Halcyon Music Festival Inc
- Assets
- $44.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Cambridge, MA
- Founding
- 08/2014
- Data as of
- 12/2021
- EIN
- 46-4402987
Organization Overview
Halcyon Music Festival Inc is located in Cambridge, MA. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Halcyon Music Festival 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, Halcyon Music Festival Inc generated $69.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (4.5%) each year. All expenses for the organization totaled $55.5k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (8.7%) per year over the past 6 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
2021
Describe the Organization's Program Activity:
Part 3
IN 2021 THE HEALTH SITUATION LIMITED US TO PRESENTING THREE LIVESTREAMED CONCERTS WE SUBSEQUENTLY POSTED THE VIDEOS ON YOUTUBE AND HAVE HAD A COMBINED VIEW COUNT OF OVER 300
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Heng-Jin Park Director | 10 | $18,990 | |
Irina Muresanu Clerk Bofd Member | 1 | $0 | |
William Schmitt Bofd President | 1 | $0 | |
Carolyn Mcgowan Bofd Member | 1 | $0 | |
Stephen Friedlaender Bofd Member | 1 | $0 | |
Andrei Ruckenstein Bofd Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $67,450 |
| Total Program Service Revenue | $1,503 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $68,953 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $40,713 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $12,489 |
| Printing, publications, postage, and shipping | $155 |
| Other expenses | $2,122 |
| Total expenses | $55,479 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $44,586 |
| Other assets | $0 |
| Total assets | $44,586 |
| Total liabilities | $0 |
| Net assets or fund balances | $44,586 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Halcyon Music Festival Inc has recieved totaling $20,000.
| Awarding Organization | Amount |
|---|---|
Joe Lewis Jefferson Foundation Inc Weymouth, MA PURPOSE: FULFILL PURPOSES OF THE ORGANIZATION | $20,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Handel And Haydn Society Boston, MA | $29,038,335 | $22,868,295 |
Groton Hill Music Inc Groton, MA | $210,830,113 | $41,196,688 |
Newport Festivals Foundation Inc Essex, MA | $20,080,911 | $11,132,304 |
Whyhunger Inc New York, NY | $5,607,325 | $7,869,621 |
Caramoor Center For Music & The Arts Inc Katonah, NY | $49,439,168 | $6,140,543 |
Save The Music Foundation New York, NY | $5,156,662 | $8,206,045 |
Rockport Music Inc Rockport, MA | $31,791,427 | $3,720,672 |
American Friends Of Les Arts Florissants Inc New York, NY | $1,107,997 | $2,546,808 |
Chicken & Egg Pictures Inc Brooklyn, NY | $9,525,742 | $4,390,371 |
Young Concert Artists Inc New York, NY | $10,777,916 | $2,607,839 |
New Music Usa Inc New York, NY | $21,074,524 | $3,287,635 |
Original Music Workshop Inc Brooklyn, NY | $4,224,196 | $2,706,667 |