The Walden School FY2022 filing

Tax-deductible

San Francisco, CA501(c)(3)Since 1972Arts & CultureEIN 35-2374612Revenue $1.5M in FY2022

On file with the IRSwaldenschool.org7 Joost Ave Ste 204, 94131-3272 · San Francisco, CATax-exempt since May 2010School — 170(b)(1)(A)(ii)

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The Walden School inspires artistic expression and personal growth through experiential music programs.

501(c)(3) charity; gifts are tax-deductible.
73¢ of each $1 spent went to programs.
$100K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2022 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
4 of 6
filings with a surplus
Average surplus $50K a year · 4% of revenue · last 6 filings
Fine: a surplus in 4 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
73%
of spending
Fine: 73% of spending went to programs; 65% to 75%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$100K
to officers and key staff · 9% of spending
Looks good: pay to officers and key staff is 9% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
2 mo
of spending, in cash
Fine: 2.3 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $408K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$206K
23% of total assets
Looks good: liabilities are 23% of assets; 50% or less.
Pt X · Ln 26
Independent board members
16
of 16 voting members
Looks good: 16 of 16 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$1.5M
+45% vs prior year
Spent
$1.1M
To programs
73%
Net assets
$673K
By yearFY2020–FY2025
Revenue
$1.5M
FY2022▲ +45%
Tap a bar for its year
Revenue by fiscal year
FY2020$546K
FY2021$1.0M
FY2022$1.5M
FY2023$1.2M
FY2024$1.2M
FY2025$1.7M
Expenses
$1.1M
FY2022▲ +5%
Tap a bar for its year
Expenses by fiscal year
FY2020$488K
FY2021$1.0M
FY2022$1.1M
FY2023$1.2M
FY2024$1.5M
FY2025$1.5M
Net assets
$673K
FY2022▲ +139%
Tap a bar for its year
Net assets by fiscal year
FY2020$303K
FY2021$282K
FY2022$673K
FY2023$690K
FY2024$440K
FY2025$738K

From the FY2022 Form 990 (year ending September 2022) · figures checked against the IRS filing · see the original

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You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in May 2010.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

73 cents of each dollar spent went to programs.

Program services 73% · $778K Management & general 16% · $174K Fundraising 10% · $107K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

20 people listed on the 990; $100K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2021); the FY2022 filing did not itemize Part VII
Executive Director
$99,999Pt VII · Sec A
Vice Chair Thru 7/2022 / Chair Start 7/2022
$0Pt VII · Sec A
Secretary Thru 7/2022 / Vice Chair Start 7/2022
$0Pt VII · Sec A
Secretary Start 7/2022
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director Start 07/2022
$0Pt VII · Sec A
Director Thru 07/2022
$0Pt VII · Sec A

Seth Brenzel’s $110K as Executive Director is at the 40th percentile of top reported officer pay among 3924 $1–10M arts & culture nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Seth Brenzel$110,000$100,000$100,000$99,999$97,500$95,000

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See The Walden School executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Inspires artistic expression and personal growth through hands-on music programs.

Questions for The Walden School

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Provided by the organization

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3 programs · $778K · in their own filed words · FY2021
01

The walden school young musicians program provides an unparalleled creative summer experience for musically inclined students ages 9 to 19. Part school, part camp, and part festival, the program convenes each summer for five weeks in dublin, NH.

$605Kprogram expense
02

The walden school creative musicians retreat (CMR) offers training and development opportunities for the well-rounded musicians (ages 18+). At the creative musicians retreat (CMR), participants take classes (including courses in the walden schools musicianship course), sing in the chorus, write music, and improvise.

$164Kprogram expense
03

The walden school hosts various alumni events throughout the year, designed to connect alumni to retain a vibrant connection to the organization.

$9Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2025
Total grants receivedfrom 1 funder$408K
Grants paid · 6 grants · $725K · 2019–2024
Unitemized GrantFY2024$200,150
Unitemized GrantFY2023$184,700
Unitemized GrantFY2022$95,350
Unitemized GrantFY2021$110,700
Unitemized GrantFY2020$124,200
Unitemized GrantFY2019$9,700

By the numbers

The FY2022 990, line by line.

1The main four
Money inPt VIII
$1.5M
Ln 12
Gifts and grantsLn 1h$967K
Fees for servicesLn 2g$480K
Investment incomeLn 3$2K
Money outPt IX
$1.1M
Ln 25
Programscol B$778K
Managementcol C$174K
Fundraisingcol D$107K
Owns and owesPt X
$673K
net assets · Ln 32
Cash and savingsLn 1–2$206K
Total assetsLn 16$879K
LiabilitiesLn 26$206K
PeoplePt VI, VII
20
listed · VII A
PaidVII A1
Voting boardVI 1a16
IndependentVI 1b16
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$967K
Government grantsLn 1e$55K
Noncash giftsLn 1g$156K
Fees for servicesLn 2g$480K
Investment incomeLn 3$2K
Other incomeLn 4–11$1K
Gains on assetsLn 7$2K
Total revenueLn 12$1.5M
Assets in detailPt X, end of year
CashLn 1$197K
SavingsLn 2$9K
Cash and savings togetherLn 1–2$206K
InvestmentsLn 11–13$648K
Other assetsLn 15$26K
Total assetsLn 16$879K
LiabilitiesLn 26$206K
Net assetsLn 32$673K
OperationsPt I, VI
EmployeesI 540
VolunteersI 635
Fiscal year endsHeaderSeptember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY22End FY22
Cash and savingsLn 1–2$100K$206K
InvestmentsLn 11–13$370K$648K
Total assetsLn 16$513K$879K
LiabilitiesLn 26$231K$206K
Net assetsLn 32$282K$673K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic individualsLn 2$111K$111K
Pay of current officers, directors and key staffLn 5$100K$45K$30K$25K
Other salaries and wagesLn 7$247K$145K$41K$61K
Payroll taxesLn 10$28K$15K$6K$7K
Legal feesLn 11b$3K$3K
Accounting feesLn 11c$9K$9K
Other fees for servicesLn 11g$60K$45K$14K$712
Advertising and promotionLn 12$40K$34K$4K$2K
Office expensesLn 13$36K$31K$4K$2K
Information technologyLn 14$6K$6K$649$324
OccupancyLn 16$186K$158K$19K$9K
TravelLn 17$35K$26K$9K
Conferences, conventions and meetingsLn 19$7K$7K
InterestLn 20$330$330
InsuranceLn 23$21K$21K
Other expenses (24a–d)Ln 24$144K$144K
All other expensesLn 24e$24K$11K$13K
Total functional expensesLn 25$1.1M$778K$174K$107K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $1.7M$1.5M$126K$738K 990 PDF
FY2024 $1.2M$1.5M−$276K$440K 990 PDF
FY2023 $1.2M$1.2M$12K$690K 990 PDF
FY2022 Viewing $1.5M$1.1M$392K$673K 990 PDF
FY2021 $1.0M$1.0M−$10K$282K 990 PDF
FY2020 $546K$488K$58K$303K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2022 990 (6 parts)
Part I · Summary $1,451,099 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $537,506$967,464
I-9 Program service revenuePrior year $459,291$480,325
I-10 Investment incomePrior year −$41$2,189
I-11 Other revenuePrior year $3,983$1,121
I-12 Total revenuePrior year $1,000,739$1,451,099
I-13 Grants and similar amounts paidPrior year $124,200$110,700
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $355,678$374,710
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $530,524$573,705
I-18 Total expensesPrior year $1,010,402$1,059,115
I-19 Revenue less expensesPrior year −$9,663$391,984
Part VI · Governance 16 of 16 board members independent, 2 to look at
VI-1a Voting members of the governing body16
VI-1b Independent voting members16
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $1,451,099 across 9 lines filed
Lines not itemized here account for −$544 of total revenue; see the IRS return.
VIII-1e Government grants$55,397
VIII-1f All other contributions, gifts and grants$912,067
VIII-1g Noncash contributions (included above)$156,015
VIII-1h Total contributions, gifts and grants$967,464
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $480,325$480,325
VIII-3 Investment incomeExcluded from tax $488$488
VIII-7 Net gain or loss on sales of assetsExcluded from tax $1,701$1,701
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Excluded from tax $1,665$1,665
VIII-12 Total revenueRelated to mission $479,781 · Unrelated business $0 · Excluded from tax $3,854$1,451,099
Part IX · Statement of functional expenses $1,059,115 across 17 lines filed
IX-2 Grants to domestic individualsPrograms $110,700$110,700
IX-5 Pay of current officers, directors and key staffPrograms $45,000 · Management $30,000 · Fundraising $24,999$99,999
IX-7 Other salaries and wagesPrograms $144,652 · Management $41,043 · Fundraising $61,008$246,703
IX-10 Payroll taxesPrograms $15,321 · Management $5,739 · Fundraising $6,948$28,008
IX-11b Legal feesManagement $3,286$3,286
IX-11c Accounting feesManagement $9,470$9,470
IX-11g Other fees for servicesPrograms $45,270 · Management $13,977 · Fundraising $712$59,959
IX-12 Advertising and promotionPrograms $34,417 · Management $4,049 · Fundraising $2,025$40,491
IX-13 Office expensesPrograms $31,012 · Management $3,649 · Fundraising $1,824$36,485
IX-14 Information technologyPrograms $5,513 · Management $649 · Fundraising $324$6,486
IX-16 OccupancyPrograms $158,115 · Management $18,602 · Fundraising $9,301$186,018
IX-17 TravelPrograms $25,550 · Management $9,051$34,601
IX-19 Conferences, conventions and meetingsPrograms $7,260$7,260
IX-20 InterestManagement $330$330
IX-23 InsuranceManagement $21,282$21,282
IX-24 Other expenses (24a–d)Programs $143,824$143,824
IX-24e All other expensesPrograms $11,448 · Management $12,765$24,213
IX-25 Total functional expensesPrograms $778,082 · Management $173,892 · Fundraising $107,141$1,059,115
Part X · Balance sheet $879,304 assets, 12 lines filed
X-1 Cash, non-interest-bearingStart of year $84,614$197,377
X-2 Savings and temporary cash investmentsStart of year $15,204$9,106
X-3 Pledges and grants receivableStart of year $33,000−$1,050
X-11 Publicly traded securitiesStart of year $370,486$647,999
X-15 Other assetsStart of year $8,300$25,872
X-16 Total assetsStart of year $513,130$879,304
X-17 Accounts payable and accrued expensesStart of year $151,333$206,210
X-26 Total liabilitiesStart of year $231,090$206,210
X-27 Net assets without donor restrictionsStart of year $166,414$557,468
X-28 Net assets with donor restrictionsStart of year $115,626$115,626
X-32 Total net assets or fund balancesStart of year $282,040$673,094
X-33 Total liabilities and net assetsStart of year $513,130$879,304
Part XI · Reconciliation of net assets $673,094 net assets at year end
XI-1 Total revenue$1,451,099
XI-2 Total expenses$1,059,115
XI-3 Revenue less expenses$391,984
XI-4 Net assets at start of year$282,040
XI-5 Net unrealized gains (losses) on investments−$930
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$673,094

Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File

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