EIN 56-0729350

Brevard Music Center Incorporated (BMC)

IRS 501(c) type
501(c)(3)
Num. employees
268
City
Brevard
Year formed
1947
Most recent tax filings
2023-12-01
Description
The Brevard Music Center, a summer institute and festival, teaches gifted young musicians to prepare and perform great musical works at a high artistic level.
Also known as...
Brevard Music Center
Total revenues
$12,498,572
2023
Total expenses
$9,219,961
2023
Total assets
$67,385,532
2023
Num. employees
268
2023

Program areas at BMC

The Brevard Music Center Summer Institute and Festival is a prestigious annual event that provides young musicians with intensive training and performance opportunities. The programs offered-Bluegrass, Jazz, Orchestral Studies, Piano, Composition, Voice, and Opera-showcase a diverse and comprehensive curriculum designed to cater to students with varying musical interests and specialties. Each summer, the Center welcomes nearly 1,000 students who immerse themselves in rigorous training and masterclasses led by accomplished instructors and professional musicians. These students then apply their skills in a real-world context through approximately 50 public performances, including recitals, concerts, and fully staged productions, providing them with valuable performance experience. From June through August, BMC's active summer season draws in over 40,000 music enthusiasts, families, and supporters to witness a wide array of musical events. This period is not only an educational opportunity for participants but also a cultural highlight for audiences who attend the performances.

Who funds Brevard Music Center Incorporated (BMC)

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
The Pendergrast Family FoundationCharitable Donation$221,852
Schwab Charitable FundArts, Culture & Humanities$205,250
Community Foundation of Western North CarolinaAdvancing the Arts$200,504
...and 40 more grants received totalling $1,465,998

Personnel at BMC

NameTitleCompensation
Jason PosnockPresident and Chief Executive Officer$145,196
Keith ArbogastChief Financial Officer$147,780
Mark WeinsteinPresident and Chief Executive Officer$344,870
Dave PerrettDirector of Development$142,027
Keith LockhartArtistic Director
...and 4 more key personnel

Financials for BMC

RevenuesFYE 12/2023
Total grants, contributions, etc.$4,646,710
Program services$4,197,087
Investment income and dividends$1,008,846
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$89,187
Net gain from sale of non-inventory assets$2,369,949
Net income from fundraising events$-38,154
Net income from gaming activities$138,944
Net income from sales of inventory$28,726
Miscellaneous revenues$57,277
Total revenues$12,498,572

Form 990s for BMC

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-13990View PDF
2021-122022-11-14990View PDF
2020-122021-11-08990View PDF
2019-122021-04-01990View PDF
2018-122020-01-23990View PDF
...and 9 more Form 990s
Data update history
October 23, 2024
Received grants
Identified 3 new grant, including a grant for $25,000 from John and Carolyn Peterson Charitable Foundation
October 21, 2024
Updated personnel
Identified 7 new personnel
August 25, 2024
Received grants
Identified 13 new grant, including a grant for $100,000 from Emily and Bill Searcy Charitable TR Thomas Vann JR and Richard Mooney Ttee
May 18, 2024
Received grants
Identified 6 new grant, including a grant for $200,504 from Community Foundation of Western North Carolina
January 22, 2024
Posted financials
Added Form 990 for fiscal year 2022
Nonprofit Types
SchoolsArts, culture, and humanities nonprofitsPerforming arts organizationsPerforming arts centersHeadquarter / parent organizationsCharities
Issues
Arts, cultural, and humanities
Characteristics
Fundraising eventsState / local levelReceives government fundingEndowed supportCommunity engagement / volunteeringTax deductible donationsAccepts online donations
General information
Address
PO Box 312
Brevard, NC 28712
County
Transylvania County, NC
Website URL
brevardmusic.org/ 
Phone
(828) 862-2100
Facebook page
brevardmusiccenter 
Twitter profile
@brevardmusic 
IRS details
EIN
56-0729350
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1947
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
A6E: Performing Arts Schools
NAICS code, primary
7113: Promoters of Performing Arts, Sports, and Similar Events
Parent/child status
Independent
Free account sign-up

Want updates when BMC has new information, or want to find more organizations like Brevard Music Center Incorporated (BMC)?

Create free Cause IQ account