Spirito
- Assets
- $213.0k
- Revenue
- $275.3k
- Investments
- $0.0
- Employees
- 7
- Location
- Oak Brook, IL
- Founding
- 08/2008
- Data as of
- 06/2021
- EIN
- 26-2273153
Organization Overview
Spirito is located in Oak Brook, IL. 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 06/2021, Spirito employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Spirito 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, Spirito generated $275.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (7.2%) each year. All expenses for the organization totaled $272.5k during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (7.5%) 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
SPIRITO IS AN ORGANIZATION WHERE YOUNG PEOPLE DEVELOP CHARACTER, DISCIPLINE AND CIVIC RESPONSIBILITY IN AN ENVIRONMENT OF HIGH LEVEL CHORAL MUSIC EDUCATION AND COMMUNITY SERVICE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION OFFERS YOUNG SINGERS THE OPPORTUNITY TO LEARN AND GROW THROUGH EXCEPTIONAL VOCAL AND MUSICIANSHIP TRAINING, DISCIPLINE AND PERFORMANCE. WEEKLY CLASSROOM INSTRUCTION PROVIDES SINGERS WITH CURRICULUM BASED, MULTI-LEVEL MUSIC THEORY. THE CHOIRS SHARE THEIR GIFTS BY SINGING AT AREA CHURCHES AND CONCERTS THROUGHOUT THE YEAR.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mary J Adkins Executive Dir. | Officer | 40 | $54,375 |
Doug Rausch President | OfficerTrustee | 4 | $0 |
Kristi Tolman Vice President | OfficerTrustee | 4 | $0 |
Kevin Mcgann Secretary | OfficerTrustee | 4 | $0 |
William Bowbin Director | Trustee | 4 | $0 |
Mark Daniel Director | Trustee | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $6,012 |
| Related organizations | $0 |
| Government grants | $89,785 |
| All other contributions, gifts, grants, and similar amounts not included above | $32,171 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $127,968 |
| Total Program Service Revenue | $112,119 |
| Investment income | $782 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $18,936 |
| Net Income from Gaming Activities | $14,170 |
| Net Income from Sales of Inventory | $56 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $275,273 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $175 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $54,375 |
| Compensation of current officers, directors, key employees. | $38,062 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $97,759 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $8,585 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $5,100 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $5,170 |
| Advertising and promotion | $0 |
| Office expenses | $18,019 |
| Information technology | $3,576 |
| Royalties | $0 |
| Occupancy | $24,784 |
| 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 | $971 |
| Insurance | $4,112 |
| All other expenses | $3,366 |
| Total functional expenses | $272,464 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $47,600 |
| Savings and temporary cash investments | $143,602 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $8,605 |
| 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 | $9,838 |
| Net Land, buildings, and equipment | $1,005 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $2,365 |
| Total assets | $213,015 |
| Accounts payable and accrued expenses | $12,944 |
| Grants payable | $0 |
| Deferred revenue | $2,700 |
| 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 | $39,118 |
| Total liabilities | $54,762 |
| Net assets without donor restrictions | $158,253 |
| 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 | $213,015 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Spirito has recieved totaling $420.
| Awarding Organization | Amount |
|---|---|
Caryl H And Bernard M Susman Family Foundation Wilmington, DE PURPOSE: GENERAL & UNRESTRICTED | $250 |
Bank Of America Charitable Foundation Inc Charlotte, NC PURPOSE: OPERATIONAL SUPPORT | $100 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $70 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Uniting Voices Chicago, IL | $5,644,708 | $5,523,415 |
Indianapolis Childrens Choir Incorporated Indianapolis, IN | $2,588,853 | $1,634,208 |
St Louis Childrens Choirs Saint Louis, MO | $1,132,837 | $819,835 |
Heartland Sings Inc Fort Wayne, IN | $1,012,821 | $806,590 |
Heartland Mens Chorus Kansas City, MO | $1,030,553 | $861,236 |
Chicago A Cappella Chicago, IL | $680,172 | $466,829 |
Indianapolis Symphonic Choir Inc Indianapolis, IN | $1,174,245 | $854,950 |
Sounds Good Choir Nfp Downers Grove, IL | $2,341,821 | $486,305 |
Association For Surgical Education Inc Springfield, IL | $1,230,968 | $488,060 |
Young Naperville Singers Naperville, IL | $544,369 | $571,260 |
Fort Wayne Childrens Choir Inc Fort Wayne, IN | $764,243 | $488,167 |
St Charles Singers St Charles, IL | $102,391 | $355,463 |