Cincinnati Chamber Orchestra Inc
- Assets
- $949.6k
- Revenue
- $789.3k
- Investments
- $0.0
- Employees
- 64
- Location
- Cincinnati, OH
- Founding
- 08/1975
- Data as of
- 12/2021
- EIN
- 31-0865998
Organization Overview
Cincinnati Chamber Orchestra Inc is located in Cincinnati, OH. The organization was established in 1975. 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 12/2021, Cincinnati Chamber Orchestra Inc employed 64 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cincinnati Chamber Orchestra Inc 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 12/2021, Cincinnati Chamber Orchestra Inc generated $789.3k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.7% each year. All expenses for the organization totaled $425.9k during the year ending 12/2021. While expenses have increased by 0.1% 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
CINCINNATI CHAMBER ORCHESTRA CREATES INTIMATE, TRANSFORMATIVE EXPERIENCES THAT CONNECT THE MUSICALLY CURIOUS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE CINCINNATI CHAMBER ORCHESTRA HOSTED 40 CONCERTS OPEN TO THE GENERAL PUBLIC.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ryan Boggs Treasurer | OfficerTrustee | 0 | $0 |
Nancy Lippincott Secretary | OfficerTrustee | 0 | $0 |
Daniel Pfahl President | OfficerTrustee | 0 | $0 |
Marina Abanto Trustee | Trustee | 0 | $0 |
Sijie Dai Trustee | Trustee | 0 | $0 |
Peter Hsi Trustee | Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $381,109 |
| All other contributions, gifts, grants, and similar amounts not included above | $267,093 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $648,202 |
| Total Program Service Revenue | $67,736 |
| Investment income | $54,524 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $18,871 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $789,333 |
| 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 | $278,888 |
| 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 | $6,283 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $5,896 |
| Office expenses | $1,913 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $6,802 |
| 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 | $1,827 |
| Insurance | $2,681 |
| All other expenses | $0 |
| Total functional expenses | $425,940 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $278,356 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $37,294 |
| 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 | $4,587 |
| Investments—publicly traded securities | $629,352 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $949,589 |
| Accounts payable and accrued expenses | $2,849 |
| 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 | $0 |
| Other liabilities | $0 |
| Total liabilities | $2,849 |
| Net assets without donor restrictions | $77,576 |
| Net assets with donor restrictions | $869,164 |
| 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 | $949,589 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Cincinnati Chamber Orchestra Inc has recieved totaling $84,700.
| Awarding Organization | Amount |
|---|---|
Schwab Charitable Fund San Francisco, CA PURPOSE: ARTS, CULTURE & HUMANITIES | $30,500 |
Greater Cincinnati Foundation Cincinnati, OH PURPOSE: GENERAL PURPOSE | $29,200 |
Austin E Knowlton Foundation Inc Cincinnati, OH PURPOSE: PROGRAM SERVICES | $25,000 |
Endowment Analysis
| Beg. Balance | $442,328 |
| Earnings | $54,524 |
| Net Contributions | $132,500 |
| Ending Balance | $629,352 |
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 |
Philadelphia Orchestra Association Philadelphia, PA | $211,538,479 | $41,118,272 |
Detroit Symphony Orchestra Hall Inc Detroit, MI | $97,503,520 | $29,874,628 |
Pittsburgh Symphony Inc Pittsburgh, PA | $194,466,393 | $30,739,984 |
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 |
The Louisville Orchestra Inc Louisville, KY | $7,756,568 | $11,516,592 |
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 |