Musica Viva Inc
- Assets
- $181.1k
- Revenue
- $246.6k
- Investments
- $0.0
- Employees
- 4
- Location
- New York, NY
- Founding
- 10/1992
- Data as of
- 05/2022
- EIN
- 13-3677082
Organization Overview
Musica Viva Inc is located in New York, NY. The organization was established in 1992. As of 05/2022, Musica Viva Inc employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Musica Viva 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 05/2022, Musica Viva Inc generated $246.6k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 11.9% each year . All expenses for the organization totaled $161.4k during the year ending 05/2022. While expenses have increased by 5.5% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
MUSICA VIVA NY IS A CHAMBER CHOIR OF THIRTY PROFESSIONALS AND HIGHLY SKILLED VOLUNTEERS. SINCE ITS FOUNDING IN 1977, MUSICA VIVA NY HAS BEEN DRIVEN BY A DESIRE TO SHARE THE TRANSCENDENT POWER OF CHORAL AND INSTRUMENTAL MUSIC WITH AUDIENCES IN NEW YORK CITY AND BEYOND.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MUSICA VIVA NYS IMAGINATIVE PROGRAMMING OFFERS JOY, SOLACE AND RENEWAL IN A COMPLEX WORLD. PRESENTING A BROAD REPORTOIRE OF NEW COMPOSITIONS AND CLASSICE MASTERWORKS, MUSICA VIVA NY EMPHASIZES ARTISTIC EXCELLENCE AND TRANSFORMATIVE INTERPRETATIONS TO ENNOBLE THE HUMAN SPIRIT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Alejandro Hernandez-Valdez Artistic Director | Officer | 10 | $20,450 |
Danielle Buonaiuto Former Executive Director | Officer | 10 | $18,733 |
Jasna Vaisc Executive Director | Officer | 10 | $7,660 |
Winifred Olsen Secretary | Officer | 1 | $0 |
William C Bechman Vice President | Officer | 1 | $0 |
Lisa Obrien Treasurer | Officer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $21,400 |
| Related organizations | $0 |
| Government grants | $98,415 |
| All other contributions, gifts, grants, and similar amounts not included above | $113,957 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $233,772 |
| Total Program Service Revenue | $11,797 |
| Investment income | $736 |
| 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 | $246,617 |
| 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. | $46,843 |
| Compensation of current officers, directors, key employees. | $6,598 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,246 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $4,124 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $165 |
| Fees for services: Accounting | $2,781 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $82,502 |
| Advertising and promotion | $2,520 |
| Office expenses | $3,198 |
| Information technology | $749 |
| Royalties | $0 |
| Occupancy | $0 |
| 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 | $1,911 |
| All other expenses | $0 |
| Total functional expenses | $161,390 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $94,270 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $2,344 |
| Accounts receivable, net | $400 |
| 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 | $556 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $83,550 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $181,120 |
| Accounts payable and accrued expenses | $1,965 |
| 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 | $9,706 |
| Total liabilities | $11,671 |
| Net assets without donor restrictions | $158,449 |
| Net assets with donor restrictions | $11,000 |
| 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 | $181,120 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Musica Viva Inc has recieved totaling $18,067.
| Awarding Organization | Amount |
|---|---|
Rockefeller Philanthropy Advisors Inc New York, NY PURPOSE: GENERAL | $10,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: HUMAN SERVICES | $8,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $67 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Transitional Housing Services Inc Westampton, NJ | $700,713 | $1,703,701 |
American Friends Of Israel Elwyn Bala Cynwyd, PA | $2,677,201 | $664,705 |
Connecticut Association For Human Services Inc Hartford, CT | $1,452,136 | $1,498,143 |
Champlain Islanders Developing Essential Resources South Hero, VT | $406,823 | $466,738 |
Freedom Valley Disability Enablement Inc Newtown Square, PA | $81,328 | $207,043 |
Wurster Family Foundation Radnor, PA | $1,964,562 | $311,924 |
Musica Viva Inc New York, NY | $181,120 | $246,617 |
Joy Street Foundation New Vernon, NJ | $1,866,358 | $104,299 |
Jerome A Schiff Charitable Tr Wellesley, MA | $934,894 | $154,936 |
Andrew J Feldman Foundation Parsippany, NJ | $568,968 | $56,493 |
By My Side Ltd Philadelphia, PA | $13,512 | $0 |
Organization For International Development Bronx, NY | $73,324 | $0 |