Connecticut Huricanes Drum & Bugle Corps Inc
- Assets
- $106.3k
- Revenue
- $60.5k
- Investments
- $0.0
- Employees
- 0
- Location
- Seymour, CT
- Founding
- 05/1990
- Data as of
- 12/2020
- EIN
- 06-1273256
Organization Overview
Connecticut Huricanes Drum & Bugle Corps Inc is located in Seymour, CT. The organization was established in 1990. According to its NTEE Classification (A6C) the organization is classified as: Bands & Ensembles, 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. Connecticut Huricanes Drum & Bugle Corps 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 12/2020, Connecticut Huricanes Drum & Bugle Corps Inc generated $60.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (11.6%) each year. All expenses for the organization totaled $53.0k during the year ending 12/2020. As we would expect to see with falling revenues, expenses have declined by (10.9%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2020
Describe the Organization's Mission:
Part 3 - Line 1
THE PURPOSE OF THE CONNECTICUT HURRICANES DRUM & BUGLE CORPS, INC. IS TO OPERATE AND MAINTAIN A COMPETITIVE DRUM & BUGLE CORPS, TO EDUCATE ITS MEMBERS IN MUSIC, MARCHING AND THE VISUAL ARTS, AS WELL AS TO PROVIDE NON-PROFIT SERVICES AND FUNCTIONS TO THE PUBLIC BETTERMENT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDED RUDIMENTARY AND ADVANCED MUSICAL EDUCATION AND INSTRUCTION TO MEMBERS BASED UPON INDIVIDUAL NEEDS. PROVIDED OPPORTUNITIES FOR USE, DEVELOPMENT AND ENHANCEMENT OF LEARNED SKILLS THROUGH LIVE PERFORMANCES THROUGHOUT THE EAST COAST.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Stephen W Vargo Treasurer | OfficerTrustee | 12 | $0 |
John L Ashelford III Chairman & Business Manager | OfficerTrustee | 12 | $0 |
Sarah Smith Board Member | OfficerTrustee | 2 | $0 |
Bernard F Malesky Vice Chairman | OfficerTrustee | 8 | $0 |
Charles F King Board Member | Trustee | 2 | $0 |
George Maloney Board Member | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $12,085 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $14,300 |
| All other contributions, gifts, grants, and similar amounts not included above | $24,331 |
| Noncash contributions included in lines 1a–1f | $1,082 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $50,716 |
| Total Program Service Revenue | $0 |
| Investment income | $4 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $6,328 |
| Net Income from Fundraising Events | $870 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $60,484 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,100 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $344 |
| Information technology | $1,250 |
| Royalties | $0 |
| Occupancy | $2,160 |
| Travel | $670 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $459 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $23,140 |
| Insurance | $7,140 |
| All other expenses | $0 |
| Total functional expenses | $53,044 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $35,766 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $70,505 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $106,271 |
| Accounts payable and accrued expenses | $41,823 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $14,000 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $18,853 |
| Total liabilities | $74,676 |
| Net assets without donor restrictions | $31,595 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $106,271 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Connecticut Huricanes Drum & Bugle Corps Inc has recieved totaling $14,234.
| Awarding Organization | Amount |
|---|---|
Americas Charities Chantilly, VA PURPOSE: GENERAL SUPPORT | $7,117 |
Americas Charities Chantilly, VA PURPOSE: GENERAL SUPPORT | $7,117 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Chamber Music Society Of Lincoln Center Inc New York, NY | $75,785,026 | $8,098,854 |
St Lukes Chamber Ensemble Inc New York, NY | $47,001,390 | $8,968,141 |
Inspire Arts And Music Inc Boston, MA | $2,295,545 | $1,459,889 |
Afro-Latin Jazz Alliance Of New York Inc New York, NY | $920,945 | $1,546,674 |
Music Forward Brooklyn, NY | $1,883,651 | $2,219,896 |
Ma-Yi Filipino Theatre Ensemble Inc New York, NY | $1,967,412 | $1,405,048 |
Ensemble For The Romantic Century Inc New York, NY | $133,417 | $422,457 |
Improvisation Center Of Boston Inc Cambridge, MA | $105,593 | $312,878 |
Classical Recording Foundation Inc Pelham, NY | $106,383 | $305,250 |
Metropolis Ensemble Inc Queens, NY | $859,538 | $434,901 |
Saints Brigade Port Chester, NY | $6,701 | $359,584 |
Music And Youth Initiative Inc Dennis, MA | $481,928 | $254,662 |