Cantabile Youth Singers
- Assets
- $546.3k
- Revenue
- $560.6k
- Investments
- $91.0k
- Employees
- 6
- Location
- Los Altos, CA
- Founding
- 05/2008
- Data as of
- 06/2023
- EIN
- 26-1889134
Organization Overview
Cantabile Youth Singers is located in Los Altos, CA. The organization was established in 2008. According to its NTEE Classification (A6B) the organization is classified as: Singing & Choral Groups, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 06/2023, Cantabile Youth Singers employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cantabile Youth Singers 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, Cantabile Youth Singers generated $560.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (5.4%) each year. All expenses for the organization totaled $504.3k during the year ending 06/2023. As we would expect to see with falling revenues, expenses have declined by (7.3%) per year over the past 8 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
CANTABILE YOUTH SINGERS BRINGS WORLD-CLASS ARTISTIC EXCELLENCE IN VOCAL MUSIC INSTRUCTION BY CREATING A SUPPORTIVE, ENRICHING CHORAL COMMUNITY FOR ALL, FOSTERING THE BEAUTY, TALENT, AND INDIVIDUAL FREEDOM OF EXPRESSION WITHIN EACH SINGER.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OVER THE COURSE OF 2022 AND 2023, CANTABILE HAS RETURNED ITS PROGRAMS TO PRE-PANDEMIC LEVEL OFFERINGS. WE RESUMED OUR OVERNIGHT STUDENT RETREAT, WORKSHOPS WITH PROFESSIONAL MUSICIANS, AND COLLABORATIONS WITH THE SAN JOSE SYMPHONY AND SAN JOSE SYMPHONY CHORALE. SUMMER 2024 WILL FEATURE OUR NEXT INTERNATIONAL TOUR FOR ADVANCED CHOIRS TO AUSTRALIA AND NEW ZEALAND, AS WELL AS A DOMESTIC TOUR FOR AVANTI SINGERS TO PERFORM IN NEW YORK CITY AT CARNEGIE HALL.CONTINUED ON SCHEDULE O....
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Elena Sharkova Artistic Dir. | Officer | 40 | $86,901 |
Gnanika Wijayaratne President | OfficerTrustee | 2 | $0 |
Pavitra Kandadai Treasurer | OfficerTrustee | 1 | $0 |
Elaine Wu Secretary | OfficerTrustee | 1 | $0 |
Scott Burke Broad Member | Trustee | 0.5 | $0 |
Usha Nesamoney Board Member | Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $51,496 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $156,316 |
| Noncash contributions included in lines 1a–1f | $16,175 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $207,812 |
| Total Program Service Revenue | $375,263 |
| Investment income | $3,194 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$26,554 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $850 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $560,565 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $18,752 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $96,901 |
| Compensation of current officers, directors, key employees. | $24,225 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $132,699 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $7,249 |
| Payroll taxes | $19,435 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $51,131 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $116,170 |
| Advertising and promotion | $3,439 |
| Office expenses | $458 |
| Information technology | $4,967 |
| 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 | $1,792 |
| All other expenses | $16,439 |
| Total functional expenses | $504,297 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $99,468 |
| Savings and temporary cash investments | $349,734 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $6,111 |
| 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 | $0 |
| Investments—other securities | $90,971 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $546,284 |
| Accounts payable and accrued expenses | $38,336 |
| Grants payable | $0 |
| Deferred revenue | $29,856 |
| 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 | $3,450 |
| Total liabilities | $71,642 |
| Net assets without donor restrictions | $474,642 |
| 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 | $546,284 |