Festival Chorus
- Assets
- $59.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Palatine, IL
- Founding
- 02/2006
- Data as of
- 06/2024
- EIN
- 36-3557698
Organization Overview
Festival Chorus is located in Palatine, IL. The organization was established in 2006. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Festival Chorus 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 06/2024, Festival Chorus generated $48.6k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 0.3% each year. All expenses for the organization totaled $37.7k during the year ending 06/2024. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Monica M Kort President | 1 | $0 | |
Walter C Lefmann Vice-President | 1 | $0 | |
Deborah A Rose-Lefmann Secretary | 1 | $0 | |
Mark W San Hamel Treasurer | 1 | $0 | |
Madeleen C Barrett Member-At-Large | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $30,861 |
| Total Program Service Revenue | $10,490 |
| Membership dues | $4,124 |
| Investment income | $1,754 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $449 |
| Other Revenue | $950 |
| Total Revenue | $48,628 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $26,513 |
| Occupancy, rent, utilities, and maintenance | $2,250 |
| Printing, publications, postage, and shipping | $1,611 |
| Other expenses | $7,337 |
| Total expenses | $37,711 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $58,468 |
| Other assets | $0 |
| Total assets | $58,982 |
| Total liabilities | $1,600 |
| Net assets or fund balances | $57,382 |