San Francisco Conservatory Of Music Inc

Organization Overview

San Francisco Conservatory Of Music Inc is located in San Francisco, CA. The organization was established in 1935. According to its NTEE Classification (B43) the organization is classified as: Universities, under the broad grouping of Education and related organizations. As of 06/2021, San Francisco Conservatory Of Music Inc employed 686 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. San Francisco Conservatory Of Music 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 06/2021, San Francisco Conservatory Of Music Inc generated $47.9m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 9.8% each year. All expenses for the organization totaled $43.6m during the year ending 06/2021. While expenses have increased by 7.1% 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.

Mission & Program ActivityExcerpts From the 990T Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

THE CONSERVATORY OFFERS UNDERGRADUATE, GRADUATE AND POSTGRADUATE MUSICAL EDUCATION.

Describe the Organization's Program Activity:

COLLEGIATE INSTRUCTION - SFCM IS AN ACCREDITED COLLEGE GRANTING BACHELOR'S AND MASTER'S DEGREES IN MUSIC PERFORMANCE. EXPENSES INCLUDE SALARIES, SCHOLARSHIPS, RECRUITMENT, AND ACADEMIC SUPPORT (LIBRARY, STUDENT SERVICES, ETC.). 401 STUDENTS WERE ENROLLED. 422 STUDENTS RECEIVED SFCM SCHOLARSHIPS. 1 ARTIST CERTIFICATE, 33 BACHELORS, 4 POST GRADUATE DIPLOMAS, 78 MASTERS, AND 20 PROFESSIONAL STUDIES DIPLOMAS WERE AWARDED.


PRE-COLLEGIATE AND ADULT EXTENSION - MUSIC INSTRUCTION FOR 4-18 YEAR OLDS AND CONTINUING EDUCATION FOR ADULTS. INSTRUCTION INCLUDES EARLY CHILDHOOD MUSIC CLASSES, PRIVATE MUSIC INSTRUCTION, AND CLASSES. EXPENSES INCLUDE SALARIES, SCHOLARSHIPS, ADVERTISING, AND SUPPORT. 270 STUDENTS WERE ENROLLED AND 78 STUDENTS RECEIVED SCHOLARSHIPS.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Pankow
Construction Services
$68,819,991
Equity Community Builders
Project Management
$651,337
Mark Cavagnero Associates
Architectural Services
$1,116,725
Pc Professional Inc
Pc Maintenance Services
$236,676
Corporate Security Services
Security Services
$426,593
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$432,230
Related organizations$0
Government grants $3,250,738
All other contributions, gifts, grants, and similar amounts not included above$17,337,032
Noncash contributions included in lines 1a–1f $2,787,044
Total Revenue from Contributions, Gifts, Grants & Similar$21,020,000
Total Program Service Revenue$23,389,251
Investment income $1,892,445
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $789,771
Net Gain/Loss on Asset Sales $864,807
Net Income from Fundraising Events -$84,460
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $1,351
Miscellaneous Revenue$0
Total Revenue $47,873,165

Grants Recieved

Over the last fiscal year, we have identified 2 grants that San Francisco Conservatory Of Music Inc has recieved totaling $38,500.

Awarding OrganizationAmount
Charles A Becker Foundation

Buellton, CA

PURPOSE: GENERAL SUPPORT

$37,500
Nathan Tannenbaum Foundation Inc

West Palm Beach, FL

PURPOSE: CHARITABLE

$1,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$43,498,000
Earnings$11,757,000
Net Contributions$3,855,000
Other Expense$3,248,000
Ending Balance$55,862,000

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