Civic Intelligence

Berkeley Music Group

990 • Fiscal year 2018 • EIN 46-1517597

Jan 01, 2018 to Dec 31, 2018 • Filed on Nov 15, 2019

1300 Clay St No 600Oakland, CA 94612

(925) 354-1442

Siviq Scores

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

Liabilities / Assets

69th percentile

0.38x

Higher debt load relative to assets than 69% of similar nonprofits.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2018

Liabilities / Revenue

70th percentile

0.42x

Higher debt load relative to revenue than 70% of similar nonprofits.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2018

Net Margin

26th percentile

-4.4%

Higher net margin than 26% of similar nonprofits.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2018

Top Officer Pay

71st percentile

$180,000

Higher top officer pay than 71% of similar nonprofits.

Top officer pay equals 3.7% of source-year revenue.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2018

Asset Growth

16th percentile

-6.9%

Faster asset growth than 16% of similar nonprofits.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2017 to 2018

Revenue Growth

73rd percentile

17%

Faster revenue growth than 73% of similar nonprofits.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2017 to 2018

Assets

Down

$5,361,462

Down $400,443 (-6.9%) from 2017

Net Assets

Down

$3,310,767

Down $213,111 (-6.0%) from 2017

Liabilities

Down

$2,050,695

Down $187,332 (-8.4%) from 2017

Revenue

Up

$4,832,486

Up $705,875 (+17%) from 2017

Expenses

Up

$5,045,597

Up $251,467 (+5.2%) from 2017

Net Income

Up

-$213,111

Up $454,408 (+68%) from 2017

Historical Trend

Balance Sheet Trend

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

$8.0M$6.0M$4.0M$2.0M$0Assets 2013: $1,552,225Liabilities 2013: $0Net Assets 2013: $1,552,2252013Assets 2014: $1,737,727Liabilities 2014: $0Net Assets 2014: $1,737,7272014Assets 2015: $4,937,992Liabilities 2015: $1,700,063Net Assets 2015: $3,237,9292015Assets 2016: $6,689,585Liabilities 2016: $2,498,188Net Assets 2016: $4,191,3972016Assets 2017: $5,761,905Liabilities 2017: $2,238,027Net Assets 2017: $3,523,8782017Assets 2018: $5,361,462Liabilities 2018: $2,050,695Net Assets 2018: $3,310,7672018Assets 2019: $5,052,105Liabilities 2019: $2,192,364Net Assets 2019: $2,859,7412019Assets 2020: $4,713,885Liabilities 2020: $2,620,257Net Assets 2020: $2,093,6282020Assets 2021: $6,181,022Liabilities 2021: $2,667,138Net Assets 2021: $3,513,8842021Assets 2022: $6,329,544Liabilities 2022: $2,671,194Net Assets 2022: $3,658,3502022Assets 2023: $5,785,278Liabilities 2023: $2,467,315Net Assets 2023: $3,317,9632023Assets 2024: $4,151,129Liabilities 2024: $1,636,629Net Assets 2024: $2,514,5002024

Highlighted filing

2018

Assets$5,361,462
Liabilities$2,050,695
Net Assets$3,310,767

Operations Trend

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

$8.0M$6.0M$4.0M$2.0M$0-$2.0MRevenue 2013: $1,573,868Expenses 2013: $131,839Net Income 2013: $1,442,0292013Revenue 2014: $477,893Expenses 2014: $292,391Net Income 2014: $185,5022014Revenue 2015: $2,019,054Expenses 2015: $518,852Net Income 2015: $1,500,2022015Revenue 2016: $3,914,763Expenses 2016: $2,961,295Net Income 2016: $953,4682016Revenue 2017: $4,126,611Expenses 2017: $4,794,130Net Income 2017: -$667,5192017Revenue 2018: $4,832,486Expenses 2018: $5,045,597Net Income 2018: -$213,1112018Revenue 2019: $3,873,557Expenses 2019: $4,324,583Net Income 2019: -$451,0262019Revenue 2020: $1,477,726Expenses 2020: $2,202,965Net Income 2020: -$725,2392020Revenue 2021: $4,579,247Expenses 2021: $3,127,455Net Income 2021: $1,451,7922021Revenue 2022: $5,389,520Expenses 2022: $5,245,054Net Income 2022: $144,4662022Revenue 2023: $5,578,492Expenses 2023: $5,918,879Net Income 2023: -$340,3872023Revenue 2024: $5,753,192Expenses 2024: $6,556,655Net Income 2024: -$803,4632024

Highlighted filing

2018

Revenue$4,832,486
Expenses$5,045,597
Net Income-$213,111
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Nov 15, 2019
Return Version
2018v3.1
Gross Receipts
$5,041,030
Mission and Program Overview

Mission

The berkeley music group was founded in 2012 as a 501(c)3 nonprofit organization to renovate and run the uc theatre taube family music hall in berkeley. The uc theatre is an independent community-minded 1,400 capacity multi-tiered live music venue with youth education programs. Our mission is to present a vibrant and diverse range of live performances to advance the understanding and appreciation of music, culture, and education in the bay area. We provide inclusive, diverse, and culturally rich music programming as well as transformative hands on music business youth education programs. The berkeley music group is dedicated to ensuring that the uc theatre strengthens the bay areas vibrant fabric of nonprofit arts and service organizations.

Bmg was formed to renovate and run the uc theatre taube family music hall in berkeley.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$5,334,220$4,972,099▼ $362,121
Pledges and Grants Receivable$155,000$264,237▲ $109,237
Savings and Temporary Cash Investments$75,504--
Accounts Receivable$68,625--
Cash and Non-Interest-Bearing Accounts-$28,432-
Inventories for Sale or Use$31,314$21,827▼ $9,487
Prepaid Expenses and Deferred Charges$38,779$16,404▼ $22,375
Total Assets$5,761,905$5,361,462▼ $400,443
Other Assets Total$58,463$58,463→ $0
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,065,000$975,000▼ $90,000
Accounts Payable and Accrued Expenses$836,860$812,553▼ $24,307
Deferred Revenue$172,163$167,059▼ $5,104
Other Liabilities$164,004$96,083▼ $67,921
Total Liabilities$2,238,027$2,050,695▼ $187,332
Net Assets / Fund Balance
Unrestricted Net Assets$3,523,878$3,310,767▼ $213,111
Total Net Assets Fund Balance$3,523,878$3,310,767▼ $213,111
Total Liabilities and Net Assets / Fund Balance$5,761,905$5,361,462▼ $400,443

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$3,826,914$803,595$4,630,509
Equipment$1,145,185$65,428$1,210,613
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
David M MayeriPresidentFT$165,000$15,000$180,000

Board Members and Trustees

NameTitle
Andrew FremderDirector
Ann Fischer HechtDirector
Noah DoyleDirector
Tamara WhiteDirector
Mark RennieSecretary
John WellerTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$811,669
Program Service Revenue
$3,343,437
Investment Income
$11
Other Revenue
$677,369
All Other Contributions
$811,669
Change in Net Assets
$-213,111

Audited Revenue Reconciliation

Revenue per Audited Statements
$5,041,030
Revenue Not Reported on Financial Statements
$-208,544
Revenue Not Reported on Form 990
$0
Other Revenue Adjustments
$-208,544
Total Revenue per Audited Statements
$5,041,030
Total Revenue per Form 990
$4,832,486
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$3,546,655
Salaries, Compensation, and Employee Benefits$1,498,942
Total Fundraising Expense$128,873
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$1,889,345--$1,889,345
Other Salaries and Wages$1,187,032$101,832$30,078$1,318,942
Occupancy$299,302$19,598$8,908$327,808
Depreciation Depletion$302,449$13,690$6,222$322,361
Advertising$302,720--$302,720
Current Officers, Directors, Trustees, and Key Employees$55,000$70,000$55,000$180,000
All Other Expenses$74,578$31,669$26,399$132,646
Fees for Services Accounting-$120,171-$120,171
Insurance$86,694$11,495$353$98,542
Interest$16,985$57,367-$74,352
Office Expenses$50,852$4,991$1,913$57,756
Other Expenses$38,685--$38,685
Total Functional Expenses$4,485,911$430,813$128,873$5,045,597

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$5,254,141
Total Expenses per Audited Statements$5,254,141
Total Expenses per Form 990$5,045,597
Expenses Not Reported on Form 990$0
Expenses Not Reported on Financial Statements$-208,544
Other Expense Adjustments$-208,544
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
Capital Leases$96,083
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
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
No
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

The ceo and cfo review form 990 in detail before efiling. A copy is provided to the entire board.

Form 990, Part VI, Section B, Line 12C

Directors are required annually to sign a conflict of interest statement. Potential conflicts are resolved at the board level.

Form 990, Part VI, Section C, Line 19

UPON REQUEST.

Filing and Contact Details

Filer

Filer Name
Berkeley Music Group
EIN
46-1517597
Phone
9253541442
Address
1300 CLAY ST NO 600, OAKLAND, CA 94612

Signing Officer

Name
John Weller
Title
CFO
Phone
9253541442
Signed
2019-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
David M Mayeri
Formed
2012
Legal Domicile
CA
Voting Board Members
7
Independent Board Members
7
Employees
0
Volunteers
0

Preparer

Firm
Singerlewak Llp
Address
262 GRAND AVENUE, S SAN FRANCISCO, CA 94080
Preparer
Bruce Wright
Phone
6508727600
Supplemental Narrative

Additional Explanations

FORM 990, PART III, LINE 1, DESCRIPTION OF ORGANIZATION MISSION:

The berkeley music group is a 501(c)3 nonprofit organization that was formed to renovate and run the uc theatre taube family music hall in berkeley. Our mission is to present a vibrant and diverse range of live performances to advance the understanding and appreciation of music, culture, and education in the bay area. The uc theatre will feature a wide-ranging mix of local, national, and international artists; plus film, comedy shows, and speaker events. The concert career pathways education programs will offer vocational training on technical, creative, and business aspects of running and promoting concerts and cultural events through workshops and hands-on paid internship programs, as well as job placement opportunities. The berkeley music group is dedicated to ensuring the uc theatre strengthens the bay area's vibrant fabric of nonprofit arts and service organizations.

Form 990, Part III, Line 4A - Program Service Accomplishments

The berkeley music group (bmg) raised funds for the renovation of the uc theatre which opened to the public in april of 2016, giving birth to an exciting new place to gather for music in berkeley. It is a tribute to the many people in the community with great philanthropic hearts, who invested in the idea of a reborn theatre's second life as a music venue creating community benefit through concerts, youth education programs and community partnerships in the east bay and beyond. The uc theatre taube family music hall is a multi-tiered, all ages, 1,400 capacity live music venue with a bar and kitchen, and a state-of-the-art meyer leopard sound system. Bmg presents a diverse range of local, national and international artists and bands featuring the best in live entertainment. Bmg is dedicated to ensuring that the uc theatre strengthens the bay area's vibrant fabric of nonprofit arts and service organizations. We are building a collaborative network of community partnerships with existing education, performing arts, health and youth development nonprofits to assist them with their fundraising and outreach through events at the uc theatre.

Form 990, Part III, Line 4B - Program Service Accomplishments

Bmg's concert career pathways education program teaches young people ages 17 to 25 the technical, creative, and business aspects of concert and event promotion. Bmg's hands-on work-based learning model is a combination of free workshops and paid internships where young people learn the best practices in essential jobs such as: production manager, event coordinator, stage manager, floor manager, ticketing and box office operations, bar operations, general marketing and promotions, social media promotions, booking, and more. Bmg offers these programs to youth attending local schools and underserved youth through partnerships with established non-profit community organizations, and the general public. Since reopening, bmg has hosted 2 concert career pathways intern cohorts, with a third cohort of 20 teen and young adults begins in august. Bmg's students come from a diverse range of backgrounds; half the students are female, 73% are people of color, and most of them live up and down the hwy 80 corridor from san pablo to san leandro. Over 80% of our graduates were placed in entry level positions within the music industry and related sectors of their internship positions. Bmg is proud to have trained many of their interns to produce their own small-scale concert series: speak your truth (syt) a youth produced concert series where previous and current interns use the skills they've learned to produce their own events. In order to ensure that the program is accessible to young people for underserved communities, bmg formed the educational advisory committee which is comprised of numerous nonprofit youth development organizations who work from these communities.

Form 990, Part IX, Line 11G

Performance talent: program service expenses 1,889,345. Management and general expenses 0. Fundraising expenses 0. Total expenses 1,889,345.

Financial Statement Notes

PART XI, LINE 4B - OTHER ADJUSTMENTS:

Cost of goods sold -208,544.

PART XII, LINE 4B - OTHER ADJUSTMENTS:

Cost of goods sold -208,544.

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IRS990ScheduleD/EquipmentGrp/DepreciationAmt065428
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IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt0-208544
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IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0803595
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IRS990ScheduleD/RevenueNotReportedFinclStmtAmt0-208544
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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0COST OF GOODS SOLD -208,544.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1COST OF GOODS SOLD -208,544.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART XI, LINE 4B - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XII, LINE 4B - OTHER ADJUSTMENTS:
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE BERKELEY MUSIC GROUP IS A 501(C)3 NONPROFIT ORGANIZATION THAT WAS FORMED TO RENOVATE AND RUN THE UC THEATRE TAUBE FAMILY MUSIC HALL IN BERKELEY. OUR MISSION IS TO PRESENT A VIBRANT AND DIVERSE RANGE OF LIVE PERFORMANCES TO ADVANCE THE UNDERSTANDING AND APPRECIATION OF MUSIC, CULTURE, AND EDUCATION IN THE BAY AREA. THE UC THEATRE WILL FEATURE A WIDE-RANGING MIX OF LOCAL, NATIONAL, AND INTERNATIONAL ARTISTS; PLUS FILM, COMEDY SHOWS, AND SPEAKER EVENTS. THE CONCERT CAREER PATHWAYS EDUCATION PROGRAMS WILL OFFER VOCATIONAL TRAINING ON TECHNICAL, CREATIVE, AND BUSINESS ASPECTS OF RUNNING AND PROMOTING CONCERTS AND CULTURAL EVENTS THROUGH WORKSHOPS AND HANDS-ON PAID INTERNSHIP PROGRAMS, AS WELL AS JOB PLACEMENT OPPORTUNITIES. THE BERKELEY MUSIC GROUP IS DEDICATED TO ENSURING THE UC THEATRE STRENGTHENS THE BAY AREA'S VIBRANT FABRIC OF NONPROFIT ARTS AND SERVICE ORGANIZATIONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE BERKELEY MUSIC GROUP (BMG) RAISED FUNDS FOR THE RENOVATION OF THE UC THEATRE WHICH OPENED TO THE PUBLIC IN APRIL OF 2016, GIVING BIRTH TO AN EXCITING NEW PLACE TO GATHER FOR MUSIC IN BERKELEY. IT IS A TRIBUTE TO THE MANY PEOPLE IN THE COMMUNITY WITH GREAT PHILANTHROPIC HEARTS, WHO INVESTED IN THE IDEA OF A REBORN THEATRE'S SECOND LIFE AS A MUSIC VENUE CREATING COMMUNITY BENEFIT THROUGH CONCERTS, YOUTH EDUCATION PROGRAMS AND COMMUNITY PARTNERSHIPS IN THE EAST BAY AND BEYOND. THE UC THEATRE TAUBE FAMILY MUSIC HALL IS A MULTI-TIERED, ALL AGES, 1,400 CAPACITY LIVE MUSIC VENUE WITH A BAR AND KITCHEN, AND A STATE-OF-THE-ART MEYER LEOPARD SOUND SYSTEM. BMG PRESENTS A DIVERSE RANGE OF LOCAL, NATIONAL AND INTERNATIONAL ARTISTS AND BANDS FEATURING THE BEST IN LIVE ENTERTAINMENT. BMG IS DEDICATED TO ENSURING THAT THE UC THEATRE STRENGTHENS THE BAY AREA'S VIBRANT FABRIC OF NONPROFIT ARTS AND SERVICE ORGANIZATIONS. WE ARE BUILDING A COLLABORATIVE NETWORK OF COMMUNITY PARTNERSHIPS WITH EXISTING EDUCATION, PERFORMING ARTS, HEALTH AND YOUTH DEVELOPMENT NONPROFITS TO ASSIST THEM WITH THEIR FUNDRAISING AND OUTREACH THROUGH EVENTS AT THE UC THEATRE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2BMG'S CONCERT CAREER PATHWAYS EDUCATION PROGRAM TEACHES YOUNG PEOPLE AGES 17 TO 25 THE TECHNICAL, CREATIVE, AND BUSINESS ASPECTS OF CONCERT AND EVENT PROMOTION. BMG'S HANDS-ON WORK-BASED LEARNING MODEL IS A COMBINATION OF FREE WORKSHOPS AND PAID INTERNSHIPS WHERE YOUNG PEOPLE LEARN THE BEST PRACTICES IN ESSENTIAL JOBS SUCH AS: PRODUCTION MANAGER, EVENT COORDINATOR, STAGE MANAGER, FLOOR MANAGER, TICKETING AND BOX OFFICE OPERATIONS, BAR OPERATIONS, GENERAL MARKETING AND PROMOTIONS, SOCIAL MEDIA PROMOTIONS, BOOKING, AND MORE. BMG OFFERS THESE PROGRAMS TO YOUTH ATTENDING LOCAL SCHOOLS AND UNDERSERVED YOUTH THROUGH PARTNERSHIPS WITH ESTABLISHED NON-PROFIT COMMUNITY ORGANIZATIONS, AND THE GENERAL PUBLIC. SINCE REOPENING, BMG HAS HOSTED 2 CONCERT CAREER PATHWAYS INTERN COHORTS, WITH A THIRD COHORT OF 20 TEEN AND YOUNG ADULTS BEGINS IN AUGUST. BMG'S STUDENTS COME FROM A DIVERSE RANGE OF BACKGROUNDS; HALF THE STUDENTS ARE FEMALE, 73% ARE PEOPLE OF COLOR, AND MOST OF THEM LIVE UP AND DOWN THE HWY 80 CORRIDOR FROM SAN PABLO TO SAN LEANDRO. OVER 80% OF OUR GRADUATES WERE PLACED IN ENTRY LEVEL POSITIONS WITHIN THE MUSIC INDUSTRY AND RELATED SECTORS OF THEIR INTERNSHIP POSITIONS. BMG IS PROUD TO HAVE TRAINED MANY OF THEIR INTERNS TO PRODUCE THEIR OWN SMALL-SCALE CONCERT SERIES: SPEAK YOUR TRUTH (SYT) A YOUTH PRODUCED CONCERT SERIES WHERE PREVIOUS AND CURRENT INTERNS USE THE SKILLS THEY'VE LEARNED TO PRODUCE THEIR OWN EVENTS. IN ORDER TO ENSURE THAT THE PROGRAM IS ACCESSIBLE TO YOUNG PEOPLE FOR UNDERSERVED COMMUNITIES, BMG FORMED THE EDUCATIONAL ADVISORY COMMITTEE WHICH IS COMPRISED OF NUMEROUS NONPROFIT YOUTH DEVELOPMENT ORGANIZATIONS WHO WORK FROM THESE COMMUNITIES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE CEO AND CFO REVIEW FORM 990 IN DETAIL BEFORE EFILING. A COPY IS PROVIDED TO THE ENTIRE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4DIRECTORS ARE REQUIRED ANNUALLY TO SIGN A CONFLICT OF INTEREST STATEMENT. POTENTIAL CONFLICTS ARE RESOLVED AT THE BOARD LEVEL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6PERFORMANCE TALENT: PROGRAM SERVICE EXPENSES 1,889,345. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,889,345.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART III, LINE 1, DESCRIPTION OF ORGANIZATION MISSION:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART III, LINE 4A - PROGRAM SERVICE ACCOMPLISHMENTS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART III, LINE 4B - PROGRAM SERVICE ACCOMPLISHMENTS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART IX, LINE 11G
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IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00

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