| Total Program Service Revenue | $62,743 |
| Investment income | $53,910 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $146,213 |
| Net Income from Fundraising Events | -$3,909 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $387 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $885,668 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $1,500 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $159,126 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $12,614 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $9,914 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $107,980 |
| Advertising and promotion | $15,344 |
| Office expenses | $16,779 |
| Information technology | $6,632 |
| Royalties | $0 |
| Occupancy | $9,000 |
| Travel | $27,285 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $2,488 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,284 |
| Insurance | $1,752 |
| All other expenses | $66,798 |
| Total functional expenses | $661,522 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $151,548 |
| Savings and temporary cash investments | $36,996 |
| Pledges and grants receivable | $46,602 |
| Accounts receivable, net | $4,097 |
| 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 | $0 |
| Net Land, buildings, and equipment | $15,061 |
| Investments—publicly traded securities | $1,920,686 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,174,990 |
| Accounts payable and accrued expenses | $8,672 |
| 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 | $0 |
| Other liabilities | $0 |
| Total liabilities | $8,672 |
| Net assets without donor restrictions | $0 |
| 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 | $2,166,318 |
| Total liabilities and net assets/fund balances | $2,174,990 |
Grants Recieved
Over the last fiscal year, we have identified 13 grants that Moab Music Festival Inc has recieved totaling $142,842.
| Awarding Organization | Amount |
|---|---|
Rutter Foundation Inc San Francisco, CA PURPOSE: GENERAL SUPPORT | $50,000 |
Val A Browning Charitable Foundation Reno, NV PURPOSE: GENERAL OPERATING SUPPORT | $30,000 |
Sj And Jessie E Quinney Foundation Salt Lake City, UT PURPOSE: GENERAL FINANCIAL SUPPORT | $22,000 |
Janet Q Lawson Foundation Salt Lake City, UT PURPOSE: GENERAL FINANCIAL SUPPORT | $10,000 |
Network For Good Inc Washington, DC PURPOSE: UNRESTRICTED | $7,842 |
Springcreek Foundation Berkeley, CA PURPOSE: GENERAL SUPPORT | $5,000 |
Endowment Analysis
| Beg. Balance | $1,408,038 |
| Earnings | $487,938 |
| Admin Expense | $510 |
| Net Contributions | $102,487 |
| Other Expense | $77,267 |
| Ending Balance | $1,920,686 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Jazz At Aspen-Snowmass Aspen, CO | $5,325,438 | $11,239,996 |
Grand Teton Music Festival Inc Jackson, WY | $21,966,338 | $8,778,128 |
Colorado Music Festival Boulder, CO | $2,219,616 | $3,012,496 |
Amp The Cause Denver, CO | $134,793 | $2,222,228 |
Strings Music Festival Steamboat Springs, CO | $9,630,765 | $2,301,723 |
Swallow Hill Music Association Denver, CO | $6,215,784 | $6,402,960 |
Youth On Record Denver, CO | $1,879,684 | $1,486,408 |
Parlando Incorporated Boulder, CO | $1,273,068 | $2,033,961 |
Santa Fe Concert Association Santa Fe, NM | $379,174 | $1,132,324 |
The Vail Jazz Foundation Inc Vail, CO | $1,001,642 | $1,276,123 |
Suzuki Association Of The Americas Boulder, CO | $1,674,140 | $882,329 |
Foundation Music School Inc Fort Collins, CO | $326,525 | $861,230 |