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Carmel Bach Festival Foundation Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 770387306 ✦ Carmel, CA ✦ Designated as a 501(c)(3)

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Overview

What is Carmel Bach Festival Foundation Inc?

Carmel Bach Festival Foundation Inc is a nonprofit organization established with the primary objective of supporting the operating activities of the Carmel Bach Festival. Located in Carmel, California, the foundation functions by disbursing funds for this purpose and reimbursing the festival for certain operational expenses. The foundation's mission is centered around managing and distributing endowment funds for the Carmel Bach Festival Inc. Additionally, the foundation serves as a platform to receive and manage restricted contributions on behalf of the festival, ensuring that these contributions are utilized in accordance with their intended purpose.


Official website here: www.bachfestival.org

Is Carmel Bach Festival Foundation Inc legitimate?

Carmel Bach Festival Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Carmel Bach Festival Foundation Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.bachfestival.org

What is the mission statement of Carmel Bach Festival Foundation Inc?

The Carmel Bach Festival Foundation Inc's primary role is to manage and distribute endowment funds for the Carmel Bach Festival. The foundation receives restricted contributions on behalf of the festival. The investment earnings and funds released from restrictions are then transferred to the Carmel Bach Festival in accordance with legal and accounting stipulations. These funds are utilized to supplement the operating activities of the festival and cover certain operating expenses. In essence, the Carmel Bach Festival Foundation Inc supports the operations of the festival by managing its endowment funds.


Official website here: www.bachfestival.org

Who is the CEO of Carmel Bach Festival Foundation Inc?

Steve Friedlander is the President of Carmel Bach Festival Foundation Inc.


Official website here: www.bachfestival.org

What is the revenue of Carmel Bach Festival Foundation Inc?

Carmel Bach Festival Foundation Inc's revenue in 2022 was $222,692.


Official website here: www.bachfestival.org

Who are the executives of Carmel Bach Festival Foundation Inc and what are their salaries?

There 10 volunteers at Carmel Bach Festival Foundation Inc.


Here are 11 key members and their salaries:


David Nee (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matt Little (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cyril Yansouni (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patricia Eastman (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Susan Ducoeur (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jack Eugster (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nigel Lovett (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dave Maddox (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
William Sharpe (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Young (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Friedlander (Exec. Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.bachfestival.org

Where can I find the form 990 for Carmel Bach Festival Foundation Inc?

Carmel Bach Festival Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.bachfestival.org

Learn more at the official website: www.bachfestival.org

Mission Statement of Carmel Bach Festival Foundation Inc

The Carmel Bach Festival Foundation Inc, as a supporting entity, is dedicated to advancing the interests of the Carmel Bach Festival, Inc. The Foundation's primary role involves managing and distributing endowment funds for the Festival. It also acts as a conduit for receiving restricted contributions on behalf of the Festival, abiding by all legal and accounting requirements. The Foundation's mission is to channel the investment earnings and funds released from restrictions to the Carmel Bach Festival. These funds serve to bolster the Festival's operating activities and reimburse it for specific operational expenses. In essence, the Carmel Bach Festival Foundation Inc plays a crucial role in financially strengthening and sustaining the Carmel Bach Festival, ensuring its continued success and cultural impact.

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Impact




October, 2024

Carmel Bach Festival Foundation Inc significantly enhances the cultural landscape of Carmel, CA, by providing essential financial support to the Carmel Bach Festival. Through the management of endowment funds and the receipt of restricted contributions, the Foundation ensures that the Festival can continue its mission of delivering high-quality musical programming.

The impact of the Foundation is evident in its program expenditures, which directly supplement the Festival’s operating activities and cover certain expenses, allowing the Festival to focus on artistic excellence. By facilitating investment earnings and contributions, the Foundation plays a crucial role in maintaining the Festival's vibrant legacy and promoting the arts within the community. This strengthens the local economy, enriches the cultural experience for residents and visitors alike, and fosters a lasting appreciation for classical music.




This information is meant to be a general summary of Carmel Bach Festival Foundation Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$222,692 (2022)
Expenses
$457,258 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $222,692
  • Gross Receipts: $222,692

Assets and Liabilities:

  • Total Assets: $6,689,334
  • Total Liabilities: $328,839
  • Net Assets: $6,360,495

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Organization Details

Founding Year

1961

Principal Officer

Steve Friedlander

Main Address

PO Box 575, Carmel, CA, 93921

NTEE Category

Code: A680 - Arts

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