CENTER FOR NEW MUSIC SAN FRANCISCO INC

EIN: 461228251 501(c)(3) Arts, Culture & Humanities

SAN FRANCISCO, CA

Total Revenue
$5,338,040
Total Expenses
$5,236,849
Total Assets
$1,549,011
Net Assets
$895,581
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2012
Legal Domicile
CA
Principal Officer
BRENT MILLER
Phone
4152752466
Tax Period
2023-10-01 to 2024-09-30

CENTER FOR NEW MUSIC SAN FRANCISCO INC, founded in 2012, is a community nonprofit in the Arts, Culture & Humanities sector that reported $5.3M in total revenue in fiscal year 2023. Revenue surged 42% from the prior year, signaling strong growth momentum.

Mission

THE CENTER FOR NEW MUSIC FOSTER CONTEMPORARY MUSIC'S GROWTH BY GIVING PRACTICING ARTISTS ACCESS TO PROFESSIONAL RESOURCE AND EXPERTISE AND BY PROVIDING THEM WITH OPPORTUNITIES FOR SHARING KNOWLEDGE AND EXPLORING NEW IDEAS. THE CENTER FOR NEW MUSIC SAN FRANCISCO IS A COMMUNITY CENTER FOR PARTICIPANTS OF NEW MUSIC IN SAN FRANCISCO. THE CENTER SERVICES THE PRACTIONERS OF CREATIVE, NONCOMMERCIAL MUSIC BY PROVIDING THE RESOURCES THEY NEED, INCLUDING SPACE TO WORK, REHEARSE, AND PERFORM, ACCESS TO A LIKE-MINDED COMMUNITY AND ACCESS TO MEDIA RESOURCES. THROUGH THESE SERVICES, THE CENTER SEEKS TO SUPPORT AND BUILD THE COMMUNITY OF NEW MUSIC TO ENCOURAGE ITS EFFICIENCY, GROWTH, INTEGRATION, AND EXCELLANCE. THE CENTER ACTS AS A STEWARD FOR OUR COMMUNITY. BY VALUING DIVERSITY AND INCLUSION, FAIR TREATMENT OF MEMBERS, FAIR PAYMENT OF PARTICIPATING ARTISTS, AND ADVOCACY FOR THE GROWTH AND INTEGRATION OF OUR COMMUNITY, THE CENTER WILL PROVIDE A PLATFORM FOR COMMUNICATION, COLLABORATION, OUTREACH, PR

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $4,810,678
Program Service Revenue $527,358
Investment Income $4
Other Revenue $0
TOTAL REVENUE $5,338,040

Expense Breakdown

Grants Paid $181,777
Salaries & Benefits $3,160,163
Fundraising Expenses $34,025
Program Expenses $4,938,980
Other Expenses $1,894,909
TOTAL EXPENSES $5,236,849

Year-over-Year Comparison

2023 2022 Change
Revenue $5,338,040 $3,760,390 +0.4%
Expenses $5,236,849 $4,424,251 +0.2%
Net Income $101,191 $-663,861 -1.2%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

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Liquidity & Cash Position

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Governance

Voting Members
5
Independent Members
5
Employees
111
Volunteers
49

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
4
$240,269
Total Directors
6
$240,269
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DONNA HILLIARD Executive Dir. 40.00
Officer Director
$165,000 $0 $165,000
STEVEN RICE PROGRAM MGR 40.00
$125,000 $0 $125,000
TERRILL D JONES Sr Dir of Amb 40.00
$124,615 $0 $124,615
BRENT MILLER Executive Dir. 40.00
Officer Director
$75,269 $0 $75,269
MAGGIE ANDREWS Secretary 5.00
Director
$0 $0 $0
CARTER GIBSON President 5.00
Officer Director
$0 $0 $0
SUELI SHAW Director 5.00
Director
$0 $0 $0
DENNIS YANG Treasurer 5.00
Officer Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $5,338,040 $5,236,849 $1,549,011 $101,191
2023 $3,760,390 $4,424,251 $1,066,315 $-663,861
2022 $2,504,937 $2,292,722 $1,502,615 $212,215
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