Intermusic Sf FY2024 filing

Tax-deductible

San Francisco, CA501(c)(3)Arts & CultureEIN 94-3298643

InterMusic SF is dedicated to sustaining and nourishing the Bay Area creative environment by offering dynamic programming and vital resources for music creators and audience members.

501(c)(3) charity; gifts are tax-deductible.
82¢ of each $1 spent went to programs.
$95K 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

FY2024 · 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
2 of 5
filings with a surplus
Average surplus $11K a year · 1% of revenue · last 5 filings
Worth a look: a surplus in 2 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
82%
of spending
Looks good: 82% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$95K
to officers and key staff · 10% of spending
Looks good: pay to officers and key staff is 10% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
4 mo
of spending, in cash
Looks good: 4.3 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
17
named funders · $502K
Looks good: 17 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$213K
35% of total assets
Looks good: liabilities are 35% of assets; 50% or less.
Pt X · Ln 26
Independent board members
11
of 11 voting members
Looks good: 11 of 11 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$957K
-10% vs prior year
Spent
$961K
To programs
82%
Net assets
$400K
By yearFY2021–FY2025
Revenue
$957K
FY2024▼ -10%
Revenue by fiscal year
FY2021$593K
FY2022$955K
FY2023$1.1M
FY2024$957K
FY2025$1.2M
Expenses
$961K
FY2024▼ -24%
Expenses by fiscal year
FY2021$632K
FY2022$873K
FY2023$1.3M
FY2024$961K
FY2025$954K
Net assets
$400K
FY2024▲ +4%
Net assets by fiscal year
FY2021$528K
FY2022$587K
FY2023$386K
FY2024$400K
FY2025$643K

From the FY2024 Form 990 (year ending June 2024) · figures checked against the IRS filing · see the original

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You’re viewing the FY2024 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 Apr 1999.

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

Where the money goes

82 cents of each dollar spent went to programs.

Program services 82% · $791K Management & general 12% · $113K Fundraising 6% · $58K

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

Who runs it and what they're paid

12 people listed on the 990; $95K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2023); the FY2024 filing did not itemize Part VII
Executive Director
$95,208Pt 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
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A

Crystal Pascucci-Clifford’s $117K as Executive Director is at the 46th percentile of top reported officer pay among 3925 $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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Questions the 990 asks

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

  • Family or business ties among officersPt VI · Ln 2Yes
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Supports Bay Area music creators and audiences with programs and resources.

Provided by the organization

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3 program services account for $791K of program spending, described in the organization's own filed words · FY2023.
01

The Fiscal Sponsorship Program (FSP) offers services to over 100 diverse affiliate entities. With fiscal sponsorship, musicians are able to accept tax-deductible donations from individuals and institutions. In addition, InterMusic SF offers free public professional development workshops, facilitated by experts in the field.

$498Kprogram expense
02

InterMusic SF annually hosts SF Music Day, a free public music festival featuring an average of 25 Bay Area-based ensembles and attracting roughly 4,000 local audience members at the SF War Memorial & Performing Arts Center.

$185Kprogram expense
03

The Musical Grant Program (MGP) is a project-based grant program designed to encourage and promote the creation of small ensemble music. The grant provides financial support of Bay Area-based music creators and collaborators committed to the presentation and production of musical activities, such as live performances, composition…

$107Kprogram expense

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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
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 →

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$957K
Ln 12
Gifts and grantsLn 1h$951K
Investment incomeLn 3$4K
Fees for servicesLn 2g$2K
Money outPt IX
$961K
Ln 25
Programscol B$791K
Managementcol C$113K
Fundraisingcol D$58K
Owns and owesPt X
$400K
net assets · Ln 32
Cash and savingsLn 1–2$344K
Total assetsLn 16$614K
LiabilitiesLn 26$213K
PeoplePt VI, VII
12
listed · VII A
PaidVII A1
Voting boardVI 1a11
IndependentVI 1b11
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$951K
Government grantsLn 1e$125K
Noncash giftsLn 1g$300
Fees for servicesLn 2g$2K
Investment incomeLn 3$4K
Total revenueLn 12$957K
Assets in detailPt X, end of year
CashLn 1$344K
Cash and savings togetherLn 1–2$344K
InvestmentsLn 11–13$208K
Land, buildings, equipmentLn 10c$1K
Total assetsLn 16$614K
LiabilitiesLn 26$213K
Net assetsLn 32$400K
OperationsPt I, VI
EmployeesI 56
VolunteersI 60
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$365K$344K
InvestmentsLn 11–13$184K$208K
Land, buildings, equipmentLn 10c$3K$1K
Total assetsLn 16$557K$614K
LiabilitiesLn 26$172K$213K
Net assetsLn 32$386K$400K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$151K$151K
Grants to domestic individualsLn 2$312K$312K
Pay of current officers, directors and key staffLn 5$127K$72K$38K$16K
Other salaries and wagesLn 7$114K$79K$19K$16K
Other employee benefitsLn 9$13K$8K$3K$2K
Payroll taxesLn 10$21K$13K$5K$3K
Accounting feesLn 11c$34K$0$34K$0
Other fees for servicesLn 11g$98K$86K$1K$11K
Advertising and promotionLn 12$23K$17K$924$5K
Office expensesLn 13$17K$12K$4K$2K
OccupancyLn 16$21K$16K$3K$2K
TravelLn 17$950$595$227$128
Conferences, conventions and meetingsLn 19$16K$16K$0$0
InterestLn 20$8K$5K$2K$1K
Depreciation, depletion and amortizationLn 22$468$293$112$63
InsuranceLn 23$5K$3K$1K$617
Total functional expensesLn 25$961K$791K$113K$58K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $1.2M$954K$224K$643K 990 PDF
FY2024 Viewing $957K$961K−$5K$400K 990 PDF
FY2023 $1.1M$1.3M−$211K$386K 990 PDF
FY2022 $955K$873K$83K$587K 990 PDF
FY2021 $593K$632K−$38K$528K 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 FY2024 990 (4 parts)
Part VIII · Statement of revenue $956,756 across 7 lines filed
VIII-1e Government grants$125,083
VIII-1f All other contributions, gifts and grants$825,482
VIII-1g Noncash contributions (included above)$300
VIII-1h Total contributions, gifts and grants$950,565
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Unrelated business $0 · Excluded from tax $0$2,029
VIII-3 Investment incomeUnrelated business $0 · Excluded from tax $4,162$4,162
VIII-12 Total revenueRelated to mission $2,029 · Unrelated business $0 · Excluded from tax $4,162$956,756
Part IX · Statement of functional expenses $961,479 across 16 lines filed
IX-1 Grants to domestic organizationsPrograms $150,665$150,665
IX-2 Grants to domestic individualsPrograms $312,188$312,188
IX-5 Pay of current officers, directors and key staffPrograms $72,396 · Management $38,426 · Fundraising $16,447$127,269
IX-7 Other salaries and wagesPrograms $78,560 · Management $19,278 · Fundraising $15,954$113,792
IX-9 Other employee benefitsPrograms $7,915 · Management $3,026 · Fundraising $1,699$12,640
IX-10 Payroll taxesPrograms $13,141 · Management $5,023 · Fundraising $2,820$20,984
IX-11c Accounting feesPrograms $0 · Management $34,250 · Fundraising $0$34,250
IX-11g Other fees for servicesPrograms $86,331 · Management $1,256 · Fundraising $10,750$98,337
IX-12 Advertising and promotionPrograms $17,249 · Management $924 · Fundraising $4,723$22,896
IX-13 Office expensesPrograms $12,008 · Management $3,763 · Fundraising $1,687$17,458
IX-16 OccupancyPrograms $16,028 · Management $3,447 · Fundraising $1,935$21,410
IX-17 TravelPrograms $595 · Management $227 · Fundraising $128$950
IX-19 Conferences, conventions and meetingsPrograms $15,888 · Management $0 · Fundraising $0$15,888
IX-20 InterestPrograms $4,817 · Management $1,841 · Fundraising $1,034$7,692
IX-22 Depreciation, depletion and amortizationPrograms $293 · Management $112 · Fundraising $63$468
IX-23 InsurancePrograms $2,876 · Management $1,099 · Fundraising $617$4,592
IX-25 Total functional expensesPrograms $790,950 · Management $112,672 · Fundraising $57,857$961,479
Part X · Balance sheet $613,721 assets, 13 lines filed
X-1 Cash, non-interest-bearingStart of year $364,563$343,565
X-3 Pledges and grants receivable$54,259
X-9 Prepaid expenses and deferred chargesStart of year $5,373$6,375
X-10c Land, buildings and equipment, netStart of year $3,184$1,037
X-11 Publicly traded securitiesStart of year $184,212$208,485
X-16 Total assetsStart of year $557,332$613,721
X-17 Accounts payable and accrued expensesStart of year $21,885$63,460
X-24 Unsecured notes and loans payableStart of year $149,900$150,000
X-26 Total liabilitiesStart of year $171,785$213,460
X-27 Net assets without donor restrictionsStart of year −$109,990−$153,743
X-28 Net assets with donor restrictionsStart of year $495,537$554,004
X-32 Total net assets or fund balancesStart of year $385,547$400,261
X-33 Total liabilities and net assetsStart of year $557,332$613,721
Part XI · Reconciliation of net assets $400,261 net assets at year end
XI-1 Total revenue$956,756
XI-2 Total expenses$961,479
XI-3 Revenue less expenses−$4,723
XI-4 Net assets at start of year$385,547
XI-5 Net unrealized gains (losses) on investments$18,437
XI-6 Donated services and use of facilities$1,000
XI-10 Net assets at end of year$400,261

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

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