New York Festival Of Song Inc
- Assets
- $322.3k
- Revenue
- $427.6k
- Investments
- $0.0
- Employees
- 2
- Location
- New York, NY
- Founding
- 12/1993
- Data as of
- 06/2022
- EIN
- 13-3570387
Organization Overview
New York Festival Of Song Inc is located in New York, NY. The organization was established in 1993. 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 06/2022, New York Festival Of Song Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. New York Festival Of Song 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, New York Festival Of Song Inc generated $427.6k 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 (3.9%) each year. All expenses for the organization totaled $398.6k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (0.9%) per year over the past 7 years. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
NYFOS IS DEDICATED TO CREATING INTIMATE SONG CONCERTS OF GREAT BEAUTY AND ORIGINALITY, WEAVING MUSIC, POETRY, HISTORY AND HUMOR INTO UNFORGETTABLE EVENINGS OF COMPELLING THEATER, ENTERTAINING, EDUCATING AND CREATING COMMUNITY AMONG PERFORMERS AND AUDIENCES, IN A SPIRIT OF SHARED ADVENTURE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
NEW YORK FESTIVAL OF SONG (NYFOS) IS A NON-PROFIT, CONCERT-GIVING ORGANIZATION BASED IN MANHATTAN THAT HAS BEEN DELIGHTING AUDIENCES AND DAZZLING CRITICS FOR OVER TWO DECADES. NEWSDAY HAS RIGHTLY CALLED NYFOS THE MOST RELIABLY EXCELLENT MUSICAL ORGANIZATION IN NEW YORK. NYFOS PERFORMANCES FEATURE SOME OF THE WORLDS FINEST VOCAL TALENTS, BOTH ESTABLISHED AND EMERGING, IN HIGH-ENERGY ENSEMBLE PRODUCTIONS WITH REPERTOIRE RANGING FROM ART SONG AND OPERA TO BROADWAY AND THE BLUES. NYFOS ALSO NURTURES THE ARTISTRY AND CAREERS OF YOUNG SINGERS IN RESIDENCIES WITH THE JUILLIARD SCHOOL, CARAMOOR CENTER FOR THE ARTS, SAN FRANCISCO OPERA, AND GLIMMERGLASS OPERA.NYFOSS DRAMATICALLY-CHARGED THEMATIC PROGRAMMING AND ITS COMMISSIONS, AND PREMIERES OF NEW AMERICAN WORKS REACH A WIDER PUBLIC THROUGH NATIONAL AND INTERNATIONAL TOURS, RECORDINGS AND BROADCASTS; NYFOSS NEW YORK CONCERT SERIES REMAINS A DESTINATION FOR LOVERS OF VOCAL MUSIC FROM ACROSS THE GLOBE.THE INTIMACY, ELEGANCE AND ECONOMY OF NYFOS PRESENTATIONS AND THEIR IRRESISTIBLE APPEAL FOR AUDIENCES OF ALL BACKGROUNDS MAKE NYFOS A UNIQUE AND ESSENTIAL RESOURCE FOR NEW YORKS LIVE PERFORMING ARTS COMMUNITY. NYFOS ARTISTS, ENRICHED AND INSPIRED BY THE JOYOUS APPROACH NYFOS BRINGS TO CONCERT GIVING, CARRY THE NYFOS SPIRIT OF SHARED MUSICAL DISCOVERY WITH THEM WHEREVER THEY PERFORM. THE YOUNG ARTISTS THAT NYFOS MENTORS CARRY THAT SPIRIT FORWARD TO THE NEXT GENERATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Charles Mckay Managing Dir. | Officer | 40 | $85,500 |
Steven Blier Artistic Dir. | Officer | 40 | $53,000 |
Claire Molloy Deputy Dir. | Officer | 40 | $41,000 |
Judy Goetz Sanger Board Of Dir. | Trustee | 1 | $0 |
Peter M Thall Board Of Dir. | Trustee | 1 | $0 |
Philip Kalikman Board Of Dir. | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $80,784 |
| Related organizations | $0 |
| Government grants | $61,455 |
| All other contributions, gifts, grants, and similar amounts not included above | $234,397 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $376,636 |
| Total Program Service Revenue | $50,944 |
| Investment income | $36 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $427,616 |
| 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. | $85,500 |
| Compensation of current officers, directors, key employees. | $8,550 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $41,000 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $6,807 |
| Payroll taxes | $9,677 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $8,625 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $4,800 |
| Advertising and promotion | $0 |
| Office expenses | $6,280 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $8,890 |
| Travel | $12,562 |
| 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 | $66 |
| Insurance | $3,060 |
| All other expenses | $29,511 |
| Total functional expenses | $398,578 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $180,877 |
| Savings and temporary cash investments | $99,299 |
| Pledges and grants receivable | $37,520 |
| 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 | $2,207 |
| Net Land, buildings, and equipment | $2,433 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $322,336 |
| Accounts payable and accrued expenses | $19,193 |
| 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 | $19,193 |
| Net assets without donor restrictions | $279,052 |
| Net assets with donor restrictions | $24,091 |
| 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 | $322,336 |