Carmel Bach Festival Inc
- Assets
- $818.0k
- Revenue
- $2.9m
- Investments
- $0.0
- Employees
- 150
- Location
- Carmel, CA
- Founding
- 04/1961
- Data as of
- 12/2023
- EIN
- 94-1434628
Organization Overview
Carmel Bach Festival Inc is located in Carmel, CA. The organization was established in 1961. 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 12/2023, Carmel Bach Festival Inc employed 150 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Carmel Bach 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 12/2023, Carmel Bach Festival Inc generated $2.9m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 4.6% each year. All expenses for the organization totaled $3.2m during the year ending 12/2023. While expenses have increased by 3.4% per year over the past 9 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF THE CARMEL BACH FESTIVAL IS TO CELEBRATE THE WORKS, INSPIRATION AND ONGOING INFLUENCE OF JOHANN SEBASTIAN BACH WORLDWIDE BY IMMERSING AUDIENCES IN A FESTIVAL EXPERIENCE INTEGRATING MUSIC, EDUCATION AND IDEAS.
Describe the Organization's Program Activity:
THE CARMEL BACH FESTIVAL CELEBRATES THE WORKS, INSPIRATION AND ONGOING INFLUENCE OF JOHANN SEBASTIAN BACH WORLDWIDE BY IMMERSING AUDIENCES IN A FESTIVAL EXPERIENCE INTEGRATING MUSIC, EDUCATION AND IDEAS.THE CARMEL BACH FESTIVAL IS RECOGNIZED AS A WORLD CLASS FESTIVAL OF MUSIC AND IDEAS INSPIRED BY THE HISTORICAL AND ONGOING INFLUENCE OF JOHANN SEBASTIAN BACH. TRANSCENDING THE TRADITIONAL BOUNDARIES OF PERFORMANCE AND PRESENTATION, THE CARMEL BACH FESTIVAL PROVIDES FRESH CONTEXTS OF RELEVANCE THAT ENABLE LISTENERS TO EXPERIENCE BEAUTY AND WONDER, SPARKING THE IMAGINATION, STIMULATING CONVERSATION, AND ENRICHING LIVES IN UNPREDICTABLE WAYS.
THE FESTIVALS PROGRAMMING IS SHAPED WITHIN A MULTI-DISCIPLINARY FRAMEWORK THAT INTERSECTS ITS PRIMARY MUSICAL FOCUS WITH THE WORLDS OF SCIENCE, RELIGION, LITERATURE AND ART, AND WITH OTHER PERFORMANCE GENRES, CELEBRATING THE INHERENT OPPORTUNITIES TO EDUCATE, ENRICH, AND INSPIRE.THE CARMEL BACH FESTIVAL RE-CONNECTS WITH CARMELS ROOTS AS A HOTBED OF SOCIAL CULTURE AND A WORLD FAMOUS ART COLONY THAT WAS HOST TO WRITERS, POETS, ARTISTS, AND MUSICIANS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Steve Friedlander Exec Director | Officer | 40 | $152,432 |
Jill Firestone Controller | Officer | 30 | $74,222 |
Cyril Yansouni President | OfficerTrustee | 2 | $0 |
Sandie Borthwick 1st Vice Pres. | OfficerTrustee | 2 | $0 |
Cristofer Cabanillas 2nd Vice Pres. | OfficerTrustee | 2 | $0 |
Leslie Mulford Secretary | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $166,632 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,005,036 |
| Noncash contributions included in lines 1a–1f | $33,216 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,171,668 |
| Total Program Service Revenue | $603,015 |
| Investment income | -$91 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $92,379 |
| Net Income from Gaming Activities | $14,116 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,881,087 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $226,655 |
| Compensation of current officers, directors, key employees. | $67,996 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,393,524 |
| Pension plan accruals and contributions | $12,580 |
| Other employee benefits | $107,144 |
| Payroll taxes | $117,812 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $5,250 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $50,507 |
| Advertising and promotion | $240,955 |
| Office expenses | $13,752 |
| Information technology | $46,926 |
| Royalties | $0 |
| Occupancy | $37,401 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $2,972 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $10,109 |
| Insurance | $35,970 |
| All other expenses | $33,854 |
| Total functional expenses | $3,222,181 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $210,693 |
| Savings and temporary cash investments | $109,894 |
| Pledges and grants receivable | $124,011 |
| Accounts receivable, net | $408 |
| 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 | $89,571 |
| Net Land, buildings, and equipment | $20,582 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $262,803 |
| Total assets | $817,962 |
| Accounts payable and accrued expenses | $10,508 |
| Grants payable | $0 |
| Deferred revenue | $7,584 |
| 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 | $173,950 |
| Total liabilities | $192,042 |
| Net assets without donor restrictions | $564,170 |
| Net assets with donor restrictions | $61,750 |
| 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 | $817,962 |