Columbus Pro Musica Inc
- Assets
- $3.4m
- Revenue
- $844.5k
- Investments
- $49.3k
- Employees
- 82
- Location
- Columbus, IN
- Founding
- 10/1971
- Data as of
- 07/2020
- EIN
- 35-1178268
Organization Overview
Columbus Pro Musica Inc is located in Columbus, IN. The organization was established in 1971. 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 07/2021, Columbus Pro Musica Inc employed 82 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Columbus Pro Musica 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 07/2020, Columbus Pro Musica Inc generated $844.5k 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 (4.2%) each year. All expenses for the organization totaled $798.5k during the year ending 07/2020. 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE THE COMMUNITY WITH MUSIC, CONCERTS, AND MUSIC EDUCATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MUSIC CONCERTS AND SPECIAL MUSIC EDUCATION PROJECTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Heidi Kelley Executive Director | Trustee | 40 | $18,750 |
Tracy Haddad Director/interm Exec Dir | Trustee | 1 | $9,910 |
Melissa Fairbanks President | OfficerTrustee | 2 | $0 |
Chris Raskob Vice President | OfficerTrustee | 2 | $0 |
Barry Turner Immediate Past President | OfficerTrustee | 2 | $0 |
Pam Lego Secreatry | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $541,749 |
| Investment income | $4,899 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $18,766 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $844,516 |
| Statement of Expenses | |
|---|---|
| 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 to disqualified persons | $0 |
| Other salaries and wages | $299,558 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $67,546 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $8,727 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $33,097 |
| Office expenses | $4,283 |
| Information technology | $5,160 |
| Royalties | $0 |
| Occupancy | $20,367 |
| Travel | $12,124 |
| 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 | $29,614 |
| Insurance | $13,576 |
| All other expenses | $0 |
| Total functional expenses | $798,496 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $227,513 |
| Savings and temporary cash investments | $234,436 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $332,555 |
| 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 | $17,520 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $49,264 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $2,215,496 |
| Total assets | $3,440,427 |
| Accounts payable and accrued expenses | $139,797 |
| Grants payable | $0 |
| Deferred revenue | $150,798 |
| 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 | $105,200 |
| Total liabilities | $395,795 |
| Net assets without donor restrictions | $0 |
| 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 |
| Total liabilities and net assets/fund balances | $3,044,632 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Columbus Pro Musica Inc has recieved totaling $93,598.
| Awarding Organization | Amount |
|---|---|
Heritage Fund Of Bartholomew County Inc Columbus, IN PURPOSE: TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION | $77,069 |
Morgan Stanley Global Impact Funding Trust Inc Indianapolis, IN PURPOSE: UNRESTRICTED GENERAL SUPPORT | $10,000 |
Central Indiana Community Foundation Inc Indianapolis, IN PURPOSE: BCHS paving | $6,500 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $29 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Chicago Symphony Orchestra Chicago, IL | $576,700,123 | $109,905,535 |
Saint Louis Symphony Orchestra St Louis, MO | $77,659,859 | $61,304,520 |
Kansas City Symphony Kansas City, MO | $64,822,369 | $17,397,853 |
Milwaukee Symphony Orchestra Inc Milwaukee, WI | $122,941,209 | $33,243,126 |
Saint Louis Symphony Endowment Trust Saint Louis, MO | $280,111,729 | $18,922,089 |
Indiana Symphony Society Inc Indianapolis, IN | $13,063,766 | $26,550,940 |
The Louisville Orchestra Inc Louisville, KY | $7,756,568 | $11,516,592 |
Fort Wayne Philharmonic Orchestra Inc Fort Wayne, IN | $27,926,694 | $5,947,084 |
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 |
Elgin Symphony Orchestra Assoc Elgin, IL | $718,957 | $2,098,094 |
Wisconsin Chamber Orchestra Inc Madison, WI | $6,414,052 | $3,173,196 |