Friends Of Chamber Music
- Assets
- $2.0m
- Revenue
- $605.9k
- Investments
- $0.0
- Employees
- 5
- Location
- Portland, OR
- Founding
- 07/2003
- Data as of
- 06/2021
- 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 06/2021, Friends Of Chamber Music employed 5 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 06/2021, Friends Of Chamber Music generated $605.9k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (0.1%) each year. All expenses for the organization totaled $348.8k during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (5.4%) per year over the past 6 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
2021
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 (FOCM) WAS NOT ABLE TO PRESENT ANY LIVE CONCERTS IN FISCAL YEAR 2021, BUT DID PRESENT 10 VIRTUAL CONCERTS, WHICH WERE FREE AND OPEN TO THE PUBLIC, AND ONE VIRTUAL CONCERT THAT WAS AVAILABLE EXCLUSIVELY TO STRADIVARIUS SOCIETY MEMBERS. TOTAL VIEWS OF THE VIRTUAL CONCERTS WERE APPROXIMATELY 11,660. IN ADDITION, FRIENDS OF CHAMBER MUSIC PRESENTED SIX VIRTUAL COMMUNITY ENGAGEMENT ACTIVITIES: TAMBUCO PERCUSSION ENSEMBLE CONDUCTED A VIRTUAL MASTER CLASS WITH PORTLAND STATE UNIVERSITY STUDENTS AND TAMBUCO'S LEADER RICARDO GALLARDO MADE HIMSELF AVAILABLE FOR AN HOUR-LONG "VIRTUAL HANGOUT" WITH METROPOLITAN YOUTH SYMPHONY'S RAUL GOMEZ. ALL FOUR MEMBERS OF THE FAURE PIANO QUARTET ALSO HAD AN HOUR-LONG "VIRTUAL HANGOUT" WITH RAUL GOMEZ. RACHEL BARTON PINE PERFORMED A LECTURE DEMONSTRATION FOR PORTLAND YOUTH PHILHARMONIC MUSICIANS, AND FOCM ARRANGE FOR LOCAL RETIRED MUSIC CRITIC DAVID STABLER TO BE A GUEST LECTURER AT ARTS & COMMUNICATION MAGNET ACADEMY, BEFORE THE STUDENTS WATCHED THE VIRTUAL CONCERT OF TAMBUCO AND WROTE THEIR OWN REVIEWS. WE ALSO OFFERED VIRTUAL PRE-CONCERT LECTURES BEFORE THE RICHARD GOODE AND SARAH SHAFER VIRTUAL CONCERTS. DUE TO PANDEMIC CONCERNS, NO DINNER WITH FRIENDS WERE OFFERED IN FISCAL YEAR 2021.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Pat Zagelow Executive Director | Officer | 40 | $99,291 |
Ulrich H Hardt President | OfficerTrustee | 15 | $0 |
Susan Mandiberg Secretary(through March 2021) | OfficerTrustee | 2 | $0 |
Dan Mueller Treasurer | OfficerTrustee | 2 | $0 |
Carol Linne Secretary(beginning April 2021) | OfficerTrustee | 2 | $0 |
Jan Loewen Vice President | OfficerTrustee | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $595,952 |
| Investment income | $9,898 |
| 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 | $605,850 |
| Statement of Expenses | |
|---|---|
| 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. | $117,442 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $51,200 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $7,680 |
| Payroll taxes | $11,673 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $8,440 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $64,671 |
| Advertising and promotion | $19,497 |
| Office expenses | $19,498 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $27,377 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $3,016 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,705 |
| All other expenses | $0 |
| Total functional expenses | $348,804 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $410,640 |
| Savings and temporary cash investments | $149,891 |
| Pledges and grants receivable | $60,000 |
| 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 | $8,000 |
| Investments—publicly traded securities | $821,326 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $538,401 |
| Total assets | $1,988,258 |
| Accounts payable and accrued expenses | $22,922 |
| Grants payable | $0 |
| Deferred revenue | $172,795 |
| 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 | $46,000 |
| Other liabilities | $0 |
| Total liabilities | $241,717 |
| 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 |
| Total liabilities and net assets/fund balances | $1,746,541 |
Grants Recieved
Over the last fiscal year, we have identified 6 grants that Friends Of Chamber Music has recieved totaling $108,162.
| Awarding Organization | Amount |
|---|---|
Regional Arts & Culture Council Portland, OR PURPOSE: GENERAL OPERATING SUPPORT | $30,000 |
Wyss Foundation Portland, OR PURPOSE: ARTCK.02798 | $30,000 |
James F And Marion L Miller Foundation Portland, OR PURPOSE: OSI RENEWAL | $30,000 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $12,062 |
Schwab Charitable Fund San Francisco, CA PURPOSE: ARTS, CULTURE & HUMANITIES | $6,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $100 |
Endowment Analysis
| Beg. Balance | $408,829 |
| Earnings | $146,506 |
| Other Expense | $16,934 |
| Ending Balance | $538,401 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
San Francisco Symphony San Francisco, CA | $429,119,299 | $66,425,902 |
Seattle Symphony Orchestra Inc Seattle, WA | $18,857,224 | $30,239,580 |
San Diego Symphony Orchestra Association San Diego, CA | $168,111,113 | $56,683,795 |
Oregon Symphony Association Portland, OR | $27,740,551 | $13,773,397 |
Pacific Symphony Irvine, CA | $52,133,763 | $17,603,170 |
San Diego Symphony Foundation San Diego, CA | $121,018,561 | $925,945 |
Spokane Symphony Society Spokane, WA | $21,554,106 | $5,421,713 |
Philharmonia Baroque Orchestra & Chorale San Francisco, CA | $8,005,058 | $4,824,687 |
Santa Rosa Symphony Association Santa Rosa, CA | $23,001,628 | $6,302,463 |
Pasadena Symphony Association Pasadena, CA | $11,596,205 | $5,563,647 |
Santa Barbara Symphony Orchestra Association Santa Barbara, CA | $1,028,763 | $2,763,199 |
The Los Angeles Chamber Orchestra Society Inc Los Angeles, CA | $5,194,806 | $3,490,076 |