PHOENIX CONSERVATORY OF MUSIC

EIN: 860917748 501(c)(3) Arts, Culture & Humanities

PHOENIX, AZ

Total Revenue
$1,071,712
Total Expenses
$1,167,795
Total Assets
$657,959
Net Assets
$513,906
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Financial Trends

Organization Details

Formation Year
1998
Legal Domicile
AZ
Principal Officer
REGINA NIXON
Phone
6023539900
Tax Period
2022-07-01 to 2023-06-30

PHOENIX CONSERVATORY OF MUSIC, founded in 1998, is a community nonprofit in the Arts, Culture & Humanities sector that reported $1.1M in total revenue in fiscal year 2022.

Mission

THE ORGANIZATION IS COMMITTED TO UNLEASHING THE POWER OF MUSIC BY PROVIDING HIGH QUALITY MUSIC EDUCATION AND EXPERIENCES THAT ARE AFFORDABLE AND ACCESSIBLE. ITS VISION IS TO BE THE LEADING MUSIC PROVIDER FOR THE SCHOOL AGE COMMUNITY OF GREATER PHOENIX.

Program Service Accomplishments

Program 1
Expenses: $164,019 Revenue: $31,591

PCM'S COLLEGE PREP PROGRAM IS A NATIONALLY AWARD WINNING AFTER SCHOOL PROGRAM FOR CONTEMPORARY MUSIC EDUCATION. MEMBERS WITH BERKLEE COLLEGE OF MUSIC'S CITY MUSIC NETWORK. THIS ROBUST AFTER SCHOOL...

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PCM'S COLLEGE PREP PROGRAM IS A NATIONALLY AWARD WINNING AFTER SCHOOL PROGRAM FOR CONTEMPORARY MUSIC EDUCATION. MEMBERS WITH BERKLEE COLLEGE OF MUSIC'S CITY MUSIC NETWORK. THIS ROBUST AFTER SCHOOL PROGRAM FOR STUDENTS IN 4TH GRADE THROUGH 12TH, GIVES STUDENTS OPPORTUNITIES TO LEARN IN A SETTING THAT MIMICS COLLEGE STUDY WITH PRIVATE LESSONS, CONTEMPORARY MUSIC ENSEMBLES, MUSIC THEORY, RELEVANT ENRICHMENT PROGRAMS AND MANY PERFORMANCE OPPORTUNITIES. PROGRAM PARTNERS INCLUDE: BERKLEE COLLEGE OF MUSIC CITY MUSIC NETWORK, PARADISE VALLEY COMMUNITY COLLEGE, THE NASH/JAZZ IN AZ, GRAND CANYON UNIVERSITY, FERVOR RECORDS, INSIGHT MANAGEMENT, ARIZONA STATE UNIVERSITY AND MUSICIAN'S INSTITUTE. COLLEGE PREP SERVED 85 STUDENTS THROUGH 12 ENSEMBLES, 8 THEORY CLASSES, 10 ENRICHMENT CLASSES, 10 PERFORMANCES AND 900+ HOURS OF DIRECT INSTRUCTION. TO DATE: WE HAVE AWARDED 43 SUMMER INTENSIVE SCHOLARSHIPS, HAVE A 99% GRADUATION RATE, 80%+ GO TO COLLEGE, AND STUDENTS HAVE CUMULATIVELY EARNED OVER $3.5M IN SCHOLARSHIP DOLLARS.

Program 2
Expenses: $692,569 Revenue: $273,978

PRIVATE MUSIC LESSONS ARE A WAY FOR US TO DEEPEN THE LEARNING WITH LONG TERM, INTENSE SKILL BUILDING AND CRAFT DEVELOPMENT. WITH A SLIDING TUITION SCALE, WE PROVIDE MARKET RATE LESSONS, LESSONS ON...

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PRIVATE MUSIC LESSONS ARE A WAY FOR US TO DEEPEN THE LEARNING WITH LONG TERM, INTENSE SKILL BUILDING AND CRAFT DEVELOPMENT. WITH A SLIDING TUITION SCALE, WE PROVIDE MARKET RATE LESSONS, LESSONS ON FINANCIAL AID AT A REDUCED RATE FOR FAMILIES IN NEED, AND PRIVATE MUSIC LESSONS ON FULL SCHOLARSHIP. PRIVATE LESSONS SERVED 343 STUDENTS WITH A TOTAL OF 7,645 HOURS OF DIRECT INSTRUCTION OVER THE YEAR. 50% OF THESE HOURS WERE PROVIDED UNDER OUR LOW/NO COST SCHOLARSHIPS FOR FAMILIES IN NEED.

Program 3
Expenses: $95,000 Revenue: $59,223

AFTER SCHOOL PROGRAMS: AFTER SCHOOL PROGRAMS HAPPEN OFF SITE (E.G., SCHOOLS, LIBRARIES, BOYS AND GIRLS CLUBS). THEY ARE LARGELY WITH TITLE 1 SCHOOLS IN LOWER SOCIO-ECONOMIC AREAS. PROGRAMS ARE 1-3...

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

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Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $705,915
Program Service Revenue $364,792
Investment Income $0
Other Revenue $1,005
TOTAL REVENUE $1,071,712

Expense Breakdown

Grants Paid $0
Salaries & Benefits $825,739
Fundraising Expenses $82,341
Program Expenses $1,022,743
Other Expenses $342,056
TOTAL EXPENSES $1,167,795

Year-over-Year Comparison

2022 2021 Change
Revenue $1,071,712 $993,698 +0.1%
Expenses $1,167,795 $771,841 +0.5%
Net Income $-96,083 $221,857 -1.4%
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
13
Independent Members
13
Employees
72
Volunteers
40

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
$58,527
Total Directors
18
$60,102
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MITCH TURBENSON DIRECTOR 3.00
Director
$0 $0 $0
JONATHAN B FITZGERALD DIRECTOR 3.00
Director
$0 $0 $0
NEAL BOOKSPAN BOARD CHAIR 3.00
Officer Director
$0 $0 $0
RYAN KOHLMAN DIRECTOR (THRU 3/23) 3.00
Director
$1,575 $0 $1,575
KEN REINSTEIN DIRECTOR (THRU 5/23) 3.00
Director
$0 $0 $0
KAREN BRYSON DIRECTOR 3.00
Director
$0 $0 $0
DAVID CLOWER VICE CHAIR 3.00
Officer Director
$0 $0 $0
KARINA FELIX TREASURER/SECRETARY 3.00
Officer Director
$0 $0 $0
RUSTY FOLEY DIRECTOR 3.00
Director
$0 $0 $0
ZAIRA GRIJALVA DIRECTOR (THRU 1/23) 3.00
Director
$0 $0 $0
JAMES DORE HENDERSON DIRECTOR 3.00
Director
$0 $0 $0
A'LIRA UNDERWOOD DIRECTOR 3.00
Director
$0 $0 $0
JON GENGLE DIRECTOR 3.00
Director
$0 $0 $0
MONICA BALLESTEROS DIRECTOR 3.00
Director
$0 $0 $0
IRA HARDEN DIRECTOR (THRU 10/22) 3.00
Director
$0 $0 $0
ISABELLA RODRIGUEZ DIRECTOR 3.00
Director
$0 $0 $0
ANDRES BECERRA DIRECTOR 3.00
Director
$0 $0 $0
TERESA REGINA NIXON EXECUTIVE DIRECTOR 40.00
Officer Director
$58,527 $0 $58,527
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 No data No data No data No data
2023 $1,071,712 $1,167,795 $657,959 $-96,083
2022 $993,698 $771,841 $632,242 $221,857
2021 $846,341 $577,333 $402,976 $269,008
2020 $649,219 $592,785 $138,759 $56,434
2019 $558,410 $557,318 $82,572 $1,092
2018 $498,907 $516,214 $79,421 $-17,307
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