North Carolina Chamber Music Institute
- Assets
- $109.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Raleigh, NC
- Founding
- 09/2014
- Data as of
- 06/2023
- EIN
- 47-1239633
Organization Overview
North Carolina Chamber Music Institute is located in Raleigh, NC. 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. North Carolina Chamber Music Institute 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 06/2023, North Carolina Chamber Music Institute generated $141.0k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 10.2% each year . All expenses for the organization totaled $136.8k during the year ending 06/2023. While expenses have increased by 14.0% per year over the past 5 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Elizabeth Beilman Executive Director | 40 | $40,865 | |
Jimmy Gilmore Assistant Executive Director | 20 | $16,189 | |
Waltye Rasulala President | 2 | $0 | |
Rebecca Christian Secretary | 0.5 | $0 | |
Ram Vedantham Treasurer | 0.5 | $0 | |
Mei Thai Director | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $46,190 |
| Total Program Service Revenue | $89,075 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $5,761 |
| Other Revenue | $0 |
| Total Revenue | $141,026 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $60,816 |
| Professional fees and other payments to independent contractors | $58,688 |
| Occupancy, rent, utilities, and maintenance | $3,600 |
| Printing, publications, postage, and shipping | $834 |
| Other expenses | $12,900 |
| Total expenses | $136,838 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $108,191 |
| Other assets | $0 |
| Total assets | $109,696 |
| Total liabilities | $8,689 |
| Net assets or fund balances | $101,007 |