Indianapolis Childrens Choir Incorporated
- Assets
- $2.8m
- Revenue
- $1.5m
- Investments
- $0.0
- Employees
- 29
- Location
- Indianapolis, IN
- Founding
- 09/1987
- Data as of
- 06/2022
- EIN
- 35-1690755
Organization Overview
Indianapolis Childrens Choir Incorporated, operating under the name Indianapolis Children's Choir, is located in Indianapolis, IN. The organization was established in 1987. 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 06/2022, Indianapolis Children's Choir employed 29 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Indianapolis Children's Choir 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, Indianapolis Children's Choir generated $1.5m in total revenue. The organization has seen a slow decline revenue. Over the past 3 years, revenues have fallen by an average of (2.9%) each year. All expenses for the organization totaled $1.1m during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (10.2%) per year over the past 3 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE INDIANAPOLIS CHIDLRENS CHOIR NURTURES AND INSPIRES STUDENT ACHIEVEMENT THROUGH QUALITY MUSIC EDUCATION AND THE PURSUIT OF ARTISTIC EXCELLENCE IN CHORAL MUSIC PERFORMANCE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE CHOIR PROVIDES MUSIC EDUCATION AND CHORAL INSTRUCTION FOR 2,500 CHILDREN AGE PRESCHOOL THROUGH HIGH SCHOOL IN 17 DIFFERENT CHOIRS AND 24 PROGRAMS. PERFORMANCES OF THE VARIOUS CHOIRS ARE ATTENDED, VIEWED ON TELEVISION AND SOCIAL MEDIA CHANNELS BY OVER 100,000 PATRONS AROUND THE WORLD ANNUALLY. OLDER STUDENTS EXPERIENCE DOMESTIC AND INTERNATIONAL MUSIC EDUCATION AND PERFORMANCE TRAVEL OPPORTUNITIES EACH YEAR BUT DUE TO THE COVID-19 CRISIS THERE WERE NO CHOIR TOURS DOMESTIC OR ABROAD FOR 2021 - 2022.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Josh Pedde Artistic Director And Director | OfficerTrustee | 40 | $78,970 |
Janet Bishop Director Of Finance Operations | Officer | 40 | $71,647 |
Misty Wick Johnston Director Of Development Marketing | Officer | 40 | $70,590 |
Erin Mayer Director | Trustee | 1 | $0 |
Toni Kanzler Director | Trustee | 1 | $0 |
Tim White Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $41,580 |
| Related organizations | $0 |
| Government grants | $213,102 |
| All other contributions, gifts, grants, and similar amounts not included above | $731,429 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $986,111 |
| Total Program Service Revenue | $457,691 |
| Investment income | -$37,604 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $221 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $2,744 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,457,940 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $33,973 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $229,750 |
| Compensation of current officers, directors, key employees. | $35,823 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $333,178 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $55,443 |
| Payroll taxes | $41,610 |
| Fees for services: Management | $29,688 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $52,505 |
| Advertising and promotion | $32,363 |
| Office expenses | $72,481 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $86,568 |
| Travel | $2,425 |
| 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 | $27,297 |
| Insurance | $21,911 |
| All other expenses | $0 |
| Total functional expenses | $1,120,721 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $500 |
| Savings and temporary cash investments | $609,570 |
| Pledges and grants receivable | $166,673 |
| Accounts receivable, net | $27,790 |
| 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 | $49,975 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $1,691,010 |
| Intangible assets | $0 |
| Other assets | $215,375 |
| Total assets | $2,760,893 |
| Accounts payable and accrued expenses | $23,726 |
| Grants payable | $0 |
| Deferred revenue | $111,206 |
| 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 | $134,932 |
| Net assets without donor restrictions | $1,329,869 |
| Net assets with donor restrictions | $1,296,092 |
| 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 | $2,760,893 |