Intermusic Sf EIN 94-3298643 Form 990 (PDF) Claim this org

Intermusic Sf FY2021 filing

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Supports Bay Area music creators and audiences with programs and resources. For fiscal year 2021 it reported $593K in revenue, $632K in expenses, and $528K in net assets.Pt I

Type
Public charity (501(c)(3)) · Arts & Culture
Location
San Francisco, CA
Website
www.intermusicsf.org
Filings
5 on file (2021–2021)
Revenue
$593KFY2021
Expenses
$632K
Net assets
$528K
People
14
Filings
5
Updates
0
More identity details & actions ⌄
EIN  94-3298643 Public charity (501(c)(3)) San Francisco, CA
Form 990 (PDF)
You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2025) →
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Size
$1–10M
What they do
Supports Bay Area music creators and audiences with programs and resources.
Leadership
Cory Combs · Executive Director · $99K
Money in and out
$593K revenue, $632K expenses
Bottom line
66% program efficiency
Where the money goes · FY2021
Total revenue
$593K
Pt VIII · Ln 12
Total expenses
$632K
Pt IX · Ln 25
Net assets
$528K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$38K
Where spending went · Part IX cols B–D
Program services $0.66 Management & general $0.26 Fundraising $0.08
Program efficiency
66%
of spending reaches programs
Operating runway
13.2mo
months of highly liquid reserves at operating expense rate
Surplus margin
-6%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2021 · Form 990
Revenue
$593K
FY2021
Expenses
$632K
FY2021
Total assets
$728K
FY2021
Total liabilities
$199K
FY2021
Total revenue
$593K
Pt VIII · Ln 12
Total expenses
$632K
Pt IX · Ln 25
Net assets
$528K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$38K
Total assetsPt X · Ln 16$728K
Program-expense ratioPt IX · col B66%
Voting members of governing bodyPt I · Ln 313
Independent voting membersPt I · Ln 413

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CIntermusic Sf
EINHdr · item D94-3298643
Principal addressHdr · item CSan Francisco, CA
WebsiteHdr · item Jwww.intermusicsf.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MCA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFArts & Culture (A11)
Ruling yearIRS BMFApr 1999

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a13
Independent voting membersPt VI · Ln 1b13
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2020); the FY2021 filing did not itemize Part VII
Executive Director
$98,508Pt VII · Sec A
Vice-President
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
$0Pt VII · Sec A

Crystal Pascucci-Clifford’s $117K as Executive Director is at the 46th percentile of top reported officer pay among 3917 $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 · 2 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021
Cory Combs$124,175$107,492$98,508
Crystal Pascucci-Clifford$116,875$95,208

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 Intermusic Sf executive salaries →

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Mission & Programs · Part III

Where the work happens

3 program services account for $417K of program spending, described in the organization's own filed words · FY2020.
01

InterMusic SF supports and assists emerging and existing professional chamber ensembles and presenters. - The Fiscal Sponsorship Program provides fiscal sponsorship, free career development workshops (also open to the community at large), performance and education opportunities, and the in-demand service of one-on-one mentoring to over…

$195Kprogram expense
02

The Musical Grant Program assists professional ensembles and individuals in the San Francisco Bay Area. Through a competitive selection process, the Program provides financial support for artistic endeavors fostering small ensemble music in all its diversity.

$122Kprogram expense
03

SF Music Day is an annual day-long event that showcases live performances by some of the San Francisco Bay Area's finest professional ensembles. Audiences of all ages and backgrounds have the opportunity to experience-some for the first time-the excitement of new works and classic chamber music repertoire absolutely free of charge.

$100Kprogram expense

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Statement of Revenue

Part VIII
Contributions & grants99%$589K
Program service revenue$2K
Investment income$3K
— government grantsLn 1e$139K
Total revenueLn 12$593K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.66 Management & general $0.26 Fundraising $0.08
Program services66%$417K
Management & general26%$164K
Fundraising8%$50K
Total functional expensesLn 25$632K

Balance Sheet

Part X · end of year
CashLn 1$498K
Total assetsLn 16$728K
Total liabilitiesLn 26$199K
Total net assetsLn 32$528K
Months of cash on handcomputed9.5

Financial Metrics

Form 990 · FY2021 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $697K · Operating expenses/yr $632K
13.2 months
Where the money goes
Program services
Program services $417K · Total expenses $632K
66%
Management & General
Management & general $164K · Total expenses $632K
26%
Fundraising
Fundraising $50K · Total expenses $632K
8%
Cost to raise $1
Fundraising expense $50K · Solicited contributions $449K
$0.11 to raise $1
Where the money comes from
Contribution dependence
Contributions & grants $589K · Total revenue $593K
99%
Government reliance
Government grants $139K · Total revenue $593K
23%
Earned-income share
Program service revenue $2K · Total revenue $593K
0.3%
Investment reliance
Investment income $3K · Total revenue $593K
+0.5%
Program self-sufficiency
Program service revenue $2K · Total expenses $632K
0.3%
Growth & trend
Revenue growth (YoY)
This year $593K · Prior year —
No prior year on file
Net-asset trend (YoY)
End of year $528K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $593K · Expenses $632K
-6%
Liabilities-to-Assets
Total liabilities — · Total assets $728K
Net-asset ratio
Net assets $528K · Total assets $728K
73%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $199K · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $728K
27%
People & payroll
Highest Reported Total Compensation
Individual Cory Combs · Reported title Executive Director · Highest reported compensation $99K · Total expenses $632K
16%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $227K · Total expenses $632K
36%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 66%
Overhead ratio 26%
Fundraising cost ratio 9%
Legal fee ratio 0.4%
Accounting fee ratio 3%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · received and paid
Grants received · FY2024
See all 17 funders →
Grants paid · 24 grants · $2.2M · 2020–2024
Unitemized GrantFY2024$404,853
Zy Violin INCFY2024$24,540
Simon Music Productions INCFY2024$8,746
Arteco Management INCFY2024$6,340
Unitemized GrantFY2023$312,188
Golden Gate Park BandCA · FY2023$56,034
Gsi Studios LLCFY2023$54,000
Here Bullet the Film LLCFY2023$9,323
Tahoe Music AliveCA · FY2023$7,884
Arteco Management INCFY2023$7,570
Unitemized GrantFY2022$395,517
Golden Gate Park BandCA · FY2022$161,547
Gsi Studios LLCFY2022$72,000
Here Bullet the Film LLCFY2022$18,257
Classical RevolutionFY2022$6,988
Unitemized GrantFY2021$381,563
Golden Gate Park BandCA · FY2021$42,609
See all 24 grants →

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$1.2M revenue · ⤓ 990 PDF
FY2024$957K revenue · ⤓ 990 PDF
FY2023$1.1M revenue · ⤓ 990 PDF
FY2022$955K revenue · ⤓ 990 PDF
FY2021$593K revenue · viewing · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2021IRS
Classification, formation year, addressIRS Business Master File
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