Civic Intelligence

Sound Salon

990EZ • Fiscal year 2020 • EIN 81-5182891

Jul 01, 2019 to Jun 30, 2020 • Filed on Oct 27, 2020

1211 E Denny WaySeattle, WA 98122

(206) 276-5490

Siviq Scores

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

Liabilities / Assets

55th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

55th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Net Margin

59th percentile

11%

Higher net margin than 59% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Top Officer Pay

85th percentile

$24,000

Higher top officer pay than 85% of similar nonprofits.

Top officer pay equals 15.0% of source-year revenue.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Asset Growth

72nd percentile

30%

Faster asset growth than 72% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

52nd percentile

-12%

Faster revenue growth than 52% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Assets

Up

$75,782

Up $33,131 (+78%) from 2018

Net Assets

Up

$75,782

Up $33,131 (+78%) from 2018

Liabilities

$0

No earlier filing loaded for comparison.

Revenue

Down

$160,465

Down $16,214 (-9.2%) from 2018

Expenses

Down

$142,799

Down $10,038 (-6.6%) from 2018

Net Income

Down

$17,666

Down $6,176 (-26%) from 2018

Historical Trend

Balance Sheet Trend

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

$200K$150K$100K$50K$0Assets 2018: $42,651Net Assets 2018: $42,6512018Assets 2020: $75,782Liabilities 2020: $0Net Assets 2020: $75,7822020Assets 2021: $93,360Liabilities 2021: $116Net Assets 2021: $93,2442021Assets 2022: $149,410Liabilities 2022: $2,053Net Assets 2022: $147,3572022Assets 2024: $170,333Liabilities 2024: $2,009Net Assets 2024: $168,3242024

Highlighted filing

2020

Assets$75,782
Liabilities$0
Net Assets$75,782

Operations Trend

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

$400K$300K$200K$100K$0Revenue 2018: $176,679Expenses 2018: $152,837Net Income 2018: $23,8422018Revenue 2020: $160,465Expenses 2020: $142,799Net Income 2020: $17,6662020Revenue 2021: $199,958Expenses 2021: $182,496Net Income 2021: $17,4622021Revenue 2022: $225,795Expenses 2022: $171,819Net Income 2022: $53,9762022Revenue 2024: $312,706Expenses 2024: $244,734Net Income 2024: $67,9722024

Highlighted filing

2020

Revenue$160,465
Expenses$142,799
Net Income$17,666
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
Oct 27, 2020
Return Version
2019v5.0
Gross Receipts
$161,666
Mission and Program Overview

Mission

Sound Salon is a chamber music series building community through thoughtfully programmed performances that feature favorite composers alongside lesser-known gems, brought to life by the multifaceted perspectives of our brilliant artists.Our VisionSound Salon builds an increasingly inclusive and diverse community through thoughtfully programmed performances that welcome, engage and inspire.Our ValuesWe conduct ourselves with integrity by:Showing care and appreciation for artists, audience, staff, and volunteers.Committing ourselves to equity, inclusivity, and egalitarian relationships.Engaging in learning with humility.Being transparent and intentional in all our activities.Relating our work to history and to the social realities of our time.Performing with attention to the technical and philosophical aspects of music.

Mission: Byron Schenkman & Friends presents artistically excellent Baroque and Classical chamber music to audiences in Seattle and beyond through lively and engaging concerts and recordings.Vision:Byron Schenkman & Friends builds a diverse and inclusive community through historically informed chamber music performances that welcome, engage and inspire.Values: Through music we bring people together and foster an inclusive and diverse community.We perform at the highest levels of artistic expression and support our musicians accordingly.Our audiences are enriched by understanding the historical background and context of the music.

Program Services

DescriptionGrantsExpenses
Total attendance for four concerts was 1445. Two concerts were canceled due to Covid-19. The March concert was moved to a radio audio-only online performance with potentially thousands of listeners We had three run-out concerts with a total of 198 attendees: Portland (44); Ellensburg (28); Port Hadlock (125)Musical evenings in smaller venues with 227 attendees: Epiphany Music Guild (117) and Mozart Birthday Toast (110)Retirement community performance with 204 attendees: Horizon House (120)and Mirabella (84)School assembly with 50 students at Garfield High SchoolFree tickets to 78 challenged and disadvantaged community membersProvided 22 tickets to other NPO for their auctions/fundraising events$142,799-
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
MARGY CROSBYGeneral ManagerFT$24,000-$24,000
BYRON SCHENKMANArtistic DirectorFT$24,000-$24,000
ROB De LINEPresident-$0--
TOM LEWANDOWSKIVice President-$0--
ZHENYU ZHAOTreasurer-$0--
PEGGY MONROESecretary-$0--
MARIA COLDWELLDirector-$0--
FLORA LEEDirector-$0--
DONNA McCAMPBELLDirector-$0--
JOY SHERMANDirector-$0--
WYATT SMITHDirector-$0--
VALERIE YOCKEYDirector-$0--
Filing and Contact Details

Filer

Filer Name
Byron Schenkman & Friends
EIN
81-5182891
Phone
2062765490
Address
1211 E DENNY WAY, SEATTLE, WA 98122

Signing Officer

Name
Zhenyu Zhao
Title
Treasurer
Signed
2020-10-27
Discuss with paid preparer
Yes

Preparer

Firm
Dave Bembridge CPA PS
Address
340 15th Ave East Ste 303, Seattle, WA 98112
Preparer
David G Bembridge CPA
Phone
2063237103
Supplemental Narrative

Additional Explanations

Other Revenue.1

Advertising $2520

Other Expenses.1001

Advertising and Promotion $28348

Other Expenses.1002

Office Expenses $783

Other Expenses.1003

Information Technology $514

Other Expenses.1012

Insurance $698

Other Expenses.1

Concert Expenses $57064

Other Expenses.3

Bank & Credit Card Fees $690

Other Expenses.4

Miscellaneous $534

Other Expenses.5

Recording Projects $338

Other Expenses.6

Prior Year Adjustment $218

Other Expenses.7

Licences & Permits $71

Other Assets.1005

Accounts Receivable - Beginning $28106 Accounts Receivable - Ending $8046

Other Assets.1010

Inventories - Beginning $3374 Inventories - Ending $6173

Other Assets.1011

Prepaid Expenses and Deferred Charges - Beginning $2469 Prepaid Expenses and Deferred Charges - Ending $3151

Total Liabilities.1001

Accounts Payable and Accrued Expenses - Beginning $136 Accounts Payable and Accrued Expenses - Ending $0

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