All-Star Orchestra Summit
- Assets
- $1.9m
- Revenue
- $594.7k
- Investments
- $0.0
- Employees
- 0
- Location
- Larchmont, NY
- Founding
- 07/2009
- Data as of
- 12/2023
- EIN
- 26-4546279
Organization Overview
All-Star Orchestra Summit is located in Larchmont, NY. The organization was established in 2009. According to its NTEE Classification (A99) the organization is classified as: Arts, Culture & Humanities N.E.C., under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. All-Star Orchestra Summit 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 12/2023, All-Star Orchestra Summit generated $594.7k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 2.5% each year. All expenses for the organization totaled $254.6k during the year ending 12/2023. 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
FOUNDED IN 2008, THE MISSION OF THE ALL-STAR ORCHESTRA ( THE ORGANIZATION) IS TO MAKE ACCESSIBLE, FOR FREE, THE JOY AND UNDERSTANDING OF CLASSICAL MUSIC TO THE WIDEST POSSIBLE AUDIENCE THROUGH PUBLIC TELEVISION AND THE WORLD'S LARGEST EDUCATIONAL WEBSITE: THE KHAN ACADEMY. TO ACHIEVE THIS THE ORGANIZATION PRODUCES, FILMS, AND RECORDS CLASSICAL AND CONTEMPORARY ORCHESTRAL MASTERPIECES IN A CONCERT HALL, WITH THE RESULTING PROGRAMS TO BE BROADCAST OVER LOCAL, NATIONAL AND INTERACTIVE PUBLIC MEDIA. THE PROGRAMS INCLUDE A STRONG EDUCATIONAL COMPONENT AND ARE INSPIRING NEW DIRECTIONS FOR MUSIC EDUCATION ( 5 MILLION MUSIC STUDENTS REACHED VIA KHAN ACADEMY), ENTERTAINMENT, AND HIGH-LEVEL ARTISTIC EXPOSURE FOR A BROAD AND DIVERSE AUDIENCE. SEASON ONE WAS RECORDED IN 2012,SEASON TWO IN 2014,SEASON 3 IN 2016, SEASON FOUR IN 2018. NATIONAL BROADCASTS AND REBROADCASTS VIA AMERICAN PUBLIC TELEVISION HAVE BEEN CONTINUOUS SINCE SEPTEMBER 2013. TO DATE THE PROGRAMS HAVE WON SEVEN EMMY AWARDS AND THE A
Describe the Organization's Program Activity:
Part 3 - Line 4a
ASO EXPENSES RELATE MOSTLY TO CREATING CONTENT, A FACT MORE EVIDENT IN ASO'S AUDITED FINANCIAL STATEMENTS THAN IN THE 990 . FOR EXAMPLE, THE 221,156 "FUNCTIONAL EXPENSES" FIGURE (PART IX, LINE 25) DOES NOT FULLY INCLUDE ASO'S PROGRAM INVESTMENTS THAT ARE PARTIALLY LISTED UNDER "INTANGIBLE ASSETS" (SEE PART X, LINE 14), WHICH FOR 2023 WAS $588,699 .
ASO PUBLIC TV ACCOMPLISHMENTS NATIONAL BROADCASTS OF FIVE SEASONS,21 PROGRAMS ON PUBLIC TELEVISION SINCE 2013, WINNING SEVEN EMMY AWARDS AND THE ASCAP BROADCASTING EXCELLENCE AWARD. SEASON FOUR: "ALL-STAR BAND MASTERPIECES"-RECORDED IN 2017 IN PARTNERSHIP WITH THE UNITED STATES MARINE BAND-PREMIERED IN NOVEMBER,2018, AND IS CURRENTLY IN NATIONAL BROADCAST ROTATION. THE ASO PROGRAM "NEW ENGLAND SPIRIT" WAS NOMINATED FOR TWO EMMY AWARDS AND WON THE AWARD FOR "SPECIAL EVENT" IN MAY,2019. SEASON 5 WAS RECORDED IN AUGUST,2019 AND BROADCAST NATIONALLY IN 2020. SEASON 6 WAS RECORDED IN AUGUST 2022 AND IS SCHEDULED FOR NATIONAL BROADCAST IN OCTOBER, 2023
ASO ONLINE EDUCATION ACCOMPLISHMENTS CREATED A UNIQUE MUSIC EDUCATION WEBSITE IN 2014 IN PARTNERSHIP WITH THE KHAN ACADEMY THAT IN 2018 IS REACHING OVER 6 MILLION STUDENTS WORLDWIDE. ORIGINAL CONTENT PRODUCED BY ASO INCLUDES: BASICS OF MUSIC, INSTRUMENTS OF THE ORCHESTRA, MASTERPIECES IN PERFORMANCE, WORK ANALYSES, ETC. FEATURED IN MUSICAL AMERICA AS AN "INNOVATOR FOR 2016." FUTURE PLANS INCLUDE CONTINUAL GROWTH OF MUSIC EDUCATIONAL CONTENT, WITH A GOAL TO REACH 10 MILLION STUDENTS IN THE NEXT YEAR.NEW CONTENT IS REGULARLY BEING ADDED. LESSONS ARE BEING TRANSLATED INTO MULTIPLE LANGUAGES TO REACH STUDENTS WORLD-WIDE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Paul Schwendener Executive Dir. | Officer | 20 | $60,000 |
Marlys Palumbo President | OfficerTrustee | 4 | $0 |
Ralph Palumbo Trustee | Trustee | 2 | $0 |
Jody Schwarz Trustee | Trustee | 2 | $0 |
Susan Hutchison Vice President | Trustee | 2 | $0 |
Michele Gerber Klein Trustee | 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 | $577,453 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $577,453 |
| Total Program Service Revenue | $0 |
| Investment income | $17,002 |
| 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 | $594,717 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $10,172 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $22,300 |
| Advertising and promotion | $126 |
| Office expenses | $1,261 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $49,690 |
| 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 | $151,800 |
| Insurance | $3,628 |
| All other expenses | $0 |
| Total functional expenses | $254,616 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $193,726 |
| Savings and temporary cash investments | $0 |
| 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 | $2,069 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $1,744,635 |
| Other assets | $0 |
| Total assets | $1,940,430 |
| Accounts payable and accrued expenses | $117,181 |
| 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 | $150,000 |
| Other liabilities | $0 |
| Total liabilities | $267,181 |
| Net assets without donor restrictions | $1,673,249 |
| 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 | $1,940,430 |