Capital Concerts Inc

Organization Overview

Capital Concerts Inc is located in Washington, DC. The organization was established in 1997. According to its NTEE Classification (A68) the organization is classified as: Music, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2022, Capital Concerts Inc employed 327 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Capital 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 12/2022, Capital Concerts Inc generated $12.0m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 3.5% each year. All expenses for the organization totaled $13.9m during the year ending 12/2022. While expenses have increased by 5.4% per year over the past 8 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

TO SEEK CREATIVE SOLUTIONS FOR EDUCATIONAL AND CULTURAL PROBLEMS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

A. CREATION AND PRODUCTION OF TWO (2) PUBLIC CONCERTS TELECAST NATIONALLY OVER PUBLIC TELEVISION AND RADIO. THE "NATIONAL MEMORIAL DAY CONCERT" REMEMBERS AND HONORS THOSE WHO HAVE SERVED AND ARE CURRENTLY SERVING IN THE U.S. ARMED FORCES. "A CAPITOL FOURTH," IS A FOURTH OF JULY CONCERT TO CELEBRATE THE NATION'S BIRTH. CONCERTS ARE CONDUCTED ON THE WEST LAWN OF THE U.S. CAPITOL GROUNDS WITH THE NATIONAL SYMPHONY ORCHESTRA AND OTHER NATIONALLY RENOWNED PERFORMERS AND PERSONALITIES.


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Board, Officers & Key Employees

Name (title)Compensation
Michael Colbert
President/executive Produc
$275,000
Nancy Neuman
Vice President
$0
Dr Robert Hoover
Secretary
$0
Dr Fred Miller
Director
$0
Craig D Foucht
Chief Financial Officer
$157,133
J Christopher Kerwin
Treasurer
$132,000

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Jill N Jackson
Co-executive Producer
$195,000
Wahu Productions
Talent And Promotions Producer
$180,587
The Anton Eye Productions
Digital Production
$165,193
Wild Bronco Productions
Script Writing Services
$162,500
Theatrical Resources
Stagehand/crew Services
$149,682
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $7,972,074
All other contributions, gifts, grants, and similar amounts not included above$4,031,439
Noncash contributions included in lines 1a–1f $87,439
Total Revenue from Contributions, Gifts, Grants & Similar$12,003,513
Total Program Service Revenue$0
Investment income $19,450
Tax Exempt Bond Proceeds $0
Royalties $8,950
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $12,039,539

Peer Organizations

Organization NameAssets
Capital Concerts Inc
Washington, DC
$12,039,539
Herbie Hancock Institute Of Jazz
Washington, DC
$2,592,623
National Association Of Securities Professionals
Washington, DC
$1,844,600
Dc Jazz Festival
Washington, DC
$2,154,998
Opera Lafayette
Washington, DC
$1,640,465
Garth Newel Music Center Foundation Corp
Warm Springs, VA
$3,272,677
Washington Bach Consort
Washington, DC
$1,409,696
Front Porch Cville
Charlottesville, VA
$1,352,672
Alliance For Middle East Peace Inc
Washington, DC
$1,374,588
Virginia Musical Theatre Inc
Virginia Beach, VA
$913,945
Williamsburg Music Association
Williamsburg, VA
$860,638
Five Points Music Foundation
Roanoke, VA
$623,273
Maryland Music Educators Assoc Inc
Beltsville, MD
$753,787
Shenandoah Valley Music Festival
Woodstock, VA
$599,871
Shriver Hall Concert Series Inc
Baltimore, MD
$889,393
Virginia Music Educators Association Inc
Williamsburg, VA
$555,318
Prince Georges Cultural Arts Foundation
Mitchellville, MD
$512,538
Common Ground On The Hill Ltd
Westminster, MD
$586,812
International Double-Reed Society
Riverwood, MD
$345,729
Tamworth Music Festival Inc
Staunton, VA
$395,415
Capitalbop Inc
Washington, DC
$371,647
Renovation In Music Education
Washington, DC
$262,501
Chesapeake Chamber Music
Easton, MD
$355,976
Friday Morning Music Club Foundation Incorporated
Washington, DC
$157,453
Tidewater Winds
Virginia Beach, VA
$262,647

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