2020-11-13T12:47:09-06:00 2019-12-31 464064364 ERICKSON DEMEL & CO PLLC 7800 N MOPAC SUITE 105 AUSTIN TX 78759 990 2019-01-01 460576111 BLACK FRET BLAC 5126569312 PO BOX 29628 AUSTIN TX 78755 COLIN KENDRICK PRESIDENT 5126569312 2020-11-13 ROBIN C DEMEL P01080305 5124828682 97.77.193.62 2020-11-13 12:45:33 CS P 129EAD9F83CC55698039248A6172D235A59F8454 42BF2EC3A4225152C89ADCD32D9D5A128EABB870 2019 2021-01-29 14:40:06Z COLIN KENDRICK PO BOX 29628 AUSTIN TX 78755 1179928 0 X WWW.BLACKFRET.ORG X 2012 TX OUR MISSION IS TO EMPOWER MUSICIANS TO CREATE AND PERFORM NEW MUSIC. 3 3 2 27 0 0 742223 837343 261567 342585 0 0 0 0 1003790 1179928 238975 298450 0 0 73202 58131 0 0 0 654475 716485 966652 1073066 37138 106862 291957 396455 2364 0 289593 396455 OUR MISSION IS TO EMPOWER MUSICIANS TO CREATE AND PERFORM NEW MUSIC. 0 0 589453 342585 PERFORMANCES: BLACK FRET HOSTED 38 PERFORMANCES IN A VARIETY OF VENUES ACROSS AUSTIN WHICH FEATURED 67 BANDS TOTALING 283 MUSICIANS. 298450 298450 ARTIST GRANTS: IN 2019, BLACK FRET PAID OUT $298,450 IN GRANTS TO ARTISTS AND AWARDED $250,000 IN GRANTS THAT WE WILL PAY OUT DURING THE 2020 CALENDAR YEAR BASED UPON ARTISTS' NEW SONGS, PERFORMANCES, AND COMMUNITY SERVICE PROVIDED BY OUR GRANT RECIPIENTS. 12134 ARTIST MENTOR PROGRAM: BLACK FRET'S ADVISORY BOARD OF 38 MUSIC INDUSTRY EXPERTS PROVIDED MENTORING TO OUR 95 MUSICIAN NOMINEES THROUGHOUT THE 2019 CALENDAR YEAR. 900037 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 107 0 1 2 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 X 3 3 0 0 0 0 0 0 0 1 1 0 0 1 1 1 0 0 0 0 1 0 X X THE ORGANIZATION 5126569312 PO BOX 29628 AUSTIN TX 78755 COLIN KENDRICK BOARD CHAIR & PRESIDENT 25.00 X X 27000 0 0 MATTHEW OTT BOARD VICE-CHAIR & VICE PR 25.00 X X 27000 0 0 KERRY EDWARDS BOARD TREASURER & SECRETAR 8.00 X X 0 0 0 54000 0 0 0 0 0 0 0 521477 315866 837343 SPONSORSHIPS 711300 175636 175636 EVENT FEES 711300 131749 131749 NEW MEMBER FEES 711300 35200 35200 342585 1179928 342585 0 0 298450 298450 54000 54000 4131 4131 18323 18323 35799 2999 32800 58299 19731 38568 60135 60135 8513 8513 5464 5004 460 EVENT EXPENSES 400615 400615 ARTIST PERFORMANCES 81550 81550 MERCHANT FEES 18137 18137 STATIONERY & PRINTING 11728 11728 17922 1688 16234 1073066 900037 173029 0 291957 396455 291957 396455 2364 0 2364 0 X 289593 396455 289593 396455 291957 396455 106862 0 X 0 0 0 X 417796 632003 776045 1003790 1179928 4009562 417796 632003 776045 1003790 1179928 4009562 7500 4500 3550 1500 1500 18550 0 7500 4500 3550 1500 1500 18550 3991012 417796 632003 776045 1003790 1179928 4009562 0.99540 0.99160 0.00000 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1 FINANCIAL GRANT 67 298450 CASH BASIS PART I, LINE 2: BLACK FRET DISTRIBUTES GRANT DOLLARS UPON THE SUBMISSION OF EVIDENCE OF THE COMPLETION OF SPECIFIC DELIVERABLES SUPPORTING OUR CHARITABLE MISSION OF THE CREATION AND PERFORMANCE OF NEW MUSIC AND THE PROVISION OF COMMUNITY SERVICE. THE PROGRAM IS ADMINISTERED BY A GRANT ADMINISTRATOR WHO RECEIPTS AND REVIEWS SUBMITTED DELIVERABLES AND SEEKS APPROVAL FROM TREASURER PRIOR TO DISBURSEMENT OF GRANT FUNDS. FORM 990, PART VI, SECTION B, LINE 11B EACH OFFICER IS PROVIDED WITH A COPY OF THE TAX RETURN TO REVIEW BEFORE FILING. FORM 990, PART VI, SECTION B, LINE 15B BLACK FRET COMPENSATES ITS PRESIDENT, COLIN KENDRICK, AND VICE PRESIDENT, MATT OTT, FOR THE ONGOING DAILY MANAGEMENT OF THE OPERATIONS OF THE ORGANIZATION. THESE ARE OPERATIONAL ROLES AND DISCRETE IN THEIR NATURE FROM THOSE OF THE BOARD SEATS OF CHAIR AND VICE-CHAIR FILLED BY THESE INDIVIDUALS. COMPENSATION WAS DETERMINED BY (1) THE INDEPENDENT PERSONS OF KERRY EDWARDS (TREASURER) AND DENNIS KUBACAK (CFO), (2) A REVIEW OF COMPARABILITY DATA AS PRESENTED IN GUIDESTAR'S "2015 NONPROFIT COMPENSATION REPORT, 15TH EDITION", AND (3) CONTEMPORANEOUS SUBSTANTIATION BY BLACK FRET'S SUBMISSION OF FORM W-2 FOR EACH COMPENSATED INDIVIDUAL. COMPENSATION IS APPROVED BY THE BOARD OF DIRECTORS WITH THE DIRECTORS RECEIVING COMPENSATION BEING EXCLUDED FROM THE VOTE. FORM 990, PART VI, SECTION C, LINE 19 AVAILABLE UPON REQUEST