Friends Of Chamber Music
- Assets
- $5.7m
- Revenue
- $1.4m
- Investments
- $0.0
- Employees
- 6
- Location
- Portland, OR
- Founding
- 07/2003
- Data as of
- 06/2023
- EIN
- 23-7124366
Organization Overview
Friends Of Chamber Music is located in Portland, OR. The organization was established in 2003. 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 06/2023, Friends Of Chamber Music employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Friends Of Chamber Music 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 06/2023, Friends Of Chamber Music generated $1.4m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 14.2% each year . All expenses for the organization totaled $803.6k during the year ending 06/2023. While expenses have increased by 5.2% per year over the past 4 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO PRESENT A BROAD RANGE OF THE HIGHEST QUALITY CHAMBER MUSIC ENSEMBLES AND ARTISTS, AND PROVIDE EDUCATIONAL OUTREACH TO FURTHER CHAMBER MUSIC IN OUR COMMUNITY. WE WELCOME EVERYONE AND HONOR OUR COMMITMENT TO DIVERSITY AND INCLUSION IN ALL ASPECTS OF THIS ENDEAVOR.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FRIENDS OF CHAMBER MUSIC TYPICALLY PRESENTS 22-28 CONCERTS AND EDUCATIONAL ACTIVITIES FROM OCTOBER THROUGH MAY, FEATURING THE VERY FINEST CHAMBER ENSEMBLES IN THE WORLD, BOTH WORLD-RENOWNED AND YOUNG, EMERGING ARTISTS. PROGRAMS INCLUDE: (1) A CLASSIC SERIES THAT OFFERS 5 ENSEMBLES IN 10 CONCERTS EACH SEASON (PREDOMINANTLY STRING QUARTETS AND PIANO TRIOS); (2) A NOT SO CLASSIC SERIES THAT OFFERS 2-4 NON-TRADITIONAL, CONTEMPORARY, OR ALTERNATIVE ENSEMBLES; (3) A VOCAL ARTS SERIES THAT OFFERS 2-4 ENSEMBLES OR RECITALISTS; (4) AN EDUCATIONAL OUTREACH PROGRAM THAT OFFERS EDUCATIONAL OUTREACH ACTIVITIES IN PUBLIC SCHOOLS, AS WELL AS VARIOUS COMMUNITY OUTREACH ACTIVITIES; AND (5) A SERIES OF 20-25 FUNDRAISING EVENTS CALLED DINNER WITH FRIENDS. FRIENDS OF CHAMBER MUSIC PRESENTED 15 CONCERTS IN THE 2022-23 SEASON AS PART OF THE CLASSIC SERIES, NOT SO CLASSIC SERIES, AND VOCAL ARTS SERIES. IN ADDITION, FOCM PRESENTED A DVORAK FESTIVAL THAT INCLUDED 5 CONCERTS. CONCERTS TOOK PLACE IN LINCOLN PERFORMANCE HALL, ST. PHILIP NERI CHURCH, AND THE PATRICIA RESER CENTER FOR THE ARTS. TOTAL ATTENDANCE AT ALL CONCERTS WAS APPROXIMATELY 6,244. FOCM ALSO OFFERED 19 DINNER WITH FRIENDS FUNDRAISING EVENTS WITH TOTAL ATTENDANCE APPROXIMATELY 500. IN ADDITION, FRIENDS OF CHAMBER MUSIC PRESENTED 18 EDUCATIONAL OUTREACH ACTIVITIES FEATURING OUR PROFESSIONAL VISITING MUSICIANS WITH APPROXIMATELY 1,200 ATTENDEES. EDUCATIONAL EVENTS WERE OFFERED FOR MIDDLE AND HIGH SCHOOL STUDENTS AT REYNOLDS HIGH SCHOOL, GEORGE MIDDLE SCHOOL, UNION HIGH SCHOOL, AND THE ARTS AND COMMUNICATION MAGNET ACADEMY. THREE PUBLIC MASTER CLASSES AND TWO WORKSHOPS WERE OFFERED AT PORTLAND STATE UNIVERSITY. A PANEL DISCUSSION, TWO LECTURES, AND TWO FILMS WERE OFFERED AS PART OF THE DVORAK FESTIVAL. ONE OF THE VISITING ENSEMBLES, TRIO KARENINE, PRESENTED A CONCERT AT MARY'S WOODS RETIREMENT COMMUNITY. AN 8-SESSION CHAMBER MUSIC APPRECIATION CLASS AND A 3-SESSION VOCAL APPRECIATION CLASS WERE OFFERED.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jan Loewen President | OfficerTrustee | 15 | $0 |
George Oh Vice President | OfficerTrustee | 10 | $0 |
Dan Mueller Treasurer | OfficerTrustee | 2 | $0 |
Laura Jaquith Bartlett Secretary | OfficerTrustee | 2 | $0 |
Ulrich H Hardt Immediate Past President | Trustee | 2 | $0 |
Galen Cohen Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $26,344 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $957,004 |
| Noncash contributions included in lines 1a–1f | $17,491 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $983,348 |
| Total Program Service Revenue | $362,340 |
| Investment income | $55,390 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $2,219 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,415,769 |
| 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. | $147,995 |
| Compensation of current officers, directors, key employees. | $14,372 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $102,711 |
| Pension plan accruals and contributions | $11,207 |
| Other employee benefits | $2,187 |
| Payroll taxes | $19,030 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $9,198 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $234,485 |
| Advertising and promotion | $32,103 |
| Office expenses | $31,087 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $60,415 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $3,185 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $4,035 |
| All other expenses | $25,899 |
| Total functional expenses | $803,551 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $119,768 |
| Savings and temporary cash investments | $252,012 |
| Pledges and grants receivable | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $1,225,756 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $4,076,247 |
| Total assets | $5,673,783 |
| Accounts payable and accrued expenses | $33,390 |
| Grants payable | $0 |
| Deferred revenue | $174,183 |
| 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 | $207,573 |
| Net assets without donor restrictions | $5,372,240 |
| Net assets with donor restrictions | $93,970 |
| 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 | $5,673,783 |