2025-11-14T15:02:13-08:00 2024-12-31 680260103 REGALIA BERGER & BERGER CPAS 103 TOWN COUNTRY DR STE K DANVILLE CA 94526 990 2024-01-01 770387306 Carmel Bach Festival Foundation Inc CARM 8316241521 PO Box 575 Carmel CA 93921 Nathan Lutz Exec. Director 8316241521 2025-11-14 true true Douglas W Regalia P00186389 9253140390 2024 2025-03-06 01:10:19Z Cyril Yansouni PO Box 575 Carmel CA 93921 1013584 false X www.bachfestival.org X 1961 CA The purpose of the Foundation is to develop, hold, manage, and distribute endowment funds for the Carmel Bach Festival, Inc. Additionally, the Foundation receives restricted contributions on behalf of the Festival. 8 8 0 10 0 577761 0 229440 435823 0 229440 1013584 0 0 0 0 0 987857 1014359 987857 1014359 -758417 -775 6683808 6933423 337188 164131 6346620 6769292 Investment earnings and contributions released from restrictions are transferred to the Carmel Bach Festival in accordance with all legal and accounting stipulations. false false 988000 program expenditures represent funds DISBURSED TO THE CARMEL BACH FESTIVAL FOR THE PURPOSE OF SUPPLEMENTING THE OPERATING ACTIVITIES OF THE FESTIVAL and to reimburse the Festival for certain operating expenses. 988000 true true false false false false false false false true false false false false true false false false false false false false false false false false false false false false false false false false false false false false false false false false false true false false false true 0 0 true 0 false false false false false false false 0 false false false false false false false X 8 8 false false false false false false false true true false false true true true true true true true true false CA X X Nathan Lutz 8316241521 PO Box 575 Carmel CA 93921 X Cyril Yansouni President 1.00 0.00 X X 0 0 0 Debi Kennedy Treasurer 1.00 0.00 X X 0 0 0 Alan Lacy Secretary 1.00 0.00 X X 0 0 0 John Young Vice President 1.00 0.00 X X 0 0 0 Jack Eugster Director 1.00 0.00 X 0 0 0 Bob Axley Director 1.00 0.00 X 0 0 0 Sandi Borthwick Exofficio 1.00 0.00 X 0 0 0 William Sharpe Director 1.00 0.00 X 0 0 0 Nathan Lutz Exec. Director 1.00 0.00 X 0 0 0 0 false false false 0 577761 577761 0 435823 435823 0 0 0 0 0 0 0 0 1013584 435823 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 26359 26359 0 0 0 0 0 0 0 0 0 0 988000 988000 0 0 0 1014359 988000 26359 0 0 249815 330564 0 0 0 0 0 0 0 0 6433993 6602859 0 0 0 0 6683808 6933423 337188 164131 337188 164131 X -701327 414758 7047947 6354534 6346620 6769292 6683808 6933423 X -775 250390 173057 X false false false X X 1 Carmel Bach Festival 941434628 10 false 988000 0 1 988000 0 true false false false false false false false false false false false false false false true false Part I: Additional Information The Carmel Bach Foundation was established to support the Carmel Bach Festival [a 501(c)(3) public charity] by providing ongoing funding through earnings from an investment portfolio created through permanently restricted contributions from Foundation and Festival supporters. Part I, Line 12f: Supported Org Not Named in Organizing Documents RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 6683809 577761 656213 950000 35487 6932296 6689335 974775 954000 26301 6683809 8211516 -1144779 350000 27402 6689335 7347660 915675 24182 27637 8211516 6541044 3101 831897 3893 24489 7347660 0.08330 0.82290 0.09380 false false false Interfund liability 164131 164131 Part V, Line 4: Intended uses of the endowment fund. All of the endowment funds classified as permanently restricted net assets, represent donor contributions that are subject to restrictions of gift instruments requiring that the principal balances be maintained in perpetuity. By law, the Foundation is permitted to transfer all interest and realized/unrealized gains to unrestricted net assets. During the year ended December 31, 2022, the Foundation utilized investment earnings generated by assets classified as permanently restricted and transferred an approved draw to the Carmel Bach Festival (a related organization). Form 990, Part VI, Section B, Line 11b Form 990 is prepared by an outside tax professional. The form is then reviewed by the organization's management. After a full review, the final version of the tax return is provided to all members of the organization's voting body. A representative of management authorizes the final form 990 which is then e-filed with the internal revenue service. Form 990, Part VI, Section B, Line 12c Members of the Board of Directors review all potential conflicts of interest periodically. Top management and all Board members are required to disclose potential conflicts and any related party affiliations. The organization seeks full transparency on all relationships. Any potential conflicts (in fact or appearance) are discussed openly and resolved in accordance with the organization's policies and procedures. Form 990, Part VI, Section B, Line 15a The Foundation has no employees. Form 990, Part VI, Section B, Line 15b The Foundation has no employees. Form 990, Part VI, Section C, Line 19 All of the organization's governing documents, financial statements, and other legal filings are maintained in a secure environment and held available for inspection by tax authorities and the general public. Tax returns are posted annually to our website and to www.guidestar.org (where they are available for viewing as electronic copies) and are also available by request from the organization's office. Form 990, Part XI, Line 9 Intercompany transactions (net) = $173057 Carmel Bach Festival Inc PO Box 575 Carmel CA 93921 941434628 Festival [supported org] CA 501c3 Section 509(a)(2) Carmel Bach Festival Inc false false true false true true false false false false false false false false true true true false false false Carmel Bach Festival Inc b 988000 Board Vote Carmel Bach Festival Inc d 69734 actual cost Carmel Bach Festival Inc e 233865 actual cost