BERKELEY SOCIETY FOR THE PRESERVATION OF TRADITIONAL MUSIC

BERKELEY, CA, 94704-1104 (510) 548-7603 Est. 1984 EIN 94-2887073

A200 - Arts, Culture & Humanities 990 - Public charity return 501(c)(3)

www.freightandsalvage.org

Mission

THE FREIGHT & SALVAGE IS A NONPROFIT COMMUNITY ARTS ORGANIZATION DEDICATED TO PROMOTING PUBLIC AWARENESS AND UNDERSTANDING OF TRADITIONAL MUSIC - MUSIC THAT IS ROOTED IN AND EXPRESSIVE OF THE GREAT VARIETY OF REGIONAL, ETHNIC, AND SOCIAL CULTURES OF PEOPLES THROUGHOUT THE WORLD.

Financials

Total Revenue

$5,279,422

Total Expenses

$5,503,487

Net Assets

$16,844,240

76 employees 170 volunteers

From latest filing (tax period ending 2024-12-31)

Financial Health

Operating Reserve

3.1 years Healthy

Net assets / monthly expenses

Year-over-Year Change

Revenue ↑ 6.3%

Expenses ↓ 1.1%

Revenue Sources

Contributions 37.8% Earned revenue 55.5% Investment 2.4% Other 4.0%

Expense Breakdown

Program 63.8% Management 29.1% Fundraising 7.0%

Officers & Key Employees (19)

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Grants Received (92)

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Filing History (6 filings)

Year	Revenue	Expenses	Net Assets
2024 990 - Public charity return Jan 1, 2024 to Dec 31, 2024	$5,279,422 ↑	$5,503,487	$16,844,240
2023 990 - Public charity return Jan 1, 2023 to Dec 31, 2023	$4,967,707 ↓	$5,567,265	$17,068,312
2022 990 - Public charity return Jan 1, 2022 to Dec 31, 2022	$5,176,422 ↑	$4,591,141	$17,677,355
2020 990 - Public charity return Jan 1, 2020 to Dec 31, 2020	$2,623,995 ↓	$2,449,562	$15,104,499
2019 990 - Public charity return Jan 1, 2019 to Dec 31, 2019	$4,840,452 ↓	$4,550,356	$14,930,583
2018 990 - Public charity return Jan 1, 2018 to Dec 31, 2018	$5,020,456	$4,350,531	$14,640,336