2024-09-27T12:17:38-05:00 2023-12-31 381357951 PLANTE & MORAN PLLC 8181 E TUFTS AVE SUITE 600 DENVER CO 80237 990 2023-01-01 840781725 SWALLOW HILL MUSIC ASSOCIATION SWAL 3037771003 71 EAST YALE AVE DENVER CO 80210 WALT DEHAVEN CEO 3037771003 2024-09-19 1 1 RYAN C HARRIS P00614618 3037409400 2024-09-19 2023 2024-10-15 13:58:12Z JESSY CLARK 71 EAST YALE AVE DENVER CO 80210 6438656 0 X WWW.SWALLOWHILLMUSIC.ORG X 1979 CO TO BUILD COMMUNITY THROUGH MUSIC PERFORMANCE, EDUCATION, AND OUTREACH. 8 8 110 118 0 0 1519086 1495704 2339321 3223536 20074 138081 79052 73452 3957533 4930773 14754 75291 0 0 2171155 2814297 0 0 518055 2139163 2705264 4325072 5594852 -367539 -664079 5658881 5226721 390371 399246 5268510 4827475 X SWALLOW HILL, FOUNDED IN 1979 AS A NON-PROFIT MUSIC ORGANIZATION, BRINGS LIFE TO CONCERTS, CLASSES AND COMMUNITY ACROSS METRO DENVER. CONTINUED ON SCHEDULE OSWALLOW HILL IS HOME TO THE COUNTRY'S SECOND LARGEST ACOUSTIC MUSIC SCHOOL WITH 53 FACULTY MEMBERS HOSTING 29,000 VISITS ANNUALLY; PRODUCES 137 CONCERTS BRINGING TOGETHER 45,000 CONCERT GOERS EACH YEAR AND THROUGH COMMUNITY OUTREACH PROGRAMS WHICH CREATES MORE THAN 77,000 MUSIC CONNECTIONS IN UNDER-SERVED COMMUNITIES WORKING IN MORE THAN 25 SCHOOLS AND COMMUNITY ORGANIZATIONS. SWALLOW HILL BRINGS TOGETHER PEOPLE OF ALL AGES TO LEARN ABOUT, LISTEN TO AND PERFORM MUSIC. 0 0 2603714 51051 2329569 IN 2023, SWALLOW HILL MUSIC PRODUCED 137 CONCERTS BETWEEN THE THREE VENUES AT OUR YALE LOCATION AND OFFSITE LOCATIONS THROUGHOUT DENVER INCLUDING FOUR MILE HISTORIC PARK, THE SUMMER CONCERT SERIES AND EVENINGS AL FRESCO AT DENVER BOTANIC GARDENS. WE ALSO PARTNERED WITH ORGANIZATIONS SUCH AS THE CLYFFORD STILL MUSEUM, CLAYTON EARLY LEARNING AND BUTTERFLY PAVILION TO BOOK AND PROMOTE MUSICAL ACTS FOR THEIR EVENTS. IN TOTAL, THROUGH CONCERT PROGRAMMING, SWALLOW HILL MADE OVER 45,000 MUSICAL CONNECTIONS. OUR CONCERTS HIGHLIGHTED INTERNATIONAL, NATIONAL, AND LOCAL MUSICIANS. WE CONTINUE TO INCREASE OUR COMMITMENT TO NURTURE HOMEGROWN TALENT BY SHOWCASING LOCAL MUSIC IN THE DENVER METRO AREA, AND GROWING BIPOC, FEMME, LGBTQ+ AND DISABLED ARTISTS' AUDIENCES. 1029339 24240 89364 AS THE COUNTRY'S SECOND LARGEST ACOUSTIC MUSIC SCHOOL, WE CONTINUED TO SEE EXCELLENT GROWTH IN OUR SCHOOL IN 2023. OUR PORTFOLIO INCLUDES GROUP CLASSES, PRIVATE LESSONS AND WORKSHOPS, BOTH ONLINE AND IN PERSON, TAUGHT BY 53 INSTRUCTORS WHO ARE ALSO PROFESSIONAL MUSICIANS. WE CONTINUE TO RESHAPE OUR PROGRAMMING OFFERINGS TO REFLECT THE DIVERSE ROOTS OF FOLK MUSIC AND THE CHANGING POPULATION OF THE DENVER METRO AREA. BY THE END OF THE YEAR, WE HAD GROWN TO OFFER 640 PROGRAMS TO OVER 2100 UNIQUE STUDENTS TO ESTABLISH MORE THAN 29,000 MUSICAL CONNECTIONS. 503291 877682 TO MAKE MUSIC ACCESSIBLE, WE OFFER MUSIC EDUCATION AND PROGRAMS IN UNDER-RESOURCED COMMUNITIES IN THE METRO AREA. OUR PROGRAMMING INCLUDES LITTLE SWALLOWS, EARLY CHILDHOOD EDUCATION, INFUSED WITH MUSIC FOR PRESCHOOLERS, WHERE SWALLOW HILL PARTNERS WITH SCHOOLS AND ORGANIZATIONS WITH A MAJORITY OF STUDENTS THAT QUALIFY FOR FREE AND REDUCED-PRICED LUNCH AND/OR HEADSTART SUPPORT, AND HAVE HIGH DIVERSITY AMONG STUDENTS. WE STARTED 2023 IN 96 CLASSROOMS ACROSS 22 SCHOOLS AND BY YEAR-END, WE HAD PARTNERED WITH 121 CLASSROOMS IN 25 SCHOOLS FOR OVER 77,000 MUSICAL CONNECTIONS BUT OUR ABILITY TO GROW THE PROGRAM HAS BEEN LIMITED BY AVAILABLE FUNDING. WE ALSO OFFER WORKSHOPS AND INTERACTIVE PERFORMANCES IN K-12 SCHOOLS, MUSIC THERAPY FOR VETERANS, AND PEOPLE LIVING WITH DEVELOPMENTAL OR MENTAL HEALTH CHALLENGES. 4136344 1 1 0 0 0 0 0 0 0 1 1 1 0 1 0 0 1 0 0 0 0 0 0 0 1 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 76 0 1 110 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 8 8 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 X KOME MULLER 3037771003 71 EAST YALE AVE DENVER CO 80210 TRACY ZABEL MEMBER 1.00 X 0 0 0 JIM LEONARD MEMBER 2.00 X 0 0 0 WALT DEHAVEN CHAIR 2.00 X X 0 0 0 LORI FOX SECRETARY 1.00 X X 0 0 0 KYLE HARRIS TREASURER 2.00 X X 0 0 0 DAVE RATNER VICE CHAIR 2.00 X X 0 0 0 GAVIN O'TOOLE MEMBER 1.00 X 0 0 0 ROB SILK MEMBER 1.00 X 0 0 0 AENGUS FINNAN CEO 40.00 X 178935 0 7759 KOME MULLER CFO 40.00 X 112638 0 169 JESSICA CLARK COO 40.00 X 128297 0 7844 419870 0 15772 3 0 1 0 0 92072 30133 698441 675058 9971 1495704 TICKET SALES 711300 2329569 2329569 TUITION 711130 877682 877682 MERCHANDISE 711300 5831 5831 FOOD AND BEVERAGE 722210 5394 5394 STUDIO FEES 722210 5060 5060 3223536 110196 110196 21040 0 21040 21040 21040 1511094 1483209 27885 27885 27885 4007 30133 24674 -20667 -20667 OTHER EVENT INCOME 711300 56088 56088 OTHER SCHOOL REVENUE 532000 16991 16991 73079 4930773 3296615 0 138454 51051 51051 24240 24240 299500 82792 165256 51452 2127712 1373535 441548 312629 184125 112674 44565 26886 202960 121776 50740 30444 237600 221827 15773 39684 39684 4830 4830 202822 202822 106412 106412 72882 53621 10476 8785 219552 175642 43910 76853 50723 16139 9991 6264 5575 626 63 5469 3610 1148 711 87193 57550 18309 11334 94983 62689 19947 12347 CONTRACT PERFORMERS 791192 791192 FACILITY RENTAL 506227 506227 MERCHANT & BANK FEES 123186 123186 DUE AND SUBSCRIPTIONS 109640 109640 20475 5972 5000 9503 5594852 4136344 940453 518055 3354173 300277 31509 31512 362524 389559 29385 62735 7604 16614 3600 10813 1987956 1221531 799924 766425 690396 2208520 1004549 379766 435717 5658881 5226721 143912 151773 102323 143649 144136 103824 390371 399246 X 4695200 4088258 573310 739217 5268510 4827475 5658881 5226721 X -664079 215331 7713 X 0 1 X 1 0 X 1643216 1652266 5460599 1519086 1461564 11736731 4958666 764613 906104 2387841 3330755 12347979 6601882 2416879 6366703 3906927 4792319 24084710 0 0 0 24084710 22477 28403 38928 40214 131236 261258 22477 28403 38928 40214 131236 261258 2392 2392 8000 8000 6624359 2445282 6405631 3957533 4923555 24356360 0.98880 0.99310 0.01070 0.00650 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: OTHER INCOME - 2022 AMOUNT: $ 8,000. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 51954 49158 7714 3036 105790 66467 -10775 3164 574 51954 63749 6330 2955 657 66467 59622 7601 2894 580 63749 53928 9079 2803 582 59622 1.00000 1 0 115192 115192 1264573 879947 384626 608191 341584 266607 766425 CORPORATE DEBT SECURITIES 1004549 F 1004549 BENEFICIAL INTEREST 105790 CONSTRUCTION IN PROGRESS 329927 435717 5068186 215331 3993 7713 227037 4841149 4830 84794 89624 4930773 5509221 3993 3993 5505228 4830 84794 89624 5594852 PART XI, LINE 2D - OTHER ADJUSTMENTS: INVESTMENT RETURN ON BENEFICIAL INTEREST IN ASSETS HELD BY OTHERS 7,713. PART XI, LINE 4B - OTHER ADJUSTMENTS: TUITION ASSISTANCE 24,240. FUNDRAISING EVENT EXPENSES 60,554. PART XII, LINE 4B - OTHER ADJUSTMENTS: TUITION ASSISTANCE 24,240. FUNDRAISING EVENT EXPENSES 60,554. ONE EPIC NIGHT 34140 30133 4007 15977 5484 3213 34140 30133 4007 15977 5484 3213 24674 -20667 1 WOMEN'S FOUNDATION OF COLORADO INC 1901 EAST ASBURY AVENUE DENVER CO 80208 841039305 501(C)(3) 51051 0 GENERAL OPERATING 1 TUITION ASSISTANCE 43 24240 N/A N/A PART I, LINE 2: THE SCHOOL PROGRAMS MANAGER IS RESPONSIBLE FOR THE TUITION ASSISTANCE PROGRAM. AN APPLICATION IS REQUIRED FOR TUITION ASSISTANCE ELIGIBILITY. APPLICATIONS ARE REVIEWED AND AWARD AMOUNT IS BASED ON FINANCIAL NEED OF THE APPLICANT. X X X 0 0 0 0 0 0 0 0 0 AENGUS FINNAN CEO 178935 0 0 0 0 0 0 0 7759 0 186694 0 0 0 PART I, LINE 3 SWALLOW HILL MUSIC DETERMINES THE COMPENSATION FOR THE CEO BY REVIEWING FORM 990'S OF OTHER ORGANIZATIONS, CONSULTING COMPARABLE SALARY DATA, AND DISCUSSIONS CONDUCTED BY BOTH THE EXECUTIVE COMMITTEE AND BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 11B THE FINANCE COMMITTEE REVIEWS A DRAFT OF THE 990 PRIOR TO THE BOARD. THEN A DRAFT OF THE 990 IS MADE AVAILABLE TO THE ENTIRE BOARD PRIOR TO FILING THE RETURN. FORM 990, PART VI, SECTION B, LINE 12C EACH YEAR ALL SWALLOW HILL BOARD MEMBERS SIGN A CONFLICT OF INTEREST POLICY. ALL STAFF MEMBERS SIGN A CONFLICT OF INTEREST POLICY WHEN THEY BEGIN EMPLOYMENT AT SWALLOW HILL AND RE-SIGN EVERY TIME THE EMPLOYEE MANUAL IS UPDATED. FORM 990, PART VI, SECTION B, LINE 15A SWALLOW HILL MUSIC DETERMINES THE COMPENSATION FOR THE CEO BY 1) CONSULTING COMPARABLE SALARY DATA OBTAINED FROM VARIOUS SOURCES, INCLUDING BUT NOT LIMITED TO, MOUNTAIN STATES EMPLOYERS COUNCIL, THE COLORADO NONPROFIT ASSOCIATION AND FORM 990'S OF OTHER ORGANIZATIONS 2) REVIEWING PERFORMANCE METRICS AS THEY RELATE TO THE STRATEGIC PLAN AND GOALS AGREED UPON BY THE BOARD OF DIRECTORS AND THE CEO 3) SOLICITING AND ANALYZING FEEDBACK ANNUALLY FROM THE BOARD OF TRUSTEES, SWALLOW HILL STAFF AND COMMUNITY PARTNERS 4)THROUGH DISCUSSIONS CONDUCTED BY BOTH THE EXECUTIVE COMMITTEE AND BOARD OF DIRECTORS. MINUTES OF THE BOARD OF DIRECTORS REFLECT THESE PRACTICES. FORM 990, PART VI, SECTION C, LINE 19 SWALLOW HILL MUSIC ASSOCIATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND ALL MONTHLY AND ANNUAL FINANCIAL STATEMENTS AVAILABLE UPON REQUEST FROM THE EXECUTIVE DIRECTOR'S AND ACCOUNTING OFFICES. THE FINANCIAL STATEMENTS ARE ALSO RECEIVED MONTHLY BY THE FINANCE COMMITTEE AND THE BOARD OF DIRECTORS. SIX YEARS OF AUDITED FINANCIAL STATEMENTS AND 990'S ARE POSTED ON THE SWALLOW HILL WEBSITE. FORM 990, PART XI, LINE 9: INVESTMENT RETURN ON BENEFICIAL INTEREST IN ASSETS HELD BY OTHERS 7,713.