Musical Bridges Around the World Inc

EIN: 742891493 501(c)(3) Arts, Culture & Humanities

San Antonio, TX

Total Revenue
$1,469,341
Total Expenses
$1,772,149
Total Assets
$1,751,954
Net Assets
$1,588,293
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Financial Trends

Organization Details

Formation Year
1998
Legal Domicile
TX
Principal Officer
Anya Grokhovski
Phone
2104641534
Tax Period
2023-09-01 to 2024-08-31

Musical Bridges Around the World Inc, founded in 1998, is a community nonprofit in the Arts, Culture & Humanities sector that reported $1.5M in total revenue in fiscal year 2023. Revenue decreased 13% compared to the prior year. Expenses of $1.8M exceeded revenue, resulting in a 21% operating deficit.

Mission

Focuses on creating one-of-a-kind classical, jazz and ethnic folk musicians for the benefit of the public and at-risk youth, while fostering San Antonios reputation as a cosmopolitan cultural center.

Program Service Accomplishments

Program 1
Expenses: $1,401,546 Revenue: $10,144

The organization held The Gurwitz 2024 International Piano Competition, which occurs every four years, and brought 2,881 attendees and 244,000 online viewers. Russell Hill Rogers Musical Evenings at...

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The organization held The Gurwitz 2024 International Piano Competition, which occurs every four years, and brought 2,881 attendees and 244,000 online viewers. Russell Hill Rogers Musical Evenings at San Fernando Cathedral concert series performed at full capacity with a total season attendance of 2,084. The organizations Musical Sprouts educational programming brought 114 events to 13,938 children. The organization took applications and awarded 5 scholarships and 7 appreciation prizes to young bowed string instrument players through the Colburn-Pledge Music Scholarship. The organizations Youth Ambassadors program graduated 2 alumni, took on 4 new ambassadors, held 3 recitals and 1 masterclass. The organizations senior concert series brought 29 events to 927 seniors. The organization started a pilot program at Brooke Army Medical Centers Soldier Recovery Unit, serving 175 soldiers over 4 events/sessions. The organization provided 3 art gallery exhibitions with 210 attendees during reception events note that the MBAW retired its gallery program after the last exhibition this FY.

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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 $1,428,179
Program Service Revenue $5,762
Investment Income $31,018
Other Revenue $4,382
TOTAL REVENUE $1,469,341

Expense Breakdown

Grants Paid $0
Salaries & Benefits $612,277
Fundraising Expenses $203,454
Program Expenses $1,401,546
Other Expenses $1,101,843
TOTAL EXPENSES $1,772,149

Year-over-Year Comparison

2023 2022 Change
Revenue $1,469,341 $1,679,451 -0.1%
Expenses $1,772,149 $1,273,164 +0.4%
Net Income $-302,808 $406,287 -1.7%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
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Governance

Voting Members
19
Independent Members
19
Employees
8
Volunteers
75

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
5
$112,785
Total Directors
20
$112,785
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Anya Grokhovski Artistic Director 040.00
Officer Director
$109,500 $3,285 $112,785
Adriana L Flores Secretary 017.00
Officer Director
$0 $0 $0
Eric Miller MD Executive Chair 002.00
Officer Director
$0 $0 $0
Vernon Haney Chair 002.00
Officer Director
$0 $0 $0
Aaron Asel CPA Treasurer 002.00
Officer Director
$0 $0 $0
Erin Camp Director 002.00
Director
$0 $0 $0
Crystale Cruz DO Director 002.00
Director
$0 $0 $0
Amanda Dominguez Director 002.00
Director
$0 $0 $0
Susan C Franklin Director 002.00
Director
$0 $0 $0
Faisal Khan Director 002.00
Director
$0 $0 $0
Robert B Leckie Director 002.00
Director
$0 $0 $0
Carlos Miranda Director 002.00
Director
$0 $0 $0
Elizabeth Morales Director 002.00
Director
$0 $0 $0
Kumar Parakala Director 002.00
Director
$0 $0 $0
Awilda I Ramos MD FAAP Col Director 002.00
Director
$0 $0 $0
Abbas Selgi Director 002.00
Director
$0 $0 $0
Jiwon Choi Song Director 002.00
Director
$0 $0 $0
Fa Winsborough MA LPC NCC LMA Director 002.00
Director
$0 $0 $0
Kimberly S West CFRE Director 002.00
Director
$0 $0 $0
Kristina Zhao Director 002.00
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
2025 No data No data No data No data
2024 $1,469,341 $1,772,149 $1,751,954 $-302,808
2023 $1,679,451 $1,273,164 $1,765,431 $406,287
2022 $1,162,770 $1,170,803 $1,282,738 $-8,033
2021 $1,147,595 $848,288 $1,493,988 $299,307
2020 $1,135,284 $1,056,641 $1,021,274 $78,643
2020 $1,139,272 $1,056,641 $1,025,262 $82,631
2019 $832,291 $844,436 $776,078 $-12,145
2018 $900,744 $834,077 $872,247 $66,667
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