Council For Living Music Inc
- Assets
- $23.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- New York, NY
- Founding
- 09/2016
- Data as of
- 12/2022
- EIN
- 13-3447662
Organization Overview
Council For Living Music Inc is located in New York, NY. The organization was established in 2016. According to its NTEE Classification (A68) the organization is classified as: Music, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Council For Living Music 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 12/2022, Council For Living Music Inc generated $12.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (15.1%) each year. All expenses for the organization totaled $11.0k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (17.1%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
ASSISTANCE TO PROMOTE LIVE MUSIC.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Augustino Gagliardi President | 5 | $0 | |
Tom Olcott Treasurer | 5 | $0 | |
Greg Thymius Director | 3 | $0 | |
Bruce Bonvissuto Secretary | 8 | $0 | |
Bettina Covo Chairperson | 17.5 | $0 | |
Martha Hyde Director | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $12,224 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $12,224 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $600 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $10,417 |
| Total expenses | $11,017 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $23,071 |
| Other assets | $0 |
| Total assets | $23,071 |
| Total liabilities | $0 |
| Net assets or fund balances | $23,071 |
Grants Awarded
Over the last fiscal year, Council For Living Music Inc has awarded $79,312 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
WORKERS UNITE FILM FESTIVAL INC PURPOSE: EXPENDITURES TO PROMOTE LIVE MUSIC. | $6,057 |
LEGIT INC PURPOSE: EXPENDITURES TO PROMOTE LIVE MUSIC. | $73,255 |