Bridgehampton Chamber Music Associates Inc
- Assets
- $1.8m
- Revenue
- $913.1k
- Investments
- $1.3m
- Employees
- 3
- Location
- New York, NY
- Founding
- 08/1985
- Data as of
- 10/2021
- EIN
- 13-3213510
Organization Overview
Bridgehampton Chamber Music Associates Inc is located in New York, NY. The organization was established in 1985. 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 10/2021, Bridgehampton Chamber Music Associates Inc employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bridgehampton Chamber Music Associates 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 10/2021, Bridgehampton Chamber Music Associates Inc generated $913.1k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 4.0% each year. All expenses for the organization totaled $648.4k during the year ending 10/2021. 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
PROMOTION OF CHAMBER MUSIC CONCERTS TO THE GENERAL PUBLIC.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SINCE 1984, THE BRIDGEHAMPTON CHAMBER MUSIC FESTIVAL HAS BROUGHT THE VERY BEST OF CHAMBER MUSIC TO LONG ISLAND'S EAST END. FROM A PAIR OF CONCERTS OVER A SINGLE WEEKEND, TO A SERIES OF CONCERTS OVER 5 WEEKS IN THE SUMMER AS WELL AS A SERIES OF CONCERTS EACH SPRING, BCMF HAS BECOME ONE OF THE COUNTRY'S MOST HIGHLY REGARDED CHAMBER MUSIC ORGANIZATIONS IN THE COUNTRY. EACH YEAR, SOME OF THE WORLD'S FINEST CHAMBER MUSICIANS GATHER IN BRIDGEHAMPTON TO CREATE UNIQUE MUSICAL EXPERIENCES. BCMF HAS BEEN LAUDED FOR ITS INNOVATIVE PROGRAMMING, AND HAS A LONG HISTORY OF COMMISSIONING NEW WORKS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Lawrence Executive Director | Officer | 40 | $167,475 |
Marya Martin Artistic Director | OfficerTrustee | 30 | $52,741 |
Kenneth S Davidson Chairman | OfficerTrustee | 0 | $0 |
Helen Meates Treasurer | OfficerTrustee | 0 | $0 |
Anne Gilchrist Hall Director | Trustee | 0 | $0 |
Judith Little Director | Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $337,387 |
| Related organizations | $0 |
| Government grants | $143,782 |
| All other contributions, gifts, grants, and similar amounts not included above | $323,593 |
| Noncash contributions included in lines 1a–1f | $53,458 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $804,762 |
| Total Program Service Revenue | $140,954 |
| Investment income | $5,207 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $1,766 |
| Net Income from Fundraising Events | -$39,547 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $913,142 |
| 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. | $250,416 |
| Compensation of current officers, directors, key employees. | $75,125 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $13,008 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $44,677 |
| Payroll taxes | $19,063 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $15,384 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $33,436 |
| Office expenses | $21,317 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $32,696 |
| Travel | $0 |
| 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 | $0 |
| Insurance | $0 |
| All other expenses | $8,494 |
| Total functional expenses | $648,369 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $335,663 |
| Savings and temporary cash investments | $109,961 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $1,339,065 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $10,375 |
| Total assets | $1,795,064 |
| Accounts payable and accrued expenses | $26,506 |
| 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 | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $37,500 |
| Other liabilities | $0 |
| Total liabilities | $64,006 |
| Net assets without donor restrictions | $1,231,861 |
| Net assets with donor restrictions | $499,197 |
| 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 | $1,795,064 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Bridgehampton Chamber Music Associates Inc has recieved totaling $2,500.
| Awarding Organization | Amount |
|---|---|
The Mclean Family Foundation Wilmington, DE PURPOSE: GENERAL & UNRESTRICTED | $2,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Jazz At Lincoln Center Inc New York, NY | $222,896,771 | $27,240,751 |
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 |