Civic Intelligence

Bugle Boy Foundation

990 • Fiscal year 2015 • EIN 26-3559311

Jan 01, 2015 to Dec 31, 2015 • Filed on Jul 29, 2016

1051 N Jefferson StLA Grange, TX 78945-1209

(979) 966-2937

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

87th percentile

0.65x

Higher debt load relative to assets than 87% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Liabilities / Revenue

92nd percentile

1.50x

Higher debt load relative to revenue than 92% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Net Margin

71st percentile

13%

Higher net margin than 71% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Top Officer Pay

67th percentile

$51,262

Higher top officer pay than 67% of similar nonprofits.

Top officer pay equals 20.1% of source-year revenue.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Asset Growth

94th percentile

98%

Faster asset growth than 94% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2014 to 2015

Revenue Growth

23rd percentile

-11%

Faster revenue growth than 23% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2014 to 2015

Assets

Up

$587,764

Up $290,849 (+98%) from 2014

Net Assets

Up

$206,146

Up $33,991 (+20%) from 2014

Liabilities

Up

$381,618

Up $256,858 (+206%) from 2014

Revenue

Down

$255,148

Down $32,718 (-11%) from 2014

Expenses

Up

$221,157

Up $8,315 (+3.9%) from 2014

Net Income

Down

$33,991

Down $41,033 (-55%) from 2014

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$600K$400K$200K$0Assets 2010: $40,646Net Assets 2010: $40,6462010Assets 2011: $50,258Net Assets 2011: $50,2582011Assets 2012: $67,088Net Assets 2012: $67,0882012Assets 2013: $228,427Liabilities 2013: $131,296Net Assets 2013: $97,1312013Assets 2014: $296,915Liabilities 2014: $124,760Net Assets 2014: $172,1552014Assets 2015: $587,764Liabilities 2015: $381,618Net Assets 2015: $206,1462015Assets 2016: $570,045Liabilities 2016: $361,734Net Assets 2016: $208,3112016Assets 2017: $463,838Liabilities 2017: $195,190Net Assets 2017: $268,6482017Assets 2018: $458,814Liabilities 2018: $131,438Net Assets 2018: $327,3762018Assets 2019: $475,084Liabilities 2019: $100,871Net Assets 2019: $374,2132019Assets 2020: $455,989Liabilities 2020: $72,866Net Assets 2020: $383,1232020Assets 2021: $531,285Liabilities 2021: $65,229Net Assets 2021: $466,0562021Assets 2022: $523,313Liabilities 2022: $28,262Net Assets 2022: $495,0512022Assets 2023: $535,830Liabilities 2023: $19,730Net Assets 2023: $516,1002023Assets 2024: $574,860Liabilities 2024: $1,596Net Assets 2024: $573,2642024

Highlighted filing

2015

Assets$587,764
Liabilities$381,618
Net Assets$206,146

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$600K$400K$200K$0Revenue 2010: $98,714Expenses 2010: $88,949Net Income 2010: $9,7652010Revenue 2011: $137,357Expenses 2011: $127,745Net Income 2011: $9,6122011Revenue 2012: $171,183Expenses 2012: $154,353Net Income 2012: $16,8302012Revenue 2013: $219,802Expenses 2013: $189,759Net Income 2013: $30,0432013Revenue 2014: $287,866Expenses 2014: $212,842Net Income 2014: $75,0242014Revenue 2015: $255,148Expenses 2015: $221,157Net Income 2015: $33,9912015Revenue 2016: $277,323Expenses 2016: $275,157Net Income 2016: $2,1662016Revenue 2017: $310,491Expenses 2017: $250,154Net Income 2017: $60,3372017Revenue 2018: $314,422Expenses 2018: $255,694Net Income 2018: $58,7282018Revenue 2019: $317,209Expenses 2019: $270,372Net Income 2019: $46,8372019Revenue 2020: $262,985Expenses 2020: $254,075Net Income 2020: $8,9102020Revenue 2021: $319,817Expenses 2021: $236,884Net Income 2021: $82,9332021Revenue 2022: $338,211Expenses 2022: $306,636Net Income 2022: $31,5752022Revenue 2023: $362,692Expenses 2023: $341,643Net Income 2023: $21,0492023Revenue 2024: $434,236Expenses 2024: $377,072Net Income 2024: $57,1642024

Highlighted filing

2015

Revenue$255,148
Expenses$221,157
Net Income$33,991
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Jul 29, 2016
Return Version
2015v2.1
Gross Receipts
$269,467
Mission and Program Overview

Mission

The mission of the bugle boy foundation is to provide a premier listening room venue for affordable public performances by professional musicians of original works of diverse genres, for the enrichment of fayette county, texas residents and visitors. The foundation supports music education by sponsoring artist-led creative arts programs for the benefit of area residents.

The mission of the bugle boy foundation is to provide a premier listening room venue for affordable public performances by professional musicians of original works of diverse genres, for the enrichment of fayette county, texas residents and visitors. The foundation supports music education by sponsoring artist-led creative arts programs for the benefit of area students.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$141,444$287,178▲ $145,734
Rtn Earn Endowment Incm Other Fnds$172,155$206,146▲ $33,991
Intangible Assets-$165,278-
Cash and Non-Interest-Bearing Accounts$132,963$111,527▼ $21,436
Savings and Temporary Cash Investments$20,053$22,275▲ $2,222
Accounts Receivable$2,455$1,506▼ $949
Total Assets$296,915$587,764▲ $290,849
Liabilities
Mortgage Notes Payable Secured by Investment Property$124,760$381,874▲ $257,114
Other Liabilities-$-256-
Total Liabilities$124,760$381,618▲ $256,858
Net Assets / Fund Balance
Total Net Assets Fund Balance$172,155$206,146▲ $33,991
Total Liabilities and Net Assets / Fund Balance$296,915$587,764▲ $290,849

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$103,174$8,211$111,385
Buildings$98,590$2,043$100,633
Land$85,414-$85,414
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Lane Gosnay Bugle Boy LLCExecutive DiFT$51,262$51,262

Board Members and Trustees

NameTitle
Margo JohnsonPresident
Korin BurnettDirector
Diane HensonSecretary
Chuck MazacTreasurer
Dianne DonovanVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$163,210
Program Service Revenue
$88,978
Investment Income
$52
Other Revenue
$2,908
All Other Contributions
$140,960
Change in Net Assets
$33,991
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$133,978
Salaries, Compensation, and Employee Benefits$87,179
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$76,707--$76,707
Current Officers, Directors, Trustees, and Key Employees$51,262--$51,262
Other Salaries and Wages$32,513--$32,513
Occupancy$14,662$772-$15,434
Depreciation Depletion$9,722--$9,722
Fees for Services Accounting-$7,895-$7,895
Advertising$5,277--$5,277
Insurance$4,873$256-$5,129
Interest$3,868--$3,868
Payroll Taxes$3,404--$3,404
Office Expenses$1,275$1,142-$2,417
Information Technology$1,123--$1,123
Other Expenses$6,223$183-$183
Total Functional Expenses$210,909$10,248$0$221,157
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Lane GosnayContract MgmtManagement FeesNo$14,200
-Note PayableInterest ExpenseNo$3,868
Lane GosnayFacility LessorRentNo$3,000
Lane GosnayManagementManagement FeeNo$3,000
-Note PayableInterest ExpenseNo$2,210
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Unemployment Taxes Payable$272
Fica & Ficm Payable$-528
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Business relationship with family members
No
Business relationship with organization members
Yes
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Page 6, Part VI, Line 3

The foundation has contracted with bugle boy llc for the management of the foundation. Bugle boy llc is a single member llc, owned and operated by lane gosnay, executive director of the foundation, and member of the board. This contract was cancelled by mutual consent of both the foundation and ms gosnay on or about april 1, 2015.

Form 990, Page 6, Part VI, Line 11B

The board president, treasurer and executive director will meet with the accountant to review the tax return. Once this review is completed, they will forward the tax return to all board members for their review.

Form 990, Page 6, Part VI, Line 12C

No enforcement actions necessary prior to 12/31/2015.

Form 990, Page 6, Part VI, Line 15A

Executive committee reviewed comparable business operation compensation rates and other comparable data to determine contract amount to be paid to manage the total operation. When the management contract was cancelled or or about april 1, 2015, the executive committee reviewed comparable compensation for its executive director, lane gosnay.

Form 990, Page 6, Part VI, Line 19

Governing documents, form 990 & form 990-t are made available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Bugle Boy Foundation
EIN
26-3559311
Phone
9799662937
Address
1051 N JEFFERSON ST, LA GRANGE, TX 78945-1209

Signing Officer

Name
Margo Johnson
Title
President
Phone
9799662937
Signed
2016-07-29
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Margo Johnson
Formed
2008
Legal Domicile
TX
Voting Board Members
7
Independent Board Members
7
Employees
4
Volunteers
20

Preparer

Firm
Don F Jones Pc
Address
505 N JEFFERSON ST, LA GRANGE, TX 78945-1931
Preparer
Don F Jones CPA
Phone
9797738130
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

The mission of the bugle boy foundation is to provide a premier listening room venue for affordable public performances by professional musicians of original works of diverse genres, for the enrichment of fayette county, texas residents and visitors. The foundation supports music education by sponsoring artist-led creative arts programs for the benefit of area students.

Form 990, Page 1, Part I, Line 6

Offsite, volunteer duties include sound engineering work, media relations, volunteer coordinating, preparation of press releases, fund raising, facility maintenance, nursing home outreach, swan songs coordination and board membership and program oversight. Onsite, volunteer duties include customer service, box office assistance, live streaming moderation & maintenance, media relations & maintenance.

Form 990, Page 2, Part III, Line 4D

Other program services provided include the swan song program (fulfilling end of life musical wishes), music & memory program (providing individualized ipods to nursing home residents), and the organization tribute show.

Form 990, Part IX, Line 11G

Anniversary shows 1,141 0 0 artist & performers 33,092 0 0 booking agent expense 2,925 0 0 business travel 403 0 0 contract services 240 0 0 contract services 800 0 0 education program expense 3,420 0 0 female artists & performers 23,028 0 0 license fees 1,166 0 0 license fees, ascap 1,886 0 0 lodging & food - artist 323 0 0 music & memory expense 1,472 0 0 performance archiving expense 2,100 0 0 silent & live auction expense 550 0 0 soldier's songs expense 2,100 0 0 supplies expense 60 0 0 swan songs expense 2,000 0 0 rounding 1 0 0

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IRS990/ProgramServiceRevenueGrp/Desc1CONCERT STREAMING REVENUE
IRS990/ProgramServiceRevenueGrp/Desc2SOLDIER SONGS & VOICES
IRS990/ProgramServiceRevenueGrp/Desc3CONTRIBUTIONS - CONCERTS
IRS990/ProgramServiceRevenueGrp/Desc4PERFORMANCE ARCHIVING
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IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt18154
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt26430
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt33303
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IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt26430
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt33303
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt42500
IRS990/ProgSrvcAccomActy2Grp/Desc0SOLDIER SONGS & VOICES WORKSHOPS FOR VETERANS: ORGANIZATION SPONSORS ARTIST-TAUGHT/ARTIST MENTORING FOR VETERANS TO LEARN MUSIC AND INSTRUMENT SKILLS. IN 2015, THERE WERE 21 WORKSHOPS TOTALING 63 HOURS WITH 120 VETERAN ATTENDANCE INSTANCES.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt02100
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt06430
IRS990/ProgSrvcAccomActy3Grp/Desc0IN-SCHOOL PROGRAMS: ORGANIZATION SPONSORS PROFESSIONAL ARTIST-LED CREATIVE ARTS PROGRAM FOR AREA PUBLIC SCHOOLS. IN 2015, THE ORGANIZATION SPONSORED 5 EVENTS SERVING 509 STUDENTS.
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IRS990/ProgSrvcAccomActy3Grp/RevenueAmt01750
IRS990/ProgSrvcAccomActyOtherGrp/Desc0OTHER PROGRAM SERVICES PROVIDED INCLUDE THE SWAN SONG PROGRAM (FULFILLING END OF LIFE MUSICAL WISHES), MUSIC & MEMORY PROGRAM (PROVIDING INDIVIDUALIZED IPODS TO NURSING HOME RESIDENTS), AND THE ORGANIZATION TRIBUTE SHOW.
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt07263
IRS990/ProgSrvcAccomActyOtherGrp/RevenueAmt05268
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0178886
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IRS990/RelatedEntityInd0false
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IRS990/RentalIncomeOrLossGrp/RealAmt0-4649
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IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
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IRS990/RoyaltiesRevenueGrp/ExclusionAmt0111
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IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0172155
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0206146
IRS990/SavingsAndTempCashInvstGrp/BOYAmt020053
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IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0163210
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IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0146808
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt085597
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt087972
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0662473
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt0163
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0178
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0341
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt088978
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0112612
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt089671
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt076474
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt050030
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0417765
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearAmt07446
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt07446
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0163
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0178
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IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0259634
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0291498
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0236479
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0162071
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0138002
IRS990ScheduleA/Total509Grp/TotalAmt01087684
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0259797
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0291676
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0236479
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0162071
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0138002
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01088025
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/BuildingsGrp/BookValueAmt098590
IRS990ScheduleD/BuildingsGrp/DepreciationAmt02043
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0100633
IRS990ScheduleD/LandGrp/BookValueAmt085414
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt085414
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0103174
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt08211
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0111385
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0272
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1-528
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0UNEMPLOYMENT TAXES PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1FICA & FICM PAYABLE
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0287178
IRS990ScheduleD/TotalLiabilityAmt0-256
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/BusinessName/BusinessNameLine1Txt0BUGLE BOY LLC
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/BusinessName/BusinessNameLine1Txt1BUGLE BOY LLC
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm0LANE GOSNAY
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm1LANE GOSNAY
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm2LANE GOSNAY
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0FACILITY LESSOR
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt1CONTRACT MGMT
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt2MANAGEMENT
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt3NOTE PAYABLE
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt4NOTE PAYABLE
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd1false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd2false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd3false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd4false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt03000
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt114200
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt23000
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt32210
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt43868
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0RENT
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc1MANAGEMENT FEES
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc2MANAGEMENT FEE
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc3INTEREST EXPENSE
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc4INTEREST EXPENSE
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE MISSION OF THE BUGLE BOY FOUNDATION IS TO PROVIDE A PREMIER LISTENING ROOM VENUE FOR AFFORDABLE PUBLIC PERFORMANCES BY PROFESSIONAL MUSICIANS OF ORIGINAL WORKS OF DIVERSE GENRES, FOR THE ENRICHMENT OF FAYETTE COUNTY, TEXAS RESIDENTS AND VISITORS. THE FOUNDATION SUPPORTS MUSIC EDUCATION BY SPONSORING ARTIST-LED CREATIVE ARTS PROGRAMS FOR THE BENEFIT OF AREA STUDENTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1OFFSITE, VOLUNTEER DUTIES INCLUDE SOUND ENGINEERING WORK, MEDIA RELATIONS, VOLUNTEER COORDINATING, PREPARATION OF PRESS RELEASES, FUND RAISING, FACILITY MAINTENANCE, NURSING HOME OUTREACH, SWAN SONGS COORDINATION AND BOARD MEMBERSHIP AND PROGRAM OVERSIGHT. ONSITE, VOLUNTEER DUTIES INCLUDE CUSTOMER SERVICE, BOX OFFICE ASSISTANCE, LIVE STREAMING MODERATION & MAINTENANCE, MEDIA RELATIONS & MAINTENANCE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2OTHER PROGRAM SERVICES PROVIDED INCLUDE THE SWAN SONG PROGRAM (FULFILLING END OF LIFE MUSICAL WISHES), MUSIC & MEMORY PROGRAM (PROVIDING INDIVIDUALIZED IPODS TO NURSING HOME RESIDENTS), AND THE ORGANIZATION TRIBUTE SHOW.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE FOUNDATION HAS CONTRACTED WITH BUGLE BOY LLC FOR THE MANAGEMENT OF THE FOUNDATION. BUGLE BOY LLC IS A SINGLE MEMBER LLC, OWNED AND OPERATED BY LANE GOSNAY, EXECUTIVE DIRECTOR OF THE FOUNDATION, AND MEMBER OF THE BOARD. THIS CONTRACT WAS CANCELLED BY MUTUAL CONSENT OF BOTH THE FOUNDATION AND MS GOSNAY ON OR ABOUT APRIL 1, 2015.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE BOARD PRESIDENT, TREASURER AND EXECUTIVE DIRECTOR WILL MEET WITH THE ACCOUNTANT TO REVIEW THE TAX RETURN. ONCE THIS REVIEW IS COMPLETED, THEY WILL FORWARD THE TAX RETURN TO ALL BOARD MEMBERS FOR THEIR REVIEW.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5NO ENFORCEMENT ACTIONS NECESSARY PRIOR TO 12/31/2015.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6EXECUTIVE COMMITTEE REVIEWED COMPARABLE BUSINESS OPERATION COMPENSATION RATES AND OTHER COMPARABLE DATA TO DETERMINE CONTRACT AMOUNT TO BE PAID TO MANAGE THE TOTAL OPERATION. WHEN THE MANAGEMENT CONTRACT WAS CANCELLED OR OR ABOUT APRIL 1, 2015, THE EXECUTIVE COMMITTEE REVIEWED COMPARABLE COMPENSATION FOR ITS EXECUTIVE DIRECTOR, LANE GOSNAY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7GOVERNING DOCUMENTS, FORM 990 & FORM 990-T ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8ANNIVERSARY SHOWS 1,141 0 0 ARTIST & PERFORMERS 33,092 0 0 BOOKING AGENT EXPENSE 2,925 0 0 BUSINESS TRAVEL 403 0 0 CONTRACT SERVICES 240 0 0 CONTRACT SERVICES 800 0 0 EDUCATION PROGRAM EXPENSE 3,420 0 0 FEMALE ARTISTS & PERFORMERS 23,028 0 0 LICENSE FEES 1,166 0 0 LICENSE FEES, ASCAP 1,886 0 0 LODGING & FOOD - ARTIST 323 0 0 MUSIC & MEMORY EXPENSE 1,472 0 0 PERFORMANCE ARCHIVING EXPENSE 2,100 0 0 SILENT & LIVE AUCTION EXPENSE 550 0 0 SOLDIER'S SONGS EXPENSE 2,100 0 0 SUPPLIES EXPENSE 60 0 0 SWAN SONGS EXPENSE 2,000 0 0 ROUNDING 1 0 0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 1, PART I, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 2, PART III, LINE 4D
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8FORM 990, PART IX, LINE 11G
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0296915
IRS990/TotalAssetsEOYAmt0587764
IRS990/TotalAssetsGrp/BOYAmt0296915
IRS990/TotalAssetsGrp/EOYAmt0587764
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IRS990/TotalContributionsAmt0163210
IRS990/TotalEmployeeCnt04
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt010248
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0210909
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IRS990/TotalGrossUBIAmt0-4649
IRS990/TotalLiabilitiesBOYAmt0124760
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IRS990/TotalLiabilitiesGrp/BOYAmt0124760
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IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0172155
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0206146

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$5.75$0.02$5.73$4.34$3.77$0.57
2023Detailed filing. Detailed filing data is available for this year.$5.36$0.20$5.16$3.63$3.42$0.21
2022Detailed filing. Detailed filing data is available for this year.$5.23$0.28$4.95$3.38$3.07$0.32
2021Detailed filing. Detailed filing data is available for this year.$5.31$0.65$4.66$3.20$2.37$0.83
2020Detailed filing. Detailed filing data is available for this year.$4.56$0.73$3.83$2.63$2.54$0.09
2019Detailed filing. Detailed filing data is available for this year.$4.75$1.01$3.74$3.17$2.70$0.47
2018Detailed filing. Detailed filing data is available for this year.$4.59$1.31$3.27$3.14$2.56$0.59
2017Detailed filing. Detailed filing data is available for this year.$4.64$1.95$2.69$3.10$2.50$0.60
2016Detailed filing. Detailed filing data is available for this year.$5.70$3.62$2.08$2.77$2.75$0.02
2015Detailed filing. Detailed filing data is available for this year.$5.88$3.82$2.06$2.55$2.21$0.34
2014Detailed filing. Detailed filing data is available for this year.$2.97$1.25$1.72$2.88$2.13$0.75
2013Detailed filing. Detailed filing data is available for this year.$2.28$1.31$0.97$2.20$1.90$0.30
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.67$0.67$1.71$1.54$0.17
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.50$0.50$1.37$1.28$0.10
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.41$0.41$0.99$0.89$0.10
Peer Organizations

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