Portuguese Band Of San Jose
- Assets
- $1.1m
- Revenue
- $172.6k
- Investments
- $0.0
- Employees
- 0
- Location
- San Jose, CA
- Founding
- 01/1981
- Data as of
- 09/2021
- EIN
- 94-2572649
Organization Overview
Portuguese Band Of San Jose is located in San Jose, CA. The organization was established in 1981. According to its NTEE Classification (A6C) the organization is classified as: Bands & Ensembles, 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. Portuguese Band Of San Jose 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, Portuguese Band Of San Jose generated $172.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (14.5%) each year. All expenses for the organization totaled $231.2k during the year ending 09/2021. As we would expect to see with falling revenues, expenses have declined by (11.1%) per year over the past 6 years. 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
PERFORM MUSIC-CHURCH FUNCTIONS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION PLAYS MUSIC AT CHURCH DANCES & PROCESSIONS, COMMUNITY FUNCTIONS, PARADES & CULTURAL EXCHANGES. AUDIENCE SIZE 500 TO THOUNSANDS; 70 BANDMEMBERS; 6 OUTSIDE DIRECTORS; 30 PERFORMANCES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Steven Lourenco President | Officer | 4 | $0 |
Beverly Nunes Sequeira 1st Secretary | Officer | 4 | $0 |
Karlyne Amara Treasurer | Officer | 4 | $0 |
Mark Neves Vice President | Officer | 4 | $0 |
Sandra Gaspar 2nd Secretary | Trustee | 4 | $0 |
Michael Salazares Bar Director | Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $15,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $194,489 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $209,489 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | -$36,854 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $172,635 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $568 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $66,013 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $44,194 |
| Insurance | $0 |
| All other expenses | $6,848 |
| Total functional expenses | $231,182 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $10,177 |
| Savings and temporary cash investments | $33,002 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $5,413 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $1,085,368 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,133,960 |
| Accounts payable and accrued expenses | $0 |
| 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 | $11,340 |
| Secured mortgages and notes payable | $912,818 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $924,158 |
| 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 | $209,802 |
| Total liabilities and net assets/fund balances | $1,133,960 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Portuguese Band Of San Jose has recieved totaling $5,824.
| Awarding Organization | Amount |
|---|---|
Network For Good Inc Washington, DC PURPOSE: UNRESTRICTED | $5,698 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $126 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
La Jolla Music Society La Jolla, CA | $84,407,602 | $5,224,613 |
San Jose Jazz San Jose, CA | $2,593,807 | $3,379,944 |
Jazzbird Foundation Carefree, AZ | $371,107 | $1,611,890 |
Chamber Music Northwest Portland, OR | $8,037,265 | $1,659,889 |
Western International Band Clinic Springfield, OR | $7,625,863 | $1,846,381 |
Kuumbwa Jazz Society Santa Cruz, CA | $2,565,296 | $1,676,350 |
Trione Family Foundation Santa Rosa, CA | $6,746 | $1,100,846 |
Southern California School Band And Orchestra Association Vista, CA | $425,330 | $770,699 |
Arizona Friends Of Chamber Music Tucson, AZ | $1,259,691 | $434,592 |
Imago The Theatre Mask Ensemble Portland, OR | $818,955 | $560,947 |
Pacific Resident Theatre Ensemble Venice, CA | $434,690 | $650,253 |
Note-Able Music Therapy Services Reno, NV | $540,745 | $726,039 |