2025-03-06T15:51:15-06:00 2024-10-31 910189318 MOSS ADAMS LLP 6565 AMERICAS PARKWAY NE STE 600 ALBUQUERQUE NM 87110 990 2023-11-01 850224461 SANTA FE CHAMBER MUSIC FESTIVAL LTD SANT 5059832075 PO BOX 2227 SANTA FE NM 875042227 JAMES GRIFFITH EXECUTIVE DIRECTOR 5059832075 2025-03-06 1 1 STEVEN TALBOT P01695427 5058787200 2025-03-06 2023 2025-03-06 01:10:19Z JAMES GRIFFITH PO BOX 2227 SANTA FE NM 875042227 3209876 0 X WWW.SFCMF.ORG X 1972 NM THE ADVANCEMENT OF THE ART OF MUSIC. 37 37 21 85 0 0 2557964 2275885 726350 747413 9591 45164 -71098 -61587 3222807 3006875 0 0 0 0 1421588 1136339 0 0 515099 2133037 1922847 3554625 3059186 -331818 -52311 1210350 1004449 564947 411357 645403 593092 THE ADVANCEMENT OF THE ART OF MUSIC. 0 0 2009100 747413 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 2024 SEASON PROVIDED 43 CONCERT PRODUCTIONS IN SANTA FE. WORLD-CLASS PROFESSIONAL MUSICIANS FROM AROUND THE GLOBE PLAYED FOR AUDIENCES VISITNG SANTA FE FROM AROUND THE COUNTRY. 145575 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. 2154675 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 1 145 0 1 21 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 37 37 1 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 0 0 NM X X JANE BAGWELL 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 RICHARD BENTLEY 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 DOUGLAS 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 DIANE GROB TRUSTEE 1.00 X 0 0 0 JEREMY GUIBERTEAU 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 GINNIE MAES 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 HERMAN SIEGELAAR TRUSTEE 1.00 1.00 X 0 0 0 BESSIE SIMPSON HANAHAN TRUSTEE 1.00 X 0 0 0 NAT SLOANE TRUSTEE 1.00 1.00 X 0 0 0 LOUISA STUDE SAROFIM TRUSTEE 1.00 X 0 0 0 JAN CHAVEZ WILCYNSKI TRUSTEE 1.00 X 0 0 0 JAMES GRIFFITH EXECUTIVE DIRECTOR (STARTING 10/1/24) 0.00 X 0 0 0 DAVID KITTO EXECUTIVE DIRECTOR (THRU 5/23/24) 40.00 1.00 X 41615 0 750 NANCY STEEDMAN CONTROLLER/CFO (THRU 4/30/24) 40.00 4.00 X 70610 0 11118 MARC NEIKRUG ARTISTIC DIRECTOR 40.00 X 220612 0 15618 JANE BAGWELL CONTROLLER (STARTING 5/1/24) 40.00 4.00 X 0 0 0 ELIZABETH DERRINGER DEVELOPMENT DIRECTOR 40.00 X 133310 0 12999 VALERIE GUY DIRECTOR OF ARTISTIC ADMINISTRATION 40.00 X 106990 0 15244 STEVE OVITSKY EXECUTIVE DIRECTOR (THRU 8/31/2023) 40.00 X 328851 0 19766 901988 0 75495 4 1 1 0 0 395548 699000 65000 1116337 42539 2275885 TICKET SALES-CONCERTS 711300 747413 747413 747413 45389 45389 42314 42539 -225 -225 -225 58760 395548 160462 -101702 -101702 PROGRAM AD SALES 900099 22500 22500 17615 17615 40115 3006875 747413 0 -16423 X 466983 289608 67006 110369 546214 338744 78375 129095 10649 6604 1528 2517 36464 22614 5232 8618 76029 47151 10909 17969 14584 14584 20480 20480 1133457 1058642 74234 581 248818 208383 40435 97719 37166 38399 22154 9428 7071 943 1414 96255 72191 9626 14438 11185 11185 27647 27647 11398 11398 98431 59058 14765 24608 12405 7443 3101 1861 DEVELOPMENT EXPENSES 141040 141040 3059186 2154675 389412 515099 388323 123941 107923 279417 196974 146789 48128 73735 218660 138524 175192 80136 293810 300431 1210350 1004449 168100 54514 189982 135312 146294 150000 60571 71531 564947 411357 X 218567 166256 426836 426836 645403 593092 1210350 1004449 -52311 0 X 0 1 X 1 0 X 1797122 2056409 2068933 2557964 2275885 10756313 488380 623811 726350 747413 2585954 35610 69450 115509 58760 279329 1797122 2580399 2762194 3399823 3082058 13621596 773899 685256 1400625 1788496 1453964 6102240 0 773899 685256 1400625 1788496 1453964 6102240 7519356 2866 204250 3561 9521 45389 265587 2866 204250 3561 9521 45389 265587 200 6890 40115 47205 1799988 2784649 2765955 3416234 3167562 13934388 0.53960 0.56180 0.01910 0.01670 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: MISCELLANOUS INCOME - 2021 AMOUNT: $ 200. 2022 AMOUNT: $ 6,890. 2023 AMOUNT: $ 17,615. PROGRAM AD SALES - 2023 AMOUNT: $ 22,500. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 31271 29686 1585 187389 108838 78551 80136 DUE FROM SANTA FE MUSIC CHAMBER MUSIC FESTIVAL ENDOWMENT FOUNDATION 241132 RIGHT-OF-USE-ASSETS 59299 300431 OTHER LIABILITIES 12232 LEASE LIABILITIES 59299 71531 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. 2024 GALA 454308 395548 58760 18587 50039 30456 61380 454308 395548 58760 18587 50039 30456 61380 160462 -101702 X X X 0 0 0 0 0 0 0 1 0 STEVE OVITSKY EXECUTIVE DIRECTOR (THRU 8/31/2023) 328851 0 0 0 0 0 10766 0 9000 0 348617 0 0 0 MARC NEIKRUG ARTISTIC DIRECTOR 220612 0 0 0 0 0 6618 0 9000 0 236230 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 1465 42539 FMV 0 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 910,454. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 910,454. EDUCATION AND OUTREACH: PROGRAM SERVICE EXPENSES 145,475. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 145,475. PAYROLL SERVICE: PROGRAM SERVICE EXPENSES 2,713. MANAGEMENT AND GENERAL EXPENSES 581. FUNDRAISING EXPENSES 581. TOTAL EXPENSES 3,875. CONTRACT LABOR: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 73,653. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 73,653. 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 699000 FMV SANTA FE CHAMBER MUSIC ENDOWMENT FOUNDATION Q 90450 FMV