2023-09-27T14:09:07-05:00 2022-12-31 381357951 PLANTE & MORAN PLLC 8181 E TUFTS AVE SUITE 600 DENVER CO 80237 990 2022-01-01 840781725 SWALLOW HILL MUSIC ASSOCIATION SWAL 3037771003 71 EAST YALE AVE DENVER CO 80210 WALT DEHAVEN CEO 3037771003 2023-09-12 1 WALT DEHAVEN 999009999 1 RYAN C HARRIS P00614618 3037409400 2023-09-12 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z AENGUS FINNAN 71 EAST YALE AVE DENVER CO 80210 3978691 0 X WWW.SWALLOWHILLMUSIC.ORG X 1979 CO BRINGING THE JOY OF MUSIC TO LIFE EVERY DAY. 10 10 97 90 0 0 5460599 1519086 906064 2339321 18257 20074 18040 79052 6402960 3957533 12229 14754 0 0 1518062 2171155 0 0 447231 721120 2139163 2251411 4325072 4151549 -367539 6215784 5658881 456017 390371 5759767 5268510 X SWALLOW HILL, FOUNDED IN 1979 AS A NON-PROFIT MUSIC ORGANIZATION, BRINGS LIFE TO CONCERTS, CLASSES AND COMMUNITY ACROSS METRO DENVER. CONTINUED ON SCHEDULE OSWALLOW HILL IS HOME TO THE COUNTRY'S SECOND LARGEST ACOUSTIC MUSIC SCHOOL WITH 60 FACULTY MEMBERS HOSTING MORE THAN 23,000 VISITS ANNUALLY; PRODUCING OVER 100 CONCERTS BRINGING TOGETHER MORE THAN 55,000 CONCERT GOERS EACH YEAR; AND THROUGH COMMUNITY OUTREACH PROGRAMS CREATING MORE THAN 55,000 MUSICAL CONNECTIONS IN UNDER-SERVED COMMUNITIES WORKING IN MORE THAN 50 SCHOOLS AND COMMUNITY ORGANIZATIONS. SWALLOW HILL BRINGS TOGETHER PEOPLE OF ALL AGES TO LEARN ABOUT, LISTEN TO, AND PERFORM MUSIC. 0 0 806177 14754 38944 AS THE COUNTRY'S SECOND LARGEST ACOUSTIC MUSIC SCHOOL, THE START OF 2022 WAS FULL OF ITS UPS AND DOWNS. THE NEW YEAR KICKED OFF WITH AN INSURGENT OF A NEW COVID-19 VARIANT, AND PEOPLE WERE UNDERSTANDABLY HESITANT TO RETURN IN-PERSON FOR PROGRAMMING. WE DEALT WITH THOSE CHALLENGES BY CONTINUING TO OFFER ONLINE CLASSES AND PRIVATE LESSONS. AS THE YEAR PROGRESSED, WE SAW MORE PEOPLE START TO EMERGE AND RETURN IN-PERSON WHICH REQUIRED SWALLOW HILL TO HIRE MORE TEACHERS, CREATE MORE PROGRAMS AND OFFERINGS, AND CONFIGURE THE SCHEDULE TO ACCOMMODATE IT ALL. BY THE END OF THE YEAR, WE HAD GROWN TO 42 TEACHERS AND HAD OFFERED OVER 600 PROGRAMS TO OVER 13000 UNIQUE STUDENTS CONSISTING OF CLASSES, WORKSHOPS, AND PRIVATE LESSONS TO ESTABLISH MORE THAN 23,000 MUSICAL CONNECTIONS. 1902476 1607776 IN 2022, SWALLOW HILL MUSIC PRODUCED 100 CONCERTS BETWEEN THE THREE VENUES AT OUR YALE LOCATION AND OFFSITE THROUGHOUT DENVER IN ADDITION TO EIGHT SHOWS FOR THE SUMMER CONCERT SERIES AND TWELVE EVENINGS AL FRESCO AT THE DENVER BOTANIC GARDENS. WE ALSO PARTNERED WITH ORGANIZATIONS SUCH AS THE CLYFFORD STILL MUSEUM TO BOOK AND PROMOTE FIVE MUSICAL ACTS FOR THEIR EVENTS AND RIDGEFEST WHERE WE BOOKED FIVE BANDS TO PERFORM FOR AT THE LOCAL FESTIVAL. IN TOTAL, THROUGH CONCERT PROGRAMMING, SWALLOW HILL MADE OVER 55,000 MUSICAL CONNECTIONS. OUR CONCERTS HIGHLIGHTED INTERNATIONAL, NATIONAL, AND LOCAL MUSICIANS. IN 2022, WE INCREASED OUR COMMITMENT TO NURTURE OUR HOMEGROWN TALENT BY SHOWCASING LOCAL MUSIC IN THE DENVER METRO AREA, AND GROWING BIPOC, FEMME, LGBTQ+ AND DISABLED ARTISTS' AUDIENCE. 425749 692601 TO MAKE MUSIC MORE ACCESSIBLE ACROSS OUR CITY AND STATE, WE OFFER MUSIC EDUCATION AND PROGRAMS IN UNDER-RESOURCED COMMUNITIES. OUR PROGRAMMING INCLUDES LITTLE SWALLOWS, EARLY CHILDHOOD EDUCATION (ECE) INFUSED WITH MUSIC FOR PRESCHOOLERS, WHERE SWALLOW HILL PARTNERS WITH SCHOOLS AND ORGANIZATIONS WHO HAVE A MAJORITY OF STUDENTS THAT QUALIFY FOR FREE AND REDUCED-PRICED LUNCH AND/OR HEADSTART SUPPORT, AND HAVE HIGH DIVERSITY AMONG STUDENTS. WE STARTED 2022 IN 13 SCHOOLS AND BY THE END OF THE YEAR, WE HAD PARTNERED WITH 22 SCHOOLS AND HAD TAUGHT 2,538 CLASSES. OUR OUTREACH PROGRAMMING ALSO INCLUDES WORKSHOPS AND INTERACTIVE PERFORMANCES IN K-12 SCHOOLS, AND MUSIC THERAPY FOR OUR AGING POPULATION, VETERANS, AND PEOPLE LIVING WITH DEVELOPMENTAL OR MENTAL HEALTH CHALLENGES. 3134402 1 1 0 0 0 0 0 0 0 1 1 0 0 1 0 0 1 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 69 0 1 97 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 10 10 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 X KOME MULLER 3037771003 71 EAST YALE AVE DENVER CO 80210 GEORGE LYFORD MEMBER 1.00 X 0 0 0 TRACY ZABEL MEMBER 1.00 X 0 0 0 JIM LEONARD MEMBER 2.00 X 0 0 0 WALT DEHAVEN CHAIR 2.00 X X 0 0 0 LORI FOX MEMBER SECRETARY 1.00 X X 0 0 0 KYLE HARRIS TREASURER 2.00 X X 0 0 0 DAVE RATNER VICE CHAIR 2.00 X X 0 0 0 GRACE HANOVER MEMBER 1.00 X 0 0 0 GAVIN O'TOOLE MEMBER 1.00 X 0 0 0 ROB SILK MEMBER 1.00 X 0 0 0 AENGUS FINNAN CEO (TERM BEGIN 10/22) 40.00 X 41000 0 625 KOME MULLER CFO 40.00 X 96215 0 114 JESSICA CLARK COO 40.00 X 122526 0 9360 259741 0 10099 1 0 0 0 0 86197 12516 1036875 383498 22791 1519086 TICKET SALES 711300 1607776 1607776 TUITION 711130 692601 692601 STUDIO FEES 722210 29868 29868 FOOD AND BEVERAGE 722210 6286 6286 MERCHANDISE 711300 2790 2790 2339321 20074 20074 20140 0 20140 20140 20140 23550 12516 21158 2392 2392 OTHER EVENT INCOME 711300 46541 46541 MUSIC IN THE GARDENS 541800 8000 8000 OTHER INCOME 532000 1979 1979 56520 3957533 2387841 0 50606 14754 14754 139061 35584 89341 14136 1718891 1082419 371463 265009 160396 94372 42872 23152 152807 91684 38202 22921 263498 242952 20546 40192 40192 3506 3506 92186 92186 79354 79354 53756 37662 9379 6715 160632 128506 32126 79033 52143 16609 10281 9772 8697 977 98 814 814 7080 4673 1487 920 72798 48049 15286 9463 67737 44706 14225 8806 CONTRACT PERFORMERS 542601 542601 FACILITY RENTAL 389911 389911 DUES AND SUBSCRIPTIONS 109640 109640 MERCHANT & BANK FEES 94729 94729 71924 18320 53604 4325072 3134402 743439 447231 3908716 3354173 31505 31509 359106 362524 30108 29385 5057 0 8852 11204 1934261 1134337 732962 799924 786773 690396 352705 379766 6215784 5658881 134761 143912 144496 102323 176760 144136 456017 390371 X 5056864 4695200 702903 573310 5759767 5268510 6215784 5658881 X -367539 -113518 -10200 X 0 1 X 1 0 X 1323036 1643216 1652266 5460599 1519086 11598203 4365913 4958666 764613 906104 2387841 13383137 5688949 6601882 2416879 6366703 3906927 24981340 0 0 0 24981340 33587 22477 28403 38928 40214 163609 33587 22477 28403 38928 40214 163609 2392 2392 8000 8000 5722536 6624359 2445282 6405631 3957533 25155341 0.99310 0.99370 0.00650 0.00630 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: OTHER INCOME - 2022 AMOUNT: $ 8,000. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 66467 -10775 3164 574 51954 63749 6330 2955 657 66467 59622 7601 2894 580 63749 53928 9079 2803 582 59622 60133 -2862 2744 599 53928 1.00000 1 0 115192 115192 1227806 821631 406175 591263 312706 278557 799924 BENEFICIAL INTEREST 51954 CONSTRUCTION IN PROGRESS 327812 379766 3769057 -113518 7106 -10200 -116612 3885669 71864 71864 3957533 4260314 7106 7106 4253208 3506 68358 71864 4325072 PART XI, LINE 2D - OTHER ADJUSTMENTS: INVESTMENT RETURN ON BENEFICIAL INTEREST IN ASSETS HELD BY OTHERS -10,200. PART XI, LINE 4B - OTHER ADJUSTMENTS: TUITION ASSISTANCE 14,754. FUNDRAISING EVENT EXPENSES 53,604. INVESTMENT MANAGEMENT FEES 3,506. PART XII, LINE 4B - OTHER ADJUSTMENTS: TUITION ASSISTANCE 14,754. FUNDRAISING EVENT EXPENSES 53,604. ONE EPIC NIGHT 36033 12516 23517 4481 7300 9377 36033 12516 23517 4481 7300 9377 21158 2359 1 TUITION ASSISTANCE 34 14754 N/A N/A PART I, LINE 2: THE SCHOOL PROGRAMS MANAGER IS RESPONSIBLE FOR THE TUITION ASSISTANCE PROGRAM. AN APPLICATION IS REQUIRED FOR TUITION ASSISTANCE ELIGIBILITY. APPLICATIONS ARE REVIEWED AND AWARD AMOUNT IS BASED ON FINANCIAL NEED OF THE APPLICANT. FORM 990, PART VI, SECTION B, LINE 11B THE FINANCE COMMITTEE REVIEWS A DRAFT OF THE 990 PRIOR TO THE BOARD. THEN A DRAFT OF THE 990 IS MADE AVAILABLE TO THE ENTIRE BOARD PRIOR TO FILING THE RETURN. FORM 990, PART VI, SECTION B, LINE 12C EACH YEAR ALL SWALLOW HILL BOARD MEMBERS SIGN A CONFLICT OF INTEREST POLICY. ALL STAFF MEMBERS SIGN A CONFLICT OF INTEREST POLICY WHEN THEY BEGIN EMPLOYMENT AT SWALLOW HILL AND RE-SIGN EVERY TIME THE EMPLOYEE MANUAL IS UPDATED. FORM 990, PART VI, SECTION B, LINE 15A SWALLOW HILL MUSIC DETERMINES THE COMPENSATION FOR THE CEO BY 1) CONSULTING COMPARABLE SALARY DATA OBTAINED FROM VARIOUS SOURCES, INCLUDING BUT NOT LIMITED TO, MOUNTAIN STATES EMPLOYERS COUNCIL, THE COLORADO NONPROFIT ASSOCIATION AND FORM 990'S OF OTHER ORGANIZATIONS 2) REVIEWING PERFORMANCE METRICS AS THEY RELATE TO THE STRATEGIC PLAN AND GOALS AGREED UPON BY THE BOARD OF DIRECTORS AND THE CEO 3) SOLICITING AND ANALYZING FEEDBACK ANNUALLY FROM THE BOARD OF TRUSTEES, SWALLOW HILL STAFF AND COMMUNITY PARTNERS 4)THROUGH DISCUSSIONS CONDUCTED BY BOTH THE EXECUTIVE COMMITTEE AND BOARD OF DIRECTORS. MINUTES OF THE BOARD OF DIRECTORS REFLECT THESE PRACTICES. FORM 990, PART VI, SECTION C, LINE 19 SWALLOW HILL MUSIC ASSOCIATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND ALL MONTHLY AND ANNUAL FINANCIAL STATEMENTS AVAILABLE UPON REQUEST FROM THE EXECUTIVE DIRECTOR'S AND ACCOUNTING OFFICES. THE FINANCIAL STATEMENTS ARE ALSO RECEIVED MONTHLY BY THE FINANCE COMMITTEE AND THE BOARD OF DIRECTORS. SIX YEARS OF AUDITED FINANCIAL STATEMENTS AND 990'S ARE POSTED ON THE SWALLOW HILL WEBSITE. FORM 990, PART XI, LINE 9: INVESTMENT RETURN ON BENEFICIAL INTEREST IN ASSETS HELD BY OTHERS -10,200.