2018-11-15T15:54:28-06:00 2017-12-31 464064364 ERICKSON DEMEL & CO PLLC 7800 N MOPAC SUITE 105 AUSTIN TX 78759 990 2017-01-01 460576111 BLACK FRET BLAC 5126569312 PO BOX 29628 AUSTIN TX 78755 COLIN KENDRICK PRESIDENT 5126569312 2018-11-15 ROBIN C DEMEL P01080305 5124828682 97.77.193.62 2018-11-15 15:51:33 CS P 86A62AF12EDECB79A8C8361BBC4C8D81FC6A8DF5 86A62AF12EDECB79A8C8361BBC4C8D81FC6A8DF5 2017 2019-02-21 02:37:17Z COLIN KENDRICK PO BOX 29628 AUSTIN TX 78755 731341 0 X WWW.BLACKFRET.ORG X 2012 TX OUR MISSION IS TO EMPOWER MUSICIANS TO CREATE AND PERFORM NEW MUSIC. 3 3 0 62 0 0 449750 544244 182253 187097 0 0 0 0 632003 731341 145700 231800 0 0 30000 32000 0 0 0 359458 462657 535158 726457 96845 4884 247571 252455 0 0 247571 252455 OUR MISSION IS TO EMPOWER MUSICIANS TO CREATE AND PERFORM NEW MUSIC. 0 0 386179 187097 PERFORMANCES: BLACK FRET HOSTED 26 PERFORMANCES IN A VARIETY OF VENUES ACROSS AUSTIN WHICH FEATURED 20 BANDS (TOTALING 76 MUSICIANS) IN OUR POOL OF 2018 NOMINEES. 231800 231800 ARTIST GRANTS: IN 2017, BLACK FRET AWARDED $230,000 IN GRANTS THAT WE WILL PAY OUT DURING THE 2018 CALENDAR YEAR BASED UPON NEW SONGS, PERFORMANCES, AND COMMUNITY SERVICE PROVIDED BY OUR GRANT RECIPIENTS. 5000 ARTIST MENTOR PROGRAM: BLACK FRET'S ADVISORY BOARD OF 32 MUSIC INDUSTRY EXPERTS PROVIDED MENTORING TO OUR 76 MUSICIAN NOMINEES THROUGHOUT THE 2017 CALANDAR YEAR. 622979 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 78 0 1 0 0 0 0 0 0 1 1 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 20000 0 0 MATTHEW OTT BOARD VICE-CHAIR & VICE PR 25.00 X X 12000 0 0 KERRY EDWARDS BOARD TREASURER & SECRETAR 8.00 X X 0 0 0 32000 0 0 0 0 0 0 0 431186 25754 87304 544244 EVENT FEES 711300 107797 107797 SPONSORSHIPS 711300 61000 61000 NEW MEMBER FEES 711300 18300 18300 187097 731341 187097 0 0 231800 231800 32000 32000 58500 27000 31500 29000 6000 23000 16500 13500 3000 9975 9975 3143 3143 EVENT EXPENSES 244893 244893 ARTIST PERFORMANCES 58878 58878 MERCHANT FEES 12951 12951 STATIONERY & PRINTING 12325 12325 16492 2514 13978 726457 622979 103478 0 247571 252455 247571 252455 0 0 X 247571 252455 247571 252455 247571 252455 4884 0 X 0 0 0 X 155059 417796 632003 776045 1980903 155059 417796 632003 776045 1980903 8000 7500 4500 3550 23550 0 8000 7500 4500 3550 23550 1957353 155059 417796 632003 776045 1980903 X 1 FINANCIAL GRANT 20 231800 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 1099 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