Olga Kern International Piano Competition Inc is located in Albuquerque, NM. The organization was established in 2015. 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. Olga Kern International Piano Competition 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 08/2023, Olga Kern International Piano Competition Inc generated $104.9k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 5.2% each year. All expenses for the organization totaled $189.5k during the year ending 08/2023. 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
2023
Describe the Organization's Program Activity:
Part 3
IN THE FISCAL YEAR 21-22, THE ORGANIZATION ORGANIZED AND FINALIZED THE 3RD OLGA KERN INTERNATIONAL COMPETITION. FINALIZING THE COMPETITION INCLUDED OPENING THE APPLICATIONS, SCREENING OF THE APPLICATIONS, INVITATION OF THE FINALISTS TO COMPETE IN PERSON, ENGAGEMENT OF JURORS, ORGANIZING THE ITINERARIES AND EVERY OTHER COMPONENT OF THE COMPETITION INCLUDING PLANE AND HOTEL RESERVATIONS, VENUE RESERVATIONS, CONTRACTS, VOLUNTEER HOSTS FOR THE COMPETITORS. THE COMPETITION TOOK PLACE AT THE IMMANUEL PRESBYTERIAN CHURCH AND ROBERTSON & SONS VIOLINS IN ALBUQUERQUE NM AND THE FINAL ROUND TOOK PLACE AT POPEJOY HALL WITH THE THREE FINALISTS PERFORMING WITH THE NEW MEXICO PHILHARMONIC. THE COMPETITION WAS LIVE STREAMED AND WATCHED ALL OVER THE WORLD. THERE WERE OVER 100 APPLICATIONS, 24 COMPETITORS WHO QUALIFIED FOR THE LIVE STREAM ROUND, 12 COMPETITORS WHO QUALIFIED FOR THE IN PERSON ROUNDS IN ALBUQUERQUE AND 16 JURORS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Marian Tanau Executive Director | 8 | $30,000 | |
Maureen Baca President | 0.1 | $0 | |
Roland Gerencer Vice President | 0.1 | $0 | |
Thomas Bird Secretary/treasurer | 0.1 | $0 | |
Olga Kern Artistic Director | 0.1 | $0 | |
Art Gardenswartz Director | 0.1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $102,744 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $2,150 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $104,894 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $41,797 |
Professional fees and other payments to independent contractors | $36,524 |
Occupancy, rent, utilities, and maintenance | $4,926 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $106,288 |
Total expenses | $189,535 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $57,180 |
Other assets | $0 |
Total assets | $57,180 |
Total liabilities | $250 |
Net assets or fund balances | $56,930 |