Chamber Music America Inc
- Assets
- $16.3m
- Revenue
- $5.6m
- Investments
- $2.5m
- Employees
- 15
- Location
- New York, NY
- Founding
- 06/1978
- Data as of
- 06/2022
- EIN
- 13-2934575
Organization Overview
Chamber Music America Inc is located in New York, NY. The organization was established in 1978. According to its NTEE Classification (A03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 06/2023, Chamber Music America Inc employed 15 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Chamber Music America 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 06/2022, Chamber Music America Inc generated $5.6m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 22.6% each year . All expenses for the organization totaled $3.3m during the year ending 06/2022. While expenses have increased by 4.0% per year over the past 7 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.
Since 2015, Chamber Music America Inc has awarded 406 individual grants totaling $5,647,834. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO DEVELOP, SUPPORT, AND STRENGTHEN THE CHAMBER MUSIC FIELD.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GRANT PROGRAMSSIX CMA GRANT PROGRAMS, IN WHICH FUNDING IS GIVEN TO ENSEMBLES AND CONCERT PRESENTERS, AWARDED 64 GRANTS IN THE FOLLOWING AREAS:1) CLASSICAL COMMISSIONING: 11 GRANTS WERE AWARDED FOR THE CREATION OFNEW CHAMBER WORKS IN THE CLASSICAL TRADITION;2) NEW JAZZ WORKS: 14 GRANTS WERE AWARDED FOR THE CREATION, PERFORMANCE, AND RECORDING OF NEW WORKS FOR SMALL ENSEMBLES IN THE JAZZ IDIOM;3) PRESENTER CONSORTIUM FOR JAZZ: 5 GRANTS WERE AWARDED TO FIVEPRESENTER CONSORTIUMS TO SUPPORT MULTIPLE PERFORMANCES BY JAZZ ENSEMBLES;4) ARTISTIC PROJECTS: 14 GRANTS WERE AWARDED TO GRANT OPPORTUNITIES FOR SMALL ENSEMBLES AND PRESENTERS BASED IN THE FIVE BOROUGHS OF NEW YORK CITY WITH OPERATING BUDGETS UNDER $250,000;5) PERFORMANCE PLUS: 12 GRANTS WERE AWARDED TO FEMALE-LED JAZZ ENSEMBLES TO WORK WITH ARTIST-EDUCATORS AND PRODUCE DEMO RECORDINGS TO EXPAND THEIR CAREER OPPORTUNITIES;6) ENSEMBLE FORWARD: 8 GRANTS WERE AWARDED TO YOUNG CLASSICAL ENSEMBLES BASED IN THE FIVE BOROUGHS OF NEW YORK CITY TO WORK WITH ESTABLISHED CHAMBER MUSIC COACHES TO DEVELOP THEIR DISTINCTIVE AND COHESIVE ENSEMBLE SOUND AS THEY BUILD THEIR CAREERS.
MEMBER SERVICES, WEBSITE, PROFESSIONAL DEVELOPMENT, RESEARCH & ADVOCACY, NATIONAL CHAMBER MUSIC MONTH, AND NETWORKING EVENTS THROUGHOUT THE YEAR.
CHAMBER MUSIC MAGAZINETO HIGHLIGHT THE WORK OF CHAMBER ENSEMBLES AND PRESENTERS THROUGHOUT THE COUNTRY, AND TO KEEP THE FIELD INFORMED OF NEWS WITHIN AND BEYOND THE CHAMBER MUSIC COMMUNITY, CMA PUBLISHES "CHAMBER MUSIC" MAGAZINE QUARTERLY. RECEIVING THE MAGAZINE IS A BENEFIT OF MEMBERSHIP IN CMA.
NATIONAL CONFERENCECMA PRODUCES AN ANNUAL CONFERENCE EACH JANUARY THAT BRINGS THE MEMBERSOF THE FIELD TOGETHER FOR A WEEKEND OF LEARNING, SHARING BESTPRACTICES, SHOWCASE PERFORMANCES, AND CONCERTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mimi Hwang Chair | OfficerTrustee | 1 | $0 |
Jennifer Grim President | OfficerTrustee | 1 | $0 |
Oliver Ragsdale Jr Vice President | OfficerTrustee | 1 | $0 |
Bryan Young Vice President | OfficerTrustee | 1 | $0 |
John Zion Secretary | OfficerTrustee | 1 | $0 |
Lecolion Washington Treasurer | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $362,250 |
| All other contributions, gifts, grants, and similar amounts not included above | $4,177,966 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,540,216 |
| Total Program Service Revenue | $347,995 |
| Investment income | $502,583 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $197,223 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $5,588,017 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $920,886 |
| Grants and other assistance to domestic individuals. | $585,210 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $255,558 |
| Compensation of current officers, directors, key employees. | $81,724 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $603,762 |
| Pension plan accruals and contributions | $14,748 |
| Other employee benefits | $85,919 |
| Payroll taxes | $61,303 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $116,031 |
| Fees for services: Accounting | $37,994 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $56,805 |
| Fees for services: Other | $130,367 |
| Advertising and promotion | $91,335 |
| Office expenses | $71,224 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $83,082 |
| Travel | $12,502 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $20,759 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $96,293 |
| Insurance | $6,995 |
| All other expenses | $0 |
| Total functional expenses | $3,312,619 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $258,241 |
| Savings and temporary cash investments | $935,205 |
| Pledges and grants receivable | $3,031,347 |
| Accounts receivable, net | $80,631 |
| 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 | $19,501 |
| Net Land, buildings, and equipment | $1,847,965 |
| Investments—publicly traded securities | $7,569,773 |
| Investments—other securities | $2,489,482 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $20,522 |
| Total assets | $16,252,667 |
| Accounts payable and accrued expenses | $76,921 |
| Grants payable | $2,022,210 |
| Deferred revenue | $86,826 |
| 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 | $0 |
| Total liabilities | $2,185,957 |
| Net assets without donor restrictions | $2,604,365 |
| Net assets with donor restrictions | $11,462,345 |
| 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 | $16,252,667 |
Grants Awarded
Over the last fiscal year, Chamber Music America Inc has awarded $539,856 in support to 34 organizations.
| Grant Recipient | Amount |
|---|---|
ALI BELLO PURPOSE: ARTISTIC PROJECTS | $19,850 |
ARKAI MUSIC LLC PURPOSE: ARTISTIC PROJECTS | $20,000 |
ARTS FOR ART INC PURPOSE: JAZZ (DUKE) | $10,944 |
BERGAMOT MUSIC INC PURPOSE: ENSEMBLE FORWARD | $12,000 |
CAPITALBOP INC PURPOSE: JAZZ (DUKE) | $9,000 |
DARRELL BRIDGES PURPOSE: JAZZ (DUKE) | $10,000 |