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 06/2023, Concert Artists Guild Inc employed 12 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 06/2023, Concert Artists Guild Inc generated $2.2m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 4.8% each year. All expenses for the organization totaled $2.2m during the year ending 06/2023. While expenses have increased by 4.2% per year over the past 8 years. They've been increasing with an increasing level of total revenue. 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
2023
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
CONCERT ARTISTS GUILD ("CAG")WORKS TO NURTURE AND EXCEL THE CAREERS OF YOUNG MUSICIANS THROUGH LEADERSHIP WORKSHOPS, PRESENTING A NEW YORK BASED CONCERT SERIES AND BOOKING ENGAGEMENTS ACROSS THE COUNTRY. CAG IS A VITAL INCUBATOR WITHIN THE CLASSICAL MUSIC LANDSCAPE: AN ORIGINATION POINT FROM WHICH TO LAUNCH PERFORMING CITIZEN ARTISTS WHO BECOME THE NEW GENERATION OF MUSICAL CHANGEMAKERS AND LEADERS. CAG MANAGES 25 ARTISTS INCLUDING SOLOISTS, ENSEMBLES AND CONDUCTORS. CAG PROVIDED COMPREHENSIVE MANAGEMENT, BOOKING MUSICIANS FOR NEARLY 550 PAID CONCERTS ACROSS THE COUNTRY, MOST OF WHICH INCLUDED COMMUNITY AND EDUCATION ENGAGEMENT ACTIVITIES. CAG ALSO PROVIDED LEADERSHIP TRAINING AND SOCIAL IMPACT PROJECT BUILDING WORKSHOPS OVER THE YEAR. FOUR ARTISTS GRADUATED TO COMMERCIAL MANAGEMENT. CAG PRESENTED EIGHT CONCERTS IN NEW YORK CITY.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Tanya Bannister President | Officer | 40 | $130,500 |
Gerard Caccappolo Director | Trustee | 1 | $0 |
Thomas C Clark Director | Trustee | 1 | $0 |
Aaron R Cahn Director | Trustee | 1 | $0 |
David Shifrin Director | Trustee | 1 | $0 |
Monica Ellis Director | Trustee | 1 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Windsync Musicians | 6/29/15 | $253,091 |
Sybarite Chamber Players Ltd Musicians | 6/29/15 | $143,344 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $120,461 |
Related organizations | $0 |
Government grants | $66,000 |
All other contributions, gifts, grants, and similar amounts not included above | $272,187 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $458,648 |
Total Program Service Revenue | $1,755,217 |
Investment income | $7,915 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $16,612 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $2,238,392 |
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. | $130,500 |
Compensation of current officers, directors, key employees. | $32,625 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $313,141 |
Pension plan accruals and contributions | $11,351 |
Other employee benefits | $28,101 |
Payroll taxes | $38,978 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $52,550 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $1,463,827 |
Advertising and promotion | $95 |
Office expenses | $10,060 |
Information technology | $18,881 |
Royalties | $0 |
Occupancy | $35,545 |
Travel | $18,840 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $22,530 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $3,113 |
Insurance | $6,899 |
All other expenses | $7,780 |
Total functional expenses | $2,211,897 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $45,781 |
Savings and temporary cash investments | $40,054 |
Pledges and grants receivable | $40,174 |
Accounts receivable, net | $4,647 |
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 | $34,600 |
Net Land, buildings, and equipment | $5,697 |
Investments—publicly traded securities | $450,414 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $49,590 |
Total assets | $670,957 |
Accounts payable and accrued expenses | $42,650 |
Grants payable | $0 |
Deferred revenue | $4,000 |
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 | $0 |
Other liabilities | $43,220 |
Total liabilities | $89,870 |
Net assets without donor restrictions | $451,968 |
Net assets with donor restrictions | $129,119 |
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 | $670,957 |