Concert Artists Guild Inc
- Assets
- $514.5k
- Revenue
- $1.1m
- Investments
- $0.0
- Employees
- 6
- Location
- New York, NY
- Founding
- 09/1959
- Data as of
- 06/2021
- EIN
- 13-1854253
Organization Overview
Concert Artists Guild Inc is located in New York, NY. The organization was established in 1959. According to its NTEE Classification (A68) the organization is classified as: Music, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 06/2021, Concert Artists Guild Inc employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Concert Artists Guild 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 06/2021, Concert Artists Guild Inc generated $1.1m 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 (4.8%) each year. All expenses for the organization totaled $1.0m during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (6.8%) 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
CONCERT ARTISTS GUILD'S MISSION IS TO DISCOVER, NURTURE, AND PROMOTE YOUNG MUSICIANS AND HELP THEM BUILD SUSTAINABLE CAREERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ADVANCING THE CAREERS AND ARTISTIC DEVELOPMENT OF YOUNG MUSICIANS THROUGH COMPETITION AND PERFORMANCE OPPORTUNITIES.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tanya Bannister President | Officer | 40 | $109,500 |
Louis K Meisel Vice Chairman | OfficerTrustee | 5 | $0 |
Louise K Smith Secretary | OfficerTrustee | 5 | $0 |
Susan Maceachron Chairman | OfficerTrustee | 5 | $0 |
Willem Van Eeghen Treasurer | OfficerTrustee | 1 | $0 |
Thomas C Clark Director | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Windsync Musicians | 6/29/15 | $253,091 |
Sybarite Chamber Players Ltd Musicians | 6/29/15 | $143,344 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $139,538 |
| Related organizations | $0 |
| Government grants | $111,377 |
| All other contributions, gifts, grants, and similar amounts not included above | $296,606 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $547,521 |
| Total Program Service Revenue | $598,680 |
| Investment income | $1,645 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$500 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,147,346 |
| 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. | $109,500 |
| Compensation of current officers, directors, key employees. | $28,833 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $251,431 |
| Pension plan accruals and contributions | $3,960 |
| Other employee benefits | $28,242 |
| Payroll taxes | $28,644 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $52,915 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $1,100 |
| Office expenses | $40,132 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $29,212 |
| Travel | $4,927 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,667 |
| Insurance | $8,739 |
| All other expenses | $10,954 |
| Total functional expenses | $1,048,449 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $406,996 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $46,095 |
| Accounts receivable, net | $13,497 |
| 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 | $30,557 |
| Net Land, buildings, and equipment | $10,651 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $6,750 |
| Total assets | $514,546 |
| Accounts payable and accrued expenses | $42,084 |
| Grants payable | $0 |
| Deferred revenue | $36,000 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $80,902 |
| Other liabilities | $0 |
| Total liabilities | $158,986 |
| Net assets without donor restrictions | $302,774 |
| Net assets with donor restrictions | $52,786 |
| 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 | $514,546 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Concert Artists Guild Inc has recieved totaling $46,209.
| Awarding Organization | Amount |
|---|---|
Louise K Smith Foundation Chicago, IL PURPOSE: GENERAL | $30,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: ARTS, CULTURE & HUMANITIES | $15,700 |
Gradison Foundation Cincinnati, OH PURPOSE: ARTS | $500 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $9 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Handel And Haydn Society Boston, MA | $29,038,335 | $22,868,295 |
Groton Hill Music Inc Groton, MA | $210,830,113 | $41,196,688 |
Newport Festivals Foundation Inc Essex, MA | $20,080,911 | $11,132,304 |
Whyhunger Inc New York, NY | $5,607,325 | $7,869,621 |
Caramoor Center For Music & The Arts Inc Katonah, NY | $49,439,168 | $6,140,543 |
Save The Music Foundation New York, NY | $5,156,662 | $8,206,045 |
Rockport Music Inc Rockport, MA | $31,791,427 | $3,720,672 |
American Friends Of Les Arts Florissants Inc New York, NY | $1,107,997 | $2,546,808 |
Chicken & Egg Pictures Inc Brooklyn, NY | $9,525,742 | $4,390,371 |
Young Concert Artists Inc New York, NY | $10,777,916 | $2,607,839 |
Play On Philly Philadelphia, PA | $3,128,034 | $1,933,765 |
New Music Usa Inc New York, NY | $21,074,524 | $3,287,635 |