Nu Deco Ensemble Inc
- Assets
- $120.9k
- Revenue
- $1.5m
- Investments
- $0.0
- Employees
- 7
- Location
- Miami, FL
- Founding
- 07/2014
- Data as of
- 06/2022
- EIN
- 46-2816614
Organization Overview
Nu Deco Ensemble Inc is located in Miami, FL. The organization was established in 2014. 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, Nu Deco Ensemble Inc employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Nu Deco Ensemble 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 06/2022, Nu Deco Ensemble Inc generated $1.5m in total revenue. This represents relatively stable growth, over the past 3 years the organization has increased revenue by an average of 0.5% each year. All expenses for the organization totaled $1.6m during the year ending 06/2022. While expenses have increased by 3.6% per year over the past 3 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
NU DECO IS A VIRTUOSTIC AND ECLECTIC CHAMBER ORCHESTRA FOR THE 21ST CENTURY. OUR MISSION IS TO CREATE COMPELLING AND TRANSFORMATIVE GENRE-BENDING MUSICAL EXPERIENCES TO INSPIRE, ENRICH AND CONNECT NEW DIVERSE AUDIENCES AND ARTISTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SHOWCASE NEW CLASSICAL MUSIC THROUGH PERFORMANCES AT THE LIGHT BOX THEATRE AND OTHER PERFORMANCE VENUES IN MIAMI. THESE PERFORMANCES CONSIST OF TODAY'S LIVING CLASSICAL MUSIC COMPOSERS, SEVERAL PERFORMANCES WERE CONDUCTED AND THIS ACTIVITY SUPPORTS THE MISSION OF "CREATING COMPELLING AND TRANSFORMATIVE GENRE-BENDING MUSICAL EXPERIENCES TO INSPIRE, ENRICH AND CONNECT NEW AND DIVERSE AUDIENCES".
EDUCATION OUTREACH PROGRAM - IN 2021, NU-DECO PROVIDED LIVE EDUCATION PERFORMANCE PROGRAMS FOR OVER 1,500 STUDENTS IN THE SOUTH MIAMI-DADE AREA AND OVER 37,134 STUDENTS THROUGH ITS VIRTUAL PROGRAM. THIS INCLUDES TUTORING OF MUSIC LESSONS, SIDE-BY-SIDE COACHING AND PEER-TO-PEER INFLUENCE. SEVERAL STUDENTS ALSO HAD THE OPPORTUNITY TO PERFORM WITH THE ORCHESTRA. THE GOAL IS TO INFLUENCE STUDENTS IN FIFTH GRADE AND BELOW AND ENCOURAGE THEM TO CONTINUE THEIR MUSIC AND ARTISTIC CURIOSITY AS THEY ENTER MIDDLE SCHOOL. AT THIS STAGE, STUDENTS CAN SELECT ELECTIVES IN MUSIC AND ARTS CLASSES OFFERED WITHIN THE MIAMI-DADE SCHOOLS SYSTEM.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Daniel Baltzegar CFO / Treasurer | OfficerTrustee | 5 | $0 |
Deborah Slott Board Chair | Trustee | 5 | $0 |
Michael Berman Board Member | Trustee | 5 | $0 |
Emily Borababy Board Member | Trustee | 5 | $0 |
Carly Grimm Board Member | Trustee | 5 | $0 |
Leticia Hernnadez Board Member | Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $96,331 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $230,649 |
| All other contributions, gifts, grants, and similar amounts not included above | $647,905 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $974,885 |
| Total Program Service Revenue | $508,916 |
| 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 | $1,483,801 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $2,500 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $419,180 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $25,360 |
| Payroll taxes | $31,552 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $43,124 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $392,583 |
| Advertising and promotion | $104,342 |
| Office expenses | $3,286 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $47,034 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $2,421 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $3,823 |
| Insurance | $4,904 |
| All other expenses | $2,245 |
| Total functional expenses | $1,562,599 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $54,026 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $54,742 |
| 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 | $2,539 |
| Net Land, buildings, and equipment | $9,569 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $120,876 |
| Accounts payable and accrued expenses | $46,970 |
| Grants payable | $0 |
| Deferred revenue | $760 |
| 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 | $59,515 |
| Other liabilities | $30,307 |
| Total liabilities | $137,552 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| 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 | -$16,676 |
| Total liabilities and net assets/fund balances | $120,876 |