Red Cedar Chamber Music
- Assets
- $37.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 2
- Location
- Marion, IA
- Founding
- 07/1998
- Data as of
- 06/2022
- EIN
- 42-1473672
Organization Overview
Red Cedar Chamber Music is located in Marion, IA. The organization was established in 1998. According to its NTEE Classification (A68) the organization is classified as: Music, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 06/2022, Red Cedar Chamber Music employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Red Cedar Chamber Music 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, Red Cedar Chamber Music generated $187.0k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.2%) each year. All expenses for the organization totaled $190.4k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (0.6%) per year over the past 7 years. 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
SERVE LOCAL, DOMESTIC AND INTERNATIONAL CONSTITUENTS BY FOSTERING APPRECIATION FOR CHAMBER MUSIC THROUGH PERFORMANCE AND EDUCATIONAL ACTIVITIES AND TO OTHERWISE ENGAGE IN ACTIVITIES WHICH ARE IN ACCORDANCE WITH THE NONPROFIT CORPORATION ACT IN EFFECT IN THE STATE OF IOWA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Carey Bostian Artistic Dir | 20 | $37,006 | |
Miera Kim Executive Di | 20 | $37,005 | |
Melissa Summers Director | 0 | $0 | |
Lyse Strnad Director | 0 | $0 | |
John Hegarty Chairman | 0 | $0 | |
Tom Carroll Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $163,529 |
| Total Program Service Revenue | $23,483 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $187,012 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $79,673 |
| Professional fees and other payments to independent contractors | $5,113 |
| Occupancy, rent, utilities, and maintenance | $8,723 |
| Printing, publications, postage, and shipping | $962 |
| Other expenses | $95,907 |
| Total expenses | $190,378 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $37,654 |
| Other assets | $0 |
| Total assets | $37,654 |
| Total liabilities | $11,000 |
| Net assets or fund balances | $26,654 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Red Cedar Chamber Music has recieved totaling $55,522.
| Awarding Organization | Amount |
|---|---|
Greater Cedar Rapids Community Foundation Cedar Rapids, IA PURPOSE: AREA OF MOST NEED, GENERAL SUPPORT, ANNUAL SUPPORT, INTO NOOKS AND CRANNIES: CHAMBER MUSIC FOR LINN CO, CHAMBER MUSIC FOR LINN COUNTY PUBLIC SCHOOLS | $37,891 |
Carleen And Eugene Grandon Charitable Foundation Cedar Rapids, IA PURPOSE: SUPPORT ESTABLISHED ORGANIZATION. | $10,000 |
Network For Good Inc Washington, DC PURPOSE: UNRESTRICTED | $5,631 |
Mcintyre Foundation Lawrence, KS PURPOSE: GENERAL PURPOSES | $2,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Iowa County Recorders Association Ottumwa, IA | $2,929,223 | $39,789,803 |
Milwaukee World Festival Inc Milwaukee, WI | $107,459,917 | $5,773,948 |
Grant Park Orchestral Association Chicago, IL | $15,259,948 | $7,547,765 |
Jazz St Louis St Louis, MO | $11,818,193 | $2,884,733 |
The Schubert Club St Paul, MN | $22,801,473 | $4,063,918 |
Minnetonka Youth Hockey Association Minnetonka, MN | $11,192,985 | $2,520,815 |
Chicago Sinfonietta Inc Chicago, IL | $3,675,444 | $3,506,738 |
Vocalessence Minneapolis, MN | $7,433,658 | $2,557,414 |
Osseo-Maple Grove Youth Hockey Association Osseo, MN | $2,211,214 | $2,250,377 |
Ragtag Film Society Columbia, MO | $1,382,564 | $1,866,748 |
American Composers Forum St Paul, MN | $9,023,516 | $1,393,403 |
Music Of The Baroque Concert Series Inc Chicago, IL | $2,610,285 | $1,900,263 |