Salt Bay Chamberfest
- Assets
- $269.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Damariscotta, ME
- Founding
- 07/2000
- Data as of
- 12/2022
- EIN
- 01-0533841
Organization Overview
Salt Bay Chamberfest is located in Damariscotta, ME. The organization was established in 2000. According to its NTEE Classification (A68) the organization is classified as: Music, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Salt Bay Chamberfest is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Salt Bay Chamberfest generated $177.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (4.0%) each year. All expenses for the organization totaled $195.7k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (3.4%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
PRESENTED LIVE CHAMBER MUSIC PERFORMANCES AS WELL AS MUSIC EDUCATION PROGRAMS FOR CHILDREN.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Wilhelmina Smith Executive Dir. | 40 | $62,150 | |
Miriam Fogel General Manager | 20 | $14,595 | |
Grace Owens Production Mgr | 0 | $0 | |
Paul Weislogel President | 0 | $0 | |
Miriam Fogel Secretary | 0 | $0 | |
Ben Harris Board Member | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $141,751 |
| Total Program Service Revenue | $21,934 |
| Membership dues | $0 |
| Investment income | $13,985 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $177,670 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $82,616 |
| Professional fees and other payments to independent contractors | $720 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $1,571 |
| Other expenses | $110,773 |
| Total expenses | $195,680 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $269,160 |
| Other assets | $0 |
| Total assets | $269,160 |
| Total liabilities | $75,371 |
| Net assets or fund balances | $193,789 |