San Francisco Guzheng Music Society is located in San Francisco, CA. The organization was established in 1994. 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. San Francisco Guzheng Music Society 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 Guzheng Music Society generated $12.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (6.1%) each year. All expenses for the organization totaled $10.5k during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (4.1%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
DUE TO COVID-19 PANDEMIC, THERE WAS NOT LIVE CONCERT OR PERFORMANCE DURING THE TAX YEAR.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Ying Chiu Secretary | 3 | $0 | |
Jingjing Sun Treasurer | 5 | $0 | |
Anna Wong Chairman | 5 | $0 | |
Betty Look Co-Chairman | 5 | $0 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $11,939 |
Interest on Savings | $0 |
Dividends & Interest | $0 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | $0 |
Capital Gain Net Income | $0 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $400 |
Total Revenue | $12,339 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $0 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $0 |
Interest | $0 |
Taxes | $0 |
Depreciation | $112 |
Occupancy | $0 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Other expenses | $7,337 |
Total operating and administrative expenses | $10,499 |
Contributions, gifts, grants paid | $0 |
Total expenses and disbursements | $10,499 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $8,797 |
Savings and temporary cash investments | $0 |
Net Accounts receivable | $0 |
Net Pledges Receivable | $0 |
Grants receivable | $0 |
Receivables from Officers, Directors, or Controlling Persons | $0 |
Net other notes and loans receivable | $0 |
Inventories for sale or use | $1,164 |
Prepaid expenses and deferred charges | $0 |
Net Investments - land, buildings, equipment | $0 |
Investments—mortgage loans | $0 |
Investments—other | $0 |
Net Land, buildings, and equipment | $168 |
Other assets | $0 |
Total assets | $10,129 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Mortgages and other notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $0 |
Over the last fiscal year, we have identified 2 grants that San Francisco Guzheng Music Society has recieved totaling $4,000.
Awarding Organization | Amount |
---|---|
Guang-Yu Chinese Culture & Art Center Inc San Ramon, CA PURPOSE: GENERAL PURPOSE | $2,000 |
Ying Foundation Whittier, CA PURPOSE: PUBLIC BENEFIT | $2,000 |
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 |