Black Fret Sonic Guild: Nonprofit Profile, Financials & Form 990 (EIN 46-0576111)

Revenue by fiscal year
FY2020	$1.2M
FY2021	$1.7M
FY2022	$2.0M
FY2023	$2.2M
FY2024	$1.3M

Expenses by fiscal year
FY2020	$1.2M
FY2021	$1.4M
FY2022	$2.0M
FY2023	$2.0M
FY2024	$1.5M

Net assets by fiscal year
FY2020	$414K
FY2021	$762K
FY2022	$623K
FY2023	$758K
FY2024	$534K

Is it real?

Yes. Exemption reinstated. Listed in IRS Pub. 78 (as of October 2026). Latest filing on record: FY2024. IRS ruling in Jun 2014.

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

Where the money goes

67 cents of each dollar spent went to programs.

67%

18%

15%

Program services 67% · $1.0M Management & general 18% · $271K Fundraising 15% · $238K

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

Something off? Claim to add context

Who runs it and what they're paid

5 people listed on the 990; $318K paid to officers and key staff.

Part VII, Section A · reportable compensation

Colin Kendrick

Board Chair & President

$108,000Pt VII · Sec A

Matthew Ott

Board Vice-Chair & Vice PR

$108,000Pt VII · Sec A

Ben London

Executive Director

$102,000Pt VII · Sec A

Matt McDonnell

Treasurer & Secretary

$0Pt VII · Sec A

Tracie Verlinde

Board Member

$0Pt VII · Sec A

Colin Kendrick’s $108K as Board Chair & President is at the 39th 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 · 3 named individuals · Part VII

Name	FY2024	FY2023	FY2022	FY2021	FY2020
Colin Kendrick	$108,000	$102,000	$102,000	$92,000	$48,000
Matthew Ott	$108,000	$102,000	$102,000	$92,000	$48,000
Ben London	$102,000	—	—	—	—

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 Black Fret Sonic Guild executive salaries →

On this list? Claim this org

Something off? Claim to add context

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 15aNo

Programs and updates

Supports the creation and performance of music.

Questions for Black Fret Sonic Guild

Tap to ask. Black Fret Sonic Guild sees how many people are interested.

Your first name shows with your question. Black Fret Sonic Guild answers here, for everyone.

Provided by the organization

Know this org? Add your story

3 programs · $1.0M · in their own filed words · FY2024

01

Performances

Black fret hosted 70 performances in a variety of venues and online live streams which featured 145 bands totalling 435 musicians.

$616Kprogram expense

02

Artist Grants

In 2024, black fret paid out $395,500 in grants to musicians.

$396Kprogram expense

03

Artist Mentor Program

Led by a veteran music industry ARTIST/MANAGER, sonic guild taps into the expertise of scores of music industry experts and professional service providers to enable career development for our artists.

$19Kprogram 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 · FY2024

BNY Mellon Charitable Gift FundFY2024$350K

Fidelity Investments Charitable Gift FundFY2024$51K

M J Murdock Charitable TrustFY2024$32K

Washington State Microenterprise AssociationFY2024$15K

American Online Giving Foundation INCFY2024$15K

Pledgeling FoundationFY2024$8K

Total grants receivedfrom 6 funders$470K

See all 6 funders →

Grants paid · 5 grants · $1.7M · 2020–2024

Unitemized GrantFY2024$395,500

Unitemized GrantFY2023$280,000

Unitemized GrantFY2022$238,810

Unitemized GrantFY2021$252,000

Unitemized GrantFY2020$524,904

By the numbers

The FY2024 990, line by line.

Download 990

from philanthropy.org

1The main four

Money inPt VIII

$1.3M

Ln 12

Gifts and grantsLn 1h$1.0M

Fees for servicesLn 2g$288K

Money outPt IX

$1.5M

Ln 25

Programscol B$1.0M

Managementcol C$271K

Fundraisingcol D$238K

Owns and owesPt X

$534K

net assets · Ln 32

Cash and savingsLn 1–2$553K

Total assetsLn 16$553K

LiabilitiesLn 26$19K

PeoplePt VI, VII

5

listed · VII A

PaidVII A3

Voting boardVI 1a5

IndependentVI 1b5

2In more detail

Revenue in detailPt VIII

Gifts and grantsLn 1h$1.0M

Government grantsLn 1e$6K

Fees for servicesLn 2g$288K

Total revenueLn 12$1.3M

Assets in detailPt X, end of year

CashLn 1$553K

Cash and savings togetherLn 1–2$553K

Other assetsLn 15$24

Total assetsLn 16$553K

LiabilitiesLn 26$19K

Net assetsLn 32$534K

OperationsPt I, VI

EmployeesI 53

VolunteersI 620

Fiscal year endsHeaderDecember

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

Line	Start FY24	End FY24
Cash and savingsLn 1–2	$797K	$553K
Total assetsLn 16	$797K	$553K
LiabilitiesLn 26	$39K	$19K
Net assetsLn 32	$758K	$534K

4Every line

Statement of functional expensesPt IX · every line

Line	Total	Programs	Management	Fundraising
Grants to domestic individualsLn 2	$396K	$396K
Pay of current officers, directors and key staffLn 5	$90K	$34K	$27K	$30K
Other salaries and wagesLn 7	$335K	$177K	$46K	$112K
Payroll taxesLn 10	$41K	$22K	$7K	$12K
Management feesLn 11a	$61K	$33K	$3K	$24K
Legal feesLn 11b	$3K		$3K
Accounting feesLn 11c	$102K		$102K
Other fees for servicesLn 11g	$54K			$54K
Advertising and promotionLn 12	$23K	$7K	$11K	$6K
TravelLn 17	$7K		$7K
InsuranceLn 23	$10K		$10K
Other expenses (24a–d)Ln 24	$402K	$361K	$41K
All other expensesLn 24e	$14K		$14K
Total functional expensesLn 25	$1.5M	$1.0M	$271K	$238K

Filing history

Year	Money in	Money out	In minus out	Net assets	Download
FY2024 Latest Viewing	$1.3M	$1.5M	−$224K	$534K	990 PDF
FY2023	$2.2M	$2.0M	$134K	$758K	990 PDF
FY2022	$2.0M	$2.0M	−$39K	$623K	990 PDF
FY2021	$1.7M	$1.4M	$349K	$762K	990 PDF
FY2020	$1.2M	$1.2M	$17K	$414K	990 PDF

More to add? Claim this org

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations

See the full FY2024 990 (6 parts)

Part I · Summary $1,314,308 revenue, 12 lines filed

I-8 Contributions and grantsPrior year $1,796,136$1,026,291

I-9 Program service revenuePrior year $370,187$288,017

I-10 Investment incomePrior year $0$0

I-11 Other revenuePrior year $0$0

I-12 Total revenuePrior year $2,166,323$1,314,308

I-13 Grants and similar amounts paidPrior year $280,000$395,500

I-14 Benefits paid to membersPrior year $0$0

I-15 Salaries and benefitsPrior year $646,080$466,778

I-16a Professional fundraising feesPrior year $0$0

I-17 Other expensesPrior year $1,105,777$676,040

I-18 Total expensesPrior year $2,031,857$1,538,318

I-19 Revenue less expensesPrior year $134,466−$224,010

Part VI · Governance 5 of 5 board members independent, 3 to look at

VI-1a Voting members of the governing body5

VI-1b Independent voting members5

VI-13 Written whistleblower policyNo

VI-14 Document retention and destruction policyNo

VI-15a Process for setting top official's payNo

VI-2 Family or business relationship among officers or directorsNo

VI-12a Written conflict of interest policyYes

Part VIII · Statement of revenue $1,314,308 across 6 lines filed

VIII-1b Membership dues$250,176

VIII-1e Government grants$6,500

VIII-1f All other contributions, gifts and grants$769,615

VIII-1h Total contributions, gifts and grants$1,026,291

VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $288,017$288,017

VIII-12 Total revenueRelated to mission $288,017 · Unrelated business $0 · Excluded from tax $0$1,314,308

Part IX · Statement of functional expenses $1,538,318 across 13 lines filed

IX-2 Grants to domestic individualsPrograms $395,500$395,500

IX-5 Pay of current officers, directors and key staffPrograms $33,850 · Management $27,150 · Fundraising $29,500$90,500

IX-7 Other salaries and wagesPrograms $177,017 · Management $46,430 · Fundraising $111,954$335,401

IX-10 Payroll taxesPrograms $22,110 · Management $6,800 · Fundraising $11,967$40,877

IX-11a Management feesPrograms $33,214 · Management $3,352 · Fundraising $24,351$60,917

IX-11b Legal feesManagement $2,700$2,700

IX-11c Accounting feesManagement $101,986$101,986

IX-11g Other fees for servicesFundraising $54,288$54,288

IX-12 Advertising and promotionPrograms $7,024 · Management $10,690 · Fundraising $5,554$23,268

IX-17 TravelManagement $6,630$6,630

IX-23 InsuranceManagement $10,472$10,472

IX-24 Other expenses (24a–d)Programs $361,036 · Management $40,893$401,929

IX-24e All other expensesManagement $13,850$13,850

IX-25 Total functional expensesPrograms $1,029,751 · Management $270,953 · Fundraising $237,614$1,538,318

Part X · Balance sheet $553,119 assets, 9 lines filed

X-1 Cash, non-interest-bearingStart of year $796,831$553,095

X-15 Other assetsStart of year $127$24

X-16 Total assetsStart of year $796,958$553,119

X-25 Other liabilitiesStart of year $39,142$19,313

X-26 Total liabilitiesStart of year $39,142$19,313

X-27 Net assets without donor restrictionsStart of year $645,575$408,806

X-28 Net assets with donor restrictionsStart of year $112,241$125,000

X-32 Total net assets or fund balancesStart of year $757,816$533,806

X-33 Total liabilities and net assetsStart of year $796,958$553,119

Part XI · Reconciliation of net assets $533,806 net assets at year end

XI-1 Total revenue$1,314,308

XI-2 Total expenses$1,538,318

XI-3 Revenue less expenses−$224,010

XI-4 Net assets at start of year$757,816

XI-9 Other changes in net assets$0

XI-10 Net assets at end of year$533,806

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

Your org? Add context

Made it to the end? Claim this org