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Boulder Bach Festival

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

EIN: 840861185 ✦ Boulder, CO ✦ Designated as a 501(c)(3)

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Overview

What is Boulder Bach Festival?

The Boulder Bach Festival is a nonprofit organization, established in Boulder, Colorado, primarily focused on celebrating the music of renowned composer Johann Sebastian Bach. They achieve this by organizing a variety of concerts, symposia, and educational events. The organization's mission is to provide high-quality performances and educational opportunities, fostering an appreciation for Bach's work. In May 2019, they registered a DBA under the name "Compass Resonance Ensemble," further expanding their reach and activities in the realm of classical music. The nonprofit serves its community with a dedicated team of three individuals.


Official website here: www.boulderbachfestival.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 76%, Three-Star out of Four Stars

The Boulder Bach Festival has received a Three-Star rating from Charity Navigator, indicating an overall score of 76%. This rating reflects a focus solely on Accountability & Finance, where the organization has shown solid performance in several key areas. Notably, it has achieved perfect scores in categories such as the majority of independent board members, independent board size, and the absence of material diversion of assets.

While the festival demonstrates strengths in financial accountability, it does have limitations that impact its rating. Notably, it lacks a conflict of interest policy, whistleblower policy, and document retention and destruction policy, which all received a score of zero. These missing policies suggest areas where the organization could enhance its governance practices to improve transparency and accountability.

Overall, the Boulder Bach Festival's financial ratios are positive, with a program expense ratio of 74.75% indicating a significant portion of funds directed toward its mission. However, addressing the governance issues identified could further strengthen its operational integrity and overall rating.


This AI summary has been generated from information found on Charity Navigator.

Is Boulder Bach Festival legitimate?

Boulder Bach Festival is a legitimate nonprofit organization registered as a 501(c)(3) entity. Boulder Bach Festival 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: $193,691
Professional Fundraising Fees: $0
Other Salaries and Wages: $10,000

For more financial information, click here


Official website here: www.boulderbachfestival.org

What is the mission statement of Boulder Bach Festival?

The Boulder Bach Festival's mission is centered around celebrating the music of Johann Sebastian Bach. They achieve this by offering high-quality performances and providing educational opportunities. In May 2019, the organization officially registered as the Compass Resonance Ensemble with the Secretary of State. Their activities include presenting a variety of concerts, symposia, and educational events that feature music by Bach. The festival aims to engage and educate the public about the renowned composer's work, fostering a deeper appreciation for his music.


Official website here: www.boulderbachfestival.org

Who is the CEO of Boulder Bach Festival?

Mina Gajic is the Vice President of Boulder Bach Festival.


Official website here: www.boulderbachfestival.org

What is the revenue of Boulder Bach Festival?

Boulder Bach Festival's revenue in 2023 was $481,902.


Official website here: www.boulderbachfestival.org

Who are the executives of Boulder Bach Festival and what are their salaries?

The average compensation at Boulder Bach Festival during 2023 was $67,897. There are 3 employees and 20 volunteers at Boulder Bach Festival.


Here are 6 key members and their salaries:


Edwina Salazar (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Karen Henderson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Collins (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jane Houssiere (Board President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Zachary Carrettin (Music Director Ex-Officio)
  • Compensation: $90,000
  • Related: $0
  • Other: $8,330
Mina Gajic (Artistic And Executive Director Ex-Officio)
  • Compensation: $90,000
  • Related: $0
  • Other: $5,361


Official website here: www.boulderbachfestival.org

Where can I find the form 990 for Boulder Bach Festival?

Boulder Bach Festival's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.boulderbachfestival.org

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

Mission Statement of Boulder Bach Festival

The Boulder Bach Festival, a distinguished organization, is dedicated to celebrating the music of Johann Sebastian Bach. Through its mission, the festival provides high-quality performances and offers educational opportunities for the public. To further its endeavors, the organization registered a DBA with the Secretary of State in May 2019, under the name of "Compass Resonance Ensemble." In carrying out its mission, the festival presents a variety of events, including concerts, symposia, and educational programs, all featuring music by the renowned composer, Johann Sebastian Bach.

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Impact




July, 2024

Boulder Bach Festival's impact can be seen in its dedication to celebrating the music of Johann Sebastian Bach through high-quality performances and educational opportunities. By presenting a series of concerts, symposia, and educational events featuring Bach's music, the festival enriches the cultural landscape of Boulder, Colorado. Through its commitment to excellence in performance and education, Boulder Bach Festival contributes to the preservation and promotion of Bach's rich musical legacy, inspiring audiences and musicians alike with the timeless beauty and depth of his compositions.




This information is meant to be a general summary of Boulder Bach Festival. 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
$481,902 (2023)
Expenses
$456,662 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $483
  • Program Service Revenue: $37,208
  • Gross Receipts: $490,040

Assets and Liabilities:

  • Total Assets: $655,370
  • Total Liabilities: $160,826
  • Net Assets: $494,544

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

TICKET SALES

Revenue

$37,018

CD SALES

Revenue

$190

Organization Details

Founding Year

1990

Principal Officer

Mina Gajic

Main Address

PO BOX 1896, BOULDER, CO, 803061896

NTEE Category

Code: A68Z - Arts

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