Sarasa Inc
- Assets
- $273.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Cambridge, MA
- Founding
- 02/2001
- Data as of
- 08/2022
- EIN
- 04-3540519
Organization Overview
Sarasa Inc is located in Cambridge, MA. The organization was established in 2001. According to its NTEE Classification (A69) the organization is classified as: Symphony Orchestras, 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. Sarasa Inc 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 08/2022, Sarasa Inc generated $64.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (4.4%) each year. All expenses for the organization totaled $123.0k during the year ending 08/2022. 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
PROVIDE CHAMBER MUSIC TO WIDE ARRAY OF PEOPLE,SCHOOLS, CHIDREN-HOSPITALS AND OTHERS TO ENHANCE & ENTICE IN THE WORLD OF CLASSICAL MUSIC
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sarah Vandewalle Administrative Support | 15 | $16,750 | |
Jennifer Morsches Administrative Support | 2 | $4,200 | |
Deborah Hoover President | 1 | $0 | |
Christoph Wald Treasurer | 1 | $0 | |
Barbara Kapp Vice President | 1 | $0 | |
Helen Barrington Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $42,854 |
| Total Program Service Revenue | $18,586 |
| Membership dues | $0 |
| Investment income | $3,091 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $64,531 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $77,445 |
| Occupancy, rent, utilities, and maintenance | $11,721 |
| Printing, publications, postage, and shipping | $10,768 |
| Other expenses | $23,079 |
| Total expenses | $123,013 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $269,530 |
| Other assets | $0 |
| Total assets | $273,780 |
| Total liabilities | $2,625 |
| Net assets or fund balances | $271,155 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Sarasa Inc has recieved totaling $10,000.
| Awarding Organization | Amount |
|---|---|
Mckenzie Fam Charitable Tr Putney, VT PURPOSE: PROGRAM SUPPORT | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Boston Symphony Orchestra Inc Boston, MA | $745,262,219 | $89,872,398 |
Philharmonic-Symphony Society Of New York Inc New York, NY | $534,569,080 | $138,634,882 |
Buffalo Philharmonic Orchestra Society Inc Buffalo, NY | $15,185,404 | $13,394,584 |
Rochester Philharmonic Orchestra Inc Rochester, NY | $20,757,567 | $7,702,051 |
Rhode Island Philharmonic Orchestra & Music School East Providence, RI | $15,804,954 | $5,398,910 |
Cape Arts & Entertainment Inc West Barnstable, MA | $10,466,895 | $5,101,262 |
Orpheus Chamber Orchestra Inc New York, NY | $1,908,737 | $3,345,104 |
Boston Youth Symphony Orchestra Inc Boston, MA | $8,731,148 | $5,999,512 |
Hartford Symphony Orchestra Inc Hartford, CT | $12,831,218 | $4,378,736 |
Musical Associates Of Central New York Inc Syracuse, NY | $3,413,784 | $4,180,183 |
New Haven Symphony Orchestra Inc New Haven, CT | $4,780,690 | $3,191,138 |
Stamford Symphony Orchestra Inc Stamford, CT | $4,591,882 | $2,087,618 |