2024-02-26T15:06:02-06:00 2023-10-31 910189318 MOSS ADAMS LLP 6565 AMERICAS PARKWAY NE STE 600 ALBUQUERQUE NM 87110 990 2022-11-01 850224461 SANTA FE CHAMBER MUSIC FESTIVAL LTD SANT 5059832075 PO BOX 2227 SANTA FE NM 875042227 DAVID KITTO EXECUTIVE DIRECTOR 5059832075 2024-02-24 1 DAVID KITTO 999009999 1 STEVEN TALBOT P01695427 5058787200 2024-02-24 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z DAVID KITTO PO BOX 2227 SANTA FE NM 875042227 3463750 0 X WWW.SFCMF.ORG X 1972 NM THE ADVANCEMENT OF THE ART OF MUSIC. 34 34 20 85 0 0 2068933 2557964 623811 726350 3015 9591 -4355 -71098 2691404 3222807 0 0 0 0 1135336 1421588 0 0 460584 1546046 2133037 2681382 3554625 10022 -331818 1291052 1210350 354428 564947 936624 645403 THE ADVANCEMENT OF THE ART OF MUSIC. 0 0 2427708 726350 SUMMER MUSIC FESTIVAL: THE SANTA FE CHAMBER MUSIC FESTIVAL BRINGS TOGETHER THE WORLD'S FINEST MUSICIANS TO PERFORM CHAMBER MUSIC IN ALL ITS FORMS; BUILDS A BROAD AND KNOWLEDGEABLE AUDIENCE OF ALL AGES; AND ENHANCES THE CULTURAL ENVIRONMENT OF SANTA FE AND NEW MEXICO. THE SUMMER FESTIVAL IS HELD FOR SIX WEEKS EACH SUMMER. THE 2023 SEASON PROVIDED 39 CONCERT PRODUCTIONS IN SANTA FE. WORLD-CLASS PROFESSIONAL MUSICIANS FROM AROUND THE GLOBE PLAYED FOR AUDIENCES VISITNG SANTA FE FROM AROUND THE COUNTRY. 300156 EDUCATION & OUTREACH: THE FESTIVAL PROVIDES ENRICHMENT PROGRAMS FOR CHILDREN, YOUTH AND ADULTS IN SANTA FE AND NORTHERN NEW MEXICO. THROUGH THE "MUSIC IN OUR SCHOOLS," "STRINGS IN OUR SCHOOLS," "GUITARS IN OUR SCHOOLS AND "DREAM BIG" PROGRAMS, THE EDUCATION COMPONENT OF THE FESTIVAL'S PROGRAMMING INTRODUCES YOUNG AUDIENCES TO WORLD CLASS CHAMBER MUSIC AND ENABLES STUDENTS TO STUDY VIOLIN AND GUITAR WITH PROFESSIONAL INSTRUCTORS. 2727864 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 0 1 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 1 0 0 1 101 0 1 20 1 0 0 0 0 0 1 1 0 0 0 1 0 0 0 X 34 34 1 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 0 0 NM X X NANCY STEEDMAN 5059832075 208 GRIFFIN STREET SANTA FE NM 87501 RALPH CRAVISO PRESIDENT 1.00 X X 0 0 0 JOHN BERGHOFF VICE PRESIDENT 1.00 X X 0 0 0 ROBERT CLARKE TREASURER 1.00 1.00 X X 0 0 0 ELIZABETH MCGOWN SECRETARY 1.00 X X 0 0 0 BEN ALLISON TRUSTEE 1.00 X 0 0 0 ANNA-MARIE BACA TRUSTEE 1.00 X 0 0 0 BRETT BACHMAN TRUSTEE 1.00 1.00 X 0 0 0 BARBARA BALSER TRUSTEE 1.00 X 0 0 0 BETH BELOFF TRUSTEE 1.00 X 0 0 0 NEIL BERMAN TRUSTEE 1.00 1.00 X 0 0 0 CAROLE BROWN TRUSTEE 1.00 X 0 0 0 ELISBETH CHALLENER TRUSTEE 1.00 X 0 0 0 MICHAEL EVERETT TRUSTEE 1.00 1.00 X 0 0 0 DAVID FRANK TRUSTEE 1.00 X 0 0 0 PETER FRANK TRUSTEE 1.00 1.00 X 0 0 0 JEREMY GUIBERTEAU TRUSTEE 1.00 X 0 0 0 DIANE GROB TRUSTEE 1.00 X 0 0 0 BESSIE SIMPSON HANAHAN TRUSTEE 1.00 X 0 0 0 JOHN HART TRUSTEE 1.00 X 0 0 0 MICHAEL HINDUS TRUSTEE 1.00 1.00 X 0 0 0 ROBERT HULL TRUSTEE 1.00 X 0 0 0 HERVEY JURIS TRUSTEE 1.00 X 0 0 0 PAUL KING TRUSTEE 1.00 1.00 X 0 0 0 RONALD LUSHING TRUSTEE 1.00 X 0 0 0 ELLEN MARDER TRUSTEE 1.00 X 0 0 0 KENNETH MARVEL TRUSTEE 1.00 1.00 X 0 0 0 DAVID MUCK TRUSTEE 1.00 X 0 0 0 JAY OPPENHEIMER TRUSTEE 1.00 X 0 0 0 BARRY RAMO TRUSTEE 1.00 X 0 0 0 CRENNAN RAY TRUSTEE 1.00 X 0 0 0 LOUISA STUDE SAROFIM TRUSTEE 1.00 X 0 0 0 HERMAN SIEGELAAR TRUSTEE 1.00 1.00 X 0 0 0 NAT SLOANE TRUSTEE 1.00 1.00 X 0 0 0 JAN CHAVEZ WILCYNSKI TRUSTEE 1.00 X 0 0 0 STEVE OVITSKY CEO (THROUGH 8/31/2023) 40.00 1.00 X 205499 0 6280 DAVID KITTO CEO (STARTING 10/30/2023) 40.00 1.00 X 0 0 0 MARC NEIKRUG ARTISTIC DIRECTOR 40.00 X 199010 0 6280 NANCY STEEDMAN CONTROLLER/CFO 20.00 4.00 X 61710 0 18561 ELIZABETH DERRINGER DEVELOPMENT DIRECTOR 40.00 X 120013 0 3794 586232 0 34915 3 0 1 0 0 397950 573630 41458 1544926 55706 2557964 TICKET SALES-CONCERTS 711300 726350 726350 726350 9521 9521 47516 47446 70 70 70 115509 397950 193497 -77988 -77988 6890 6890 6890 3222807 726350 0 -61507 X 706274 517793 186387 2094 557110 368661 188449 16111 11360 4751 62995 57366 5629 79098 61086 9006 9006 1812 1812 17898 17898 1388300 1388300 199318 179386 19932 43242 43242 9342 7007 934 1401 97875 73407 9787 14681 4267 4267 19462 14597 1946 2919 13419 10064 1342 2013 DEVELOPMENT EXPENSES 189688 189688 EXECUTIVE RECRUITMENT 86939 86939 CREDIT CARD FEES 43100 27196 15904 18375 11641 2617 4117 3554625 2727864 366177 460584 104325 388323 104452 107923 130500 196974 1466 59894 48128 421050 245858 189704 175192 700711 293810 1291052 1210350 118371 168100 84909 189982 149719 146294 1429 60571 354428 564947 X 425288 218567 511336 426836 936624 645403 1291052 1210350 -331818 40597 0 X 0 1 X 1 0 X 1720652 1797122 2056409 2068933 2557964 10201080 809345 488380 623811 726350 2647886 170400 35610 69450 115509 390969 2700397 1797122 2580399 2762194 3399823 13239935 1022783 773899 685256 1400625 1788496 5671059 0 1022783 773899 685256 1400625 1788496 5671059 7568876 4374 2866 204250 3561 9521 224572 4374 2866 204250 3561 9521 224572 200 6890 7090 2704771 1799988 2784649 2765955 3416234 13471597 0.56180 0.59910 0.01670 0.01700 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: MISCELLANOUS INCOME - 2021 AMOUNT: $ 200. 2022 AMOUNT: $ 6,890. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 148549 140924 7625 272501 104934 167567 175192 DUE FROM SANTA FE MUSIC CHAMBER MUSIC FESTIVAL ENDOWMENT FOUNDATION 234511 RIGHT-OF-USE-ASSETS 59299 293810 OTHER LIABILITIES 1272 LEASE LIABILITIES 59299 60571 X PART X, LINE 2: THE FESTIVAL AND THE FOUNDATION ARE NONPROFIT CHARITABLE ORGANIZATIONS AND HAVE BEEN RECOGNIZED AS TAX EXEMPT UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE FESTIVAL AND THE FOUNDATION HAVE ADOPTED ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA, AS THEY RELATE TO UNCERTAIN TAX POSITIONS, AND HAS EVALUATED THEIR TAX POSITIONS TAKEN FOR OPEN TAX YEARS. MANAGEMENT BELIEVES THAT THE ACTIVITIES OF THE FESTIVAL AND THE FOUNDATION ARE WITHIN THEIR TAX-EXEMPT PURPOSES, AND THAT THERE ARE NO UNCERTAIN TAX POSITIONS. 2023 GALA 513459 397950 115509 25000 57500 23869 87128 513459 397950 115509 25000 57500 23869 87128 193497 -77988 X X 0 0 0 0 0 0 0 1 0 STEVE OVITSKY CEO (THROUGH 8/31/2023) 205499 0 0 0 0 0 5848 0 432 0 211779 0 0 0 MARC NEIKRUG ARTISTIC DIRECTOR 199010 0 0 0 0 0 5848 0 432 0 205290 0 0 0 PART I, LINE 7 THE ORGANIZATION PROVIDED BONUSES TO STAFF, (EXCLUDING THE ARTISTIC DIRECTOR AND CEO) IN OCTOBER 2023. THE BONUS POOL AND AMOUNTS WERE DETERMINED BY THE CEO AND BOARD CHAIR AND BASED ON ORGANIZATIONAL PERFORMANCE. X 1 4000 FMV X 333 47456 FMV X DINNERS FOR GALA AUCTION 2 4250 FMV 1 0 0 0 FORM 990, PART VI, SECTION A, LINE 2 ELISBETH CHALLENER, TRUSTEE, AND BRETT BACHMAN, TRUSTEE, FAMILY RELATIONSHIP. FORM 990, PART VI, SECTION B, LINE 11B BECAUSE OF THE IMPORTANCE OF CONFIDENTIALITY EXPRESSED BY MANY OF OUR DONORS, FIRST THE AUDIT COMMITTEE AND THEN THE FULL BOARD REVIEW THE FORM 990 WITH THE NAMES OF DONORS AND DONATION AMOUNTS REDACTED, BUT WITH THE ASSURANCE THAT THE INFORMATION IS AVAILABLE TO ANY MEMBERS OF EITHER BODY FROM THE EXECUTIVE DIRECTOR OF THE FESTIVAL. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION HAS A CONFLICT OF INTEREST POLICY STATED IN BOTH THE BY-LAWS AND EMPLOYEE HANDBOOK. EACH YEAR, ALL STAFF AND MEMBERS OF THE BOARD OF TRUSTEES AND ADVISORY COUNCIL ARE GIVEN A CONFLICT OF INTEREST FORM TO FILL OUT AND RETURN. IF THERE IS A POTENTIAL CONFLICT, THE PERSON WITH THE CONFLICT DOES NOT PARTICIPATE IN THE DELIBERATIONS OR VOTE ON THE ISSUE. FORM 990, PART VI, SECTION B, LINE 15A WHENEVER THERE IS A CHANGE IN THE TERMS OR RENEWAL OF THE ARTISTIC OR EXECUTIVE DIRECTORS' CONTRACTS, THE PRESIDENT OF THE BOARD APPOINTS A COMPENSATION COMMITTEE OF BOARD MEMBERS TO NEGOTIATE THE NEW AGREEMENT. THE COMMITTEE USES COMPENSATION DATA FROM OTHER PERFORMING ARTS ORGANIZATIONS AND LOCAL NONPROFITS DURING THE REVIEW PROCESS. THE MOST RECENT COMPENSATION REVIEW TOOK PLACE IN 2022. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART IX, LINE 11G ARTISTIC DEPARTMENT: PROGRAM SERVICE EXPENSES 810,894. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 810,894. EDUCATION AND OUTREACH: PROGRAM SERVICE EXPENSES 140,156. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 140,156. 50TH SEASON PROGRAMMING: PROGRAM SERVICE EXPENSES 437,250. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 437,250. SANTA FE CHAMBER MUSIC FESTIVAL ENDOWMENT FOUNDATION 208 GRIFFIN STREET SANTA FE NM 87501 850395451 SUPPORT OF EXEMPT ORGANIZATION NM 501(C)(3) LINE 12A, I SANTA FE CHAMBER MUSIC FESTIVAL LTD 1 0 0 1 0 0 0 0 0 0 0 0 0 0 1 1 0 1 0 0 SANTA FE CHAMBER MUSIC ENDOWMENT FOUNDATION C 573630 FMV SANTA FE CHAMBER MUSIC ENDOWMENT FOUNDATION Q 71104 FMV