Coastal Concerts Inc
- Assets
- $196.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Lewes, DE
- Founding
- 09/2004
- Data as of
- 04/2024
- 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 04/2024, Coastal Concerts Inc generated $180.5k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 3.0% each year. All expenses for the organization totaled $183.5k during the year ending 04/2024. While expenses have increased by 3.4% per year over the past 9 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2024
Describe the Organization's Program Activity:
Part 3
DURING THE FISCAL YEAR THE ORGANIZATION PRESENTED CLASSICAL CHAMBER MUSIC CONCERTS WHICH WERE ENJOYED BY AUDIENCES AVERAGING 1,680 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 |
|---|---|---|---|
Richard Scalenghe President | 5 | $0 | |
Lee April Vice Preside | 2 | $0 | |
Kim Leisey Board Member | 2 | $0 | |
Patricia Berry Treasurer | 2 | $0 | |
Wayne Eichler CFO | 5 | $0 | |
Dan Crampton Board Member | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $86,789 |
| Total Program Service Revenue | $87,798 |
| Membership dues | $0 |
| Investment income | $5,949 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $180,536 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $47,206 |
| Professional fees and other payments to independent contractors | $3,278 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $9,971 |
| Other expenses | $123,051 |
| Total expenses | $183,506 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $153,336 |
| Other assets | $0 |
| Total assets | $196,157 |
| Total liabilities | $1,466 |
| Net assets or fund balances | $194,691 |