THE PRIMAVERA FUND

EIN: 853960380 501(c)(3) Arts, Culture & Humanities

PHILADELPHIA, PA

Total Revenue
$515,155
Total Expenses
$526,470
Total Assets
$58,952
Net Assets
$47,922
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Financial Trends

Organization Details

Formation Year
2020
Legal Domicile
PA
Principal Officer
RACHEL SEGAL
Phone
2679081710
Tax Period
2024-09-01 to 2025-08-31

THE PRIMAVERA FUND, founded in 2020, is a small nonprofit in the Arts, Culture & Humanities sector that reported $515K in total revenue in fiscal year 2024. Revenue grew 14% year-over-year, indicating healthy expansion.

Mission

THE PRIMAVERA FUND (THE "FUND") PROVIDES FUNDING AND MENTORING TO YOUNG MUSICIANS IN ELEMENTARY THROUGH HIGH SCHOOL, IN THE GREATER PHILADELPHIA AREA WHO LACK THE FINANCIAL WHEREWITHAL TO ENGAGE IN HIGH QUALITY MUSIC EDUCATION. THE FUND SUPPORTS ALL ASPECTS OF MUSIC EDUCATION, INCLUDING PRIVATE LESSON, YOUTH ORCHESTRA, CHAMBER MUSIC, MUSIC THEORY, AND SUMMER MUSIC CAMPS.

Program Service Accomplishments

Program 1
Expenses: $477,391

EACH PRIMAVERA ARTIST IS EXPECTED TO PARTICIPATE IN SEVERAL ASPECTS OF EARLY MUSICAL EDUCATION. ALL STUDENTS TAKE WEEKLY PRIVATE LESSONS FROM A QUALIFIED INSTRUCTOR, SOMETIMES THAT IS AN INDEPENDENT...

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EACH PRIMAVERA ARTIST IS EXPECTED TO PARTICIPATE IN SEVERAL ASPECTS OF EARLY MUSICAL EDUCATION. ALL STUDENTS TAKE WEEKLY PRIVATE LESSONS FROM A QUALIFIED INSTRUCTOR, SOMETIMES THAT IS AN INDEPENDENT TEACHER (CONTRACTOR) AND SOMETIMES THAT WILL BE WITH A TEACHER AT A MUSIC SCHOOL TO WHICH WE PAY TUITION. STUDENTS ALSO PARTICIPATE IN LARGE AND SMALL MUSIC ENSEMBLE ACTIVITIES AND THERE ARE MANY LOCAL YOUTH ORCHESTRA, CHAMBER MUSIC AND CHAMBER ORCHESTRA OPPORTUNITIES WHICH WE SUBSIDIZE FOR OUR STUDENTS. TO SUPPLEMENT THEIR MUSICAL EDUCATION SOME STUDENTS ALSO ADVANCE IN COMPOSITION AND THEORY, SOMETIMES WITH A PRIVATE INSTRUCTOR AND SOMETIMES AT A SCHOOL. STUDENTS ALSO PARTICIPATE IN MUSIC EDUCATION PROGRAMS DURING THE SUMMER MONTHS, USUALLY A CAMP OR FESTIVAL. COSTS FOR THESE ARE USUALLY TUITION AND FEES, AS WELL AS TRAVEL RELATED EXPENSES. IN ADDITION TO UNDERWRITING THE ABOVE STUDENT EXPERIENCES, THE PRIMAVERA FUND ALSO OFFERS GROUP AND INDIVIDUAL SUPPORT IN THE AREAS OF INSTRUMENTAL ADVANCEMENT, CAREER READINESS, AS WELL AS COLLEGE PREPAREDNESS AND SELECTION PROCESSES. STUDENTS ALSO TAKE ADVANTAGE OF SEMINARS AND CLINICS BY INVITED PRACTITIONERS, SOME OF WHICH ARE GEARED TOWARD ALUMNI, WHO NO LONGER RECEIVE FINANCIAL SUPPORT FROM THE PRIMAVERA FUND, BUT WHO CAN STILL USE OUR STAFF AS A CONSULTING RESOURCE. ON AN INDIVIDUAL LEVEL, STUDENTS PLAY JURIES THREE TIMES PER SEASON, AND THEIR PROGRESS IS ALSO TRACKED THROUGH REPORTS FROM THEIR PRIVATE TEACHERS. THEY CONSULT WITH THE PRIMAVERA DIRECTORS ON THEIR PROGRESS, DIRECTION AND AMBITIONS, AND DURING THEIR JUNIOR AND SENIOR YEARS RECEIVE GUIDANCE ON THE COLLEGE APPLICATIONS AND AUDITION PROCESS. WE ALSO COVER FEES AND TRAVEL EXPENSES FOR THE COLLEGE VISIT PROCESS. STUDENTS ALSO WORK WITH THE PRIMAVERA FUND STAFF TO SEEK OUT COMPETITIONS OR CONFERENCES THAT MAY FURTHER THEIR MUSICAL EDUCATION. SUPPLIES, SHEET MUSIC AND EQUIPMENT ARE APPROVED AND PURCHASED BY THE PRIMAVERA FUND STAFF.

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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 (2024)

Revenue Breakdown

Contributions & Grants $515,110
Program Service Revenue $0
Investment Income $45
Other Revenue $0
TOTAL REVENUE $515,155

Expense Breakdown

Grants Paid $0
Salaries & Benefits $223,587
Fundraising Expenses $24,007
Program Expenses $477,391
Other Expenses $302,883
TOTAL EXPENSES $526,470

Year-over-Year Comparison

2024 2023 Change
Revenue $515,155 $453,711 +0.1%
Expenses $526,470 $453,447 +0.2%
Net Income $-11,315 $264 -43.9%
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
7
Independent Members
7
Employees
4
Volunteers
9

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
$69,666
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DOROTHY MANN BOARD CHAIR 2.00
Officer Director
$0 $0 $0
LYNDSIE WILSON SECRETARY 2.00
Officer Director
$0 $0 $0
CHRIS ARCHER TREASURER 2.00
Officer Director
$0 $0 $0
CATHERINE BEESON BOARD MEMBER 2.00
Director
$0 $0 $0
SOPHIA WISNIEWSKA BOARD MEMBER 2.00
Director
$0 $0 $0
RICHARD UMBRECHT BOARD MEMBER 2.00
Director
$0 $0 $0
JANIS CAMPBELL BOARD MEMBER 2.00
Director
$0 $0 $0
RACHEL SEGAL PRESIDENT AN 40.00
Officer
$62,870 $6,796 $69,666
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 $515,155 $526,470 $58,952 $-11,315
2024 $453,711 $453,447 $69,635 $264
2023 $497,373 $448,314 $65,671 $49,059
2022 $429,916 $420,002 $18,017 $9,914
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