Civic Intelligence

Seattle Conservatory of Music

EIN 91-1652185 • 501(c)3

Profile

To provide the highest standard of music education and artistic development available in the pacific northwest for aspiring young musicians in a challenging and supportive environment.

4038 Stone Way Ave NE98103-8024

www.seattleconservatory.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

86th percentile

0.33x

Higher debt load relative to assets than 86% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2016

Liabilities / Revenue

79th percentile

0.05x

Higher debt load relative to revenue than 79% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2016

Net Margin

63rd percentile

9.2%

Higher net margin than 63% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2016

Top Officer Pay

94th percentile

$54,829

Higher top officer pay than 94% of similar nonprofits.

Top officer pay equals 30.6% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2014

Asset Growth

91st percentile

92%

Faster asset growth than 91% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Revenue Growth

94th percentile

157%

Faster revenue growth than 94% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Assets

Up

$30,579

Up $14,659 (+92%) from 2015

Liabilities

Down

$10,201

Down $2,493 (-20%) from 2015

Net Assets

-

No earlier filing loaded for comparison.

Revenue

Up

$186,328

Up $113,699 (+157%) from 2015

Expenses

Down

$169,176

Down $2,219 (-1.3%) from 2015

Net Income

Up

$17,152

Up $115,918 (+117%) from 2015

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$150K$100K$50K$0Assets 2011: $101,551Liabilities 2011: $6,106Net Assets 2011: $95,4452011Assets 2012: $102,307Liabilities 2012: $12,602Net Assets 2012: $89,7052012Assets 2013: $103,653Liabilities 2013: $6,381Net Assets 2013: $97,2722013Assets 2014: $112,362Liabilities 2014: $10,370Net Assets 2014: $101,9922014Assets 2015: $15,920Liabilities 2015: $12,6942015Assets 2016: $30,579Liabilities 2016: $10,2012016

Highlighted filing

2016

Assets$30,579
Liabilities$10,201
Net Assets-

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$200K$100K$0-$100KRevenue 2011: $193,912Expenses 2011: $194,034Net Income 2011: -$1222011Revenue 2012: $178,755Expenses 2012: $184,495Net Income 2012: -$5,7402012Revenue 2013: $171,811Expenses 2013: $164,244Net Income 2013: $7,5672013Revenue 2014: $179,391Expenses 2014: $174,671Net Income 2014: $4,7202014Revenue 2015: $72,629Expenses 2015: $171,395Net Income 2015: -$98,7662015Revenue 2016: $186,328Expenses 2016: $169,176Net Income 2016: $17,1522016

Highlighted filing

2016

Revenue$186,328
Expenses$169,176
Net Income$17,152

Filings

Latest Detailed Filing

The latest 2016 filing currently has summary financial data only. Showing the latest detailed filing from 2014 below.

Jump To
Filing Snapshot
Filing Period
Sep 1, 2013 to Aug 31, 2014
Signed
Nov 23, 2014
Return Version
2013v4.0
Gross Receipts
$179,391
Mission and Program Overview

Mission

To provide the highest standard of music education and artistic development available in the pacific northwest for aspiring young musicians in a challenging and supportive environment.

Program Services

DescriptionGrantsExpenses
THE STARLING PROJECT, WITH FUNDING FROM THE DOROTHY RICHARD STARLING VIOLIN FOUNDATION, TRAINS CLASSICAL VIOLINISTS TOWARD CAREERS AS VIOLINISTS IN THE FUTURE. THE STARLING FOUNDATION STIPULATES THAT UP TO EIGHT STUDENTS WHO STUDY WITH MARGARET PRESSLEY CAN BE SELECTED BY HER TO BE ELIGIBLE TO RECEIVE TUITION TOWARD VIOLIN LESSONS DURING THE CONSERVATORY'S SCHOOL YEAR. IT ALSO PAYS THE DIRECTOR, MS. PRESSLEY, AN ANNUAL SALARY DURING THE SCHOOL YEAR. IT FUNDS CONSERVATORY TUITION, PIANIST FEES, TRAVEL FEES, ADMINISTRATIVE FEES, VIOLIN SUPPLIES, AND ANYTHING ELSE THAT MS. PRESSLEY STIPULATES AS NEEDED FOR VIOLIN EDUCATION THROUGH THIS FUND.-$139,251
JUNIOR AND SENIOR DIVISION MUSIC ACADEMIC PROGRAMS. PROVIDED PRE-COLLEGE CLASSICAL MUSICIANS WITH ACADEMIC TRAINING COURSES TAUGHT BY EXPERT FACULTY.-$16,851
WESTSIDE CHAMBER MUSIC PROGRAM PROVIDED PRE-COLLEGE MUSICIANS WITH THE OPPORTUNITY TO BE COACHED BY EXPERT FACULTY IN WEEKLY ENSEMBLE REHEARSALS IN PREPARATION FOR BI-ANNUAL CONCERT PRESENTATIONS.-$10,305
COLLEGIATE-PERFORMANCE PREPARATION PROGRAM PROVIDED PRE-COLLEGE MUSICIANS WITH WEEKLY REHEARSALS AND SOLO PERFORMANCE OPPORTUNITIES ON INSTRUMENTS OF CHOICE, WITH GUIDANCE BY EXPERT FACULTY IN PUBLIC SPEAKING, COLLEGIATE RESEARCH, PERFORMANCE ETIQUETTE, REHEARSAL COACHING WITH THE CONSERVATORY'S OFFICIAL PIANIST/COLLABORATOR, AND MONTHLY OUTREACH SOLO CONCERT OPPORTUNITIES TO THE SENIOR COMMUNITY.-$8,685
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
MARGARET PRESSLEYDirectorFT$54,829-$54,829
BARBARA PHILLIPSDirector-$0--
SEAN MOONEYDirector-$0--
DEBORAH PORTERSecretary-$0--
ROB SOKOLPresident-$0--
BRITTANY BOULDINGDirector-$0--
Filing and Contact Details

Filer

EIN
91-1652185
Phone
2066326715

Signing Officer

Name
Margaret Pressley
Title
Director
Phone
2066326715
Signed
2014-11-23
Discuss with paid preparer
Yes

Preparer

Preparer
John a Kuder
Phone
2062754228
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

Expenses advertising 1,025 office 947 insurance 4,948 licenses 200 bank & payroll fees 2,208 supplies 290 telecommunication 273 food and events 828 miscellaneous 134 non-investment depreciation 245 total 11,098

Form 990-ez, Part II, Line 24

Accounts receivable 289 115 1,226 1,226 less accumulated depreciation 33 278 deposits 1,000 900 prepayment 800 419 total 3,282 2,382

Form 990-ez, Part II, Line 26

Accounts payable and accrued expenses 141 140 deferred revenue 6,240 10,230

Form 990-ez, Part III

To provide the highest standard of music education and artistic development available in the pacific northwest for aspiring young musicians in a challenging and supportive environment.

Form 990-ez, Part III, Line 28

The starling project, with funding from the dorothy richard starling violin foundation, trains classical violinists toward careers as violinists in the future. The starling foundation stipulates that up to eight students who study with margaret pressley can be selected by her to be eligible to receive tuition toward violin lessons during the conservatory's school year. It also pays the director, ms. Pressley, an annual salary during the school year. It funds conservatory tuition, pianist fees, travel fees, administrative fees, violin supplies, and anything else that ms. Pressley stipulates as needed for violin education through this fund.

Form 990-ez, Part III, Line 30

Collegiate-performance preparation program provided pre-college musicians with weekly rehearsals and solo performance opportunities on instruments of choice, with guidance by expert faculty in public speaking, collegiate research, performance etiquette, rehearsal coaching with the conservatory's official pianist/collaborator, and monthly outreach solo concert opportunities to the senior community.

Form 990-ez, Part III, Line 31

Westside chamber music program provided pre-college musicians with the opportunity to be coached by expert faculty in weekly ensemble rehearsals in preparation for bi-annual concert presentations.

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

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IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0THE STARLING PROJECT, WITH FUNDING FROM THE DOROTHY RICHARD STARLING VIOLIN FOUNDATION, TRAINS CLASSICAL VIOLINISTS TOWARD CAREERS AS VIOLINISTS IN THE FUTURE. THE STARLING FOUNDATION STIPULATES THAT UP TO EIGHT STUDENTS WHO STUDY WITH MARGARET PRESSLEY CAN BE SELECTED BY HER TO BE ELIGIBLE TO RECEIVE TUITION TOWARD VIOLIN LESSONS DURING THE CONSERVATORY'S SCHOOL YEAR. IT ALSO PAYS THE DIRECTOR, MS. PRESSLEY, AN ANNUAL SALARY DURING THE SCHOOL YEAR. IT FUNDS CONSERVATORY TUITION, PIANIST FEES, TRAVEL FEES, ADMINISTRATIVE FEES, VIOLIN SUPPLIES, AND ANYTHING ELSE THAT MS. PRESSLEY STIPULATES AS NEEDED FOR VIOLIN EDUCATION THROUGH THIS FUND.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1JUNIOR AND SENIOR DIVISION MUSIC ACADEMIC PROGRAMS. PROVIDED PRE-COLLEGE CLASSICAL MUSICIANS WITH ACADEMIC TRAINING COURSES TAUGHT BY EXPERT FACULTY.
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IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0THE SCHOOL CUSTOMARILY DRAWS ITS STUDENTS FROM LOCAL COMMUNITIES AND FOLLOWS A RACIALLY NONDISCRIMINATORY POLICY, AS DESCRIBED IN ITS STATEMENT OF POLICY, AND ADMITS A MEANINGFUL NUMBER OF MINORITIES.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES ADVERTISING 1,025 OFFICE 947 INSURANCE 4,948 LICENSES 200 BANK & PAYROLL FEES 2,208 SUPPLIES 290 TELECOMMUNICATION 273 FOOD AND EVENTS 828 MISCELLANEOUS 134 NON-INVESTMENT DEPRECIATION 245 TOTAL 11,098
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ACCOUNTS RECEIVABLE 289 115 1,226 1,226 LESS ACCUMULATED DEPRECIATION 33 278 DEPOSITS 1,000 900 PREPAYMENT 800 419 TOTAL 3,282 2,382
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ACCOUNTS PAYABLE AND ACCRUED EXPENSES 141 140 DEFERRED REVENUE 6,240 10,230
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3TO PROVIDE THE HIGHEST STANDARD OF MUSIC EDUCATION AND ARTISTIC DEVELOPMENT AVAILABLE IN THE PACIFIC NORTHWEST FOR ASPIRING YOUNG MUSICIANS IN A CHALLENGING AND SUPPORTIVE ENVIRONMENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE STARLING PROJECT, WITH FUNDING FROM THE DOROTHY RICHARD STARLING VIOLIN FOUNDATION, TRAINS CLASSICAL VIOLINISTS TOWARD CAREERS AS VIOLINISTS IN THE FUTURE. THE STARLING FOUNDATION STIPULATES THAT UP TO EIGHT STUDENTS WHO STUDY WITH MARGARET PRESSLEY CAN BE SELECTED BY HER TO BE ELIGIBLE TO RECEIVE TUITION TOWARD VIOLIN LESSONS DURING THE CONSERVATORY'S SCHOOL YEAR. IT ALSO PAYS THE DIRECTOR, MS. PRESSLEY, AN ANNUAL SALARY DURING THE SCHOOL YEAR. IT FUNDS CONSERVATORY TUITION, PIANIST FEES, TRAVEL FEES, ADMINISTRATIVE FEES, VIOLIN SUPPLIES, AND ANYTHING ELSE THAT MS. PRESSLEY STIPULATES AS NEEDED FOR VIOLIN EDUCATION THROUGH THIS FUND.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5COLLEGIATE-PERFORMANCE PREPARATION PROGRAM PROVIDED PRE-COLLEGE MUSICIANS WITH WEEKLY REHEARSALS AND SOLO PERFORMANCE OPPORTUNITIES ON INSTRUMENTS OF CHOICE, WITH GUIDANCE BY EXPERT FACULTY IN PUBLIC SPEAKING, COLLEGIATE RESEARCH, PERFORMANCE ETIQUETTE, REHEARSAL COACHING WITH THE CONSERVATORY'S OFFICIAL PIANIST/COLLABORATOR, AND MONTHLY OUTREACH SOLO CONCERT OPPORTUNITIES TO THE SENIOR COMMUNITY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6WESTSIDE CHAMBER MUSIC PROGRAM PROVIDED PRE-COLLEGE MUSICIANS WITH THE OPPORTUNITY TO BE COACHED BY EXPERT FACULTY IN WEEKLY ENSEMBLE REHEARSALS IN PREPARATION FOR BI-ANNUAL CONCERT PRESENTATIONS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART III, LINE 28
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990-EZ, PART III, LINE 30
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990-EZ, PART III, LINE 31
ReturnHeader/BuildTS02016-03-07 17:11:31Z
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ReturnHeader/Filer/PhoneNum02066326715
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ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0911352573
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine10STERLING KUDER & COMPANY PS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine107525 SE 24TH ST STE 110
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/City0MERCER ISLAND
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/State0WA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCode0980402339
ReturnHeader/PreparerPersonGrp/PhoneNum02062754228
ReturnHeader/PreparerPersonGrp/PreparationDt02015-03-21
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JOHN A KUDER
ReturnHeader/ReturnTs02015-04-01T13:45:00-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02013-09-01
ReturnHeader/TaxPeriodEndDt02014-08-31
ReturnHeader/TaxYr02013

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Peer Organizations

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