NOE VALLEY CHAMBER MUSIC

EIN: 943239153 501(c)(3) Arts, Culture & Humanities

San Francisco, CA

Total Revenue
$495,560
Total Expenses
$403,645
Total Assets
$390,489
Net Assets
$323,938
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1996
Legal Domicile
CA
Principal Officer
Owen Dalby
Phone
4156485236
Tax Period
2024-07-01 to 2025-06-30

NOE VALLEY CHAMBER MUSIC, founded in 1996, is a small nonprofit in the Arts, Culture & Humanities sector that reported $496K in total revenue in fiscal year 2024. Revenue surged 83% from the prior year, signaling strong growth momentum. The organization ran a surplus of $92K, a strong 19% operating margin.

Mission

Noe Valley Chamber Music (d.b.a. Noe Music) is a non-profit organization founded in 1992. Based in an intimate neighborhood setting in the heart of San Francisco, Noe Music combines world-class live performances with interactive education to build musical knowledge, foster community, and nurture an abiding love for a range of collaborative acoustic musical styles. We serve Bay Area families holistically through Mainstage concerts, kids' concerts, and the Lullaby Project.

Program Service Accomplishments

Program 1
Expenses: $252,152 Revenue: $75,041

Noe Music Mainstage: Within a social sphere, this live music series combines world-class live performances with behind-the-scenes artist access and interactive education to build musical knowledge...

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Noe Music Mainstage: Within a social sphere, this live music series combines world-class live performances with behind-the-scenes artist access and interactive education to build musical knowledge, shared community, an intimate connection and deep understanding of chamber music. In FY25 a $25,000 grant was received for this program's artist fees; and total audience of 1,276 was reached over 8 concerts.

Program 2
Expenses: $71,364 Revenue: $14,716

Noe Music Kids: During FY25, Noe Music presented concerts and online workshops featuring world-class artists to a total of 1349 with an emphasis on reaching the neurodivergent/autism spectrum...

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Noe Music Kids: During FY25, Noe Music presented concerts and online workshops featuring world-class artists to a total of 1349 with an emphasis on reaching the neurodivergent/autism spectrum community. No specific 2024-2025 grants were received for this program.

Program 3
Expenses: $57,091 Revenue: $14,582

Noe Music Lullaby Project pairs pregnant women experiencing challenging life circumstances with professional artists to compose and record personal lullabies for their babies, supporting maternal...

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Noe Music Lullaby Project pairs pregnant women experiencing challenging life circumstances with professional artists to compose and record personal lullabies for their babies, supporting maternal health, aiding childhood development, and strengthening the bond between parent and child. In total, this program served twenty-two mothers and their families in FY25, generating twenty-two new lullabies.

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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 $353,381
Program Service Revenue $138,864
Investment Income $3,315
Other Revenue $0
TOTAL REVENUE $495,560

Expense Breakdown

Grants Paid $0
Salaries & Benefits $161,230
Fundraising Expenses $2,100
Program Expenses $380,607
Other Expenses $242,415
TOTAL EXPENSES $403,645

Year-over-Year Comparison

2024 2023 Change
Revenue $495,560 $271,332 +0.8%
Expenses $403,645 $266,189 +0.5%
Net Income $91,915 $5,143 +16.9%
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
13
Independent Members
13
Employees
3
Volunteers
N/A

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
$0
Total Directors
13
$148,214
Key Employees
2
$148,214
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Owen Dalby Co-Artistic Director and Co-Executive Director, Board Member 30
Director Key Emp
$74,107 $0 $74,107
Meena Bhasin Co-Artistic Director and Co-Executive Director, Board Member 30
Director Key Emp
$74,107 $0 $74,107
Charlotte Burchard Board President 3
Officer Director
$0 $0 $0
Ray Walton Vice President 1
Officer Director
$0 $0 $0
Emi Uyehara Board Secretary 1
Officer Director
$0 $0 $0
Neil Sekhri Treasurer 1
Officer Director
$0 $0 $0
Ilya Levtov Board Member 1
Director
$0 $0 $0
Carol Harris Board Member 1
Director
$0 $0 $0
Gayle Tsern Strang Board Member 1
Director
$0 $0 $0
Jackie Holen Board Member 1
Director
$0 $0 $0
Todd Hosfelt Board Member 1
Director
$0 $0 $0
Andrea Higgins Board Member 1
Director
$0 $0 $0
Steve Suda Board Member 1
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 $495,560 $403,645 $390,489 $91,915
2024 $271,332 $266,189 $274,495 $5,143
2023 $289,485 $231,011 $225,752 $58,474
2022 $201,687 $194,400 $166,964 $7,287
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