Tower Chorale
- Assets
- $85.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Western Sprgs, IL
- Founding
- 02/2000
- Data as of
- 07/2024
- EIN
- 36-4307974
Organization Overview
Tower Chorale is located in Western Sprgs, IL. The organization was established in 2000. 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. Tower Chorale 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 07/2024, Tower Chorale generated $100.7k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 5.1% each year. All expenses for the organization totaled $90.1k during the year ending 07/2024. While expenses have increased by 5.8% per year over the past 5 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Richard Lauterbach Board Member | 1 | $0 | |
Mary Beth Niziol Chair | 10 | $0 | |
Barbara Margolis Co-Chair | 8 | $0 | |
Nicholas Ciotola Treasurer | 2 | $0 | |
Carol Krause Board Member | 1 | $0 | |
Beth Hallworth Board Member | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $49,893 |
| Total Program Service Revenue | $23,514 |
| Membership dues | $8,800 |
| Investment income | $1,582 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $16,890 |
| Other Revenue | $0 |
| Total Revenue | $100,679 |
| 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 | $58,613 |
| Occupancy, rent, utilities, and maintenance | $5,497 |
| Printing, publications, postage, and shipping | $9,263 |
| Other expenses | $16,723 |
| Total expenses | $90,096 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $85,907 |
| Other assets | $0 |
| Total assets | $85,907 |
| Total liabilities | $0 |
| Net assets or fund balances | $85,907 |