NonprofitsBlack Fret Sonic Guild

Arts, Culture & Humanities

Black Fret Sonic Guild

AUSTIN, TX

Total revenue

$1.3M

Total expenses

$1.5M

Net assets

$534K

Grants received

$2.4M

31 grants

EIN

460576111

Tax year

2024

Mission

Sonic guild builds communities to support the creation and performance of extraordinary new music.

Programs

2 programs

Artist grants: in 2024, black fret paid out $395,500 in grants to musicians.

Expenses: $396KGrants: $396K

Artist mentor program: led by a veteran music industry artist/manager, sonic guild taps into the expertise of scores of music industry experts and professional service providers to enable career development for our artists.

Expenses: $19K

Financials

FY 2024

Revenue

Contributions & grants$1.0M
Program service revenue$288K
Investment income
Other revenue
Total revenue$1.3M

Expenses

Grants paid$396K
Salaries & benefits$467K
Fundraising$238K
Other expenses$676K
Total expenses$1.5M
Total assets$553K
Net assets$534K

People

5 listed

NameRoleCompensation

COLIN KENDRICK

BOARD CHAIR & PRESIDENT

Board

$108K

40 hrs/wk

MATTHEW OTT

BOARD VICE-CHAIR & VICE PR

Board

$108K

40 hrs/wk

BEN LONDON

EXECUTIVE DIRECTOR

Board

$102K

40 hrs/wk

MATT MCDONNELL

TREASURER & SECRETARY

Board

2 hrs/wk

TRACIE VERLINDE

BOARD MEMBER

Board

2 hrs/wk

Grants received

Showing 31 of 31

FromAmountPurposeYear
$350K
TO FURTHER THE ORGANIZATION'S EXEMPT PURPOSE
2024
$62K
GENERAL SUPPORT
2024
$8K
GENERAL
2024
$450K
TO FURTHER THE ORGANIZATION'S EXEMPT PURPOSE
2023
$153K
For grant recipient's exempt purposes
2023
$5K
ANNUAL SUPPORT
2023
$200K
TO FURTHER THE ORGANIZATION'S EXEMPT PURPOSE
2022
$29K
For grant recipient's exempt purposes
2022
$21K
GENERAL SUPPORT
2022
$6K
GENERAL SUPPORT
2022
$150K
TO FURTHER THE ORGANIZATION'S EXEMPT PURPOSE
2021
$7K
ARTS, CULTURE & HUMANITIES
2021
$257K
For grant recipient's exempt purposes
2020
$19K
COVID-19 EMERGENCY RELIEF
2020
$19K
GENERAL CHARITABLE OPERATIONS
2020
$18K
WASHINGTON STATE COMMERCE NONPROFIT COMMUNITY RELIEF GRANT
2020
$12K
ARTS, CULTURE & HUMANITIES
2020
$43K
general Charitable Operation
2019
$24K
For grant recipient's exempt purposes
2019
$10K
For grant recipient's exempt purposes
2018

Funded by

$2.4M from 12 funders · 31 grants · 2018–2024

Bny Mellon Charitable Gift Fund

$1.1M · 4 grants · 2021–2024

Fidelity Investments Charitable Gift Fund

$472K · 5 grants · 2018–2023

Creative Arkansas Community Hub &

$305K · 2 grants · 2022–2023

American Online Giving Foundation Inc

$195K · 6 grants · 2019–2024

Austin Community Foundation Inc

$117K · 3 grants · 2020–2024

United Way Worldwide

$62K · 2 grants · 2019–2020

Artsfund

$23K · 2 grants · 2020–2022

Washington State Microenterprise

$21K · 2 grants · 2023–2024

Details

EIN460576111
NTEE codeA68
Subsection03
Ruling date2014-06
Formed2012
Employees7
Volunteers20
BLACK FRET SONIC GUILD — Mission, Financials & Grants Received | Grantivo