Geneva Music Festival Inc
- Assets
- $267.9k
- Revenue
- $263.6k
- Investments
- $0.0
- Employees
- 0
- Location
- Geneva, NY
- Founding
- 12/2014
- Data as of
- 07/2022
- EIN
- 47-1033843
Organization Overview
Geneva Music Festival Inc is located in Geneva, NY. The organization was established in 2014. According to its NTEE Classification (A99) the organization is classified as: Arts, Culture & Humanities N.E.C., 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. Geneva 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 07/2022, Geneva Music Festival Inc generated $263.6k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 29.1% each year . All expenses for the organization totaled $158.2k during the year ending 07/2022. While expenses have increased by 24.1% 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
PROFESSIONAL CHAMBER MUSIC FESTIVAL
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROFESSIONAL CHAMBER MUSIC FESTIVAL
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Frances Herd Secretary | OfficerTrustee | 5 | $0 |
Sharon Arthur President | OfficerTrustee | 5 | $0 |
Sheila Bennett Vice President | OfficerTrustee | 5 | $0 |
Steven Naimoli Treasurer | OfficerTrustee | 5 | $0 |
Geoffrey Herd COO | OfficerTrustee | 5 | $0 |
Betty Bayer Trustee | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $7,400 |
| Related organizations | $0 |
| Government grants | $38,037 |
| All other contributions, gifts, grants, and similar amounts not included above | $180,851 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $226,288 |
| Total Program Service Revenue | $25,006 |
| Investment income | $5,437 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$2,782 |
| Net Income from Fundraising Events | $9,674 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $263,637 |
| 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 | $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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $9,000 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,760 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $1,737 |
| Fees for services: Other | $2,004 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $11,338 |
| 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 | $240 |
| Insurance | $693 |
| All other expenses | $12,549 |
| Total functional expenses | $158,229 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $106,777 |
| 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 | $0 |
| Net Land, buildings, and equipment | $178 |
| Investments—publicly traded securities | $160,906 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $267,861 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $267,861 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $267,861 |
Grants Recieved
Over the last fiscal year, we have identified 6 grants that Geneva Music Festival Inc has recieved totaling $105,189.
| Awarding Organization | Amount |
|---|---|
Rochester Area Community Foundation Rochester, NY PURPOSE: FOR GENERAL SUPPORT | $58,189 |
Brenda & Dave Rickey Family Foundation San Diego, CA PURPOSE: FUNDS FOR DISCRETIONARY USE | $15,000 |
Max And Marian Farash Charitable Foundation Rochester, NY PURPOSE: CHARITABLE PURPOSE | $10,000 |
Wyckoff Family Foundation Inc Geneva, NY PURPOSE: CONCERTS AND OUTREACH FOR SCHOOLS | $8,500 |
Williams Family Foundation Inc Rochester, NY PURPOSE: SUPPORT FOR ARTIST COMPENSATION FOR PUBLIC CONCERTS AND SCHOOL PERFORMANCES | $8,500 |
Nelson B Delavan Foundation Chicago, IL PURPOSE: GENERAL | $5,000 |
Endowment Analysis
| Beg. Balance | $70,909 |
| Earnings | -$15,774 |
| Admin Expense | $1,737 |
| Net Contributions | $107,508 |
| Ending Balance | $160,906 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
National Minority Supplier Development Council Inc New York, NY | $14,151,024 | $19,123,388 |
All Stars Project Inc New York, NY | $22,721,562 | $11,310,796 |
The Hyams Foundation Inc Boston, MA | $163,844,341 | $20,347,329 |
Neighborhood Trust Financial Partners Inc New York, NY | $10,875,094 | $7,150,796 |
African Services Committee Inc New York, NY | $2,169,110 | $5,702,295 |
Urban Arts Partnership New York, NY | $4,790,105 | $5,921,037 |
Artpark & Company Inc Lewiston, NY | $3,327,523 | $5,321,157 |
Education Through Music Inc New York, NY | $3,082,173 | $4,504,496 |
Ridgefield Playhouse For Movies And The Performing Arts Inc Ridgefield, CT | $15,840,106 | $10,052,125 |
City Access New York Staten Island, NY | $3,686,366 | $4,897,308 |
American Friends Of Yagdil Torah Inc Lakewood, NJ | $434,654 | $3,850,627 |
International Society Of Aesthetic Plastic Surgery Mount Royal, NJ | $7,345,668 | $3,633,051 |