Klezmer Music Foundation
- Assets
- $55.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Skokie, IL
- Founding
- 05/2002
- Data as of
- 06/2022
- EIN
- 36-4013890
Organization Overview
Klezmer Music Foundation is located in Skokie, IL. The organization was established in 2002. According to its NTEE Classification (A6C) the organization is classified as: Bands & Ensembles, 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. Klezmer Music Foundation 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, Klezmer Music Foundation generated $155.3k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.2% each year. All expenses for the organization totaled $132.9k during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
CONCERT PERFORMANCES & YOUTH EDUCATION TO PROMOTE AND CONTINUE KLEZMER MUSIC
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lori Lippitz President | 0 | $7,500 | |
Ken Clinkman Treasurer | 0 | $0 | |
Larry Marks Secretary | 0 | $0 | |
Shelly Yoelin Director | 0 | $0 | |
Michael Lippitz Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $22,747 |
| Total Program Service Revenue | $132,548 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $155,295 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $7,500 |
| Professional fees and other payments to independent contractors | $15,462 |
| Occupancy, rent, utilities, and maintenance | $6,000 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $103,960 |
| Total expenses | $132,922 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $43,011 |
| Other assets | $0 |
| Total assets | $55,926 |
| Total liabilities | $857 |
| Net assets or fund balances | $55,069 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Klezmer Music Foundation has recieved totaling $7,229.
| Awarding Organization | Amount |
|---|---|
Season Of Change Foundation Highland Park, IL PURPOSE: GENERAL SUPPORT | $7,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $129 |
Jp Morgan Chase Foundation New York, NY PURPOSE: GENERAL OPERATING SUPPORT | $100 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Drum Corps International Inc Indianapolis, IN | $11,292,251 | $9,955,642 |
Music For All Inc Indianapolis, IN | $2,684,285 | $3,131,031 |
Trio Foundation St Louis, MO | $39,212,571 | $11,850,329 |
Midwest Clinic Woodridge, IL | $1,577,442 | $1,838,412 |
Legion-Aires Drum And Bugle Corps Dubuque, IA | $1,675,907 | $1,872,941 |
The Cavaliers Ap&e Inc Rosemont, IL | $1,260,732 | $1,797,473 |
Ensemble Espanol Chicago, IL | $890,186 | $1,461,025 |
Forward Performing Arts Inc Madison, WI | $1,131,638 | $1,464,298 |
Phantom Regiment Inc Loves Park, IL | $1,306,729 | $1,379,502 |
Accessible Contemporary Music Chicago, IL | $312,653 | $895,582 |
Iowa High School Music Assn Boone, IA | $289,886 | $704,627 |
Eighth Blackbird Performing Arts Association Chicago, IL | $447,450 | $697,687 |