Performing Arts Scholarship Foundation

Tax-deductible

Santa Barbara, CA501(c)(3)EducationEIN 95-3757549

The mission of pasf is to provide financial assistance to students of the performing arts and to support music educational outreach organizations in the santa barbara community.

501(c)(3) charity; gifts are tax-deductible.
59¢ of each $1 spent went to programs.
Run by 12 volunteers.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

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
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
1 of 5
filings with a surplus
Average surplus $4K a year · 3% of revenue · last 5 filings
Worth a look: a surplus in 1 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
59%
of spending
Worth a look: 59% of spending went to programs; under 65%.
Pt IX · Ln 25 · col B
Cash reserves
6 mo
of spending, in cash
Looks good: 6.1 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $1K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
13
of 13 voting members
Looks good: 13 of 13 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$136K
+28% vs prior year
Spent
$149K
To programs
59%
Net assets
$2.1M
By yearFY2020–FY2024
Revenue
$136K
FY2024▲ +28%
Revenue by fiscal year
FY2020$61K
FY2021$236K
FY2022$98K
FY2023$106K
FY2024$136K
Expenses
$149K
FY2024▲ +16%
Expenses by fiscal year
FY2020$108K
FY2021$118K
FY2022$113K
FY2023$128K
FY2024$149K
Net assets
$2.1M
FY2024▲ +5%
Net assets by fiscal year
FY2020$2.1M
FY2021$2.3M
FY2022$1.9M
FY2023$2.1M
FY2024$2.1M

From the FY2024 Form 990 · see the original

Give Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Oct 1982.

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

Where the money goes

59 cents of each dollar spent went to programs.

Program services 59% · $87K Management & general 41% · $62K

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

Who runs it and what they're paid

15 people listed on the 990.

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
See Performing Arts Scholarship Foundation executive salaries →

Are you one of these people? Claim this org to confirm your role

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

Offers financial aid to performing arts students and supports music education outreach.

Provided by the organization

This section is blank until Performing Arts Scholarship Foundation claims this page.

Know this organization? Claim it to add your story

2 program services account for $87K of program spending, described in the organization's own filed words · FY2024.
01

Pasf's goals are to encourage, nurture, and support young musicians in the santa barbara county area. We do this through an annual competition where qualifying participants perform to win grant money to further their musical careers or support their musical training.

$45Kprogram expense
02

Grants to non-profit performing arts organizations to support educational outreach programs.

$42Kprogram expense

Run this program? Claim this org to tell your story

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 · FY2022
Total grants receivedfrom 1 funder$1K
Grants paid · 28 grants · $327K · 2020–2024
Unitemized GrantFY2024$29,150
State Street BalletCA · FY2024$9,160
Unitemized GrantFY2023$32,400
Unitemized GrantFY2022$26,000
State Street BalletCA · FY2022$7,000
Santa Barbara StringsCA · FY2022$6,655
Unitemized GrantFY2021$28,150
State Street BalletCA · FY2021$6,000
Sb Music & Arts ConservatoryFY2021$6,000
See all 28 grants →

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$136K
Ln 12
Investment incomeLn 3$93K
Gifts and grantsLn 1h$43K
Money outPt IX
$149K
Ln 25
Programscol B$87K
Managementcol C$62K
Owns and owesPt X
$2.1M
net assets · Ln 32
Cash and savingsLn 1–2$76K
Total assetsLn 16$2.1M
LiabilitiesLn 26$0
PeoplePt VI, VII
15
listed · VII A
PaidVII A0
Voting boardVI 1a13
IndependentVI 1b13
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$43K
Investment incomeLn 3$93K
Gains on assetsLn 7$20K
Total revenueLn 12$136K
Assets in detailPt X, end of year
CashLn 1$97
SavingsLn 2$76K
Cash and savings togetherLn 1–2$76K
InvestmentsLn 11–13$2.1M
Total assetsLn 16$2.1M
LiabilitiesLn 26$0
Net assetsLn 32$2.1M
OperationsPt I, VI
EmployeesI 50
VolunteersI 612
Fiscal year endsHeaderDecember
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$86K$76K
InvestmentsLn 11–13$2.0M$2.1M
Total assetsLn 16$2.1M$2.1M
LiabilitiesLn 26$0$0
Net assetsLn 32$2.1M$2.1M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$42K$42K
Grants to domestic individualsLn 2$29K$29K
Accounting feesLn 11c$8K$8K
Investment management feesLn 11f$23K$23K
Other fees for servicesLn 11g$21K$21K
Office expensesLn 13$4K$4K
Information technologyLn 14$1K$1K
Conferences, conventions and meetingsLn 19$287$287
InsuranceLn 23$3K$3K
Other expenses (24a–d)Ln 24$16K$16K$75
Total functional expensesLn 25$149K$87K$62K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing $136K$149K−$13K$2.1M 990 PDF
FY2023 $106K$128K−$22K$2.1M 990 PDF
FY2022 $98K$113K−$15K$1.9M 990 PDF
FY2021 $236K$118K$118K$2.3M 990 PDF
FY2020 $61K$108K−$47K$2.1M 990 PDF

Want to add your own materials alongside these filings? Claim this org

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 $135,686 across 5 lines filed
VIII-1f All other contributions, gifts and grants$42,834
VIII-1h Total contributions, gifts and grants$42,834
VIII-3 Investment incomeExcluded from tax $72,990$72,990
VIII-7 Net gain or loss on sales of assetsExcluded from tax $19,862$19,862
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $92,852$135,686
Part IX · Statement of functional expenses $148,867 across 10 lines filed
IX-1 Grants to domestic organizationsPrograms $41,990$41,990
IX-2 Grants to domestic individualsPrograms $29,150$29,150
IX-11c Accounting feesManagement $7,982$7,982
IX-11f Investment management feesManagement $23,130$23,130
IX-11g Other fees for servicesManagement $21,450$21,450
IX-13 Office expensesManagement $4,431$4,431
IX-14 Information technologyManagement $1,457$1,457
IX-19 Conferences, conventions and meetingsManagement $287$287
IX-23 InsuranceManagement $2,887$2,887
IX-24 Other expenses (24a–d)Programs $16,028 · Management $75$16,103
IX-25 Total functional expensesPrograms $87,168 · Management $61,699 · Fundraising $0$148,867
Part X · Balance sheet $2,142,959 assets, 8 lines filed
X-1 Cash, non-interest-bearingStart of year $97$97
X-2 Savings and temporary cash investmentsStart of year $86,091$75,560
X-11 Publicly traded securitiesStart of year $1,964,378$2,067,302
X-16 Total assetsStart of year $2,050,566$2,142,959
X-26 Total liabilitiesStart of year $0$0
X-27 Net assets without donor restrictionsStart of year $2,050,566$2,142,959
X-32 Total net assets or fund balancesStart of year $2,050,566$2,142,959
X-33 Total liabilities and net assetsStart of year $2,050,566$2,142,959
Part XI · Reconciliation of net assets $2,142,959 net assets at year end
XI-1 Total revenue$135,686
XI-2 Total expenses$148,867
XI-3 Revenue less expenses−$13,181
XI-4 Net assets at start of year$2,050,566
XI-5 Net unrealized gains (losses) on investments$105,574
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$2,142,959

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

Similar organizations you could support · Compare with another nonprofit

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.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.
Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.