Coastal Concerts Inc
- Assets
- $227.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Lewes, DE
- Founding
- 09/2004
- Data as of
- 04/2022
- EIN
- 51-0390279
Organization Overview
Coastal Concerts Inc is located in Lewes, DE. The organization was established in 2004. According to its NTEE Classification (A69) the organization is classified as: Symphony Orchestras, 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. Coastal Concerts 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 04/2022, Coastal Concerts Inc generated $168.1k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.8% each year. All expenses for the organization totaled $123.7k during the year ending 04/2022. 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
2022
Describe the Organization's Program Activity:
Part 3
DURING THE FISCAL YEAR THE ORGANIZATION PRESENTED TWO CLASSICAL CHAMBER MUSIC CONCERTS WHICH WERE ENJOYED BY AUDIENCES AVERAGING 314 PEOPLE. AFTER EACH CONCERT A RECEPTION IS HELD TO ALLOW ARTISTS AND AUDIENCE MEMBERS TO DISCUSS THE MUSIC AS PART OF THE ORGANIZATION'S MUSIC EDUCATION EFFORTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Carol Dennis Executive Di | 20 | $34,000 | |
Lee April Secretary | 2 | $0 | |
Joseph Barbaccia Board Member | 2 | $0 | |
Wayne Eichler Treasurer | 2 | $0 | |
Matthew Hastings Board Member | 2 | $0 | |
James Jones Board Member | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $125,437 |
| Total Program Service Revenue | $41,725 |
| Membership dues | $0 |
| Investment income | $959 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $168,121 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $42,644 |
| Professional fees and other payments to independent contractors | $890 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $1,768 |
| Other expenses | $78,437 |
| Total expenses | $123,739 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $188,500 |
| Other assets | $0 |
| Total assets | $227,155 |
| Total liabilities | $4,485 |
| Net assets or fund balances | $222,670 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Coastal Concerts Inc has recieved totaling $41.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $41 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Philadelphia Orchestra Association Philadelphia, PA | $211,538,479 | $41,118,272 |
Pittsburgh Symphony Inc Pittsburgh, PA | $194,466,393 | $30,739,984 |
Baltimore Symphony Orchestra Inc Baltimore, MD | $16,033,795 | $20,177,740 |
New Jersey Symphony Orchestra Newark, NJ | $12,634,412 | $12,910,552 |
National Philharmonic Orchestra & Chorale Of Mongomery County Inc North Bethesda, MD | $1,849,727 | $2,888,620 |
Harrisburg Symphony Association Harrisburg, PA | $13,261,535 | $3,046,479 |
Allentown Symphony Association Inc Allentown, PA | $15,521,853 | $2,408,487 |
Philadelphia Youth Orchestra Philadelphia, PA | $1,696,190 | $1,961,434 |
Princeton Symphony Orchestra Inc Princeton, NJ | $11,470,025 | $3,029,525 |
Reading Symphony Orchestra Assn Reading, PA | $2,131,744 | $1,809,021 |
Annapolis Symphony Orchestra Association Inc Annapolis, MD | $7,107,921 | $5,168,158 |
Delaware Symphony Association Wilmington, DE | $2,036,217 | $1,506,268 |