Salzburg Festival Society Inc
- Assets
- $291.3k
- Revenue
- $489.5k
- Investments
- $0.0
- Employees
- 1
- Location
- New York, NY
- Founding
- 03/2006
- Data as of
- 12/2021
- EIN
- 41-2178546
Organization Overview
Salzburg Festival Society Inc is located in New York, NY. The organization was established in 2006. According to its NTEE Classification (A12) the organization is classified as: Fund Raising & Fund Distribution, 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. Salzburg Festival Society 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 12/2021, Salzburg Festival Society Inc generated $489.5k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.2% each year. All expenses for the organization totaled $624.5k during the year ending 12/2021. While expenses have increased by 3.5% per year over the past 7 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO SERVE AS A LIAISON BETWEEN THE SALZBURG FESTIVAL AND ITS AMERICAN FRIENDS AND PATRONS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE SOCIETY SUPPORTED THE SALZBURG FESTIVAL PROGRAMS. THE SOCIETY PROVIDED $200,000 TO SUPPORT THE PRODUCTION OF ELEKTRA WITH FRANZ WELSER-MOST CONDUCTING. HE IS THE CURRENT MUSIC DIRECTOR OF THE CLEVELAND ORCHESTRA. THE SOCIETY PROVIDED $100,000 TO SUPPORT ARTISTS AT THE SALZBURG FESTIVAL FROM NEW ZEALAND, SOUTH AFRICA OR AUSTRALIA. THE AMADEUS WEEKEND IS A PROGRAM OF THE SOCIETY THAT SUPPORTS THE GENERAL MISSION OF THE SALZBURG FESTIVAL.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mr Joseph Bartning Executive Director | Officer | 40 | $93,714 |
Mr Nabil Chartouni President | OfficerTrustee | 2 | $0 |
Mrs Dorothee Volpini DE Maestri Secretary | OfficerTrustee | 2 | $0 |
Mrs Elisabeth Muhr Treasurer | OfficerTrustee | 2 | $0 |
Mr John French III Chairman | OfficerTrustee | 2 | $0 |
Mr Lamberto Andreotti Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $89,381 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $393,925 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $483,306 |
| Total Program Service Revenue | $6,017 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $489,470 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $456,897 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $96,525 |
| Compensation of current officers, directors, key employees. | $24,131 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $8,318 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $4,790 |
| Fees for services: Accounting | $18,700 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $2,247 |
| Advertising and promotion | $4,639 |
| Office expenses | $12,584 |
| Information technology | $2,583 |
| Royalties | $0 |
| Occupancy | $1,965 |
| Travel | $1,464 |
| 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 | $0 |
| Insurance | $872 |
| All other expenses | $12,895 |
| Total functional expenses | $624,479 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $289,428 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $1,802 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $50 |
| Total assets | $291,280 |
| Accounts payable and accrued expenses | $20,532 |
| Grants payable | $0 |
| Deferred revenue | $22,980 |
| 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 | $43,512 |
| Net assets without donor restrictions | $197,768 |
| Net assets with donor restrictions | $50,000 |
| 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 | $291,280 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Salzburg Festival Society Inc has recieved totaling $5,000.
| Awarding Organization | Amount |
|---|---|
C Jay Moorhead Foundation New York, NY PURPOSE: GENERAL OPERATING SUPPORT | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Democracy Prep Public Schools New York, NY | $18,413,140 | $22,499,463 |
Theatre Development Fund Inc New York, NY | $10,654,511 | $12,739,705 |
New England Foundation For The Arts Inc Boston, MA | $37,132,144 | $19,074,510 |
New York Foundation For The Arts Inc Brooklyn, NY | $8,779,392 | $10,995,267 |
Moving Picture Institute New York, NY | $5,367,184 | $7,460,439 |
Liz Claiborne & Art Ortenberg Foundation New York, NY | $208,358,667 | $11,296,700 |
Pseg Foundation Inc Newark, NJ | $49,926,270 | $78,342 |
United Way Of Lancaster County Lancaster, PA | $8,532,432 | $6,314,775 |
Art Of Problem Solving Initiative Inc New York, NY | $11,649,838 | $7,944,885 |
Performance Zone Inc New York, NY | $3,205,718 | $5,815,345 |
America-Israel Cultural Foundation Inc New York, NY | $5,736,559 | $3,348,442 |
Music Performance Trust Fund New York, NY | $10,128,887 | $4,587,841 |