Great Lakes Chamber Orchestra Incorporated
- Assets
- $208.4k
- Revenue
- $568.8k
- Investments
- $0.0
- Employees
- 7
- Location
- Petoskey, MI
- Founding
- 11/2002
- Data as of
- 06/2022
- EIN
- 30-0084912
Organization Overview
Great Lakes Chamber Orchestra Incorporated is located in Petoskey, MI. The organization was established in 2002. 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 06/2022, Great Lakes Chamber Orchestra Incorporated employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Great Lakes Chamber Orchestra Incorporated 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 06/2022, Great Lakes Chamber Orchestra Incorporated generated $568.8k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 14.7% each year . All expenses for the organization totaled $431.2k during the year ending 06/2022. While expenses have increased by 10.1% per year over the past 7 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE LIVE ORCHESTRAL PERFORMANCES TO ENTERTAIN, EDUCATE AND INSPIRE OUR NORTHERN MICHIGAN RESIDENTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDED LIVE ORCHESTRAL PERFORMANCES, TO ENTERTAIN, EDUCATE AND INSPIRE OUR NORTHERN MICHIGAN RESIDENTS.
TO PROVIDE LIVE ORCHESTRAL PERFORMANCES TO ENTERTAIN, EDUCATE AND INSPIRE OUR NORTHERN MICHIGAN RESIDENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Judy Zorn Executive Di | Trustee | 40 | $67,459 |
Jan Stewart Secretary | OfficerTrustee | 4 | $0 |
Randy Seiss President | OfficerTrustee | 9 | $0 |
Bill Lorne Trustee | OfficerTrustee | 4 | $0 |
William Wadland Treasurer | OfficerTrustee | 10 | $0 |
Lynn Hansen Trustee | Trustee | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $35,487 |
| All other contributions, gifts, grants, and similar amounts not included above | $439,255 |
| Noncash contributions included in lines 1a–1f | $2,500 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $474,742 |
| Total Program Service Revenue | $86,545 |
| Investment income | $36 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $7,478 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $568,811 |
| 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. | $67,459 |
| Compensation of current officers, directors, key employees. | $5,397 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $57,939 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $3,542 |
| Payroll taxes | $9,864 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $13,015 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $157,845 |
| Advertising and promotion | $24,987 |
| Office expenses | $10,759 |
| Information technology | $5,698 |
| Royalties | $0 |
| Occupancy | $18,976 |
| Travel | $25,782 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $573 |
| Interest | $147 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,311 |
| All other expenses | $3,497 |
| Total functional expenses | $431,161 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $165,528 |
| Savings and temporary cash investments | $18,827 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $600 |
| 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 | $9,807 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $13,628 |
| Total assets | $208,390 |
| Accounts payable and accrued expenses | $17,642 |
| Grants payable | $0 |
| Deferred revenue | $10,500 |
| 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 | $28,142 |
| Net assets without donor restrictions | $180,248 |
| 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 | $208,390 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Great Lakes Chamber Orchestra Incorporated has recieved totaling $55,746.
| Awarding Organization | Amount |
|---|---|
Charlevoix County Community Foundation East Jordan, MI PURPOSE: General operations and programs | $32,950 |
Petoskey-Harbor Springs Area Community Foundation Petoskey, MI PURPOSE: MICROPHONE, SPEAKER AND 2 STANDS TO USE DURING SUMMER SERIES PERFORMANCES/GENERAL SUPPORT/FALL 2021 GRANT CYCLE-BEETHOVEN 9TH SYMPHONY CONCERT/ANNUAL ALLOCATION FROM AGENCY FUND/SPRING 2021 GRANT CYCLE-AMERICANA CONCERT | $22,479 |
Affordable Housing Management Foundation Harbor Springs, MI PURPOSE: MUSIC EDUCATION | $250 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $67 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Musical Arts Association Cleveland, OH | $284,635,926 | $54,210,898 |
Cincinnati Symphony Orchestra Cincinnati, OH | $298,354,425 | $55,153,223 |
Detroit Symphony Orchestra Hall Inc Detroit, MI | $97,503,520 | $29,874,628 |
Milwaukee Symphony Orchestra Inc Milwaukee, WI | $122,941,209 | $33,243,126 |
Grand Rapids Symphony Society Grand Rapids, MI | $6,657,585 | $10,068,479 |
Indiana Symphony Society Inc Indianapolis, IN | $13,063,766 | $26,550,940 |
Columbus Symphony Orchestra Inc Columbus, OH | $23,849,025 | $7,378,126 |
Fort Wayne Philharmonic Orchestra Inc Fort Wayne, IN | $27,926,694 | $5,947,084 |
Dayton Performing Arts Alliance Dayton, OH | $10,536,333 | $6,130,805 |
Kalamazoo Symphony Orchestra Kalamazoo, MI | $22,806,442 | $2,938,902 |
Madison Symphony Orchestra Inc Madison, WI | $6,807,074 | $3,792,114 |
Milwaukee Youth Symphony Orchestra Inc Milwaukee, WI | $9,958,210 | $2,491,222 |