Canticorum Virtuosi Inc
- Assets
- $57.2k
- Revenue
- $269.1k
- Investments
- $0.0
- Employees
- 46
- Location
- Brooklyn, NY
- Founding
- 01/1985
- Data as of
- 06/2023
- EIN
- 13-3223977
Organization Overview
Canticorum Virtuosi Inc is located in Brooklyn, NY. The organization was established in 1985. According to its NTEE Classification (A6B) the organization is classified as: Singing & Choral Groups, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 06/2023, Canticorum Virtuosi Inc employed 46 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Canticorum Virtuosi 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, Canticorum Virtuosi Inc generated $269.1k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 2.1% each year. All expenses for the organization totaled $318.5k during the year ending 06/2023. While expenses have increased by 2.7% 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
MUSICAL PERFORMANCES
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION'S EXEMPT PURPOSE IS TO CULTIVATE, PROMOTE, SPONSOR, AND DEVELOP INTEREST, APPRECIATION, UNDERSTANDING, AND TASTE FOR CHORAL MUSIC, WITH PARTICULAR EMPHASIS ON CONTEMPORY AND EARLY MUSIC.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Harold Rosenbaum President | Officer | 40 | $49,200 |
Bendetto Fusco Treasurer | OfficerTrustee | 2 | $0 |
Edith R Rosenbaum Co-Chair | OfficerTrustee | 2 | $0 |
Brana Williams Co Chair & S | OfficerTrustee | 2 | $0 |
Linda Fusco Board Member | OfficerTrustee | 2 | $0 |
Charles G Eubanks Board Member | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $99,050 |
| All other contributions, gifts, grants, and similar amounts not included above | $86,607 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $185,657 |
| Total Program Service Revenue | $0 |
| Investment income | $2 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $83,029 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $269,125 |
| 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. | $56,600 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $95,225 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $3,748 |
| Payroll taxes | $11,615 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $15,964 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $3,660 |
| Advertising and promotion | $0 |
| Office expenses | $16,816 |
| Information technology | $550 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $4,758 |
| 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 | $968 |
| Insurance | $283 |
| All other expenses | $850 |
| Total functional expenses | $318,510 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $37,072 |
| Savings and temporary cash investments | $5,936 |
| Pledges and grants receivable | $4,695 |
| 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 | $1,900 |
| Prepaid expenses and deferred charges | $4,322 |
| Net Land, buildings, and equipment | $3,295 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $57,220 |
| Accounts payable and accrued expenses | $8,970 |
| 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 | $0 |
| Other liabilities | $0 |
| Total liabilities | $8,970 |
| Net assets without donor restrictions | $48,250 |
| 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 | $57,220 |