Lake Tahoe Music Festival
- Assets
- $32.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Tahoe City, CA
- Founding
- 07/1986
- Data as of
- 12/2020
- EIN
- 94-2989407
Organization Overview
Lake Tahoe Music Festival is located in Tahoe City, CA. The organization was established in 1986. According to its NTEE Classification (A68) the organization is classified as: Music, 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. Lake Tahoe Music Festival 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 12/2020, Lake Tahoe Music Festival generated $2.6k 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 (43.8%) each year. All expenses for the organization totaled $9.4k during the year ending 12/2020. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2020
Describe the Organization's Program Activity:
Part 3
CREATE EDUCATIONAL AND PERFORMANCE OPPORTUNITIES FOR ASPIRING YOUNG MUSICIANS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Meredith Rosenberg Secretary | 1 | $0 | |
Kay Williams Director | 1 | $0 | |
Bonnie Dyer Treasurer | 1 | $0 | |
Hillary Humphreys President | 1 | $0 | |
David Nelson Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,440 |
| Total Program Service Revenue | $156 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $2,596 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $6,400 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $2,954 |
| Total expenses | $9,354 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $32,177 |
| Other assets | $0 |
| Total assets | $32,177 |
| Total liabilities | $22,239 |
| Net assets or fund balances | $9,938 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Lake Tahoe Music Festival has recieved totaling $180.
| Awarding Organization | Amount |
|---|---|
Ralph & Marsha Guggenheim Family Foundation San Francisco, CA PURPOSE: GENERAL SUPPORT | $180 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Music Concourse Community Partnership San Francisco, CA | $31,271,076 | $4,428,131 |
Berkeley Music Group Berkeley, CA | $6,181,022 | $4,579,247 |
Kronos Performing Arts Assn San Francisco, CA | $1,591,460 | $2,774,082 |
Monterey Jazz Festival Monterey, CA | $3,593,346 | $4,129,138 |
Mosier Community School Foundation Inc Mosier, OR | $3,936,713 | $2,235,279 |
Carmel Bach Festival Inc Carmel, CA | $1,675,160 | $2,099,477 |
Camerata Pacifica Santa Barbara, CA | $1,526,106 | $1,221,933 |
American Bach Soloists San Francisco, CA | $908,845 | $1,282,181 |
Music For Minors Inc San Carlos, CA | $710,130 | $1,519,051 |
New West Symphony Association Thousand Oaks, CA | $774,216 | $1,642,962 |
Hiphopforchange Inc Oakland, CA | $676,196 | $1,628,580 |
Young Musicians Foundation Los Angeles, CA | $1,322,376 | $1,133,587 |