Civic Intelligence

Black Fret Sonic Guild

990 • Fiscal year 2020 • EIN 46-0576111

Jan 01, 2020 to Dec 31, 2020 • Filed on Nov 15, 2021

Organization ProfileWWW.BLACKFRET.ORG
PO Box 29628Austin, TX 78755

(512) 656-9312

Siviq Scores

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

Liabilities / Assets

37th percentile

0.04x

Higher debt load relative to assets than 37% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Liabilities / Revenue

23rd percentile

0.01x

Higher debt load relative to revenue than 23% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Net Margin

41st percentile

1.4%

Higher net margin than 41% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2020

Asset Growth

56th percentile

8.3%

Faster asset growth than 56% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Revenue Growth

54th percentile

3.0%

Faster revenue growth than 54% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets37th percentile

Assets

Up

$429,461

Up $33,006 (+8.3%) from 2019

Net Assets

Up

$413,645

Up $17,190 (+4.3%) from 2019

Liabilities

Up

$15,816

Up $15,816 from 2019

Revenue And Expenses
Liabilities / Revenue23rd percentileNet Margin41st percentile

Revenue

Up

$1,215,649

Up $35,721 (+3.0%) from 2019

Expenses

Up

$1,198,460

Up $125,394 (+12%) from 2019

Net Income

Down

$17,189

Down $89,673 (-84%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth56th percentile

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

$800K$600K$400K$200K$0Assets 2014: $95,977Liabilities 2014: $1,5002014Assets 2015: $150,726Liabilities 2015: $0Net Assets 2015: $150,7262015Assets 2016: $247,571Liabilities 2016: $0Net Assets 2016: $247,5712016Assets 2017: $252,455Liabilities 2017: $0Net Assets 2017: $252,4552017Assets 2018: $291,957Liabilities 2018: $2,364Net Assets 2018: $289,5932018Assets 2019: $396,455Liabilities 2019: $0Net Assets 2019: $396,4552019Assets 2020: $429,461Liabilities 2020: $15,816Net Assets 2020: $413,6452020Assets 2021: $793,318Liabilities 2021: $31,068Net Assets 2021: $762,2502021Assets 2022: $650,764Liabilities 2022: $27,414Net Assets 2022: $623,3502022Assets 2023: $796,958Liabilities 2023: $39,142Net Assets 2023: $757,8162023Assets 2024: $553,119Liabilities 2024: $19,313Net Assets 2024: $533,8062024

Highlighted filing

2020

Assets$429,461
Liabilities$15,816
Net Assets$413,645
Open 2020 Filing

Operations Trend

Revenue Growth54th percentile

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

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2014: $155,059Expenses 2014: $60,582Net Income 2014: $94,4772014Revenue 2015: $417,796Expenses 2015: $361,547Net Income 2015: $56,2492015Revenue 2016: $632,003Expenses 2016: $535,158Net Income 2016: $96,8452016Revenue 2017: $731,341Expenses 2017: $726,457Net Income 2017: $4,8842017Revenue 2018: $1,003,790Expenses 2018: $966,652Net Income 2018: $37,1382018Revenue 2019: $1,179,928Expenses 2019: $1,073,066Net Income 2019: $106,8622019Revenue 2020: $1,215,649Expenses 2020: $1,198,460Net Income 2020: $17,1892020Revenue 2021: $1,735,350Expenses 2021: $1,386,745Net Income 2021: $348,6052021Revenue 2022: $1,993,547Expenses 2022: $2,032,447Net Income 2022: -$38,9002022Revenue 2023: $2,166,323Expenses 2023: $2,031,857Net Income 2023: $134,4662023Revenue 2024: $1,314,308Expenses 2024: $1,538,318Net Income 2024: -$224,0102024

Highlighted filing

2020

Revenue$1,215,649
Expenses$1,198,460
Net Income$17,189
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Nov 15, 2021
Return Version
2020v4.1
Gross Receipts
$1,215,649
Mission and Program Overview

Mission

Our mission is to support the creation and performance of music.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$396,455$429,461▲ $33,006
Total Assets$396,455$429,461▲ $33,006
Liabilities
Other Liabilities$0$15,816▲ $15,816
Total Liabilities$0$15,816▲ $15,816
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$396,455$413,645▲ $17,190
Total Net Assets Fund Balance$396,455$413,645▲ $17,190
Total Liabilities and Net Assets / Fund Balance$396,455$429,461▲ $33,006
Compensation and Service Providers
Top Officer PayScore unavailable

Employees

NameTitleFull / Part TimeBaseTotal
Colin KendrickBoard Chair & PresidentFT$48,000$48,000
Matthew OttBoard Vice-chair & Vice PrFT$48,000$48,000
Revenue and Support

Revenue Composition

Contributions and Grants
$808,999
Program Service Revenue
$406,650
Investment Income
$0
Other Revenue
$0
All Other Contributions
$368,931
Change in Net Assets
$17,189
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$558,121
Grants and Similar Amounts Paid$524,904
Salaries, Compensation, and Employee Benefits$115,435
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$524,904--$524,904
Current Officers, Directors, Trustees, and Key Employees-$96,000-$96,000
Fees for Services Management-$60,775-$60,775
Fees for Services Accounting$7,866$30,900-$38,766
All Other Expenses$13,021$21,299-$34,320
Fees for Services Other$4,798$22,265-$27,063
Other Expenses$11,250--$11,250
Other Salaries and Wages-$10,667-$10,667
Advertising$9,613--$9,613
Payroll Taxes-$8,768-$8,768
Insurance$4,792$425-$5,217
Travel-$3,053-$3,053
Total Functional Expenses$944,308$254,152$0$1,198,460
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Ppp Loan$11,200
Payroll Tax Payable$4,616
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

“Each officer is provided with a copy of the tax return to review before filing.”

Form 990, Part VI, Section B, Line 15B

“Black fret compensates its ceo, colin kendrick, and chief marketing officer, matt ott, for the ongoing daily management of the operations of the organization. These are operational roles and discrete in their nature from those of the board seats of chair and vice-chair filled by these individuals. Compensation was determined by (1) the independent persons of matt mcdonnell (treasurer) and dennis kubacak (cfo), (2) a review of comparability data as presented in guidestar's "2015 nonprofit compensation report, 15th edition", and (3) contemporaneous substantiation by black fret's submission of form w-2 for each compensated individual. Compensation is approved by the board of directors with the directors receiving compensation being excluded from the vote.”

Form 990, Part VI, Section C, Line 19

“AVAILABLE UPON REQUEST”

Filing and Contact Details

Filer

Filer Name
Black Fret
EIN
46-0576111
Phone
5126569312
Address
PO BOX 29628, AUSTIN, TX 78755

Signing Officer

Name
Colin Kendrick
Title
President
Phone
5126569312
Signed
2021-11-15

Organization Details

Principal Officer
Colin Kendrick
Formed
2012
Legal Domicile
TX
Voting Board Members
3
Independent Board Members
3
Employees
3
Volunteers
20

Preparer

Firm
Erickson Demel & Co Pllc
Address
7800 N MOPAC SUITE 105, AUSTIN, TX 78759
Preparer
Robin C Demel
Phone
5124828682
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

“ROUNDING 1.”

Raw XML Appendix366 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0OUR MISSION IS TO SUPPORT THE CREATION AND PERFORMANCE OF MUSIC.
IRS990/AdvertisingGrp/ProgramServicesAmt09613
IRS990/AdvertisingGrp/TotalAmt09613
IRS990/AllOtherContributionsAmt0368931
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt021299
IRS990/AllOtherExpensesGrp/ProgramServicesAmt013021
IRS990/AllOtherExpensesGrp/TotalAmt034320
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0THE ORGANIZATION
IRS990/BooksInCareOfDetail/PhoneNum05126569312
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0PO BOX 29628
IRS990/BooksInCareOfDetail/USAddress/CityNm0AUSTIN
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0TX
IRS990/BooksInCareOfDetail/USAddress/ZIPCd078755
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt0396455
IRS990/CashNonInterestBearingGrp/EOYAmt0429461
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt096000
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt096000
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd01
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0808999
IRS990/CYGrantsAndSimilarPaidAmt0524904
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt0558121
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt0406650
IRS990/CYRevenuesLessExpensesAmt017189
IRS990/CYSalariesCompEmpBnftPaidAmt0115435
IRS990/CYTotalExpensesAmt01198460
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt01215649
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/Desc0PERFORMANCES: BLACK FRET HOSTED 146 PERFORMANCES IN A VARIETY OF VENUES AND ONLINE LIVE STREAMS WHICH FEATURED 164 BANDS TOTALLING 328 MUSICIANS.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd00
IRS990/DonorAdvisedFundInd00
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt03
IRS990/EmploymentTaxReturnsFiledInd00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt0408154
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt030900
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt07866
IRS990/FeesForServicesAccountingGrp/TotalAmt038766
IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt060775
IRS990/FeesForServicesManagementGrp/TotalAmt060775
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt022265
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt04798
IRS990/FeesForServicesOtherGrp/TotalAmt027063
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form1098CFiledInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form8899Filedind00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt040.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt140.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/PersonNm0COLIN KENDRICK
IRS990/Form990PartVIISectionAGrp/PersonNm1MATTHEW OTT
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt048000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt148000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/TitleTxt0BOARD CHAIR & PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1BOARD VICE-CHAIR & VICE PR
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02012
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt03
IRS990/GovernmentGrantsAmt019387
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt0524904
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt0524904
IRS990/GrantsToIndividualsInd01
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt01215649
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt03
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt0425
IRS990/InsuranceGrp/ProgramServicesAmt04792
IRS990/InsuranceGrp/TotalAmt05217
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt0174
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0TX
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembershipDuesAmt0420681
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0OUR MISSION IS TO SUPPORT THE CREATION AND PERFORMANCE OF MUSIC.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0396455
IRS990/NetAssetsOrFundBalancesEOYAmt0413645
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0396455
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0413645
IRS990/NondeductibleContributionsInd00
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt01
IRS990/OtherExpensesGrp/Desc0ARTIST PERFORMANCES
IRS990/OtherExpensesGrp/Desc1EVENT EXPENSES
IRS990/OtherExpensesGrp/Desc2MERCHANT FEES
IRS990/OtherExpensesGrp/Desc3ADVISOR PROGRAM EXPENSE
IRS990/OtherExpensesGrp/ProgramServicesAmt0231881
IRS990/OtherExpensesGrp/ProgramServicesAmt1118541
IRS990/OtherExpensesGrp/ProgramServicesAmt217642
IRS990/OtherExpensesGrp/ProgramServicesAmt311250
IRS990/OtherExpensesGrp/TotalAmt0231881
IRS990/OtherExpensesGrp/TotalAmt1118541
IRS990/OtherExpensesGrp/TotalAmt217642
IRS990/OtherExpensesGrp/TotalAmt311250
IRS990/OtherLiabilitiesGrp/BOYAmt00
IRS990/OtherLiabilitiesGrp/EOYAmt015816
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt010667
IRS990/OtherSalariesAndWagesGrp/TotalAmt010667
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt08768
IRS990/PayrollTaxesGrp/TotalAmt08768
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0COLIN KENDRICK
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0711300
IRS990/ProgramServiceRevenueGrp/BusinessCd1711300
IRS990/ProgramServiceRevenueGrp/BusinessCd2711300
IRS990/ProgramServiceRevenueGrp/Desc0EVENT FEES
IRS990/ProgramServiceRevenueGrp/Desc1SPONSORSHIPS
IRS990/ProgramServiceRevenueGrp/Desc2NEW MEMBER FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0334100
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt159250
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt213300
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0334100
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt159250
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt213300
IRS990/ProgSrvcAccomActy2Grp/Desc0ARTIST GRANTS: IN 2020, BLACK FRET PAID OUT $524,904 IN GRANTS TO MUSICIANS.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0524904
IRS990/ProgSrvcAccomActy2Grp/GrantAmt0524904
IRS990/ProgSrvcAccomActy3Grp/Desc0ARTIST MENTOR PROGRAM: BLACK FRET'S ADVISORY BOARD OF 34 MUSIC INDUSTRY EXPERTS PROVIDED MENTORING TO OUR 95 MUSICIAN NOMINEES THROUGHOUT THE 2020 CALENDAR YEAR.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt011250
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0837343
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0298450
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt0716485
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt0342585
IRS990/PYRevenuesLessExpensesAmt0106862
IRS990/PYSalariesCompEmpBnftPaidAmt058131
IRS990/PYTotalExpensesAmt01073066
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01179928
IRS990/QuidProQuoContributionsInd01
IRS990/QuidProQuoContriDisclInd01
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt017189
IRS990/RegularMonitoringEnfrcInd00
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0406650
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearAmt011000
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus1YearAmt01500
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus2YearsAmt01500
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus3YearsAmt03550
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus4YearsAmt04500
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt022050
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt01215648
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt01179928
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt01003790
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0776045
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0632003
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt04807414
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99540
IRS990ScheduleA/PublicSupportPY509Pct00.99540
IRS990ScheduleA/PublicSupportTotal509Amt04785364
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearAmt011000
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus1YearAmt01500
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus2YearsAmt01500
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus3YearsAmt03550
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus4YearsAmt04500
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt022050
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt01215648
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt01179928
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt01003790
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0776045
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0632003
IRS990ScheduleA/Total509Grp/TotalAmt04807414
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt01215648
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt01179928
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt01003790
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0776045
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0632003
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt04807414
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt011200
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt14616
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0PPP LOAN
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1PAYROLL TAX PAYABLE
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalLiabilityAmt015816
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt0524904
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0FINANCIAL GRANT
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/ValuationMethodUsedDesc0CASH BASIS
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0BLACK FRET DISTRIBUTES GRANT DOLLARS UPON THE SUBMISSION OF EVIDENCE OF THE COMPLETION OF SPECIFIC DELIVERABLES SUPPORTING OUR CHARITABLE MISSION OF THE CREATION AND PERFORMANCE OF NEW MUSIC AND THE PROVISION OF COMMUNITY SERVICE. IN 2020, IN RESPONSE TO THE PANDEMIC RESULTING IN THE LOSS OF LIVE PERFORMANCE INCOME TO MUSICIANS, BLACK FRET ADDED AN "EMERGENCY RESPONSE" CATEGORY TO THE UNLOCKING METHODS.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EACH OFFICER IS PROVIDED WITH A COPY OF THE TAX RETURN TO REVIEW BEFORE FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1BLACK FRET COMPENSATES ITS CEO, COLIN KENDRICK, AND CHIEF MARKETING OFFICER, MATT OTT, FOR THE ONGOING DAILY MANAGEMENT OF THE OPERATIONS OF THE ORGANIZATION. THESE ARE OPERATIONAL ROLES AND DISCRETE IN THEIR NATURE FROM THOSE OF THE BOARD SEATS OF CHAIR AND VICE-CHAIR FILLED BY THESE INDIVIDUALS. COMPENSATION WAS DETERMINED BY (1) THE INDEPENDENT PERSONS OF MATT MCDONNELL (TREASURER) AND DENNIS KUBACAK (CFO), (2) A REVIEW OF COMPARABILITY DATA AS PRESENTED IN GUIDESTAR'S "2015 NONPROFIT COMPENSATION REPORT, 15TH EDITION", AND (3) CONTEMPORANEOUS SUBSTANTIATION BY BLACK FRET'S SUBMISSION OF FORM W-2 FOR EACH COMPENSATED INDIVIDUAL. COMPENSATION IS APPROVED BY THE BOARD OF DIRECTORS WITH THE DIRECTORS RECEIVING COMPENSATION BEING EXCLUDED FROM THE VOTE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2AVAILABLE UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ROUNDING 1.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART XI, LINE 9:
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0396455
IRS990/TotalAssetsEOYAmt0429461
IRS990/TotalAssetsGrp/BOYAmt0396455
IRS990/TotalAssetsGrp/EOYAmt0429461
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0808999
IRS990/TotalEmployeeCnt03
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0254152
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0944308
IRS990/TotalFunctionalExpensesGrp/TotalAmt01198460
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt00
IRS990/TotalLiabilitiesEOYAmt015816
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt015816
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0396455
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0413645
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0944308
IRS990/TotalProgramServiceRevenueAmt0406650
IRS990/TotalReportableCompFromOrgAmt096000
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0406650
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01215649
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt020
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0396455
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0429461
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ManagementAndGeneralAmt03053
IRS990/TravelGrp/TotalAmt03053
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO BOX 29628
IRS990/USAddress/CityNm0AUSTIN
IRS990/USAddress/StateAbbreviationCd0TX
IRS990/USAddress/ZIPCd078755
IRS990/VotingMembersGoverningBodyCnt03
IRS990/VotingMembersIndependentCnt03
IRS990/WebsiteAddressTxt0WWW.BLACKFRET.ORG
IRS990/WhistleblowerPolicyInd00
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/PersonNm0COLIN KENDRICK
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum05126569312
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-11-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0BLACK FRET
ReturnHeader/Filer/BusinessNameControlTxt0BLAC
ReturnHeader/Filer/EIN0460576111
ReturnHeader/Filer/PhoneNum05126569312
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 29628
ReturnHeader/Filer/USAddress/CityNm0AUSTIN
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TX
ReturnHeader/Filer/USAddress/ZIPCd078755
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0464064364
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0ERICKSON DEMEL & CO PLLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt07800 N MOPAC SUITE 105
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0AUSTIN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TX
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd078759
ReturnHeader/PreparerPersonGrp/PhoneNum05124828682
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ROBIN C DEMEL
ReturnHeader/ReturnTs02021-11-15T13:58:10-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0COLIN
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0KENDRICK
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2020 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$429,461
Liabilities
$15,816
Net assets
$413,645
Revenue
$1,215,649
Expenses
$1,198,460
Net income
$17,189
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.55$0.02$0.53$1.31$1.54$0.22
2023Detailed filing. Detailed filing data is available for this year.$0.80$0.04$0.76$2.17$2.03$0.13
2022Detailed filing. Detailed filing data is available for this year.$0.65$0.03$0.62$1.99$2.03$0.04
2021Detailed filing. Detailed filing data is available for this year.$0.79$0.03$0.76$1.74$1.39$0.35
2020Detailed filing. Detailed filing data is available for this year.$0.43$0.02$0.41$1.22$1.20$0.02
2019Detailed filing. Detailed filing data is available for this year.$0.40$0.00$0.40$1.18$1.07$0.11
2018Detailed filing. Detailed filing data is available for this year.$0.29$0.00$0.29$1.00$0.97$0.04
2017Detailed filing. Detailed filing data is available for this year.$0.25$0.00$0.25$0.73$0.73$0.00
2016Detailed filing. Detailed filing data is available for this year.$0.25$0.00$0.25$0.63$0.54$0.10
2015Detailed filing. Detailed filing data is available for this year.$0.15$0.00$0.15$0.42$0.36$0.06
2014Summary only. Only limited summary data is available for this year.$0.10$0.00$0.16$0.06$0.09