REDTONE RECORDS: Form 990, tax year 2021

View the entire original 990 at ProPublica ↗

Organization
REDTONE RECORDS (EIN 83-1901032)
Tax period
2021-01-01 to 2021-12-31
Filed
2022-11-14
IRS object ID
202213189349319826
Schema version
2021v4.0
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2022-11-14T21:43:17-05:00ReturnTs
Tax Period End2021-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1SOZO CONSULTINGBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1573 PALO ALTO AVENUEAddressLine1Txt
CityMOUNTAIN VIEWCityNm
State AbbreviationCAStateAbbreviationCd
ZIP94041ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2021-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN831901032EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1REDTONE RECORDSBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlREDTBusinessNameControlTxt
Phone6509062464PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1321 BELL STREETAddressLine1Txt
CityEAST PALO ALTOCityNm
State AbbreviationCAStateAbbreviationCd
ZIP94303ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonJUSTIN PHIPPSPersonNm
Person TitleED/PRES/BOARDPersonTitleTxt
Phone6509062464PhoneNum
Signature2022-11-14SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstJUSTINPersonFirstNm
Person LastPHIPPSPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonJOSHUA M CANTWELLPreparerPersonNm
PTINP01498460PTIN
Phone6509067272PhoneNum
Preparation2022-11-14PreparationDt
Self EmployedYes (X)SelfEmployedInd
FieldValueIRS element (for citing)
Tax2021TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerJUSTIN PHIPPSPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1321 BELL STREETAddressLine1Txt
CityEAST PALO ALTOCityNm
State AbbreviationCAStateAbbreviationCd
ZIP94303ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$301,575GrossReceiptsAmt
Group Return For AffiliatesfalseGroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.REDTONERECORDS.COMWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2018FormationYr
Legal Domicile StateCALegalDomicileStateCd
Activity Or MissionREDTONE RECORDS IS AS A NONPROFIT, COMMUNITY-BASED RECORD LABEL AND RECORDING STUDIO THAT PROVIDES FREE, PROFESSIONAL MUSIC AND VIDEO PRODUCTION TO CULTURAL ARTISTS WITH POSITIVE MESSAGES. WE HAVE A SPECIFIC FOCUS ON PRESERVING AND PROMOTING VARIOUS FORMS OF TRADITIONAL AND ROOTS MUSIC FROM AROUND THE WORLD. ADDITIONALLY WE WILL BE CONDUCTING REGULAR YOUTH SONGWRITING COMPETITIONS, INCENTIVIZING POSITIVE LYRICAL CONTENT FROM YOUNG, ASPIRING, COMMUNITY ARTISTS. OUR ACTIVITIES INCLUDE: IDENTIFYING AND RECRUITING ARTISTS, BOTH LOCALLY AND INTERNATIONALLY; SUBSIDIZING TRAVEL AND LODGING EXPENSES FOR ARTIST RESIDENCIES WHEN APPLICABLE; OPERATING A COMMUNITY-BASED RECORDING STUDIO; PRODUCING MUSIC AND VIDEO; HOSTING AND PROMOTING CONCERTS, FESTIVALS AND SIMILAR ACTIVITIES; PURSUING SONG PLACEMENTS IN TV, FILM, ADVERTISING, ETC.; MARKETING AND PROMOTION OF REDTONE ARTISTS; SUBMITTING REDTONE PRODUCTIONS TO MAJOR ARTISTS FOR POSSIBLE PROGRAM REVENUE TO FUND REDTONE ACTIVITIES. REDTONE'S MISSIOActivityOrMissionDesc
Voting Members Governing Body3VotingMembersGoverningBodyCnt
Voting Members Independent2VotingMembersIndependentCnt
Total Employee0TotalEmployeeCnt
Total Gross UBI$0TotalGrossUBIAmt
CY Contributions Grants$269,286CYContributionsGrantsAmt
CY Program Service Revenue$32,289CYProgramServiceRevenueAmt
CY Investment Income$0CYInvestmentIncomeAmt
CY Other Revenue$0CYOtherRevenueAmt
CY Total Revenue$301,575CYTotalRevenueAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
CY Salaries Comp Emp Bnft Paid$66,185CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$41,026CYTotalFundraisingExpenseAmt
CY Other Expenses$256,244CYOtherExpensesAmt
CY Total Expenses$322,429CYTotalExpensesAmt
CY Revenues Less Expenses-$20,854CYRevenuesLessExpensesAmt
Total Assets BOY$73,517TotalAssetsBOYAmt
Total Assets EOY$100,047TotalAssetsEOYAmt
Total Liabilities BOY$48,692TotalLiabilitiesBOYAmt
Total Liabilities EOY$96,076TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$24,825NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$3,971NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionREDTONE RECORDS IS AS A NONPROFIT, COMMUNITY-BASED RECORD LABEL AND RECORDING STUDIO THAT PROVIDES FREE, PROFESSIONAL MUSIC AND VIDEO PRODUCTION TO CULTURAL ARTISTS WITH POSITIVE MESSAGES. WE HAVE A SPECIFIC FOCUS ON PRESERVING AND PROMOTING VARIOUS FORMS OF TRADITIONAL AND ROOTS MUSIC FROM AROUND THE WORLD. ADDITIONALLY WE WILL BE CONDUCTING REGULAR YOUTH SONGWRITING COMPETITIONS, INCENTIVIZING POSITIVE LYRICAL CONTENT FROM YOUNG, ASPIRING, COMMUNITY ARTISTS. OUR ACTIVITIES INCLUDE: IDENTIFYING AND RECRUITING ARTISTS, BOTH LOCALLY AND INTERNATIONALLY; SUBSIDIZING TRAVEL AND LODGING EXPENSES FOR ARTIST RESIDENCIES WHEN APPLICABLE; OPERATING A COMMUNITY-BASED RECORDING STUDIO; PRODUCING MUSIC AND VIDEO; HOSTING AND PROMOTING CONCERTS, FESTIVALS AND SIMILAR ACTIVITIES; PURSUING SONG PLACEMENTS IN TV, FILM, ADVERTISING, ETC.; MARKETING AND PROMOTION OF REDTONE ARTISTS; SUBMITTING REDTONE PRODUCTIONS TO MAJOR ARTISTS FOR POSSIBLE PROGRAM REVENUE TO FUND REDTONE ACTIVITIES. REDTONE'S MISSIOMissionDesc
Significant New Program SrvcfalseSignificantNewProgramSrvcInd
Significant ChangefalseSignificantChangeInd
Expense$261,924ExpenseAmt
Revenue$32,289RevenueAmt
DescIN 2021, WE WERE ABLE TO SUCCESSFULLY BUILD UPON OUR MOMENTUM FROM 2020. COVID STILL HAD A BIG IMPACT ON LIVE MUSIC IN THE FIRST HALF OF THE YEAR. INSTEAD WE DID SEVERAL LIVESTREAM CONCERTS FOR VIRTUAL AUDIENCES, SOMETHING WE HAD NEVER ATTEMPTED BEFORE. THESE VIRTUAL CONCERTS ENDED UP BEING A GREAT WAY TO RAISE AWARENESS FOR OUR LABEL AND OUR ARTISTS, AND TO PROMOTE OUR MUSIC AND MESSAGE TO A WIDER (EVEN GLOBAL) AUDIENCE. WE WERE ALSO ABLE TO CONTINUE OUR EAST PALO ALTO MUSIC IN THE PARK WORKSHOPS FEATURING CONGOLESE DANCE ACCOMPANIED BY LIVE MUSIC FEATURING NIGERIAN AND CONGOLESE/CONGOLESE AMERICAN ARTISTS AND MUSICIANS. IN THE SUMMER WE HAD OUR FIRST OFFICIAL TOUR DATES WITH OUR LEAD ARTIST MIKO MARKS. THIS WAS A SIGNIFICANT MOVE IN RAISING AWARENESS ABOUT REDTONE ACROSS THE COUNTRY AND ATTRACTING MORE SUPPORTERS. THESE TOUR DATES WERE FOLLOWED BY MIKOS OFFICIAL SHOWCASE AT AMERICANAFEST IN NASHVILLE, A VERY SIGNIFICANT INVITATION AND PERFORMANCE RESULTING FROM THE SUCCESS OF MIKOS ALBUM OUR COUNTRY WHICH WE RELEASED IN MARCH. IN ADDITION TO OUR COUNTRY, WE RELEASED KIAZI MALONGAS ALBUM TEMBO KIA NGOMA, AND THEN QUICKLY PRODUCED AND RELEASED A FOLLOW UP ALBUM FOR MIKO CALLED RACE RECORDS BECAUSE OUR COUNTRY WAS GETTING SO MUCH ATTENTION IN THE PRESS AND MUSIC INDUSTRY. MIKOS LISTENING AUDIENCE ON SPOTIFY ALONE GREW FROM 30,000 MONTHLY LISTENERS IN 2020 TO OVER 100,000 MONTHLY LISTENERS IN 2021. THE RAPID SUCCESS OF MIKOS MUSIC MEANT THAT WE EMPHASIZED OUR FOCUS ON HER MUSIC SIGNIFICANTLY DURING THE YEAR IN ORDER TO KEEP MOMENTUM BUILDING. WE DEEPENED THE RELATIONSHIP WITH BROOKLYN BASEMENT RECORDS, THE NASHVILLE MARKETING AND PR TEAM WE HAD BEGUN WORKING WITH IN 2020. WE BEGAN WORKING WITH A NATIONAL BOOKING AGENT FOR MIKO AS WELL, AND HELPED MIKO FIND A MANAGER, ALL OF WHICH RESULTED IN MAJOR GROWTH FOR HER AND INCREASED ATTENTION AND SUPPORT FOR REDTONE. ALONG WITH THE ALBUM RELEASES WE PRODUCED SEVERAL MUSIC VIDEOS TO FURTHER PROMOTE THE ARTISTS WERE SUPPORTING. WE INVESTED MORE HEAVILY IN MARKETING AND SUSTAINABILITY, CREATING OUR FIRST PROFESSIONAL FUNDRAISING VIDEO AND PITCH DECK. WE WORKED WITH TWO LOCAL DEVELOPERS IN PARTICULAR, HARVEST PROPERTIES AND THE SOBRATO ORGANIZATION, TO ALIGN THEIR EAST PALO ALTO DEVELOPMENT PLANS WITH REDTONES VISION FOR CULTURAL AND COMMUNITY PRESERVATION THROUGH THE ARTS. THE MUSIC AND ARTISTS WEVE BEEN PRODUCING, AND THE SUCCESS THEY BEGAN TO SHOW IN 2021, MADE A HUGE IMPACT ON THESE DEVELOPERS AND MADE THEM EAGER TO ALIGN WITH OUR VISION. WE WERE VERY ENCOURAGED BY OUR GROWTH IN 2021 AND FEEL THAT THE YEAR MOVED US CLOSER TO OUR OVERALL MISSION AND VISION IN SIGNIFICANT WAYS.Desc
Total Program Service Expenses$261,924TotalProgramServiceExpensesAmt
Described In Section501c3Yes (true)DescribedInSection501c3Ind
Schedule B RequiredYes (true)ScheduleBRequiredInd
Political Campaign ActyfalsePoliticalCampaignActyInd
Lobbying ActivitiesfalseLobbyingActivitiesInd
Subject To Proxy TaxfalseSubjectToProxyTaxInd
Donor Advised FundfalseDonorAdvisedFundInd
Conservation EasementsfalseConservationEasementsInd
Collections Of ArtfalseCollectionsOfArtInd
Credit CounselingfalseCreditCounselingInd
Donor Rstr Or Quasi EndowmentsfalseDonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentfalseReportLandBuildingEquipmentInd
Report Investments Other SecfalseReportInvestmentsOtherSecInd
Report Program Related InvstfalseReportProgramRelatedInvstInd
Report Other AssetsfalseReportOtherAssetsInd
Report Other LiabilitiesfalseReportOtherLiabilitiesInd
Include FIN48 FootnotefalseIncludeFIN48FootnoteInd
Independent Audit Fincl StmtfalseIndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtfalseConsolidatedAuditFinclStmtInd
School OperatingfalseSchoolOperatingInd
Foreign OfficefalseForeignOfficeInd
Foreign ActivitiesfalseForeignActivitiesInd
More Than5000 K To OrgfalseMoreThan5000KToOrgInd
More Than5000 K To IndividualsfalseMoreThan5000KToIndividualsInd
Professional FundraisingfalseProfessionalFundraisingInd
Fundraising ActivitiesfalseFundraisingActivitiesInd
Gaming ActivitiesfalseGamingActivitiesInd
Operate HospitalfalseOperateHospitalInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Grants To IndividualsfalseGrantsToIndividualsInd
Schedule J RequiredfalseScheduleJRequiredInd
Tax Exempt BondsfalseTaxExemptBondsInd
Engaged In Excess Benefit TransfalseEngagedInExcessBenefitTransInd
PY Excess Benefit TransfalsePYExcessBenefitTransInd
Loan OutstandingfalseLoanOutstandingInd
Grant To Related PersonfalseGrantToRelatedPersonInd
Business Rln With Org MemfalseBusinessRlnWithOrgMemInd
Business Rln With Fam MemfalseBusinessRlnWithFamMemInd
Business Rln With35 Ctrl EntfalseBusinessRlnWith35CtrlEntInd
Deductible Non Cash ContrifalseDeductibleNonCashContriInd
Deductible Art ContributionfalseDeductibleArtContributionInd
Terminate OperationsfalseTerminateOperationsInd
Partial LiquidationfalsePartialLiquidationInd
Disregarded EntityfalseDisregardedEntityInd
Related EntityfalseRelatedEntityInd
Related Organization Ctrl EntfalseRelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd OrgfalseTrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted PrtshpfalseActivitiesConductedPrtshpInd
Schedule O RequiredYes (true)ScheduleORequiredInd
IRP Document20IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Employee0EmployeeCnt
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Foreign Financial AccountfalseForeignFinancialAccountInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Taxable Party NotificationfalseTaxablePartyNotificationInd
Nondeductible ContributionsfalseNondeductibleContributionsInd
Quid Pro Quo ContributionsfalseQuidProQuoContributionsInd
Form8282 Property Disposed OffalseForm8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Form8899 FiledindfalseForm8899Filedind
Form1098 C FiledfalseForm1098CFiledInd
Indoor Tanning ServicesfalseIndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst IncfalseSubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members3GoverningBodyVotingMembersCnt
Independent Voting Member2IndependentVotingMemberCnt
Family Or Business RlnfalseFamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesfalseDelegationOfMgmtDutiesInd
Change To Org DocumentsfalseChangeToOrgDocumentsInd
Material Diversion Or MisusefalseMaterialDiversionOrMisuseInd
Members Or StockholdersfalseMembersOrStockholdersInd
Election Of Board MembersfalseElectionOfBoardMembersInd
Decisions Subject To ApprovafalseDecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (true)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (true)MinutesOfCommitteesInd
Officer Mailing AddressfalseOfficerMailingAddressInd
Local ChaptersfalseLocalChaptersInd
Form990 Provided To Gvrn BodyfalseForm990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyfalseConflictOfInterestPolicyInd
Whistleblower PolicyYes (true)WhistleblowerPolicyInd
Document Retention PolicyYes (true)DocumentRetentionPolicyInd
Compensation Process CEOYes (true)CompensationProcessCEOInd
Compensation Process OtherYes (true)CompensationProcessOtherInd
Investment In Joint VenturefalseInvestmentInJointVentureInd
States Where Copy Of Return Is FldCAStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonJUSTIN PHIPPSPersonNm
Phone6509062464PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1321 BELL STREETAddressLine1Txt
CityEAST PALO ALTOCityNm
State AbbreviationCAStateAbbreviationCd
ZIP94303ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (3 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
JUSTIN PHIPPS
ED/PRES/BOAR40.00Yes (X)Yes (X)$55,385$0$10,080
CARLOS CABRERA
BOARD/TREAS/1.00Yes (X)Yes (X)$0$0$0
OLATUNDE SOBOMEHIN
BOARD1.00Yes (X)$0$0$0
FieldValueIRS element (for citing)
Total Reportable Comp From Org$55,385TotalReportableCompFromOrgAmt
Total Other Compensation$10,080TotalOtherCompensationAmt
Former Ofcr Employees ListedfalseFormerOfcrEmployeesListedInd
Total Comp Greater Than150 KfalseTotalCompGreaterThan150KInd
Compensation From Other SrcsfalseCompensationFromOtherSrcsInd
All Other Contributions$269,286AllOtherContributionsAmt
Total Contributions$269,286TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (3 entries)

DescDescTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
PROGRAM REVENUE$23,700$23,700
PROGRAM REVENUE$7,440$7,440
PROGRAM REVENUE$1,149$1,149
FieldValueIRS element (for citing)
Total Program Service Revenue$32,289TotalProgramServiceRevenueAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$301,575TotalRevenueColumnAmt
Related Or Exempt Func Income$32,289RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Info In Schedule O Part IXYes (X)InfoInScheduleOPartIXInd

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$55,385TotalAmt
Program Services$44,308ProgramServicesAmt
Management And General$5,539ManagementAndGeneralAmt
Fundraising$5,538FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$10,800TotalAmt
Program Services$8,640ProgramServicesAmt
Management And General$1,080ManagementAndGeneralAmt
Fundraising$1,080FundraisingAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$12,304TotalAmt
Program Services$9,844ProgramServicesAmt
Management And General$1,230ManagementAndGeneralAmt
Fundraising$1,230FundraisingAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$61,834TotalAmt
Program Services$59,214ProgramServicesAmt
Management And General$1,310ManagementAndGeneralAmt
Fundraising$1,310FundraisingAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$68,263TotalAmt
Program Services$54,611ProgramServicesAmt
Management And General$6,826ManagementAndGeneralAmt
Fundraising$6,826FundraisingAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$476TotalAmt
Program Services$380ProgramServicesAmt
Management And General$48ManagementAndGeneralAmt
Fundraising$48FundraisingAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$24,000TotalAmt
Program Services$19,200ProgramServicesAmt
Management And General$2,400ManagementAndGeneralAmt
Fundraising$2,400FundraisingAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$46,146TotalAmt
Program Services$46,146ProgramServicesAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$12,176TotalAmt
Program Services$11,758ProgramServicesAmt
Management And General$209ManagementAndGeneralAmt
Fundraising$209FundraisingAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$4,283TotalAmt
Program Services$3,427ProgramServicesAmt
Management And General$428ManagementAndGeneralAmt
Fundraising$428FundraisingAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtFundraisingFundraisingAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmt
FUNDRAISING SUPPLIES$21,548$21,548
PROGRAM SUPPLIES$3,297$330$2,637$330
CHARITABLE GIFTS EXPENSE$1,133$1,133
BUSINESS SYSTEMS EXPENSED$587$59$469$59

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$197TotalAmt
Program Services$157ProgramServicesAmt
Management And General$20ManagementAndGeneralAmt
Fundraising$20FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$322,429TotalAmt
Program Services$261,924ProgramServicesAmt
Management And General$19,479ManagementAndGeneralAmt
Fundraising$41,026FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$73,517BOYAmt
EOY$100,047EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$73,517BOYAmt
EOY$100,047EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$48,692BOYAmt
EOY$96,076EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$48,692BOYAmt
EOY$96,076EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$24,825BOYAmt
EOY-$1,029EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
EOY$5,000EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$24,825BOYAmt
EOY$3,971EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$73,517BOYAmt
EOY$100,047EOYAmt
FieldValueIRS element (for citing)
Info In Schedule O Part XIYes (X)InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss-$20,854ReconcilationRevenueExpnssAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd
Accountant Compile Or ReviewfalseAccountantCompileOrReviewInd
FS AuditedfalseFSAuditedInd
Federal Grant Audit RequiredfalseFederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Publicly Supported Org509a2Yes (X)PubliclySupportedOrg509a2Ind

Gifts Grants Contris Rcvd509 GiftsGrantsContrisRcvd509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus2 Years$153,802CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$48,854CurrentTaxYearMinus1YearAmt
Current Tax Year$269,286CurrentTaxYearAmt
Total$471,942TotalAmt

Gross Receipts Admissions GrossReceiptsAdmissionsGrp

FieldValueIRS element (for citing)
Current Tax Year Minus1 Year$5,138CurrentTaxYearMinus1YearAmt
Current Tax Year$32,289CurrentTaxYearAmt
Total$37,427TotalAmt

Total509 Total509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus2 Years$153,802CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$53,992CurrentTaxYearMinus1YearAmt
Current Tax Year$301,575CurrentTaxYearAmt
Total$509,369TotalAmt

Substantial Contributors Amt SubstantialContributorsAmtGrp

FieldValueIRS element (for citing)
Current Tax Year$406,813CurrentTaxYearAmt
Total$406,813TotalAmt

Subst And Dsqlfy Prsns Tot SubstAndDsqlfyPrsnsTotGrp

FieldValueIRS element (for citing)
Current Tax Year$406,813CurrentTaxYearAmt
Total$406,813TotalAmt
FieldValueIRS element (for citing)
Public Support Total509$102,556PublicSupportTotal509Amt

Total Support Calendar Year TotalSupportCalendarYearGrp

FieldValueIRS element (for citing)
Current Tax Year Minus2 Years$153,802CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$53,992CurrentTaxYearMinus1YearAmt
Current Tax Year$301,575CurrentTaxYearAmt
Total$509,369TotalAmt
FieldValueIRS element (for citing)
First5 Years509Yes (X)First5Years509Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (10 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990 - ORGANIZATION'S MISSIONREDTONE RECORDS IS AS A NONPROFIT, COMMUNITY-BASED RECORD LABEL AND RECORDING STUDIO THAT PROVIDES FREE, PROFESSIONAL MUSIC AND VIDEO PRODUCTION TO CULTURAL ARTISTS WITH POSITIVE MESSAGES. WE HAVE A SPECIFIC FOCUS ON PRESERVING AND PROMOTING VARIOUS FORMS OF TRADITIONAL AND ROOTS MUSIC FROM AROUND THE WORLD. ADDITIONALLY WE WILL BE CONDUCTING REGULAR YOUTH SONGWRITING COMPETITIONS, INCENTIVIZING POSITIVE LYRICAL CONTENT FROM YOUNG, ASPIRING, COMMUNITY ARTISTS. OUR ACTIVITIES INCLUDE: IDENTIFYING AND RECRUITING ARTISTS, BOTH LOCALLY AND INTERNATIONALLY; SUBSIDIZING TRAVEL AND LODGING EXPENSES FOR ARTIST RESIDENCIES WHEN APPLICABLE; OPERATING A COMMUNITY-BASED RECORDING STUDIO; PRODUCING MUSIC AND VIDEO; HOSTING AND PROMOTING CONCERTS, FESTIVALS AND SIMILAR ACTIVITIES; PURSUING SONG PLACEMENTS IN TV, FILM, ADVERTISING, ETC.; MARKETING AND PROMOTION OF REDTONE ARTISTS; SUBMITTING REDTONE PRODUCTIONS TO MAJOR ARTISTS FOR POSSIBLE PROGRAM REVENUE TO FUND REDTONE ACTIVITIES. REDTONE'S MISSION/FOCUS EMPHASIZES: 1) CULTURAL PRESERVATION: MUSIC IS A POWERFUL TOOL IN KEEPING CULTURAL TRADITIONS ALIVE. WE ARE INVESTING IN "CULTURE KEEPERS," ARTISTS WHO ARE CARRYING ON THEIR CULTURAL TRADITIONS THROUGH MUSICAL EXPRESSION, PERFORMANCE, RECORDING, VIDEO, ETC. IT IS NOT UNLIKE THE WORK OF JOHN AND ALAN LOMAX, RECORDING ARTISTS ALL OVER THE AMERICAN SOUTH FOR THE LIBRARY OF CONGRESS, CAPTURING CULTURALLY SIGNIFICANT FORMS OF MUSIC AND DISTRIBUTING THEM IN AN EFFORT TO INCREASE PUBLIC INTEREST AND ENSURE THAT THESE FORMS CONTINUE TO EXIST. 2) POSITIVE MESSAGING: 90% OF BILLBOARD'S ANNUAL "HOT 100" HITS CONSISTENTLY ADDRESS THREE THEMES ONLY: SEX, DRUGS AND MONEY. WE DO NOT WANT TO COMPROMISE OUR MISSION AND MESSAGE IN ORDER TO COMPETE WITH MARKET TRENDS. THE NONPROFIT MODEL ALLOWS OUR MESSAGE AND MISSION TO BE THE ONLY CONSIDERATIONS IN THE CREATION OF OUR WORKS, ENSURING THAT WE ONLY PRODUCE AND PROMOTE POSITIVITY, REGARDLESS OF WHETHER OR NOT THE MARKET IS POINTING THAT WAY. 3) COMMUNITY IMPACT: MUSIC IS A CRITICAL PART OF COMMUNITY MOVEMENTS, CONSCIOUSNESS AND HEALTH. PART OF REDTONE'S SERVICES WILL INCLUDE THE CREATION OF MUSIC AND MESSAGES THAT EDUCATE THE PUBLIC AROUND COMMUNITY ISSUES: EDUCATION, HEALTHCARE, THE ENVIRONMENT, CIVIC ENGAGEMENT, ETC. ADDITIONALLY, WE WILL PROVIDE LIVE MUSIC FOR COMMUNITY EVENTS, FREE OF CHARGE TO EVENT ORGANIZERS, AS A WAY TO INCREASE PUBLIC PARTICIPATION AND LIFT SPIRITS. THE COSTS OF LIVE MUSIC WILL BE COVERED ENTIRELY BY THE RECORD LABEL. 4) YOUTH IMPACT: THESE MESSAGES OF THE MODERN MUSIC INDUSTRY, BECAUSE OF THEIR REACH, SHAPE COLLECTIVE CONSCIENCE AND INFLUENCE YOUNGER GENERATIONS. THEY ENCOURAGE SUBSTANCE ABUSE, GREED, PROMISCUITY, THE OBJECTIFICATION AND DEGRADATION OF WOMEN, LACK OF CRITICAL THINKING, ETC. MEANWHILE, THERE ARE INCREDIBLE VOICES OF COMMUNITY EMPOWERMENT AND POSITIVITY, BOTH LOCALLY AND AROUND THE WORLD, WHOSE IMPACT IS HINDERED BECAUSE THEY DON'T HAVE THE RESOURCES TO PROFESSIONALLY PRODUCE AND DISTRIBUTE MUSIC AND VIDEO. IT'S HARD TO FIND A YOUNG PERSON IN EAST PALO ALTO WHO DOESN'T HAVE SOME ASPIRATION OF BECOMING A FAMOUS SINGER OR RAPPER. THESE ASPIRING ARTISTS NOT ONLY NEED TO BE FLOODED WITH POSITIVE MUSIC TO COMBAT WHAT'S ON THEIR RADIOS AND PHONES, BUT THEY NEED COMMUNITY-BASED, SUCCESSFUL ARTISTS THEY CAN LOOK UP TO, INSTEAD OF IDOLIZING ONLY WHOM THEY SEE IN THE DAMAGING IMAGERY OF MODERN MUSIC VIDEOS. THE LABEL WILL ALSO HAVE YOUTH APPRENTICESHIPS AS WELL AS YOUTH SONGWRITING COMPETITIONS, INCENTIVIZING AND MONETIZING POSITIVITY IN YOUTH CULTURE.
FORM 990, PAGE 1, PART I, LINE 6VOLUNTEER BOARD OF DIRECTORS
FORM 990, PAGE 2, PART III, LINE 4AIN 2021, WE WERE ABLE TO SUCCESSFULLY BUILD UPON OUR MOMENTUM FROM 2020. COVID STILL HAD A BIG IMPACT ON LIVE MUSIC IN THE FIRST HALF OF THE YEAR. INSTEAD WE DID SEVERAL LIVESTREAM CONCERTS FOR VIRTUAL AUDIENCES, SOMETHING WE HAD NEVER ATTEMPTED BEFORE. THESE VIRTUAL CONCERTS ENDED UP BEING A GREAT WAY TO RAISE AWARENESS FOR OUR LABEL AND OUR ARTISTS, AND TO PROMOTE OUR MUSIC AND MESSAGE TO A WIDER (EVEN GLOBAL) AUDIENCE. WE WERE ALSO ABLE TO CONTINUE OUR EAST PALO ALTO MUSIC IN THE PARK WORKSHOPS FEATURING CONGOLESE DANCE ACCOMPANIED BY LIVE MUSIC FEATURING NIGERIAN AND CONGOLESE/CONGOLESE AMERICAN ARTISTS AND MUSICIANS. IN THE SUMMER WE HAD OUR FIRST OFFICIAL TOUR DATES WITH OUR LEAD ARTIST MIKO MARKS. THIS WAS A SIGNIFICANT MOVE IN RAISING AWARENESS ABOUT REDTONE ACROSS THE COUNTRY AND ATTRACTING MORE SUPPORTERS. THESE TOUR DATES WERE FOLLOWED BY MIKOS OFFICIAL SHOWCASE AT AMERICANAFEST IN NASHVILLE, A VERY SIGNIFICANT INVITATION AND PERFORMANCE RESULTING FROM THE SUCCESS OF MIKOS ALBUM OUR COUNTRY WHICH WE RELEASED IN MARCH. IN ADDITION TO OUR COUNTRY, WE RELEASED KIAZI MALONGAS ALBUM TEMBO KIA NGOMA, AND THEN QUICKLY PRODUCED AND RELEASED A FOLLOW UP ALBUM FOR MIKO CALLED RACE RECORDS BECAUSE OUR COUNTRY WAS GETTING SO MUCH ATTENTION IN THE PRESS AND MUSIC INDUSTRY. MIKOS LISTENING AUDIENCE ON SPOTIFY ALONE GREW FROM 30,000 MONTHLY LISTENERS IN 2020 TO OVER 100,000 MONTHLY LISTENERS IN 2021. THE RAPID SUCCESS OF MIKOS MUSIC MEANT THAT WE EMPHASIZED OUR FOCUS ON HER MUSIC SIGNIFICANTLY DURING THE YEAR IN ORDER TO KEEP MOMENTUM BUILDING. WE DEEPENED THE RELATIONSHIP WITH BROOKLYN BASEMENT RECORDS, THE NASHVILLE MARKETING AND PR TEAM WE HAD BEGUN WORKING WITH IN 2020. WE BEGAN WORKING WITH A NATIONAL BOOKING AGENT FOR MIKO AS WELL, AND HELPED MIKO FIND A MANAGER, ALL OF WHICH RESULTED IN MAJOR GROWTH FOR HER AND INCREASED ATTENTION AND SUPPORT FOR REDTONE. ALONG WITH THE ALBUM RELEASES WE PRODUCED SEVERAL MUSIC VIDEOS TO FURTHER PROMOTE THE ARTISTS WERE SUPPORTING. WE INVESTED MORE HEAVILY IN MARKETING AND SUSTAINABILITY, CREATING OUR FIRST PROFESSIONAL FUNDRAISING VIDEO AND PITCH DECK. WE WORKED WITH TWO LOCAL DEVELOPERS IN PARTICULAR, HARVEST PROPERTIES AND THE SOBRATO ORGANIZATION, TO ALIGN THEIR EAST PALO ALTO DEVELOPMENT PLANS WITH REDTONES VISION FOR CULTURAL AND COMMUNITY PRESERVATION THROUGH THE ARTS. THE MUSIC AND ARTISTS WEVE BEEN PRODUCING, AND THE SUCCESS THEY BEGAN TO SHOW IN 2021, MADE A HUGE IMPACT ON THESE DEVELOPERS AND MADE THEM EAGER TO ALIGN WITH OUR VISION. WE WERE VERY ENCOURAGED BY OUR GROWTH IN 2021 AND FEEL THAT THE YEAR MOVED US CLOSER TO OUR OVERALL MISSION AND VISION IN SIGNIFICANT WAYS.
FORM 990, PAGE 6, PART VI, LINE 11BTHE BOARD HAS THE RESPONSIBILITY FOR REVIEWING THE ORGANIATION'S FORM 990 (INCLUDING ALL PERTINENT SCHEDULES) BEFORE IT IS FILED WITH THE INTERNAL REVENUE SERVICE. A DRAFT OF THE FORM 990 IS READY FOR REVIEW BY THE BOARD NO LATER THAN A WEEK PRIOR TO THE FILING DEADLINE. AFTER THE DRAFT OF THE FORM 990 HAS BEEN OBTAINED BY THE BOARD, THEY WILL HAVE NO MORE THAN A WEEK TO COMPLETE THEIR REVIEW. IN CONDUCTING THEIR REVIEW OF THE DRAFT OF THE FORM 990, THE BOARD CONDUCTS A TOP-LEVEL OR BIG-PICTURE TYPE OF REVIEW. HOWEVER, IF THE BOARD DEEMS IT NECESSARY TO CONDUCT A MORE DETAILED REVIEW OF THE FORM 990, THEN THEY CONTACT THE PREPARER OF THE FORM 990 TO REQUESET COPIES OF THE RELEVANT DETAILED TAX RETURN WORKPAPERS WHICH THEY WOULD LIKE TO SEE. ONCE THE BOARD HAS COMPLETED ITS INITIAL REVIEW OF THE FORM 990, A MEETING OR CONFERENCE CALL IS SCHEDULED WITH THE PREPARER OF THE FORM 990 TO DISCUSS ANY QUESTIONS, COMMENTS, AND SUGGESTED REVISIONS IDENTIFIED BY THE BOARD. THE PREPARER OF THE FORM 990 MAKES ANY REVISIONS TO THE FORM 990 AS SOON AS FEASIBLY POSSIBLE TO ENSURE THAT THE FORM 990 IS FILED WITH THE INTERNAL REVENUE SERVICE ON A TIMELY BASIS. ALL QUESTIONS, COMMENTS, AND SUGGESTED REVISIONS SET FORTH BY THE BOARD ARE DOCUMENDED, ALONG WITH ANY RESPONSES FROM THE PREPARER OF THE FORM 990, IF APPLICABLE.
FORM 990, PAGE 6, PART VI, LINE 12CNOT APPLICABLE
FORM 990, PAGE 6, PART VI, LINE 15ATHE BOARD RELIES ON COMPARABILITY DATA TO DETERMINE AND APPROVE THE COMPENSATION OF THE EXECUTIVE DIRECTOR. THE BOARD UTILIZES RESOURCES SUCH AS SIMILARY SITUATED EXEMPT ORGANIZATIONS IN THEIR AREAS TO BENCHMARK PAY ALONG WITH MARKET INFORMATION FROM OTHER EXEMPT ORGANIZATIONS AND FOR- PROFIT ORGANIZATIONS TO ASSESS THE COMPETITIVENESS AND REASONABLIESS OF THE COMPENSATION. ONCE A DECISION HAS BEEN MADE, A VOTE IS TAKEN FOR APPROVAL BY THE BOARD. RECUSAL OF THE INDIVIDUALS WHOSE COMPENSATION IS BEING DETERMINED IS MANDATORY. A SIMILAR PROCESS IS IN PLACE FOR DETERMINING COMPENSATION OF THE OTHER KEY EMPLOYEES, IF ANY.
FORM 990, PAGE 6, PART VI, LINE 15BTHE BOARD RELIES ON COMPARABILITY DATA TO DETERMINE AND APPROVE THE COMPENSATION OF THE EXECUTIVE DIRECTOR. THE BOARD UTILIZES RESOURCES SUCH AS SIMILARY SITUATED EXEMPT ORGANIZATIONS IN THEIR AREAS TO BENCHMARK PAY ALONG WITH MARKET INFORMATION FROM OTHER EXEMPT ORGANIZATIONS AND FOR- PROFIT ORGANIZATIONS TO ASSESS THE COMPETITIVENESS AND REASONABLIESS OF THE COMPENSATION. ONCE A DECISION HAS BEEN MADE, A VOTE IS TAKEN FOR APPROVAL BY THE BOARD. RECUSAL OF THE INDIVIDUALS WHOSE COMPENSATION IS BEING DETERMINED IS MANDATORY. A SIMILAR PROCESS IS IN PLACE FOR DETERMINING COMPENSATION OF THE OTHER KEY EMPLOYEES, IF ANY.
FORM 990, PAGE 6, PART VI, LINE 19THE FOLLOWING ORGANIZATIONAL DOCUMENTS ARE AVAILABLE (FOR INSPECTION OR COPYING) AT THE ORGANIZATION'S MAIN OFFICE DURING NORMAL BUSINESS HOURS AT NO CHARGE: -TAX EXEMPTION APPLICATION (FORM 1023) -INTERNAL REVENUE SERVICE DETERMINATION LETTER -ARTICLES OF INCORPORATION -BY-LAWS THE PUBLIC INSPECTION COPY OF THE ORGANIZATION'S FORM 990 AND FORM 990-T, FROM THE PREVIOUS THREE YEARS (AT A MINIMUM), WILL BE AVAILABLE (FOR INSPECTION OR COPYING) AT THE ORGANIZATION'S MAIN OFFICE DURING NORMAL BUSINESS HOURS AT NO CHARGE, IF APPLICABLE. THE PUBLIC INSPECTION COPY OF THE FORM 990 WILL NOT INCLUDE THE SCHEDULE OF SCHEDULE A EXCESS CONTRIBUTORS OR THE SCHEDULE B NAMES AND ADDRESSES OF CONTRIBUTORS. THE ORGANIZATION WILL MAKE BEST EFFORTS TO ENSURE THAT THE FORMS 990 AND 990-T HELD AT THEIR MAIN OFFICE ARE THE MOST UPDATED VERSIONS OF SUCH. FOR EXAMPLE, IN THE INSTANCE WHERE A FORM 990 HAS BEEN AMENDED, THE AMENDED VERSION OF THE FORM 990 OR FORM 990-T WILL BE THE ONE AVAILABLE FOR PUBLIC INSPECTION. WHEN RESPONDING TO A PUBLIC INSPECTION REQUEST FOR ANY ORGANIZATIONAL DOCUMENT OR FORM 990 (INCLUDING FORM 990-T) BY ANYONE, THE ORGANIZATION FULFILLS SUCH REQUEST IN A TIMELY FASHION WITHOUT INQUIRING AS TO THE REASON FOR THE PUBLIC INSPECTION REQUEST. THE FOLLOWING OTHER DOCUMENT (MOST UPDATED VERSIONS) IS MADE AVAILABLE FOR INSPECTION OR COPYING) AT THE ORGANIZATION'S MAIN OFFICE DURING NORMAL BUSINESS HOURS AT NO CHARGE: -CONFLICT OF INTEREST POLICY
FORM 990, PART IX, LINE 11GCONTRACT LABOR - PROGRAM 48,730 0 0 CONTRACT LABOR - PROGRAM 10,484 1,310 1,310 TOTAL 59,214 1,310 1,310
FORM 990, PART XI, LINE 9PRIOR YEAR ADJUSTMENT 0

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