BERKELEY SOCIETY FOR THE PRESERVAT… - Form 990 Financial Data

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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year

1984

Legal Domicile

Principal Officer

CLAYTON SHELVIN

Phone

5108591113

Tax Period

2023-01-01 to 2023-12-31

BERKELEY SOCIETY FOR THE PRESERVATION OF TRADITIONAL MUSIC, founded in 1984, is a community nonprofit in the Arts, Culture & Humanities sector that reported $5.0M in total revenue in fiscal year 2023. Expenses of $5.6M exceeded revenue, resulting in a 12% operating deficit.

Mission

THE FREIGHT & SALVAGE IS A NONPROFIT COMMUNITY ARTS ORGANIZATION DEDICATED TO PROMOTING PUBLIC AWARENESS AND UNDERSTANDING OF TRADITIONAL MUSIC - MUSIC THAT IS ROOTED IN AND EXPRESSIVE OF THE GREAT VARIETY OF REGIONAL, ETHNIC, AND SOCIAL CULTURES OF PEOPLES THROUGHOUT THE WORLD.

Program Service Accomplishments

Program 1

Expenses: $3,527,126 Revenue: $3,274,521

IN 2023, THE ORGANIZATION PRESENTED OVER 270 PERFORMANCES OF TRADITIONAL MUSIC FROM AROUND THE WORLD IN SUPPORT OF OUR MISSION. ANNUAL ATTENDANCE AT OUR EVENTS REACHED 80,000 AUDIENCE MEMBERS. WE...

IN 2023, THE ORGANIZATION PRESENTED OVER 270 PERFORMANCES OF TRADITIONAL MUSIC FROM AROUND THE WORLD IN SUPPORT OF OUR MISSION. ANNUAL ATTENDANCE AT OUR EVENTS REACHED 80,000 AUDIENCE MEMBERS. WE ALSO LIVE-STREAMED 28 EVENTS WHICH EXPANDED OUR REACH BEYOND OUR VENUE WALLS. WE OFFER REDUCED PRICE/FREE ADMISSION TO THOSE WHO CANNOT AFFORD TO ATTEND OTHERWISE AND PRODUCED FREIGHTFEST, A DAY LONG FREE MUSIC CELEBRATION AS A GIFT TO OUR COMMUNITY. IN 2023 WE PRESENTED ARTISTS FROM CANADA, FRANCE, PERU, CUBA, KOREA, IRELAND, SCOTLAND, HAITI, MALI, TIBET, IRAN, COLOMBIA, MAURITANIA, SCOTLAND, ETHIOPIA, ZIMBABWE, AND INDIA.

Program 2

OUR EDUCATION PROGRAMS CONTINUE TO THRIVE, WITH OVER 300 INSTRUMENT INSTRUCTION AND VOCAL CLASSES, TARGETED WORKSHOPS & WEEKLY JAMS IN BOTHIN-PERSON AND VIRTUAL FORMATS WITH ALMOST 2,000 PARTICIPANTS ANNUALLY. OUR INNOVATIVE HIP-HOP IS FOLK MUSIC SCHOOL PROGRAM, WHICH CONNECTS TRADITIONAL MUSIC TO POPULAR MUSIC, REACHED EVERY MIDDLE SCHOOL MUSIC STUDENT IN THE BERKELEY UNIFIED SCHOOL DISTRICT IN 2023. WE ALSO PILOTED OUR INNOVATIVE 4TH GRADE ARTS INTEGRATION PROGRAM GOLDEN STATE OF SONG IN 2023, WHICH AIMS TO ENHANCE AND ENRICH SOCIAL STUDIES CURRICULUM WITH MUSIC.

Program 3

THE FREIGHT WELCOMES OUR DIVERSE BAY AREA COMMUNITY WITH AN INCLUSIVE, ACCESSIBLE GATHERING SPACE FOR PERFORMANCES, CULTURAL FESTIVALS, CONFERENCES, FUNDRAISERS, CEREMONIES, AND CELEBRATIONS. WE AIM TO CREATE ENDURING PARTNERSHIPS WITH LOCAL GROUPS SUCH AS YOUNG MUSICIANS CHORAL ORCHESTRA, NEW APOLLO YOUTH ORCHESTRA, DE ROMPE Y RAJA PERUVIAN CULTURAL ASSOCIATION, OAKLAND SCHOOL FOR THE ARTS, THE BERKELEY HIGH DRAMA DEPARTMENT, GOLDEN GATE BLUES SOCIETY, BERKELEY PUBLIC LIBRARY, UC BERKELEY MARIACHI CLUB, INTERFAITH MOVEMENT FOR HUMAN INTEGRITY, BAY AREA BOOK FESTIVAL, AND OSHER LIFELONG LEARNING INSTITUTE. OUR LOBBY GALLERY SPACE DISPLAYS WORKS FROM LOCAL VISUAL ARTISTS OF COLOR WITH A STRONG CONNECTION TO MUSIC.

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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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $1,558,241

Program Service Revenue $3,039,415

Investment Income $134,945

Other Revenue $235,106

TOTAL REVENUE $4,967,707

Expense Breakdown

Grants Paid $0

Salaries & Benefits $2,223,365

Fundraising Expenses $523,808

Program Expenses $3,527,126

Other Expenses $3,343,900

TOTAL EXPENSES $5,567,265

Year-over-Year Comparison

	2023	2022	Change
Revenue	$4,967,707	$5,176,422	0.0%
Expenses	$5,567,265	$4,591,141	+0.2%
Net Income	$-599,558	$585,281	-2.0%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

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Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

127

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

$417,320

Total Directors

$30,257

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BARBARA HIGBIE	CO-CHAIR	1.00	Officer Director	$16,910	$0	$16,910
RUSSELL POLLOCK	CO-CHAIR	1.00	Officer Director	$0	$0	$0
SHARON WASHINGTON	VICE-CHAIR	1.00	Officer Director	$0	$0	$0
ELIZABETH SEJA MIN	SECRETARY	1.00	Officer Director	$0	$0	$0
WILLIAM HAGGERTY	TREASURER	1.00	Officer Director	$0	$0	$0
ROBERTA BROOKS	BOARD MEMBER	1.00	Director	$0	$0	$0
SHELLY DOTY	BOARD MEMBER	1.00	Director	$0	$0	$0
BRYAN DYER	BOARD MEMBER	1.00	Director	$13,347	$0	$13,347
RENEE HAYES	BOARD MEMBER	1.00	Director	$0	$0	$0
SUSAN KRAUSS	BOARD MEMBER	1.00	Director	$0	$0	$0
ADAM DAVIS	BOARD MEMBER	1.00	Director	$0	$0	$0
SERGIO MAZARIEGOS	BOARD MEMBER	1.00	Director	$0	$0	$0
MARCI RUBIN	BOARD MEMBER	1.00	Director	$0	$0	$0
JONATHAN SIEGEL	BOARD MEMBER	1.00	Director	$0	$0	$0
ANNA WEIDMAN	BOARD MEMBER	1.00	Director	$0	$0	$0
ZAHAVAH LEVINE	BOARD MEMBER	1.00	Director	$0	$0	$0
WILLIAM MARTINEZ	BOARD MEMBER	1.00	Director	$0	$0	$0
CALVIN ENG THRU 51524	INTERIM MANAGING DIRECTOR	39.00	Officer	$131,540	$6,778	$138,318
PETER WILLIAMS	ARTISTIC DIRECTOR	39.00	Officer	$141,960	$600	$142,560
CLAYTON SHELVIN AS OF 9123	MANAGING DIRECTOR	39.00	Officer	$43,333	$200	$43,533
LINDSEY CRAWFORD AS OF 11123	DIRECTOR OF FINANCE & ADMINISTRATION	39.00	Officer	$75,399	$600	$75,999

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	No data	No data	No data	No data
2023	$4,967,707	$5,567,265	$17,713,571	$-599,558
2022	$5,176,422	$4,591,141	$18,237,375	$585,281
2021	$4,788,903	$2,788,519	$18,566,854	$2,000,384
2020	$2,623,995	$2,449,562	$15,862,249	$174,433
2019	$4,840,452	$4,550,356	$15,394,410	$290,096
2018	$5,020,456	$4,350,531	$15,154,920	$669,925

BERKELEY SOCIETY FOR THE PRESERVATION OF TRADITIONAL MUSIC