Berkeley Society For The Preservation Of Traditional Music
- Assets
- $18.2m
- Revenue
- $5.2m
- Investments
- $2.0m
- Employees
- 73
- Location
- Berkeley, CA
- Founding
- 01/1984
- Data as of
- 12/2022
- EIN
- 94-2887073
Organization Overview
Berkeley Society For The Preservation Of Traditional Music, operating under the name Freight And Salvage Coffeehouse, is located in Berkeley, CA. The organization was established in 1984. According to its NTEE Classification (A20) the organization is classified as: Arts & Culture, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2022, Freight And Salvage Coffeehouse employed 73 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Freight And Salvage Coffeehouse 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 12/2022, Freight And Salvage Coffeehouse generated $5.2m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 7.0% each year. All expenses for the organization totaled $4.6m during the year ending 12/2022. While expenses have increased by 6.3% per year over the past 8 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE FREIGHT AND SALVAGE PROMOTES PUBLIC AWARENESS AND UNDERSTANDING OF TRADITIONAL MUSIC.
Describe the Organization's Program Activity:
Part 3 - Line 4a
IN 2022, THE ORGANIZATION PRESENTED OVER 350 PERFORMANCES OF TRADITIONAL MUSIC FROM AROUND THE WORLD IN SUPPORT OF OUR MISSION. ANNUAL ATTENDANCE AT OUR EVENTS REACHED 68,000 AUDIENCE MEMBERS. WE ALSO LIVE-STREAMED 28 EVENTS WHICH EXPANDED OUR REACH BEYOND OUR VENUE WALLS. WE OFFER REDUCED PRICE/FREE ADMISSION TO THOSE WHO CANNOT AFFORD TO ATTEND OTHERWISE AND PRODUCED FREIGHTFEST, A DAY LONG FREE MUSIC CELEBRATION AS A GIFT TO OUR COMMUNITY. IN 2022 WE PRESENTED ARTISTS FROM CUBA, KOREA, IRELAND, SCOTLAND, HAITI, MALI, TIBET, IRAN, CANADA, COLOMBIA, MAURITANIA, SCOTLAND, ETHIOPIA, ZIMBABWE, AND INDIA.
OUR EDUCATION PROGRAMS CONTINUE TO THRIVE, WITH OVER 300 INSTRUMENT INSTRUCTION AND VOCAL CLASSES, TARGETED WORKSHOPS & WEEKLY JAMS IN BOTH IN-PERSON AND VIRTUAL FORMATS WITH ALMOST 2,000 PARTICIPANTS ANNUALLY. OUR INNOVATIVE HIP-HOP IS FOLK MUSIC SCHOOL PROGRAM, WHICH CONNECTS TRADITIONAL MUSIC TO POPULAR MUSIC, REACHED EVERY MIDDLE SCHOOL MUSIC STUDENT IN THE BERKELEY UNIFIED SCHOOL DISTRICT IN 2022. WE ALSO PILOTED OUR INNOVATIVE 4TH GRADE ARTS INTEGRATION PROGRAM GOLDEN STATE OF SONG IN 2022, WHICH AIMS TO ENHANCE AND ENRICH SOCIAL STUDIES CURRICULUM WITH MUSIC.
THE FREIGHT WELCOMES OUR DIVERSE BAY AREA COMMUNITY WITH AN INCLUSIVE, ACCESSIBLE GATHERING SPACE FOR PERFORMANCES, CULTURAL FESTIVALS, CONFERENCES, FUNDRAISERS, CEREMONIES, AND CELEBRATIONS. WE AIM TO CREATE ENDURING PARTNERSHIPS WITH LOCAL GROUPS SUCH AS YOUNG MUSICIANS CHORAL ORCHESTRA, NEW APOLLO YOUTH ORCHESTRA, DE ROMPE Y RAJA PERUVIAN CULTURAL ASSOCIATION, OAKLAND SCHOOL FOR THE ARTS, THE BERKELEY HIGH DRAMA DEPARTMENT, GOLDEN GATE BLUES SOCIETY, BERKELEY PUBLIC LIBRARY, UC BERKELEY MARIACHI CLUB, INTERFAITH MOVEMENT FOR HUMAN INTEGRITY, BAY AREA BOOK FESTIVAL, AND OSHER LIFELONG LEARNING INSTITUTE. OUR LOBBY GALLERY SPACE DISPLAYS WORKS FROM LOCAL VISUAL ARTISTS OF COLOR WITH A STRONG CONNECTION TO MUSIC.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Elizabeth Seja Min Co-Chair | OfficerTrustee | 1 | $0 |
Barbara Higbie Co-Chair | OfficerTrustee | 1 | $0 |
Sharon Washington Vice-Chair | OfficerTrustee | 1 | $0 |
Russell Pollock Secretary | OfficerTrustee | 1 | $0 |
William Haggerty Treasurer | OfficerTrustee | 1 | $0 |
Roberta Brooks Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,342,576 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,454,893 |
| Noncash contributions included in lines 1a–1f | $228 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,797,469 |
| Total Program Service Revenue | $2,243,856 |
| Investment income | $21,349 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| 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 | $102,121 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $5,176,422 |
| 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. | $264,961 |
| Compensation of current officers, directors, key employees. | $68,949 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,215,361 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $179,332 |
| Payroll taxes | $124,647 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $30,715 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $403,389 |
| Advertising and promotion | $253,206 |
| Office expenses | $273,262 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $137,121 |
| Travel | $225 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $11,285 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $41,286 |
| Insurance | $22,729 |
| All other expenses | $0 |
| Total functional expenses | $4,591,141 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,354,078 |
| Savings and temporary cash investments | $9,427 |
| Pledges and grants receivable | $171,552 |
| Accounts receivable, net | $8,113 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $15,617 |
| Prepaid expenses and deferred charges | $95,599 |
| Net Land, buildings, and equipment | $955,484 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $1,950,000 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $12,677,505 |
| Total assets | $18,237,375 |
| Accounts payable and accrued expenses | $263,968 |
| Grants payable | $0 |
| Deferred revenue | $296,052 |
| 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 | $560,020 |
| Net assets without donor restrictions | $17,677,355 |
| 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 | $18,237,375 |