Alarm Will Sound Inc
- Assets
- $550.2k
- Revenue
- $870.8k
- Investments
- $0.0
- Employees
- 3
- Location
- Brooklyn, NY
- Founding
- 01/2005
- Data as of
- 07/2022
- EIN
- 20-1125609
Organization Overview
Alarm Will Sound Inc is located in Brooklyn, NY. The organization was established in 2005. According to its NTEE Classification (A69) the organization is classified as: Symphony Orchestras, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 07/2022, Alarm Will Sound Inc employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Alarm Will Sound 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 07/2022, Alarm Will Sound Inc generated $870.8k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 0.5% each year. All expenses for the organization totaled $894.9k during the year ending 07/2022. While expenses have increased by 1.9% per year over the past 6 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
CONCERT TOURS AND RECORDINGS OF CONTEMPORARY CLASSICAL MUSIC. COMMISSIONING OF NEW WORK BY COMPOSERS, WRITERS, CHOREOGRAPHERS, DIRECTORS, AND DESIGNERS. EDUCATION OF MUSICIANS AND PUBLIC ABOUT CONTEMPORARY CLASSICAL MUSIC THROUGH WORKSHOPS, SEMINARS AND RESIDENCIES.
Describe the Organization's Program Activity:
PERFORMED 16 CONCERTS, PARTICIPATED IN COMPOSER WORKSHOPS AT UNIVERSITY OF MARYLAND AND UNIVERSITY OF MISSOURI, PARTICIPATED IN RESIDENCY WORKSHOPS AT EASTMAN, CONDUCTED 2 WORKSHOPS FOR PROJECTS PAPER PIANOS AND LOVE ALWAYS, MADE 1 VIDEO RECORDING AND 9 AUDIO RECORDINGS
COMMISSIONED NEW ARTISTIC WORKS FROM COMPOSERS, ARRANGERS, CHOREOGRAPHERS, DIRECTORS, AND DESIGNERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gavin Chuck Executive Dir. | OfficerTrustee | 40 | $27,439 |
Alan Pierson Artistic Dir. | OfficerTrustee | 40 | $20,735 |
Daniel Baldini Treasurer | Trustee | 0 | $0 |
David Lang Director | Trustee | 0 | $0 |
Steve Reich Director | Trustee | 0 | $0 |
John Pickford Richards Secretary | Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $77,480 |
| All other contributions, gifts, grants, and similar amounts not included above | $484,768 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $562,248 |
| Total Program Service Revenue | $306,130 |
| Investment income | $412 |
| 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 | $870,768 |
| 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. | $127,713 |
| Compensation of current officers, directors, key employees. | $63,486 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $1,987 |
| Other employee benefits | $0 |
| Payroll taxes | $17,056 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $7,675 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $484,541 |
| Advertising and promotion | $8,094 |
| Office expenses | $1,260 |
| Information technology | $574 |
| Royalties | $2,960 |
| Occupancy | $5,090 |
| Travel | $186,571 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $5,224 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,610 |
| All other expenses | $0 |
| Total functional expenses | $894,947 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $97,085 |
| Savings and temporary cash investments | $100,848 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $340,023 |
| 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 | $12,262 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $550,218 |
| Accounts payable and accrued expenses | $108,879 |
| 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 | $192,536 |
| Total liabilities | $301,415 |
| Net assets without donor restrictions | $248,803 |
| 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 | $550,218 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Alarm Will Sound Inc has recieved totaling $304,000.
| Awarding Organization | Amount |
|---|---|
Andrew W Mellon Foundation New York, NY PURPOSE: TO CONTINUE SUPPORT FOR ARTISTIC INITIATIVES AND ORGANIZATIONAL DEVELOPMENT | $300,000 |
Ge Foundation Norwalk, CT PURPOSE: MATCHING GIFTS | $4,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Boston Symphony Orchestra Inc Boston, MA | $745,262,219 | $89,872,398 |
Philharmonic-Symphony Society Of New York Inc New York, NY | $534,569,080 | $138,634,882 |
Philadelphia Orchestra Association Philadelphia, PA | $211,538,479 | $41,118,272 |
Pittsburgh Symphony Inc Pittsburgh, PA | $194,466,393 | $30,739,984 |
New Jersey Symphony Orchestra Newark, NJ | $12,634,412 | $12,910,552 |
Buffalo Philharmonic Orchestra Society Inc Buffalo, NY | $15,185,404 | $13,394,584 |
Rochester Philharmonic Orchestra Inc Rochester, NY | $20,757,567 | $7,702,051 |
Cape Arts & Entertainment Inc West Barnstable, MA | $10,466,895 | $5,101,262 |
Orpheus Chamber Orchestra Inc New York, NY | $1,908,737 | $3,345,104 |
Boston Youth Symphony Orchestra Inc Boston, MA | $8,731,148 | $5,999,512 |
Hartford Symphony Orchestra Inc Hartford, CT | $12,831,218 | $4,378,736 |
Musical Associates Of Central New York Inc Syracuse, NY | $3,413,784 | $4,180,183 |