Summertrios Incorporated
- Assets
- $63.6k
- Revenue
- $194.2k
- Investments
- $0.0
- Employees
- 32
- Location
- Moorestown, NJ
- Founding
- 01/1998
- Data as of
- 09/2023
- EIN
- 23-2775746
Organization Overview
Summertrios Incorporated is located in Moorestown, NJ. The organization was established in 1998. According to its NTEE Classification (A60) the organization is classified as: Performing Arts, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 09/2023, Summertrios Incorporated employed 32 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Summertrios Incorporated 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 09/2023, Summertrios Incorporated generated $194.2k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (0.7%) each year. All expenses for the organization totaled $224.6k during the year ending 09/2023. 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
TO PROVIDE OPPORTUNITIES TO ADULT NON PROFESSIONAL MUSICIANS TO PLAY CHAMBER MUSIC, TO TEACH THE ART OF CHAMBER MUSIC TO ADULT NON PROFESSIONALS, TO INCREASE APPRECIATION OF CHAMBER MUSIC AMONG PARTICIPANTS AND TO OPEN DOORWAYS TO NEW AND LASTING FRIENDSHIPS AMONG PARTICIPANTS AND FACULTY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PRO-AM WEEK- THIS WORKSHOP PROVIDES OPPORTUNITIES FOR AMATEUR MUSICIANS TO PLAY AND PERFORM IN CHAMBER MUSIC ENSEMBLE WITH PROFESSIONAL MUSICIANS. THIS UNIQUE OPPORTUNITY ENHANCES THE PERFORMANCE SKILLS OF THE AMATEUR AND BRINGS THEM TO A NEW LEVEL. THIS PROGRAM SERVED 9 MUSICIANS.
FINDING YOUR VOICE: THIS 2-DAY WORKSHOP FOR STRINGS LED BY VIOLINIST/COACH LIZ FIELD EXPLORES THE TECHNICAL AND EXPRESSIVE ELEMENTS OF RENDERING A BEAUTIFUL MELODY. PARTICIPANTS BRING PASSAGES FROM THEIR REPERTOIRE THAT THEY WOULD LIKE TO PLAY MORE EXPRESSIVELY. FOCUS IS ON TONE PRODUCTION WITH EXERCISES AND ENSEMBLE WORK. THE FINAL CLASS IS AN INFORMAL PLAYTHROUGH. THIS PROGRAM SERVED 7 MUSICIANS.
INTENSIVE WEEK- THIS CHAMBER MUSIC WORKSHOP PROVIDES FACULTY COACHED REHEARSALS AND PERFORMANCE OPPORTUNITIES FOR AMATEUR MUSICIANS TO PLAY IN WOODWIND, FLUTE, FRENCH HORN, STRING AND PIANO ENSEMBLES. THIS PROGRAM OFFERS AN OPPORTUNITY TO WORK ON TWO REPERTOIRE CHOICES, IN MUCH MORE DEPTH, WITH MORE SESSIONS ON EACH ONE. THIS PROGRAM SERVED 62 MUSICIANS.
SKILLS & DRILLS: THIS WEEK-LONG WORKSHOP FOR STRINGS IS LED BY COACH/VIOLINIST JILL SCHULTZ. THE PROGRAM IS DESIGNED TO HELP LATE STARTER AND EMERGING STRING PLAYERS ENTER AND ENJOY THE WORLD OF CHAMBER MUSIC, WITH A FOCUS ON TECHNIQUE, INTONATION AND CHAMBER MUSIC SKILLS. PARTCIPANTS WILL EXPLORE THE VARIOUS CHAMBER MUSIC REPERTOIRE AVAILABLE TO ENTRY LEVEL PLAYERS, WITH THE WEEK CULMINATING IN AN ENSEMBLE PERFORMANCE. THIS PROGRAM SERVED 6 MUSICIANS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brianna Tagliaferro Director | Trustee | 1 | $14,300 |
Keith Colon Director | Trustee | 3 | $5,835 |
Lily Friedman Director Eme | Trustee | 5 | $2,600 |
Lindy Clarke Director | Trustee | 1 | $2,300 |
Doris Hall-Gulati Director | Trustee | 1 | $450 |
Connie Phillips Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $33,116 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $33,116 |
| Total Program Service Revenue | $158,897 |
| Investment income | $2,171 |
| 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 | $194,184 |
| 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. | $26,694 |
| Compensation of current officers, directors, key employees. | $15,216 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $89,364 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $2,256 |
| Payroll taxes | $10,719 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,695 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $175 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $73,488 |
| 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 | $1,930 |
| All other expenses | $4,074 |
| Total functional expenses | $224,632 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $53,578 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,926 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $8,075 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $63,579 |
| Accounts payable and accrued expenses | $1,350 |
| 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 | $1,350 |
| Net assets without donor restrictions | $0 |
| 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 | $62,229 |
| Total liabilities and net assets/fund balances | $63,579 |